Short opportunity for ETHFirst of all, I should point this out. I am a trader who does not like short trading very much. However, when we consider the continuation of the bear market, there is a serious short opportunity here. The monthly W retest level is $2159. Entry, targets and stop points are on the chart. While all my long transactions are open at the moment, I wanted to share a possible opportunity with you.
ETHBTC
ETHBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ETHBTC
Presently, we have R1 as our resistance area that expresses the unsuccessful triumphs of the price to rise. And S1 used to be a resistance line. At the moment, we have the price fluctuating below R1 and it is predicted to have a fall to S1 and by receiving some confirmation candles to rise, we consider the long position and we expect it to rise toward R1. It may happen that the price loses the support when it reaches S1, and have a decline below this line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ETH/BTC Analyze!!!ETH/BTC was able to pass the main wave 4 in the heavy support zone, and for now, it is running in main wave 5 while breaking the trend line.
I showed you the end of the main wave 5 (zone).
I expect that microwave 4 of the main wave 5 can finish near the trend line, and then ETH/BTC goes up to my target zone.
What can we conclude from ETH/BTC chart ❗️❓
🔆If the cryptocurrency market continues to fall, it is likely that Ethereum and tokens on the Ethereum network will be able to escape from terrible falls for the next 2 months, this does not mean that they will not fall, but the percentage of falls will be lower.
🔆If the cryptocurrency market starts to grow, Ethereum and Ethereum network tokens can give us more profit for the next 2 months.
🔆If you want to invest in the cryptocurrency market and you don't know whether to invest in bitcoin or Ethereum, I suggest you invest in Ethereum, of course, I think it's still a bearish market, and you can wait about entering the market.
ETH/BTC Analyze, Timeframe Daily⏰(Log Scale)
🟢Support Zone: 0.058BTC until 0.0488BTC
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.
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Bitcoin, Ethereum Technical Analysis: Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Recent Declines During Saturday’s Session ;
This week’s sell-off in cryptocurrency markets worsened on Saturday, with bitcoin falling below $21,000 for the first time in nearly a month. Ethereum also continued its descent in today’s session, as the price of the token dropped under the $1,700 level to start the weekend.
Bitcoin Update !!
Bitcoin (BTC) continued to reside in the red to start the weekend, as prices of the world’s largest cryptocurrency fell below $22,000.
Saturday saw BTC/USD fall to an intraday low of $20,868.85, with the token edging closer to a key support level.
This floor has been at the $20,800 point, which was the last hit on July 16, when prices were trading below $20,500.
As a result of these declines, the 14-day relative strength index (RSI) dropped to a low of 32.97, which is its lowest point since July 12.
Bitcoin prices have since rebounded, and as of writing are back above $21,000. BTC is currently trading at $21,191.27.
Taking a closer look at the chart, it can be seen that the 10-day (red) moving average (MA), is nearing a downward cross with the 25-day (blue) MA.
Should this trend continue, this could signal further declines, with BTC likely falling below $20,000.
Ethereum Update !!
After a strong start to the week, Ethereum (ETH) has begun the weekend trading over $400 away from Monday’s peak above $2,000.
ETH/USD, which dropped to a bottom of $1,695.15 on Friday, fell even lower in today’s session, hitting a low of $1,611.34.
This is the lowest level Ethereum has traded at in the last sixteen days, after falling below the $1,600 level on August 4.
Honing in on the chart, it appears as if ETH bears are attempting to take prices towards a support point of $1,565.
However, bulls have so far resisted this possibility, pushing back from earlier lows, with the token currently trading at $1,636.11.
The rebound came as the RSI hit a floor of 43.00, and as of writing, RSI is tracking at 44.90. Should this head back towards 50, we may see the token rise back above $1,700.
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.
THANK YOU.
Ethereum (ETH) - August 20Hello?
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(ETH.D 1W chart)
For ETH price to maintain its upward trend, ETH dominance needs to be maintained above 18.54-20.13.
