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ETH/USD Rockets To 2-Year Highs Technical Analysis (09/01/2020)Technical Analysis 1 September 2020 Ethereum (ETH/USD) extended recent gains early in today’s North American session as the pair appreciated to the 473.53 area after trading as low as the 428.65 area during the Asian session. Stops were elected above the 474.59 area, an upside price objective that represents the 50% retracement of the historical depreciation from 828.97 to 80.60. Additional upside price objectives include the 487.55, 498.68, 516.03, 517.38, 531.80, and 543.09 areas. The pair’s ongoing upward momentum was confirmed yesterday when buying pressure emerged around the 418.79 area during a pullback, representing the 61.8% retracement of the historical depreciation from 627.83 to 80.60. Stops were elected below the 398.91, 397.08, 396.37, 392.67, 386.63, 384.29, and 382.47 areas during the pair’s recent depreciation from the 447.50 area, and traders are curious to see if these levels provide any technical support during pullbacks. The 396.69 area remains an important technical level, representing the 23.6% retracement of the historical depreciation from 1419.96 to 80.60. Following the pair’s recent appreciation, important technical levels include the 416.00, 409.64, 389.91, 383.02, 374.83, and 360.04 areas. Traders are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly). Price activity is nearest the 100-bar MA (4-hourly) at 407.83 and the 50-bar MA (Hourly) at 433.80. Technical Support is expected around 349.75/ 331.95/ 315.08 with Stops expected below. Technical Resistance is expected around 487.55/ 498.68/ 516.03 with Stops expected above. On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage. On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage. Yesterdays Technical Analysis 31 August 2020 ETH Ethereum (ETH/USD) added to recent gains early in today’s North American session as the pair appreciated to the 439.00 area after trading as low as the 418.16 area during the European session. Some Stops were elected above the 438.40 area during the ascent higher, representing the 78.6% retracement of the recent depreciation from 445.45 to 412.51. Traders had earlier pushed the pair as high as the 439.00 area during the Asian session before profit-taking knocked ETH/USD lower. Recently, bids emerged above the 377.44 area, representing a test of the 61.8% retracement of a recent appreciating range from 362.88 to 401.00. Stops were elected below the 398.91, 397.08, 396.37, 392.67, 386.63, 384.29, and 382.47 areas during the pair’s recent depreciation from the 447.50 area. Following the pair’s recent depreciation from the 447.50 level to the 379.53 area, traders are eyeing upside retracement levels around the 395.57, 405.49, 413.52, 421.54, and 431.46 areas. The 396.69 area remains an important technical level, representing the 23.6% retracement of the historical depreciation from 1419.96 to 80.60. Following the pair’s prior run-up, important technical levels include the 414.17, 396.12, 392.67, 383.53, 376.90, 363.13, and 358.75 areas. Recently, the pair has encountered buying pressure around the 23.6% retracement of the appreciating range from 268.39 to 415.00, and downside retracement levels in this appreciating range include the 373.89, 364.70, 355.50, 344.13, and 342.42 areas. Afte recently taking out the 445.45 level, one upside price objective is the 454.79 areas. Stops were recently elected above the 336.10, 337.33, 342.29, 350.44, 354.22, 366.48, and 369.26 areas during the move higher. Recently, bids emerged just above the 314.07 area, a level that represents the 50% retracement of the broad historical depreciation from the 547.54 to 80.60. A couple of interesting levels that traders will observe during retracements lower include the 301.20 and 301.40 areas, and they are related to buying pressure that emerged around the 241.62 and 319.86 areas. Likewise, the 312.82, 316.32, and 322.16 levels are areas with important technical significance. Chartists are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly). Price activity is nearest the 100-bar MA (4-hourly) at 406.75 and the 50-bar MA (Hourly) at 418.57. Technical Support is expected around 349.75/ 331.95/ 315.08 with Stops expected below. Technical Resistance is expected around 454.79/ 487.55/ 498.68 with Stops expected above. On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage. On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.
