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Ethanalysis

ETH-6h. Buyers are ready to test $ 800-840.BTC's local weakness, after setting a new historical high, gave ETH buyers a chance to come out of the shadows. On December 27, during the two hours of active sales of BTC at highs showed that many people want to keep the price of BTC. During the stoppage of growth in the BTC market, ETH buyers raised the price by 10% in 3 hours. The initiative of buyers continues to remain with buyers. This is how our global idea ends . Buyers managed to go beyond the wedge. The local critical point for continued growth to the $800-840 range is the $700 mark . Below it, sellers will return ETH to the consolidation wedge and try to test the $620-630 range . Therefore, we expect the result of the fight for the $700 mark to enter the risk-free entry into the position. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
1
ETH Levels Moving Into the New Year ETH/USDT | Q1 & Q2 2021 ETH/USDT Technical Analysis Moving Into The New Year... I'd like to see a breakout of this current level of resistance followed by a test as support (which would confirm a buy signal). Watching these levels, I think it's important we don't overtrade during a time like this, instead, we let time work for us. As long as we can hold above $515, I will remain bullish as I still believe there is much more to come once BTC gets truly exhausted and alt-season actually kicks into gear. DCJ | Steve Jobs of TradingView
Long
by DotcomJack
3
ETH-4h. Be careful in the $550-560 range!The hype around Ethereum 2.0. was able to significantly raise the price of ETH. However, buyers failed to break the $600-620 range. The last attack of buyers was on low volumes . The critical point for continued growth is $550-560. Above $620, buyers will once again be able to dream of a $840. _______________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
2
ETH - Initial Targets are $ 666, $ 718, $ 784Note these targets has concluded by using the Fibonacci Expansion. With the end of the 4th major wave in the range of $ 80.96, the upward trend has started in the 5th wave, which is also the reason is the price increase to the 363.29 range with 5 ascending waves. In Wave 2, we faced a very deep corrective movement, which is a very important point. With the end of Wave 2 in the range of $ 89.80, a strong uptrend began in Wave 3, which is still is going ahead. Based on the wave count, the price is in the 5th wave from point 3. ( Daily Chart ) On the 240-minute chart and by examining the details of the sub-waves, there is a scenario that the 4th wave from the 3rd point is over in the range of $ 313.42. The first wave in 5 wave : is Leading Diagonal pattern The second wave in 5 wave : is short Double Zigzag pattern The third wave and the ambiguity point: I was able to count this wave in two ways: In the first wave count, which is displayed in green color, the iii wave is over and we have had a deep correction in iv wave, and then we have to wait for the price increase for the specified targets. In the second-wave count, which is displayed in gray color: “iii “ Wave is not over and the price is still in iii wave where the uptrend targets can only be specified for the “iii “ wave. In both scenarios are bullish, and in the most optimistic case, it could be as high as $ 1,000 to $ 1,200 before the Ethereum price enter the corrective phase. At the beginning of this post, I emphasized the depth of the corrective movement in 2 Wave (a wave counted and depicted in blue). According to Elliott wave's rules, if we have a deep correction in 2nd wave, the price encounters a short correction in the wave of 4, also the two patterns should not be the same. So, there is the possibility of forming a triangle pattern in the wave of 4. Which is a short pattern. Overall, the trend is certainly bullish, in this currency by monitoring the weekly logarithmic charts, the price will hit the level of $ 4,000 targets. As someone who has a great future for digital currencies, these prices are too low (this is just my opinion and it might be very different from yours)
KRAKEN:ETHUSDLong
by NirmataFX
ETH 1D "Double top" or annual high updates?The situation on the ETH chart slightly exceeded our expectations from the previous idea , rising to $478. Now, the prerequisites for a reversal pattern "Double top" are being formed on the chart. Firstly, we expect the price to descend to $395-402 by the end of November, and there the future trend will be decided. We remind that the release of the Ethereum2.0 zero block is expected on 1 December 2020. So, in the zone $395-402 , we will follow the behavior of the driving market players: - the price can sharply break down to the base zone the "Double top" around $320-335, - the price, on positive news, will be able to move up, above $480 to update local highs. Towards the end of the month, we will update the chart according to the current market situation. ____________________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
2
ETH 2.0 is close. Where the price should move to $450 or $340?This idea is an updated version of our previous idea , which we will take as a basis for the near future. It's nice that she got the mark: "Tradingview Editor's Choice" Yesterday 10/04/2020, the Ethereum 2.0 deposit contact was launched. The release of Ethereum2.0 zero block is expected on 1 December, 2020 - it was confirmed by Vitalik Buterin. In the last review, we wrote that the important zone is $417-425, sellers were able to keep it. Then the price lowered to the level $370. Now, such an important zone for ETH has lowered slightly and is located in the range $410-417. If the price cannot grow above $410-417 in the coming days, then the way to the level $340-343 will open . If the positive news background begins to work out, then the ETH price will fix above $417 , and from there will be opened the path to $450. _____________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
