Get started

Ethidea

ETHEREUM: WAITING FOR A POSITIVE MOVE.ETH has been under the bullish falling wedge for quite some time and till now it has failed to show any positive move. With the pattern ETH is forming, it will be important for ETH to break above the resistance trendline for a positive confirmation. A breakdown below the supporting trendline will ruin the chart and make things more complicated. I am expecting a breakout soon. What's your opinion? Let me know in the comments. Thank you for reading. Trade safely. Regards, Team Dexter.
BINANCE:ETHUSDLong
by Dexter_The_Trader
Ethereum: What's Next?In August 2022, the Ethereum Foundation issued a cautionary statement that the forthcoming Paris upgrade would not lead to a decrease in gas fees. As a result, #ether prices experienced a decline of more than 40%. However, this development also provided a glimpse of the possible upcoming driver for #Ethereum investors: the prospect of reduced gas fees. This has since emerged as a pivotal component that the coming Cancun upgrade, known as EIP-4844 aims to address. Please note that if you have a long-term belief in #Eth , you are likely to achieve better returns by holding rather than engaging in active trading.
by ShiBob-SB
#ETH - thoughts out loud №4Good evening from Ukraine! Dear colleagues, I am glad to welcome you! Today, we have important news, the situation on the chart reflects the idea of professional operators to implement their plans immediately during the news release, cascading levels with a large number of stop losses have been formed. We can see that if we are long, then at more favorable prices, and if we are short, then we have room to fall, and perhaps someone will not be pleased, but this is the truth as it is. Thank you all for your attention, I wish you success . Sometimes you win /sometimes you learn . - thoughts out loud - thoughts out loud - thoughts out loud
Short
by WVitalievich
ETH Correction Phase after Bear Rally: Is it Sustainable? I want to discuss Ethereum (ETH) and the possibility of a correction phase following its recent bear rally, with a new target of $2000. However, it is crucial to approach this potential development cautiously and consider the sustainability of any price changes. As many of you know, ETH has experienced a remarkable surge in value over the past few months, reaching unprecedented heights. This impressive rally has undoubtedly captured traders' attention seeking lucrative opportunities within the cryptocurrency space. However, it is essential to remember that markets are inherently volatile, and what goes up must eventually come down. While a correction phase may be imminent for ETH, assessing the sustainability of any potential price changes is essential. Market dynamics, investor sentiment, and external factors can all influence the direction of cryptocurrencies, making it difficult to predict their long-term behavior accurately. Therefore, it is crucial to exercise caution and approach the situation with a measured perspective. Considering the potential for a correction phase, evaluating your current positions in ETH may be prudent. Diversification is vital in any investment strategy, and adding a few positions in ETH could be careful. However, it is equally important to carefully manage risk and only allocate what you are comfortable with, as the market's unpredictability remains a significant factor. As always, I encourage you to conduct thorough research, stay updated with market news, and consult with trusted advisors before making any investment decisions. The cryptocurrency market is known for its volatility, and it is essential to remain vigilant and informed. In summary, while the possibility of a correction phase looms over ETH after its recent bear rally, it is crucial to approach the situation with caution. The sustainability of any price changes is uncertain, and it is essential to evaluate your current positions and consider diversification. Remember to manage risk prudently and make informed decisions based on reliable information.
BITSTAMP:ETHUSD
by bryandowningqln
important Trading Insight: Exercise Caution as Momentum FallsRecently, we have observed a notable trend in Ether's Relative Strength Index (RSI), which has consistently exceeded 60. This indicates an overbought condition, suggesting that the asset may be due for a correction or a period of consolidation. Coupled with this, the Moving Average Convergence Divergence (MACD) indicator has shown signs of profitability decline. Furthermore, it is crucial to pay attention to the presence of bullish wicks, which act as support and resistance levels on price charts. These wicks indicate potential reversals or temporary pauses in the prevailing trend. As traders, it is imperative to recognize and respect these levels when making trading decisions. Given these indicators, I encourage you to exercise caution and remain vigilant in your trading activities. It is crucial to reassess your risk management strategies and consider adjusting your positions accordingly. As momentum falls, it becomes increasingly important to focus on preserving capital and minimizing potential losses. While the cryptocurrency market can be highly dynamic and unpredictable, the risk of sudden price swings and market volatility increases during these moments of declining momentum. Therefore, I urge you to approach your trades cautiously and avoid making impulsive decisions based solely on short-term market movements. Remember, successful trading requires discipline, patience, and a well-thought-out strategy. Take the time to thoroughly analyze the market conditions, monitor key indicators, and consider the potential risks before executing any trades. In conclusion, as Ether's RSI surpasses 60, MACD profitability falls, and bullish wicks emerge on the charts, you must be cautious and exercise prudence in your trading decisions. By doing so, you can better protect your capital and navigate the market's uncertainties more effectively.