COINBASE:ETHUSD
by MavRich_Trading
3
ETH/USD Thwarted By 200-Hour Simple Moving AverageEthereum (ETH/USD) found a small bid early in today’s North American session as the pair appreciated to the 412.04 area after trading as low as the 393.75 area earlier in the Asian session. Stops were reached below the 401.57 area during the pair’s move lower, a relative low from earlier this week, with further Stops elected below the 398.91 and 397.08 areas. Buying pressure emerged above the 392.67 area, representing the 38.2% retracement of the recent appreciation from 215.16 to 447.50. Chartists are noting that the pair has recently been capped around or below the 100-bar simple moving average on 4-hourly charts. Following the pair’s recent depreciation from the 447.50 level to the 393.75 area, traders are eyeing upside retracement levels around the 413.05, 419.63, 426.20, 434.34, and 435.57 areas. The 396.69 area remains an important technical level, representing the 23.6% retracement of the historical depreciation from 1419.96 to 80.60. Following the pair’s recent run-up, important technical levels include the 414.17, 396.12, 392.67, 383.53, 376.90, 363.13, and 358.75 areas. Recently, the pair has encountered buying pressure around the 23.6% retracement of the appreciating range from 268.39 to 415.00. Downside retracement levels in this appreciating range include the 373.89, 364.70, 355.50, 344.13, and 342.42 areas. After recently taking out the 445.45 level, one upside price objective is the 454.79 areas. Stops were recently elected above the 336.10, 337.33, 342.29, 350.44, 354.22, 366.48, and 369.26 areas during the move higher. Recently, bids emerged just above the 314.07 area, a level that represents the 50% retracement of the broad historical depreciation from the 547.54 to 80.60. A couple of interesting levels that traders will observe during retracements lower include the 301.20 and 301.40 areas, and they are related to buying pressure that emerged around the 241.62 and 319.86 areas. Likewise, the 312.82, 316.32, and 322.16 levels are areas with important technical significance. Chartists are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly). Price activity is nearest the 100-bar MA (4-hourly) at 404.78 and the 50-bar MA (Hourly) at 413.54. Technical Support is expected around 349.75/ 331.95/ 315.08 with Stops expected below. Technical Resistance is expected around 454.79/ 487.55/ 498.68 with Stops expected above. On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage. On 60-minute chart, SlowK is Bearishy below SlowD while MACD is Bullishly above MACDAverage. Title :ETH/USD BUY LIMIT ORDER Asset : Crypto Symbol : ETH/USD Type : Limit Order Time Frame : 4hr Entry Price 1 : $331.00 Entry Price 2 : $306.00 Stop Loss : $296.00 Take Profit 1: $371.00 Take Profit 2 : $406.00 Take Profit 3: $451.00 Trail your stop loss Take profit 4 $487.00 Take profit 4 $506.00
COINBASE:ETHUSD
by MavRich_Trading
2
ETH/USD LONG SET UPEthereum (ETH/USD) was on the back foot early in today’s North American session as the pair weakened to the 382.00 area after trading as high as the 403.64 area during the Asian session. Traders observe that the pair has continued to derive technical support around the 50-bar simple moving average, and has recently encountered buying pressure around the 23.6% retracement of the appreciating range from 268.39 to 415.00. Downside retracement levels in this appreciating range include the 373.89, 364.70, 355.50, 344.13, and 342.42 areas. ETH/USD recently spiked to the 415.00 area, a test of the 418.79 level that represents the 61.8% retracement of the historical depreciation from 627.83 to 80.60. ETH/USD then quickly plunged to the 325.75 area, right around the 50-bar simple moving average on 4-hourly charts, and just above the 50% retracement of the recent appreciation from 229.77 to 415.00. Additional upside price objectives include the 425.31, 437.31, and 454.79 areas. Stops were recently elected above the 336.10, 337.33, 342.29, 350.44, 354.22, 366.48, and 369.26 areas during the move higher. Following the pair’s recent run-up, traders are observing retracement levels around the 373.47, 371.29, 367.84, 360.65, 358.70, 347.82, 344.24, 338.66, 338.30, 331.95, 329.55, 323.87, 322.39, and 315.08 levels. Last week, bids emerged just above the 314.07 area, a level that represents the 50% retracement of the broad historical depreciation from the 547.54 to 80.60. A couple of interesting levels that traders will observe during retracements lower include the 301.20 and 301.40 areas, and they are related to buying pressure that emerged around the 241.62 and 319.86 areas. Likewise, the 312.82, 316.32, and 322.16 levels are areas with important technical significance. Chartists are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly). Price activity is nearest the 50-bar MA (4-hourly) at 349.26 and the 50-bar MA (Hourly) at 384.90. Technical Support is expected around 305.98/ 293.26/ 281.92 with Stops expected below. Technical Resistance is expected around 425.31/ 437.31/ 454.79 with Stops expected above. On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage. On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.
