Get started

Ethereumlong

ETH bids goodbye to $3,000 as bullish momentum fadesEthereum gracefully rose from the support formed at $1,750 to trade near $2,800. The recovery was not unique to the pioneer altcoin but cut across the market, with Bitcoin rising from $30,500 to $38,000. However, the 50 Simple Moving Average (SMA) on the four-hour chart curtailed the bullish development, adding credence to the bearish pressure. An ongoing correction has pushed ETH to trade slightly above $2,500 at writing. Ethereum’s short-term technical outlook waning The gigantic smart contract token currently seeks higher support to resume the uptrend eyeing $3,000. Nonetheless, the Relative Strength Index (RSI) shows that the bullish momentum is fading, and bulls may not have the ability to rally beyond $3,000 right away. It is essential to keep in mind the formation of a death cross pattern on the four-hour chart. The highly bearish pattern came into the picture after the 50 SMA crossed below the 100 SMA. This formation implies that overhead pressure intensifies, and bears have the upper hand. Failing to make a four-hour close above $2,500 may lead to more losses. The next tentative anchor zones include, $2,000 and $1,750. Looking at the side of the fence The Moving Average Convergence Divergence (MACD) still has a bullish impulse despite the retreat from the highs traded on Monday. The wide divergence made by the MACD line (blue) above the signal line is a formidable bullish signal, likely to call more buyers into the market. Besides, trading above the 50 SMA may trigger immense buy orders as bulls gaze at levels beyond $3,000. Ethereum intraday levels Spot rate: $2,586 Trend: Bearish Volatility: High Support: $2,500, $2,300 and $2,000 Resistance: The 50 SMA on the four-hour chart and $3,000
COINBASE:ETHUSDLong
by CoinGape
4
Ethereum (ETHUSDT/ETHBTC) Breakout!Ethereum is breaking out with confirmation. Lets take a look at both the ETHUSDT and the ETHBTC charts, as ethereum is breaking out on both charts. Looking at the ETHBTC chart, we see that ETHBTC has been trading in a tight descending channel. As I previously mentioned, if we break above the channel resistance, we are likely to see a big pump. Price has broke above the resistance. At the point of the break, there was a lack of volume, but after price consolidated, volume is now coming in as price is breaking higher, critically past the high of the initial break. If the close of this hourly candle can engulf the bodies of the previous candles, we are likely to see continuation upwards. We see a similar pattern on the ETHUSDT chart. Here we have more of a trendline resistance than a channel, but in a similar way to ETHBTC, price broke above the resistance, consolidated, and is now breaking upwards with volume confirmation. When both ETHUSDT and ETHBTC pairs are telling the same story, the probability of the move is higher. And all this happening as BTCUSDT is also breaking its resistance at 35.5K adds more confirmation to the move. As always, everything is just my opinion and not financial advice, DYOR, and stay safe!
Long
by cryptotraderog
Buy the dip or wait for confirmation ? ETHUSD AnalysisYesterday, markets saw a good correction, Ethereum went as low as $1850, but immediately bounced from there. Does that mean traders just "Bought the dip" Well, time will tell ! I have used a Gann Fan to draw trend lines on the chart. As we can clearly see the previous bullish trend was respecting the 45 degree line very well, and after achieving an ATH, because of overall market crashing, it couldn't hold the 45degree trendline and broke downwards. As RSI recently visited the oversold region, if we see good buying volume, the 26.5 degree should act as a support. Else, it could accumulate between 3x1 and 2x1 line before moving further up. On the other hand, if this scenario doesn't play out, it could again revisit the $2000 area, before making an up trend. Let us know what do you think in the comments box. Follow us for more trading ideas. Visit Tuned to learn algorithmic trading, or if you want to invest and diversify in a wide range of crypto trading syndications.
