Ethusdlong
ETHEREUM LONGS 📉📉📉📉 From a weekly perspective on a long term basis i am LONG on ETHEREUMS as price is in a bullish market strucutre coming back to fill the w1 imbalance and rejects the bullish orderblock on the same timeframe, if price is not closing bearish below 2000 i will look only for LONGS right into w1 imbalance 3600 or ATH's. We are in EXTREME FEAR right now in the crypto market.
What do you think ? Comment below..
ETHUSD 29/1/2022 4HRUpdate:
we have seen continued downside momentum as discussed in my last analysis. I think we are beginning to get exhausted and possibly looking to reverse. firstly looking at this ascending triangle on the 4hr chart, we did see a bit of a fakeout to the upside before quickly breaking back down and hitting support. I am expecting to see another test of the support before finally pushing to the upside. might be a boring weekend filling out the range here or if we see a break to either direction it will be very volatile.
keep in mind this pattern is on the 4hr chart so to stay in this range till Monday is very likely. my big target is breaking above the green price target or thick red line. you can see we perfectly tested it as resistance on the way down and was a perfect entry for a short position. so my alert is set for that I would probably look to get in a long position around the support area allowing a tight SL incase we see further downside. I think an analysis of the DXY is necessary to try and see where price is likely to go.
ETHUSDT - Diamond Pattern!!ETHUSDT (4h Chart) Technical analysis
ETHUSDT (4h Chart) Currently trading at $2543
Buy level: Above $2560
Stop loss: Below $2289
Target 1: $2720
Target 2: $2925
Target 3: $3180
Target 4: $3400
Max Leverage 3x
Always keep Stop loss
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ETHUSD to go long..For More Daily Detailed Analysis, Go ahead and click on the follow button. Also please do ask any Questions should you have them,
ETHUSD has seen a recent bottoming action On our Lower timeframes. After zooming in on the market we can see a small Head and Shoulders formation Looming. Remember, We are not simply looking for a pattern. It is the meaning behind it that is important..
This often happens when price bottoms out and forms the basis of a move back up, allowing us to get long for profit.
If you move to higher Timeframes you can also see clear price rejection, adding to our long Bias.
Look to exit at the eclipse symbol area.
ETHUSD longer term..We previously looked at ETHUSD long and took our first set of gains.
We also Predicted slight room to fall at which we saw price rejection. We can now use this as information on what will happen next, because the markets have memory.
Longer candlewicks indicate price rejection. This gives us impetus to the opposing side of where the market just went, in this case short to long.
We can look for an eventual exit at the eclipse symbol area.
ETH 2017 vs 2021/22 PatternsDuring the 2017 run up to the early 2018 blow off top, ETH had two “crashes” of -69% and -47%, before proceeding to do another 600% pump over a ~110 day period. During the recent cycle, we have experienced two “crashes” of -62% and -54% - if the same fractal / pattern plays out, $16,000 USD ETH can be on table by Q2 2022.
ETH/USD EVERYTHING MARKED DOWN, EVERYTHING MUST GO! Bag Time^My 'hardwood area" price range is where I approximate the bulk of the institutional support to be for my precious falling ETH....It is looking like if the trigger is to be pulled, we may be coming up on the time to get in the proper stance and take aim. I would hate to see Ethereum fall through that beautiful wooden floor, but I think if we get there then there may be one more support area just above $1200?!?! Am I really talking about $1200 in a thread analyzing Ethereum in January 2022?! Well my friends...let the test for the leader in stable blockchains begin. Will you pioneer this young but potentially groundbreaking change in the worlds financial system as one of the leading blockchains? Or am I looking at a smaller, much quicker AOL (to compare it to it's lucrative predecessor, the dot com bubble). Will other blockchains like Cardano, Solana or Fantom gain traction, combine low energy and the scalability that Polygon offers #BUYMATIC to surpass the original bloackchain king? I guess I just typed out the question that is on everyone's minds anyway huh? Well I hope there are some expert traders out there that want to take a young trader (been trading for about a year) under their wing, or just offer some feedback on my approx future price movement guess for the next 3 months or so....Thank you guys, and I appreciate all the help that anyone can give. I have never tried to absorb so much information in my life, so there is a very good chance I may be missing several things...best of luck trading guys, let's get some of all of this money, huh?!?!