5
ETH. If buyers don't keep $363, they will see $274.Consolidation in ETH has extended a lot, which increases investors' tension. In previous ideas, we wrote about the mark $363, which served as the critical point for this coin. Buyers managed to break this point and update the local high. However, according to the volume of ETH price growth from 8 October, it seems that buyers are leaving the forces. When BTC showed, most likely manipulative, upward impulse, then ETH in response was satisfied with weak growth on low volumes. Such input information makes us think that the maximum that ETH is waiting for is the continuation of consolidation trend with an exit down to $274 and $251. Cancellation of this scenario in case the price fixes above $390. But first, buyers need to show that they ready to keep $363. ____________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
2
ETH.12h. Having kept $362, sellers will continue to fall to $250We continue our series of ideas dedicated to the target $250. The level $363 , which was support for a long time, has now become resistance . If in the coming days the Ether price does NOT fix above $362, then Ether will continue to fall to $250. In the previous idea, we said buyers had a chance to test $425. However, despite the great support of this coin from the DeFi projects, the price was unable to fix above $388. But our first global target has not changed. Alternative scenario . To reverse current situation, buyers need only to fix above $362. In this case, we will update the idea and consider the targrets from above in more detail. So far they have been set roughly. Like and subscribe to us to be aware of all the ideas updates.
Short
by P_S_trade
ETH. 12h. Will ETH be able to test $425 before the fall to $251Bitcoin has been pulling the blanket of dominance over itself well for the last week. In general, it was badly reflected on altcoins, they fell or fell very much in price. But not ETH. ETH is confidently kept above the level $360, which gives hope for another wave of growth. DeFi projects , which over the previous week were able to renew the historical high of locked funds(now $9.76 billion), have a great influence on Ethereum. While transactions in the DeFi space are directly dependent on Ethereum , it has good support in incomprehensible market situations. If Ethereum price can be raised and fixed above $388, then further growth will accelerate to $425 . We expect the fall from this mark. Also, if the Ethereum price does not rise above $388 or is now fixed below $360 , then the fall will accelerate. To summarize: Locally, Ether is kept and the chances for growth to $425 are quite real; Globally, however, Ether cannot avoid the fall to $251. ________________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
2
The advent of Double Top Pattern The advent of Double Top Pattern and the possibility of a downtrend formation with targets of $ 200 to $ 220 There are no doubt digital currencies, (Crypto Currencies) have a very good future. But it is important to take them as an investment (like stocks) think about going long at the bottom prices. In the case of Ethereum, according to Elliott waves in the daily chart, the price has reached from the range of $ 86 to the level of $ 488 with 5 ascending waves. And further, the downtrend line is broken, which indicates that the uptrend is beginning. As 5 descending waves have been completed, the price has entered the corrective phase of this uptrend, the first wave of which(wave A) has been completed in the range of 308.42. In wave B from point 2,there is the scenario that the Double Top pattern is formed in the range of $394.80. And the downtrend in the C wave has started from point 2 and for the targets of $ 200 to $ 220.To confirm this downtrend, the price needs to cross the range of $ 332. Besides, if the price crosses the range of 394.80 and then $ 446, we can be hopeful for the $ 800 target and the uptrend formation.
Long
by NirmataFX
ETH short-midterm price targetAs we can see, currently ETH price is in a descending triangle and it has the potential to go lower, the next price target for ETH is $255. There are many confluence at this level. Firstly, it is the base area that will become a strong support for ETH. Moreover, it is the 1.618 Fibonacci extension level, and lastly, this target will also be the end of the harmonic impulse wave which ends at 0.886 fib retracement. However, in the short term, ideally, the will be another 3 swings before the descending pattern breaks.
BYBIT:ETHUSD.PShort
by Felgenhauer
Ethereum Trading Plan on 2hr - Long for nowEthereum has become bullish on 2hr chart with price above the cloud and a potential retest of 369-375 zone quite likely, which is a thin resistance zone and if it successfully breaches it on a candle close, the stronger resistance zone of 392-400 will be tested. With Momentum, Ethereum will gain the escape velocity to break out into massive range area to see 475-500 zone. These are visually shown on chart. The near strong support area is 340-350 zone which could become a thin support if price ranges in this zone for long and if it breaks below (also Kumo zone for bear moves), a potential retest of strong support zone of 305-320. For now, its a long. Progress will be monitored.
Long
by TradeChartist
2