Ethereum in a Falling wedge.The price of Ethereum has been spotted in a falling wedge pattern which has bias to break to the upside.
This pattern breaks to the upside even in downtrend as such. If this pattern breaks to the upside, it will be considered as a trend changing pattern.
The 4h trend is now a clear downtrend as the price continues to find resistance at 20 EMA.
RSI trend of lower highs, trend line resistance is active, however a bullish divergence is forming.
MACD is in what I call "unsustainable territory" and a move to neutral levels is expected. (0)
The most pessimistic scenario would be gains capped at $2500, which would prolonged the downtrend furthermore.
The daily time frame is very oversold and is calling for an oversold correction to the upside.
4h price action may print a nice Doji candle!
A quick word about the whole market, I believe a move to the upside will occur which will try to leave as many people as possible behind. Bitcoin is regaining it's dominance to don't fiddle with altcoins.
Good luck!
Ethereumusd
MY MINIMALIST CHART ANALYSIS FOR $ETHEREUM$ETHEREUM - ETHEREUM ON A DAILY CHART
5.25.21 1323H +8 PACIFIC
AN UPDATED ANALYSIS OF POST $BTC MAJOR DIP
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
USING RANGE BOXES AND FIBS (NO INDICATORS)
DISCLAIMER:
Run your Fibs at all times to verify
price action corrections and extension
levels. The Range boxes by themselves are
used as confluence to The Dynamics of
the Market.
Check pattern formations and candlestick
formations if you wish.
WARNING:
This is not a piece of financial advice
and is purely based on my personal trading psychology,
risk appetite, and trading strategies that are applied in real-time.
Forecast of Areas of Value is purely based on the plausibility of what the market can do
(corrections and retracements.)
I am just a student and still learning:
1) I am being trained to analyze as a minimalist and
with no use of indicators.
2) Only to open a trade on what I see
and to forecast what I think the market will do,
based on several factors it has done in the past.
3) I am being trained to SPOT and go for LONG SWINGS of an UPTREND.
I do not SHORT for the sake of THE DUMB-MONEY like me.
TRADE CAUTIOUSLY! YOUR INVESTMENT IS AT RISK!
ETH buy the dip.ETHUSDT - Intraday - We look to Buy at 2181 (stop at 2078)
The primary trend remains bullish.
Broken out of the wedge formation to the upside.
A bullish reverse Head and Shoulders is forming.
We look to buy dips.
We look for a temporary move lower.
Our profit targets will be 2478 and 2578
Resistance: 2500 / 2600 / 2750
Support: 2250 / 2150 / 2000
ETH The fall targets have been fulfilled, now we expect growthSo the future has come, and it turned out that our foresight for ETH turned out to be a cruel reality.
Less than two weeks have passed since the previous idea for ETHUSDT was published, and it worked out all the goals from below.
By the way, the idea of ETHUSDT was included in our top 15 correction forecasts for the last two months
Ethereum was drained by -60% - this is the average mark for the market, thin and less liquid coins were drained by 70-80+%
Now, in general, we expect an upward rebound in the crypto market.
In particular, for the ETHUSD pair, we expect a rebound to the $3000-3300 zone, where the longs should be covered and looked around.
What are your expectations and attitude for the next 3 months in the cryptomarket?
Share your Top-3 coins that were the most worthy on the fall, where do strong and confident investors sit?
and the crypto community will thank you with likes, maybe even donations)
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
ETH Buy a break setup.ETHUSDT - Intraday - We look to Buy a break of 3612 (stop at 3488)
The primary trend remains bullish.
Pivot resistance is at 3610.
A break of bespoke resistance at 3600, and the move higher is already underway.
Short term MACD has turned positive.
Our profit targets will be 3948 and 4048
Resistance: 3600 / 3800 / 4000
Support: 3400 / 3280 / 3200
Ethereum expected to touch 1500 levels.Although most cryptos had a major sell off the last week, this week doesn't look any different. I am sure the crypto markets will be picking up sometime soon, but not until lower prices levels are touched again. Ethereum could possibly hit 1500 in the coming week before it can start picking up again.
Ethereum, ETH - 57% drop😰when to buy?Price dropped 57% from high😱 Yesterday it was so big liquidation traders who have long positions. If the price comes back to 1950 - 2200, it will be the best zone for buying. The only spot)
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
ETH buy the dip.ETHUSDT - Intraday - We look to Buy at 2161 (stop at 2048)
The primary trend remains bullish.
We look to buy dips. 20 1week EMA is at 2150.
With signals for sentiment at oversold extremes, the dip could not be extended.
We look for a temporary move lower.
Our profit targets will be 2488 and 2787
Resistance: 2600 / 2700 / 2800
Support: 2400 / 2300 / 2150
ETH USD - Full analysisHere is the initial idea of what was sent to the VIP group.
hello analysts and traders,
Master Key for zones
Blue = Monthly
Purple = weekly
Red = 4 Days
Yellow = 16 Hours
Orange = Daily
Dark Green = 8 Hour
Grey = 4hour
Pink = 1 hour
This is the first publication for free regarding Ethereum cryptocurrency, this will be a full comprehensive breakdown using imbalances - on a multi time frame analysis with cross pairs.
A Note before reading - this is a forecast quick analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
Below are the monthly imbalances
Firstly using the monthly timeframe, this has provided two key zones of interests for long positions.
(i) the first zone has created a perfect early opportunity where price has firstly established a high of $143X dollars and retested the low - creating an inefficiency between the high and the low. Now from the low test - price has confirmed a strong imbalance where price can now target to create an equal high.