BITSTAMP:ETHUSD
by bryandowningqln
ETH Struggles at $1900 - A Cautious Approach is AdvisedToday, I wanted to bring your attention to the recent struggles faced by Ethereum (ETH), which currently stands at a price of $1900. While the crypto market remains highly volatile, it is crucial to approach such situations with caution and prudence. ETH has been facing significant challenges in maintaining its price at the $1900 level. This recent turbulence raises concerns about the short-term stability and potential downward pressure on Ethereum's value. As responsible traders, it is essential to evaluate the current market conditions and make informed decisions regarding our investment strategies. In light of these developments, I would like to encourage you to consider holding off on any immediate ETH investments or further purchases until we witness a clearer trend. By exercising patience and closely monitoring the market, we can mitigate potential risks and make more informed decisions about our crypto portfolios. As crypto traders, we understand the importance of staying updated and navigating the market wisely. Here are a few factors to consider before making any decisions regarding ETH: 1. Market Sentiment: Observe the sentiment of the crypto community, paying attention to expert opinions and market analysis. This will provide valuable insights into the overall market sentiment towards ETH. 2. Technical Analysis: Conduct thorough technical analysis, including examining key support and resistance levels, chart patterns, and indicators. This will help identify potential price movements and trends. 3. Fundamental Factors: Stay informed about any significant developments or news related to Ethereum, such as protocol upgrades, partnerships, or regulatory changes. These factors can significantly impact the price and future prospects of ETH. Remember, in times of uncertainty, it is crucial to prioritize risk management and protect our investments. By taking a cautious approach and carefully evaluating the market conditions, we can position ourselves for potential opportunities while minimizing potential losses. Collaboration and knowledge sharing can help us make more informed decisions and navigate the crypto market effectively. Hold off on ETH investments for now and closely monitor the market conditions before making any further decisions. Let's exercise patience, evaluate the market sentiment, conduct technical analysis, and stay informed about fundamental factors. By doing so, we can make more informed choices and protect our investments in the volatile crypto market.
OANDA:XAGUSD
by bryandowningqln
4
Is RSI over 50 something to be concerned about ETH? I am writing to express my concern about the current state of Ethereum (ETH). As you may know, ETH's Relative Strength Index (RSI) has recently gone over 50, indicating that the asset is in trouble. This is a worrying sign for anyone who has invested in ETH, as it suggests that the asset is losing momentum and may be headed for a downturn. As traders, we must pay attention to these signals and take action to protect our investments. I urge you to take this warning seriously and consider your options carefully. Whether you hold on to your ETH or sell it off, you must stay informed and ahead of the market. In these uncertain times, being vigilant and proactive in our trading strategies is more critical than ever. I encourage you to closely monitor ETH and take any necessary steps to protect your investments.
BITSTAMP:ETHUSD
by bryandowningqln
Ether RSI shows short term pop up I wanted to update you on the recent price movements of ETH/USD. Yesterday, the cryptocurrency reached a high of $1,761.96, but today it slipped to an intraday low of $1,727.75. Currently, it moved below a floor at $1,730. However, bulls have stabilized this support zone, with the RSI finding its floor at 38.00. Currently, the price strength is at 38.81, which is within the oversold region. This could potentially be a positive sign for those looking to buy low. Please let me know if you have any further questions in the comments.
BITSTAMP:ETHUSDLong
by bryandowningqln
ETH Continues to Soar so It is Time to Trade Short Term! I hope you have been enjoying the positive momentum ETH has been experiencing lately. It's been an exciting time for all of us, and I'm thrilled to see our favorite cryptocurrency continuing to soar! As you all know, ETH has steadily risen, breaking new records and reaching new heights. It indicates that the market is bullish on ETH, and we expect to see more growth in the coming days. So, what does this mean for us traders? First, it means that there's a fantastic opportunity to capitalize on the current trend and make some profits in the short term. The market is showing strong support for ETH, and this is the perfect time to enter a short-term trade. I encourage you to take advantage of this opportunity and start trading ETH in the short term. With the positive momentum, we can expect to see some quick gains, and it's an excellent chance to maximize our returns. Let's not miss out on this chance to make some profits and continue to ride the wave of success with ETH. So, prepare to trade and make the most of this bullish market. Thank you for being a part of this community, and I wish you all happy trading!
BITSTAMP:ETHUSDLong
by bryandowningqln
ETHUSDT - A lot of levels are waiting for correctionOn the trading chart, I believe that there should be a correction of this price in the range of the golden level Fibo. The correction will be accompanied by a zigzag form of Elliott waves (1-5) In order to open a position - wait for the LFT confirmation I am awaiting confirmation of my decision and plan to open a short position in the range I have shown If you want to know about more specific actions, then look in the description of my profile
Short
by JaegerB
Bitcoin is facing a key decisive battle, will the bulls rise? As of the update, the current price of BTC/USDT is US222,438, and the daily performance still shows a short trend, but the current price has been maintained at a small fluctuation, not quantified, this situation is much like just after an unusually intense exercise, you need to calm down.The current position of the daily line near 22500 is the key. If it can stabilize at this position, then the price environment of BTC/USDT will be greatly improved; there is even an opportunity to rebound to the 23700 mark; and once the 22500 position cannot be held, then BTC may fall to the level of 22000 or even 21500. Judging from the 4-hour chart, the price of BTC is gradually shifting upward, and the MACD technical indicators are gradually rising. However, in terms of strength, the short-term will not rise too high. It is estimated that there will be no major fluctuations in the first few days of this week, and it will run in the range of 22200-22700. In order to facilitate you to continue to follow up on my analysis and sharing, you can like and follow me. In addition, you can enter my channel for free in the following ways to follow real-time views and operational strategies.
BITSTAMP:BTCUSDLong
by Blessed_V
ETHEREUM: AT THE RESISTANCE.ETH update: We saw a 16% rally on ETH in the last 2 days, a straight pump from $1464 to $1711. This rally helped the coins under the ETH ecosystem like LRC, RNDR, ENJ, MASK, etc. to gain some bullish momentum. Just like BTC, ETH is also testing the $1700 resistance level. A successful breakout above this resistance will continue to bring a positive move in the market but a rejection on the other hand may create a panic situation. Keeping an eye on the current market scenario, I am expecting a correction to take place soon in the market. That's it for now. Thank you for reading and trade safely.
BINANCE:ETHUSDShort
by Dexter_The_Trader
5