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Ethforecast

ETH (Y20.P1.E1.v2).MACRO.Trend.ForecastHi All, This post is a continuation from my previous post (hypothesis). Thoughts and ideas: > At this point, we don't have enough data to project way forward like BTC because we lack of a long history regarding ETH. > Working with what we have, we can speculate (it is the business to speculate) will a number of assumption based on BTC life cycle. > Green box represents current situation but the target is the upper trend line (230 to 250) > Note how I made use of the FIB. Gann fan and Ascending triangle rules. Assumption notes: > ALTs have hit their target for this cycle (refer to my post on Crypto TotalMarket Cap excluding BTC, link ideas area); > BTC has 4 cycles which I have explained in a previous post video. I believe we are in the early phase of stage 2 of 4 parabolic rises, where stage 3 is the major parabolic bubble event and stage 4 is the huge bear market; Similarly I believe ETH will follow something similar, that is we just finishing the bear market phase of the ALTs including ETH. We are only getting uptrend but not a trend change. Look at the fib. and you will see we bearly hit the 0.286 level. (I will provide the link here for the video of the BTC life cycle at the bottom of this post) > Upper macro trend line is established > This phase is the bottom, just like BTC in 2018 Daily chart I have 2 targets, a) 230 to 250 and the other is 270 Previous ETH post related to this: Link to video regarding BTC life cycle Note: You might have to increase your speaker volume as it seems I had some technical issues with the sound. Please don't forget to give me a tick\like, as I would appreciate it. Regards, S.Sari /CryptoProspa
Long
by ssari
2
ETH dead cat bounceEthereum dumped by almost 10% and bounced. IF you take a look at week timeframe, you will see that ETH never ended its downtrend. Just keep on falling and falling and falling. The only bullish moment it has, is that now price is near historical all time low with falling volume, which could be a sign for potential reversal, but certainly not a confirmation of it. And without confirmation better stay away from that coin. If price will fall below 171 once again, ETH is dead. IF bounce above 173, there is a chance it will bounce to 179. Just monitoring it.
by WiseAnalyze
ETH Short down to $85-90! ETHUSD has finally shown a continued move potential in market structure to the downside. We were waiting for the double bottom to break through and price to pullback into the broken low. Price has a pullback and begun to rotate at the new resistance which can bring the price down to the ultimate support at $85-90. The downside break was on good volume, the volume to the upside swing was rather weak. The ultimate target to the downside is $87.00. Disclaimer: This trade idea is for educational purposes exclusively, this does not constitute investment or trading advice. TRADEPRO Academy is not responsible for any market activity.
KRAKEN:ETHUSDShort
by TRADEPROAcademy
2
191106 ETHUSD analysis. "Shape looks right to rise, but..."Hello, my friends. It's Cryptoranger K. I've been quite scared of posting an Ethereum analysis recently. The current indicators and trends suggest that ETH should rise here. However, looking at the 2 day line on the 1-week chart, it seemed that it had just fallen. Obviously, the price flow moves along the 50-day line and shapes the cup, but I can't figure out how to handle the 20-day line. First of all, I expect three things. 1) ETH rises from here to $ 272 ~ 286. 2) First, the price of ETH rises from here to $ 208. Then the price drops to $ 173 ~ 184 and then rises. 3) ETH prices first rise from here to $ 208. And then going up after the price drops to $ 135. The reason I expect this is because of the flow of MACD. In the past, MACD's Golden Cross always preceded the full-fledged rise. Still, given that the 1-week MACD Golden Cross has not come out, I am not convinced that ETH will rise here. Another question is, "It's too easy for ETH to rise this way." The markets I've experienced so far haven't made it easy for participants to make money. So I'm more suspicious of this plausible flow. Am I thinking too deeply? Yes. It may be. But I'm not sure about the flow, so I'll have to watch a bit more if I can't make a profit this time. If the price of cryptocurrency goes to the moon from this place, I will no longer pay attention to the coin market. As I watch the flow over the next few weeks, I will consider buying a MACD to create a Golden Cross and a 5 & 10day line to form a regular array and a cross to a 20day line. This is too difficult for me to analyze. I thought I should be quiet because this thought would hinder the trading of everyone who reads this article. But I think it's better to post in terms of perspective sharing. I would appreciate it if you could accept my writing as one of the various points of view. We hope you all continue trading successfully. Thank you.
