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Ether

ETH/USD Daily Levels — February 1st, 2023Looking at the Daily TF of Ethereum, we can see a very similar structure to Bitcoin, but a little more manipulated in the price action. The manipulation zone is a bit bigger and the accumulation zone is a bit smaller, where as Bitcoin, the move was made as clear as day. Usually, I use Bitcoin to chart out the flows for the market and trade on Ethereum to juice higher returns for my portfolio. Anyways, moving onto the chart patterns, we played this move upwards from $1,161 to selling at our distrubtion level at ~$1640. From here, i’ve been out of the market and waiting patiently for a new entry. I genuinely thought we’d come back down and retest the top of the accumulation zone (even if it were a scam wick), however, the market makers have a different game plan. We’re still chilling in the distribution zone after the FOMC today and they’re printing a buy side sweep to suck in retail liquidity before pushing the price down. I wouldn’t be surprised if the top of the distribution zone hit as many people still need to offload their positions and are greedy, however, this buy side sweep we just printed on the daily looks very convincing. It’s also something to note that the Shanghai testnet is dropping and the Ethereum team usually drops the new network upgrade at local tops in the market. I believe that we should close out this distribution zone herer soon and retest the accumulation zone. Unlike Bitcoin, I don’t believe we’ll see the start of the yearly candle retest unless it’s a quick wick down as it’ll get bought up relatively fast, similar to what we saw in the FTX meltdown in November of last year. This move we made completely reversed the entire FTX meltdown and we’ve returned to the mean as of now. However, we do need to retest the start of the uptrend or at least somewhere near the start of the uptrend and that would send the price of Ethereum down to $1287 - $1347, forming a higher low, before continuing it’s move upwards. It’s going to be a while before we see all time highs again, most likely around the Bitcoin halving event, the same as the previous two cycles. In the meantime, we can continue milking the market and stacking more trading profits into our long term Ethereum holdings before the next bull market cycle.
BITSTAMP:ETHUSDShort
by kyer
3
2 overlapping 4hr chart bullish patterns on ethusdWe can see a bit of a pump in price action on the 4hr chart for ether here. It appears to be breaking above the neckline of an inverse head and shoulders pattern(in yellow). Of course many times these patterns do not trigger their breakout on the first break above the neckline but rather dip back below it and wait until the 2nd or sometimes even 3rd break back above the neckline before confirming the breakout. Always a chance though this one could confirm on the first candle break above the neckline so its always wise to prepare for all possibilities. If it does indeed trigger the breakout of this 4hr inverse h&s pattern, the measured move target should carry price action above the neckline of a slightly larger double bottom pattern (in green). We’re this to happen, it could very well then flip that green neckline from resistance to support upon retesting it, thus triggering a double bottom breakout next which would take us to the green price target. Of course it could also trigger the breakout of the double bottom without retesting the green neckline, or it could break back below the green neckline and not actually trigger the double bottom breakout until the 2nd or even 3rd time above the green neckline (just like with the yellow inv h&s neckline)If I remember to be open to all of these possibilities, await for confirmation, and then make my move I’m sure I will play these 2 patterns wisely. We must also remember that a fakeout of the double bottom pattern or both patterns is also a possibility as well. The resistances/supports, price candles, and volume candles, should clue us into into which one of these possibilities will be the ultimate outcome soon enough *not financial advice*
BITSTAMP:ETHUSD
by DrDovetail
4
ETH Weekly Forecast 30 Jan - 3 Feb 2023 ETH Weekly Forecast 30 Jan - 3 Feb 2023 Based on the data from DVOL, we can see that currently the IV for this week is at 58.03%, down from 64.38% last week. This can be translated in +/- 8.05% movement from the open of the candle, which makes the next top/bot channel TOP: 1777 BOT: 1513 The probability to break this channel(aka the close of the weekly is going to end up either above/below this channel) is at 65%(60% since 2022) From the technical rating analysis point of view we can deduct the next information: Currently there is a : 63% to touch the previous weekly high 25% to touch the previous weekly low At the same time if we are going to take a look at the moving average rating for different timeframes we can see : 4H Timeframe: -40% Bearish Trend D Timeframe: +66% Bullish Trend W Timeframe: -26% Bearish Trend Lastly on average, based on the current percentile, we can expect that our asset is going to move: 9.2% from the open candle for the bullish scenario 10.5% from the open candle for the bearish scenario
COINBASE:ETHUSD
by exlux
Ethereum to extend it's loses?Ethereum - 24h expiry - We look to Sell a break of 1508 (stop at 1551) Short term momentum is bearish. Short term bias has turned negative. A break of the recent low at 1519 should result in a further move lower. There is no clear indication that the downward move is coming to an end. Our profit targets will be 1401 and 1381 Resistance: 1560 / 1585 / 1600 Support: 1520 / 1500 / 1450 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:ETHUSDShort
by VantageMarkets
1
ETH ETHEREUM 4 HOUR CHART Price Analysis Hello! Here's my eye on Ethereum on the 4-hour chart. ETH MUST hold the support zone #1 if It wants to go up IF ETH loses Support ZONE #1 and the current trendline, It will most likely go DOWN and test SUPPORT ZONE #2 1374-1437. IF ETH can hold this SUPPORT ZONE It will go back up and test the top end of RESISTANCE ZONE#1 1607. From here the next Resistance zone target would be around the 1669 LVL Then 1713 LVL from here. I'm Neither Bullish nor Bearish on this COIN. Just showing some possibilities on the outcome of ETH in my opinion in the next coming days! Please Comment or Like if you enjoyed this guys :) Have an amazing day!
