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Ethereum Analysis 23.12.2022Hello 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:
by basictradingtv
25
Eth - intraday tradingDisclaimer: If you think this chart is a mess, you are wrong. Here, we are dealing with lots of fibonacci lines to find confluence at specific zones we want to trade. As we want to maximize our profits, we want to trade at highest possible risk reward ratio. As this is a game of possibilities, our job is to find specific zone with highets probability to make price reaction. Confluence? Yes, we are looking for that Fibonaci retreace 170.6% Fibonacci extension 1.114% Fibonacci retreace 50% Yellow trendline EMA 200 30min timeframe FVG huge green candle 6 confluences to make a trade. Its never only one thing. 15 min and day is over :) And if you are asking, is it possible that we miss our trade entry? Yes, many times. But always backtest your strategy and find why did you make a mistake. Your future decisions will be better. Happy trading :) Tools: - Fibonacci retreacement - Fibonacci extension - Pitchfork (All types) - Trend lines - RSI - EMA fibonacci numbers If you take closer look, you can see how price respects the lines. Therefore, if the trade analys is good, we can find a place where the top/bottom of the wick will happen, place an entry buy/sell order and let the magic happen :)
E
by ETHERVAULT
1
There is an analysis of the ETHUSD H1 chart.We used the theory of price action in order to conduct this analysis so that we could guide our decision-making process. Based on the results of this analysis, we can see that the price fell with a double top. This move continued at 1198.29. In this range, the price is in a consolidation phase but is still in a consolidation phase. We use the Fibonacci level to mark support & retracement. The price has held resistance for a long time. If it fails to break the resistance, the price moves to the downside near 1218.23 & 1150.75. If the price breaks the resistance, the price can move up against resistance near 1251.47 & 1275.24. With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers.
COINBASE:ETHUSD
by Enclave_fx
2
ETH - Range analys - updateDisclaimer: If you think this chart is a mess, you are wrong. Here, we are dealing with lots of fibonacci lines to find confluence at specific zones we want to trade. As we want to maximize our profits, we want to trade at highest possible risk reward ratio. As this is a game of possibilities, our job is to find specific zone with highets probability to make price reaction. As you can see our 1195 local support was valid and price reacted with a huge spike. What caused that spike? Well..we can only discuss about it. First of all, look at the point where price bounced - right on the yellow line. Coincidence? I dont belive in coincidence in trading. Huge spike? Yellow arrow of liqudity pushing price down, late shorters coming in during that big red candle, bouncing from yellow support trend line and pushing price in other direction to collect liqudity above yellow arrow. There is never only one scenario possible...be ready for all of them :) Tools: - Fibonacci retreacement - Fibonacci extension - Pitchfork (All types) - Trend lines - RSI - EMA fibonacci numbers **If you take closer look, you can see how price respects the lines. If the trade analys is good, we can find a place where the top/bottom of the wick will happen, therefore place an entry buy/sell order and let the magic happen :)
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by ETHERVAULT
ETHEREUM: MUST BOUNCE BACK!Hello guys, here's a quick update on ETH in a daily timeframe. A week ago, ETH was expected to rally close to $1500 but it failed to do so and it went back to the $1150 to $1200 range. With the price currently ranging at $1214, ETH is expected to give yet another try but this time close to $1450. The triangle pattern is basically a symmetrical triangle and technically it can head in the direction that favors the market condition. So, if ETH rejects $1100 to $1130 is the level I can expect. Breaking down below this support level might not be good for ETH. What is your idea on ETH? Do share in the comments. Thank you and trade safely.
Long
by Dexter_The_Trader
2
ETH in a Tight Range! Up or Down From Here?We're currently in a very tight range for ETH with the majority of levels being resistance. On the 4h I currently have three moving averages: Pink - 200 EMA Blue - 100 EMA Purple - 50 EMA As you can see, the purple line (50 EMA) has acted as resistance for ETH since Dec 16th. The thing we have to realize is there's also support for ETH right below it at 1200 (hence the tight range). Looking at the indicators, we can see this: 1. RSI bounced off the signal line and is curving to the upside (bullish) 2. MACD is starting to flatten out (bearish) 3. Above the 50 EMA, we also have horizontal resistance at the 1230 level which coincides with the 100 EMA and the 200 EMA isn't far above that at 1250 (bearish) With all of this said, my bias unfortunately leans to the downside (4 levels of immediate resistance w/ horizontal and EMAs vs 2 levels of horizontal support). In saying that, ETH is right near support so it's risky taking a short, but you could play your stop right above the 50 EMA at 1225 and set your TP at 1160 for a 4:1 reward to risk ratio. NFA. If you enjoyed my TA, please send a boost my way and comment below. Thanks :)
Short
by CryptoScripts
4
ETHUSDT - SHORT to $950, Then LONG📉Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 The markets are overwhelmingly bearish, with talks of global recessions imminent. From a candlestick analysis, we see a double top formed on Ethereum from the weekly timeframe. We have already tested the support zone of the lower turquoise Bollinger bands, finding insufficient buying pressure and the sellers took control of this zone. This means the price will drop lower to find a demand zone where the price can bounce. A likely target is halfway between the Turquoise and Orange Bollinger band, around $950. This could make for an excellent swing trade, short to $950 and then Long on the support zone up to $1100 area, which will then be the new resistance zone. On the technical indicators, the EMA points to an overwhelmingly bearish short term, so a flash crash could be on the cards soon. The RSI is also bearish, with a value of 30 and dropping on the weekly. It was hard to label this post "long" or "short" because there is an opportunity to do both within the coming weeks. Interested in ADAUSDT? Check out this idea : I hope you enjoyed this post today! Please give us a thumbs up 👌 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
31
Ethereum Accumlation Area! Reminder: The Merge Won’t Solve Ethereum’s Scaling Woes by Itself!! Ethereum’s transition to proof-of-stake might finally be around the corner, but true scale won’t come from a single upgrade, After yet another delay, the Ethereum network took a step closer to “the Merge” with its first Ethereum mainnet “shadow fork” – a successful test run of the network’s eventual transition to proof-of-stake. As many of you will remember, Ethereum’s transition to proof-of-stake was originally set to accompany another upgrade: “sharding,” which promised to split up the network into pieces in an effort to increase transaction throughput and decrease fees. But sharding won’t be coming any time soon. In order to expedite the shift to PoS, sharding was postponed until after the Merge and is now slated to come sometime in 2023 (though Ethereum timelines have a way of stretching out). In the meantime, the focus has shifted away from the Ethereum network itself to layer 2 systems like “rollups,” which scale the Ethereum network off-chain while borrowing its essential security guarantees. An entire layer 2 industry has popped up to scale, or increase capacity on, Ethereum, with leading products such as Arbitrum, Optimism and Loopring allowing users to transact at a fraction of the cost of Ethereum, and attracting billions of dollars in combined total value locked (TVL) as a result.
