Ethlongsetup
ETH Long 888->3888 MONTHLY ANALYSIS Adv. PA BackedWe had the exact down move shown to us months earlier (DONE MOVE : ORANGE) and gave us the exact low to the dollar (888), now we have an awaited up move which is also available on monthly charts since months ago, this is also backed by advanced price action, go gear up guys, we will see 3888 (MaxUp 4020), For ETH by FEB 2023 (Max May2023).
Study this one
Orange are clones
All Move lines are clones : Colour Coded
#ETH/USDT 12Hr UPDATE BY CRYPTO SANDERS !Hello, welcome to this ETH/USDT 12Hr chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
Show support hit the like button, and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Ethereum (ETH) rose by as much as 8% in today’s session, as the token briefly recaptured the $1,350 level.
Soon after the U.S. inflation report was released, ETH/USD rose to a peak of $1,351.79, moving away from earlier lows of $1077.24.
The token continues to trade above yesterday’s bottom, and as of writing is residing at the $1,272.95 mark.
Typically, such a move signals the beginning of a downward trend, which could mean that we have not yet reached a bottom.
Should this be the case, bears will likely be targeting a breakout below $1,000, after failing to move beyond this point earlier in the week.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
thank you.
ETH Long Setup Asian Range LTF ReversalDay's Bias: Bullish
Plot:
Previously a good impulse move after retracement hitting a HTF +OB and Swing Lows.
Price shows high probability of seeking liquidity on higher prices.
Asian Range shows confluence of a +OB under 5m timeframe, where 50% of the LTF Impulse also resides.
Waiting for the setup to appear at the London Open to enter a Long Position towards a GAP at about $1343.
Overall HTF Bias remains bearish and a very huge possibility a very strong down move will come the following weeks.
ETH : $4303$ETH
If $881 was the bottom for #ETH, everyone who are looking for $500 to long ETH will be buying $ETH much higher.
Mid Term scenario:
Provided $ETH stays above $1248, we will surely see a move towards $1788. If we claim $1788 and flip it to support,
$ETH charts extended fib indicate a move towards:
$1838, $1976, $2171, $2420, $3139 and $4303.
This move will be surprisingly fast.
If DEC Interest rates increment slows down to 50bps and shows signs of further narrowing, we could see these levels by Q1 2023.
What happens long term with ETH price?
As we approach the Shanghai Upgrade and EIP 4895 gets effective, we may see a small sell off as beacan chain stakers of ETH will now be able to unstake ETH gradually. That also coincides with the impeding recession fear.
Both combined. $ETH might retest today's levels towards the Shanghai Upgrade in 2023. Once that is through, they real bull run in ETH will be begin.
EIP 4844 allows proto-danksharding. This proposal will enable data processing on network and thereby reducing gas fees.
By this time, $ETH also starts getting deflationary and the deficit between new ETH and Burned ETH keeps increasing thereby increasing the coefficient in the decrease of supply curve . Rapid drop in ETH supply = Rapid increase in price.
ETH: A break and we are off?!Ethereum
Intraday - We look to Buy a break of 1401 (stop at 1347)
A higher correction is expected. Bespoke resistance is located at 1400. A break of bespoke resistance at 1400, and the move higher is already underway. We are trading at oversold extremes.
Our profit targets will be 1529 and 1559
Resistance: 1300 / 1350 / 1400
Support: 1270 / 1250 / 1220
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
#ETH/USDT UPDATE !
As we can see from the above-mentioned chart that ETH broke above the triangle patterns and moved upside till the strongest resistance zone for now.
As ETH was unable to break above the resistance level and got rejected again, it fell down again at the lower support zone.
Here ETH holding the present support level very well.
A bounce and re-gain are highly likely in upcoming hours towards the upper trend line resistance.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#ETH/USDT 2HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH UPDATE:)
ETH completed inverse head and shoulders and broke upside its inverse H&S on the upper side Right now ETH has been 2 hours update retest 50MA and pump ETH almost 30% to 40% from here
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#ETH/USDT 2HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
#ETH UPDATE:)
#ETH/USDT is forming an Inverted Head & Shoulder Pattern in the 2H timeframe..!!
right Shoulder is Not Completed Yet..🤞
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
ETH BUY SETUPReason why:
- Price broke the 18th June bears day, meaning on that day the bears were active during london. That price action got engulfed.
- Price has extremely dropped in the past days, so a bounce wouldn't be a suprise.
