ETHUSD. Will the price break through the key level?Hi subscribers!
The price of Ethereum was in the triangle pattern.
Today, it has come out of the boundaries of its triangle and price growth has resumed.
The price will reach a key level.
Good luck to you.
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This idea does not provide the financial advice.
Ethusdidea
ETHUSDt Analysis (i tend more for short)Hello friends.
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Everything on the chart.
I expect the price will continue to fall.
we are in a downtrend on pullback i would open a short if we fix above 205 the scenario wouldnt be relevant
zone for opening short-position: 196-202
main target zone 160-150,
i would recommend fix ur profit in parts(first target ~170$). After first target will reached move ur stop to breakeven
if we don't get to our the short zone, also you can open a short-position on break through local support(bottom red line)
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It's not financial advice.
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ETH/USD LONG SET UP ON PULLBACKEthereum (ETH/USD) traded sideways during today’s North American session as the pair continued to trade around the 208.00 level after trading as low as the 205.28 area early in the North American session. Some Stops were elected below the 206.29 area during the move lower, an area that represents a downside price objective related to selling pressure that emerged around the 253.01 area in early March. During today’s Asian session, the pair traded as high as the 219.48 level after Stops were elected above the 217.87 area, a level that represents the 61.8% retracement of the depreciation from 227.50 to 202.30. The 208.25 level represents the 23.6% retracement of this range, and chartist are curious to see if this level becomes technical resistance for ETH/USD. These trading patterns underscore the current technical nature of the price activity of ETH/USD following the recent relative high around the 227.50 level.
Stops were elected last week around multiple important technical levels, including the 213.05, 206.29, 199.16, and 198.09 levels. Above current price activity, traders will pay very close attention to the 232.88 and 242.09 areas, additional upside price objectives related to the 90.00 level, with Stops likely to be decent above the 232.88 area. When ETH/USD comes off, traders will pay close attention to levels including the 197.16, 187.79, 178.42, and 166.82 levels. Chartists are observing that the 50-bar MA (4-hourly) bullishly continues to indicate above the 100-bar MA (4-hourly) and 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) bearishly crossed below the 100-bar MA (hourly), and continues to indicate above the 200-bar MA (hourly).
Price activity is nearest the 50-bar MA (4-hourly) at 202.37 and the 50-bar MA (Hourly) at 211.57.
Technical Support is expected around 199.27/ 196.54/ 193.00 with Stops expected below.
Technical Resistance is expected around 227.50/ 232.88/ 242.09 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.
ETHUSD Technical and Fundamental AnalysisBefore I start, I would like to welcome y'all to support by liking and following my page if you like what you see here : )
So far I have really enjoyed the experience here with the wonderful trading community, it is great to see the unbounded sharing of ideas by our fellow traders, so I thought of giving back as well.
Here are my two cents on ETHUSD:
H1 Timeframe shows a pretty obvious descending wedge, a (1) bullish flag with (2) Twice the formation of a bearish double top within the wedge, multiple times where it has touched the descending resistance line
Both times the formation of the double top has lead to a sell off to touch a major support level @ 198, thereby VALIDATING 198 AS A STRONG SUPPORT.
Technical indicators (1) MACD shows a greenish potential crossover to the positive side (2) Stoachastics show a 62 point, near the 80 buy zone
Short Term Opportunities to watch for:
- BREAKING OUT OF 209 would mean a retest of the nearest resistance level @ 212 and beyond that, targets for a BUY opportunity at TP1 @ 219 AND TP2 @ 226
- A SHARP REJECTION from the 208 descending resistance line would mean a SHORT opportunity to strong support line @ 198, breaking below this would bring us to the next 2 support lines @ 193 and @ 189
Long Term Fundamental Analysis:
Honestly I doubt ETHUSD could drop below 193 support which has been consistently validated from 25-29 April 2020. The long term outlook is currently BULLISH, with ETH 2.0 due for release in JULY 2020, which transits the current Proof of Work ethereum to a Proof-of-Stake Mechanism. This is very important to note, as instead of competing against each other to solve puzzles, users who accrue the most wealth, or stake, will be in charge of validating transactions in 2.0.
This definitely leads to a supply shock as users accrue ETH, possibly leading to a lock up of 30% of circulating ETH --> BUYING PRESSURE
Next, given a recent uptick in the number of addresses holding 32 ETH — the precise amount required for validators to stake in ETH 2.0 — demand, it seems, is already mounting. According to market intelligence firm Glassnode, there are currently over 116,351 Ethereum addresses containing 32 ETH or more — a figure up over 14% from last year.
My prediction: Price spike of ETHUSD is already partially priced in, with quite a number accumulating ETH for the staking in 2.0 release. The current ETH price flunctuations are likely short term position holders looking for quick buy and sell opportunities, with the majority holding for long. Once reaching the BTC sell-off post halving, some of the BTC holders may partially close LONG positions on BTC, taking profits, then putting more weight into ETH as the attention shifts to Ethereum 2.0 update. (Personally, I would only account maybe 30% ETH 70% BTC of my positions as I don't see ETH outperforming BTC in the long term, at least not by end 2020.)
Thank you for reading my two cents, feel free to comment your thoughts and feedback below!
Regards,
GolDRoger, a humble beginner trader
ETHUSDt Locally Signal (LONG)Hello friends.
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Everything on the chart.
in the previous idea, my stop loss was shaved
since I’m still waiting in the coming days for the BTC to move upward, the ether must also fulfill the targets above, so I’m for long-position. If you trade with leverage do not take very large,it's dangerous
open pos: 198-203
stop: 192-194 (depending of ur risk)
target zone: first target 225 - 242 - 252 (after first target will reached move ur stop-loss to breakeven)
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Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Also open to your suggestions.
