Riding the Bullish Wave: Ethereumhello guys...
For my financial analysis, I have chosen to focus on Ethereum. In my opinion, the main trend for this cryptocurrency is bullish. I have noticed that Ethereum has had a few significant price fluctuations in the past, and it has fallen below a certain range three times before rising again to new heights. I have also observed that it confirmed a "QM pattern" which indicates a continuation of the pattern.
Based on my analysis, I see two potential scenarios for taking a long position in Ethereum. The first scenario is to enter the market at the current market price, while the second is to wait for the second level touch.
Overall, I believe that Ethereum may be a good investment opportunity for those looking to invest in cryptocurrency. However, I would advise conducting thorough research and analysis before making any investment decisions.
Ethreum
Ethereum -> The Support Will HoldHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Ethereum retested once again a very strong previous weekly resistance area and is currently again rejecting this zone towards the downside.
However also just recently we had a bullish ema crossover and are now starting to create weekly bullish market structure, so I am now just waiting for a retest of the previous weekly support zone and then the next impulse towards the upside.
On the daily timeframe market structure is currently bearish, so everything is pointing towards another retest of the $1500 area from which I then also do expect the next daily rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
ETH Buy TradeHere is My Study On Etherium. NExt Month Coming Shanghai Update. It Brings Abit Fomo an We can Touch 2000.
This analysis is for informational purposes only and should not be considered financial or investment advice. The information presented in this analysis is based on my own research and is subject to change without notice. The analysis is not a recommendation to buy or sell any specific cryptocurrency, Forex And Stocks. Please conduct your own research and consult with a financial advisor before making any investment decisions."
ETHRIUM has Enogh With DownTrendHere is My Study on ETH Against Btc.
This analysis is for informational purposes only and should not be considered financial or investment advice. The information presented in this analysis is based on my own research and is subject to change without notice. The analysis is not a recommendation to buy or sell any specific cryptocurrency, Forex or Stocks. Please conduct your own research and consult with a financial advisor before making any investment decisions."
Shanghai upgrade: to the moon or not?Ethereum is an amazing project: the team's ability to stay on the road map and stick to the original plans has always been impressive. Even this one thing makes you stay bullish on $ETH in the long run. Earlier we posted idea about the Shanghai upgrade and we predicted local growth until March. Now let's check things out in a current situation
First of all, we should understand that long-term theses are only good in a bull market, or when most participants are also thinking in the long term. That's why we shouldn't expect a crazy rise right after the Shanghai upgrade.
The Shanghai Upgrade is scheduled to be implemented on the Sepolia test network on February 28, 2023 . Tentatively Shanghai should be released on mainnet a few months after Sepolia (July-August)
Let’s remember that the main feature of the Shanghai Upgrade for the user will be the ability to output steak ETH.
Here’s some statements why you shouldn’t wait for ‘to the moon’ right after the upgrade:
Some of the users who have entered at the price of ETH below the current one may want to take profit
Some of the users who have entered at the prices equal to the current one, may want to secure their positions and fix the token stack they have forged
Some users who have entered at the prices higher than the current one may want to take their losses back
Thanks for reading, share your point of view about ETH and stay with us!
Ethereum's next moveHello guys...
ETH makes a double ascending parallel channel and had been hunted the last higher high, forming a three-drive pattern.
it broke down three-drive patterns and from my point of view, it is going to touch the bottom line of the channel.
before my opinion, do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comments.
ETH - Same trend as beforeCOINBASE:ETHUSD
4h time frame
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ETH did break out the ascending channel we mentioned before.
We can notice a similar trend in Nov 2022, which reached ~1070.
I think we shouldn't go back to the box if this is a healthy correction, the ceiling of box is 1355, which has strong support.
BTC Versus ETH Total Value LockedThe TVL or "Total Value Locked" indicator is great
It is the total value locked in the DeFi staking protocols and represents the amount of assets deposited by the liquidity providers
Despite the almost recent Change of Direction for ETH, it is still WAY behind the King of the Pack
The Real problem we have with ETH now though is the ability for a Corporation to continue to buy ETH in such quanaties as to have a "majority share", as we currently see with LIDO
What is Lido
Liquid staking project Lido beat major crypto exchanges Coinbase, Kraken, and Binance as the biggest staking pool for Ethereum in 2022.
Bitcoin, However - PURE AS THE DRIVEN SNOW
BUY BITCOIN
The EMA colour codes are
light Blue -20
Red - 50
darker BLue 100
Yellow 200
Could ETH be about to suffer a rejection ?? THATS the purpose of this post.....Watch this..It is very telling about Price direction
ETH/BTC - UP, DOWN, MOONI think ETH in pair with BTC will correct a little bit more and will move up in next few days. After finishing correction I would like to see some reaction on the support marked on the picture and ater some period of accumulation huge move towards upward band of the channel what would mean we will do wave V, the last one in this bull market.