ETH USD IS STILL BEARISH - CHANNEL + LEVELSIt does not look good for now. Bulls are not here. The bearish channel seems perfectly clear, and we need to wait to step out to open a LONG position. I prefer to place SHORT positions at the upper side of the descending channel. You can swing a LONG position at the bottom of the channel, but it is risky.
Ethprediction
ETHEREUM NEAR FUTURE PREDICTION(1HChart)Technical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Long Term and internal)
We have 2 Uptrend in green color (Internal Uptrend and long term uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Good luck everyone, stay safe!
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ETH - what's coming in the near future on 2D?The price has broken the main trend line in blue colour on 2D. The purple horizontal lines are liquidity levels - this is where the price always heads to. Keep this in mind.
The price has tested Ichimoku support (red colour line of the light green cloud) couple of times, but did not break it.
Currently the price is moving up either within an ascending wedge between black line and blue trend line OR is moving up within black coloured channel towards liquidity level and BB medium.
The indicators unfortunately are not showing much. Stoch RSI and MACD are only suggesting a prise rise, but are yet to provide a confirmation.
Price reversal - I see 3 potential points at this time:
1. At descending trend line in green colour.
2. At liquidity level around 4,010-4,030 USD.
3. At Ichimoku's cloud resistance that coincides with a dotted blue line.
In either case, price reversal should be confirmed by a daily candle which closes with a pin bar or bears engulfing pattern + a vertical volume should give us a long green candle on that day - then a price reversal and a drop to 3,195 USD becomes most likely!
I will update this ETH analysis as we go along.
ETH EXPECTATION IN THE NEAR FUTURE (1H CHART)Technical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and long term)
We have 1 Uptrend in green color (Internal Uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Sorry I did not post lately since I had covid
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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ETH EXPECTATION IN THE NEAR FUTURE Technical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 1 Downtrend in red color
We have 1 Uptrend in green color (Internal Uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
ETHEREUM NEAR FUTURE ANALYSIS (1HChart)Technical Analysis Summary
ETH /USDT
TREND ANALYSIS
We have 3 Downtrend in red color (1 Long term 2 internal)
We have 1 Uptrend in green color
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow Daily Support Level is a level already tested and is not an entry level I added it only for explanation purposes but it could be a reversal level.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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ETHUSDT 1HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH /USDT
TREND ANALYSIS
We have 1 Downtrend in red color
We have 1 Uptrend in green color
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow Backend 4H level is a level already tested and is not an entry level I added it only for explanation purposes.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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ETHEREUM 1H NEAR FUTURE PREDICTIONSTechnical Analysis Summary
ETH /USDT
TREND ANALYSIS
We have1 Downtrend in red color
We have 2 uptrend in green color (LONG TERM AND INTERNAL TREND)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
ETHERIUM EXPECTATIONS IN THE NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH /USDT
TREND ANALYSIS
We have1 Downtrend in red color
We have 3 uptrend in green color (LONG TERM AND 2 INTERNAL TRENDS)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content benefitial please dont forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
ETH/USDT 1HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color
We have 1 internal uptrend in green color
The wider the trend the stronger the trend (I use thickness)
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Be careful trends need to be modified when broken to the new peaks.
The yellow are level that have already been tested I am drawing then just for explanation purposes.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
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Exercise Proper Risk Management
Etherium (ETHUSD) 1HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH/USD
TREND ANALYSIS
We have 2 UPWARD trend in green color
we have1 downward trend in red
The wider the trend the stronger
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
ETH - CONSOLIDATE BEFORE PUMP? OR NO?Hey guys. This is just a look at ETH on the daily chart. ETH definitely has the juice for some powerful blasts but I think we MAY consolidate first for just a bit.
I'm definitely not as confident in this idea compared to some others as most of the indicators really don't help as they are all stuck in the middle "decision zone".
THERE IS the possibility that it pumps up to just about 5K and THEN consolidates between the 4.5K-5K area instead. With more time, I imagine the data and indicators will be more clear and we'll have a better idea of what's going on.
I'm DEFINITELY BULLISH on ETH for the rest of this market cycle which I think could carry on into next year. I think all of the "end of the year" forecasts will be irrelevant because I believe market cycles are lengthening! Over time I think that more people will agree with that opinion.
The consolidation pattern is based off of fractals and previous bar-patterns.
I haven't made a chart for ETH since the previous ETH Inverse H&S pattern target of $4500 Which played out EXCELLENT! (link below)
So here is a new chart and as always I will make necessary updates so make sure to set alerts to notify you of updates.
If you like this idea please LIKE, FOLLOW, SHARE. It's all appreciated. Thanks for everything. I welcome all feedback and comments (unless they're UNNECESSARY AND NEGATIVE, that's not what I'm here for)
*** As always, This is NOT FINANCIAL ADVICE, This is just an idea based off of my research and experience studying and trading cryptocurrency. I ALWAYS RECOMMEND doing your own research before investing in anything. ***
ETHUSD top-down analysisHi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also let me know your thought in the comment section what you think about this pair.
