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ETHEUR

Further looking at ETHUSD and ETHBTCAnalysis for ETHUSD and ETHBTC These are the daily charts On the ETHUSD chart an expanding ascending wedge can be observed, this will likely continue, leading the price to mid 3,000's This theory supported by the bullish state of ETHBTC with "open" moving averages (50 -> 100 -> 200) and a wide Gann range Ethereum looks very strong, while Bitcoin looks rather weak at this current stage I wonder how it will play out This previous idea of mine shows ETHUSD breaking free of the two fib circles, allowing for a massive bullish range, further supporting the bullish theory of this post I am long Ethereum
Long
by Bixley
1
AN AMAZING TRADE ON ETH/EUR!ETHEREUM TARGETING 2.500 EUROS!!!Hello traders, I hope you are doing great! A trade we have also shared on the V.I.P group 9 days ago is starting to follow our prediction. Of course we are long term holders of the Ethereum coin but because of this pattern forming and the lagging character of the Ethereum in comparison with Bitcoin we took place in this more short term trade. Technical Observations 1.Fisrtly we are in clear bull market in cryptos and in Eth/Eur also. 2.We can the ascending trend line that kept as support various times with buyers coming in aggressively. 3. We can clearly see the triangle pattern formed. 4.We can also notice the Macd recharge to zero level without making lower lows and that's statistically is a very bullish sign. 5.We project the previous impulsive move before the consolidation pattern and we found the first target as an extension at psychological round number of 2.500 Euros per coin. Fundamentals Observations 1. CME Ethereum Futures. The arrival of Ethereum futures will ultimately bring more maturity to the crypto market and, although futures are not physically delivered, greater liquidity. This is beneficial because it will give institutional investors in particular the opportunity to hedge spot positions, which reduces overall risk and in turn makes Ethereum a much more attractive investment. 2.Ether Burning Fees. EIP 1559 is an Ethereum Improvement Proposal put forward by the project’s co-founder Vitalik Buterin, along with developers Eric Corner, Ian Norden, Rick Dudley, and Matthew Slipper, to implement changes to the way ether transaction fees are presented to users, as well as the management of ethereum’s supply. EIP 1559 suggests scrapping the current auction-style fee system in favor of an algorithmically determined base cost, called the “BASEFEE.”The idea is this will encourage the steady deflation of ether, which, in turn, should help bolster prices over time. 3.Ethereum 2.0 Rollout. While there is no confirmed date for the launch of Phase 1, it’s expected to arrive sometime this year. INITIAL ENTRY WAS AT 1342 EUROS SECOND POSSIBLE ENTRY AT THE RETEST AT 1575-1600 LEVEL TP1 2500 EUROS TP2 3000 EUROS INITIAL STOP LOSS 1265 EUROS TRAILING STOP LOSS 1420 EUROS RISK/REWARD 10-15!
Long
by The_Greek_Trader
6
ETHEUR bearish short-term scenarioHello traders, Two triangles have been forming recently: the first one since March 8th around 1400 EUR, and the second one since March 9. The former is a symmetrical triangle, while the latter is a flat bottom triangle. As chart displays, the former is not that clear, while the flat bottomed (drawn in blue) is more evident. In terms of pricing, considering the height of this flat-bottomed triangle, prices could potentially dip up to 1380 EUR, which coincides with the resistance configured by the inverted head & shoulders pattern, formed and fulfilled on late February. However, one should also consider 1420 EUR as a consolidated resistance in the case the pattern that goes from February 23 to March 05 is a flat top triangle. If you find this analysis useful, please like, comment, or donate
Short
by lbrina
ETHEUR for the next entree levelsHello all, I hope you are all healthy and well. In this publication I share my study of ETHEUR for the mid-term group and the long-term group. Based on the Fib.Retrecement Levels there is a chance that we can drop to the golden zone. That seems to be a very strong support zone. This can be an important level to keep in mind. I've mapped out the possible entree levels and the potential next top target. I would really appreciate any input. I hope my analysis makes sense. Leave your comments. Thanks for the inpunt
by villio7891
ETHEUR bearish symmetric triangle and flat bottom triangleBad news for those of us who were expecting an immediate rebound. A symmetric triangle (blue triangle) has forming since February 23rd, with base around 1253 EUR and top at 1423 EUR. It's final confirmation would be when rebounding at 1309 - 1314 EUR. Depending on the way you consider its height, the expected drop would be around 1145 EUR. In addition, a flat bottom triangle that has been forming since February 24th would strengthen the idea of a bearish trend. Projecting its height, we're locating prices at the same level as the symmetric triangle. Let us also remember that the previous minimum, located at 1115 EUR, is the result of a previously identified ascending wedge, whose height is also projected on this chart, though pushing prices down to 1105 and 1069 EUR respectively.
Short
by lbrina
ETHEREUM - Can it break the 2,000$ To cut a long story short: Probably not. Unlike Bitcoin that may rise (potentially) exponentially, Ethereum has SERIOUS competitors.. Technology is shared, especially in the blockchain sphere, new players enter dynamically with big budgets, new ideas and more inovation. Given that Cardano and Polkadot/Kusama (amongst many others) are not just catching up but also add value and innovation building on some of Ethereum's problems in a beautiful way. There is no guarantee that Ethereum will be the 'Number 2'. There are no guarantees that the new version 2.0 will be a good, successful one. Thus I am already out of Ethereum for now and probably looking for a short, now at the 2,000 celing.... or will it be breached and fly higher? I don't know, we need to take it one step at a time
BITSTAMP:ETHUSDShort
by FX_Professor
4