- The entry will be at the yellow area, however I will wait for rejection candles (wicks)
#ETH/USDT 6Hr UPDATE BY CRYPTOSANDERS!!Hello, dear traders welcome to this ETH/USDT chart analysis.
Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
#ETH/USDT analysis:- As we can see in the above-mentioned chart that ETH is trading inside a parole Chanel and broke the mid dotted trend line support.
Now here I am expecting a drop till the lower trend line support this channel pattern.
A candle that closes below the lower trend line will change the market sentiment.
Remember:- This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
ETH/USD Daily TA Neutral BullishETH/USD Daily neutral with a bullish bias. *Sunday Scaries Watch... cryptos have been holding steady over the weekend and are currently seeing a slight uptick in buying today, this could very well trickle into Monday and then resume the downtrend later in the week so it's important to have tight (mental) stop losses on any longs.* Recommended ratio: 55% ETH, 45% Cash. Price is currently bouncing off of $1711 minor support which coincides with the lower trendline of the Bull Flag formation from 05/11/22, the top of this formation is at $1941 resistance. Volume is low, which is a bit bearish given the PA, and is currently on track to favor buyers for a second consecutive session if it can close today in the green. Parabolic SAR flips bullish at $2076, this margin is neutral at the moment. RSI is currently trending up slightly at 33.78 as it slowly approaches a retest of 36.91 resistance. Stochastic remains bearish as it is currently completing a trough formation and is on the verge of a bullish crossover at 32.91 (technically testing 22.98 support); the next resistance is at 46.76. MACD is in the midst of resisting a bearish crossover as it breaks out of the descending trendline from 04/04/22, it is currently trending up slightly at -207.28; if it can follow through with this breakout, there would be significant upside considering that the next resistance is at -90.80. ADX remains trending sideways at 49 for what is on track to be the ninth consecutive session, this is as Price consolidates between $1700-$2000; if ADX begins trending down as Price trends up, this would be indicative of a temporary reversal/retracement and therefore mildly bullish. If Price is able to continue up in the coming sessions, it will likely test $1941 resistance as it retests the upper trendline of the Bull Flag from 05/11/22. However, if Price breaks down here then it will likely retest the lower trendline of the descending channel from October 2021 at $1426 support. Mental Stop Loss: (one close below) $1711.
All Eyes on ETHETHUSD is peaking over just over the 200 Daily EMA which has a lot of significance on where it will go next. The fact we've breached the 200 Daily EMA while BTCUSD continues to be rejected by it speaks to two different conclusions. 1.) ETHUSD is following it's own market now and not following the BTCUSD "Supercycle" which is bullish for ETHUSD, removing itself from the BTCUSD market and establishing it's own market paradigm will create even more growth. 2.) It's breaking from the pack of layer 1 utility tokens, massive market saturation has come fold in 2021 with SOL,XTZ, AVAX, ETC... ETH with it's slow transactions (13sec block times with 12TPS) and high gas fees made it a target for SOL and others which have faster block times and higher TPS. With the anticipation of ETH 2.0 moeny seems to be pouring into the ETH ecosystem with the burn continuing to the null address.
Analysis
the 20 EMA has bullishly diverged over the 50 EMA but still far from the 200EMA, however with the current price action the EMAs will rapidly follow up, if these EMAs can diverge over the 200 EMA we have achieved consensio and will continue long. The fact we have breached the 200 Daily EMA means we are making the resistance much weaker every time we push through it.
Confusion
If we can maintain levels above the 200 Daily EMA for one week, full steam ahead as the 20 and 50 daily EMAs wilil catch up to the 200 daily EMA
"I keep telling my wife this isn't financial advise but she keeps loosing our monies."
-KewlKat
ETH chart on 1W Time FrameLooking ETH here bouncing on support for a second time .
If ETH does not manage to hold this level I will be expecting a retracement back to $1,710 - $1,800 .
And if it gets worst I will be expecting a bounce around the first blue box of support around the $1,000 - $1,300 .
If we fail to support that area my guess its that we will be going more down very hard and fast .
Now lets see a more bullish scenario on ETH .
Lets consider that we will hold this level and bounce , In this case I would expect a pump to retest $3,200 and then $3,500 - $3,600 .
Moreover, in the case we get even more bullish , we could visit $4,000 and more levels as we go up .
NOTE : I would NOT enter very big longs or shorts positions , as taking into consideration the current geopolitical factors affecting the markets there is uncertainty and too much volatility when it comes to moving . So be careful and consider using stop loss.
DONT TRADE WHAT YOU CANT AFFORD TO LOSE !