Ethereum bearish parabolic curveLong term I am bullish on crypto but it looks like we have a bearish parabola. From here I think that we have two options. We will either dump more until we find support. I think one of the first spots is the long term trend line which is around $1800. But if we break out of this parabola, parabolas usually retrace 50% or even up to 78%. So the fib levels are the targets. From there we would probably consolidate until we decide which direction we would want to move.
ETH Wyckoff AccumulationAttempting to map out a potential accumulation for ETH.
I would expect it to trend closely with my mapping of BTC Wyckoff accumulation (linked below), but the timing seems to deviate.
I see the crypto market dropping to test the pervious lows once more before continuing a bullish momentum for the next few months.
Comment your thoughts bellow
ETH - 6h. Buyers want to test of $1760-1800The rapid fall of the ETH market made its investors think about the power of this coin. In 7 days, the price of ETH fell by 35%. The main horror that investors experienced took place on February 20-23 , when the price of ETHUSDT fell very sharply from $2000 to $1350. The sharp drop in ETHUSD was facilitated by a sharp correction in the BTC market:
However, the complete surrender of buyers took place after the loss of the range of $1760-1800 . The chart shows that on February 22, sellers managed to push the price below this range on large volumes. It was after the retest of the range of $1760-1800 that the ETH market collapse continued with renewed vigor.
At the moment, buyers are trying to form a new growth trend, but the initiative so far belongs to sellers. It is the test of $1760-1800 that will become clear, sellers still have strength to continue the correction.
To continue the local growth of the ETH price, buyers need to hold the liquid zone of $1390-1440. A test of this range on low or medium volumes will give buyers a better chance of continued growth towards $1760-1800.
P.S. Our ETH idea worked well and the price made a minimal correction. Therefore, we will soon make a new global ETH idea:
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ETH-6h. How realistic is the optimistic scenario of growth 2200?Very slowly but surely, the ETH market is moving towards the goal of our previous idea :
If we compare the nature of the ETH price movement with other coins, we see that ETH buyers are in no hurry to accelerate the growth trend and organize momentum growth. The price of ETH is slowly rising, testing the main support areas. After confidently keeping $1700-1750, buyers managed to update the historical high. However, since then the price has risen by only 8% . If we compare it with the growth of IOST or DASH , it becomes clear why we do not take into account ETH for trade.
However, in this idea, we decided to consider an optimistic scenario of ETH price movements. Since the previous liquidity zone of $ 1850-1880 is under the control of buyers, there is a possibility that buyers will still come to life and be able to organize a sharp impulse to target $ 2200-2230
The main problem for this scenario is the ETHBTC chart
As you can see from February 6, the price of ETHBTC is systematically reduced. Confident consolidation of the price above the green range will give a good signal for the formation of a new impetus for growth in the ETHUSDT market
Therefore, we expect to achieve the goal of BTC e dslvsnws $56000. We hope this will stimulate ETH buyers to take decisive action)
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ETH - 2h. We expect a repeat test of $1270.Yesterday's wild growth of BTC , provoked by tweets, you know who or bitcoin expiration, did not provoke ETH buyers to grow wildly.
The ETHUSD price failed to break the previous liquidity range of $1420-1440 . Even the increased trading volumes did not satisfy ETH buyers to take control of the liquid zone, from which the correction began on January 25.
At the moment, sellers are trying to take the initiative and keep the range of $1340-1350 to continue falling to the mark of $1270.
There are two possible scenarios of price movement near this mark. So when sellers hit the mark of $1270 we'll come up with a new idea. However, at the moment the price of ETHUSDT is moving in a falling channel.
Our subjective opinion - while the price of ETH below $1340 correction is not completed. However, the range of $1180-1200 is good for buying ETH, given the risks.
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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!
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:
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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!
ETH-4h. Be careful in the $550-560 range!The hype around Ethereum 2.0. was able to significantly raise the price of ETH. However, buyers failed to break the $600-620 range.
The last attack of buyers was on low volumes .
The critical point for continued growth is $550-560. Above $620, buyers will once again be able to dream of a $840.
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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!
ETH 12h Critical point 425 is again under sellers' control More than a month has passed since the publication of one of our most well-aimed ETH ideas .
During this time, Ethereum was almost able to test the key level $425.
Obviously, such ETH confidence is added by DeFi projects , which are mainly based on it.
Also, according to the promises of the developers, Ethereum 2.0 can be implemented even in 2020.
What do we expect from the ETH movement?
In the coming days, it is important to follow the price behavior in the zone $418-425.
If we manage to fix above this zone, then the price is likely to go higher in the range $444-450. It's too early to talk about the targets above.
If buyers do not show their strength in the zone $418-425, sellers will be able to sharply attack down. First, to the levels $363 and $325-335.
Globally, we expect a fall to the zone $286-293.
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