ETH/USD ($3.3k New Minor Resistance?) 💎Technical Analysis Summary💎
ETH/USD
-Ethereum may have found support at around 2900 dollars
-This zone is a confluence of previous resistance
-The important fast EMAs have coincided in this area
-If ETH can hold the green support zone in the coming days
-It will have a higher chance to break the double top resistance at $3300
-Please watch the bottom local support retest if BTC tries to correct slowly
-Alright, always plan your next trade. Good luck!
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
ETHEUR
ETHEREUM UpdatesGood rebound of Ethereum, which follows Bitcoin after the violent return to the 200 average which from May to July pulverized about 50% of the value.
Ethereum, as I have already analyzed several times in my articles, has, in my opinion, more "room" to grow for the future, supported by the words of big banks and investment funds, that is, those that we small investors must follow.
From a graphical point of view, the € 2000 threshold has been quietly broken, as well as that of € 2200.
Today, Ethereum is € 2582 and the bullish impulse is really very extensive; I see very likely profit-taking and a pullback in the Fibonacci 382 zone and then resume its rise.
The target is obviously the all-time high of € 3600 reached last May. With crypto volatility, it is possible that it will also happen by 2021.
As usual some references:
If the price were to undergo a pull-back, the interesting levels to increase the positions are 2262 (coinciding with the 382 Fibonacci level) and the 1416 € level tested 3 times between March and July.
Medium-term targets:
€ 2800 (Fibonacci 618)
€ 3000 (psychological threshold and important volumetric level)
€ 3600 (all-time high and start of the May sell-off)
ETH/BTC (0.056 Sat Weekly Key Level?)💎Technical Analysis Summary💎
ETH/BTC
-Ethereum is bouncing up from the 20W Moving Average
-The 0.056 sat zone is acting as a weekly key level
-Because it has been retested 3x and the Bulls are defending it
-This area is also a confluence of previous support/resistance from March 2017 - April 2018
-Let us say if this zone will hold up until next week trading
-I think the chances to retest the recent high at 0.08 sat increases
-If you are looking for a buy position, make sure you have a stop loss below this green line
-Why? because it will invalidate your bullish bias and a higher potential of downside correction
-So please make sure to always follow your trading plan
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
ETH BEAR MARKET - Crash Coming ? MartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin & ALT Coins have had HUGE bounce Is this the time to short ?
------------------------------------------------------------------------------------------------------------------------------------------------------------
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
------------------------------------------------------------------------------------------------------------------------------------------------------------
3011$ Ethereum is valid.Our calculations are a bit mixed.
We compare the Sellers and Buyers and determine the price through artificial intelligence.
Amount or not. We withdraw all our money at the specified point.
We certainly do not enter the short position from these points.
It's not that we can't lower the price.
We want it to rise. Everybody win.
You can check my old posts.
We do what we say.
Confidentiality is essential in our positions.
There will definitely be those who enter reverse trades.
We are waiting for him. For the hunt. While they hunt small fish.
They do not realize that they are prey.
When I talked to the fund managers,
we saw this decrease in January 2021.
We can see the trend return with a weekly close above $39200.
SHORT TERM ETHEREUM LONG- ETH/USDEthereum news and analysis push up a short term long on my idea. Let me know in the comments
Ethereum may fall into this area, IMPORTANT update 😮😮After updating local highs, eth failed to hold higher and then corrected by more than 10%.
Ethereum is now trading at $2060, and it is likely that the price will come back to test the level noted above. At this point, I am not sure that eth will have the strength to close higher and go for a renewal of its highs.
If the price returns to the area marked on the chart above and tests it as resistance, in addition to that there will be increased volumes, it is more likely that Ethereum will go lower to the marked levels. In case the price reaches the first potential target, it is best to fix part of the position!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ETH: At resistanceETHUSDT looks like is at resistance, 2K seems to be the upper part of the new range.
Further reinforcing the bearish bias:
Below the 180 EMA
Below the Ichimoku cloud
A the end of a downtrend
I don't think ETHUSDT has the strength to breakout of the 2K resistance and a fall down to the lower part of the range (1.4K) is most likely.
ETHEUR Short term upThis is my first idea and I would like to keep it simple.
ETHEUR is on 200 daily EMA and on support line (which was previously resistance)
On 4H timeframe there is a bullish divergence (the price is making lower lows and the RSI shows higher lows)
So, in the short term I expect the price to go up.
Targets:1900, 2100
Please share your thoughts
Disclainer: This is not a financial advice, it is just an idea that I would like to discuss.
Important ETHUSD Levels & 3rd Quarter Prediction After strong April run and following great nuking, ETHUSD has shown that demand is there. Defi seemed to survive really nicely and handled trades in situations where exchanges froze (I was using Balancer for some token swaps on ETH --> nice DEX, great team).
On a Daily chart we see a strong support around 2k levels (+/- 250$).
Looking from a "bigger picture and tart of an uptrend in early December 2020, ETHUSD is still in an uptrending situation and with progress being made on Defi sphere and oracle solutions is fascinating.
Also lets not forget Goldman Sachs review and the fact ECB was studying ETH for potential uses in their operations.
Coming PoS and burning of the tokens with (probably mid 2022) scaling solutions, ETH will be open for the flippening.
I believe price will be moving in Fibonacci level accompanied with other technical elements.
ETH - Danger zone in ethIf eth fails to recover its price at this point, we will see the confirmation of a SHS.
The fall could take EHT to 2435usd zones as a last target, although it presents strong resistances in the 20 and 55 EMAs in 4hs.
In summary.
According to my analysis, a candlestick close below 2630usd would confirm a head shoulder.
If it manages to recover its price it could lateralize forming a triangle.
MEASURE YOUR RISK! The loss you assume in case of failure should NEVER exceed 2% of your total capital. NEVER. We invite you to share your vision in the comments. Thank you
[UPDATE ETH] IT'S NOT OVER (OF COURSE): ETH TO 15K$?THIS IS WHAT I FOUND:
1) ETH 60% CRASHED AND TOUCHED THE 21 EMA AFTER 9 MONTHS. THE BOUNCED BACK WAS GREAT! HISTORICALLY BULLISH (see the charts and see 2017)
2) WE CAN SEE THREE CYCLES THAT FIT THE TREND FIBONACCI EXTENSION. ON THE PREVIOUS TWO, ETH CRASHED EXACTLY AT THE 3.6 FIB EXTENSION (CRAZY!!!). I EXPECT SOMETHING SIMILAR WITH THE NEXT ONE!
3) MY FORECAST IS ETH AT APPROX 15K$ AT THE TOP OF THIS CYCLE (END OF OCT/BEGINNING OF NOV?). THIS WOULD BE IN LINE WITH THE LOG GROWTH CURVE, A 140-160K$ BTC AND A 10% ETH/BTC (SEE RELATED IDEAS)