ETH simple weekly chart (bullish)ETH / USDT
🌟 Techincal Analysis🌟
Hi guys
Eth now looking extremely bullish on weekly chart
You remember we entered it early at 367$ long term trade and did until now 55% profit on spot alone 🔥😎
See my first idea here :
Now ...
Eth possible next moves
1 - retracment from area around 600$ to 480-433$
Then go in bullish wave towards 760$ (0.5 fib)and 900$ (0.618fib)
2- or pump straight from here to 700-900$ without deep correction
We will play on safe side if Looking for new entery position ..only if it retraced to the demand zone so we can open a new long/buy position
If you bought from our long term signal 367$ sell 50% and keep the rest
Good luck and happy trading 🌹
ETHEUR
ETH holders no worry as long as we are in..+ Eth new local high?Hello there
The chart is simple and infront of you
Since last march drop we see ascending channel formation
As long as we are in this ascending parallel channel eth holders are safe
You can see every time we down to the bottom of channel... Strong buyers 💪💪 come to defend this channel structure
There are some resistance located between 370-410
Once break it ...488$ this year local high is an easy target to achieve
Once break 488$ which is very possible to happen ..new local high is expected
***Important : Break and stability below ascending channel invalidated this idea
Ethereum- Sell ralliesThe rise in Eth price was more weighted than in Btc, and after 400 break EthUsd has risen 20% to around 480 recent top.
Now the price has completed and broke under rising wedge support and we can have a leg down towards 400.
I m looking to sell rallies in search of a 1:5 R:R for this crypto
Eth try to break Symmetrical traingle !Eth /usdt
🌟 Quick analysis 🌟
Eth Currently its try to break the symmtrical traingle
Break it upward now can push eth to recent high at 488$ or more
Very likely if eth retest 488$ it will break it this time and go to 500$ area
This can be a quick swing trade
We already in eth long term trade from 367$ since 10 October (1 month ago) remember this idea
I said eth will go and retest recent high soon
But if you are looking for a new entery will be only after break the upper trendline of the structure with small stoploss this can decrease the risk
Also candel closing is very important confirmation
Thank you and good luck
ETH/USDT (Consolidation Near Resistance)💎Technical Analysis Summary💎
BINANCE: ETHUSDT
-ETH tried to retest the 470s dollar resistance zone
-But failed to get above it, the good news is still consolidating near the resistance
-This is a sign of strength because the Bulls can sustain in this region
-I have highlighted the potential range trading zone for ETH for the next few days
-If Ethereum can starting building up new momentum or a base of support above 450s dollars
-Potentially, on the next attempt, it might a successful breakout above and go beyond 500s dollars
A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
Eth & Rsi price can go down restest support levelEth /usdt
QUICK ANALYSIS
Rsi is overbought reached level 70 at that level price drop alot before
You can see here the strength of that level
If that level failed to drop price we can expect it drop from the next strong one 90
According to fibonacci we can retest previous support levels around
0.5 (418$)
0.618(407$)
This is only early warning signs according to RSI
Make your plan before any trade
Do you agree ?
Support us by like and subscribe
ETH: Mini Alt Season Imminent? ELI5: "ETH 2.0" - FA & TAHello everyone, this is going to a small fundamental and technical analysis approach to Ethereum. We recently had a strong chain reaction from Bitcoin's price action to the upside, and Ethereum followed suit. We are currently possibly seeing the beginning (possibly being the keyword) to a new, small mini alt season that can start off with ETH. All things combined, many of the technical and fundamental analysis are now aligning that may be reducing the risk, and increasing the reward (Risk:Reward - RR) factor. Let me discuss the fundamentals first, before getting into the technicals.
Many of you probably are asking,
"Should I Buy Ethereum? Why is Ethereum is a Good Investment?"
or,
"What the heck is Ethereum 2.0? - when is it coming out?", at this point.
