Ethusdlong
Ethereum (ETH) highly undervaluedThis chart image shows some historical data for Ethereum since her big breakout a little over a year ago. I have continued to believe that ETH will rise back up to my "Big Yellow Line" (the BYL) , eventually. When you have an overall positive trend within the 4H/daily resolution of a token, it will usually ride through ups and downs, and snap back to the trend eventually.
When a token drops far below that overall +trend --it's usually a very good indicator for anyone who wants a good jump on a long position.
♠️🤫🐿
Ethereum Update 6/4/22A conclusion can be drawn from the RSI that price is in a similar position as it was in 2017 (white circle)
This correlates with the bear market fibonacci circle which shows both periods of growth in the 2.618 fibonacci circle (2.618)
It also correlates with the 50MA, which is present in both scenarios
A big move is coming if the larger trendline drawn is now the dominant one
Ethereum Bullish Trend Continues StrongHello everyone, if you like the idea, you can support with a like and a follow.
My current trading setup for ETH.
I am keeping it simple for this trade, just riding the trend and looking the 12H and 1D candles, everything strong for now.
Using fibs from the last high to our new low.
Taking most of my profits on target 1(0.618) and the rest of them on target 2(0.786)
4H MA50 is a great support.
1H MA200 also great support.
Possible scenario for now is that we see a sideways action on the price on region that we are in until the MA catch up. Otherwise if we continue to 0.618 we can see a sideways action between the 0.5 and 0.618 levels.
BUT there is always a possibility that thinks go south, so be on alert if..
A break and a closure on 12H of the white trendline occurs.
A candle closes below 0.382.
12H MA50 breaks and candle closes below.
Also something to mention that it stinks a bit to me is the constant downtrend of the CIDI indicator while the price is in constant uptrend.
Don't forget to protect yourself with proper Risk Management.
Information provided is only educational and should not be used to take action in the market !
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post, have a great day !
ETHEREUM SHORTS 📉📉📉📉 Expecting bearish price action on ETH after price takes out buy side liquidity on the H1, this night we had the asian rollover meaning the whales pushed price to take out stops and then quickly reverse. We can clearly see now the price is forming higher lows and lower lows meaning the strucutre is bearish confirmed with bearish bos (break of strucuture)
What do you think ? Comment below..
ETHEREUM waiting for retracement to long 📉📉📉📉 As i said in the title i am bullish on ETH but not from this area, i will wait for a retracement into bullish orderblock h4 area somewere around 2900-3000$ institutional figure. If we take a closer look at the PA(price action) and market strucutre we can clearly see that the price shifted the bearish market struutre into bullish with a failure to make a swing lower somewhere around 2500. Right now we have a bullish BOS (break of structure) a retracement will be great from a technical standpoint to make a LONG entry on this trade.
What do you think ? Where we go from there ?
Comment below..
What ETHUSD's Monthly MACD Will Look LikeThis is the MACD pattern that we are looking for
this relates closely to my previous post regarding waves and eth, however that was a weekly chart
This MACD structure is extremely bullish
ETHUSD Analysis 25/3/22 DailyUpdate:
Looking at the daily timeframe here for eth, been a long while since I analysed but may as well say what im looking at here. so I can see a nice W pattern here. I would really like to see the wick get above the 3200 level before retesting the neckline of the W pattern but yes I think upside is coming, broke the previous daily high which is good looking to hold a bullish retest I.e. not drop under the 0.618 I want a strong bounce here.
once we hold bullish structure I would probably look for longs, if you want the safest trade then wait till we break 3400 and go for a bullish retest on the level, might be volatile so buy stop if price looks really bullish.
worst case we drop below the previous low then I will update on targets but from a daily view small retrace and continuation is what im hoping for here!!
ETH BullJust your normal bull market. Enjoy guys.
A quick bull run up to $5297 Eth
And then a retracement ( bottoming out ) to/at $2262 Eth
Take entry at your own accord. Not financial advice.
TP 1 : $4400
Enter again @ $3050-$3100
TP 2 : $5297 and wait for bearish divergence confirmation. A more aggressive TP 2/3 could be $6467
Enter again @ $4146
TP 3 : $4864
The End.
Let the market crash down from 25 August 2022 all the way to ---> 3 February 2023
As always be safe. Spend more time with your loved ones.
Ethereum at 50 EMAEthereum - Intraday - We look to Buy at 2984 (stop at 2914)
Daily signals are mildly bullish. Short term bias is bullish. 20 4hour EMA is at 2983. There is no clear indication that the upward move is coming to an end.
Our profit targets will be 3178 and 3238
Resistance: 3080 / 3200 / 3300
Support: 3000 / 2920 / 2880
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Ethereum Analysis March 2022 ETHUSDWhite trendline through the middle of both bull and bear cycle is dominant
using moving averages we can estimate where we are in the bull run
The red squares are similar formations, different places in time
Within the smaller square you can see the price brush against the 50MA
Within the larger square you can see the price brush against the 200MA
Using Fibonacci retracement we can see we are at 0.786 level which leaves one pump remaining until we top out for this cycle