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Ethforecast

ETH - 4h. The critical point of the local growth trend is $1270.The local weakness of the BTC market and the systematic decline in its dominance played a positive role for ETH . If on January 22 the price of ETH submissively fell along with the price of BTC, then during yesterday's local attack of sellers in the BTC market, the ETH market showed growth. Today, trading volumes in the ETH market are higher than BTC. At the moment, buyers have taken the critical level of $1270, which we wrote about in the previous idea : Now buyers have managed to update the local high, but the price continues to trade within the yellow wedge. In order not to lose the initiative, buyers need to keep the mark of $1270 and after consolidation to continue to grow with the first local target of $1570 . From the nature of the ETH price increase, it will be clear whether there is a prospect for stronger growth with a target of $1800. The loss of the $1270 mark will continue to consolidate within the wedge and sellers will test the range of $1150-1200. This scenario also has a right to life. Given that the previous weekly candle of the ETHBTC pair closed to continue medium-term growth, a slight correction to the green range is still possible: ______________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
24
Ethereum is still healthy if we remain within this channel!Ethereum has been really nice to trade these past months, a continuous practice of buying low and selling high has been a large part of my success in the market. It is to be expected that we bounce between the .618 and .382 Fibonacci levels until volume returns. If we were to break down below I would expect us to revisit the .236 Fibonacci level; therefore I am currently neutral as far as positions are concerned. I have drawn a channel shown by the upper and lower green trendlines which we have maintained. The regression trend marks when I was sure the trend would continue bullish into four figures.
BITSTAMP:ETHUSD
by CountOnCrypto
11
ETH-4h. Below $ 1270, the correction will begin.The buyers initiative, which began on January 11, is beginning to weaken. The price of ETH slowed down before updating the historical high. This is strange, because BTC is in consolidation and does not take attention. On January 19, buyers managed to update the local high . however, relative to the previous high is only 7% higher. The price stopped for 2 dollars to the historical high of 2018. The new wave of growth looks rather weak and the breakdown of the mark of $1270 will begin to correct the price of ETH. Having settled below this mark, we expect the price to continue falling to the range of $980-1000. Interestingly, ETH trading volumes are currently larger than BTC volumes . By reducing BTC's dominance by at least 10%, ETH could feel like the king of the crypto market. It is possible to buy a coin with confidence only after fixing over the range of $1340-1390. It is the loss of this range in 2018 and was the beginning of a global correction of the ETH market. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
18
Ethereum Screaming "Catch Me" - Seeking Some Sort of Support Ethereum has been rattled by the ongoing sell-off at the crypto market. Just failing to make new ATHs it crashed already to a hard rocky -30% bottom @ $950. As all crypto assets it is desperately to to cling to a support line. The $900 level seems to be the best hope right now. Mid-February 2018 this was a resistance level and could now turn into support. Also the $900 level is a 0.618 fib. retracement level considering the rise from end of November 2020. Ethereum may also "only" retrace to the -30% bottom at $950 for building support. There of course potential Bitcoins selling pressure will push Ethereum down lower to $750. If Ethereum manages to close this week at above $1k that would be a good starting level to continue the bull run. That level is the upper Bollinger Band. Short-term these next couple of days rather short / bearish, but beyond that if Ethereum conquers back the upper Bollinger Band bullish again. This may just be the best buy-in opportunity available before the parabolic rise of Ethereum t0 20k. More on that later.
BITFINEX:ETHUSDLong
by CarpeMomentum
ETHUSDT - First dip since 10 MonthsMarket has shown sellers rejection on our drawn support area, same support zone as the 8th January. We can see a long wick and probably a bullish engulfing, moreover the market didn't close any candle below the 1h support, which is indicating the buyers coming in. 15m formed a double bottom with multiple bullish engulfing, a breakout of either side could lead to the run but in my view it looks rather bullish. Follow us for more setups and ideas.
Long
by Capitalflowsam
5
ETH will explode $550K in June 2022Based on my cyclic harmonic calculations, ETH can explode $550 K in June 2022... This is not only because June is the month of my birth and I'm bullish on ETH, also, because ETH has this potential to gain this value... Beside this Technical Analysis, Fundamental analysis confirms this potential... At that time, also, ETH 2.0 will have a major progress... Who knows? Let's wait and see the result of this idea at that time... ;) I'll be happy and thank you if you share your thoughts and comment it below...
