Ethereum Analyze(⬆️Up⬆️ or ⬇️Down⬇️)❗️❓In order to know what situation Ethereum can have in the coming days, I recommend you follow this post and analysis.
Ethereum has reached its heavy resistance zone in the daily time frame, while it has hit the important downtrend lines and SMA 200 (Daily TF) at the same time, and if you look closely at the chart, you will notice that the last time this happened, Ethereum experienced a sharp drop.
Since there is a possibility that Bitcoin will fall in the coming days, