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Ethereumlong

$ETHUSD - Eth 2.0 DilemmaHi guys! 👋🏻 🔔 Ethereum is ongoing a historical metamorphosis of it’s network transitioning from the PoW to the PoS consensus. To start the chain, the deposit contract should receive a total number of 524,288 ETH from validators, total 16,384 deposits (32 Eth each) by November 24. 🔔 So far the deposit contract address on a popular transaction scanner shows that only 50,401 Eth worth of $22,787,804.13. 🔔 Looks like ETH holders are still couunting on the soar of the ETHUSD and are looking to make profit from trading. 🔔 As seen on the chart, ETH/USD has formed a symmetrical triangle pattern. As a general rule, one should follow the price action of the pair and wait for a breakout from either threshold of the triangle. Since, the price currently is holding near the upper threshold, breakout could be confirmed anytime soon. 🔔 Key level to watch if the breakout from the ascending channel is confirmed is $477-$500, if the price breaks the lower threshold of the triangle, the price might as well drop to $431 and below that to $416. 🔔 Ethereum’s price surge was not mainly supported by the Eth 2.0 transition, although it played a significant role, but was rather backed by the weakening US Dollar and uncertainties in the market followed by the US Presidential Elections. The election is still not over and the tension still remains, especially over Biden’s stimulus plans and Trump’s lawsuits, hence the price of Ethereum might as well continue to grow. 🔔 The postponement of the Eth 2.0 launch may hit the price, hence I highly recommend you guys to stay up to date to the Ethereum announcements on November 24, it's only 2 weeks away and 10X ETH are required, achievement of which is under a huge "?" mark. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
BITFINEX:ETHUSDLong
by azizelliott
3
ETHEREUM - $ETH - Wave 3 - To the moon is too close, go beyond!WAVE 3 in progress! The best time to buy is now! I'm LONG / BULLISH position. I expect that ETHUSD will rise up. This would mean that ETHEREUM will gain more value against USD. What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION. No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things. Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong. If you want to win in this market, you need to be COLD and CALCULIST. To the moon is too close, go beyond!!! Well, keep you updated as this timely issue evolves. Good luck! #CRYPTO $ETHUSD #ETHBTC #ETH #ETHEREUM #ALTSEASON2020 #DEFI #DE-FI $BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP #altcoins #bitcointrading #BuyTheFear #BuyTheDip
Long
by ferGOD
ETH.USDT (Y20.P4.E9.v2).Looking to go longHi All, Just posting an update of the previous post which explains a whole bunch of things. Note the key points; > Resistance inverted barr trendline, still playing obstacle; > 21 WEEKLY (red) acting as support, as per BTC; > We have not confirmed the bull run until we break that trend line; > Weekly indicators are bullish; > If and when ETH breaks this resistance trend line, it is likely that it will out perform BTC; > I updated the horizontal resistance around 500 to potentially pull back; > Yes, we had a nice ETH rally but weekly ETH.BTC chart below tells us we are not there yet. > Note the BTC dom. chart, BTC is not dropping any time soon at the macro level, while the Weekly indicators still show upward pressure (previous BTCdom post). I have it either the 200 EMA on the weekly as resistance, 67% or the 0.382 fib level These are my thoughts. Cheers, S.SAri Close up view, not the Phoeix Green RSI is above grey energy, indicating very bullish. ++++++++++++ ETH.BTC pairing weekly charts ++++++++++++ Note the following: indicators > Downward pressure however the bottom trend line acted as support. Its possible it can be restested again. Note how we broke the 21 weekly EMA (red) and found the 50 EMA as support, hence the downward pressure. Until we get back the 21 EMA on the weekly, then don't go long with ETH against BTC. At moments like this, for nice bounces, if you can catch them, great. BTC dominance chart Note the black arrows. When BTC is going bullish\parabolic, it loses its dominance. When its going bearish at the macro, Dominance goes up. This is not to say it happens all the way through, you can see the impulses where flipping makes sense. Currently most ALTs are looking for a reversal but still not there. As per ETH.
by ssari
$ETHUSD - Possible inverted H&SHi guys! 🔔 Ethereum bounced back after testing of the dynamic resistance (upper threshold of the descending channel). 🔔 Bulls are not giving up and ETHUSD remains inside the channel which is a good sign. The wick of the last red candle shows increasing volumes of buy orders at these levels. 🔔 If you look at previous jumps on the chart, they all were preceding a large wick. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
BITFINEX:ETHUSDLong
by azizelliott
Most critical level for $ETHThe $305 - $370 level has been critical support and resistance since the largest altseason so far in May 2017, when bitcoin broke its all time high of $1200 and altcoins saw 10x - 500x pumps across the board vs USD Since that altseason in May 2017, ethereum has consistently come back to this range as support and resistance, recently confirming it as support We might well see another few weeks of altcoin weakness against bitcoin But eventaully the time will come where altcoins will outperform bitcoin. This is a when, not if. Greed is always there in the human condition and it will return, just as it did in 2017. We haven't experienced true greed for many years and many crypto traders have forgotten that feeling. All that is left is the footprints in the sand, the proof on the charts, the evidence that altcoins did indeed do 10x - 500x vs USD from March - May 2017. It happened before, therefore it can happen again. For the long-term holders of altcoins, the time will eventually come.
COINBASE:ETHUSDLong
by porterstone
Ethereum is Headed Towards $450!Ethereum is more than one week behind Bitcoin, as on the chart you can see that Ethereum is in a Ascending triangle formation, the same formation in which Bitcoin was last week. A good for the price to be in this ascending triangle is the fact that Ethereum is launching new version of it, called Ethereum 2.0 that will for example support token lockup. And this launch is expected to push the price higher, but there is still uncertainty so that’s why we can see such a pattern. But it looks like Ethereum is also in bull flag, but with more room to grow than Bitcoin, as the break of $395 mark, which is pivotal, can lead to a break up to $440 per one Ethereum. If this bull flag won't work out, I expect a move all the way down to $335 as a healthy retest of the uptrend line of this ascending triangle formation. Indicators. I. RSI is in uptrend, printing higher lows and highs. What we want to see is a break of a 60 RSI level in order to see some strong buying volume, just as before. II. MACD has seen a first strong buying wave and in an optimistic scenario, Ican expect two more buying waves (around 20 days) to be seen, if the level of $395 gets broken. III. 200 and 50 EMA’s are showing a clear strong uptrend with a lot of room for correction without impacting the trend. Ethereum can drop all the way to $300 and remain bullish. But not in a day, that wouldn’t be the best sign. So overall I am pretty bullish on Ethereum. Cheers, Tibor
Long
by TiborVrbovsky
2
We look to buy Ethereum at $360Ethereum - Intraday - We look to Buy at 365.2 The hourly chart technical suggests further downside before the uptrend returns. Bespoke resistance is located at 380.0. We look to buy dips. Current prices have reacted from a high of 380.0, however, we expect further gains to follow. Price action continued to range between key support & resistance (362.0 - 380.0) although we expect a break of this range soon. The bias is to break to the upside. Our profit targets will be 379.6 and 384.3 Resistance: 385.0 / 387.2 / 395.0 Support: 376.0 / 370.0 / 365.0
BITSTAMP:ETHUSDLong
by Signal_Centre1