Ethereum sell a break setup.Ethereum - Intraday - We look to Sell a break of 3038 (stop at 3131)
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Further downside is expected, however, due to the strong support below we prefer to sell a break of 3050, which will confirm the bearish sentiment.
Short term bullish momentum has stalled.
A lower correction is expected.
The medium term bias remains bullish.
Our profit targets will be 2777 and 2717
Resistance: 3200 / 3300 / 3400
Support: 3050 / 2950 / 2900
Ethereumusd
Why Log charts can be helpful in the crypto marketAs you can see, previous peaks almost disappear and become irrelevant as each new bull move occurs
Log charts provide a more detailed perspective of price action
Its crazy to think ENJIN could be $140, if that $140 price was hit, would tower over the current peak which is already massive
$ETH - Complacency Shoulder or 10K?$ETH - argueably the strongest asset on the crypto market rn, just look at the amount of up candles on the daily with virtually no pullbacks
But, now we are coming into the OTE of the huge downmove
The downmove which never actually broke weekly structure to the downside, only the daily
Thus we can look for shorts within these Daily Bearish Order Blocks, which is overlapped by a 3D OB
I will not be blindly shorting though as the asset is so bullish into the sell area
Any triggers though and I think we could swing down to the MO and D OB that overlaps it depending on how BTC plays out
If we get though the first D OB, I wouldn't be too surprised and a long of the retest into new ATH's could really be the play
ETH 2.0 coming on smoke
Ethereum buy a break setup.Ethereum - Intraday - We look to Buy a break of 3202 (stop at 3118)
The previous swing high is located at 3190.
We are trading at overbought extremes.
There is no indication that the rally is coming to an end.
A break of bespoke resistance at 3200, and the move higher is already underway.
Our profit targets will be 3448 and 3498
Resistance: 3200 / 3400 / 3500
Support: 3050 / 2950 / 2800
Ethereum Head and Shoulders Potential Short!Ethereum is potentially forming a head and shoulders pattern. The neckline is at 2660, so if price breaks below this level with strong volume, I will consider taking a short. The technical price target is at 2555. If price doesn't break below 2660, then I wont be taking a short.
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Ethereum is very close to a resistance level, don't miss it ❗❗❗Ethereum has been rising for about 2 weeks now, rising almost 60% from its low. But there was no correction or consolidation during the rise, the market cannot grow forever, it needs to gain strength to grow higher.
Ethereum is now moving along the trend line. The market situation is uncertain.
Let's look at two possible scenarios:
a) The price breaks its trend line and goes to the area marked below.
b) The second scenario is that the price rises to resistance squeezes near resistance, breaks through, and goes up.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ETHEREUM: bulls forwardTechnical analysis of Etherum
As part of the steep rally from the central support zone at USD 1,700 / USD 1,730, Ethereum (ETHUSD) was able to overcome the several-week downtrend line and then the horizontal resistance zone at USD 2,410. This means that the price targets we had set in the event that the USD 2,050 mark was exceeded have not only been achieved, but have already been exceeded. The sustained overcoming of USD 2,410 led to a further brightening of the technical starting position. The price is currently in a relevant resistance zone in consolidation mode below the last marked 8-week high at USD 2,699.
In consolidation mode
In view of the overbought technical market indicators, the breather could extend in terms of time and price. Below the previous consolidation lows of $ 2,507, we would consider at least a test of the $ 2,410-2,464 zone likely. Below that, there would be short-term downside risks towards USD 2,317 and USD 2,108-2,151. Only below the latter support region would our preferred scenario of further rising prices be called into question. It would ultimately be negated with a slide below USD 1,997.
Where is the journey going?
The central resistance zone at USD 2,847-3,000 is currently acting as a possible target price on the upside. Pricing confirmations for an advance on this hurdle would be in a rise over the next barriers at USD 2,641, USD 2,666 and USD 2,699. From an opportunity-risk perspective, however, we prefer new investments into price weaknesses.
Note:
Despite careful analysis, Global Investa accepts no liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
MA"s Time Spent 'Open"In this comparison we have GOOGL and ETHUSD
I like to call MA's open when the three (50,100,200) are spread and free to move upwards
We can see GOOGL has been 'open' (in its most bullish state) for 10.5 years
Correlating this with price, it is obvious that this is the most bullish progression of price
We can also see ETHUSD has only been open for 154 days .
