Bitcoin has shown a bounce and accumulation. Ethereum has shown No new accumulation even with the Futures ETF launch. Does this end up taking down the BTC Price? No I suspect the opposite will happen as people bail "Alt coins" "NFTs" "Web3" into all converting to Bitcoin Maxi's when the Ethereum price fails to grow and Bitcoin's price grows. RSI / MACD does not...
Just thought I would leave this here to see how it evolves as I don't look at Ethereum much besides the utility of stablecoins. In the past months Bitcoin has hit a macro bottom and completed a pretty good bounce roughly 90% indicating true accumulation + interest and this is before the Spot ETF's had been announced. Ethereum on the other hand had actually...
Traders, We have what appears to be an inverse H&S pattern playing out. The right shoulder still has not completely formed, so this is admittedly an early entry and more risky. But with Bitcoin holding it's supports nicely for over a week among other positive indicators, I'll take my chances here. I bought at the 50 day ma for $1,837. The R/R is 3.37. Final...
Traders, Admittedly, I may still be a bit skittish in this bear market. Maybe I am being too cautious? But with tomorrow's Shanghai upgrade on Ethereum happening tomorrow in which millions of Eth will be unlocked AND with this latest candle forming what could end up being a bearish shooting star, I am happy to take my profits here and wait it out. Closing this...
Quick update on the daily. More liquity was added now, look even more bullish sentiment, the RSI descending trendline was broke over and restested and looks to move up from here. I’m seriously seeing a huge move here. ETH Genesis whales may be able to buy up the float here. The lack of Liquidity below $0.09 was halting rising prices. Keep watching…
After the weekend, institutions will be selling Everyone knows the situation about USDC CIRCLE AND banks Therefore, we can withdraw liquidity from the top and go down
The Ethereum Foundation, a Swiss non-profit organization created in 2014, aims to promote and support research, development, and education on the Ethereum platform. With a treasury of around 336,000 ETH, the foundation regularly awards grants to projects that make a significant contribution to the development of the Ethereum ecosystem. In 2021 alone, they...
Somewhat confused here, I come from a traditional finance background TradFi if you wish, I decided to do some research on Ethereum as its in the talk next to Bitcoin . What I discovered this Ethereum is a mix between Enron and WorldCom and completely useless. Correct me if I'm wrong. 1. Ethereum is no longer PoW meaning there is no energy to create or maintain...
Ethereum bullish Ethereum Ethereum is a technology that's home to digital money, global payments, and applications.
Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Ethereum broke down this triangle📐 and I think there is chance for run to 973 and even lower. Setting SELL LIMIT order to previous range low @ 1233 to catch🎣 the pullback. The low @ 1172 is going to be critical, bulls do...
Ethereum is ready to break upside after a brief period of consolidation this morning. The price is nearing the bottom of the handle, so time to long towards TP regions shown.
Hello everyone, last night we saw a relief rally across Ethereum which wiped out the short position I have attached to this analysis. I am however sending out a second short as I believe the relief rally we experienced was standard chart physics / a fake-out. Don't forget to view and follow my profile! Thanks!
Ethereum has had its relief rally today capping out at key Fibonacci levels across multiple timeframes. From this, we have an opportunity to open a short position towards the target of $1000.
Ethereum is approaching the sloping resistance after the period of sideways-moving price action. The breakout above the resistance will be bullish for the short term. However, we do remain bearish beyond that and maintain our price targets of 1 000 USD and 900 USD. Our reasoning is based on the fact that the FED will continue to pursue economic tightening,...
Ethereum continues to trade within a range, not supporting bullish calls about the market bottom and primary trend reversal. Indeed, we believe this recent lack of appetite among investors to prop up the price higher highlights what we have been reiterating for a while now. Therefore, we have very little to update about our stance on this cryptocurrency (as much...
Ethereum continues to trade sideways like the rest of the cryptocurrency market. Because of no significant changes in fundamental and technical factors, we stay committed to our bearish view. Accordingly, we stick to the price target of 1 000 USD and 900 USD. We expect these price targets to be reached by the end of 2022. Indeed, we think it is possible the price...
ETHUSDT (4h Chart) Technical analysis ETHUSDT (4h Chart) Currently trading at $1570 Buy level: Buy after Breakout Stop loss: Below $1415 Target 1: $1700 Target 2: $1820 Target 3: $2000 Target 4: $2300 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Shorting $ETH from 1730 with 8% risk and 24% potential gain seems a good opportunity especially with the coming US CPI data and a potential fed aggressive hike int he next meeting.