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Etherium

Etherium 20% soon. Buy at $3700Hello all. Etherium went up 20% today, breaking the yellow resistance line and forming a broadening wedge pattern. The current eth price sits at $3650 which is the top of the resistance of the broadening wedge pattern (indicated by the purple lines). This patten is a bearish chart pattern which makes me believe that ETH is due to a 20 % drop, the bottom of the channel. This level is approximately at $4000. However i believe that we can even see $3700, which will only make the move up even stronger. For long entries i would start buying right at the range where the ascending support line sits around $3700-3800. I believe this level is strong enough to withstand the drop. RSI on daily and also on the 4 hour chart is super over bough which is another reason we will have the drop. Don't buy yet, and set up your buy orders as i show in the chart. Thanks for reading, and stay tuned. Enjoy.
COINBASE:ETHUSD
by EdgarTigranyan
8
Etherium great buying opportunity at $3600Hello all. As I predicted earlier, Etherium is now heading towards the $3650-$3700 levels where I see the best entry positions for Etherium. This levels sit exactly on the ascending support line and I have been calling this levels in my previous charts. Check them out in the link below. Today's drop below $4100 level was a confirmation that we will see etherium revisiting the $3600-$3700 levels. Etherium went below the green rectangular box and the VPVR point of control zone, a very key support. Currently this key support changed its role and become a new area of short-term resistance. $3600-$3700 level is also the bottom of the descending channel which is indicated in orange color. In the link below you will also see that this buy level corresponds with the fib gold level. Don't miss this trade. Thanks for reading, and stay tuned. Enjoy, and Happy Thanksgiving. Find all of my previous Etherium analysis here: www.tradingview.com
COINBASE:ETHUSD
by EdgarTigranyan
75% Etherium trade incoming, But Don't FOMO in just yet.Hello All. Looking at Etherium chart on the daily, we can see that the stochastic RSI remains in the over sold territory despite the fact that etherium is trading in the downwards channel. The $4400 plays a strong resistance but i think we will break it and go to 4600 range. However, the volume is not enough to go for ATH yet. Here is the plan. We are still waiting to see ETH below 4000 and looking for buying opportunity around 3500 and 3600 rage. Here is why. The FIB golden pocket and the ascending line of support sit exactly at 3500-3600 levels. There is also tremendous amount of people waiting to buy eth when we go towards these levels. Entry at 3500-3600 will get us 75% profit once we hit fib 161 level which sits around $6200 range. Another trade with the same entry and a sale at 5100 will get us a 40% profit. Don't buy Eth yet. wait for the final correction. We will see 4600 most likely but then go back down and test 3600. We will see new ATH by the end of December. Thanks for reading, stay tuned, and remain patient. Enjoy.
COINBASE:ETHUSD
by EdgarTigranyan
Etherium super bullish. $6200 incoming.Hello All. Etherium is showing strength as it bounced off of the fib gold level at around $4000 and at the bottom of the descending channel. All percentages are measured from the time i am making this post Etherium is currently braking the previous all time high zone once again. We are looking to turn this level as support on the 4 hour charts, short term, and close the daily candle about the $4400. despite the strong rebound, the stochastic RSI still remains in the over sold territory which is another strength indicator. Short term, looking to hit $4570 level by tonight which is the top of the descending channel's line of resistance. Long term, we are looking to go towards my 15% mark which sits at the top of the ascending channel's line of resistance. Next target after that sits at %6200 which is the fib 161 level. This is the 40% target Thanks for reading and stay tuned. Enjoy.
COINBASE:ETHUSD
by EdgarTigranyan
1
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