ETH #ETH Ethereum Log Chart $24K incoming?This is a monthly chart on a Log scale for Etherum for three cycles. I included in Fibonacci patterns as well as taking into account days. Drop in a comment and I will surely give you my feedback. I am unsure if it is all too possible but $24K ETH to USD seems to be coming soon. Something is brewing for sure. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice.
Ethereumlong
Ethereum Breakout soon!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Ethereum is currently in an Ascending Triangle and is about to breakout very soon. The resistance to close above is 4500, if we can have a daily candle close above there I see Ethereum going as high as 7000$+
Bull Market : Possible EXIT Strategy (Using ETH As an Indicator)My Exit Strategy :
Studied an exit strategy after studying about the past bear market starting times...
Start selling your altcoins when ETH is between 12.5k - 13.5k.
Between this price period, sell your alt coins slowly and book realised profit.
We can’t sell at the exact top but we should get chance atleast to sell near the top.
Most importantly, Do not let greed get into your mind when market is in Extreme Greed at those times... Stay Safe
Ethereum Update 25/10/21: 44% from the 161.80% fibs @ $5,974Ethereum is currently only 22% away from the price target at the 127.20% fibs @ $5,068 and 44% from the 161.80% fibs @ $5,974...$6k ETH very soon 🎯🔥🚀, Since the buy signal triggered, Ethereum has grown over 30% retesting the ATH on the 21st October @ $4356. From this move ETH has retraced 5% and looks like it is ready for another retest and soon $5,068🎯
Our current ETH price targets from the current price:
127.20% fibs @ $5,068 (22% Gain)
161.80% fibs @ $5,974 (44% Gain)
261.80% fibs @ $8,592 (108% Gain)
423.60% fibs @ $12,828 (210% Gain)
Please see previous analysis below. Happy Trading :)
Update 14/10/21:Ethereum poised for a parabolic run Target @ $5k. A strong Buy signal was triggered on the Daily Chart (10/10/21) with the 13 EMA crossing up above the 50 SMA . We have been very patient with this move as a fake-out looked likely to form, from the current price level ETH is showing a clear breakout above the 78.60% Fibs, currently Ethereum is only 15% away from the ATH price in May @ $4361. This move to the 161.80% looks like it will be a very impulsive wave and may play out in 2 push phases. From the current price ETH is 42% away from the ATH , since the buy signal triggered ETH has grown over 18%+.
ETH Buy the dip.Ethereum - Intraday - We look to Buy at 3916 (stop at 3828)
Our short term bias remains positive.
There is no clear indication that the upward move is coming to an end.
50 4hour EMA is at 3904.
A lower correction is expected.
Our profit targets will be 4168 and 4228
Resistance: 4170 / 4270 / 4375
Support: 4050 / 3980 / 3920
ETH Buy a break setup.Ethereum - Intraday - We look to Buy a break of 3972 (stop at 3888)
Daily signals are bullish.
Broken out of the wedge formation to the upside.
We look for gains to be extended today.
Pivot resistance is at 3972.
The bias is to break to the upside.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 4218 and 4278
Resistance: 3970 / 4025 / 4100
Support: 3820 / 3720 / 3640
ETH Market Commentary 23.09.2021After an impressive breakout, the next leg now follows (there was also the simpler ETHBTC play where buyers have succeeded and are ready to play the next deflection).
On the ETHUSD side, buyers have created a chance for Q4 to attack the highs. Sellers did not want to hold past the C leg which is screaming in advance that sellers are really only masked buyers and the direction decisively favours the topside.
So now with this deflection from the C lows, the previous highs have been taken unlocking tempo for buyers. The next leg is impulsive on account of the trap and unwinding. The position should reach $3,600 in the coming sessions comfortably with $4,000 the next target in scope.
ETH/USD an ascending triangle? WhoaaaaaBeen trying to figure out what kind of area pattern ETH is forming.
Zoomed out and spotted an ascending triangle that's about to break out!
Jesus!
Plan of action here is to enter below $4k and if it further corrects lower than where we are right now, Dollar-Cost Average.
Good luck!
Ethereum Price Holds Bullish Case Aiming For $4,400
Ethereum price is still on track for all-time highs despite the resistance at $4,000.
The SuperTrend indicator and the MACD send buy signals, encouraging buyers to join the market.
Ethereum bulls are adamant about letting go of their grip on the price, perhaps because they are very close to the all-time high. In the days leading to last weekend, Ether sustained an uptrend whereby a real break was made above $3,600 and extended to $3,800. On Sunday, buyers nearly brought down the barrier at $4,000 but an unexpected obstacle at $3,980 cut short the upward action.
Ethereum Bulls Embrace Multiple Buy Signals
The most prominent smart contracts token is trading at $3,812 at the time of writing after recoiling from support near $3,600. Bulls believe that it is a matter of time before they make their way above $4,000. The short-term goal is to close the gap at the all-time highs around $4,400, a move that will blast Ether into the subsequent price discovery phase.
According to the daily chart, the technical picture mainly favors the bulls. For example, the SuperTrend indicator has recently flipped bullish. This indicator sends a buy signal when it closes the day below Ethereum’s price. If the technical picture stays the same, we expect Ethereum to remain in the bullish camp.
Similarly, the Moving Average Convergence Divergence (MACD) indicator moved above the mean line, thus adding credence to the bullish outlook. Realize that the MACD is a trend tracking tool that calculates the momentum.
As the 12-day EMA crossed below the 26-day EMA, the odds increased in favor of the uptrend. As long as the technical picture on the chart is unchanged, Ethereum has the potential to rally to $4,400.
On the other hand, bulls must focus on lifting above the supply zone marked red on the chart. A real break past this level will encourage more buyers to come to the market as investor risk appetite rises. In turn, giving ETH the momentum to hit a new all-time high.
Ethereum Price Intraday Levels
Spot rate: $3,822
Trend: Bullish bias
Volatility: Low
Support: $3,600
Resistance: $4,000
ETHUSD Update Updated thoughts on ETH
Im not sure if the Top cap value for the ETHBTC pair is accurate, it may only correspond to ETHUSD
Using the ETHUSD chart where it is valid I have placed a target at 8K, i believe it will be fulfilled
You can see how the curved white line (Middle line) is descending upon the major trendline and is forming a rising wedge in the process
This formation 'rising wedge' is considered bearish in the books
See if it holds up or the bullish rising wedge is born
ETH is readyI am not sure, what all of you are you waiting for?
I told you a month ago, and tell you now again. Eth is screaming buy me.
Beautiful I Head n Shoulder. Right on the neckline...i will buy the breakout and load up on the retest. Target 4700 in the short term. Last target of this bull run 21k. You know it!
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