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Ether

Btc update : What's next ?Hey guys, today I'm going to share with you my view on Bitcoins next move As shown in the Bitcoin chart , it has been in a downtrend since November 10, and it has started forming a lower low and lower high , and this is a bearich sign . i have 2 possibitlity in my mind first one : the bitcoin will break the black trendline , and the target will be the red zone, and then we will see how Bitcoin react with the $52k area seconde one : if the Bitcoin does not break the black trendline we will go to 40k , I am waiting for the candles, how it will react with the trend, and I will make a decision either to buy or sell . i hope you like my analysis , D'ont forget to follow me for more ideas
by Diamond_Chart
Counter-trend Rally in Ether, Target at 4200Trend Analysis The main view of this trade idea is on the 15-Min Chart. There seems to be a triple bottom at around the 3650 level for the cryptocurrency Ethereum (ETH). After the third test of this support ETH rallied and hit some resistance around 4125. From there it made a higher low at around the 3700 price level. Currently ETH is trending higher from those levels, after breaking above 3910 resistance the cryptocurrency is attempting to re-test 4200 with the Awesome Oscillator (AO) and RSI corroborating this view. The AO is currently above zero and green and the RSI is above the 50 level. A change in trend would be identified if ETH falls below 3850. The Point and Figure Chart provides an alternative perspective to ETH’s price movements. From this chart ETH is currently in a symmetrical triangle setup with the higher lows at 3770 and 3912 while the lower highs are at 4110 and 3988. At the time of publishing ETH broke above resistance. This produces a target price of 4160. Complementing this setup is the AO trading above 0 and green and the RSI being above the 50 price level. However, on the Daily Chart, ETH is still in a corrective mode. To change this view the cryptocurrency has to break above 4412 resistance. Recommendation The recommendation will be to go long at market, with a stop loss at 3850 and a target of 4200. This produces a risk/reward ratio of 1.98. Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time of publishing I have exposure to ETH.
KRAKEN:ETHUSDLong
by Ceddy86
Ethereum is Going to $6800 Area Only if..If you are here only for the title , the answer is: ..only if the price action remains above 0.618 Fibbonaci retracement located at $3660 , then the price action is likely to move into to the 1.618 extension located at $6800 . It's really incredible how Ethereum manages to hold such high value meanwhile Bitcoin is really struggling. Every time Ethereum has seen a much stronger dip, or an correction, than Bitcoin does. As of right now, Ethereum is just -20% below the all time high at $4870 and Bitcoin is located -32% below the top at $69000! Intraday dips continue to attract buyers and rallies doesn’t really attract sellers. Let’s move to the technical. there has to be something hidden that will suggest that a correction that will overcome Bitcoin’s losses will follow, right? Fibonacci retracements. It’s very impressive how this Fibonacci has turned out. The key level of 0.618 has been successfully tested as valid and strong support as 4 days of price action are suggesting. If Ethereum doesn’t fall below this golden ratio 0.618 retracement located at $3660, Ethereum could be very easily for extended gains to the $6800, where the golden 1.618 extension is located. Price action. Price action seems to have formed a falling wedge formation, which usually occurs in a correction and suggests a break to the upside from a correction. Exponential moving averages. Overall trend indicators are suggesting that currently Ethereum is in daily downtrend as the 20 EMA fell below the slow 50 one. The price action however doesn’t seem to be reacting. Relative strength index. Ethereum hasn’t seen a proper bearish momentum yet and RSI tells us the same story. As RSI is able to hold above 40, no bearish momentum is present. However it’s hovering at pretty thin ice and break below 40 will attract sellers. No divergence can be found. Moving average convergence divergence. A selling wave is currently ongoing while the bearish volume continues to decrease. Same as for Bitcoin, both Moving averages need to go above neutral, 0, level in order to give a proper buy signal.
Long
by TiborVrbovsky
2
ETH Loses Key SupportEthereum Price Analysis: ETH Loses Key Support, This is The Next Level to Watch If Downtrend Continues. Not only the ETH price dropped below $4,000, but it also closed below this key level on the daily timeframe. If no surprises will take place, today will be the first time since October 19 that ETH is seeing a full candle body below the significant $4K mark. This put an end to the bullish trend, at least in the short term. Key Support levels: $3750, $3,000 Key Resistance levels: $4,000, $4,500 Last week, the weekly MACD went through a bearish crossover which was an early sign that the uptrend may reverse. Yesterday, ETH broke below the key support at $4,000 and closed the day under this key level. In doing so, ETH confirmed the change in the trend and also broke beneath a significant trendline that has held the uptrend since March 2020 (see the dotted line as shown below). Following the breakdown, the $4,000 level now becomes a key resistance. In addition, ETH is currently trading below the 100-day moving average line. If this downtrend continues, then the next critical support levels for ETH are found at $3750 and $3,000.
