Ethereum Ready to $10,000 within couple of weeks..?#ETH/USDT Profit Update:-
$ETH currently trading at $3566 and went upto $4030
So Hope you happy with our Analysis against Head & Shoulder.
Everyone was bearish when Head & Shoulder pattern worked on TOP but That time I only bullish and Drawn Fib Levels.
So Now 125% pure profit without leverage.
And if you open with 5x lev then 600% pure profit.
But I always suggest to play safe.
Never use High leverage.
Now..?
I am watching closely 0.236 fib level which is good support at $3249 if break down then I will exit from this trade and wait for next entry.
And if again ETH break $4158 then we can see $5000-$6000 and $10000 also.
Support:- $3249/$2687
Resistance:- $4158/ATH
Please LIKE and support.
Thank you.
Ether
Ethereum Ready for $7000#ETH/USDT exclusive TA Update:-
#ETH currently trading at $3545
And need to break $4000 resistance for New all time high.
Now Looks good for fresh entry.
Entry:- $3400-$3550 ( Spot )
Targets:- $4000/$4800/$7000
Stop Loss:- $3300
Support 1 is strong so If hold this support then we can see New ATH very soon.
Don’t forget to set SL
Support:- $3330/$2521/$1900
Resistance:- $4000/$4800/$7000
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ETH ShortEven though I'm bullish on ETH in the long term, in the short term, $ETH is looking pretty bearish. With that being said, you should consider cutting some of your ETH to buy at a cheaper price. Either way, this is only a short term pullback as I believe crypto is going to push higher. Thank you!
ETH Is One Crucial Bump Away From Exploding To $4,000
Ethereum rebounds from $3,000 to above $3,400 but faces intense resistance between $3,500 and $3,600.
The IOMAP model reinforces the resistance between $3,500 and $3,600 from an on-chain perspective.
Ethereum has, in the last one week, focused on securing higher support, especially one that is strong enough to prevent losses from stretching below $3,000. Prior, the pioneer smart contracts cryptocurrency had made tremendous progress from July lows of $1,700 to touching $4,000.
As Bitcoin tumbled from $54,000 in the first week of September, Ethereum saw its boat start to sink. Various tentative support areas at $3,600 and $3,400 did little to halt the downswing, which resulted in declines near $3,300.
Ethereum Bulls Not Ready To Give Up Mission To $4,000
The 50-day Simple Moving Average (SMA) put up a strong barrier, allowing buyers to feel the support. This increased investor confidence, and Ether recoiled above $3,400. However, another hurdle has become apparent at $3,500 and $3,600, delaying the expected recovery to $4,000.
Ethereum must close the day above this barrier to validate action to $4,000. Moreover, more buyers will come into the market as Ether makes haste toward $4,000.
Meanwhile, the Relative Strength Index (RSI) shows that ETH may settle for sideways trading as it levels at the midline. Nonetheless, nothing in the volatile cryptocurrency market is cast in stone. Hence it is essential to watch out for the direction of the RSI moving forward.
IntoTheBlock’s IOMAP model brings to light a massive resistance, running from $3,512 to $3,614. This region is currently preventing bulls from achieving their goal to trade around $4,000.
Nearly 316,000 addresses bought 8.21 million ETH in this range and will try to break even as Ethereum rises, a move likely to dampen the buying pressure. However, slicing through the same barrier would bolster Ethereum significantly upward as buyers take on $4,000.
On the downside, Ethereum sits on top of relatively weak support areas, but the model brings our attention to the area running from $3,304 to $3,405. Here, 1.28 million addresses scooped up 4.5 million ETH. If they hold steady, Ethereum may have the chance to close the gap to $4,000, but losses will soar if broken and perhaps explore areas under $3,000.
Ethereum Intraday Levels
Spot rate: $3,400
Trend: Sideways
Volatility: Low
Resistance: $3,500 to $3,600
Support: $3,300 to $3,400
ETHUSD Demand !Ethereum can be seen undergoing huge demand
This is demonstrated on the Weekly chart by these long wick ends
Price has consistently been pushed up before candle close
This shows demand throughout this price area
Coupled with a large support area, I expect bullish continuation on the Weekly timeframe based on this observation
Ethereum is holding his trendline.. for now!Good Morning friends :)
Today we take a look at ETHUSD.
The current formation is verry critical. Bitcoin is in a verry dangerous position too right now and if we lose our trendlines, we could see some nasty dumbs in the market.
I safe my profit for now, until we build a higher high.