Short
by The3eyedFrog
2
Ethereum Analysis 17.12.2022Hello 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:
by basictradingtv
25
Ethereum (ETH) – every pump only for short!Hello, everyone! It’s time for Ethereum analysis. If you remember my last analysis it has the target $500 and there are no reasons to buy it higher. Yesterday’s dump triggered the new impulsive wave to the downside, but if you want to trade ETH we have to catch the every pump’s top to short it. Let’s take a look at the 4h timeframe of the ETHUSDT chart of the WhiteBit exchange. The Elliott waves formation coincides with the Bitcoin’s structure. ETH has also finished the upward correction which was represented as the zigzag ABC. The wave 1 to the downside is in progress. It can be finished now because the significant pool of liquidity has been already collected, but we have another one at $1150. Regardless of where the wave 1 will be finished the $1240 level looks like the perfect short entry. 0.5 Fibonacci retracement and local liquidity pool located there. I have the short position for Bitcoin, but Ethereum has the same structure, you can use this setup if you wish instead of BTC. Best regards, Ivan
by Skyrexio
3
ETH Daily TA BearishETHUSD daily guidance is cautiously bearish. Recommended ratio: 5% ETH, 95% Cash. *SELL-OFF WATCH. Cryptos and Equities are getting hammered as the effects of tighter monetary policy are starting to materialize in markets and the realization that the Federal Reserve may raise the funds rate beyond their 5.1%-5.2% projected terminal rate is a very real possibility. San Francisco Fed President Daly said today that her inflation projection has gone up and that she thinks we're still far away from the Fed's price stability goal ; this matches Fed Chair Powell's statement, during Wednesday's FOMC press conference, about markets and the economy not having felt the full effects of tightening yet. New York Fed President Williams said today that the still tight labor market may warrant a higher terminal funds rate than the Federal Reserve has projected (>5.1%) . The latest GDPNow US Q4 GDP estimate is 2.8%, down from 3.2% on 12/09 . All eyes are still on CZ and Binance as he appears to be saying the same things SBF was saying about FTX, about Binance . Srutiny over whether or not Binance is actually solvent is starting to heat up in the midst of a battle of words with Kevin O'Leary (who continues to solidify his appearance as a fraudulent celebrity by defending FTX and SBF) . A class-action lawsuit was filed against Silvergate (a Federal Reserve member bank that supports cryptocurrency firms) for their involvement in transferring funds from FTX to Alameda Research , Silvergate's potential insolvency is a bearish catalyst that has yet to fully materialize in markets so it's important to keep track of this one. Russia continues to shell Ukraine's power grid infrastructure in attempt to push Ukraine into submission as the coldest of the winter months approaches. DXY, US Long-Term Treasurys, Metals, Agriculture, JPYUSD and HSI are up. Cryptos, US Equities, US Equity Futures, Short-Term US Treasurys, Energy, VIX, CNYUSD, GBPUSD, EURUSD, N100 and NI225 are down. Key Upcoming Dates: US November New Residential Construction at 830am EST 12/20; US Final Q3 GDP Estimate at 830am EST 12/22; US November PCE Index at 830am EST 12/23; UofM Consumer Sentiment Index at 10am EST 12/23. * Price is currently trending down at $1196 after being rejected by the upper trendline of the descending channel from November 2021 + the 50MA at ~$1310 as resistance. Volume remains Moderate (High) and is on track to favor sellers for a third consecutive session if it closes today's session in the red; Price is currently breaking down below the VP Point of Control at $1265. Parabolic SAR flips bearish at $1152, this margin is bearish at the moment. RSI is currently trending down at 42 as it approaches a retest of the lower trendline of the Symmetrical Triangle from November 2018 at 38 as support. Stochastic remains bearish and is currently testing 33 support. MACD remains bullish and is currently on the verge of crossing over bearish at -3, if it falls below -3 then it would be a bearish crossover; the next support (minor) is at -46. ADX is currently trending sideways at -21 and is beginning to form a soft trough as Price continue to see selling pressure, this is mildly bearish at the moment. If Price is able to bounce here then it will likely retest $1270 minor resistance . However, if Price continues to fall here, it will likely retest $1k minor support for the first time since July 2022. Mental Stop Loss: (two consecutive closes above) $1270.
COINBASE:ETHUSD
by dailytaguy