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Etheruem

Bitcoin Buy Levels For a week that has the Greyscale Bitcoin dark cloud looming over its head, Bitcoin, out of a sudden turn of events, has managed to come back from the grave and is currently forcing its way back above what I believe to be significant areas of support/resistance. And although it is premature at the moment to say, Bitcoin is in my opinion confirming a buy signal IF it can hold above this $31967 price level that we are currently battling at. A daily and preferable weekly candle close above this level could be the entry of a low risk, large size long as the price level of $31967 represents a very important mathematical level of a .236 fibonacci retracement. For me personally, it is THE level where I begin my entries for longs. And anything below this price is bearish until bulls can prove otherwise. Now, however, bulls are proving otherwise and are attempting to push the price above our .236 fib level. Keep in mind that this is only the little brother of a much larger .236 fib level still over our heads at around the $37500 area. This level corresponds with the all time high in bitcoin so this level in my opinion will be the gateway back into full blown bull market in Bitcoin.. but lets not get far ahead of ourselves just yet. Bitcoin now has much work to do as the battleground and area of interest is this $31967 area on the weekly as a close above this would be a signal for a good size long with stop losses 2-3% below it (this is my own personal risk tolerance). If price action closes above this level this week, local price targets will be as follows: $31967 $33739 $35171 And of course just above $35171 we have our boss level at $37500 (the 2nd .236 fib). Keep in mind that Bitcoin also still finds itself below a major downward sloping supply line that has extinguished every attempted rally since the all time high top in BTC price. This infact means that Bitcoin is still bearish UNTIL a confirmation close occurs above our 1st .236 level at minimum, but ULTIMATELY this diagonal resistance line must be broken as well. So going forward the setup is pretty simple. To sum up, closes above $31967 makes me bullish, anything below that, I am not trading. IF we break bullish, we must break above the orange downward sloping supply line as this will be the final hope for bears before BTC potentially squares up for a test of our 2nd .236 fib level. Your floor and final level of support is $29104 with major resistance from the swing high at $41238. PLZ USE ALERTS AND OR STOP LOSSES
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by TradeVibez
Ethereum Attempting to Reclaim SupportThe 3 day chart makes it pretty clear that Ethereum lost support of the previous ATH before the parabolic rally, but it has bounced back above and will attempt to hold it as support. This is confluent with the Rising Wedge target, so shorts will be taking profits here which means there should be extra help for a bounce. We need to see decent volume indicating absorption of supply, as well as preferably closing the 3 day on or above the 618 fib from this small move up.
Long
by dontdaytrade
Ethereum Buy a break setup.Ethereum - Intraday - We look to Buy a break of 2283.3 (stop at 2218.9) The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing. Dips continue to attract buyers. 1700 has been pivotal. Our outlook is bullish. A break of bespoke resistance at 2250, and the move higher is already underway. Our profit targets will be 2448.8 and 2488.8 Resistance: 2250.0 / 2400.0 / 2500.0 Support: 2150.0 / 2050.0 / 1950.0
BITSTAMP:ETHUSDLong
by Signal_Centre1
ETH Ethereum Channels - Crossing into upper channelEthereum has been following several channels. ETH spent some significant time inside the bottom two channels, and has now entered a new top channel. Will it spend as much time within this upper channel? If you scroll back you will see this upper 3rd channel lines up with another trend line from months back. Wanted to share this chart, it may be helpful as a base template for further analysis. There is a major demand zone as well as some resistance zones flipped into key support levels.
KRAKEN:ETHUSD
by DestinyJV
1
Ethereum (ETH) - March 10Hi? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- It remains to be seen if it can rise along the uptrend line (5) and climb to the 1917.39-1997.19 section. Accordingly, we must see if there is any movement that deviates from the 1598.48-1917.39 range due to volatility around March 15-18. If it falls, you need to make sure you get support at 1757.79. If it falls from the 1612.0 point, a short stop loss is required. However, you need to trade carefully as you can touch the uptrend line and go up. If it falls from 1278.98, you need a Stop Loss to preserve your profit or loss. If it gains support and moves sideways between 1917.39-1997.19, it is expected to rise towards the 2236.59 point. It remains to be seen if the OBV indicator in the volume indicator can increase the OBV center line as the green increases. If the trading volume does not increase, it is highly likely that it will fail to break above the 1997.19 point. On the CCI-RC indicator, we need to see if the CCI line crosses the EMA line or falls below 100 points. ------------------------------------------ (ETH Dominance 1D Chart) We need to see how we can get support at the MS-Signal line on the 1D chart and rise above 13.272 points. If the 13.272 point is supported as an important point, further gains are expected. The next volatility period is around March 15th. We believe that the rise of ETH dominance leads to the rise of the ETH price. This suggests that when ETH dominance moves sideways or rises, if ETH price falls, it is a good time to buy. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, 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 that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITFINEX:ETHUSD
by readCrypto
2
Ethereum (ETH) - February 11Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- You should watch for any movement that deviates from the 1671.57-1821.59 segment. If you fall from 1671.57, you can touch the 1446.53-1521.54 area, so you need to trade carefully. If you decline at 1424.30, you need a short stop loss. We have to see if the OBV on the volume indicator can touch the 751.494K spot and turn upward. On the wRSI_SR indicator, the RS line is falling below 50. As a result, volatility may occur, so careful trading is necessary. On the CCI-RC indicator, it remains to be seen if the CCI line can rise above the uptrend line drawn and above the EMA line. -------------------------------------------------- --------- (ETH Dominance (ETH.D) 1D chart) (eng) You should watch for any movement that deviates from 14.26-15.02. If it falls below the 13.27 point, there is a possibility that ETH has lost a lot of power, so a plunge may occur. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
BITFINEX:ETHUSD
by readCrypto
1
ETHERUEM - You Decide => We Follow!ETHRERUEM has a decision to make. And just like chess, we will wait for it to make the first more, and then act accordingly. As you can see, ETH is now trading inside these two red trendlines. We have two possible scenarios: 1- Reversal: The lower red trendline is already valid (connecting three swings) and our last swing (gray area) is our trigger swing. So we will be waiting for a momentum candle close below it to sell this one. Then as it approaches the lower green support zone (900-950), we will be looking for buy setups to form. 2- Continuation: The upper red trendline is not valid yet, so we will be waiting for a third swing high to form around it (as shown in purple) and then buy on its break upward. In this case, as it approaches the all-time-high (1350) we will be monitoring price action and decide if we will close our buy and look for sell setups, or keep our buy. As per my trading style: When our buy or sell is activated, the stop loss goes beyond the last swing from the other side. and I target double the stop loss size. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BITSTAMP:ETHUSD
by TheSignalyst
157
Ethereum (ETH) - December 14Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We need to get support at the uptrend line (2) and see if it can rise above the uptrend line (4). Also, if you get support in the 551.19-566.92 range, I think there is a high possibility of further gains. It remains to be seen if the volatility around December 17th will cause any movement outside the 551.19-628.19 range. If it falls at 551.19, it is a short-term Stop Loss. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
BITFINEX:ETHUSD
by readCrypto
Two Timeframes and Two Conflicting Ideas for EthereumThere are two conflicting ideas for Ether right now. The 1 Hr candles (or if you count the wicks on the 4 Hr candles) shows a rising wedge pattern. This rising wedge is much clearer on BTC which is what leads me to believe it is more likely. However the 4 Hr candles look like a nice ascending triangle pattern which, if it breaks to the upside should be very bullish . Wait for the breakout on either side before deciding to buy, HODL, or sell.
by dontdaytrade