ETHBTC
ETH - RSI Target 65.46 / $2,500A little experiment as I'm keen to make the next the sell target on ETH more challenging.
Purley based on RSI my estimate is $2500.
- RSI target coincides with the retest of ascending resistance back end of March 2022 - Circled in Orange/tip of Bear Flag. Matching this level would not result in a similar price range but rather price at the resulting horizontal resistance - Red horizontal line
Overlaying a few other indicators the target checks out:
- The descending resistance line form 2021 coincides with this target - Yellow Dotted line
- There is the 200DMA running through - which ETH should break briefly
- ETH/BTC would be around 0.07 if the price target is reached which is effectively the retest of the ascending resistance
- Coincides with my BTC target of $41k
Assuming this is realised, from here I'll be short back on the final wave back to $1000 price range. This $2500 will form a significant resistance target to break when ETH revisits mid 2023.
Just and Idea.
Best, Hard Forky
BTC Long after 8 Months of Shorting
ETH/BTC Target - retest of ascending resistance
ETH Hard 15min Chart Bounce Into A Lambo Monday Run?ETH/USDT 15m chart John Wicked to 314ma and found support quickly at 200ma. Somebody hit sell hard, But ETH showed them it's Pimp Arm was strong and would not be dumped.
Wondering if Monday will see some ETH Lambo action. I have a buy in with tight stop. It it plays out my Lambo plate will be just "ETH"
Ethereum Tehnical Analysis Update#Ethereum Technical Analysis:-
$ETH currently trading around $1770
And 100% up from Bottom level.
What Next..?
There are 2 Scenarios so keep an eye on below Scenarios:-
Scenario 1:- Currently Trading around resistance level and another Resistance is $2000
If Failed to Break this Resistance then we can see again $1000 Level.
But
Scenario 2:- If price Break out with Good volume then we can see $$2600/$3500 Levels.
IMO small Pump before another Crash.
But If break $2000 level then We can see upward relly.
Support:- $1400/$1000
Resistance:- $2000/$2500/$3466/$4774
again and againHello, Bitcoin came exactly to 18600 and went up. Now it has reached 21800. How was my analysis?
My previous analysis was completely correct, 100% correct
I wish I could be seen. I understand everything with math
I see the market as a bull at the moment, but we will probably have a correction until 20500-19500 and then it will reach its first target, it may continue without correction.
ETHBTC- Ethereum Could be next to RiseWishes for a nice weekend to all.
Ethereum Merge / Countdown
4 days 18 hrs 23 mins
We have covered the upcoming merge for Ethereum on this post :https://www.tradingview.com/chart/ETHUSD/jgaIXsUs-ETHEREUM-The-Queen-s-HUGE-Crypto-move-the-Merge/
On this chart ETHBTC is clearly on support. I had told my close friends here that Bitcoin was better looking on Thursday and Ethereum could wait and this is what happened.
ETHBTC could rise 6 to 9% coming forward
At this stage: my focus is on Ethereum. Will post ethereum chart next.
One Love,
the FXPROFESSOR
#ETH/USDT 1DAY 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 UPDATE:-Ethereum is moving within a descending channel (in blue) on the daily chart. This resistance line has prevented further growth since registering its all-time high. When the price last hit the channel’s top in August, it suffered a drop to $1,422 as a consequence.
The scenario for the Relative Strength Index (RSI 30d) is comparable. The descending line (in white) that has formed over the last 12 months is acting as resistance.
To fulfill the two important goals — breaking out of the channel and overcoming the horizontal resistance at $1,800 — the bulls must now drive the price above that level (in red). This coincides with gaining momentum above the descending line in the RSI.
On the other hand, if the Merge turns out to be a sell-the-news event, investors should be ready for heightened pressure that could send the price back to $1350 and even lower.
Support Levels: $1420 & $1350
Resistance Levels: $1800 & $2100
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.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Weekly Analyze of the Crypto Investing in September, 2022Date: Sep 5, 2022 — Sep 9, 2022
The crypto market recovered this week, and the market also started a rebound mode after the retracement adjustment.
The BTC weekly line dropped for the second time, and turned positive after reaching the low point on the left at 18500. Structurally, a preliminary form of double bottom has been constructed, with a critical position of 21500. When the daily line converged and broke down, the decline did not continue but rebounded and broke the downtrend line suppression. The first resistance range is 20800-21200, and the extension range is 21500-22000;
ETH's weekly line maintains a positive rhythm. The daily line made a false breakthrough up and down at the end of the convergence, and then chose to continue the trend of oscillating and rising in the channel upwards. The pressure conversion point of 1600 has become the first defensive position of the current trend. The support range is 1500-1550, and the pressure range is 1850-1900.
Vtrading is a crypto trading platform providing smart coin trading strategies for every trader. If you are using Vtrading smart crypto trading bots, the Grid and Martin strategy are suggested for spot market, and the SMT strategy for futures market.