KRAKEN:ETHUSDLong
by MJBlockFi
3
ETH-4h. Buyers are preparing to update the historic high!ETH investors received a nice gift over the weekend. Raising the price by almost 60% , buyers easily broke the critical range, which we wrote about in the previous idea - $800-840 . Having set a new local high of $1162 , buyers felt resistance in the range of $1123-1156. In the 15-minute timeframe, you can clearly see how the volumes started to increase in this range and the sellers easily turned the price. Thus, the ETH price went beyond the growth channel and is preparing for the main sale - the $1260-1350 range test . Breaking this range, ETH will update its historic high. The critical point for this growth scenario is the $840 mark . After breaking it, sellers will quickly lower the price to $750. our ETHBTC idea: ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
13
ETH-6h. Buyers are ready to test $ 800-840.BTC's local weakness, after setting a new historical high, gave ETH buyers a chance to come out of the shadows. On December 27, during the two hours of active sales of BTC at highs showed that many people want to keep the price of BTC. During the stoppage of growth in the BTC market, ETH buyers raised the price by 10% in 3 hours. The initiative of buyers continues to remain with buyers. This is how our global idea ends . Buyers managed to go beyond the wedge. The local critical point for continued growth to the $800-840 range is the $700 mark . Below it, sellers will return ETH to the consolidation wedge and try to test the $620-630 range . Therefore, we expect the result of the fight for the $700 mark to enter the risk-free entry into the position. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
1
ETH-4h. Sellers are preparing for test $520.The struggle for the $600-615 range continues. Taking control of this range on December 17, buyers could not keep it. Yesterday's break of the trend line , which supported buyers for more than a month, gave sellers the right to form a falling wave. The sellers set the new local low at $550 . Now their main task is to keep the range of $600-615 . It is very difficult for buyers to restrain the price from falling. Given that all capital from altcoins goes to BTC, we do not see growth prospects in the medium term. If you look at the ETHBTC chart , you can see that the sellers broke the annual trend line down. We offer you to find vacations that will help growth in the ETH market. We can't find them yet. ______________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
Skyfall ? ETH/USDT $ETH #eth #ethereum #cryptoHere we see our ETH tether chart from Binance . It appears there is a large Rising wedge pattern on this chart ( in those red lines ) from the dumpout in March . This pattern forming in an uptrend should eventually trigger a correction and break downward out of this pattern . First target downward could be the top of our Ichimoku cloud around 380 to 420 or thereabouts but this correction could continue downward - it's hard to say what is bottom right now. But correction DOES eventually come to all patterns though I know some Perma Bull don't believe it ! Also see my last idea linked below about ETH reaching it's All time high again - which I still believe is coming . But perhaps we see correction first before we get there. Let's see. Also please search for info on Rising Wedge pattern today - there are many trading sites with free info on this pattern and its' possibilities . Thank you !
by shimmeringpath
ETH 2.0 is close. Where the price should move to $450 or $340?This idea is an updated version of our previous idea , which we will take as a basis for the near future. It's nice that she got the mark: "Tradingview Editor's Choice" Yesterday 10/04/2020, the Ethereum 2.0 deposit contact was launched. The release of Ethereum2.0 zero block is expected on 1 December, 2020 - it was confirmed by Vitalik Buterin. In the last review, we wrote that the important zone is $417-425, sellers were able to keep it. Then the price lowered to the level $370. Now, such an important zone for ETH has lowered slightly and is located in the range $410-417. If the price cannot grow above $410-417 in the coming days, then the way to the level $340-343 will open . If the positive news background begins to work out, then the ETH price will fix above $417 , and from there will be opened the path to $450. _____________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
5
ETH. If buyers don't keep $363, they will see $274.Consolidation in ETH has extended a lot, which increases investors' tension. In previous ideas, we wrote about the mark $363, which served as the critical point for this coin. Buyers managed to break this point and update the local high. However, according to the volume of ETH price growth from 8 October, it seems that buyers are leaving the forces. When BTC showed, most likely manipulative, upward impulse, then ETH in response was satisfied with weak growth on low volumes. Such input information makes us think that the maximum that ETH is waiting for is the continuation of consolidation trend with an exit down to $274 and $251. Cancellation of this scenario in case the price fixes above $390. But first, buyers need to show that they ready to keep $363. ____________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
2
ETH. 4h. The first target is $315 with the prospect up to $295.Reasons of the fall. If you follow our ideas, you already know that globally we are waiting for ETH at $250. This scenario could only be canceled if the price fixed above the level $363. According to t he previous idea , two unsuccessful attempts of buyers to fix above this mark are clearly visible. The weakness of buyers only increased the probability of our scenario being worked out. The cheeriness of the fall was certainly added by the news background, which we analyzed in BTC idea. Local targets. Today attention will be focused on the level $315. In case of the level break down, the next stop is $295. If buyers do not resist and decide to wait out and not keep the price, we will see the mark $250 much faster. But by then we will update the idea. Therefore, like and subscribe to us to keep abreast of events and fresh ideas.
Short
by P_S_trade
2