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Etherium

Crypto Alt Season Top IdeaAssuming that we are in Wave-5 of the larger Wave-5 of the bull cycle, it appears that an ending-diagonal Elliott-Wave is playing out. Because Wave-3 is smaller than Wave-1, we can say that Wave-5 cannot exceed the length of Wave-3 at the 2.03T resistance, as Wave-3 may not be the smallest wave. This aligns with the full 4.236 Fibonacci Extension target of the 2018 bear market, I am expecting a nice rally for some coins that haven't moved yet, and then a major crash in the short to medium term. (the 2 white lines are clones of Wave-3's length, logarithmic scale distorts the sizes)
CRYPTOCAP:TOTAL2Long
by cardano4google
Etherium 50% trade before DecemberHello all. Etherium is taking a dip as predicted in my previous analysis. The buying levels still stay the same and look even more realistic as we are seeing this correction. Etherium looks very strong despite the drop as we remain in the RSI over sold territory, and as of today still above previous ATH. The 50% trade plan is demonstrated on the chart above and is as follows: Entry at fib gold levels at around $3500 at the ascending line of support after confirmation that the drop is over. The short term target for this trade will be at $5400, the top of the ascending line of resistance. Thanks for reading, and let me know what you want to see next in the comment below. Enjoy.
COINBASE:ETHUSD
by EdgarTigranyan
2
One last correction before $6000Hello all. Etherium broke bearish out of the symmetrical triangle and as we predicted in the previous post, today it hit the measured move at $4200. Nothing to panic. Instead, be ready for eth retesting the bottom of the rising channel as indicated in this post which will put as around $3600- $3300 range. The bottom of this channel also corresponds with the support level. RSI remains in the oversold territory which again makes eth very bullish. treat this correction as your black Friday sale for etherium and load the bags. it will bounce either after retesting the daily 50 EMA or the bottom of this channel. The move up should put etherum to a new all time high, at approximately $6000 at 1.6 fib level. Thanks for reading. Enjoy.
COINBASE:ETHUSD
by EdgarTigranyan
1
Chainlink ready for $48 according to these specific patterns.Hello all. looking at chainlink on a daily timeframe we have two patterns that are primed to play out in a very short time. first pattern is the ascending triangle which is a bullish pattern. The breakout for this pattern will put link at $48. Second, the cup and handle pattern gives us two possible breakout targets target 1 $40 and target two $48. both ascending triangle and cup and handle patters gives us a price target which also correlates with fib 1.6 level, again at $48. Overall Chainlink remains bullish as it trades in this yellow rising channel, above the 50 EMA, and gets very close to braking out one of these patterns as there is little room left for consolidation. Thanks for reading. Enjoy.
COINBASE:LINKUSD
by EdgarTigranyan
3
Could we possibly revisit $2800 Hello friends. Today we saw a small correction which put us back into the ascending triangle; while a week ago we broke out of this pattern and were on the go to $5750 which would also correspond with fib level 1.618. I believe this could be the final shakeout and we can go as low as $3600, and retest the up-trending channel. My realistic prediction for this week is that we can retest previous ATH at $4200, where 50 EMA can provide support, and bounce back up. The market is still very strong despite the noise, and the RSI remains below overbought line. Hope this help, and thanks for reading.
COINBASE:ETHUSD
by EdgarTigranyan
ETH - CONSOLIDATE BEFORE PUMP? OR NO?Hey guys. This is just a look at ETH on the daily chart. ETH definitely has the juice for some powerful blasts but I think we MAY consolidate first for just a bit. I'm definitely not as confident in this idea compared to some others as most of the indicators really don't help as they are all stuck in the middle "decision zone". THERE IS the possibility that it pumps up to just about 5K and THEN consolidates between the 4.5K-5K area instead. With more time, I imagine the data and indicators will be more clear and we'll have a better idea of what's going on. I'm DEFINITELY BULLISH on ETH for the rest of this market cycle which I think could carry on into next year. I think all of the "end of the year" forecasts will be irrelevant because I believe market cycles are lengthening! Over time I think that more people will agree with that opinion. The consolidation pattern is based off of fractals and previous bar-patterns. I haven't made a chart for ETH since the previous ETH Inverse H&S pattern target of $4500 Which played out EXCELLENT! (link below) So here is a new chart and as always I will make necessary updates so make sure to set alerts to notify you of updates. If you like this idea please LIKE, FOLLOW, SHARE. It's all appreciated. Thanks for everything. I welcome all feedback and comments (unless they're UNNECESSARY AND NEGATIVE, that's not what I'm here for) *** As always, This is NOT FINANCIAL ADVICE, This is just an idea based off of my research and experience studying and trading cryptocurrency. I ALWAYS RECOMMEND doing your own research before investing in anything. ***
COINBASE:ETHUSD
by Mboersma0324