ETHUSD with ROOM.For more Daily Detailed analysis, go ahead and click on the follow button. If you have any questions, please do ask them!
Here we have our falling ETHUSD chart.
Remember we ideally want to price in the room left to fall and get long where and when appropriate. When market sentiment is strong prices can move fast and hard. We therefore want to see key Support Areas hit and low prices before we begin to enter the market.
We can see previous price action levels amongst Zones.
Look for first exit at the eclipse symbol area.
ETHUSD RE longFor More Daily Detailed Analysis, Don't forget to go ahead and click on the follow button. Also, if you have any questions, please do ask them..
We looked long Twice already on our ETHUSD chart and enjoyed our targets being hit. We are now looking for a further long setup On improved market sentiment and the Flow of the market Technically...
After the Large fall Seen recently, What we really like to do is zoom in. Be accurate. Look for technical areas like price action.. Key MA's as seen above. We are now looking at the next comfortable support zone..
Get long on a small drop further down and Look for your exit at the Eclipse symbol area.
ETHUSD to Rise..For more Daily Detailed Analysis, Go ahead and click on the follow button. Also if you have any questions, please do ask them!
Amongst the HARD and Fast fall experienced across the markets we have room for a long on our ETHUSD chart.
Tech Sell Off's + Inflation fears combined caused a rapid drop in cryptocurrencies.
On these low prices we are looking to get long as we hit comfortable support and see some price action around the 2775 area.
Look to exit at the eclipse symbol zone.
ETHUSD to RE LONGFor More Daily Detailed Analysis, Don't forget to go ahead and click on the follow button. Also, if you have any questions, please do ask them..
We looked Long on our ETHUSD charts. On this current fall back we are RE approaching 'market memory' Areas.
This means we have a better chance of profiting on our longs. If you are looking at longer term timeframes you can see this too. Rejection at the current zone is also adding to our long bias.
Look to exit a little higher at the eclipse symbol.
Ethereum- 2600 is my target for this correctionIn my yesterday's comment I said that under 2.4k, Ethereum can be a good buy for traders that wants to speculate on a correction.
After 2 dips under this figure, EthUsd has recovered nicely and has made a series of higher lows and the low TF chart shows an ascending triangle pattern.
The crypto is trading now in the resistance of this pattern and a break up can occur.
My target for this correction (Yes, so far is just correction) is 2.6k with negation under 2.3
Best of luck!
Mihai Iacob
$ETHUSDEthereum Coin Price & Market Data
Ethereum price today is $2,460.16 with a 24-hour trading volume of $27,390,529,371. ETH price is down -5.7% in the last 24 hours. It has a circulating supply of 120 Million ETH coins and a total supply of ∞. If you are looking to buy or sell Ethereum, FTX.US is currently the most active exchange.
What is Ethereum?
Ethereum is a global, open-source platform for decentralized applications. In other words, the vision is to create a world computer that anyone can build applications in a decentralized manner; while all states and data are distributed and publicly accessible. Ethereum supports smart contracts in which developers can write code in order to program digital value. Examples of decentralized apps (dapps) that are built on Ethereum includes token, non-fungible tokens, decentralized finance apps, lending protocol, decentralized exchanges, and much more.
What is a Smart Contract?
A smart contract is a programmable contract that allows two counterparties to set conditions of a transaction without needing to trust another third party for the execution.
For example, if Alice wants to set up a trust fund to pay Bob $100 at the start of each month for the next 12 months, she can program a smart contract to:
Check the current date
At the start of each month, send Bob $100 automatically
Repeat until the fund in the smart contract is exhausted
Using a smart contract, Alice has bypassed the need to have a trusted third-party intermediary (lawyers, escrow agents etc) to send the trust fund to Bob and made the process transparent to all involved parties.
Smart contracts work on the “if this, then that” principle. Whenever a certain condition is fulfilled, the smart contract will carry out the operation as programmed.