When it falls below 18.54, I expect it to start a bearish wave again with a sharp drop.
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(ETHUSDT 1D Chart)
It fell below 1741.38, the midpoint of the 1196.81-2285.94 section.
If you find resistance below 1506.09, you should be cautious as it is likely to lead to further declines.
However, since it was supported and ascended in the 924.52-1196.81 section, the upward force is still considered stronger.
You can temporarily touch around 1622.46.
At this point, the important thing is to quickly rise above 1741.38 and get support.
For a full-fledged uptrend to continue, it needs to rise above 2558.23.
So, as with the BTC chart explanation, it is important to trade without running out of cash until then.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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BTC & ETH - Expect Volatility This Weekend ❗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.
In this post we have the BTCUSDT (Orange) chart pulled up, and on the same scale the ETHUSDT (Turquoise) chart. I have pointed out the next major demand zone / support zone for each according to color. This post is following yesterday's idea about another shakeout, which you can find HERE:
I can't stress this enough, the accumulation phase is not meant for leveraged trades. It literally is only for accumulating at dollar cost average. More on Wyckoff Method HERE:
It seems like we might have a rocky and choppy weekend ahead! Take a break, the charts will be here again on Monday 🍕🥂
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Ethereum dip buyingEthereum
Intraday
We look to Buy at 1671 (stop at 1624)
With signals for sentiment at oversold extremes, the dip could not be extended. 1656 has been pivotal. 50 1day EMA is at 1651. We look to buy dips.
Our profit targets will be 1788 and 1818
Resistance: 1700 / 1750 / 1800
Support: 1660 / 1600 / 1560
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 tough processETHBTC The situation in Eth btc is generally in a conservative optimistic mode. Closing below the 7674 level will cause the alt coins to fall at least 10-15% more. It should manage to stay above the 7674 level. If it stays above this, there will always be a possibility of reaching 85. Coming to 85 means that altcoins increase by 30% on average from their current status.
#ETH/USDT 4Hr 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 !!
ETH/USDT rising wadge channel is broken and support 100MA is likely to bounce back ETH /USDT
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.
THANK YOU.
ETHusdt 12H TA: update Support and ResistanceAccording to the chart of support and resistance ranges, it is clear that if we lose the current area on the trend line, we have the possibility of falling to $1,650. And with the support of this area, we will see the price increase up to 2100 dollars.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Ethereum ready to shoot lower? Ethereum
Intraday
We look to Sell a break of 1847 (stop at 1896)
2026 has been pivotal. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Short term MACD is moving lower. A break of the recent low at 1848 should result in a further move lower. 50 4hour EMA is at 1872. Short term momentum is bearish. 20 1day EMA is at 1770.
Our profit targets will be 1723 and 1693
Resistance: 1930 / 2000 / 2100
Support: 1850 / 1800 / 1750
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.
Trading opportunity for ETHUSDT - EthereumBased on technical factors there is a Short position in :
📊 ETHUSDT
🔴 Short Now 1875.00
🧯 Stop loss 2040.00
🏹 Target 1 1720.00
🏹 Target 2 1495.00
🏹 Target 3 1275.00
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Ethereum ETH - More upside is coming! | Elliott Wave | Channel
People are calling for ETH to flip BTC, but this is really a serious thing. If BTC loses its #1 position, then it could be a catastrophic scenario and may cause a panic sell of BTC. Of course, this event will take down all coins.
But I don't really see any reason for ETH to flip BTC. If you want to bet on it, then good luck, but the chances are really low in my opinion.
But overall, Ethereum is still one of the strongest altcoins in the crypto market at this moment.
I expect one more impulsive wave to the upside to complete the superior impulsive wave (as per my Elliott Wave count).
Also on the daily chart, we have an ascending parallel channel with a very well respected upper trendline.
There is absolutely no bearish divergence on the RSI indicator, so the uptrend is really strong and stable. Of course, there is a possibility that we will retest the parallellity of the channel from the downside.