Fundamentally Ethereum is verry strong right now. the whole NFT thing is all around the internet right now. But if everybody is making money with something the bubble is about to pop.
Remember the time BTC hits new ath and everybody is fomo in it.
From time to time, the rich people take profit and buy low again.
Always have the liquidty to do so.
Have a nice day :)
See you in the next one
ETH - two scenarios ❗❗Ethereum is locally in a range. If price breaks through and tests the lower boundary of the range as resistance, the next target will be the local low, under which the bullish stop-losses are located. Also, the price could break the upper boundary and test it as support, if that happens, the next target would be the upper marked area.
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
The fractal everyone is talking about ETHUSDClear similarities both in price action and in MACD setups
Ethereum right now has a strong bottom setup and will likely hodl this bottom, leading to the bull part of this scenario with the ~200% increase
I have seen versions of this across twitter and Facebook and thought I would address it for my followers
I aim to exit mid next year at by then 8k or higher
ETHEREUM | Getting Ready for Another Bullish Wave..!!#ETH (update)
In $USDT Pair, Broadening Wedge Formation in 8h timeframe.
Expecting Bullish Wave towards the $4200 🐳
In $BTC Pair, Forming Falling Wedge Pattern in 4h timeframe.
In Case of Wedge Breakout, Expecting Another +12% Bullish Wave
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Ethereum (ETH) Not Ready for The UpsideETH / USD ANALYSIS
The Ethereum price has been able to establish the $3352 region as a strong support zone . Every drop here has been faced with aggressive buying pressure. Therefore, if it sustains above the 9-day moving average, it could potentially start to navigate back to its resistance between the $3400 and $3500 resistance levels. If the buying pressure evaporates around $3100, it could see Ethereum incur some heavy downwards momentum that sends it to the supports at $3000, $2800, and $2600.
In the meantime, it is important to note that all these losses that the coin has suffered have fundamentally changed the structure of the cryptocurrency market. Traders are to note that ETH/USD in the short term could be positioned to see a significant downside effect. Buyers should be on the lookout for $3800, $4000, and $4200 as a target to watch and a strong bullish reaction at this level is vital for Ethereum to maintain its medium-term outlook while the Relative Strength Index (14) is seen moving below 55-level.
Against Bitcoin , we can see that Ethereum is clearly bearish . Meanwhile, as the price falls, the sellers are posing an additional threat for buyers to reach the support level of 7315 SAT where the nearest target is located. However, an eventual break below the 21-day moving average may cause Ethereum to collapse.
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Ethereum Making Inverse Cup and Handle PatternAfter a Solid Mini Bull Run Ethereum failed to break its All Time High.
Now After Huge Dip of BTC, Ethereum couldnt stand and even dipping more.
Ethereum also showing Cup and Handle which if plays out with an target of 2544. Which could be a great Shorting opportunity in a upcoming Bear Market.
Keeping in Mind that Ethereum has very good support at 2750.
Good Luck.
Ethereum forming inverse Cup and HandleEthereum Forming inverse Cup and handle with a Target of 2600 But ethereum has Good Support at 2750 So it could stablize at 2750 if this old fashioned Pattern Plays Out. EMA also given Sell Signal on 4hr so it mostly looks like will play out.
This also relate to BTC price action if btc as predicted can touch 37000 then surely ethereum can visit 2750.
Good shorting Opportunity awaits
ETH potential patternHi everyone,
Today I would like to bring your attention to the possible pattern on ETH.
Take this as you will, but I think where we are now is eerily similar to 5th of September 2017.
Both in 2017 and recently we had a rising wedge consolidation with a massive blow off top forming after breaking up from the wedge.
The blow off then retested the bottom of that wedge as support, bounced and retested the ATH. After the retest of ATH we get a sharp correction and a test of formed bottom.
ATM we haven't yet tested the double bottom that was formed at $2400, and really there is no way of knowing whether ETH will get there. But if ETH does get to $2400-2600 range and holds that as support, I think there's a good chance ETH will target $10k and maybe more.
See the image below for the pattern in September 2017.
Please do leave a comment below,
Thanks.
Warning signs... ETH signalling more downside?The signs were starting to develop, but yesterday really brought the picture into clearer focus:
- ETH daily showing downside potential with RSI divergence to price
- MACD (longer MA settings) starting to cross down
My daily stop-and-reverse system has gotten me out of everything. So sitting on the side lines until things change:
P.S. This is marked as a short idea, but I never actually go short, just bearish for now. #LongOnly