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Ethpriceanalysis

A SCENARIO WITH 3 POSSIBILITIES FOR ETH IN SEPTEMBER 2021A SCENARIO WITH 3 POSSIBILITIES FOR ETH IN SEPTEMBER AND OCTOBER In our last analysis scenario on ETH which is published recently, we have considered the possible pull back of ETH from $3600-$3800 zone. In this post, we will have a more detailed look at three possibilities on ETH movements these days. There is a "Bearish Shark Pattern" formation on ETH 4H chart by reaching to $3600 which can have two possibilities: Possibility 1: If the bulls can keep their rally, ETH can breakout the descending channel and face with the trend key resistance at $4000. If successful, then it can continue to hit new targets like $4200 and $4400. Possibility 2: if ETH cannot breakout the descending channel, then faces with a downward pullback to the channel midline. This can be considered as formation of 5-0 bullish pattern which can result in successful breakout from the descending channel in upcoming weeks. This can be more possible as we also predicted in our recently published ETH analysis a possible pullback to accumulation zone. Possibility 3: There is also a possibility of failure of ETH in successful pullback from accumulation zone, and expecting further corrections towards the support zone ($3100-$2900). All these possibilities depend largely on high leveraged position at the major exchanges! Crypto market is highly affected these days by market-making strategies of major exchanges in dealing with high leveraged long and short position! Our overall prediction for ETH in Q4 is bullish, however, September is always the month of unexpected market movements. Have a profitable trade ahead.
by SynchroBitTeam
1
THIS CAN BE THE LAST CHANCE TO BUY ETH BELOW $4K, BUT WHY?ETH has a very dense market movement these days and shows great resistance. Actually, if the leading exchanges don't manipulate the market and let the ETH HODLers and traders do their trade based on the analytics and logical measures, ETH can hit new records. In-chain data of ETH based on IntotheBlock.com analysis are highly in favor of ETH. The successful implementation of London hard fork and its consequences in ETH supply flow and scalability, are all key fundamental points for ETH upcoming bullish rally. In this analysis, we have take the pivot based approach into the consideration as today ETH is performing above its major pivot line in 4H timeframe and could have a successful breakout from Ichimoku cloud. However, there is a dense resistance ahead at the $3350 to $3650 price levels, which we expect result in downward pullback and surf the price down to $3200 (and possibly $3000). If this occurred, we suggest don't get panic and drink a tea! ETH has a great support zone between $3000 and $2880. This can be considered as a buying opportunity as we estimate this level will build a spin for accumulation. September is critical month for ETH to retake its bullish trend, and breaking out the $4k resistance. As ETH is always performing out of expectation (at least in most cases), it can start a quick surging rally to break all resistances ahead! Impossible is nothing .... If this scenario goes well, ETH can show a profitable ROI for its investors in Q4 of 2021 and hit new ATHs. Price levels and targets are marked by horizontal lines. Have a profitable ETH trade ahead.
by SynchroBitTeam
2
Ethereum 40% pump incoming?If we bounce at this level or at the 0.886 FIB level, I think that this has a good chance of playing out. On the way up we could probably retrace 50% and create a right shoulder for something that would look like an inverse head & shoulders. This would take us to the top of the harmonic reversal point. Again, there are lots of IF this than that. So this could be invalidated quickly. We would need to bounce pretty much right about now. If we don't, this pattern is invalidated.
COINBASE:ETHUSDLong
by DavidJDM
5
ETH possibilities. Falling wedge with a rising wedge.We broke down out of a bearish rising wedge and it looks like we are starting to create a bullish falling wedge. Inside we also are creating a bullish harmonic pattern. It is a bit rough so not a clean one but the reversal point is right on the golden 0.618 FIB level for the rising wedge. I think that we should most likely bounce on that level and if we don't break up out of the falling wedge, we could fall lower to the .786 fib level (which actually would hit the target of the rising wedge perfectly). Different possibilities Stay safe out there!