POLONIEX:ETHUSD
by Crypto_Ranger_K
ETH and BTC are perfectly direct correlatedAnalysis of Ethereum should always take into account current Bitcoin price action. If we look at the 1 day timeframe scale charts of ETH and BTC we would see that there are similar fractal repeats. Taking a closer look at the short-term timeframe scale reveals a direct and perfect correlation of the assets. We can see 7 similar price action formations which took place exactly at the same time. Deeper analysis shows that ETH replicates BTC movements with up to 5 minutes lag. This is a very long period to take action. Taking into account the recent BTC analysis we see price action of this asset reached its top and currently should go down making a channel breakout rejection and another fractal repeat. Thus ETH will replicate this movement and it will be favorable to open short position. Target in such scenario will be a bottom of the channel around $168 Although there is still a chance that the breakout will be confirmed, it will happen once a 4 hour candle closes green above $8 118 level. In this case there are 2 long position targets for ETH 1: $178 2: $183 Carefully track the progress of the price action to take a decision. It is a good moment to earn profit with ETH
by Skyrexio
191021 ETHUSD analysis. Fall in the medium term.Hello, my friends. It's Cryptoranger K. Today was a day when I didn't see anything special on the chart. I looked in for a while, gave up and just rested. And I look at the chart again at night. I thought about why. And I concluded that it was because I had a lot of expectation that 'I want the bottom to come out quickly'. Looking at the ETH 4 hour chart today, I found that the current price flow is drawing a falling wedge. And the four-hour candle seems to be rising. And again I saw the daily chart.
POLONIEX:ETHUSDShort
by Crypto_Ranger_K
ETHUSD today analysis, 191014. "Things getting more positive."Hello, my friends. It's Cryptoranger K. A new week has begun. As a weekly chart, I expected that the 5 & 10day line would create an intersection and the price would start below that intersection. But no intersection was made. Now what we need to watch is: 1) Will prices fall as the 5day and 10day lines act as resistance? 2) Will the price rise sharply here to create an intersection of 5 & 10 day lines? From my personal experience, when the 5day and 10day lines were parallel, they would almost fall. But if the trend is strong, the price could rise and create a crossover of the 5 & 10day lines. Let's look at the daily chart.
BITSTAMP:ETHUSD
by Crypto_Ranger_K
3
ETHUSD today analysis, 191012. Want UP but it needs 1 more fall.Hello, my friends. It's Cryptoranger K. The current situation of EHT is that the 1-day candle is stuck between the 10-day and 50-day lines. I think the current state of the candle is just a return to the original seat. First of all, the current position is still vague to determine the rise or fall. I am considering both rising and falling. The characteristics that can be seen that the price is falling on the daily chart are as follows. 1) The 5 & 10day line seems to be dropping its head down. 2) The MACD histogram is falling as a small arch. 3) Stochastic made Dead Cross.
POLONIEX:ETHUSDShort
by Crypto_Ranger_K
ETH (Prj.Y19.P02.E04).Approaching Macro ResistanceObservations: Daily 200 EMA strong resistance (blue line) Bullish momentum due to BTC rally Downward trend \ channel not broken Key fib level reached - 0.5 fib retracement on 1 HRLY CHART below Next target 0.382 fib level (203) on 1 HRLY CHART below RSI has room for the upside, on the daily. ALT dominance looks weak whereas BTC dominance looks like eminent upwards bounce\break off the EMA ribbon (100 EMA) Thoughts: I expect 200 to be hit then a pullback and more sideways ranging movement. Macro level ALT Dominance Chart BTC Dominance Chart
Short
by ssari
ETHUSD today analysis, 191009. "ETH is better than BTC to buy"Hello, my friends. It's Cryptoranger K. Today, I saw the difference between BTC and ETH after looking at the price flow. As far as I can see, BTC is drawing a falling pennant while ETH seems to be drawing a rising pennant. Many people think that the price will fall if the bottom of the triangle becomes flat when drawing the pennant shape, and on the contrary, the price will rise if the top of the triangle becomes flat. And in general, the price moves as mentioned earlier. But I think the more important thing than the shape of a triangle is the place where the triangle is made. The shape of the triangle can look different depending on the viewer. (What I'm talking about today doesn't mean that the pennant shapes in BTC and ETH are out of the ordinary.) The ETH chart above is a daily chart. '2)' is the pennant of the recent price flow, and '1)' is the pennant of the price flow before the recent rise. And you can see that these two pennants have a similar shape. Not only that, but the resistance zones that hit above are similar.
