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Ethereumlong

ETHEREUM POSITIONED TO BREAK ATH BETWEEN JAN 11-17 - EYEING $2K+Sup winners. Latest update on ETHUSD - looking at price ranges for when ETHBTC will be reaching the top of its channel (between Jan 17 & Feb 8). In that time period, we should see ETHBTC arrive between 0.05 and 0.06. Based on the current channel it's in, we can presume that Ethereum will break its previous ATH within a ~week of today (1/6/21). Beyond that, Bitcoin's performance will indicate how long and how high ETHUSD will reach. See my golden dorito. I am looking at $1740 on the low end and (hold onto your undies) $3415 on the high end. Is $3415 likely? No. That would require Bitcoin to rally up to ~~ $57K. Impossible no, unlikely very. Somewhere above $2K is where my eyes are set. Again, assuming Bitcoin remains flat around $35K we can project our Ether price points: .06 x $35K = $2100 .05 x $35K = $1750 However, we have a few bullish checkpoints coming up: - Layer 2 Phase 1 launch onto mainnet January 15th, which should greatly help reduce gas fees and bring more activity to the network should it go smoothly. - CME launching Ether Futures on Feb 8th -- more visibility and action for institutional cash - Blue wave in the Senate with GA outcomes, and with that, any additional exorbitant federal stimulus plans emerging could very well also boost the crypto market as the dollar weakens, inflation ramps up, and investors look for assets to defeat said ramping inflation Hodl your bag it's only going to get heavier. - EK69420
POLONIEX:ETHUSDLong
by etherking69420
5
ETH Buy a break setup.Ethereum - Intraday - We look to Buy a break of 1061.3 (stop at 1018.8) The trend of higher highs is located at 1190. Daily signals are bullish. We look for gains to be extended today. There is no indication that the rally is coming to an end. Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. Our outlook is bullish. Trading volume is increasing. Our profit targets will be 1188.8 and 1274.4 Resistance: 1060.0 / 1100.0 / 1150.0 Support: 1000.0 / 980.0 / 950.0
BITSTAMP:ETHUSDLong
by Signal_Centre1
4
ETH-4h. Buyers are preparing to update the historic high!ETH investors received a nice gift over the weekend. Raising the price by almost 60% , buyers easily broke the critical range, which we wrote about in the previous idea - $800-840 . Having set a new local high of $1162 , buyers felt resistance in the range of $1123-1156. In the 15-minute timeframe, you can clearly see how the volumes started to increase in this range and the sellers easily turned the price. Thus, the ETH price went beyond the growth channel and is preparing for the main sale - the $1260-1350 range test . Breaking this range, ETH will update its historic high. The critical point for this growth scenario is the $840 mark . After breaking it, sellers will quickly lower the price to $750. our ETHBTC idea: ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
13
Ethereum on the verge of Parabolic moveBITFINEX:ETHUSD Ethereum and the rest of the Altcoin market is on the verge of a 2017 like parabolic move. The purple fractal that is overlaid is the 1W BTC/USD chart, and as you can see Ethereum has always mimic'd the moves of big brother bitcoin, so i expect a move similar to the blue fractal on the chart to play out in the coming weeks. This would reflect the recent parabolic move Bitcoin has just about completed, setting up a altseason rally in tandom with the fractal to support my analysis. In addition, this channel should trade well and shows that PA is at the very bottom near support, putting a test of the channel top at about $2250 in the future. - PennyBags
BITFINEX:ETHUSDLong
by PennyBagsCapital
1
2021 Outlook - Ethereum (ETH)Sharing my forecast Best estimate The best estimate ETH Price I'm looking at is $$3,501.73 using Compounded Annual Growth Rate (CAGR) or 2.618 fib level. Computed as: 2020 Closing Price x ( 1 + CAGR) = $737.80 x ( 1+ 374.62%) = $3,501.73 Conservative estimate That's the height of the triangle and put that at breakout, and that's approximately $1,931 or that's fib 1.382 area. Worst estimate Worst case scenario, I'm looking at previous low of $100. Risk reward ratio seems attractive at 4.33. Disclaimer: Trading and investing have risk. DYOR. Trade Cautiously.