COINBASE:ETHUSDLong
by DavidJDM
Ethereum Bullish ForecastWe have a rising wedge inside of a massive falling wedge. The bullish scenario would be us coming up and touching the trendline finishing off the falling wedge but I think that we could still fall to lower levels that would hit the target of the rising wedge and then come back up. Usually for the price to break a trendline, it starts creating smaller shoulders. This would create a smaller right shoulder and with enough buyers I think that we could see 3k ethereum sometime soon. But again, falling wedges can break both ways but they have a higher chance of breaking up then down. If we break down, we could see a 1k Ethereum as well. A lot also depends on bitcoin, but I think that would be unlikely. Knowing crypto though, it is always a possibility lol.
COINBASE:ETHUSDLong
by DavidJDM
2
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.
COINBASE:ETHUSDLong
by DavidJDM
ETH is going to 4700?Descending Triangle formation by ETH price action. There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns. Let us see if this triangle will be bearish or bullish. I believe its a bullish as it also is forming a W double bottom in shorter time frame, and we might see an uptrend continuation from here! Nothing is certain, so lets wait and watch! You can check my previous ideas and price actions predictions by referring to the link below. Most of them were correct and played out well.
COINBASE:ETHUSD
by fullofsoul3
ETH - 12h. Buyers are preparing for the test of $3000 Despite the uncertain movement of the BTC price over the past few days, the ETH market has grown significantly. In our previous idea , we showed two scenarios of the ETH price movement that are possible in the medium term: As you can see from the chart, buyers managed to break through the range of the previous all-time high and gain a foothold above $2051. On April 18, buyers proved to the entire crypto market that this mark is important enough for them. In addition, the sharp buy-back of the ETHUSDT price over the next few days showed buyers ambition and a desire to continue pushing the price up to the mark of $3000 . Considering the situation in the crypto market today, as BTCUSDT is trying to continue falling, ETH buyers are preparing to renew the all-time high. Therefore, the main scenario for us is continued growth to the range of $3000-3300. An alternative scenario will take effect after buyers lose control of the mark of $2050 ______________________________ 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!
by P_S_trade
27
ETH NEW ATH THIS WEEK?!Ethereum was running last week and we saw as of right now for the last 10 days a 32% jump up! With BTC dominance still falling and not showing much upside I think this week we are going to see some very positive price action! ETH is getting very close to the top FIB level/ ATH it would be ideal if tomorrow we came out hot and closed our daily above the Top FIB putting us back into price discovery! The MACD looks very bullish we are seeing big separation in the bands. Aswell the EMA ribbons are starting to turn upwards and hopefully we can see them open up even more and carry us with some bull momentum. The RSI is cruising below the overbought zone but i think if we see a push past the ATH then we could see a little selloff to test supports and then start heading back up aswell to let our RSI come back down into the neutral zone! Not financial advice just my opinion
BITSTAMP:ETHUSDLong
by JacobR905
ETH - 12h. Continued consolidation or continued growth?Today, we closed the previous ETH idea because it achieved our target. It's time for a new idea. The sudden collapse of the ETH price on February 22-23 caught buyers by surprise. The main battle for the medium-term trend in the ETHUSDT market took place in the range of $1400-1430 . Interestingly, from where ETH prices began to rise in early February, it returned at the end of the month. This is clearly seen in the monthly timeframe: This fact increases the probability of a scenario of protracted consolidation until June 2021 . The main signal of this scenario will be a failed attempt by buyers to break the range of $1900-1950 . As you can see in the chart, it is from this range that the powerful momentum of the fall began. Re-testing this range at low volumes will give sellers a new chance to test $1350-1400. If we look at the chart of the ETHBTC pair, we see a similar situation: In early February, buyers gave sellers control over the range of 0.036-0.038. As long as ETHBTC prices are below this range, the probability of protracted consolidation is very high. An alternative scenario is to update the historical high and test the mark of $2690 . However, another factor in such a scenario should be the update of the historical high of BTC. _______________________ 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!
by P_S_trade
20
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) __________________________ 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!
Long
by P_S_trade
16