ETH in a scary spot!The chart explains it self.
Momentum is king, that's why my indicator is so good at seeing what channels that are being respected or not!
Make sure to look at the volume weighted MA's when price breaks out or down! It's going to tell you if there is a continuation
Quick TPI update for ETH
ETH is still in the ranging-bearish territory... Stay safe!
Since the 19th of april, the long-term TPI for ETH has fallen approx 75%! This is a bearish sign!
Momentum Channel Indicator is linked below
Ethpriceanalysis
Ethereum will pump over 2100 in near future!4h time frame
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Ethereum initially stop falling here and start consolidating.
We need another rejection from 1930 to clear leveraged positions.
At that time, a potential inverse head and shoulders will create, which target is around 1730.
Further, a huge pump may move on 5/B.
So, there are two entries to long, 1830 and 1730.
Get ready for it!
ETHUSDT - A lot of levels are waiting for correctionOn the trading chart, I believe that there should be a correction of this price in the range of the golden level Fibo.
The correction will be accompanied by a zigzag form of Elliott waves (1-5)
In order to open a position - wait for the LFT confirmation
I am awaiting confirmation of my decision and plan to open a short position in the range I have shown
If you want to know about more specific actions, then look in the description of my profile
Ethereum ETH price under the threat of falling. Hardfork soon🔥In 10 hours, the Shapella hardfork will include two major updates, Shanghai and Capella, lower commissions, and add the ability to withdraw ETH from staking.
And it is precisely the possibility of withdrawing Ethereum from staking that can create a good additional supply of ETH on the market.
We have seen various assumptions about the amount of ETH that will be released to the market, from a positive figure of only 1 billion$ to the most pessimistic 34 billion$. It all depends on the temperament of the person who made the calculations and put forward their assumption.
However, the eternal law of supply and demand cannot be changed: More supply means a lower price.
Now let's get to the facts, and we are only interested in one:
According to the project documentation, with the input data that is known now, full unlocking of funds is available for eight validators per epoch (1,800 per day). This means that 57,600 ETH (~110 million$ at the exchange rate at the time of writing the idea) can be withdrawn from the staking every day under this procedure.
Taking into account that the daily turnover of ETH is 9-10bn$, the unlocking should not critically affect the price of ETHUSDT
But who knows what it will be like in reality)
So, we have identified a wide range of $1350-1550 for ourselves, where we are ready to buy ETH again in our medium and long-term investment portfolios.
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📈ETH analysis above 1801 level📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hey everyone, first take a look at my previous analysis and positions.
For a long position, Ethereum needs to stay above 1800-01usdt.
Don't forget to risk-free your position.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
Ethereum to 2k usdEthereum finally broke its resistance of 1830 usd. This is a welcome break after a 17 days sideways period.
Right now we're at day 25 out of the on average 65 days cycle of Bitcoin. I'm using Bitcoin as a reference as Ethereum is highly correlated to that asset. Meaning we still have a max of 2-3 weeks of upside potential, as I expect us to have peak at the right side of the halfway point of the daily cycle.
I believe this move will bring Ethereum at least to 2k usd as that is where the next resistance resides.
ETHEREUM ETH price moves clearly, a good asset to tradeThe global idea for ETHUSDT that we published more than a month ago is still relevant and is being developed well.
The ETHUSD price has entered the $1750-2000 liquidity zone and the process of "braking" growth has begun. It seems that it is still not strong enough to break above $2000, and a correction is needed.
If during the correction, ETH buyers manage to keep the price above $1600, it will mean that they have the strength, motivation, and goal to drive the price much higher.
We also expect a correction on the BTCUSDT chart. The idea that we published at the beginning of the week is relevant, we just have to wait a little bit)
Have a great weekend
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ETH SECURITY ISSUE ETH IN DANGER;!Eth is considered to be a strong project after Bitcoin recently Eth has been upgraded it was previously on Proof of Work now it has been upgraded to Proof of Stake. New York Attorney General Letitia accused Eth of having security issues, so the case will continue for now. The Shanghai update is going to happen in the month of March and people will have ETH stacks that have been stacked for years and there will be a selling pressure due to which Eth is expected to crash by 10-15%.
Bitcoin is facing a key decisive battle, will the bulls rise?
As of the update, the current price of BTC/USDT is US222,438, and the daily performance still shows a short trend, but the current price has been maintained at a small fluctuation, not quantified, this situation is much like just after an unusually intense exercise, you need to calm down.The current position of the daily line near 22500 is the key. If it can stabilize at this position, then the price environment of BTC/USDT will be greatly improved; there is even an opportunity to rebound to the 23700 mark; and once the 22500 position cannot be held, then BTC may fall to the level of 22000 or even 21500.
Judging from the 4-hour chart, the price of BTC is gradually shifting upward, and the MACD technical indicators are gradually rising. However, in terms of strength, the short-term will not rise too high. It is estimated that there will be no major fluctuations in the first few days of this week, and it will run in the range of 22200-22700.
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ETH/USD Critical Breakout Level of 3 Year Structure!Hello Traders,
Haven't made a post in a year since I called the top of the last bull-run (you can see it in the linked ideas).
This post is an alert to anyone watching the macro of crypto. A confluence area of .786 Fibonacci retrace, 2018/2019 all-time high, a year old supply line breakout, and 3 year old support line is where the asset is currently priced.
As of yesterday, we have broken the supply line to the upside.
Now, to me, this does not mean buy immediately, but it does mean we need to monitor the price action for the next month or so. Any confirmation of a breakout whether that be a backtest or a pump may indicate that the bottom is in.
Price target for next ETH bull-run is $7,000 - $12,000+.
Don't believe me? That's okay, who buys crypto going into a telegraphed recession anyways?
This post is for clout so I can flex on my friends two years down the line at the top of the bull cycle 😁
All the best,
dysonring2050
ETH/USD LONGHi everyone!
Hope you all are having a great trading week. Posting a trade from 2 days ago for ETH.
We were reaching a supply level of $1360 by the end of NY session and considered LONGS for beginning of Asian session and further.
ETH first grabbed liquidity below $1360 levels and then created a Break of Structure pattern by tapping $1400 level, retracing after to our point of interest at $1370.
Trade entered at $1372 with a RR of 8.5 to 1. Stops were placed safely below last point of demand and our target was highs of previous NY session at $1530.
Total time in a trade 21 hrs, TP triggered at $1530.
Please follow to stay up to date with our trade ideas!
Cheers,
Cryptonyx Capital
ETHERIUM 4HOURLY NEAR FUTURE ANALYSISTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and Long Term).
We have 1 Uptrend in green color (Internal Trend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
ETH to $70,000 (£56,834) by 2030- ETH isn't going anywhere, QNT, XDC and many other amazing projects are built on the ETH network.
- ETH is massively involved with this new world agenda along with BTC.
- I personally own 0 ETH because I hold QNT which will do much better than ETH long term, but they are both winners.
- In the 2017/2018 BULLRUN ETH hit the 89 FIB extension, so the 55 FIB extension will be easily achievable, also remember we will have utility bull-runs now as big banks and institutions are ready pump up crypto, however we need regulations first and all the shit coins need to go.
- NOT FINANCIAL ADVICE.