⁉️ Ethereum Weekly Analysis Here we could see SMS+BOS+RTO Pattern, as the price made a failure swing, broke the structure and now I am waiting for a return to bullish orderblock.
Ethereumanalysis
ETH daily trend lines#ETH/USD
$ETH trend lines show:
🐮 price can head up to resistance of cross of ascending and descending trend lines around $3600.
break out from this resistance can increase price to ascending trend line around $3600.
🐻 and rejection from resistance of $3170can drop price to lower trend line around $2650.
Ethereum: Future Price PredictionHello friends, today you can review the technical analysis on the 1W (weekly) linear scale chart for Ethereum (ETHUSD).
The chart shows only the price and the similarities between the current market structure and price to the prior bull/bear cycle market structure and price.
Each Support and Resistance Trend Line is color coordinated to match the prior cycle to current cycle. Though price may move slightly different, the overall structure looks very similar. It seems that the current price may be headed down to $1,000 - $1,500. To make it easier to follow, I made a pathway in the prior and current cycle. There is a possibility that price could come all the way down to $250 range due to a black swan event, however there are multiple support and resistance zones before that happens.
I am NOT confident that Ethereum price will make an all time high until after the next Bitcoin halving in 2024.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
ETH trend line and fib levels#ETH/USD
$ETH trend lines and fibonacci levels show that price is at support between 0.5 and 0.618 fib levels.
🐮 holding this support will head up price toward descending resistance around $3300 and breaking this trend line will increase ETH to $3700 and $4200.
🐻 it is possible that price drop more to 0.786 fib level that is the same with ascending support. then increase.
🐻🐻 breaking down from support of 0.786 fib level will drop price to $2000 and lower.
ETHUSD 1 hr - the same line. Across the crypto verse. I like to ask why, about everything. At least for a moment. Why are these prices riding such a fine line. This is why charting helps me. I like to see the pattern of the power keeping the price above the main buy zoe and below the main sell zone. I want to see that development. If thais creates a stability then i want to wonder if that is what the final stage will look like. If so this is closer to the gold pattern. When do the alt coins fall away from the BTC flow. Like copper to gold. Copper fluctuates more because its higher use.
ETH Ethereum: 1H Chart UpdateHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Ethereum (ETHUSD).
Ethereum price looks like it may be headed back down from the current price. Keep an eye on my Support and Resistance Trend Lines. The Fibonacci Retracement shows price has possibility getting back to the 0.382 level. There is also Ichimoku Cloud resistance ahead.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
ETHUSD Dominant Trendline and MA ContinuationConsider that the dominant trendline hasn't been broken yet
A bullish attempt has already been seen at this Trend Line
Also the wedge that the price has provided us is quite a large range, providing a possibility of a huge price increase, comparable to the one seen in 2021 May
The 200MA wouldn't have to curve much to begin to rise again
A great long entry point
Ethereum: Bears In Charge 🐻The bears are in charge! They have already dragged Ethereum below the mark at $3412 and – after some recreational sidewards movement – even further down. Soon, they should reach the support at $2306 and lead Ethereum below this mark as well to finish wave v in orange. However, we must keep in mind the 42% chance that the bears could lose control so that Ethereum could escape above $3412 and into the blue zone between $3512 and $4559.
ETH pull back to broken triangle#ETH/USD
$ETH reached the triangle target and now is in pullback to triangle again.
🐻 price can drop to descending support line that is the same with support zone around $2800
ETHUSDT LongHey traders, in today's trading session we are monitoring Ethereum for a buying opportunity around 3190 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
ETH reached strong resistance#ETH/USDT
$ETH reached a resistance zone that make it strong by being the same with 0.5 fib level of last weekly swing down and ascending trend line.
🐮 break out from ascending trend line can head up price to make a new ATH.
🐻 rejection from this zone can drop price to support zone between $3350 and $3050.
