Etherium
Custom Precious Metals vs. Cryptocurrencies chartThis is a composite chart of Gold and Silver versus Bitcoin and Etherium. There is a fairly solid bottoming formation that could turn in to a cup and handle. This would be very bullish for precious metals. Fib retracement of 100% could return to a ratio of 0.39. This would be likely in a scenario in which cryptos continue to decline in value while precious metals continue to increase relative to the dollar.
To be able to play this market, it's best to have a way to easily move between top cryptos and allocated contracts of physical gold and silver.
Luckily there is such a platform. It's called Kinesis: kms.kinesis.money
and if you like you can read more about it here:
www.reddit.com
ETH/USD: correction upHi everyone! ETH/USD pair reached the level of support and now needs correction to the next resistance at the level of 3371. Point technical indicators to it.
Bought on 2540.05
TP = 3371.00
SL = 1758.77
Information provided is only educational and should not be used to take action in the market.
Etherium - Next stop $2662Etherium started falling massively yesterday although my Time calculations suggested today as a day of the first fall. I think Elon got something to do with it :) We can observe a beautiful Head and Shoulders pattern indicating that the bottom of that fall will be at around $2662 USD and that is where I'll be taking profits from my short positions. Everything looks and behaves very technically and is worth paying attention to. Similar situation on BTC.
CRYPTO INDEX ANALYSIS!After an aggressive bullish rally the CIX needs a consolidation. We recognize that the ascending trend line is now broken and its probable that the chart will fall to its previous high which was a resistance and now becomes a support for the chart.
Meanwhile the Fibonacci 0.5 line is considered to be the next supporting force for the chart which is matched to the previous high and the RSI indicator is in the "over-sold" area. These factors combine means that the end of the bearish trend is near.
But the tweets from Elon musk and other crypto magnates should play a crucial role in this volatile time of the market!
ETHETH - Reached an ATH and is overbought. Two Doji candles appeared before the bearish engulfing candle coupled with a lot of selling. It retraces to the $3500 levels, and buyers saw this as a good entry. The momentum slowed down but still above the VWAP and nine-day moving average. If ETH doesn't defend $3500, it can quickly see $3000.
ETH Targets and Exit plan 📣Hello Traders. Hope you are having a fantastic day.
Today I want to talk about ETH. As you can see ETH is continuously making ATH`s. What is the exit plan and TP`s?
Well as you can see, right now ETH is trading above the 2.168 fib level and weekly candle has closed above this level so ETH is extremely bullish right now.
Next targets for ETH are next fib levels as shown. First is 5k which is the 3.168 level and next targets are 5822 and 6339. So in my opinion you should keep
an close eye on those targets. Personally I think 6k+ is a good take profit point but you do you.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on ETH and don`t forget to comment what you think. ✌
#ETHBTC just broke out of this Patten. I40% Rally Incoming.Welcome to this quick update, everyone.
ETH broke out of the 995 days Long Resistance.
I believe 140% pump is incoming.
Just look at the chart it simply looks bullish.
CMP is .0495 and it can easily go from 0.10 BTC to 0.15 BTC in the next few months.
This chart will be invalidated only after a close below 0.037 BTC WHICH SEEMS HIGHLY UNLIKELY.
The first ETH CHart I posted was around .016BTC when I said it's gonna pump from there that and was the bottom.
It's currently 300% up from there.
I have been holding on SPOT from a very long time.
If you like this update do hit the like button and share your views in the comment section.
Follow me if you haven't yet
Thank you
#PEACE
ETH possible playoutETH / USD
Ethereum respected this channel since late dec 2020
Currently price is trading around middline of channel
I think we will have a bullish wave soon
either from middle line Support or bottom of channel
For a new position i think lower support of channel is more attractive to me if the market will give us opportunity
Good luck