POLONIEX:ETHUSDLong
by Crypto_Ranger_K
2
ETHUSD today analysis, 191007. I think it still need 1 more fallHello, my friends. It's Cryptoranger K. After a long time, the main altcoins show the white body as a whole. When I saw this, I would always shake my heart. And I used to buy in anxiety that I might miss the chance of rising. Is XRP climbing the most now? There are many opinions that other altcoins will rise because XRP is up. Personally I don't trust company based cryptocurrencies. Of the large altcoins, Ripple is not particularly fond of, so I don't care if XRP goes up or not. So let's analyze ETH without Ripple. I think the price of ETH is quite likely to rise in a month or two. However, I do not think the rise in ETH will happen immediately after XRP is up. Based on the ETH week chart, the intersection of the 5, 10, and 50 day lines is likely to appear the next week or two later. First of all, I think it is important what the candle looks like here. Personally, I believe that the ETH trend is still falling, so the candle on that day will not rise through that intersection. Then I can ask the following questions. "If the price of ETH falls on the resistance of the intersection, how far will it fall?" I'm positive about the current one-week stochastic's appearance of the Golden Cross. But there is only one positive part that is currently showing me. There is still a lot of resistance, and in the medium to long term, the price of ETH is still in decline. Personally, I hope to rise in the Ichimoku Cloud. But given the trend, it's more likely that it won't happen. The important thing is to see that the direction of the 10-day line changes. But in order to do that, it is only possible to make the price come back after the price drops once more. I hope that if the price drops to around $ 155 at this point and then comes back up quickly, it will create the flow I want. Then I'll look at what the price flow looks like and judge the rise or fall once again. (Worst case, I think it can fall to $ 139. And $ 139 is the previous low.) Although I am waiting for one drop, I believe there will be a period of reduced volatility in the near future. If I have to buy ETH first rather than BTC, then the interval where volatility diminishes will be the point where I buy ETH. Today's analysis is up to here. Seoul has been raining since Monday. I am cheering you on doing your best every day by posting an analysis like this. I sincerely hope that you will always make a successful investment with peace of mind. Thank you.
POLONIEX:ETHUSDShort
by Crypto_Ranger_K
ETH (Prj.2019.P02.E03). MACRO Level TAMany things look bearish but more so undecided at this point, hence I would expect sideways movement for some time even though some things have confluence (favorite word to explain things in common) in the bearish direction. ********** If I was to make a call for ETH, I would say there is more downward pressure for the long term because of the strong rejection. ************************ In short: a) ALT Dominance chart still in the down trend, at best it can go sideways. b) BTC holds up better than ALTs in a down trend. Last 2 days, BTC found gains and I would expect this to continue. c) ADX and DI indicator shows in the 4 hrly chart, more down ward pressure d) RSI hitting 8%, accepting that its oversold, however this doesn't mean it will bounce up quickly e) Accumulation index is below 0 f) I have ETH still in the downward channel with a strong rejection at the top of it. ETH WEEKLY Chart: All EMA\SMA above the price, strong rejection. ETH 3 Day perspective Price in the strong support range and hence why I expect more sideways movement in the short term. Hence I would wait and observe some more ALT Dominance chart BTC Dominance chart (4 HRLY Chart) BTC Dom. Daily chart Interesting to note, GOLD has gone up around the same time? 4 HRLY chart
Long
by ssari
3
ETHBTC Analysis 08/06/19Ethereum keeps struggling against the Bitcoin with no sign of any attempt by the buyers that would lead us to expect some relief in the near-term. The pair keeps diving toward new year lows, for now sitting at 0.019 BTC. Sellers are fully in control as they have since the beginning of the year. Ethereum is strongly suffering from Bitcoin's dominance that keeps rising. Stochastic is showing some bullish divergence with current price trend but as this isn't backed by volume, we could see the stochastic oscillator crossing back below the oversold line. There is still no sign of any reversal and we expect rebounds to be sold in the near term. Raphaël Comte Investment Analyst at Token Metrics Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .
by tokenmetrics
ETHBTC Analysis 08/05/19Ethereum broke through the 0.02 level, making a new year low at 0.0194. Since the beginning of the year, Ethereum has kept making lower lows and lower highs. Bitcoin dominance keeps growing is now at 67.7% vs 65.5% last week. Bitcoin's pumping phase is not over and sends a clear signal that investors are not yet inclined in transferring some of their funds in bitcoin toward altcoins. With the federal reserve rate cut and the continuing quantitative easing, we expect risk-appetite to grow among investors on the medium-term. The stochastic oscillator has bounced back from the oversold zone, showing a crossover. However, volume remains low, therefore any entered position should be done with caution. As ethereum keeps evolving in a strong downtrend, we expect any rebound to be short lived, sellers taking them as advantage to enter. We expect the downtrend to continue in the near future. Raphaël Comte Investment Analyst at Token Metrics Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .
by tokenmetrics
1
ETHBTC Analysis 08/01/19ETH continues its lower drift toward the year lows and support level at 0.02. ETHBTC remains bearish and doesn't show any sign of reversal as BTC dominance keeps climbing. A bounce could be expected around the 0.02 level but buyers would have to reclaim the 0.023 level and hold it in order to bring some relief. Raphaël Comte Investment Analyst at Token Metrics Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .
by tokenmetrics