Ethusdlong
ETHEREUM LONGS ACTIVE 📉📉📉Expecting bullish price action on ETH after price takes out the sell side liquidity below the old lows, almost the same move as we seen on the BTC. We also have an rsi bullish divergence suggesting a bullish reversal, we have a lot of bearish imbalances that are opened and price should quickly rise to FILL THEM.
What do you think ? Comment below..
Babysitting Baby Bitcoin- also known as Ethereum GO LONGMy chart clearly shows not 1, not 2, but 3 inverse head and shoulders on the way up for Ethereum, with a 20+% boost in price, and a step up in the average trading price, similar to Bitcoin , but it took Bitcoin a lot longe rto reach the price Ethereum currently sits at. I have nothing against Bitcoin, but knowing what I know now about each company/coin/blockchain/platform, etc, ETH will pass Bitcoin in the very near future (within 2 - 3 years I predict). Let's hope I am right because that would officially change my life....let me know what you guys think. Should we be looking for another, or does it matter? I think you buy and hold anyway with ETH because no matter what fluctuations happen, because we all know there is always down turns along the way.....She isn't showing signs of relinquishing this bull rally just yet.....
Once again, just a baby at this guys, but I am working my tale off to take all this info in, and get caught up. I want to make my own way doing my own thing, and the fact that everyone around me doesnt think it can be done when I know it can.....is more motivation, so please any pros with advice, I am all-ears, thanks guys!
ETHUSD and not Trading Waiting for a more accurate entry, rather than FOMOing in really will help you.. NOTE if the market looks weak you do NOT have to sell you can just wait for your longs..
We are still looking lower for longs and comfortable support as labelled. Let the market work its way throughout sentiment changes, like the one we are seeing currently.
ETHUSD Long zones to come..As always we are going to plan ahead. If we do not do this we leave ourselves at risk to the market long term.
This means we can:
Space out Trades with low sizes.
Accumulate positions as price gets lower.
Do not Trade ALL at once it is not healthy..
ALSO use the levels mentioned if you are less risk averse and not already long from Previous analysis.
ETH Buy a break setup.Ethereum - Intraday - We look to Buy a break of 3072 (stop at 2998)
Bullish divergence is expected to support prices.
A break of 3070 is needed to confirm follow through bullish momentum.
Further upside is expected and we look to set longs in early trade.
A lower correction is expected.
Our profit targets will be 3258 and 3298
Resistance: 3100 / 3150 / 3200
Support: 3000 / 2900 / 2800
ETHEREUM LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on ETH as we are rejecting an important area of ,,support,, bullish orderblock area on H4 + institutional figure 3000$ price takes out liquidity below it and quickly reverse to the upside. If we will see there a bullish closure above we will go higher. A lot of bearish imbalances also left on the bearish move that should be closed ASAP.
GREED/INDEX Indicator tells us that today crypto market is in a extreme fear market sentiment meaning there is a good buying opportunity.
Stock Market wants go up from a FUNDAMENTAL / TECHNICAL perspective. We have a positive correlation between stocks/crypto and this is another reason why we will go up from there.
What do you think ? Comment below..
ETHEREUM LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on ETHEREUM as price rejected an important area of ,,support,, if you will that's the bullish orderblock area on the H4 3160. Price also taked out the sell side liquidity aka buy stop losses below the old low. The reason i am not bearish right now on ETH is that price has A LOT OF bearish imbalances on the H1/H4 timeframe and i don't think we will go lower without filling those price ineffiecieny. First targest for the LONG order would be somewhere around buy side liquidity old high liquidity pool 3300$ price area.
FEAR/GREED Index on the CRYPTO market says we are in FEAR now, meaning there is a good buying opportunity.
What do you think ? Comment below...
ETHUSDethereum has pulled back a bit during the trading session on Thursday but has found buyers by the end of the day to turn things around and form a bit of a hammer. By forming a hammer, this suggests that Ethereum is going to rally from here, perhaps trying to recapture the uptrend. Furthermore, the 50 Day EMA is reaching above the 200 Day EMA, forming a “golden cross.”
Looking at this chart, if we can break above the top of the hammer, one would anticipate that a move to the $3500 level would be possible. The $3500 level has been a significant resistance barrier recently, and it is of course a large, round, psychologically significant figure that will attract quite a bit of headline noise, and perhaps even institutional money. Breaking above that level then opens up the possibility of a move to the $4000 level, which has even more resistance built into it as that is where we had fallen from previously.
On the downside, if we were to break through the moving averages, that could have this market looking to take out the $3000 level underneath, which has been important multiple times. Giving that up would then open up a move down to the $2500 level which had been so significant in its support, as we had formed the “double bottom” at that level.
Keep in mind that Ethereum is also going through the process of validating the next move in blockchain technology, and as the merge continues, it is very bullish for Ethereum. As it works from proof of work to proof of stake, that will also add more users to the network, thereby driving up the value of a coin. More developers were jumping on to the Ethereum network these days, and that has been a bullish driver as well. As long as there is risk appetite out there, and an overall bullish sentiment when it comes to crypto, is very likely that Ethereum will do fairly well over the long term. This is not to say that there will be the occasional vicious pullback, but that is the nature of crypto in general.
In the short term, it looks like the buyers are trying to make a stand, so I am more bullish than bearish, and recognize that we may have a short-term blast higher just waiting to happen.
ETH : What I Think About itETHEREUM what is next
Based on the chart the price has broken the trend line and the support zone $3400 ~ $3500. If the bulls able to be hold price the support area above i think we will see more gain and pullback to $3500 resistance zone and but if we lose this support area $3100 ~ $3000 we will continue more correction toward next support zone " $2600 ~ $2700 "
What do you think about it ? We lose support ahead or bulls could be hold prices?
Happy trading🌷
Ethereum (ETH) highly undervaluedThis chart image shows some historical data for Ethereum since her big breakout a little over a year ago. I have continued to believe that ETH will rise back up to my "Big Yellow Line" (the BYL) , eventually. When you have an overall positive trend within the 4H/daily resolution of a token, it will usually ride through ups and downs, and snap back to the trend eventually.
When a token drops far below that overall +trend --it's usually a very good indicator for anyone who wants a good jump on a long position.
♠️🤫🐿
Ethereum Update 6/4/22A conclusion can be drawn from the RSI that price is in a similar position as it was in 2017 (white circle)
This correlates with the bear market fibonacci circle which shows both periods of growth in the 2.618 fibonacci circle (2.618)
It also correlates with the 50MA, which is present in both scenarios
A big move is coming if the larger trendline drawn is now the dominant one