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Ethforecast

Ethereum pullback to 2K??!Ethereum looks like we are going to see a pullback to 2K before we start moving back up again. We saw a break of the 0.5 FIB level and our next major support is just over 2K. We see the MACD has been very jagged recently with multiple bullish and bearish crosses and now we are just seeing the start of another bearish cross. It seems like ETH wants to start moving up but is being held down by BTC just like most of the market. very rare to see a 2 green bar cycle on the macd histogram that's why i think we are being held down. Also something very crucial to watch is that bottom bollinger band we are creeping closer and closer to that bottom band and if we do start riding it we could be in for a significant pullback maybe even lower than 2K. But i personally will see this as a great buying opportunity and will look to grab some more. And we all know the strength of ETH we have already witnessed it earlier in this cycle! Now the RSI does seem to be getting stuck below that 50. point midline and we keep seeing bounces off of it and i wouldn't be surprised if we see another. Remember only when we see a full break above this level and a confirmed hold will ETH be considered in a uptrend. So as we continue like this just like 99.9% of the market we are in a confirmed downtrend and or a mini bear market. I dont think this bullrun is over at all i believe we are just seeing a cooldown with big institutional money flowing into these projects but thats just my opinion! Not financial advice!
BITSTAMP:ETHUSDShort
by JacobR905
1
ETH going to hold the 0.5 FIB!ETH has ran up with 3 green candles pushing through the top resistance of the pennant and aswell as the 0.5 FIB Level, i talked about this in my last TA for eth. We seem to be solidly holding the 0.5 FIB now and we will have to get that confirmation soon, this is a pretty solid support, resistance level imo. Our RSI bounced off the 50. point and we are slightly coming down. we are due for a nice breakthrough into bullish territory after not since later May. The MACD saw a bullish cross recently and we are starting to see nice separation on the MA's bit is still to early to really know. Last the EMA ribbons are very important as they show momentum bullish and bearish and while ETH being in the minority of coins that didnt start to flip bearish with the ribbons we are showing very good resistance from the bulls. We do have to watch these though because if we we're to see a full flip bearish we could be seeing some heavy downside, i feel when the EMA ribbons squeeze hard like this there is momentum building and we are likely to see a pop soon whether that be staying bullish or flipping bearish. NFA just my opinion!!
BITSTAMP:ETHUSDLong
by JacobR905
ETH - 6h. We expect a test of the mark of $3600 For almost the second week, the ETH market froze in an intriguing consolidation below the mark of $3000. After a powerful wave of decline that ended on May 23, buyers began to recover the ETHUSDT market. Although trading volumes have been low over the past week, there is no denying the fact that buyers are confidently managing to keep control of the lower trendline and push the price of ETHUSD upwards. Reducing the impact of BTC on the crypto market has a positive effect on ETH: The chart shows that even the consolidation process in the ETH market looks much more positive than in the BTC market. In this price range, sellers are too weak to continue the downward momentum. Therefore, our subjective opinion is that during this week the buyers will succeed in low volumes , but with systematic pressure to take control of the mark of $3000. Successful breakout and consolidation of the ETHUSDT price above this mark will open the way for buyers to the important critical point of $3600. It is at this mark that there is a high risk of a repeated fall wave with a possible renewal of the local low. If we look at the 3-day timeframe , we can see that at the moment buyers have only managed to stop the wave of the fall: That is, we saw a stop and a set of a local position to start an upward rebound. However, the buyers' attempts to return the market situation and show the real forces that remained have not yet happened. In addition to this fact, the ETHBTC price chart adds a positive note on the ETH market: As you can see on the chart, buyers managed to almost completely absorb the fall of the weekly candle from May 17. An alternative scenario in the ETH market will come after the sellers break through $2,550. In this case, buyers will be forced to defend themselves again in the range of $2050. ____________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
66
ETH and Altcoin takeoff??!!Ethereum has been steadily rising and slightly going sideways after our big recent correction and has been consistently been creating higher lows and has formed a ascending triangle(bullish) and overall looks very very healthy and primed for a next big move upwards! We are approaching the top and apex of this ascending triangle and i think we will see a nice breakout in the coming days (BTC is a factor keep in mind). We are seeing similar low volume like BTC but we all know that can change in the blink of an eye. Looking at the MACD we did recently get a bullish cross but movement has been pretty stagnent with our histogram only slightly printing larger bars. This can change if we start seeing some separation with the blue and orange MA aswell as some upwards movement, and aslong as they don't cross bearish we are looking great short term! the RSI aswell is in a compressed ascending triangle pushing up towards the Apex and the 50. point midline, feels like we will see a strong push through the 50. and then continue up and get ourselves into a confirmed uptrend which we haven't seen in a months time, lots does factor on BTC but we are looking good as of right now. Also want to shed some light on EIP 1559 which is set to launch in 45 days! this upgrade imo will work wonders for Ethereum as with every single transaction some ETH will be burned, i highly suggest researching this as imo will be huge, just think, slowly decreasing supply with either the same demand or greater demand! NFA Just my opinion!
