Ethusdtlong
Ethereum Linear Regression DailyWith a strong R value of 0.85, this is a strong linear regression trend
I find 2200 a nice entry point, just above the middle of the regression trend (for traders)
Ethereum price looks very healthy, with a wick extending to the top of the Gaussian Channel
Weekly ETH looks just as good
Digital Diamonds !
ETH LONG 13%+ GAIN IDEA / BUY THE DIP?If we lose and close below yesterdays vwap + vpoc area (2384-2362$) on 4H... im expecting a retracement at 2170-2138$ area. If not and we hold this area between (2384-2362$) it's more likely for pushing more up and testing new all time highs.
Buy limit: 2170-2150$
Stop loss: 2094$
Take profit target-1: 2303$
Take profit target-2: 2450$
ETH-USDT Bullish Pennant on the 4 hr: Breakout ImminentEthereum is the future. If you are not in yet then hear me now... GET INTO ETHEREUM. Heavily. I firmly believe 40-60 percent of your cryptocurrency portfolio should be in ethereum alone. Now onward to the analaysis...
I made this chart cleaner and easier to read than normal. It's a classic bull pennant, with massive upside potential. If we use the previous rise's trajectory, then we land on april 14th for our peak of $2500-2600.
HOWEVER, I also acknowledge that Eth and cryptos as a whole have been consistently gaining and are very high up there on the other indicators (MACD, RSI, etc). With that being said... If you buy in now or buy in on the next dip.. set your stop loss just below the right tip of the pennant if you are on to play it super tight... or set your stop loss right below where the bottom line of the pennant connects to the pole if you want to play it more loose. In the long term, ETH will be worth 10-25x what it is right now. So if you are NOT on margin or leverage of any sort, then DO NOT SET A STOP LOSS for ETH. Only set SLs if you have someone else's money involved in your play. If you are a spot trader only, then this play WILL come to fruition, the only thing we do not know for sure is how long it will take and how severe any corrections along the way will be.
Happy hunting!