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Ethpriceanalysis

Ethereum 40% pump incoming?If we bounce at this level or at the 0.886 FIB level, I think that this has a good chance of playing out. On the way up we could probably retrace 50% and create a right shoulder for something that would look like an inverse head & shoulders. This would take us to the top of the harmonic reversal point. Again, there are lots of IF this than that. So this could be invalidated quickly. We would need to bounce pretty much right about now. If we don't, this pattern is invalidated.
COINBASE:ETHUSDLong
by DavidJDM
5
ETH possibilities. Falling wedge with a rising wedge.We broke down out of a bearish rising wedge and it looks like we are starting to create a bullish falling wedge. Inside we also are creating a bullish harmonic pattern. It is a bit rough so not a clean one but the reversal point is right on the golden 0.618 FIB level for the rising wedge. I think that we should most likely bounce on that level and if we don't break up out of the falling wedge, we could fall lower to the .786 fib level (which actually would hit the target of the rising wedge perfectly). Different possibilities Stay safe out there!
COINBASE:ETHUSDLong
by DavidJDM
Ethereum Bullish ForecastWe have a rising wedge inside of a massive falling wedge. The bullish scenario would be us coming up and touching the trendline finishing off the falling wedge but I think that we could still fall to lower levels that would hit the target of the rising wedge and then come back up. Usually for the price to break a trendline, it starts creating smaller shoulders. This would create a smaller right shoulder and with enough buyers I think that we could see 3k ethereum sometime soon. But again, falling wedges can break both ways but they have a higher chance of breaking up then down. If we break down, we could see a 1k Ethereum as well. A lot also depends on bitcoin, but I think that would be unlikely. Knowing crypto though, it is always a possibility lol.
COINBASE:ETHUSDLong
by DavidJDM
2
Ethereum bearish parabolic curveLong term I am bullish on crypto but it looks like we have a bearish parabola. From here I think that we have two options. We will either dump more until we find support. I think one of the first spots is the long term trend line which is around $1800. But if we break out of this parabola, parabolas usually retrace 50% or even up to 78%. So the fib levels are the targets. From there we would probably consolidate until we decide which direction we would want to move.
COINBASE:ETHUSDLong
by DavidJDM
ETH is going to 4700?Descending Triangle formation by ETH price action. There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns. Let us see if this triangle will be bearish or bullish. I believe its a bullish as it also is forming a W double bottom in shorter time frame, and we might see an uptrend continuation from here! Nothing is certain, so lets wait and watch! You can check my previous ideas and price actions predictions by referring to the link below. Most of them were correct and played out well.
COINBASE:ETHUSD
by fullofsoul3
ETH - 12h. Buyers are preparing for the test of $3000 Despite the uncertain movement of the BTC price over the past few days, the ETH market has grown significantly. In our previous idea , we showed two scenarios of the ETH price movement that are possible in the medium term: As you can see from the chart, buyers managed to break through the range of the previous all-time high and gain a foothold above $2051. On April 18, buyers proved to the entire crypto market that this mark is important enough for them. In addition, the sharp buy-back of the ETHUSDT price over the next few days showed buyers ambition and a desire to continue pushing the price up to the mark of $3000 . Considering the situation in the crypto market today, as BTCUSDT is trying to continue falling, ETH buyers are preparing to renew the all-time high. Therefore, the main scenario for us is continued growth to the range of $3000-3300. An alternative scenario will take effect after buyers lose control of the mark 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
27
ETH NEW ATH THIS WEEK?!Ethereum was running last week and we saw as of right now for the last 10 days a 32% jump up! With BTC dominance still falling and not showing much upside I think this week we are going to see some very positive price action! ETH is getting very close to the top FIB level/ ATH it would be ideal if tomorrow we came out hot and closed our daily above the Top FIB putting us back into price discovery! The MACD looks very bullish we are seeing big separation in the bands. Aswell the EMA ribbons are starting to turn upwards and hopefully we can see them open up even more and carry us with some bull momentum. The RSI is cruising below the overbought zone but i think if we see a push past the ATH then we could see a little selloff to test supports and then start heading back up aswell to let our RSI come back down into the neutral zone! Not financial advice just my opinion
BITSTAMP:ETHUSDLong
by JacobR905
