ETHUSDT - Broadening Wedge PatternETHUSDT (1D Chart) Technical analysis
ETHUSDT (1D Chart) Currently trading at $1785
Buy level: Above $1800
Stop loss: Below $1550
TP1: $2000
TP2: $2175
TP3: $2450
TP4: $2600
Max Leverage 2x
Always keep Stop loss
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Ethreum
Ethereum ETH price under the threat of falling. Hardfork soon🔥In 10 hours, the Shapella hardfork will include two major updates, Shanghai and Capella, lower commissions, and add the ability to withdraw ETH from staking.
And it is precisely the possibility of withdrawing Ethereum from staking that can create a good additional supply of ETH on the market.
We have seen various assumptions about the amount of ETH that will be released to the market, from a positive figure of only 1 billion$ to the most pessimistic 34 billion$. It all depends on the temperament of the person who made the calculations and put forward their assumption.
However, the eternal law of supply and demand cannot be changed: More supply means a lower price.
Now let's get to the facts, and we are only interested in one:
According to the project documentation, with the input data that is known now, full unlocking of funds is available for eight validators per epoch (1,800 per day). This means that 57,600 ETH (~110 million$ at the exchange rate at the time of writing the idea) can be withdrawn from the staking every day under this procedure.
Taking into account that the daily turnover of ETH is 9-10bn$, the unlocking should not critically affect the price of ETHUSDT
But who knows what it will be like in reality)
So, we have identified a wide range of $1350-1550 for ourselves, where we are ready to buy ETH again in our medium and long-term investment portfolios.
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ETH ---> what happen next?!hello guys.....
today we wanna analysis BINANCE:ETHUSDT in the daily time frame...
when coins or currency pairs break the trendline in most cases is going to form a compression or a range between the previous pivot and the break-out zone!
besides that, eth made a cup, and I suppose it will form a handle very well in the future.
the target of this pattern is $2280.
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Bitcoin TVL versus ETH TVLI just noticed that the Bitcoin TVL ( total Value Locked ) is just below where it was on the Nov 2021 ATH and yet the current Price of Bitcoin is less than Half what the ATH price was
Mean while on the ETH TVL chart, it is a very different story
Could it be that sentiment for ETH is Low with the Fork coming in ?
But Bitcoin is certainl leading the way and the show of strength there is undeniable
ETH/USDT weekly Hi,we are on the weekly time frame for ETH/USDT as we see we are in a channel and the end of trend is going slowly but the biggest problem is hidden divergence or HD- on the RSI so can expect to have frome ETH to make a lower low to get a RD+ on the RSI and after that we can say the bullish market is starting, I have to say this HD- is clearly showing on BTC/USDT and many other big currencies chart so we can say the down trend is exist on weekly charts.
this is just on of scenarios and can be failed so there is no advice to make decision on this analysis.
Eth going to 3k?Eth looks good after successfull breakout the 1700 resistance
🔸Now ETH consolidated a Adam & Eve pattern in daily chart
🔸Bulls need to breakout the neckline to confirm the bullish
🔸We can see ETH above 3000 incase of breakout
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ETH's canary in the coal mineThe ETH long to short ratio can tell us a lot about positions in the market and the corresponding impact on price. When this ratio is over .5 start to worry. When it moves into the high water mark, it is time to start closing longs and building shorts. This is a long term perspective and not for short term traders.