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Ethereumusd

ETHEREUM: $800, AN IMPORTANT SUPPORT!!!What's up amazing traders? Welcome to my ETH weekly update. In this chart, let us do some backtesting and relate the present scenario. Back in Dec 2016, ETH was ranging between $6 to $8 and indeed it was the last time we saw ETH that low. Then ETH exploded with a whooping gain of 25000% which was insane. From a single-digit dollar ($6) to a four-digit ($1529) was incredible. Imagine buying 100 ETH at $6 investing $600 in total and then selling it at $1500. You would have a net worth of $150,000 ETH within 400 days. Crazy isn't it? Now, this was not the only time ETH gave an opportunity like that. Soon after the $1500 rally, ETH dumped and dropped up to $79 (Dec 2018) which turned out to be a great opportunity to fill bags with ETH. From $79, ETH rallied up to $4951 which was a 5543% gain. Now imagine you buy back 100 ETH again at $100 investing $10,000 (a 7% of $150,000) and then selling it at $4500. You would have made a mind-blowing profit of $450,000. All these rallies took place within a span of 2-3 years. After comparing these two scenarios with the present scenario, we can see that ETH is once again falling back to the same lower trendline from where it bounced back and made historical rallies. The question is whether ETH will follow the past or this time it will crash down below the historical trendline? Well, with the big news like ETH 2.0 coming in, the RSI at the oversold level, and the price close to the support, it shows a positive rally coming soon on ETH. I will consider a bounce back from the support and if ETH breaks down below the support then it will be a clear sign of exit and buy back low. What's your thought on this? Let me know in the comments. Do like and follow for more updates. Thank you.
BINANCE:ETHUSDLong
by Dexter_The_Trader
6
ETHEREUM: CAN THIS BE THE BOTTOM???Welcome traders to the ETH update in 3 days timeframe. This update is the continuation of my previous update. ETH got rejected from support 1 and went straight to support 2 level, where the price is stuck. This will be crucial support for ETH cause if it fails to hold this, ETH can drop up to the $1k level where we have support 3. With the big news like ETH 2.0, the recent dump is quite disappointing. Many altcoins depend on the ETH ecosystem and overall its BTC which drives the market. If both the giant coins like BTC and ETH dip then we can expect the other altcoins to follow. We can't be 100% sure that this is the bottom but we can look at the probability. If ETH is able to hold this support 2 level then we can expect something positive coming in. Until then we better wait for the close. What is thought on ETH? Do you think there is still room for ETH to rally higher than this? Share your ideas with me. If you like this idea then do like and follow for more. Thank you.
COINBASE:ETHUSD
by Dexter_The_Trader
6
ETHEREUM: HITTING THE RESISTANCE.Hello traders, Ethereum has rallied 10% so far after getting close to the support level of $1700. It's good to see the market making some greens but we need to be vigilant especially when the market turns green all of a sudden and the RSI is making a similar move (overbought) in all the charts in lower TF. As we can clearly see that ETH is reaching the resistance of $1940 to $1950. With the RSI reaching the overbought zone, it is likely possible that ETH may get rejected soon. On the other hand, if BTC breaks out and sustains the daily close above the resistance then things may take a positive move. Trade safely.
COINBASE:ETHUSDShort
by Dexter_The_Trader
2
ETHEREUM UPDATE: ALERT!!Hello traders, Here's an update on ETH in 3 hours timeframe. ETH has been rallying under the $1900 to $2000 range for the last couple of weeks. Could it be a high time for ETH to rally higher or will it drop down further low? Usually, after a big drop, a sideways pattern, a falling wedge pattern, or a rising wedge pattern is considered bullish or bearish depending on the favor of the market. What I personally observed is whenever the market has made this move, it has fallen further down. The current ETH chart is close to the support line. If ETH breaks and closes below the support level then I am expecting a drop up to $1700. For a higher rally, ETH must bounce back and break above the resistance level. As I said in my previous, it is better to wait for confirmation. Trade safely.
COINBASE:ETHUSD
by Dexter_The_Trader
ETHUSDT (24/05/2022)Posible movements for ETH??? In a few months we are going to resume the technical analysis of ethereum as well as include a lot of new analysis of structures or classic graphic models and studied by different theories. In the coming months and for the following year we will include the most outstanding and interesting altcoins in our studies page, as well as broaden the geopolitical and energy vision and consequence with raw materials, banks and large capitalization companies.
by AVNGL01
ETHUSD Daily Updated Thoughts 5/23/22Price has almost reached the 2.618 level of a major Fibonacci circle area As price reaches this level within the apparent downtrend, a breakdown may ensue vertically along the blue circle After this event a prompt recover will follow, and this is when I believe the bulls will return in force. Trend line drawn horizontally against 2.618 shows a double bottom formation which further emphasizes a bull rejection Other patterns on the chart include a Rising Wedge which shows a clear top point Price (bars pattern) placed around the 2.618 area are just estimations, the main takeaway is a recovery at 2.618. Daily chart I am long Ethereum
BITFINEX:ETHUSDLong
by Bixley
4
Jamie Gun2Head Trade: Selling Ethereum Trade Idea: Selling Ethereum on a bearish flag pattern Reasoning: bulls struggling to regain control, a break coming? Entry Level: 2026 Take Profit Level: 1783 Stop Loss: 2166 Risk/Reward: 2.7R Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
COINBASE:ETHUSDShort
by Signal_Centre
1
Ethereum: Can we start going higher?!!Ethereum Intraday - We look to Buy at 1933 (stop at 1717) The downtrend seems to be slowing down. Preferred trade is to buy on dips. With signals for sentiment at oversold extremes, the dip could not be extended. Our profit targets will be 2449 and 2600 Resistance: 2200 / 2400 / 2600 Support: 1900/ 1700 / 1500 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:ETHUSDLong
by VantageMarkets
2