Ethereum hitting Resistance with Bearish Signal | ETHUSDEthereum is trading inside an ascending channel for more than a month but there is a main downtrend and this will act as resistance now and there is a main Horizontal Resistance area of 192-200$ and price is near a Pivot Resistance.
So, we can say Ethereum is trading in a very strong Resistance area so a minor correction must occur in this level. RSI bearish Divergence on the Daily and H4 candle signals that the continuation of the uptrend is weakening and we can initiate a short position here.
The downfall target is 175$
ETH/USD - bear wedge ETH/USD - bear wedge
If you're not short, you're definitely not buying.
Under a strong level of $200, this round number gives the Force at least twice) Around this level it is better to look for a point in shorts.
A bear clay with a diversion on RSI.
On a 1-hour timeframe only confirmation of position shorts.
EMA 50 deployed. First target is an EMA 200 at $188.
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ETH|USD - TRADE SET UPS/OVERVIEWPrice activity is nearest the 50-bar MA (4-hourly) at 162.37 and the 50-bar MA (Hourly) at 173.28.
Technical Support is expected around 153.22/ 149.31/ 146.77 with Stops expected below.
Technical Resistance is expected around 185.38/ 196.54/ 206.29 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.
Ethereum (ETH/USD) gave back some gains in today’s North American session as the pair peaked around the 185.38 area. Stops were reached above the 177.39 area, a downside price objective related to selling pressure that emerged around the 252.99 area in March, and this represents ETH/USD’s strongest showing since then. Additional Stops were elected above the 184.01 area, an upside price objective related to buying pressure that originated around the 90.00 area, and intensified around the 148.08 area. Some buying pressure emerged around the 170.04 area during a pullback in Thursday’s North American session and yesterday’s Asian session, a level that represents the 76.4% retracement of the depreciation from 176.82 to 148.08. Below current price activity, traders will be curious to see how price activity will react around the 154.57 and 149.31 levels, representing the 61.8% and 76.4% retracements of the appreciation from 140.81 to 176.82. Another important range that traders are monitoring is the appreciation from 123.82 to 176.72, with the 150.27 level representing the 50% retracement and the 144.00 level representing the 61.8% retracement.
Another very important level that traders are watching is the 159.62 level, an upside price objective related to buying pressure that emerged around the 90.00 level in March. If the pair is able to resume its upward trajectory above current price activity, additional upside price objectives include the 196.54 and 206.29 levels. Below current price activity, downside price objectives include the 144.00, 140.81, and 136.25 levels. Chartists are observing that the 50-bar MA (4-hourly) bullishly continues to indicate above the 100-bar MA (4-hourly) and 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) bullishly continues to indicate above the 100-bar MA (hourly) and 200-bar MA (hourly).
ETH/USD LONG SET UP TO $196Title :ETH/USD BUY LIMIT ORDER
Asset : Crypto
Symbol : ETH/USD
Type : Limit Order
Time Frame : 2hr
Entry Price 1 : $153.86
Entry Price 2 : $148.46
Stop Loss : $143.86
Take Profit 1: $164.86
Take Profit 2 : $174.46
Take Profit 3: $186.86
Take Profit 4: $196.46
Technical Support is expected around 153.22/ 149.31/ 146.77 with Stops expected below.
Technical Resistance is expected around 176.82/ 177.39/ 196.54 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 Bullishly above SlowD while MACD is Bullishly above MACDAverage.
ETH/USD LONG SET UP TO RETEST $176.00Title :ETH/USD BUY LIMIT ORDER
Asset : Crypto Symbol : ETH/USD
Type : Limit Order Time Frame : 4hr
Entry Price 1 : $148.86 Entry Price 2 : $144.48
Stop Loss : $139.48
Take Profit 1: $153.86 TP 2: $158.46
TP3: $163.86 TP.4 $176.48
Price activity is nearest the 50-bar MA (4-hourly) at 159.57 and the 100-bar MA (Hourly) at 163.28.
Technical Support is expected around 153.22/ 149.31/ 146.77 with Stops expected below.
Technical Resistance is expected around 164.56/ 167.45/ 176.82 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.
ETH/USD SHOULDER HEAD SHOULDER SET UP buying pressure emerged today right around the 156.54 level, representing the 38.2% retracement of the appreciation from 123.72 to 176.82. If the pair is able to resume its upward trajectory above current price activity, additional upside price objectives include the 186.60 and 198.05 areas. Below current price activity, downside price objectives include the 154.57, 150.27, 149.31, and 144.00 levels. Chartists are observing that the 50-bar MA (4-hourly) bullishly remains above the 200-bar MA (4-hourly), and that the 50-bar MA (hourly) is bearishly converging with the 100-bar MA (hourly).
Price activity is nearest the 50-bar MA (4-hourly) at 155.65 and the 100-bar MA (Hourly) at 167.94.
Technical Support is expected around 156.77/ 153.22/ 149.31 with Stops expected below.
Technical Resistance is expected around 177.39/ 196.54/ 206.29 with Stops expected above.
On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.
ETHEREUM / U.S. DOLLAR (ETHUSD) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
ETHEREUM / U.S. DOLLAR (ETHUSD) WeeklyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
ETHEREUM / U.S. DOLLAR (ETHUSD) MonthlyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
ETHUSD technicaly based forecast
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💡 ETHUSD technicaly based idea, technicaly indicators showing we can expect higher push up in price, we can see strong bulish candels formed, technicaly picture good, expecting to see push in price till FIBO 0.6
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