(ii) the second zone which marks an in efficiency - is between $200 - 490, where the monthly zone had created a bearish month - by creating a pathway from the bearish candle high, notice how price closed out the previous wick on the falling pattern back in July 2018. This is the key identifier which price has re-aligned creating a fractal pattern on the weekly.
where;
(i) A bullish fractal is created when the low point is established, with two higher low bars/candles on each side of it.
(ii) A bearish fractal occurs when there is a high point with two lower high bars/candles on each side of it.
Here are the weekly imbalances
Here are the three zones which are imbalances created in the past. Price is currently forming a weekly/monthly imbalance at this moment, however it is difficult to determine without a close. So longs are still activated in a buying pattern upon the long term outlook and short term outlook .
The first zone established - has been created using the previously created all time high from $1100 - $1400- the previous monthly wick has been closed out by the imbalances of the buyers and can become the lowest imbalance but also the strongest to identify where price will able to drop to in a bearish probable scenario.
the second zone is placed above - where price created a retracement from the high established.
Using the Fibonacci tool, price aligns to a low of 50% which touches the zone perfectly. This is a perfect pivot point to complete the overextension sequence using the weekly. [refer to chart ii ]
Chart ii
Four day chart
Price has established strong zones where price has created a bearish candle and price has reacted of this zone as expected - ultimately retesting the zone.
The upper newly established imbalance on the four day has created a retest opportunity.
Daily bearish scenario
With the daily chart also showing a possible probability of price falling to the $2500 level.
where;
1. - the confirmation of the imbalance on the newly established four day and weekly align.
2. price breaks towards the $3100-200 zone.
3. confirmation of this as a swap - to confirm the overall monthly sequence. price will provide $2500 as a buying imbalance.
8 hour
Below are the eight hour imbalances, start to notice when overlaying the price on the proceeding chart where price will lock in the same zones.
This is a fractal, where the same pattern will emerge in time frames, just creating a different formation to complete the pattern.
Cross pair analysis
Tracking the closest correlated coins . Ethereum, of course being the 2nd highest coin .
Key:
Bitcoin cash - Orange
Litecoin - Sky blue
Monero - Yellow
Stellar Lumens - Purple.
Using a line chart graph, you can distinctly find where price has shown a similar market structure using imbalances. Notice the pattern formation on the in the two current zones. the correlated assets are providing insights, respective to the pathway desired by price between the new imbalances.
All coins have , the extension pathway has created opportunities here to continue longs - where the weekly zones and monthly zones indicate the buying zones or profit targets for sellers in kind.
Do you enjoy the setups?
Professional analyst with 5+ years experience in the capital markets
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.
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LVPA MMXXI
Ethereum Classic Unstopable ! Is coming 1240$ 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.
Ethereum - quick updateENG Ethereum update
ETH is currently at about -15% from the ATH. ETH transaction costs are still too high. Right now at $50 per transaction. Yesterday at noon they were at $150 per transaction. This could cause problems for ETH to continue to rise. ETH plans to complete the London Hardfork upgrade of the blockchain by mid-July. This includes the EIP-1559 update, which is part of the London Hardfork project. The red lines in the charts represent the resistance that ETH needs to break through in order to continue rising. It will become critical if ETH falls below $3500!
D AT CH Ethereum update
ETH ist derzeit bei etwa -15% vom ATH. ETH Transaktionskosten sind immer noch zu hoch. Gerade jetzt bei $50 pro Transaktion. Gestern Mittag waren sie bei $150 pro Transaktion. Dies könnte Probleme für ETH verursachen, um weiter zu steigen. ETH plant, das London Hardfork Upgrade der Blockchain bis Mitte Juli durchzuführen. Dies beinhaltet das EIP-1559 Update, welches Teil des London Hardfork Projekts ist. Die roten Linien in den Charts stellen den Widerstand dar, den ETH durchbrechen muss, um weiter zu steigen. Kritisch wird es, falls ETH unter $3500 fallen sollte!
ETH buy the dip.ETHUSDT - Intraday - We look to Buy at 3606 (stop at 3496)
The primary trend remains bullish.
Previous resistance, now becomes support at 3600.
Bespoke support is located at 3600.
We look to buy dips.
We look for a temporary move lower.
Our profit targets will be 3936 and 4066
Resistance: 3800 / 4000 / 4200
Support: 3600 / 3400 / 3200
Let's discuss Ethereum (ETHUSD) Hey guys,
Let's discuss ETH.
What do you think?
Does ETH start going up again or will it continue its way down for a little while?
If it goes down more, how far down you see it?
Are you holding, selling or buying at the moment?
Here's what I think,
ETH will touch the support 3582.00 a few times before it rises again.
My first ideal target is 4330 - 4380
Best of luck to all you traders.
MY MINIMALIST CHART ANALYSIS FOR $ETHEREUM$ETHEREUM - ETHEREUM ON A DAILY CHART
5.11.21 0951H +8 PACIFIC
ETHER DUE FOR CORRECTION AT 3rd PINK LINE.
STILL BULLISH ON THIS
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
USING RANGE BOXES AND FIBS (NO INDICATORS)
Note:
Run your Fibs to verify
price action corrections and extension
levels. The Range boxes by themselves are
used as confluence to The Dynamics of
the Market.
Check pattern formations and candlestick
formations if you wish.
This is not a piece of financial advice.
I am just a student and still learning.
Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.
Postings are most often delayed, as it
takes time for me to finish several
assets in my portfolio.
Updates will be posted religiously if time
permits.