Ethereum 2.0 is the name to describe a series of updates to Ethereum to make Ethereum function a lot better - it's as simple as that. Making it even more simpler, Ethereum is the blockchain on which many different applications can run (are you still with me?). These applications are called DAPPS. What are DAPPS? DAPPS are decentralized applications. One of the biggest benefits of Eth blockchain is the smart contracts that allow an endless number of different applications to run on Ethereum.
Now, ETH 2.0 is the end game to increase scalability of the Ethereum Blockchain - one of the biggest technical problems within the cryptocurrency space. The updates will roll out in a few phases. In terms of scalability, it is most definitely possible for Ethereum to scale with the Ethereum 2.0 update that introduces sharding and Proof of Stake consensus mechanism - one of the most fundamental reasons 'geeks' are getting into this (Chad v. Virgin alt meme, anyone?). Ethereum 2.0 Phase 0 has now been formalized for launch at some time around Dec. 1. The deposit contract is live and can collect the necessary funds to trigger staking. The contract must collect 16384 deposits of 32 ETH each, a total of 524,288 ETH or about $200M USD, to proceed with the launch. This is why ETH is currently rising in price, hypothetically - or at least what we can assume.
Now to break it down, here are the three things that every investor should know from my point of view:
Decentralization: This is probably something you have heard of when entering the crypto space. ANYONE with simple consumer level hardware can become a validator - making it easy for anyone to join. This allows the Ethereum 2.0 blockchain to scale horizontally on a global scale.
Security: Many cryptocurrency incentives allow validators to enter and exit the network without disrupting it - which is kind of like cancelling your Netflix subscription without any problems.
Simplicity: Reducing the complexity but making it more secure. Can't really explain this any more simpler.
I believe Ethereum has an extremely good chance of being the number one decentralized application platform in the cryptocurrency space - beyond everything else. This is why you might always here Eth being the king of 'alts'. Especially with the upcoming Ethereum 2.0 Serenity upgrade, the future of Ethereum looks VERY, very promising. This upgrade will bring a massive boost in terms of scalability since many people will be able to run a staking node on their personal hardware. Yes, I know it sounds complicated. Vitalik has released an Ethereum 2.0 roadmap which refletcs and approximate view of what is in store for ETH 2.0 in the next five to fifteen years. The only thing that I believe you need to know as an investor is that it will change many aspects of Ethereum 1.0 (the current PoW version) such as gas pricing, client synchronization and fee policy - all of which are again, problems on the current blockchain.
Technical Analysis:
Ethereum has broken out of the current resistance, where many believed this was not going to happen. I personally, have taken a long on this; however, we are making sure that we transitioning into a bull market for alts, and we must be considering Bitcoin as the main catalyst, no matter what ETH 2.0 has to offer.
Eth/usdt breakout soon ?Eth have some strong resistance between 390-400$
Once break which expected to happen soon
We can see 440$ in short term
You can see my previous idea on eth/usdt in long term here published in 10 October
We already bought it at 367 and waited for more targets in long term
Do u agree or not share your opinion below
ETH/USDT (Testing Mid Resistance)💎Technical Analysis Summary💎
BINANCE: ETH/USDT
-ETH broke above the local resistance around 360s
-But the next key resistance around 390s remains strong
-If you are looking for Bullish entries
-ETH must break above 390 and pullback to flip new support
-If that plan plays out well, the upside target is the swing top at 480s
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
Ethereum Expected to hit $335.Ethereum - We look to Sell
We have seen this rejection of rallies again overnight with 355 becoming a formidable barrier.
However, with the intraday chart now highlighting l ower highs we are possibly forming a descending triangle pattern.
The bias is still for lower levels and we look for any gains to be limited .
Our outlook is bearish.
Support is located at 335 and should stem dips to this area.
Short term MACD has turned negative .
Short term RSI has turned negative .