BITSTAMP:ETHUSD
by Tuned_Official
Ethereum Classic Unstopable ! Is coming 1240$ It is not an Investment Advice. The transaction volume is not decreasing. This is extremely important. We managed to turn the direction at $ 90. I said it in the comment in my previous post. ETH= 4440-4540-4740-4940$ the same time ETC=282-440-540-740-940$ this is my guess. We say wish. If we bought it again at $ 10-15. We collect between $ 0-130 just to avoid saying I wish. We do not have a purpose like selling, we are focused on Collecting at the moment. We are very happy with the thought. Winter is coming to for you // ETC Bears What is Ledger Nano and Unknown Wallet? I say to 1000$ , I am a little fund manager. I do not like to brag about old writings. But my Analysis holds 100% so far. I and my team are on duty 24 hours a day. We slap the slightest bear ever seen. Our job is to manage funds. We manage our Clients' money. In return for this job, we get 10% from 100%. We report and organize our Purchases and Sales Separately. We have no lost customers since 2013. There is something called Inflation in the world. States Print and Distribute Unlimited money. So why am I sharing this information? I share it so that people who buy Shit coin or pump coins, which are always making losses in the increasing market, do not lose 100 times when they earn 100 times. I am aware that I always give long. But while money continues to flow, who sells their goods cheaply? The stock market is a constantly evolving and news-hungry market. The market reacts to every bad news or comment. Reacts with every good news. Market prices are priced as expected. Don't be afraid of proven coins. ETC is in the bull market. It is important to increase the number in the Bull Market. You can not own money and become a Millionaire with 1 item.
COINBASE:ETCUSDLong
by TraderEtc
1
Is the ETC rising a coincidence? Win Strategy !!! %100The seeds of a crop are harvested. (12$) It is Planted in the Ground. ( 4$) It is watered regularly for 1 month. And it is observed that it grows. (7-10-14$) When it is seen growing, it is carefully sprayed and irrigation is continued. (19-21-28-36-41-51) Those who grow up early, of course, they are picked early. ( 25$) Watering is continued. and it can be seen that as time passes more and more fruit will be given. (29-33-44-52-69-101-141$) the more fruit ambition increases, the more watered. But it does not appear to bear fruit (179$) Before this tree grows in full, everyone will want to pick a fruit. (129$-141$-170$-190$-204$-214$-228$-236$-298$) After the tree grows, all of those fruits will be yours. 800-1000-1240-1340$ We will harvest and plant again. 400$-500$-650-700$ Collect early growing fruit strictly. I'm telling for friends who bought it for $ 180. Do not worry. They buy from below and lower the purchase price. Let them make a profit when it comes to $ 180. Our proprietary software, Tom, which is based on money entry and exit, has nothing to do with mark. It is a different type of analysis. The logic of work is very separate. But Tom de mark is the closest to our system. that's why I recommend. Those who are patient will always win. Don't neglect the stop-loss. We don't use it. But We are not afraid to do harm. Rest assured by entrusting your investment decisions to yourself or to Fund companies like Us. Do not lose money when you say I'm becoming a trader. Trust yourself and share your risk.! it is not investment advice.
COINBASE:ETCUSDLong
by TraderEtc
Ethereum price secures key support, recovery an uphill battleEthereum's sharp drop from historical highs of $4,400 did not find support above $4,000. The high gravitational force saw Ether explore lower price levels before embracing an anchor at $3,500. This support became crucial to the smart contract token by preventing losses from extending to $3,000. Similarly, buyers shifted their attention from $3,500 to levels above $4,000. Ethereum recovery gradually catches momentum At the time of writing, Ether has already made it above $3,800 and is trading at $3,820. The immediate upside is limited by the 50 Simple Moving Average (MACD) on the four-hour chart. Trading above this crucial level is vital for proving that recovery beyond $4,000 is possible. The uptrend seems to have been validated by the Relative Strength Index (RSI) on the four-hour chart. This technical indicator follows the trend of an asset and measures its strength. The RSI identifies overbought and oversold conditions. Despite the 20% decline, Ethereum was not oversold; however, the recovery from around 40 is a bullish signal. The In/Out of the Money Around Price (IOMAP) on-chain model shines a light on an immense seller congestion zone ahead of Ethereum. This region runs from $3,858 to $3,911. Here, nearly 21,800 addresses previously purchased approximately 6.6 million ETH. Slicing through this zone will not be a walk in the park; thus, the uptrend may be hampered. The model shows ETH sitting on top of relatively weak anchor zones on the downside. The formidable support runs from $3,344 to $3,459. Here, around 301,000 addresses previously bought roughly 2.2 million ETH. If overhead pressure rises in the coming sessions, Ethereum will likely dive toward $3,200 and $3,000 to hunt for a robust anchor zone.
COINBASE:ETHUSD
by CoinGape
1