Etheruem
New Forecast for Ethereum!Since my last analysis (January 5th) reached its target level with 100% accuracy, this is a good time to publish a new forecast for Etheruem.
Another 1000 USD drop is likely in less than 2 months! and ETH could be less than 1700 in the next 8 weeks!
Keep in mind there will be always a few green days between the majority of reds!
You can see the most important support(green line) and resistance (red line) levels.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Bitcoin (BTC) - January 17Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XBTUSD 1W Chart) - Mid-Long-Term Perspective
Above the 27650.0-29350.0 section: An uptrend expected to continue.
(27650.0-33101.0 section: strong support section)
The 42084.0-47010.0 section is a support section for creating a new wave.
(XBTUSD 1D Chart)
Resistance section: 46695.0-49518.0
Support section: around 38225.0
We need to see if we can break out of the downtrend line (3) and move up along the uptrend line (2).
It must rise above the 45211.0 point to turn into an uptrend.
However, since the 46695.0-49518.0 section is a section that determines the trend, it is necessary to trade carefully as the upward trend can be continued only when the section is upwardly broken.
It is necessary to check whether there is any movement outside the section 40163.5-45211.0 by January 26th.
Attempts to break above the MS-Signal indicator came out twice (a, b) from a big perspective.
We need to see if our next upward breakout attempt (c) occurs around Jan 17-26 (maximum Jan 16-27).
If you are moving down from the downtrend line (3), you should check to see if you find support within the uptrend channel formed by the uptrend line (2).
A decline from the 40163.5 point could lead below the 38225.0 point, so trade cautiously.
The period of great volatility is around March 9th.
If the price holds above the downtrend line (3) and volume increases and the OBV's center line begins to rise, then a trend is expected to form.
At this time, if the OBV transitions from the red width to the green width, it is expected to show an upward trend.
In the CCI-RC indicator, the CCI line is expected to touch the EMA line soon.
If the CCI line rises above the EMA line and deviates from the downtrend line, it is likely to show an uptrend.
-------------------------------------------
(ETHUSDT 1W Chart)
Above 1728.74 point: Expected to create a new wave.
(1D chart)
Resistance section: 4191.93-4464.22
Support section: 2285.94-2558.23
If the price continues above the 3375.08 point, it is expected to turn into an uptrend.
However, the 3582.10-3885.52 section is the previous high point section, so it is expected that the upward trend will continue after breaking through this section upwards.
If it fails to move above the 3375.08 point, it is expected to touch the uptrend line (2) passing through the 2910.0 point, so trade cautiously.
------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level.
The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
JASMY - Eyes On Double Bottom! 👀Jasmy is approaching the ideal place for reversal which is the double bottom region at 0.0600. Keeping an eye out for a double bottom reversal. We may also break out early - if we do, watch for a bullflag after breakout to get in.
Trade Idea:
- Watch for price to approach the double bottom region
- Once bullish price action appears, enter with stops below that level
- Targets: 0.095, 0.115, actively manage the rest
Goodluck!
ETHUSD starting point approaches...For more detailed daily analysis, don't forget to go ahead and click the follow button.
Here we have our ETHUSD chart.
Similarly to other assets, ETHUSD has been driven down by market sentiment around COVID.
On this fall we can look to begin DCA.
We are approaching KEY MA's/Support giving us reason to buy.
Make sure you trade small with HVA's.
Price direction is noted by our Directional Arrows.
Ethereum buy the dip.Ethereum - Intraday - We look to Buy at 4404 (stop at 4323)
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
We are trading at overbought extremes.
A lower correction is expected.
50 4hour EMA is at 4400.
We look to buy dips.
Our profit targets will be 4629 and 4689
Resistance: 4600 / 4670 / 4700
Support: 4500 / 4450 / 4400
Observing a new trend line for EthereumA new trend line has shown itself after forming for the last few weeks.
First, we hit this zone as a resistance level and broke down.
Second, we entered a discovery period where we tested to see if it would break as the resistance which it did.