BYBIT:ETHUSD.PLong
by MavRich_Trading
1
ETHUSDT Double Bottom Pattern hi to all traders according to the double bottom pattern and the symmetric growth parameter. i expect the pattern to be complete... and I expect the price to touch newer than before and continue to grow at the rate of the second triangle and then correct the price if you're agree hit the like bottom and follow my account. the information provided is not trading advice but an informative analysis of the price movement continue to grow at the rate of the second triangle and then correct the price
HITBTC:ETHUSDLong
by aminnima_908
8
ETH/USD LONG SET UP Technical Analysis July 28 Ethereum (ETH/USD) rebounded in today’s North American session as the pair appreciated to the 320.74 area after profit-taking pushed the pair lower to the 306.29 level, a test of the 305.98 area that represents the 38.2% retracement of the recent appreciating range from 260.10 to 334.34. Stops were triggered below the 312.46, 310.62, and 309.66 areas, retracement levels related to recent appreciating ranges from the 241.62, 223.85, and 229.77 areas. Traders were able to push the pair to a fresh 2020 high after Stops were triggered above the 328.56 area, a level related to buying pressure that emerged around the 90.00 area after the pair’s precipitous decline this year. Related areas of technical significance that traders will continue to observe include the 312.82, 316.32, and 322.16 areas. Additonal upside price objectives include the 336.10, 337.33, 342.29, 350.44, 354.22, 366.48, and 369.26 areas. A couple of interesting levels that traders will observe on retracements lower include the 301.20 and 301.40 areas, and they are related to buying pressure that emerged around the 241.62 and 319.86 areas. After crossing the psychologically-important 300.00 figure, technical support is now evident around the 309.66, 294.49, 282.06, and 269.72 levels. Title :ETH/USD BUY LIMIT ORDER Asset : Crypto Symbol : ETH/USD Type : Limit Order Time Frame : 4hr Entry Price 1 : $281.80 Entry Price 2 : $273.80 Stop Loss : $265.80 Take Profit 1: $302.00 Take Profit 2 : $322.00 Take Profit 3: $340.00 Trail your stop loss Take profit 4 $360.00 If the market fails to sustain its recent move above the 300 area, traders are waiting to see what will happen around areas of technical significance including the 281.81, 275.07, 267.19, 260.83, 254.46, and 246.58 levels. Stronger bids are likely in place around the 298.60, 285.45, 274.82, and 264.18 areas. Appreciating ranges that are technically significant include the move from 229.77 to 334.34, the move from 233.85 to 334.34, the move from 241.62 to 334.34, the move from 260.10 to 334.34, and the appreciation from 90.00 to 334.34. Important technical levels related to those ranges include the 276.68, 269.72, 254.45, and 241.00 areas, and traders are very interested to observe how price activity reacts around these levels. Chartists are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly). Price activity is nearest the 50-bar MA (4-hourly) at 280.91 and the 50-bar MA (Hourly) at 318.97. Technical Support is expected around 305.98/ 293.26/ 281.92 with Stops expected below. Technical Resistance is expected around 349.75/ 354.22/ 366.48 with Stops expected above. On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage. On 60-minute chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage.
BITMEX:ETHUSD.PLong
by MavRich_Trading
ETH/USD Trend Cycles Analysis - Smart Money WatchHello everyone, As I get use to setting up trading view, just be patient and any constructive advice is welcomed. As some exciting developments happened for ETH/USD. We will look how to prepare next. If you want to look at my previous article on the chart, check out the profile. What did I do: • Drew horizontal rays for resistances/supports • Drew Fibonacci Retracement line from December 6, 2018 (low) and on. • Drew vertical lines to establish long term trends • Date Range the vertical lines • Price ranged the trends in between the vertical lines Setting: December 6th, 2018 - June 19th, 2019 - Price increase: $281.90 - Uptrend: 202 days June 19th, 2019 - December 17th, 2019 - Price decrease: $247.70 - Downtrend: 174 days December 17th, 2019 - February 14th, 2020 - Price Increase: $172.71 - Uptrend: 59 days February 14th, 2020 - March 13th, 2020 - Price Decrease: $201.72 - Downtrend: 28 days March 13th, 2020 - July 26th, 2020 (Continuing) - Price increase so far: $220.97 - Uptrend so far: 134 days Idea: I thought this would be helpful to layout the long-term trend to give people a better idea of the journey. As history is the best thing to learn from. Seeing the trends would indicate maybe the momentum of the market and seeing who is driving. Bullish Idea: Since we broke $289, we have made a healthy climb until now. Our next target is $360, if we can get a healthy break that. It is time to find another resistance line. Bearish Idea: We lose steam or have a hard rejection at $360, if this were to happen. It would be interesting to see how far the price will be driven down and how long. Historically, they were to take a 200-250 downturn (about 65-70%). Conclusion: Breaking the kangaroo cycle. The only way to confirm this if our retracement were to land a healthy height over this current 597-day period of bouncing. We will not know this until this current uptrend is over. Once it is, it will be telling to see the sentiment of the market during the downtrend. To see if we have bounced out of it 😉. As always, have a great Sunday, enjoy yourself, family, friends and hobbies.
BITSTAMP:ETHUSD
by ReReckles
2