Get started

Ether

Overview of the Ethereum Bear MarketHi everyone! Please hit the like bottom at the bottom right corner and hit the follow button for more charts and updates. Here is my updated overview of the Weekly Ethereum ETHUSD Bear and Bull Cycles on the log scale. It seems at least for now the Megabull trend expired for Ethereum as expected around December 2021 with a top at $4,800-4,900. Now a Bear Market is potentially starting but confirmation is needed with Sunday January 2nd's candle closing below the $3,860 1W Bollinger Midband. There are major signals that cannot be ignored anymore on Ethereum at this point pointing to the Bear Market starting: - Broke below the 1W Bollinger Midband at $3,860 - Broke its long-term log bull parallel channel similar to 2018 - 1W Momentum indicator flashing a sell signal similar to 2018 - An unconfirmed double top bear reversal at $4,400-4,900 I have also overlapped the 2018-2019's Bear Market's fractal to offer a quick comparison against the current price action. The last time we broke the 1W midband the the log parallel channel we dropped roughly 50%. Should we confirm this full-blown bear market, then look for a final bottom near $780-680 by October 2022 through January 2023 with a $150-100 margin of error. Please note that the entire setup can be VOIDed if Ethereum regains and closes a Weekly above $4,250 Best of luck and happy trading! Carl M.
COINBASE:ETHUSDShort
by BitcoinGuru
4
ETH short updateI made a mistake on my last published idea. This is what it should look like. The yellow line is the old local low set on December 29. The green line is where we set the short. Volume on selling rallies is way over moving average. We are making plays based on the four hour chart. In this view of the one hour chart we can break the four hour candles down. And frankly they look good for short sellers because the sell pressure is strong. If you made this play don’t forget to take profits. And don’t be greedy. Look for a false buy rally only if above 3500 to sell short: Preferably after at least one green hour. Optimally after three green periods. Please follow the link to the original post there is more content. Just had to fix the chart here.
Short
by CryptoSlayerFX
ETHUSD Reversing at 2.618 Fib LevelLooking at the chart of Ethereum on the 4-hour time frame we can see that Ethereum is fighting to regain the 2.618 Fib level as support, similar to Bitcoin trying to regain the $47,410 level. This chart has been difficult to read for the past month, but seems to be a clearer picture now with what they're trying to do and that is accumulation. They're stopping out over-leveraged longs and stop losses before the big pump, reversing it unexpectedly when everyones out of the market. If Ethereum can close over this 2.618 Fib level and regain it as a level of support, its going to break free of $3,927 and reverse back upwards to the $4,339 - $4,388 distribution zone. As always please do your own research, I am not a financial advisor.
KRAKEN:ETHUSDLong
by kyer
3
Short-term selling opportunities on ETHETHUSD is currently in a downtrend on the H1 timeframe. In the end of last year we saw a downside impulse which led to a consolidation. Now, we're looking for the end of this pullback and another downside move. The first target will be 3523$ Right now, price is inside of a sell zone and if we see a breakout above 4000$ then this setup won't be valid. We will be following the development closely and in case of any changes we will have to adjust our targets!
COINBASE:ETHUSDShort
by ForexTrendline
34
ETH - just follow these scenarios!!!ETH, like bitcoin, can follow two main scenarios: - First and best scenario, a return to the $4135 level, squeezing, and a breakout of the level. -The second scenario is a decline and a re-low of the $3500 level. Best time to buy in case of the first scenario and also in case of a false breakout of the $3500 level. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
4
ETHUSD End of 2021 Price TargetsLooking at the 4-hour time frame of Ethereum we can see that just like Bitcoin, it is at a crucial point heading into the new year. Ethereum found its bottom with the scam wick along the $3,431 level and knocked out all of the over-leveraged longs from early entry prices. From this point on, Ethereum along with many altcoins, has been slowly accumulating and creating higher highs and higher lows. Just last week, Ethereum finally regained the 2.618 Fibonacci level of support at $3,821 and closed out the support area bullish at $3,821 - $3,921. From here, it gained $4,003 as a level of support and is now headed towards flipping $4,161. If we can see a flip of the $4,161 resistance into support, Ethereum is headed towards the $4,339 - $4,388 May 2021 ATH price targets for just short of a 10% play.