What are the programming languages that are used to write smart contracts on Ethereum?
There are two popular programming languages that are typically used to write Ethereum smart contracts. The first one is called Solidity which has very close similarities to Javascript and C++. The other language is called Vyper which is relatively new that has very close similarities to Python.
Who created Ethereum?
Unlike bitcoin in which the creator who is known as Satoshi Nakamoto is unknown. The founding team of Ethereum are known individuals which includes Vitalik Buterin, Mihai Alisie, Anthony Di lorio, Charles Hoskinson, Amir Chetrit, Joseph Lubin, Gavin Wood, and Jeffrey Wilke. Not all the founding members are still with the Ethereum Foundation, as some has moved on to work on other projects. For example, Charles Hoskinson has moved on to work on Cardano, while Gavin Wood has moved on to work on Polkadot.
What is Ether?
While Ethereum refers to the blockchain network. The native currency that flows within the Ethereum economy is called Ether (ETH). Ether is typically used to pay for transaction fees called Gas, and it is the base currency of the network.
What is Gas?
On Ethereum, all transactions and smart contract executions require a small fee to be paid. This fee is called Gas. In technical terms, Gas refers to the unit of measure on the amount of computational effort required to execute an operation or a smart contract. The more complex the execution operation is, the more gas is required to fulfill that operation. Gas fees are paid entirely in ETH.
The price of gas can fluctuate from time to time depending on the network demand. If there are more people interacting on the Ethereum blockchain such as transacting in ETH or executing a smart contract operation, due to the limited amount of computing resources on the network, Gas price can increase. Conversely when the network is under utilized, the market price of gas would decrease.
What options are there to store Ether and ERC-20 tokens?
The 3 most popular Ethereum based wallets are Metamask, MyEtherWallet, and MyCrypto. However there are many other options available as well such as Argent, Trust Wallet, and Coinbase Wallet.
I heard that a new version is launching called Ethereum 2.0. What is that about?
Ethereum 2.0 is an upgrade that aims to solve the blockchain trilemma - security, scalability, and decentralization. In alternative smart contract platforms, they are designed to be highly scalable but compromises on decentralization. Whereas a highly secured and decentralized blockchain network would have the trade off being highly unscalable. Ethereum 2.0 brings a very different flavor of design that aims to addresses those issues by way of using Proof-of-Stake (POS), Beacon Chain, Sharding, and Execution Environment. Due to the complexity of the project, the developement will take place in 3 phases. A Proof-of-Stake Beacon Chain have been deployed and users are staking their ETH as a sign of confidence of the upcoming network. Research and development are still in progress to roll out the remaining phases.
💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3160.51).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 66.
Take Profits:
TP1= @ 3326.50
TP2= @ 3412.67
TP3= @ 3535.56
TP4= @ 3622.18
TP5= @ 3713.83
SL= Break below S2
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💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3160.51).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 66.
Take Profits:
TP1= @ 3326.50
TP2= @ 3412.67
TP3= @ 3535.56
TP4= @ 3622.18
TP5= @ 3713.83
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Ethereum- Higher low in place?Although it has broken under 3200 support, losses for Ethereum are limited and I don't "see" much sell power.
The crypto may have found a new low above 3k and a new leg of correction to come.
I'm cautiously bullish at this moment with more confirmation above 3200.
A daily close above 3200 could expose 3600 important resistance and 3400 is now interim resistance.
A drop under 3k would put bearish scenario back in play.
Best of luck!
Mihai Iacob
#ETH dips back as expected. Price nearly came to the support #ETH dips back as expected. Price nearly came to the support zone and pushed up. Well, still the momentum is bearish unless it breaks the resistance around $3200. Also, already mentioned it's HTF pullback, so expecting a new HH by the next week .
By @CryptoAXEN
ETHUSD long zoneFor more Daily Detailed Analysis, don't forget to click on the follow button after reading!
Here we have our Daily Chart for the ETHUSD. This trade can be held slightly longer term by Re buying.
We are looking long at low STOCHS+ some nice price action and rejection from the current area.
Looking long and to exit at the eclipse symbol area.