BITSTAMP:ETHUSDLong
by JacobR905
ETH Market updateETH is moving between a strong resistance and support, while shaped a double bottom, the green trend is a bullish trend which if ETH break it and retest successfully , will start the bullish movement , but as we see , there is a med size of sell ordwr around the trend line which I believe will cause a fall, meantime we have a big buying order in the area of 1375 to 1060 , I know lots of you think that I am a bear, but the point is BTC movement is making such deeps for alts. Not financial advice.
by Sarahtn5421
1
Ethereum ready for take off?!Ethereum is gaining some steam pushing towards that 0.3 FIB level and 50 SMA, the very key thing about the 50 day moving average is when we are in bull market our candles tend to ride ontop of the 50 day and use it as support, this can be seen looking to the very left up until recently. I think once ETH pushes up and breaks this 0.3 FIB and finds support again ontop of the 50 day we could see another huge pump for ethereum, especially with BTC dominance falling! Our RSI is getting very close to that 50. point line we're if we see a confirmed break above we will get a lot of momentum, lots of bullish indicators flashing guys. On the MACD we are seeing very bullish separation on our MA's with no sign of slowing down anytime soon, we are just about pointing straight up, the red macd lead is flying high pushing above that mid histogram line. Could see some crazy explosions in alt coins coming up soon! Not financial advice just my opinion!
BITSTAMP:ETHUSDLong
by JacobR905
ETH The fall targets have been fulfilled, now we expect growthSo the future has come, and it turned out that our foresight for ETH turned out to be a cruel reality. Less than two weeks have passed since the previous idea for ETHUSDT was published, and it worked out all the goals from below. By the way, the idea of ​​ETHUSDT was included in our top 15 correction forecasts for the last two months Ethereum was drained by -60% - this is the average mark for the market, thin and less liquid coins were drained by 70-80+% Now, in general, we expect an upward rebound in the crypto market. In particular, for the ETHUSD pair, we expect a rebound to the $3000-3300 zone, where the longs should be covered and looked around. What are your expectations and attitude for the next 3 months in the cryptomarket? Share your Top-3 coins that were the most worthy on the fall, where do strong and confident investors sit? and the crypto community will thank you with likes, maybe even donations) _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
16
ETH 1D Is the End of Growth Near?We bring to your attention the global idea of ​​the ETHUSDT trading pair If you are an ardent fan of Ethereum, then for the next few days your goal is about $4700. Moreover, the dominance of ETH is growing, that is, capital flows into this project. However, if you look at the chart on a large scale, you can see how the ETHUSD price has been moving upward in a channel for more than a year. Now the ETH price is very close to the upper border of the channel and a rather strong correction may begin. The first correction level from below is around $3000. However, a more or less l iquid zone is in the region of $2150 and below .. . Is this fantasy or a cruel reality we will learn in the future) _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
39
Ethereum, ETH - 57% drop😰when to buy?Price dropped 57% from high😱 Yesterday it was so big liquidation traders who have long positions. If the price comes back to 1950 - 2200, it will be the best zone for buying. The only spot) Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
11
ETH LONG TO 4300, ANALYSIS TRADE SETUPHi, Good luck, I am probably leaving this market, I lost most of my portfolio because I was not lucky at all. This should be last trade setup I will give, and I think market will crash soon. Analysis of trade setup: Cup and handle pattern on weekly TF (or daily if you fancy it). Targeting double the length of cup to find price target, which is 4300.. Fib level 1.618 is also sits at 4300. ETH will go to 4300, and reverse back to it's previous resistance level which is at 2000. Then will go more down probably.
BINANCE:ETHUSDLong
by baris3
4