Resistance: 347.0 / 352.0 / 358.0
Support: 345.0 / 340.0 / 334.0
Signal Centre
(ETHEUR) Ethereum Fractals: €905 or €188?ETH has broken away from it's 2017 fractal structure, now suggesting a return to the norm of the VPVR point of control around €188 ($221) may be in play. Expect the 150 MA at €274 ($322) to be defended if price falls lower, as well as the old resistance level of the 2-year long resistance trend-line, followed by volume and long-term moving average support within the €181-204 support level ($213-240).
Either way, a 67% retracement from recent higher highs wouldn't be out of the question, as it would still confirm a bullish long-term structure of macro higher highs and higer lows over a 20 month long period. Neither would a 3x from the current level of the 0.618 fib retracement to the 2.618 fib projection.
If price breaks down from the neutral zone, it's also likely that it won't complete the 2019 winter fractal, instead finding long-term support from the VPVR point of control as well as 50 & 100 Week MAs, that represent median prices from the past 1-2 years approximately.
This is no time to be going short imo, only to be eyeing up the dip. October vibes are telling me to be patient before longing any more ether.
Bitcoin dominance continues to consolidate at the lows around 60 in a bearish manner, but ETH remains in no mans land.
Altcoin Speculation Coming Soon...
Altcoin Dominance Eyeing Up A Breakout to 40%
ETH/BTC (Daily Downtrend?)💎Technical Analysis Summary💎
BINANCE: ETHBTC
-Ethereum has seen weakness after creat two Lower Highs and Lower Low
-We can also see a trendline resistance keep the Bears in control
-If ETH will keep pushing down, the potential strong support is at 29k-28k sat
-But if the trendline is broken up, I recommend to buy the breakout or pullback
-The price could revisit the 41k sat region
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
ETH/USDT (Upward Trendline Still Valid?)BINANCE: ETHUSDT
-Ethereum tested the upward trendline of support
-We saw a good bounce from 307 up to 391 dollars
-So the uptrend still valid during this time
-But the Bulls must defend the local support around 330 dollars
-Where the trendline coincide and the 100D dynamic support
-My Daily period bias is still with the Bulls
-As long as this trendline of support is holding
-Long position traders will definitely have stop loss below $305
-And targetting the recent swing top at 489 dollars
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**A little help by supporting my Channel
**Through leaving a Thumbs Up, Comment & Follow
**Happy Trading! --> Thank you! :)
ETH retracement to 325+ EUR then back to realityHi, just as simple as I could explain, we are in middle of retracement which has only one purpose, to make retail investors forget about the downtrend and start thinking that bull run resumed.
How I trade this:
- I entered long around 300 EUR
- Will Hold my ETH until 325+, then go full cash and wait for short opportunity.
- I expect few big spikes to lead around 325 even 330, but just to fill the orders of the shorters and big players.
Concerns:
- Retracement could end even faster if BTC cannot move above 10.4-10.5 in near 1-2 weeks.
ETH: Short Term Relief Bounce Possible - Bullish RSI DivergenceHello Traders,
We are ready to introduce to you a new possible long idea that may be worthwhile taking for the intraday traders. We are seeing three fantastic technicals that might possibly lead us to a slight relief bounce:
1. RSI bullish divergence
2. Descending Parallel Channel
3. After a 15-16% drop within the past 24 hours, we are still seeing a higher low on the RSI, which is indicating that people may be wanting to secure the lower $400 levels.
Remember, this is a short term trade. We can most definitely see more downward pressure, but the wholesome idea remains the same based on the current technicals as of currently (at the time of writing).
Trade Safe.
X Force
ETH/USDT (Test the Golden Fib?)ETH/USDT
-Ethereum is pulling back to the average after the recent BTC dump
-There is still -5% downward potential before it touches the major support
-The $400 area of support is a confluence of previous resistance, .618 Fib, and 100MA+200MA
-If ETH gets to this level, wait for any price reaction or rejection in here
-This will give you bias that this area is highly a strong support
-Potential swing point entry for upside continuation