Eth pass 4000$ETH weekly candle setup and ema, macds are so good. I think eth breaks all time high at this time
Ethlongsetup
DOUBLE TOP(?) on eth/usdt EthereumPrice is now facing an important resistence and if it will not close above it and it will be rejected,it may confirm a double top pattern once that the price closes below the support level,the price target of the double top pattern in length equals the size of the formation and should find support on the 0,5 fibonacci retracement level and EMA100(here it is possible to open a long position).
In addition RSI is showing a bearish divergence on the daily time frame.
If the double top pattern will be confirmed,the new price target(take profit) for the long position will be 0,236 level of fibonacci retracement.
ETH USDT : Buy Trade setup @ 3161Hello guys, hope you are doing well.
Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series".
As I have mentioned in the previous idea, I was waiting for ETH to close above 3200 and created new highs confirming the continuation of the uptrend.
We were waiting for a buying opportunities at 3160 - 3200.
On the 1H timeframe, we can see a double bottom is formed with a confirmation on the the lower timeframes.
Entry - 3161
Stop-loss - 3110 (51 points)
Take profit - 3240 (80 points)
1:1.57 RISK TO REWARD
Will keep you posted on the progress. Happy trading.
Update: ETHUSD Currently 6% In Profit 12% Target 🎯 Now 44% Update: ETHUSD Currently 6% In Profit 12% Target 🎯 Now 44% in profit from the 13 EMA 50 SMA crossover. Next target @ $3617 and new ATH @ 4804 before October.
ETH USDT : Buy Trade setup @ 2597Hey Guys, hope you are doing well.
Welcome to today's potential trade setup as a part of the "Aglogains - Daily Trade series".
This is a short-term scalping trade. In the 15 minute time frame.
We have seen a pullback to the previous short term resistance level of 2590 - 2600 levels from the recent highs of 2630 -2640
I have an entry after a double bottom was formed, followed by a bullish candle, fulfilling our entry criteria.
Entry - 2597
SL - 2560 (37 points)
TP - 2649 (52 points)
Risk to Reward - 1 : 1.4
Will keep you posted on the progress.
ETH USDT : Buy Trade setup @ 2225Welcome to today's trade setup as a part of "Aglogains - Daily Trade series".
As we have seen yesterday, after breaking the previous highs at 2185 - 2200 levels, there was an explosive move to the upside on ETH yesterday, reaching almost 2400 - 2430 levels.
We have seen the market take a breather after this rally by seeing a slight sell-off causing a pullback to the previous highs that were broken.
My trade setup takes advantage of this key resistance turned support level to look for trading opportunities.
On the 3Hr chart, we see a double bottom forming followed by a bullish candle confirming our entry condition.
Entry - 2225
SL - 2083 (142 points)
TP - 2423 (198 points)
Risk to Reward - 1 : 1.4
Will keep you posted on the progress.
ETH USDT : Buy Trade setup @ 2332As you all are aware ETH recently had a very bullish impulsive move upwards breaking the previous high at 2186
I have covered this in my previous video, I'll attach the link.
As we look at the hourly chart ETH broke above 2340 in its latest move, this led to a sell of and retest of the previous swing low with a deep pullback to 2300-2330 levels.
I'm going to look for buying opportunities at this important level.
Entry - 2332.5
SL - 2265 (67.5 points)
TP - 2425 (95 points)
Risk to Reward - 1 : 1.4
Will keep you posted on the progress.
ETH - Daily chart - Long scenarioLooking if Price will move as marked. (Orange arrow). Where i would enter the long at the cross between the two trendlines and a by then Support area.
Target is based on the next big Resistance area.
Dont forget:
- Watch your Risk management
- Bitcoin has an influence on all Altcoins, be aware of movements there
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
ETHUSD to 2850Based on breaking the downtrend line, this is my next guess for Ethereum. Not financial advice
ETH/USDT - considerable potential 67% movement after correctionHello, Traders!
The interest in altcoins begins to fall gradually. Traders are progressively fixing their positions in altcoins in favour of BTC, so Bitcoin's dominance begins to increase incrementally.
In such a situation, it is possible to look for ETH purchases on a deep correction, after the stops of aggressive buyers are collected.
It's best to wait for the price to move into the $1960 - $2140 zone and search for buy entry there.
A stop-loss can be placed below the level of $1740.
The targets for such purchases will be
$2488
$2800
$3000
$3200
$3590
Perfect risk/reward ratio of 3.60!
Good luck and watch out for the market!
P.S. This analysis is created for educational purposes and shall not be considered a piece of financial advice
ETHI think ETH should start heading back to $3400 soon. But still kinda risky. I took a long here during the blood bath. Daily must close strong and I will really feel more confident.
ETH/USDT - market update 24.05Hello traders,
ETH corrected the whole upward movement, which started from the $2140 - $2488 zone.
Under sellers' pressure and a cascade of liquidations of margin positions, the price fell to the level of $1740, and then returned to the buyers' control zone of $2140 - $2488.
In the apparent trades profile, we see that the area of the highest interest is between $2488 - $3200, so we can assume that the upcoming trading activity will be concentrated in this area.
The buyers will meet the sellers on the downside correction: the first sellers' control zone is between $2800-3000, the second one is between $3200-$3590, where we can expect the sellers' reaction in each zone.
The closest Fibonacci Retracement levels are:
0,382 ($2742);
0,50 ($3056) ;
0.618 (3369)
The news background also disposes of the growth. For instance, Bloomberg said today that ETH is approaching a long-awaited fix that will reduce electricity consumption by more than 99%.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered a financial advice
ETH - Slowly turning BULLISHI think we are starting to form a strong support around 2100. I think ETH will be rangebound between 2100-2900 for a month or two before breaking out.
If ETH fails to hold 2100 then I will be super bearish.
ETH/USDT - optimistic 30% setupHello, Traders!
At the moment, ETH has corrected 50% of the upward movement and continues to be under selling pressure.
For some traders, the current correctional movement is accompanied by financial losses, while for others it opens new financial opportunities.
We may look for entry into purchases in the range of $2980 - $3020.
Stop-loss shall be set under the price value of $2740
Correction targets of the local downward movement will be the levels of
$3200
$3590
$3868
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ETH next target according to an Ascending TriangleAs can be seen in the image below, the rising wedge target was achieved as I predicted before in the related idea (link provided below):
After meeting the target it is forming an ascending triangle with a target closer to 4230, let us see if this plays out or no!
Ascending Triangle are continuation patterns in the direction of the trend and the trend is upward, so the price is gonna go upward hopefully!
Disclaimer: Take actions at your own risk and with proper research! This is my way of observing price actions, not trade signals!
Thank You!
ETH/USDTETHUSDT
The roof over the atrium consists of
It is Fibonacci that if this is broken, the ETH will grow again
He continues to support himself for the fall after the defeat
You can get a pair of small shorts, but there is a risk
Ethereum Hits Record High and there's 3 reasons why Ethereum Hits New All Time High
Yesterday, Ethereum breached all time high at $3,400, pushing the second largest cryptocurrency's market cap to more than $320 billion with more than 300% rally this year. Leading crypto-commentator Mark Cuban compares today’s blockchain to “the early days of the Internet.”
In Singular’s view, ether’s price has broken out for a number of reasons, among them the following:
Strong and Rising Institutional Interest
This week, Canadian digital asset manager 3iQ Corp and investment firm CoinShares has launched four new Ether ETFs, now trading on the Toronto Stock Exchange (TSX). This allows institutions to easily trade and invest as demand for crypto exposure increases beyond bitcoin. Also, companies like European Investment Bank and Visa, which is backing Singular have validated Ethereum blockchain by announcing issuance and settlement use cases, respectively.
During the last two weeks Four Ether ETFs launched on the Toronto Stock Exchange, making it easy for institutions to gain access as demand for crypto exposure broadens beyond bitcoin. In addition, institutions and companies like the European Investment Bank and Visa have validated the Ethereum blockchain by announcing issuance and settlement use cases, respectively.
Strong On-Chain Signals:
Usage of the Ethereum network is increasing and, by some measures, outpacing that of Bitcoin, as shown below by the number of active wallets and total transaction fees. In our view, Decentralized Finance (DeFi) and Non-fungible tokens (NFTs), both of which are burgeoning, explain Ethereum’s recent breakout.
Imminent Protocol Upgrades:
Ethereum historically priced transaction fees using a simple auction mechanism, where users send transactions with bids ("gasprices") and miners choose transactions with the highest bids, and transactions that get included pay the bid that they specify. This leads to several large sources of inefficiency:
Slated to go live in July, Ethereum Improvement Proposal (EIP) 1559 will change Ethereum's transaction fee model significantly. Aiming to lower the volatility of Ethereum’s fees, EIP-1559 introduces a mechanism to burn some transaction fees, detracting from circulating supply and introducing deflation to the Ethereum ecosystem. The impact on ether’s price could be like that associated with a Bitcoin halving event.
Notable are the risks associated with these positive developments. DeFi applications frequently involve significant leverage which, given interoperability within the Ethereum blockchain, might compound the leverage associated with other products. In the event of a downward spiral in ether’s price, the losses associated with deleveraging could be significant.
Additionally, EIP-1559 could become a contentious upgrade, as miners will bear the brunt of fees burned. A miner revolt could impede the progress of the EIP-1559 upgrade.
ETH LongETHUSDT
The advance that ETH has made has been able to roof the canal that is analyzed
Break the previous ones and now is the time to pull the price and the price
The range I specified to hit can go to defeat Fibonacci
And after pullback on the level of 1.618 you can enter
ETH/USD - potential 21% setupHello, Traders!
After the correction of the current growth from $1545 the buyers took the initiative and are trying to pass the sellers' area of interest of $2020 - $2140
A similar situation was at the beginning of February before ETH entered a new price range and the growth cycle continued
We may search for an entrance in purchases in the range of $2085 - $2145.
Stop-loss can be placed under $1,950
Targets will be Fibonacci extension levels based on the trend
$2335
$2455
$2525
Good luck and watch out for the market
P.S. This analysis is created for educational purposes only and should not be considered as a financial advice
