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ETHWUSD Unstoppable at the moment, eyeing a complete reversalETHPoW (ETHWUSD) is on an extremely strong 1D candle having closed the November 09 gap and is now targeting the 6.1300 November 08 High, which basically started the collapse to its market bottom. This is an unstoppable gap fill push on a U shaped recovery that eyes a complete long-term reversal. We can see the next consolidation within the 6.1300 - 7.6100 Highs (Nov 08 and Oct 26 respectively) but above that we expect a Q2 test of the 12.7800 September 29 High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ETHWUSDLong
by TradingShot
1
ETHW 3.4$ TARGETETHW is one of the worst crypto of all time. Its poor performance is due to the lack of developper, free airdropped coin and high inflation. Since the merge 570 000 ethereum proof of work were minted, that a strong selling pressure on a crypto without buyers. Binance will not list it because coinbase have more than 10m free ethw coins and will be dumped on if they list. The airdrop was done poorly keeping large exchange holdings ethereum on board, generally speaking airdrop projects blacklist large entities to not being taked as hostage and let users get their share by withdrawing their coins on their wallets. Miners mining it at loss would not keep on mining and will migrate to better project like raven coin and etc. If it breaks its last support it can go to 3.4 and then to zero, because at this point this project will be deserted.
Short
by worldlyCake96255
ETHW BOTTOM IS IN! NEXT RUN UP ABOUT TO START, ALL ABOARD!ETHW looks like its about to make its next run up. This will be wave 3 and the previous high around $14 will be a blip on the chart. I can see ETHW running to about $40 on this next run and possibly higher depending on how much attention it receives. I think the bottom was around $7.60 like I predicted in my previous chart which was major support. Invalidation of this idea would be a break of $7.50 and a close on at least a 4 hour. If that happens then I would expect a move down to next support around $5 with wicks down to about $4. At that point we will revisit and re-evaluate. I dont think this will happen though, I think ETHW has found its bottom on this wave 2 correction. This is not trading or financial advice this is just my opinion. Thank you and if you like my work, please support me by giving me a boost and follow me. Good luck out there everyone. This was my previous charts showing the move that was just completed.
Long
by Bitgolder
5
ETHW ETHEREUM POW Double Top Measured Move $8> Cup & Handle?ETHW had a nice run yesterday. It hit most of my targets from my previous chart: however it did not make it to the $18 resistance but this coin is so new, support and resistance levels have not really been established fully yet. So ETHW pumped after testing support and is now coming back down to test that same support. A double top has formed and if support is broken at $10.20 and closes below at least on a 15 minute then a measured move down to $8 is likely with a few stray panic selling wicks down to $7 and $6.50 is very possible. There is declining volume, the MACD is showing bearish divergence, and the RSI is also showing bearish divergence so I am leaning a lot more towards a downside move. BUT... There is also a larger formation of a cup and handle pattern. If ETHW manages to close above $14 on the hourly then the cup and handle would have a measured move of around $21 dollars with FOMO wicks to $25 is easily possible. Yesterday the buy orders were much greater than the sell orders, and now the buy orders have started falling off on Kraken and the sell orders have gone up massively, with decreasing volume. I think this is the local top and a correction is imminent, I think once we break below $10 then we will see a fast drop down because the order books are skimpy. I still believe that ETHW will take off and get into 3 digits at its macro high during this next bull run. This is not financial advice this is just my opinions and speculations.
BITFINEX:ETHWUSDShort
by Bitgolder
9
ETHW USD Cup and Handle Possibly Playing Out! Target $24 -$34ETHW has formed what looks like a nice cup and handle . There is a nice increase in volume this morning and the price is beginning to creep back up towards $14. If ETHW breaks $14 and closes above on at least an hourly then I would say the pattern is complete and a measured move to at least $24 dollars, and then $34 if its still going strong at $24. I will be waiting for the break of the neckline with decent volume for confirmation the pattern is valid and playing out. This coin is extremely volatile so proceed with caution. If ETHW gets to previous resistance at $14 and does not break and loses steam, then this would be a nice double top and a correction down to $8 and then possibly $6 would play out This is not trading or financial advice this is just my opinion. Thank you and good luck my friends.
KRAKEN:ETHWUSDLong
by Bitgolder
2
ETHW USD Cup and Handle Possibly Playing Out! Target $24 -$34ETHW has formed what looks like a nice cup and handle. There is a nice increase in volume this morning and the price is beginning to creep back up towards $14. If ETHW breaks $14 and closes above on at least an hourly then I would say the pattern is complete and a measured move to at least $24 dollars, and then $34 if its still going strong at $24. I will be waiting for the break of the neckline with decent volume for confirmation the pattern is valid and playing out. This coin is extremely volatile so proceed with caution. If ETHW gets to previous resistance at $14 and does not break and loses steam, then this would be a nice double top and a correction down to $8 and then possibly $6 would play out This is not trading or financial advice this is just my opinion. Thank you and good luck my friends.
Long
by Bitgolder
ETHW ETHEREUM POW Primed For Takeoff! $18 Next Big ResistanceETHW has been moving up steadily. I see lots of buy orders on exchanges with many less sell orders. This is being accumulated in my opinion and is about to rocket back up to previous highs. Next major resistance is around $18 maybe a few stops and bounces on the way to $18 around $10 and $13 but this could run quick since there really is not many to buy at the moment. Even if this coin doesn't succeed in its mission there will still be a FOMO pump just like with all the other major forks. $18 is my shorter term target with potential longer term targets up to previous highs when it was just IOU's trading around $60. This is not trading or financial advice this is just my opinion. Thank you, like and follow for more updates on your favorite coins. INVALIDATION: ETHW may bounce off $7.50 but if that fails then we may head back down to next support around $6.50 and then $5.50 which is heavy support! I think a pump is more likely though.
BITFINEX:ETHWUSDLong
by Bitgolder
7
ETH ETHEREUM >BIGGEST RUG PULL IN HISTORY< Ethereum was working just fine but the genius Vitalik Buterin thought it would be a good idea to move to POS. This has to be the dumbest move in history. For what? To save power? Are you kidding me? Do you realize how much energy is used in all those giant banking buildings around the world? Ethereum was maybe 1/1000th of the amount of energy that the banks use around the world. This had nothing to do with going green at all and now the rug is being pulled on investors. Ethereum POS (piece of sh*t) is going to crash and its going to crash fast. Today the SEC said they own all the Ethereum nodes. Also those people who have ETH staked will have a hard time getting their ETH unstaked so they can sell, so they will lose everything too while the big money is dumping on them. Ill give it maybe a month at max before all those projects on the new chain start to migrate back to the original chain that was working just fine for many years, which is now called ETHPOW. Get out while you can! This is not financial or trading advice this is just speculation and my opinion.
Short
by Bitgolder
7
ETH POW ETHW Cup and Handle Formed, Targets $9.5 - $10.5ETHW has been really volatile and bearish because everyone is selling their free ETHW. I think the ones who sold now will regret it in the future but thats just my opinion. A nice cup and handle has formed and a measured move would bring ETHW to around $9.5 and an extended target of $10.5 is possible as well which is also a resistance zone. There isn't very much liquidity right now in this coin so these prices are really volatile. Don't forget people, the new Ethereum POS is a brand new chain, and enyting can happen. I can almost bet that no new capital will be flowing into Ethereum and I don't mean Joe down the street I mean big money. No big investor with half a brain will risk that, its new and needs years for big money to feel comfortable investing in it again. If and when something goes wrong with the new chain you better believe that everything will flock back to ETHW the original chain that WORKED just fine, including the value of Ethereum!. Good luck out there. This is not financial or trading advice this is just my opinion. Thank you
KRAKEN:ETHWUSDLong
by Bitgolder
9
ETHW (ETH PROOF OF WORK) 4 hr chart, UPDATE!ETHW (ETH PROOF OF WORK) 4 hr chart just looking bat this chart, I see right away Hidden Bullish Divergence...thats where the RSI (RELATIVE STRENGTH INDEX) charts a higher low and the price charts a lower low. Bc its so new and not alot of Data, that what i see right now quickly. Ill keep it updated. I see its still holding $8.00 which is big support this short into the new POW era, the RSI cannot break down beneath the line i have in the sand listed or its going lower.
BITFINEX:ETHWUSD
by bylerzone
ETH daily chart, yes it bounced bullish, check it outETH daily chart...Of course the Merger happened from "proof of work" to" proof of stake" and so far so good and the blockchain is running great. Im looking for Institutions to begin coming in from now on out. I also see ETH flipping BTC in the coming few years. So take a look at the candle hitting the trendline and looking for a bounce up. If it breaks below $1405 mark, the supports are listed. The RSI is looking bullish as well... Unless a blackswan event were to happen, i believe we have hit the bottom back where I listed it. Personally if ETH drops under $1k im backing up the truck but i do belive we have bottomed out. but we will see...Ill try and keep this chart updated.
Long
by bylerzone
3
ETHW ETHPOW Pennant Failed, Now In Channel Target Is The SameETHW this is an update to my previous analysis. ETHW broke down and the bull pennant failed. Now in a descending channel, finding support around $10.50. People are selling their free ETHW coins right now so we need to be patient. This is also so new so analysis is hard because of liquidity at the moment. If ETHW breaks down out of this channel then we could see single digits. This is not trading or financial advice, just my opinion. Thank you for checking out my charts, follow me for more updates.
KRAKEN:ETHWUSDLong
by Bitgolder
ETHW ETHPOW USD : QUICK 2x Coming! This Thing Could Really Run!ETHW , ETHPOW, or Ethereum Proof Of Work, looks like its about to retest the previous high area. This could run pretty quick because there isn't very many coins for sale yet. The indicators are showing that a nice move is about to play out to the upside. Plus you never know this thing could really run. Lets say something happens with the new POS chain, where would everyone run to? They will probably go back to the original ETH where everything worked fine. Either way, this is high risk and just speculation, but the reward could be massive. This is just my opinion and not financial advice, good luck out there evryone.
BITFINEX:ETHWUSDLong
by Bitgolder