Here, we are testing it as a support and simultaneously creating a symmetrical triangle. (bullish sign)
While of course there is also a lot of panic in the markets right now and the possibility of a further drawdown here being very real, I personally do not see that happening. The RSI has been reset, we tested the SMA ribbon, and we are strongly holding this support today. I am for this reason buying.
Metal (MTL) pumps against ETH every MarchMetal (MTL) pumps against ETH every March for past 4 years since 2018.
Will 2022 bring a similar result?
Keep an eye to convert a % of your ETH holdings to MTL around Dec'21 or Jan'22 for a chance to Sell on March pump.
All the best!!
ETHERUEM, A PREDICTED ANALYSIS...Etheruem has touched the dynamic resistance and due to the rsi divergence and Ichimoku cloud, we need to have a retest again over the 3165. After that, another attempt will get started to go and break the dynamic resistance. It will be bullish till reaching the cloud at the price of 3390. So, another retest again.
If you want me to tell you that where is the best place to buy it, I'll say "After breaking the 3518 resistance zone".
*Note: This content is just an idea. Trade at your own risk, please.
Thanks,...
Eth update : What's next ?dear traders ,
our first target achieved in few days with more than 15% profit .
The possible retest area for ETH is $3500-$3600. and this will be a good opportunity to buy .
after the breakout of 4300 resistance our target will be 5500$ so hold your eth bag
press like and comment if you enjoy .
ADA to 0.0016 ETH. Long Term CUP and HANDLE formation.
Chart- 001B
Erratum: 320 must be 32.00 USD, this ia a revision for the chart (001A)
Cardano/ETh looks bullish!!! CUP and HANDLE!!With the Launching of the smart contracts , and if the global marketcap for crypto hits 10T, ETH would be playing in the USD 20K area, then we reach 32USD. Trade safe.
BITCOIN current cycle opinion I find it hard to wrap around my head when majority are saying $160,000 is the cycle top of this current cycle which also correlated to Bitcoin regression band. On the other hand top analysis said we are entering to a new super cycle which BTC will be above $280,000
My approach on the analysis :
Discarding the indicators such as the basic MACD RSI MA and STOCHASTIC or any other lagging indication. By only using sequential to track and determined actual price and actual momentum what can happen and project what will possibly happen.
On the log scale previous 9th sequential happened BEFORE breaking major resistant to ATH. In this cycle the sequential is completed at the ATH $29,000 BTC. With that being said historically BTC will dipped 62%-70% and follow up with a failed rally. The current dipped was only at 53% and we have a rally now
Analysing the duration between each cycle top, the duration between each bear cycle. IF and IF history is an indication and IF history rhymes then we will have a much larger head room to reach before any 80%-90% dip.
Is this cycle the super cycle? Comment below
*This is sole for educational purposes only not financial advise
ETHEREUM Flipping Bullish ETH appears to be entering an accumulation phase after spending the last 3 months in distribution and has now crossed into my own personal long areas where I have large positions now filled at $2330.
As many who follow my post know, breaking above the .236 fibonacci for me is the optimum spot for longs, and ETH has done that in regard to its fib retracement of $4372 which as you know is the all time high in price for this asset.
Without the need to hype things up one should just know that this is a very big deal IF the price can hold above $2331 at the close here in just over 30 minutes.
The concern here I will admit is that similarly to BTC, ETH has put in several green candles, and is now overdue for a red one.
That means we need ETH to maintain decisively above the current .236 fib level with enough room to put in a following red candle that could backtest our fib level as support. A close below the .236 as Im sure you now know is bearish and would almost certainly mean Ethereum retesting lower levels in some shape or form.
Should the .236 ($2331) level hold as support here in the next 24-48 hours, ETH could see fireworks with a first targeted move of 15% roughly before hitting the next fib resistance area.
This will be one to watch due to the fact that ETH dominates the altcoin marketcap which means if ETH is flipping bullish, then altcoins as a whole more than likely are too. Stay tuned.