Ethereum ETH will pump more!Hello, crypto brothers and sisters!
Today is the great day for Ethereum bulls becuase it’s about to show us much more gains. Of course this potential pump is gonna be the huge trap like on Bitcoin. But here we have huge difference. On the BTC we have complex correction and wave C should not obligatory go higher than wave A. In case of ETH we have the zigzag correction and current wave will break $2000 .
Let’s take a look the 1D time frame of the WHITEBIT:ETHUSDT chart. Wave A was the impulsive one. I am not going to consider it in details, you can just trust me. Earlier I supposed that wave A is actually the wave 4, but it wav the mistake becuase the wave B is very ugly and does not look like the impulsive one. Therefore I have made an assumption that the wave C is happening right now.
Obviously ETH has already finished the waves 1 and 2 and we have the question: has the wave 3 been finished. Price reached the minimal target, but taking into account that the wave C should be very high I consider that wave 3 is gonna be extended one. The $1867 now is my nearest target for this asset. After the followed correcive wave 4 I expect the wave 5 and huge crash after that. Because there are a lot of liquidity below.
In my opinion Ethereum has not finished it’s bear market, but now it’s a very dangerous idea to open both long and shorts and my plan for ETH now is waiting for the wave 3 end and buy at the bottom of the wave 4. I will make an update when take some action on this crypto asset.
Best regards, Ivan
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Ethereumforecast
Ethereum to stall at current highs?Ethereum - 24h expiry - We look to Sell at 1579 (stop at 1618)
A Doji style candle has been posted from the high.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
We look for a temporary move higher.
Bespoke resistance is located at 1580.
Rallies should be capped by yesterday's high.
Our profit targets will be 1481 and 1461
Resistance: 1550 / 1580 / 1606
Support: 1515 / 1500 / 1480
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ETHERIUM 1HOURLY NEAR FUTURE ANALYSISTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 1 Downtrend in red color (Short Term).
We have 1 Uptrend in green color Internal Trend (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are very tight stop losses that could be used in high leverage future trading.
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ETH Drop to $1430* before going Higher or LowerI reckon this is in play for Ethereum.
Here are my reasons:
1. BTC & ETH are at strong resistances.
2. Perfect retest of H8 OB for ETH.
3. Lots of Selling Pressure.
4. SPX is at a strong resistance, likely to drop.
5. DXY showing inverse head and shoulders reversal pattern at resistance.
6. Price likes to test main diagonal resistances before making the next move. This is for a liquidity grab to fuel the next move.
I am shorting to these levels. NFA
Risk Management is important.
Ethereum Analysis 13.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Financial Wave. ETHOur priority scenario in ETH has changed from bearish to bullish. This is due to the powerful growth of the all crypto market. Growth in wave (5) could bring Ethereum prices to $1514. We allow the price to roll back in wave (4), but not lower than $1346. If the price breaks this level, our view on ETH will change.
Ethereum vs "Ethereum killer" who will rise in 2023The past 2022 was difficult and painful for all cryptocurrencies. But there were cryptocurrencies that depreciated by -60% per year, and there were those whose value decreased by -99.9999%
In 2022, the Ethereum team and community held The Merge (we think everyone who is interested in ETH knows about the main changes that have taken place)
Despite the statements of skeptics, Ether confidently took second place in the crypto world. From the volatility trading pair ETHUSDT, whose price grew rapidly in 2020-2021, ETHUSD is increasingly turning into an "index" that other cryptocurrencies are guided by.
Ethereum's buyers are confidently buying back Eth in t he important liquidity zone of $1000-1250 and have not allowed the price to fall below for more than six months.
This is a good sign that ETHUSDT price may grow maybe not very sharply, but steadily in the future.
On the chart, we have schematically depicted the possible route of ETHUSD price growth until the beginning of spring 2023 to the $1800 region
We described the possible general route of the crypto market price movement in 2023 in more detail in this idea:
Separately, We would also like to touch on the topic of "Ethereum killers". For some reason, marketers of various crypto projects that have been launched on the market in recent years have fallen in love with this narrative.
Someone said that Ethereum transactions were slow, someone said that the transaction cost was expensive, and someone said that the blockchain had a low capacity... etc. And every new project had to "bury Ethereum" in its problems.
But as the table below shows, each potential "Ethereum killer" for 2022 lost in value and capitalization proportionally much more than ETH itself
By the way, for each coin on the list, we wrote an analysis and our vision of the possible price movement. You can easily find what you are interested in using the search.
Write in the comments what you expect from Ethereum in 2023, and maybe we forgot to add some "Ethereum killer" to such an important list)
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Ethereum: Possible Liquidity Grab and Return to StructureETH is showing demand at macro resistance, typically reserved for bull traps when trying to break from a major downtrend structure in a bear cycle. Keep an eye on potential supply block traps hovering outside resistance where smart money seeks to harvest liquidity before sending the PA back into the wedge. Beneath the current PA I've included two anchored VWAP streams to serve as ice/creek barriers depending on price trajectory. If we fall back through the double ice this will be a very strong bearish sentiment and we can expect a mitigation of the 900 USD area.
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*Not financial advice. Always DYOR and trade at your own risk.
ETH : Possible pump soon...ETH is trading below a resistance zone and just like the last 2 times, I expect a pump now if we flip the resistance into support.
The bullish momentum looks good and this gives more confidence to my plan...
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH) also moved higher to start the weekend, with prices moving gradually closer to $1,300.
Following a low of $1,240.95, ETH/USD raced to an intraday high of $1,273.22, which is its highest point since December 17.
Today’s move comes as an upwards crossover of moving averages has recently occurred, with the 10-day (red) trend line moving higher versus the 25-day (blue) line.
Typically such a move is a sign of current and future bullish momentum, and this could likely tempt more bulls to re-enter the market.
The next target will undoubtedly be the aforementioned $1,300 ceiling, which will likely be hit once the RSI climbs past its current ceiling at 59.00.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
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Ethereum Analysis 07.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset: