Ethereumlong
ETHUSD We are on the monthly chart. It’s telling us that it has touched the support and now is reversing back up. The support is holding up strongly and the 70% on the Fibonacci level is indicating a bullish cycle. Don’t forget the war has an impact on markets so pay attention to the fundamentals too. For more info subscribe to my YouTube channel. COINBASE:ETHUSD
ETH forming a triangle patternEthereum is in a long-term bearish channel. The main support range for Ethereum is between $2350 and $2400, which if we lose this support level, the price could drop to at least $2160 again. In the daily time frame, Ethereum has formed a triangle pattern that breaking this pattern upwards and stabilizing above it, and also above resistance at $2730 can push prices up to the main resistance range, and crossing the main resistance range and stabilizing above it can bring Ethereum back to the bull market. We have to wait for one of the surfaces of the triangle pattern to break to determine the direction of price movement.
ETH Buy a break setup.Ethereum - Intraday - We look to Buy a break of 2686 (stop at 2626)
A break of bespoke resistance at 2680, and the move higher is already underway.
50 4hour EMA is at 2670.
Expect trading to remain mixed and volatile.
The trend of lower highs is located at 2950.
Our profit targets will be 2844 and 2894
Resistance: 2600 / 2680 / 2800
Support: 2500 / 2450 / 2300
ETh go long crypto market about to explode probably Hi everyone here is official signal I take into account all timeframes and 5 basic tools all traders should know
save yourself headache trade responsibly risk m ax 1% of balance and if you stick to plan you will not have any huge drawdowns
today I take into account huge outflow hence this idea not look great from technical but not bad also
in normal circumstances I would not trade like this but now I want take opportunity
ETHEREUM LONGS 3000📉📉📉📉 Expecting bullish price action on ETHEREUM as price is filling a H4 bullish imbalance and rejecting from a POC X2 Volume Profile area + Bullish orderblock on H4, we have a bullish market strucutre on the H4 as price keeps making higher highs and higher lows with bullish BOS (break of strucutres)
My target is above 3000 institutional figure..
What do you think ?
ETHUSD Alternate Bear ViewPerhaps I have been looking at ETHUSD wrong so far, and have been dismissing the bear calls. We may have already seen the top. As suggested by this chart.
Similarities on the MACD can be correlated to points in ETHUSD's history
The last time we saw a sharp dive on the MACD like this was at the end of the last bull run
Bears will control the market if the MACD fails to make a successful bull cross on this weekly timeframe
A bull view
ETHUSD Critical AreaETHUSD Is at a critical price point, this has been seen as a line of support using this indicator in the past
If it repeats and bounces off bullishly, we will be seeing some big moves coming up
The MACD shows similar inverse H&S structures, in the rectangles are the seen and expected move for the MACD's future.
ETHUSD Backwards Falling WedgeEthereum can be seen to be forming a large wedge structure, in which looked at in a reverse fashion a sharp breakout can be seen upon the ending of the 'falling wedge'
This breakout was a 134% increase from its bottom
This bottom is a crucial point in the evolution in price, providing the first bottom for the double bottom structure
I say price must be higher for this backwards falling wedge to exist because a falling wedge like this would only occur if price was in a descending fashion (when looked at backwards)
There is still room for ETHUSD to go way higher
Check out my God Candle idea above
Ethereum God Candle March An idea for ETHUSD , with the previous extension to 4K and then retrace, this creates a massive zone for price to rise
The current March candle is positioned perfectly above the support level (dotted line)
I have reason to believe we will see a big run, for both Bitcoin and Ethereum . This isn't the end of the run.
ETH Dominance Pivot Point0.618 can be seen as a pivot point, prior rejection at this level, even though a bounce was seen at the 50MA
Now price is at the 50MA and above this pivot point level, the dominance is likely going to bounce again (as seen previously) off the 50MA and push Ethereum's dominance higher.
This aligns with my current stance on ETHUSD
Using another indicator ETHUSD Using this indicator called "McDonalds" We can see how ETH has touched for the second time along this curved "parabolic" trend
It is a nice buy signal.
Points labelled 1,2 are comparable points to what we are seeing now except on a much larger scale
Last leg of bull for ETH imo
ETHEREUM BACK TO THE RESISTANCE.Welcome members to this ETH update.
If you had followed my previous ETH update then you have witnessed how perfectly ETH bounce back from the support level. ETH so far is doing great and it is back to the same resistance level. If ETH manages to break this level then we can expect some higher rally towards $3400 or even higher. RSI continues to show some good momentum which is good for ETH.
Now, all we need is a break out from this current resistance.
What do you feel about the current ETH price?
Let me know your ideas in the comments below.
If you are new or viewing my post for the first time then do follow up for more interesting updates.
Thank you.
ETH Ethereum Price TargetAfter ETH hit the support level and bounced from it:
Now I see the $3300 resistance as a possible price target for Ethereum in the war context right now.
People will also consider digital currencies to preserve capital especially in Russia, where the national currency is at all time low against the US dollar.
In case of a sell-off, the 1800-2200 area is a buy opportunity in my opinion.