ETH is about to have a nice jumpEth is about to make a nice run towards the upside, our first price target is around $3323. I am also confident that this is going to start he next bull run as well. watch this space
Ethpriceprediction
ETH - CYPHER HARMONIC PATTERN?Hey guys, hope everyone is good. I have something new here, a HARMONIC PATTERN
Harmonic patterns involve more than just geometric shapes. They also follow strict "rules" measured by FIBONACCI LEVELS
There are several types of harmonic patterns including Gartley, Butterfly, Bat, Cypher, 3 Drives, Crab, and more.
This particular pattern is called the CYPHER PATTERN It is a REVERSAL PATTERN and usually occurs near strong trend reversals.
It's said that CYPHER PATTERNS have a higher success rate than any other HARMONIC PATTERNS but are rarely found on the charts.
The CYPHER PATTERN can be bullish, or bearish. The pattern in this chart is considered a bullish pattern. The buy order should be at point "D" with a stop loss below point "X"
As I mentioned above, There are "rules" (requirements) that need to be met in order for the CYPHER PATTERN to be considered VALID .
X-A > Line X-A is an IMPULSE LEG
A-B > Line A-B is a RETRACEMENT of line X-A. It MUST retrace to 0.382-0.618 (candle close)
B-C > Line B-C is another leg up. "C" MUST end up between the 1.272-1.414 FIBONACCI EXTENSION LEVEL of impulse leg (LINE X-A)
C-D > Line C-D is a RETRACEMENT of X to C. Line C-D MUST touch the 0.786 RETRACEMENT LEVEL
The chart shows a possible CYPHER PATTERN trade setup. Lines X-A, A-B, and B-C are all VALID, therefore IF line C-D touches the 0.786 RETRACEMENT OF X to C, we should have a high risk/reward trade setup.
For this to be considered a VALID HARMONIC PATTERN, all of the "rules" above MUST be met.
So far, the first 3 rules have been met. The only thing that is required now is for ETH to retrace to the 0.786 of X-C which is between $2200 - $2300
If the pattern CONFIRMS to be VALID, the TARGET is set at the 0.382 RETRACEMENT of X to C which is approximately $3700 (A potential gain of around $1500) Stop loss order just below "X" ($1690)
If ETH does NOT retrace to the 0.786 of X to C, The pattern is INVALID .
Because of the strict requirements for the CYPHER PATTERN and other HARMONIC PATTERNS, they do not occur as often as other chart patterns.
TO BE CLEAR, THIS IS A POSITION "NEUTRAL" CHART. IT IS AN ANALYSIS & TUTORIAL. ETHERIUM WOULD HAVE TO DROP TO $2230 FOR THIS IDEA TO BECOME VALID.
Just sharing some interesting things I've learned and can make use of. Hope you guys like this and find it interesting. If so check out my other Ideas. I'll leave my most recent BTCUSD chart link below.
Please LIKE, FOLLOW, SHARE, and COMMENT if you wish. Sometimes I'm busy but I do respond mostly.
*** THIS IS NOT INVESTMENT ADVICE This is just an idea and based off of my research and experience learning and trading cryptocurrencies. Always do your own research before trading or investing***
Ethereum is about to make a huge move to the upsideIn this trend analysis, I show that Ether is close to having a huge breakout with a price target of around $3783. I am expecting us to reach this target by the 3 of April
ETH - what's coming in the near future on 2D?The price has broken the main trend line in blue colour on 2D. The purple horizontal lines are liquidity levels - this is where the price always heads to. Keep this in mind.
The price has tested Ichimoku support (red colour line of the light green cloud) couple of times, but did not break it.
Currently the price is moving up either within an ascending wedge between black line and blue trend line OR is moving up within black coloured channel towards liquidity level and BB medium.
The indicators unfortunately are not showing much. Stoch RSI and MACD are only suggesting a prise rise, but are yet to provide a confirmation.
Price reversal - I see 3 potential points at this time:
1. At descending trend line in green colour.
2. At liquidity level around 4,010-4,030 USD.
3. At Ichimoku's cloud resistance that coincides with a dotted blue line.
In either case, price reversal should be confirmed by a daily candle which closes with a pin bar or bears engulfing pattern + a vertical volume should give us a long green candle on that day - then a price reversal and a drop to 3,195 USD becomes most likely!
I will update this ETH analysis as we go along.
ETH Potential in 2022Last cycle (2017/2018), ETH popped up just above the .423 extension. These are a couple of potential 2022 targets, though it could go far higher than expected. I prefer to err on the side of conservative caution.
ETH Price H1Here is my view for ETHUSD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Ethereum Mid-term price predictionWe are currently in the symmetrical triangle.
In the mid-term I'm expecting move to $2100- $2300 range.
I estimate the breakout from the triangle on February 2022(at least).