KRAKEN:ETHUSDLong
by kyer
1
Ethereum to give clear breakout by Dec 31COINBASE:BTCUSD Ethereum is taking support at the Fibonacci channel base line formed from the lows of July 2021 (as shown at 2 in chart) Observations in the last 11 trading sessions. 1. Bounced from the lows almost every day and maintained the support line. 2. Faced resistance at 38.2% Fibonacci retracement level (Sep low to Nov High – as shown at 1 in chart) Support line and resistance line are making a triangular pattern, end point of which is Dec 31, 2021. Focused triangle area can be observed on the right hand side. Hence Ethereum to give clear breakout either side on or before Dec 31, 2021.
COINBASE:ETHUSD
by Rajesh_Ramchandani_Delta
Long $ETHUSD based on Elliott Wave TheoryHello, friends! I would like to briefly talk to you regarding Elliott Wave Theory and how we can use it to our advantage. Brief history and intro: Ralph Nelson Elliott concluded that the movement of the market could be predicted by observing and identifying a repetitive pattern of waves. Elliott first published his theory in the book titled The Wave Principle in 1938. Elliott was able to analyze markets in greater depth, identifying the specific characteristics of wave patterns and making detailed market predictions based on the patterns. Basic Principles Elliott Wave Theory: Movement in the direction of the trend is unfolding in 5 waves (called motive wave) while any correction against the trend is in three waves (called corrective wave). The movement in the direction of the trend is labeled as 1, 2, 3, 4, and 5. The three-wave correction is labeled as a, b, and c. These patterns can be seen in long-term as well as short-term charts. An example: Elliott Waves are like a piece of broccoli, where the smaller piece, if broken off from the bigger piece, does, in fact, look like the big piece. Market prices alternate between an impulsive, or motive phase, and a corrective phase on all time scales of trend. Impulses are always subdivided into a set of 5 lower-degree waves, alternating again between motive and corrective character, so that waves 1, 3, and 5 are impulses, and waves 2 and 4 are smaller retraces of waves 1 and 3. Corrective waves subdivide into 3 smaller-degree waves, denoted as ABC. Corrective waves start with a five-wave counter-trend impulse (wave A), a retrace (wave B), and another impulse (wave C). The 3 waves A, B, and C make up a larger degree corrective wave (2). An impulse-wave formation, followed by a corrective wave, forms an Elliott wave degree consisting of trends and countertrends. In a bear market, the dominant trend is downward, so the pattern is reversed—five waves down and three up. Elliott identified nine degrees of waves, which he labeled as follows, from largest to smallest: -Grand Super Cycle -Super Cycle -Cycle -Primary -Intermediate -Minor -Minute -Minuette -Sub-Minuette Since Elliott waves are fractal, wave degrees theoretically expand ever-larger and ever-smaller beyond those listed above. Simply because the market is a fractal does not make the market easily predictable. Scientists recognize a tree as a fractal, but that doesn’t mean anyone can predict the path of each of its branches. Now that being said we can conclude that ETH has completed supercycle and intermediate wave 2. The next wave will be wave 3. Wave 3 must be an impulse wave, cannot be the shortest of 1,3 & 5. Wave three is usually the largest and most powerful wave in a trend. Prices rise quickly, corrections are short-lived and shallow. Wave 3 rally picks up steam and takes the top of Wave 1. As soon as the Wave 1 high is exceeded, the stops are taken out. Keep top resistances in mind. This is not financial advice, always do your own research before investing in any stocks or cryptocurrencies.
BITSTAMP:ETHUSDLong
by smitpatel1