ETH USD ANALYSISEthereum looks bullish to me. We are creating higher highs, and we already have a minor correction. But, according to other altcoins and sentiment, we can go higher to $3570.
ETH Ethereum: 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Ethereum (ETHUSD).
Ethereum price on a monthly chart show resistance ahead with support below. Fibonacci Retracement levels shown along with 200 SMA and RSI.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
ETHEREUM LONGHey traders, today we are monitoring ETHEREUM for a buying opportunity around 3.3k zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Ethereum in a parallel channelEthereum has been consolidating in a ascending parallel channel in a 4-hr time frame.
There is a negative rsi divergence there.
We may short Ethereum once the parallel channel breakdown.
Support/target levels or there on the chart.
Can wait for a entry, Once it retest the parallel channel support we can enter the trade and hold it till our target price.
ETH Ethereum: Doesn't Look GoodHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD).
Ethereum price looks like it is headed back down from the Support and Resistance Line. There is a rising broaden wedge forming as well.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
ETHEREUM: MOVING AS EXPECTED.Welcome members to this update on ETH.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
ETH is rallying as expected. It broke out of the resistance level which is good but let's be careful here cause the RSI is at overbought range. This could either be a fake-out or an actual breakout towards $3.5k.
Looking at the market sentiment and the RSI, things need to settle down a bit.
Let me know what you think about this idea and if you like it then do like and share.
I will cover more on this in the coming days until then stay safe and trade well.
Thank you.
Ethereum: Snake Charmer 🐍Like a snake captivated by a snake charmer, Ethereum is sprawling upwards to the resistance at $3412. There is a 38% chance that Ethereum could be enthralled enough to cross this line immediately. However, we rather expect it to coil up in the orange zone between $2402 and $1861 to finish wave ii in magenta a bit deeper, before darting upwards above $3412 and higher still.
ETHUSDT LongHey traders, Above is a technical overview on ETHEREUm and the most important levels to watch for long and short.
ETHEREUM: A PERFECT RETEST OR A DUMP???Welcome members to this update on ETH.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
Ethereum made a bold move by breaking out above the trendline but it wasn't enough to trigger the $3k resistance level. If we consider the horizontal resistance level then it is rejection but if we consider the trendlines then it is a retest before the big jump. To get a clear picture of this, we will have to monitor some key areas.
1. ETH is holding strong support at 21 MA which is exactly above the upper trendline. If you followed my previous update (link in the description) then you will know that so far ETH is exactly following the path I analyzed.
2. The only confirmation of whether ETH is bearish or not lies on the current support level. If ETH breaks down below $2.8k then we can expect ETH to reach the bottom trendline.
3. Looking into the positive side, even if ETH bounces back from the current support level, it still needs to break through the $3k resistance level which will be a real challenge for ETH. And once we are through it then $3.2k, $3.4k, and $3.6k will be the levels for ETH.
So, $2.8k is an important level to keep an eye on along with the $3k resistance level.
Note: This is not financial advice. This update is for educational purposes only.
Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible.
I will cover more on this until then stay safe and trade well.
Thank you.
ETHEREUM BREAKING OUT.Welcome members to this important update on ETH.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
ETH broke out of the trendline and currently showing some sign of retest. The chart looks good but somehow I am not convinced with this pattern. Things don’t fit into the picture. The chart looks bullish but the RSI is already in the overbought range. Also, we have resistance at $3.04k which will be important for ETH to break.
For a moment, if we skip the RSI and focus on the chart then I am expecting a retest here and then an attempt to break above the $3.04k resistance.
If this is just a fake-out to trap the noobs then the dump is going to be worse. So, let's keep an eye on the $2.8k to $3k level for now and if you have any leverage trades open then book your profits. If you are facing losses then keep your SL close.
Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible.
I will cover more on this until then stay safe and trade well.
Thank you.
Ethereum Prediction H4Here is my view for ETHEUR on H4. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Ethereum Prediction H4Here is my view for ETHUSD on H4. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