A SCENARIO WITH 3 POSSIBILITIES FOR ETH IN SEPTEMBER 2021A SCENARIO WITH 3 POSSIBILITIES FOR ETH IN SEPTEMBER AND OCTOBER
In our last analysis scenario on ETH which is published recently, we have considered the possible pull back of ETH from $3600-$3800 zone.
In this post, we will have a more detailed look at three possibilities on ETH movements these days.
There is a "Bearish Shark Pattern" formation on ETH 4H chart by reaching to $3600 which can have two possibilities:
Possibility 1: If the bulls can keep their rally, ETH can breakout the descending channel and face with the trend key resistance at $4000. If successful, then it can continue to hit new targets like $4200 and $4400.
Possibility 2: if ETH cannot breakout the descending channel, then faces with a downward pullback to the channel midline. This can be considered as formation of 5-0 bullish pattern which can result in successful breakout from the descending channel in upcoming weeks. This can be more possible as we also predicted in our recently published ETH analysis a possible pullback to accumulation zone.
Possibility 3: There is also a possibility of failure of ETH in successful pullback from accumulation zone, and expecting further corrections towards the support zone ($3100-$2900).
All these possibilities depend largely on high leveraged position at the major exchanges! Crypto market is highly affected these days by market-making strategies of major exchanges in dealing with high leveraged long and short position!
Our overall prediction for ETH in Q4 is bullish, however, September is always the month of unexpected market movements.
Have a profitable trade ahead.
THIS CAN BE THE LAST CHANCE TO BUY ETH BELOW $4K, BUT WHY?ETH has a very dense market movement these days and shows great resistance. Actually, if the leading exchanges don't manipulate the market and let the ETH HODLers and traders do their trade based on the analytics and logical measures, ETH can hit new records.
In-chain data of ETH based on IntotheBlock.com analysis are highly in favor of ETH. The successful implementation of London hard fork and its consequences in ETH supply flow and scalability, are all key fundamental points for ETH upcoming bullish rally.
In this analysis, we have take the pivot based approach into the consideration as today ETH is performing above its major pivot line in 4H timeframe and could have a successful breakout from Ichimoku cloud.
However, there is a dense resistance ahead at the $3350 to $3650 price levels, which we expect result in downward pullback and surf the price down to $3200 (and possibly $3000). If this occurred, we suggest don't get panic and drink a tea! ETH has a great support zone between $3000 and $2880.
This can be considered as a buying opportunity as we estimate this level will build a spin for accumulation.
September is critical month for ETH to retake its bullish trend, and breaking out the $4k resistance.
As ETH is always performing out of expectation (at least in most cases), it can start a quick surging rally to break all resistances ahead! Impossible is nothing ....
If this scenario goes well, ETH can show a profitable ROI for its investors in Q4 of 2021 and hit new ATHs.
Price levels and targets are marked by horizontal lines.
Have a profitable ETH trade ahead.
Incoming ETH Pump?We have a falling wedge on ethereum. Looks like we could see higher prices soon. We could dip before going up but I think that we could go straight up from here.
ETH Bearish Butterfly Looks like we might have a bearish butterfly playing out. If we bounce on this 0.886 FIB level than we should revisit 2k ETH.
ETH Bearish Parabola Broken (Pump Incoming?)We just broke the bearish parabola that kept driving the price down. Usually parabolas tend to retrace at least 50% or even up to 78.6%. There are different ways you can draw it in but I think that we could have a small pump incoming. But if we do get above key trendlines, we could see a massive reversal but a lot also depends on BTC. So watch that chart as well.
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!
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.
ETH PossibilitiesI am neutral right now because we need more information. I drew in different possibilities that I think are possible. If we never touch the trend line again then we would most likely dump down. If we do touch and break through, we have a chance of running up to the next resistance. Even though the target is around 2.8k, I think that we would get rejected at the trendline. We could have a reversal there or a slight pullback (use fib levels).
ETH coming up to resistanceLooks like we are running into resistance and also looks like we have a bearish divergence on the 1hr chart. I would not be surprised if we had a pullback here. We could possibly pull back to the .5 fib level creating a right shoulder for an inverse head & shoulders.
Ethereum possibilities short termI think that we could get a bounce here off of the falling wedge retest. We might break that trendline or get reject and come down to the black box. Seems like there is a lot of support there. If we break that, we will definitely test much lower levels.
Ethereum to 3k?Looks like we are creating the right shoulder for an inverse head & shoulders pattern. Will take us to 3k. Looks like bitcoin is recovering too and ready for a bounce.
Ethereum outlook 2021Welcome fellow Tradingviewers,
In this analyses we are going to show you our view on the current market situation for Ethereum. We were going to share a full video on the yearly analyses with you guys but our Mic broke down. We will try to educate you guys using a video as soon as we replaced our mic. (They will be placed here ) If you want to see how we got to this view, based on our previous analyses, you will be able to find them linked in this analyses. So this will be a more general analyses.
This analyses is going to be the second in a series of 7 where we try to give you an idea of what it is like to try and analyse a cryptocurrency for 12 months.