(All for reference only, plz invest rationally)
Ethereum approaching resistance?Ethereum
Intraday
We look to Sell at 1709 (stop at 1744)
Daily signals are bearish. Bespoke resistance is located at 1700. We look for a temporary move higher. Preferred trade is to sell into rallies. 1718 has been pivotal.
Our profit targets will be 1622 and 1592
Resistance: 1650 / 1700 / 1750
Support: 1600 / 1550 / 1500
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Ethereum Analyze (Short term/Timeframe 15min)!!!⏰Ethereum broke the Trend line and now it seems that it was able to complete pullback.
I expect that Ethereum can go up around 3.7%(maybe more) from the Trend line to the Important Resistance line.
Ethereum Analyze ( ETHUSDT ) Timeframe 15min⏰(Log Scale)
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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Ethereum Analyze (Short term/Timeframe 15min)!!!🎲Ethereum is running near the Support zone and Trend line; it seems that Ethereum was able to break the upper line of Expanding Ending Diagonal.
I expect Ethereum to go up to the 🎯targets🎯 that I showed in my chart.
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.
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Ethereum Analyze (Sensitive zone)❗️❗️❗️Ethereum is currently moving in a sensitive zone on my chart (Resistance zone).
We can imagine two scenarios for Ethereum.
🔆Scenario 1: Ethereum reacts to the SMA50(Daily Timeframe) like 3 times before and fails to break it, and moves towards the support zone again.
🔆Scenario 2: This time, Ethereum can break the SMA50(Daily Timeframe) and approach the Important Resistance line.
Which scenario do you think will happen ❗️❓
🔆Although good fundamental news for Ethereum these days, we hear blockchain transition from POW to POS.
In addition, ETHBTC is in good shape and is moving as I expected✅👇
Ethereum Analyze (ETHUSDT), Timeframe 4H⏰(Log scale).
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 Analyze (SMA50)!!!🪒🪒🪒Ethereum is running in the Resistance zone.
It is better to know that one of the important resistances of Ethereum these days is SMA 50 (Daily Timeframe), and as it is clear in the chart, every time Ethereum hits SMA50, it has started to fall.
I expect Ethereum to react to the SMA50 this time and fall to the Trend line(at least).
Ethereum Analyze ( ETHUSDT ), Timeframe 4H⏰(Log scale).
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.
ETH/BTC resistance breakoutThe price is pressed against the resistance for a year and a half. On a large timeframe, there is a false breakdown, after which a correction to 0.382 and the reaction of the buyer. We can expect a continuation of the correction to 0.618, where the POC of the recent trading is located and a second exit beyond the resistance on the news background of the next week.
ETH, the show is not over YET. Hi Traders,
Normally i would stick to BTC but given the merge/bullish momentum ETH holds at present i think % returns are greater for longs on ETH.
As we can see, despite all the calls for 10k BTC the technicals are not yet ready to enter the expansion lower zone. MM has pushed it to the very edge but we should expect the unexpected and it certainly looks like this support is holding steady.
I am looking to see ETH hit the prior supply zones of
TP 1 1750-1850
TP2 1950-2050
ENTRY 1530-1550
Manage your risk accordingly, these are wild times.
Goodluck,
Asset Mastery
ETHThis chart is what I'm thinking now, this crash from $2,000 back to $1,500 has tested perfectly 382% fib level which is fib retracement level of a typical W4 , also the mid point dotted line of the parallel channel. Now the recent crash yesterday has retraced exactly to 786% which is W2 level. So we are in w2 finishing that up and headed into W3 of the 5 to around $2,600 plus. (possible)
Ethereum - "Uber-bullish merge" narrative is nonsense In our previous article, we dismissed nonsense about the “uber” bullish effect of the Merge on Ethereum. However, we also stated that we would not rule out a temporary bounce in the price while expecting it to have little to no effect on the overall trend direction. Today, we again stick to this narrative and remain bearish on ETHUSD.
We have no reason to change our bias as fundamental factors will continue to weigh on risk assets in the coming months. Additionally, technical indicators are worsening, which suggests more trouble ahead. Finally, as if it was not enough, a slowing global economy will lead to more risk aversion among assets like cryptocurrencies.
Due to that, we maintain our price targets for ETHUSD at 1 000 USD and 900 USD. Though, we have to note that we are growing increasingly bearish on the pair and expect it to drift below our price targets over time.
Illustration 1.01
Illustration 1.01 shows the most recent developments on the daily chart of ETHUSD. Yellow arrows indicate three bearish breakouts and one bullish retracement.
Technical analysis - daily time frame
RSI, Stochastic, DM+, and DM- are all bearish. MACD is neutral. Overall, the daily time frame is bearish.
Illustration 1.02
Illustration 1.02 shows the daily chart of ETHUSD and two simple moving averages. Yellow arrows indicate bullish and bearish crossovers. The current constellation of moving averages is bearish.
Technical analysis - weekly time frame
RSI, Stochastic, MACD, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
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.