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ETHEUR

ETHEREUM - Can it break the 2,000$ To cut a long story short: Probably not. Unlike Bitcoin that may rise (potentially) exponentially, Ethereum has SERIOUS competitors.. Technology is shared, especially in the blockchain sphere, new players enter dynamically with big budgets, new ideas and more inovation. Given that Cardano and Polkadot/Kusama (amongst many others) are not just catching up but also add value and innovation building on some of Ethereum's problems in a beautiful way. There is no guarantee that Ethereum will be the 'Number 2'. There are no guarantees that the new version 2.0 will be a good, successful one. Thus I am already out of Ethereum for now and probably looking for a short, now at the 2,000 celing.... or will it be breached and fly higher? I don't know, we need to take it one step at a time
BITSTAMP:ETHUSDShort
by FX_Professor
4
ETHEUR on the verge of its last upside within ascending wedgeHello traders, We're again near the latest ATH, as BTCUSD and ETHUSD. In the case of ETHEUR, the psychological resistance would be 1600 EUR. As described on previous analysis, the flat top triangle (blue) which goes from mid January to early February would signal that prices would go up to 1613 EUR. However, a really disturbing ascending wedge (red polyline) has been forming immediately after the flat top triangle was completed. As can be noticed, we're at the last stage of this wedge, so keep your stop-loss thresholds tight. Now the question would be this: will this wedge be completed when reaching 1600 EUR? Will the upside halt when reaching its previous ATH? Will a new ATH be set between the previous and 1613 EUR? To answer this questions, I've came up with this hypothesis: Considering that the top of the flat top triangle would be a major support (that is, the zone between 1183 to 1210 EUR) and that the height of the ascending wedge signals the theoretical pullback after the pattern is completed, I decided to project the height of the wedge from the top of the triangle. The result is the hypothetical resistance level of the current uptrend, which would be located on the previous ATH (1548 EUR) or a little bit higher (1572 EUR). Though the height of the flat top triangle signals that prices could go up to 1613 EUR, what happens between 1548 EUR, 1572 EUR, and 1613 EUR for now is a complete mystery for me.
by lbrina
ETHEUR flat top triangle aiming towards 1500 EURHello traders, After a brief correction, ETHEUR is back on its ascending rally. Right now chart is forming a flat top triangle (blue outline triangle). As can be noticed, its height signals the price range, which is around 1500 EUR (thus, it will test again that price). Momentum, MACD histogram and KDJ in the 2h timeframe are below underbought levels, so even if the resistence is located at 1422 EUR, right now it's also a good opportunity to buy.
Long
by lbrina
1
ETHEUR towards 1600 EUR, part 01Hello traders, The bullish trend isn't over yet, so unless you're an intraday trader, don't panic. The latest ATH at 1510 EUR signals the exhaustion of the flat top triangle (B, orange) formed between January 19th and February 2nd. However, one must consider that some traders would picture a larger flat top triangle (A, blue) formed between January 10th to February 2nd, which would send prices up to 1610 EUR. Notice, that there's a chance that an ascending wedge might be forming, but we'd speculate with that if prices go down up to 1382 EUR (full red polyline), which is 0,5 Fib considering the latest bullish trend. Whatever happens there will definitely condition what would happen next, whether it be a new ATH reference, or another flat top triangle. Please like, share, comment, or donate if you find this analysis useful!
Long
by lbrina
ETHEREUM - Sticking to the planSecret to successful trading is to stick to the plan! We have been buying for the last 3 weeks , taking profits at all time highs and buying in again at the dips . Let's not ignore 'Market games', manipulation and fundamentals. I said I would be buying until Feb 8th and then sell. The CME factor, yes. In 2017 when the CME started trading Bitcoin the price dropped. Ethereum will suffer too, I am confident it will happen BUT it is NOT the time to go short yet... You see, the game is played differently every time but the outcome is always the same.. so, buy mode still on, sell button can wait a bit more. That's me and how I see things.
BITSTAMP:ETHUSDLong
by FX_Professor
13
ETHEUR aiming towards previous ATH and beyond (1500 EUR)Hello traders, After an agressive correction, ETHEUR is back on its (bullish) track. Right now it is forming a little flat top triangle noticeable on the 5 minutes timeframe. As the price range taken from the base to the top of the triangle shows, we can expect prices to reach at least 1462 EUR, and a new ATH between the previous 1470 EUR and 1500 EUR. Don't forget setting up tight stop-loss limits! If you find this analysis useful, don't forget liking, commenting, or donating Tradingview coins. It would be very appreciated!
Long
by lbrina
ETHEREUM Let me Repeat: Rise till February 8thI am terribly sorry but i keep repeating myself here: Ethereum will keep on rising until Feb 8th We remained BULLISH while many were trying to go short (some of you made fun of me came on chat playing smart-asses, now you disappeared, I MISS YOU!) Well, we knew it and it's happening , ATHs were expected and we stopped counting them. At the same time, it has been a Classic Example of how to buy dips when you have a clear direction fundamentally. Thank you and please wait for the Feb 8 video explanation.
BITSTAMP:ETHUSDLong
by FX_Professor
14
ETHEUR possible scenariosHello traders, I hope you're doing well. Apparently a downward channel is being formed, as suggested by the grey polyline. After testing again the resistance at 1381 EUR, we might expect a retracement up to the area signaled by the purple rectangle (Fib 0,618 and 0,50). As you can notice, KDJ signals overbought, momentum is decreasing, and MACD histogram has reached its first threshold (signaled by a green dotted line). If 1341 EUR is surpassed, my expectation is that the next support would be, naturally, 1314 EUR and 1300 EUR. Now, if that support is trespassed, price would keep sinking up to 1287 EUR, which is a support based on a Fib retracement taken from ATH to 1210 EUR, which is the breaking point from the main support (ie. flat top triangle).
Short
by lbrina
ETHEUR bullish trend pricing until mid FebruaryHello traders, Flat top triangle is reaching its last stage, and we all expect it to burst upon its resistance on 1210 EUR. Here are some pricing scenarios for the next days: 01. On short term, prices will rise up to 1263 - 1278 EUR, based on a inverted head and shoulders which can be identified between January 25 and 29, 2h timeframe. 02. From there, price will rebound to test the new support on 1210 -1985 EUR before resuming the bullish trend 03. Considering the height og the flat top triangle, I expect prices to rise up to 1370 - 1400 EUR, though things can get a little bit awkward when ETHUSD reaches 1600 USD, which would be around 1343 EU If you find this analysis useful, please like, comment, or donate Tradingview Coins.
Long
by lbrina