Etherium's Downtrend Looking Similar To Last Uptrend On 14 August Etherium started a downtrend like BTC and other altcoins. Different then others Etherium's graphic looks very similar to its last up run. Similar corrections and similar moves... In this scenario, Etherium can go down to 1000 again.
Important Fibonacci levels:
-2030
-1780
-1640
-1520
-1400
-1220
-1000
ETHBTC
Ethereum Analyze (Short term/Scenarios)!!!⏰Ethereum was able to move as I expected ✅👇
Ethereum passed the correction wave by double three corrections(WXY), and now I expect that Ethereum will go down at least until support zone (1), or if it breaks this zone, we can expect that it will close to support zone(2).
Ethereum Analyze ( ETHUSDT ), Timeframe 15min⏰.
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BITCOIN 1H TA: New S&R UpdateWell, in the previous analysis of the 12 -hour frame time, I pointed to the failure line failure, and I still adhere to the previous decline analysis, in the one -hour frame time I specified the support and resistance areas.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
ETH The Ethereum Merge | What Could Possibly Go Wrong?Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start liquidating their holdings.
MakerDAO (MKR) said that the Ethereum Merge could lead to perpetual contract backwardation and negative funding.
Backwardation and negative funding refer to a market situation where futures prices are lower than the expected spot prices.
The launch could trigger selling pressure across chains existing on proof-of-work.
Ethereum network’s security and performance could be negatively impacted by the upcoming upgrade.
If you haven`t sold ETH Ethereum here:
Then in my opinion the price target for it is $1160.
Looking forward to read your opinion about it.
BTC to 21k?Please 1st of all smash the boost🚀 button and follow me to support my work if you like it! It's absolutely for free.
After many failures ₿itcoin finally broke this red downtrendline (zoom out) which then it flipped to support a sent the price higher. Now BTC just breaking up the yellow triangle📐 and I think there is chance for run to 21200 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 20292
STOPLOSS (SL) : local low @ 19992
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 21200
REWARD RISK RATIO (RRR) : 3
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
ETHBTC Breaking above its 5 year Triangle? Full on Ethereum?This is the ETHBTC pair on the 1W time-frame where it's shown trading within its long-term trading pattern, a Triangle. On the August 08 1W candle it tested the top (Lower Highs trend-line) for the second time and after pulling back for two weeks, the current candle is again on the verge of hitting it. Can it break this time?
Well, the same Higher Highs formation has been previously seen another 4 times. Three of them started rallies (with the two extreme) and only one had the pair make a Lower Low that touched the bottom of the Triangle. Still, this is associated with general market rises and since this time the 1W MA100 (green trend-line) is in support, we can expect ETHBTC to break above the Triangle and have Ethereum gain over Bitcoin once again. If not, expect another Higher Lows test.
What do you think will happen?
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$ETHBTC: Ethereum peaked...short it.The pre merge enthusiasm caused a big rally in both the ratio and dollar charts, both charts just flashed a short signal in the daily chart with very tight stops and big reward to risk, with open ended downside if it keeps trending down after the 1st range target is hit here. I'm long $SPY vs a long $BITI position as a pair trade currently, but will also add an Ethereum short as well. (probably ok to do a naked short or own puts)
Best of luck!
Ivan Labrie.
Ethereum Analyze (Short term/Timeframe 15min)!!!⏰It seems that Ethereum can find the end of wave 5 near the important trend line and resistance zone.
I expect Ethereum to lose at least 3% of its value in the next hours.
Ethereum Analyze ( ETHUSDT ) Timeframe 15min⏰
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Ethereum at 61.8% fib?Ethereum
Intraday
We look to Sell at 1608 (stop at 1631)
Our short term bias remains negative. Selling continued from the 61.8% pullback level of 1607.04. There is scope for mild buying at the open but gains should be limited. We look for a temporary move higher. Preferred trade is to sell into rallies. Bearish divergence is expected to cap gains.
Our profit targets will be 1529 and 1501
Resistance: 1610 / 1700 / 1800
Support: 1529 / 1500 / 1450
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.
Jamie Gun2Head - Selling EthereumTrade Idea: Selling Ethereum
Reasoning: Price ran into a 61.8% fib level, bulls running out of momentum. Looking for selloff to be extended. Would ideally get in at a slightly higher level to help stop positioning
Entry Level: 1539
Take Profit Level: 1421
Stop Loss: 1576
Risk/Reward: 3.19:1
Disclaimer – Signal Centre. 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 all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of 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.