ETH - 12h. Continued consolidation or continued growth?Today, we closed the previous ETH idea because it achieved our target. It's time for a new idea. The sudden collapse of the ETH price on February 22-23 caught buyers by surprise. The main battle for the medium-term trend in the ETHUSDT market took place in the range of $1400-1430 . Interestingly, from where ETH prices began to rise in early February, it returned at the end of the month. This is clearly seen in the monthly timeframe: This fact increases the probability of a scenario of protracted consolidation until June 2021 . The main signal of this scenario will be a failed attempt by buyers to break the range of $1900-1950 . As you can see in the chart, it is from this range that the powerful momentum of the fall began. Re-testing this range at low volumes will give sellers a new chance to test $1350-1400. If we look at the chart of the ETHBTC pair, we see a similar situation: In early February, buyers gave sellers control over the range of 0.036-0.038. As long as ETHBTC prices are below this range, the probability of protracted consolidation is very high. An alternative scenario is to update the historical high and test the mark of $2690 . However, another factor in such a scenario should be the update of the historical high of BTC. _______________________ 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
20
ETH-6h. How realistic is the optimistic scenario of growth 2200?Very slowly but surely, the ETH market is moving towards the goal of our previous idea : If we compare the nature of the ETH price movement with other coins, we see that ETH buyers are in no hurry to accelerate the growth trend and organize momentum growth. The price of ETH is slowly rising, testing the main support areas. After confidently keeping $1700-1750, buyers managed to update the historical high. However, since then the price has risen by only 8% . If we compare it with the growth of IOST or DASH , it becomes clear why we do not take into account ETH for trade. However, in this idea, we decided to consider an optimistic scenario of ETH price movements. Since the previous liquidity zone of $ 1850-1880 is under the control of buyers, there is a possibility that buyers will still come to life and be able to organize a sharp impulse to target $ 2200-2230 The main problem for this scenario is the ETHBTC chart As you can see from February 6, the price of ETHBTC is systematically reduced. Confident consolidation of the price above the green range will give a good signal for the formation of a new impetus for growth in the ETHUSDT market Therefore, we expect to achieve the goal of BTC e dslvsnws $56000. We hope this will stimulate ETH buyers to take decisive action) __________________________ 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!
Long
by P_S_trade
16
ETH - 4h. Buyers Need To Hold $1700Looking at how other altcoins are actively firing, while BTC is slowly but surely approaching the mark of $50,000 , the price of ETH is calmly standing still. What could be the reason? On February 5, the price of ETH began to slow at around $1750. After the first test of this mark, sellers sent the price of ETH up to $1491. However, at this point, the sellers' aggression is over . Since February 8, ETH market participants have been actively trading the mark of $1,750 . So far, it is clear that sellers do not have enough strength to gain a keep below this mark, and soon we will see a new upward price impulse. But the main liquidity , where buyers are actively buying ETH lately, is at the mark of $1,700 .An unsuccessful attempt by sellers to break through this mark will be a good signal to start a new wave of growth. The first target is $1900. If you pay attention to the ETHBTC chart, you can see that buyers have finally managed to gain a foothold above the global range of $0.0364-0.0382. This range has held the price of ETHBTC for over 2 years. Back in September 208, sellers took control of this range. Only after the retest in January and February 2019 of this range, the price continued to fall again. The fact that the price of ETHBTC is fixed significantly increases the chances of continued price growth in the long term. The critical poin t of this scenario is the range of $1560-1610 . Below this range, a strong and fast correction of ETH will begin with a target of $1360. This is the cryptocurrency market. Everything is possible here. Therefore, take care of your deposits and successful trading! ________________________ 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!
Long
by P_S_trade
25
ETH - 6h. The next target is $2150Renewing the historic high in the ETH market has been a big event for investors. Buyers are trying to repeat the success of BTC and continue the rapid rise in prices. However, as of February 3, the price of ETHUSDT significantly slowed down the transfer with the mark of $1750. Trading volumes began to decline from the beginning of February and the dominance of ETH could not consolidate above 17% Despite these facts, the cryptocurrency market is growing and the likelihood of continued growth of ETH to $2150 is real. To do this, buyers need to confidently stick to the mark of $1750. From the mark of $2150 , there is a high probability of starting the correction . Sellers will try to lower the price below the previous historical high. What is the target of this correction? See our global ETH idea: _____________________ 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
15