HEX / USDC UNISWAP 1HR CANDLEmoving sideways like the rest of the market, long term bullish, with the advent of PulseChain
launching i see Hex on pulse doing very well, on the new Eth based fork chain, faster speeds and cheaper fees/ P Hex is next on the watchlist, hodling my Eth hex for now and waiting. Ta on this is difficult at the minute with market uncertainty with regulations and gary gensler.
Ethreum
Ethereum 5 Year Macro Economics Outlook: Fractals and MoreWhen in Doubt, Zoom Out! Ethereum is measured exactly like their previous 2017 cycle. On the chart, you'll notice i highlighted the supports red, and the resistances green. Please comment on your perspective and share your insight, thank you!
ETH Update 2023-5-13Ethereum's downward trend is continuing and reaches a critical point at $1,720. If the downward trend continues more and the support line would be lost, this decrease can continue up to $1,355 and even lower. But if we see a change of direction at the point of $1720, the movement pattern can go towards an increase in price, in which case a new reanalysis will be needed.
note : This is a personal Idea
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Der Abwärtstrend von Ethereum setzt sich fort und erreicht bei 1.720 $ einen kritischen Punkt. Wenn sich der Abwärtstrend weiter fortsetzt und die Unterstützungslinie verloren geht, kann sich dieser Rückgang bis zu 1.355 US-Dollar und sogar darunter fortsetzen. Wenn wir jedoch eine Richtungsänderung bei 1.720 US-Dollar sehen, kann das Bewegungsmuster in Richtung eines Preisanstiegs gehen. In diesem Fall ist eine erneute Analyse erforderlich.
Hinweis: Dies ist eine persönliche Idee
Ethereum -> Wait For The Clean BreakHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum is once again retesting previous weekly structure exactly at the $1800 level which is now turned strong weekly support.
You can also see that the overall market structure and moving averages are still bullish, in my opinion the whole crypto market and especially Ethereum is ready for a bullrun, so I simply do expect more continuation towards the upside.
On the daily timeframe however you can see that daily market structure turned bearish with yesterday's break below support so I am now just waiting for a simple break back above the structure which is then turned support and then I do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
ETHEREUM short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
ETH will still explode again as of the bull marketThe Upper Pella upgrade enables ETH withdrawals for the first time.
The bears believe this will lead to continued selling pressure.
Bulls thought that the risk of not being able to withdraw was removed, leading to more deposits.
But what actually happened?
With withdrawals enabled, let's take a look at the breakdown of withdrawals to ETH. CEX leads the way in withdrawals, with ETH withdrawals accounting for 72.9%.
But that doesn't tell the whole story, because most of them are CEX withdrawing ETH back to itself.
What does this mean?
Most of the ETH sent to CEX is not primarily used for sales, but for the exchange's internal operations.
In particular, the amount of ETH withdrawn from krakenfx represents 35.9% of all 1.44 million ETH principal withdrawn so far!
One might think that Kraken users are bearish. However, withdrawals are due to the recent regulatory crackdown on exchange pledge services.
Most entities are currently holding the remaining pledged ETH balance.
LidoFinance remains to some extent the entity with the largest amount of ETH and accounts for almost a third of all ETH on the beacon chain.
Deposits have been flowing into the beacon chain since the upgrade of Upper Perla.
Liquidity pledge derivatives (LSD) topped the list, with Lido once again topping the list with almost 412,000 ETH.
Centralized exchanges are also doing their part. binance and coinbase are introducing over 315k ETH.
So who is right, the shorts or the longs?
Trust in ethereum continues to grow since the last Pella upgrade, and deposits continue to climb, reaching an all-time high in pledged ETH.
The bulls will win again.
ETH in a scary spot!The chart explains it self.
Momentum is king, that's why my indicator is so good at seeing what channels that are being respected or not!
Make sure to look at the volume weighted MA's when price breaks out or down! It's going to tell you if there is a continuation
Quick TPI update for ETH
ETH is still in the ranging-bearish territory... Stay safe!
Since the 19th of april, the long-term TPI for ETH has fallen approx 75%! This is a bearish sign!
Momentum Channel Indicator is linked below
Look at these important levels for ETHA person asked me to give ETH a look, here are my thoughts:
The value lines are centers of contraction zones
There are quite a few imbalances that could be filled.
The zones I marked with circles are points of contraction in momentum, this is often followed by a big move up or down.
The recent contraction in momentum happened above a daily value line, which means a long would be taken, for now I wouldn't hop into an ETH trade, but I would wait for either retracement to one of the imbalances or the Bullish Order Block. Make sure to look at momentum at each of these levels, you can make an alert at each price point
**TPI FOR ETH**
The trend probability for eth is still quite neutral, but we have seen a couple of signals
ETH also seems to be flat on its performance, compared to BTC, so you wouldn't be taking on much more risk by swinging longs on ETH than on BTC:
Hope this helps a bit
Looking to Short Crypto, Starting with ETH & BTCTrade Idea Following what bitcoin is doing on HTF, and from the look of it btc is reacting to weekly supply/resistance zone and its ready to drop in few days... its in the phase of distribution and its pretty visible on 1D and 4H chart
1D BTC
4h BTC
So now we waiting for price developments further as we reach that 4h supply
What I like most about this is that we respected supply and tapped into that HTF FVG as we swept that daily/4h high, which gives us more confluences for this trade idea to work
4H
ETHUSD next targetshello everyone.... in my previous analysis of eth the price hit the target..
with all the usd news recently the dollar index/dxy/usdx showing weakness at the moment...
this gives an advantage to crypto market... the price of eth may jump to 2400-2500 area since buyer started to jump in today
but first it needs to break the previous high of 2100, currently its sitting on the resistance area...
if price pulls back from resistance while usd is bullish... price can drop back to $1000 or below..
good luck to everyone..
Ethereum -> BoooomHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum is currently retesting and already rejecting a quite obvious previous weekly structure area at the $1900 level.
You can also see that weekly market structure is overall massively bullish, moving averages are also pointing towards more upside potential so I am now just waiting for any retracement before I then do expect a retest of the next resistance level at the $2400 area.
On the daily timeframe you can see that over the past couple of days Ethereum actually created a bullish double bottom and with today's candle Ethereum is perfectly breaking above the neckline at the $1930 level, so I am now just waiting for a retest of the neckline before I then do expect more upside continuation.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Forecast for the Crypto MarketI wanted to give a quick update on the Long-term TPI for BTC, and how I see the altcoin market doing compared to BTC:
The TPI has had a relatively high value for a long time
I can't foresee the future, but I don't believe that external market factors will allow this to keep going, I do believe we will see a big scare before the next halving of BTC
BTC's strength compared to ETH
As of right now, ETH is bleeding on it's BTC pair. We have been relatively stable since October last year, but BTC has been the safer asset in terms of returns (both downwards and upwards).
How is the altcoin market doing?
I've mentioned in a previous video idea that I believe that alts won't be outperfoming BTC in the near future. The dominance of alts are still on the decline, and the TPI value (-0.71) is indicating that dominance of altcoins will go lower than now!
I've linked my previous ideas on these subjects, as always... Stay safe