Ethereum still moving lower? Ethereum
Intraday
We look to Sell a break of 1519 (stop at 1561)
Our short term bias remains negative. A break of the recent low at 1520 should result in a further move lower. 1527 has been pivotal. We look for losses to be extended today.
Our profit targets will be 1421 and 1391
Resistance: 1600 / 1650 / 1700
Support: 1520 / 1440 / 1400
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.
ETHBTC Macro analysisETHBTC flat continuation pattern
Directional target towards 0.057
2D Macd has shown the shift in momentum with the negative cross over
Break below 0.068 will give bears more strength
3D macd could cross negative in the upcoming days/weeks. This will strengthen the bearish momentum.
Sen Crypto,
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE:-
The price of Ethereum fell sharply against the US dollar and Bitcoin yesterday. The short uptrend that started on August 21 resulted in a sharp rejection once touching the $2K mark.
ETH then quickly lost the important support range of $1,700-$1,800, and as of writing these lines – trading below $1500.
The price has experienced severe drops after breaking below the two marked bear flags, as seen on the chart. Simultaneously, the price broke below the 100-day moving average line (in white). Currently, the average value of the 100-day chart is $1,531. Bears are now attempting to close the daily candle beneath it.
With a lower low formation, the possibility of reaching the support zone at $1,280-$1,350 (in green) will become likely. Hope will return to the market only if the bulls can reclaim the $1,700 – 1,800 range.
Support Levels: $1500 & $1350
Resistance Levels: $1800 & $2000
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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Ethereum - Panic creeps back into the marketThroughout July and August, we warned that the bounce in the cryptocurrency market, which many rushed to call a trend reversal, was a bear market rally doomed to fail. Then, on 16th August 2022, we gave an ultimate warning to investors as we speculated the top was in for the rally, and a 50% decline was looming.
Since then, the price of Ethereum has fallen an astounding 25%, and we have seen more confirmations of our bearish thesis. Because of that, we continue to be bearish in the short, medium, and long term. Indeed, we think the selloff will accelerate in the foreseeable future, leading to panic selling and subsequently to new lows over time.
Our views are based upon technical indicators that flash strong warning signs across the board and low liquidity in the market. However, fundamental factors also significantly contribute to our bearish opinion. Repeatedly, higher interest rates, quantitative tightening, and a slowing economy pose a great threat to the stock market and the cryptocurrency market.
Accordingly, we stick to our price target of 1 000 USD per Ethereum. However, we would like to set also a second price target for ETHUSD at 900 USD.
Illustration 1.01
The picture shows the daily chart of Ethereum and two moving averages, 20-day SMA and 50-day SMA. On 24th July 2022, these averages underwent mean reversion, signifying a powerful downtrend correction. We would like these averages to reverse into a bearish constellation to give us further bearish confirmation.
Technical analysis - daily time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is bearish.
Illustration 1.02
The illustration shows two bearish breakouts that confirmed our thesis in the past two weeks. Interestingly, these developments are identical to those on the chart of BTCUSD.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
Illustration 1.03
Illustration 1.03 shows simple support and resistance levels derived from peaks and troughs.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Ethereum - Double Top at Moving Averages 📈Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Across the markets we see rejection at moving averages. On Ethereum, the price is rejected at the 20d moving averages (center of the BBands) in the weekly timeframe. This is significant, because this was an attempt to test resistance. These attempts of testing local resistance often happen towards the end of the accumulation phase. The price being rejected so clearly at this point, shows us that the price will fall lower to the next demand zone, before making another attempt at local resistance. When I look for potential near term targets, I often use multiple technical indicators together. When I look for take profit zones and accumulation zones, I like to use chart analysis such as Fibonacci, support zones and resistance zones. In the chart above, I use the Fibonacci Bollinger Bands together with Phoenix Ascending.
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short trem#Demand_analysis of ETH currency 4H time The liquidity price has accumulated before the round range and has reached its consumption range, and based on the Dominance analysis of Tether and Bitcoin, if this range is touched, it can be entered in the pullback to sell the position and other different ranges have also been determined. Keep an eye on it, if the trigger time is low, you can buy it 🌹💙