This analyses is based on the impressions we get from the chart and the cryptocurrency market in general.
For this analyses we will be using the 12M , 6M , 3M , 1M and 1W charts.
Every month for the next 12 months we will release our monthly market breakdown.
If you want to receive daily and weekly technical analyses you might want to check our website .
We will be analysing ETH using a top-down strategy, including candlestick patterns, indicators and price patterns .
Yearly:
The yearly candle is one of the most beautifull once we have seen in our trading career. After the 2K17 yearly candle we declined a bit to the lows of that bullish engulfing graph.
After that yearly candle we had the indecisive of 2019, which indicated indecisiveness from the bulls and the bears. the direction just wasn't clear. Well that all changed with this Yearly candle.
This Yearly candle almost obliterated the 2017 high and therefore the last Yearly resistance!
6 - Month:
The last six month candle seems to be confirming the view that we are getting on the Yearly graph. Within just 6 days we are already at the 0.618 Fib. retracement drawn from All time high!
3 - Month:
The 3 month or quarterly candle is more or less validating the signs that we are getting on the 1Y and 6M graph.
Monthly:
- We can clearly see that when we closed above the $300 Resistance that got the Ethereum party started!
- The last monthly candle closed as a bullish engulfing, indicating upwards momentum
- We are well above the 50MA indicating a confident bulltrend.
- The MACD crossed bullish way back and shows no sign of retracement.
- We are at the 0.786 fib.
Weekly:
- The last weekly candle was one of the biggest weekly closes we have had so far gaining ETH price over 42% indicating strong bullish pressure.
- The MACD is in strong bullish territory and does not yet show any signs of retracement.
- The volume keeps on increasing showing very bullish signs.
- We are well above all moving averages indicating more upwards momentum.
- We are at the 0.786 Fib.
(The weekly graph is the graph that is central in this analyses)
In summary:
To summarize things we first want to give you guys a heads up, we are now at the most dangerous and only dangerous point before breaking ATH. We are located at the 0.786, Fibonacci Retracement. Which is the last real explainable resistance before Ethereum is going to break all time high. The month has just started and we have already increased almost 60% which is amazing. But we do have to keep in mind that a signal is only confirmed upon the candle closure, so to be sure that Ethereums upside momentum is going to sustain we would like to see a weekly candle close above the 0.786 Fibonacci Level.
So for now the only way seems to be up, if we get a retracement we would love to buy prices like: $900 and $800!
The coming year will be good for Ethereum based on the Yearly candle closure, however Bullruns can be crazy times where people are starting to feel all kinds of different emotions.
try to keep your emotions under control and let the chart be your guidance. Only trade what you see and don't forget to take your profits!
This analyses is only intended to share my idea, to educate and entertain you guys.
This should not be considered as financial advice.
I hope you guys enjoyed this analyses, if you did don't forget to leave a Like !
If you want to share your thoughts, please do so in the comments below!
Kind Regards,
Frank | Forallcrypto
ETH/BTC is ready to go lower bearish head and shouldersETH/BTC is ready to go lower bearish head and shoulders
Ethereum Forecasting a Bullish trendEthereum has gone up against a scene of mix today as the gathered crypto markets continue trying to make sense of which heading they will move straight away, and it is especially conceivable that in the nearby term most major altcoins like ETH will eagerly pursue Bitcoin's worth action. Examiners are at present observing that Ethereum may a little while later achieve essential upwards power, yet this believability requires that its bulls bolster its cost going before its day by sunshine close later today.
Ethereum Surges Towards $180 as Bitcoin Consolidates. At the hour of making, Ethereum is trading down vaguely at its present expense of $177.80, which indicates a slight rising from its ordinary lows of $174 that were set medium-term. Ethereum is by and by trading on a very basic level off of its continuous highs of over $220 that were set in mid-September, regardless of the way that it is similarly fundamental to observe that it has recovered from its progressing lows of under $160 that were set all the while with Bitcoin's drop to $7,800.
News Source : TheCoinRepublic
Is ETH beacon of hope?
Ethereum is right now exchanging at the estimation of $172.47 and its worth is expanding by 0.91%. The market capitalization of the money is $18,707,468,198 and the 24-hour volume of the cash is $7,158,803,681. The flowing inventory of the money is 107,953,283 ETH and the ROI of the cash is 6,019.90%.
Recently has been intense for the money as it experienced a great deal of high points and low points in the market. The worth arrived at the low estimation of $167.00 at 21:00 UTC, nonetheless, the money recuperated the worth and accomplish the estimation of $169.56. Then again, the money likewise exchanged at the high estimation of $175.43 at 15:39 UTC yet it doesn’t remain there for long and esteem before long began diminishing and reach up to the $167. The money is consistently under bearish weight this week, it begins the week with the high estimation of $200 however the cash began exchanging under bearish weight.
News Source: TheCoinRepublic
