ETHEREUM: A BOUNCE CAN BE EXPECTED.Hello traders, I hope you guys are all doing good. Here's a quick update on ETH. Please have a look and trade safely.
Timeframe: 4 hours.
Update: ETH is forming a rising wedge pattern which technically is a bearish pattern but as it is under the formation, we can expect a rally between $1200 to $1300 followed by the rejection. Breaking down below the lower support trendline will invalidate this chart.
Trade setup:
Entry between $1033 to $1060.
Targets: $1115, $1168, $1221, $1281.
Stop Loss: $986.
Note: If you are entering this trade then do not forget to use SL. Trade with 5x or 10x leverage and accumulate the dip.
Like and follow for more updates.
Thank you.
Ethereumforecast
Ethereum - ETHUSD eyes 900 USD and 800 USDToday, Ethereum reached our price target of 1000 USD. We continue to be bearish on ETHUSD. As a result, we would like to set a new price target for ETHUSD at 900 USD and 800 USD.
Illustration 1.01
The above is the link to our previous idea on Ethereum. It contains more details about fundamental factors that cause us to remain bearish on the cryptocurrency market.
Technical analysis - daily time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is very bearish.
Illustration 1.02
The volume can be observed climbing on the daily time frame; that suggests the selling pressure is increasing.
Technical analysis - weekly time frame
RSI, MACD? Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Ethereum: lower prices incomingEthereum
Intraday
We look to Sell at 1157 (stop at 1201)
Short term bias has turned negative. Previous support at 1200 now becomes resistance. 1193 has been pivotal. 50 4hour EMA is at 1152. Preferred trade is to sell into rallies.
Our profit targets will be 1052 and 1022
Resistance: 1050 / 1100 / 1150
Support: 1000 / 950 / 880
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ETHERIUM 1HOURLY NEAR FUTURE ANALYSISTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and Long Term).
We have 1 Uptrend in green color Internal Trend (Short 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 levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
ETH: Still bearish!1Ethereum
Intraday - We look to Sell at 1173 (stop at 1216)
Short term bias has turned negative. Previous support at 1200 now becomes resistance. 1193 has been pivotal. 50 4hour EMA is at 1175. 20 4hour EMA is at 1169. Preferred trade is to sell into rallies.
Our profit targets will be 1063 and 1033
Resistance: 1150 / 1200 / 1250
Support: 1100 / 1050 / 1000
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#ETH or #ETHEREUM on a roll!!!!Firstly would like to mention ETH's Chart is Same like kind of SUSHI's Chart
I feel ETH is going to soon breadown beyond 1000 resisiting 1029 and 1292 range, before more fall is eminent. NOTE THIS IDEA is BI WEEKLY and I have already mentioned HODLERS may get this at more low rate and any close below 1278 is already going to reach 1478 in near times, atmost now you can sell till 1029 with 50 points SL
BTC and ETH: Bottom Price and DateHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTC) and Ethereum (ETH).
I get asked all the time what I think the bottom for this market cycle will be for BTC and ETH. Today I am posting my charts for both using basic analysis - Support and Resistance Trend line, Volume, Volume Profile Volume Range (VPVR), and Prior Cycle review. Naturally this is all future predictions so let's see day by day how it goes.
FYI: This chart is the same chart I posted in February 2022. I made no changes except to add in the tiles that show when I posted the idea below.
If you enjoy my ideas, feel free to like it and drop in a comment. I have more ideas noted 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 1. As explained in last BTC Dominance update it fall down and therefore Eth also showed strength as compared to BTC.
2. Currently Eth is a test a major resistance supply area around 1250
3. If ETH manges to get above it can get pumped to above 1400
4. If it starts closing below here can short with confirmation targetting near 1050$
5. Looking at BTC price movement has been really slow and it looks like it can do a scam pump towards 22.8-23k target area during the weekend and would retrace fully back after that.
ETH PUSH!As I was studying charts I saw this set up happening ....