by owenNations
Has Ethereum set a Bull Trap for us ❗️❓🗑🦇Today I have prepared for you different Ethereum scenarios for the coming days.🔜 Let's start with trading volume. If you look closely at my Ethereum chart, you will see that the heavy support zone currently on the chart, called the heavy resistance zone has been broken by long-bodied, red, high-volume candles. But in this one month when Ethereum has seen an upward trend, a significant volume is not visible in the chart; although Ethereum was able to break the heavy resistance zone, but is it possible that Ethereum has made a trap(bull trap) for us or not❗️❓ Stay with me in the rest of this post to answer the above question.😊 As you can see in the Ethereum chart, Ethereum is moving after breaking the heavy resistance zone and important downtrend line and SMA200 in PRZ(Price Reversal Zone), so it seems that the D point of bearish 🦇bat🦇 harmonic pattern is formed in PRZ and TRZ(Time Reversal Zone). Also, w can see the end of movement in the StochRSI indicator.👇 Therefore, I expect Ethereum to at least return to the heavy resistance zone and the important downtrend line and SMA200. And since Ethereum has not seen a certain volume in this one month, the possibility that Ethereum has set a trap for us (bull trap) is very high (most of the tokens are active on the Ethereum network, so take care of your portfolio in the coming days). Ethereum Analyze ( ETHUSDT ) Daily Timeframe ⏰. 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.
by pejman_zwin
2
Ethereum Will Fall FurtherThe market sentiment on Web3, DeFi and Ethereum I believe is overly optimistic. I believe that slower and lower growth expectations have not been priced in yet. Recent FTX revelations have dampened investor's sentiment further. Next year we'll likely see economic recessions around the world. Given no clear catalyst to the upside, I expect prices to continue to fall until market sentiment bottoms. The next few months will likely present good buying opportunities for those looking to gain long-term exposure to ETH and Web3. Technicals: Ethereum has bounced down after hitting the 200 Daily MA. Support at $880 and $490.
COINBASE:ETHUSDShort
by jacektrocinski
Ethereumm just hit the white descending channel target!Target Hit! You can see here the measured move (dotted white line) taken from the point of the breakout from the white descending channel. Been watching it since November, but it finally hit its target with exact precision! Hard to tell if it will cool off much now or continue to climb…the pink rising channel has a measured move slightly higher than this and it looks like it has broken up from the rising channel too which is never a good signal for bears if a bearish pattern breaks upward. *not financial advice*
BITSTAMP:ETHUSD
by DrDovetail
ETH/USD 12H Targets — January 8th, 2023Looking at the 12-hour chart of Ethereum, this is an extension of my previous chart as there has been no volatility during the holidays and the markets haven’t really moved. We can see ETH is still in its accumulation zone and gearing to breakout to $1287 and beyond. This move will play out to TP1 & above marked: 🎯 $1,287 🎯 $1,347 Ethereum trade is invalidated with a candle close below $1,221 as we would look to reposition this play. Attached to this chart are my previous 2 ideas on Ethereum. As always please do your own research, I am not a financial advisor and this chart is for educational purposes only.
BITSTAMP:ETHUSDLong
by kyer
2
ETH/USD: Ether bulls eye $1500 after breakoutEther has risen to above $1400 this week, to reach its best level since early November. The recovery has coincided with other financial markets. In recent months, investors have been selling the dollar and piling into Chinese and European equities in particular. The ongoing optimism has lifted FTSE to its highest level since Aug 2018, as European indices continue to outperform their US counterparts. Following another drop in US CPI on Thursday, investors have become even more confident that inflation has peaked and that the Fed and other central banks will stop their hiking soon. The peak inflation narrative was supported further by the University of Michigan’s closely watched inflation survey. This showed that consumers’ 1-year inflation expectations have now fallen to their lowest since April 2021. Surveyed consumers also reported an improvement in sentiment. Investor sentiment has also been boosted by China re-opening its economy, which is why we continue to see the China A50, and other Chinese indices, push higher. Until the dollar bottoms out or there’s another bearish macro stimulus, the path of least resistance would remain to the upside for cryptos and other risk assets in general. Thanks to the recent bullish price action, Bitcoin has risen well above $19K for first time since mid-December. Ether has risen to $1.4K, its best level since early November. At the time of writing, ETH/USD was holding above its 200-day average after its breakout from its recent consolidation above $1350. For as long as any dips back to $1350 holds, the path of least resistance would remain to the upside. A move towards $1500 looks increasingly likely next. By Fawad Razaqzada on behalf of FOREX.com
COINBASE:ETHUSDLong
by FOREXcom
2
Ethereum Multi time frames 🔵1 h chart 🔴4 h chart 🟢daily chartEthereum Multi time frames 🔵1 h chart - nice volume pump after recent decrease 🔴4 h chart - ETH above important $1,269 between EMA50 and SMA200 🟢daily chart - EMA50 next daily resistance - possible next bullish signal 🚨👀 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
CME:ETH1!Long
by Crypto4Everybody