COINBASE:ETHUSD
by GerradFletcher
ETH - Another Bull trend ahead? Hey guys, Julie here =D Let's talk about Ethereum today: ETH is kind of moving sideways since November 18, after a huge bull trend, which is perfectly normal, I think it might just be resting now. But one thing I've noticed is that the red candles have been bigger than the white ones for a while, and I don't like that, to me it's not a good sign. We have some support levels near today's price, and I think that before ETH can go up again, it will test one of these regions (pink or blue line). If that happens, it would be a great time to buy (with good confirmation, of course). I don't think it will trigger a downtrend, because on the weekly chart we have a nice uptrend, and the price is very close to the 21 EMA, so it is quite unlikely to fall. I wouldn't buy ETH yet, I would rather wait to see if these regions will really act as support, and I would also wait for more positive candles, with a good confirmation, before buying. So, to summarize: I think it will fall a little bit more to the support levels, and then it will keep going up, because on the weekly chart we have a bull trend. So that's it! Thank you for reading my analysis! I would really appreciate it if you would support me with your like and your subscription. Bye bye, have a nice day! 😊👍
by Juliehodler
2
Breaking Down ETHUSD - Another ScenarioThis is a comparison of 2016 ETHUSD to 2020 and current ETHUSD The 2016 daily chart shows a rising wedge or bullish wedge, leading to a massive increase The 2020 can be seen to show some similarities such as the 0.382 fib, which is a point of resistance in both cases I am doing my best to break down ETHUSD it is one of the more interesting charts to view, this is why I have posted multiple charts in the past, linked below. I really just thought this comparison was interesting. This one below is particularly interesting
BITSTAMP:ETHUSDLong
by Bixley
4
MY MINIMALIST CHART ANALYSIS FOR ETHEREUM$ETHER WEEKLY CHART 12.07.21 0659H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. ALERT: ON A WEEKLY : WAITING FOR RSI and FIB LEVEL OF SUPPORT for an ENTRY. Always important to use a weekly chart before going to a daily, as it will give you different information to analyze on. (SEE. BELLOW DAILY CHART.) We are now looking at a NEW ENTRY POINT in which the market has contracted significantly. VITAL SIGNS: RSI, STOCH, and VOLUME are all looking good. We are waiting for the final accumulation and distribution and then the COILING of THE MARKET. The previous SWING ended pretty well with amazing profitability. The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels. Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb this NEW SWING. Happy Trading Everyone! INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART "FOLLOW THE WHITE RABBIT!" Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you. Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER. It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE. TARGET ZONE IDENTIFICATION The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.) At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY). DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology. NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time, depending on the dynamics of the market. Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work. Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge. Vive Le Autist! Vive Le Egalitarian!
KRAKEN:ETHUSD
by The_Crypto_Samurai
2
A few potential patterns for ETHUSDI’m keeping this neutral until we see confirmation either up or down. These are the current trend lines in play on eth usd. We can see we have two potential bullish continuation triangle patterns: A potential symmetrical triangle and a potential ascending triangle. We also have a bearish rising wedge in play, with the possibility of two potential top trendline s to that rising wedge…the bottom trendline seems very defined at this point. As we have seen already multiple times in the bull market, sometimes we actually break upward from rising wedges in a bull market. So I have posted the measured move targets or if we break down from the wedge but also if we break up from the wedge as well. We are currently confirming the symmetrical triangle and ascending triangles top trendline s as support which is a win for the bulls as long as we maintain that support…however that will be much more likely to be sustained once we can overcome the two potential top trendlines of the wedge and flip them to support. or now I must remain neutral, for even though I am overall bullish on eth, btc and the majority of the crypto market…one black swan event could easily interrupt it with a bearish plummet in price action.
BITSTAMP:ETHUSD
by DrDovetail
ETH; copy-paste from MAY crash?Ethereum dipped along with overall market but quickly recovered some of the losses. It started a major decline after it broke the $4,250 support from falling wedge formation. ETH also broke the $3,960 support levels and traded as low as $3,327 intraday. I expect some range trading on these levels, same as we have seen back in May and June. I marked the green area. In May crash, market needed 3 months to digest the wild move and start moving bullish again. I expect recent correction will take shorter time as we are already in deep Fear zone (16 according to Fear & Greed Index). A clear move above the $4,250 and $4,350 levels could send the price further higher. Any more gains could lift the price towards the $4,650 resistance zone in the near term. On the other side, if ETH fails to start a fresh increase above the $4,250 level, it could start another decline to fill the gap from to the wick low. In the stated case, the price may perhaps decline towards the $3,550 level. The next major breakdown support is $3,960 on Daily chart.
BITFINEX:ETHUSDLong
by Tilen_tradershub