COINBASE:ETHUSDLong
by cautious_trader888
4
Ethereum still bullish!!! At the moment, looking this chart we see that Ethereum still bullish in Daily specifically. So guys, at the moment, putting any short position it's not be reccomend because the trend it's your friend and many people have problem to know it. As we see that Ethreum formed a bearish rising wedge in H4, notice that we can't to entry short for what we think, did you know, based in our plans becuase if we see any short position, Ethereum need to break down the the $690 USD to consider a short position toward the $622 and $585 USD targets to consider any short position The only update it's to change the break even at $695 USD
COINBASE:ETHUSDLong
by harisonhbn9718
ETHBTC - Present Day: Bottom of Cycle, Beginning of RunETHBTC is in the gutter.. But the good news is it can't get much worse! During 2020, we saw a pattern of when ETHBTC topped within its growth channel. The 1st gap was 150D The 2nd gap was 200D (1st gap x 1.33) The 3rd looks to be.. 267D (2nd gap x 1.33) -- WOWOWOW As we look to see when this next top will happen, we assume that ETHBTC is currently near the very bottom of the growth channel. It's been stuck in a downward slope for a little bit, but we can determine the bounce angle for that downward to slope to determine the trajectory of the bounce. From that, I just fit a growth curve to hit each of the previous low candles. Wouldn't you know it, it makes another W. It's like it's a pattern or something. Even though BTCUSD faces a price correction, and ETHUSD will probably follow with it.. this is a good mid-term buying opportunity. Ethereum has hit plenty of ATH's in usage rate metrics this year, its ETHBTC has been suppressed while BTCUSD has seen gains of 20% past its previous ATH. It's only a matter of time before we start seeing some massive gains for Ethereum itself. I think a .06-.07 ETHBTC by Memorial Day is conservative.. with Bitcoin forecasts pointing to ~$30K by then, we'll be looking at $2K ETH by Memorial Day. Weather this storm and reap the bennies later, time to begin accumulating again! Don't listen to me. I'm an idiot sandwich. #notfinancialadvice. EK69420
Long
by etherking69420
3
ETHEREUM - Intraday Update - 12/09/20 (Short-term)ETHEREUM - Intraday Update - 12/09/20 (Short-term) Outlook : Expecting ETHEREUM to recapture its $637.90 high and beyond. Breaking above $595.50 is the next upside objective for the bulls. (Fist a Bullish Evidence) Analysis : The break above $637.90 signals the second wave consolidation is complete, and the move puts ETHEREUM back on track to challenge the next upside hurdle. The bulls are in control while $480 - Wave ii - stays intact as support. Bottom Line : A third wave rally is in its early stages. Subdividing higher within wave iii of (iii) Note : Prices can vary between ETHEREUM exchanges. Consequently, there may be differences in our chart prices due to different data sets. Our analysis is for information only. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.
BITMEX:ETHUSD.PLong
by ferGOD
Ethereum seems to be going back to the drawing board Ethereum is on the verge of a breakdown to $500, mostly if the support at $540 fails to hold. The bearish outlook will be abandoned if Ether closed the day above $540 and perhaps reclaimed the ground past $560. Ethereum is in the middle of a retreat that could soon touch $500 following a failed attempt to recover to $600. The flagship altcoin is teetering at $545 amid fresh declines from the recent rejection at $580. Ether might complete the bearish leg to $500 if a crucial support area is depressed. Meanwhile, the descending channel’s middle boundary on the 4-hour chart seems to be holding the fort, allowing bulls to flex their muscles. This zone, in conjunction with the immediate support at $540, must hold to ensure that potential losses to $500 are averted. The downtrend momentum appears to have been validated by the Relative Strength Index, especially now that the indicator is dropping fast towards the oversold area. An increasing volume suggests that the bearish pressure would be felt more because massive sell orders are likely to come into the picture if ETH breaks below the above-mentioned support levels. The 200 SMA at $530 recently functioned as a key barrier and is likely to do the same. However, if declines stretch past the zone, the next tentative buyer congestion zone is at $500. For now, the least resistance path is downwards until Ether embraces robust support, strong enough to support a rebound. It is worth noting that, the bearish outlook will be invalidated if Ethereum defends the immediate support area. Upward price action might push ETH above the channel’s upper boundary. Trading beyond $560 is likely to encourage more buyers to join the market, thereby pulling the price to $600. Ethereum intraday level Spot rate: $544 Relative change: -14 Percentage change: -2.5% Trend: Bearish Volatility: Expanding
COINBASE:ETHUSDLong
by CoinGape