This is the first time in ETH's history that the MA's have been in this state
I expect bullish results, very bullish results
Ethereum Price Leaps To $2,600 Ahead Of The London Hard Fork
Ethereum price gains traction during the weekend, trading above $2,600.
The much-awaited Ethereum London hard fork upgrade is expected to kick off on August 4.
Ethereum must settle above $2,600 to avert a potential retreat to $2,400.
Ethereum price gained abandoned the bearish calls to $2,000 late last week and posted incredible gains over the weekend. The pioneer smart contract token had initially been capped under $2,400. However, its downside had also been protected by an ascending channel’s lower boundary. This line of support put Ethereum in the trajectory for gains above $2,400.
The bullish leg extended above $2,600 and briefly touched $2,700 on some exchanges like Coinbase. A minor correction came into play with Ethereum slicing under the ascending channel’s middle boundary.
At the time of writing, Ether is trading at $2,560 amid a renewed effort by the bulls to fight for another take on the seller congestion at $2,600 and $2,700.
Ethereum Price Upswing to $3,000 Seems Imminent
It is the bulls’ priority to establish higher support for Ethereum as soon as possible. Perhaps holding above $2,500 will keep the focus on $2,600 and $2,700, respectively. Note that another break past $2,600 may trigger more buy orders as Ethereum soars to $2,700 before making hast toward $3,000.
From a fundamental perspective, Ethereum is at an optimum point to rally. Investor sentiment keeps improving ahead of the Ethereum London hard fork. This key upgrade encompasses the EIP-1559, a proposal that will see network gas fees significantly brought down. In a way, the prevailing exploitative gas fees have made Ether less competitive. However, with the barrier out of the way, Ethereum can rise to higher levels.
On the flip side, holding above $2,500 is crucial for continuing the uptrend to $3,000. However, if broken, bears will gain momentum and push the price to $$2,400. Massive losses will be triggered if sellers surmount the bulls’ at this level. Other support areas to keep in mind include $2,200 and $2,000.
Ethereum Intraday Price Levels
Spot rate: $2,560
Trend: Bullish
Volatility: High
Support: $2,500, 2,400
Resistance: $2,600 and $2,800
Ethereum - BIG players make traps, but we know what to do. 🤯Ethereum rose 40% from its bottom in just one week.
The price broke the local top at $2,400, but it was a false break, after which the price corrected by 11%. The trendline formation is now clearly visible on the chart, Ethereum is approaching the local top again, at the same time we see traps, we can assume that the big players are trying to take out the sellers before going down.
If Ethereum makes a quick jump up, renews the local high, an additional good signal would be increased volume and then a false breakout, this would be a good selling opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ethereum buy the break of $2400Ethereum - Intraday - We look to Buy a break of 2412 (stop at 2346)
Pivot resistance is at 2410.
A break of bespoke resistance at 2400, and the move higher is already underway.
Prices have reacted from 1717.
Posted a Double Bottom formation.
Short term momentum is bullish.
Our profit targets will be 2596 and 2686
Resistance: 2400 / 2500 / 2600
Support: 2300 / 2250 / 2200
ETH Pump Potential - TopCapUsing the TopCap indicator for ETH we can see potential tops and previous tops
As you can see there is a massive discrepency between the ETHBTC chart and the USD chart
Suggesting there will be a second (2) up move for the USD pair to compensate
With ETHBTC's recent forming of a nice bullflag we could see some new highs for both pairs
I am long Ethereum
Monero and ETH - The TrendlineA new trendline can be drawn due to the recent bull rise in price, this includes the start of the initial bullrun, the middle of the bear market, and to right now. A common theme between ETH and Monero
A triangle can be drawn from the start of the initial bullrun to the trendline, and also another triangle can be drawn from the start of this bullrun to the trendline
Following this triangle the climb above started a ravenous bullrun in the initial scenario, is this going to occur again?
I am just observing and maybe have my charts skewed by the log scale but it does seem like a long term trendline
any feedback / personal observations would be nice
Bix
Ethereum to 10000$
- Despite i don't like ETH for my own reasons ( cheap creation of scams coins, unlimited supplies, fees outrageous, lack of scalability, etc.. )
- i have to admit ETH stayed strong, it was the first real token and his popularity never stopped to grow.
- ETH 2.0 is coming and the standart now is to make more scalables "Green" Coins.
- That said Ethereum is not the kind of project that can die, a strong community is behind and it's open source.
- Bottomed multiples times and get strongly supported by EMA300 (violin EMA) around 1750$
- Final Target 10000$ - 11,000$+
Happy Tr4Ding !