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Ethereumforecast

ETH heading strong resistance and good support levelshello all i think we breakout from a range area and surpass the 1280 resistance. now we reach 1650 resistance and the market react to it. so i think we have a pullback to 1300 area and after that toward 1650 again and repeatedly react to 1650 resistance and after that will go for 2000 resistance. also maybe we have a 50% correction of this impulse wave that shows the 1300 level too. Etherum has good fundamentals according to merge upgrade.so this targets are reachable in coming months. share me your opinion in comments.
Short
by TraderAmin-KZ
2
ETHEREUM: HOLDING THE SUPPORT.Hello folks, here's a quick update on ETH. Timeframe: 2 hours. Update: ETH is at the edge of a bounce back or a drop-down. Things are pretty clear and I don't need to explain much. If ETH breaks and closes below $1500 then $1366 would be the next support level. and if it bounces back then ETH will face the 21 MA resistance and then the upper trendline. Conclusion: Be ready for both long and short opportunities. I'll update more on this, until then trade safely.
by Dexter_The_Trader
2
ETH/USDT - Potential Short ScenarioHello Traders! ETH price has been consolidating in a narrow range for a month. The trigger for the price to go up was the announcement of Ethereum's transition from Proof of Work to Proof of Stake, which is planned for September 19. A corrective movement is developing at the moment, the goal of such movement will be to collect liquidity near the mirror level of $1740, which acted as a strong support level between 2021 and 2022, now, this level acts as resistance. On the basis of the analysis of the older timeframes, it is possible to assume about the continuation of the main downward movement of the price after liquidity gathering near the level of $1740. Medium-term purchases are better to be gained in parts near the support levels of $1005 $800 and $615. Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
COINBASE:ETHUSDShort
by UnknownUnicorn10064030
ETHUSDT: Elliott Waves Intraday TradingHello everyone! The price of Ethereum rose within my expectations in wave 5 of wave C; and the big wave 4 is coming to its conclusion. Already now you can get ready to look for good entry points into a short position; for example, on the price breakdown of the local trend support. It is possible that in the next month Ethereum price will update the historical minimum and once again disappoint the cryptocurrency community, which is already fully confident in the price reversal. P.S. Vitalik Buterin will probably not sleep well very soon) The continuation of growth can be considered only with the formation of a corrective trend continuation pattern in the price range of $1600-$1300. Best Regards, CEO Tornado Capital
Short
by HurricaneCapital
2
ETHBTC - LT View!ETHBTC - LT View! Crypto isn't always everyone's cup of tea, but I be honest it is part of my portfolio of investments and also will be... Cup & Handle longer term, bullish momentum could continue further in ETH with the merge to continue and stated that there will be a various upgrades implemented one being - “Ethereum today can process about 15-20 transactions a second. This Ethereum including the rollups, including the sharding it’s going to be able to process 100,000 transactions a second,” Buterin said. Now this pattern could fail if we go below the EMA's. Now the more I personally research into the fundamentals behind ETH and the various institutions out there, building various projects on top of ETH for me in my personal opinion which isn't investment advice I have am further bullish on ETH longer term 6-12months perspective and this will then I will be looking at various alt coins that again, research taken into in depth, It's early days the pull back brings out further great opportunities within this market. Have a great weekend. TJ
by Trade_Journal
Ethereum Closed below EMA 34In 2 days TF Ethereum closes below EMA 34 is a sign of weakness. Also, This is crypto's first recession. How come we can compare it with the last cycles. We need to keep an open mind and keep looking and the market and see how the chart is making in the process and then only we can play in the market. Save your hard-earned money folks. Most of us are struggling here to make a good living out of it. If you can afford then DCA is the best option. We don't need to catch the bottom or sell the top. We can stay in between, take our fair share and watch the market players to manipulate.
Short
by The3eyedFrog
🔃✅💲Short term reversal for $ETH confirmed! #Ethereum 🚀🔜✅This chart is meant to show the confirmation of the reversal in the $ETH price. This is shown on the BYBIT:ETHUSDT chart, because of the higher (more speculation based) trading volume. It is currently showing strong confidence in traders for #Ethereum. As shown, during the downtrend that $ETH has been in, there were multiple closes below the lower Bollinger band. These each signaled further $ETH price suppression at the time. After finding a possible bottom, then ranging sideways in what is now the current range of support, $ETH price finally broke out above the top of the range. This is very likely due to a short squeeze, however I believe that it being in conjunction with the recent bounce in $BTC and other cryptos, has allowed for confidence to be restored in $ETH price growth(at least for the short-term). Breaking above the range, with very tightened Bollinger bands, $ETH price managed to close above the upper Bollinger band multiple times. This is the first time this has happened on the daily chart since we had one (very brief) close above it, in October last year. To me this signals a (possibly very strong) reversal for #Etherem. Going forward, I would personally expect a move up to the current strong resistance level around $2,100-$2,200, then a retest of the previous range-high/resistance, flipped to support. After that would be when I would assess everything to see if this confirmation truly has the merit that I personally believe it has. Any strong close above $2,500 would be a very strong confirmation of this theory, and a close below $1,100 would possibly invalidate this whole theory. **This is all my opinion, based on chart data. This is not financial advice.**
Long
by DoozerInvest
Ethereum Analyze (Road Map)!!!🗺️Today, I want to talk about Ethereum Roam 🗺️Map🗺️. Ethereum is moving in a Symmetrical triangle that made microwave 4 of Main wave C. The end of Main wave C is close to us, and I showed you the target of the end of Main wave C in my Chart. Where is the end of Main wave C ❗️❓ 🎯Target🎯: 780$ until 705$ Ethereum Analyze ( ETHUSDT ) Daily Timeframe⏰(Log Scale) Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BITSTAMP:ETHUSD
by pejman_zwin
11
ETH - Is it good to invest now?🧐 ☝️ What happened? ETH came to bottom of the channel and then bounced, afterwards it broke local trendline which was a bullish signal ☝️ Should bulls be worried? Right now we are in the middle of nowhere and close to the top of range, so it's bad idea to take longs because potential is too small. ☝️ What are the future scenarios? 1. If we touch top today we will likely bounce since the level is too strong to break from such distance without range 2. We slow up and start accumulate power for future break up. It should take a couple days. If we will slowly squeeze to the level on 1h timeframe we will likely break through. What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Long
by Artem_Dishel
18
Ethereum potential move to upside ⬆️Potential long trade for Ethereum has alerted. Trading the 30M chart. I have set my stop loss at the last low and will follow this trade to the next alert. Green POW emblem shows the candle entered upon. This is a trend following trade. For extra confluence there is a area of resistance that if broken would add to validating the trade. Last sell trade can be seen on chart and how that was followed. Thanks for looking at my idea Darren👍
Long
by pow_removetheguesswork