Look at my ideas about Bitcoin, alt season and BTC dominance in the related section down below.
For more ideas, please hit "Like" and "Follow"!
Ethereum - 50% decline loomingSimilarly, like in the case of Bitcoin, we also remain bearish on Ethereum. Indeed, we still maintain our price target of 1000 USD per coin. Our views are based on technical and fundamental factors detailed below and in the previous articles.
Illustration 1.01
Illustration 1.01 shows the updated setup for ETHUSD with the bearish trigger below the immediate support.
Technical analysis - daily time frame
RSI left the overbought territory, which is bearish. MACD is flattening. Stochastic is bearish. DM+ and DM- are bullish. Overall, the daily time frame is neutral/slightly bearish.
Illustration 1.02
Volume continues to decline, which is bearish.
Technical analysis - weekly time frame
RSI is neutral. MACD and Stochastic are bullish. DM+ and DM- are bearish. Overall, the weekly time frame is slightly bullish.
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 - Raging bull market?! Is it, really?!In our previous idea, we argued Ethereum reached a potential top of the bear market rally. However, we remain cautious until we see more signs to confirm our assessment.
Our view is based upon bearish fundamental factors that will persist throughout 2022 and 2023, dragging the global economy into recession and causing risk-off sentiment. In our opinion, the drying up liquidity in the cryptocurrency market suggests trouble ahead, with volumes being low compared to where they were during previous bull markets. Additionally, several technical indicators flash overbought conditions for ETHUSD.
As if it was not enough, the market sentiment reflects raging “bull market euphoria” among retail investors, with many forgetting how deceitful bear market rallies tend to be. Mounting calls for the trend reversal, and new ATH point to the classic irrationality of market participants during such periods.
These developments worry us and, indeed, they lead us to speculate that the looming selloff will have extreme nature. Therefore, we maintain a bearish outlook on Ethereum. Accordingly, we stick to our price target of 1 000 USD.
Illustration 1.01
The picture above shows the daily chart of ETHUSD. The red arrow indicates a gradual decline in volume over the past three days. To confirm our previous assessment about the potential top, we would like to see a build-up in volume accompanying a price decline. So far, we have not seen that. Another development we would like to see is a breakout below the sloping support and the immediate support. That would bolster a bearish case for Ethereum.
Technical analysis - daily time frame
RSI crossed below 70 points, which is bearish; however, it is turning neutral. MACD is due to perform a bearish crossover. Stochastic is bearish. DM+ and DM- are bearish. Overall, the daily time frame is neutral/slightly bearish.
Illustration 1.02
Illustration 1.02 shows the magnitude of bear market rallies during the bear market of 2018.
Technical analysis - weekly time frame
Stochastic is bullish. RSI is flattening. MACD is bullish. DM+ and DM- are bearish. Overall, the weekly time frame is neutral.
Illustration 1.03
The setup we introduced in the previous idea remains valid.
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.
BITCOIN new update 6H TAIn previous analyzes, we mentioned the resistance range and said that until the candle is closed above the $ 25000 range, it could not go up and expected to fall to support areas. The price is now on the static support and process support, which we will have a heavy fall if the area fails, otherwise the price will be upward.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
BRIEFING Week #33 : ETH/BTC ratio at important level !Here's your weekly update ! Brought to you each weekend with years of track-record history..
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Ethereum Rising Wedge so Ready to $1400 >???
#ETHEREUM Technical Analysis:-
$ETH currently trading around $1920
As per chart #ETH forming Rising wedge
If Rising Wedge Break then We can see big Fall in Price.
Now I Am short side because Our All Long Targets achieved.
Entry:- $1920-$1970
Targets:- $1800/$1662/$1572/$1366
Stop Loss:- $2014
Big Targets only activated if Break $1800 Level.
Don’t forget to Place Stop loss and Keep an mind Your Risk reward.
Thank you.