Eth started the PURGE at 7:30.
The Low Was set thus giving us a double bottom on the lower TF's.
I immediately jumped to the Higher TF and saw this set up.
8am DOUBLE BOTTOM
BUY to fill half or all of this imbalance.
Never over leverage.
Trust your trade set up.
Have fun!
I AM: Pro Trading Made Simple
ETH Buy a break of recent high.Ethereum - Intraday - We look to Buy a break of 1181 (stop at 1139)
A break of the recent high at 1174 should result in a further move higher.
50 4hour EMA is at 1175.
Short term momentum is bullish.
Our profit targets will be 1288 and 1318
Resistance: 1170 / 1200 / 1250
Support: 1100 / 1050 / 1000
ETH Will Rebound - 2400$ IS the NEXT TargetI usually make long-term predictions with solid technical analysis. I have posted after a long time. Sorry for that.
This is just a short analysis chart for ETH. Try to understand the chart with the help of Swing high candles. I will post more.
If you have any questions, then ask in the comments section.
Ethereum: gains are still capped Ethereum
Intraday
We look to Sell at 1248 (stop at 1301)
Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Daily signals are bearish. There is no clear indication that the downward move is coming to an end. We look for a temporary move higher. Bespoke resistance is located at 1250.
Our profit targets will be 1121 and 1081
Resistance: 1100 / 1170 / 1250
Support: 1050 / 1000 / 950
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
$7000 or $15000 per ETH this year! What does it take?We continue to do reviews of the trading pairs you voted for in our BTCUSD price forecast
As it turned out, we haven't made an idea about ETHUSDT for more than half a year, but why? Because the previous idea ETHUSD working out exactly, until recently, having passed 3/4 of the planned way up, see for yourself:
Today's Ethereum price forecast turned out to be very optimistic, with a spoonful of tar at the end.
Since this is a global view of the ETHUSDT price chart, today we will highlight the main and critical levels to start a strong up or down trend.
In order to start a strong up trend, ETH buyers need to firmly anchor the price above $3200 in the coming days or weeks. At the same time, it is desirable not to release the price below $2550.
If these conditions are met, it may open the way for the so far exorbitant targets of $6900 and $14800 for ETH.
Optimism and belief in the bright future will completely disappear from ETHUSD market participants if the ETH price goes under $1750, which is the last critical level for buyers.
And below that there is nothing and the possibility of ETH price going down to $600-800
Maybe, our chart is not easy to read, but if you look carefully, you will find some tips that can help you in a critical moment.
And we are always open to reasoned discussion, so Go to comments!)
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Ethereum: Sunbath 🏖Although Ethereum is already sunbathing on the sandy yellow beach strip between $1743 and $589, we still expect it to dive into the refreshing blue stream between $906 and $666 once more to finish wave (v) in blue and wave (2) in yellow. From there, Ethereum should move upwards, crossing the resistance at $1703.
Ethereum - ETHUSD eyes the 1 000 USD price tagOver the weekend, Ethereum broke below the lower bound of the rectangle pattern and passed right through our price targets towards a new low of 1176.70 USD. Despite ETHUSD going far below our price targets, we still maintain a bearish stance on it. As a result, we would like to set a price target for ETHUSD to 1000 USD.
Fundamental factors
During the current week, we expect the FOMC to impact ETHUSD negatively. That is due to higher interest rates and economic tightening. In addition, we also foresee the upcoming cryptocurrency market regulation as very detrimental to the sector.
Illustration 1.01
The picture shows a bearish breakout from the descending triangle.
Technical analysis - daily time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is very bearish.
Illustration 1.02
A volume tells a story of increasing selling pressure; similarly, like in the case of BTCUSD.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is very bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
ETHUSD Trend AnalysisAccumulate around 600-800 levels for a potential target of around 7500-8300 in long term.
You can either exit or keep averaging if it falls below the mentioned levels.
Even though the probability is high but nothing is guaranteed in cryptoverse, so do proper risk management.
Peace!!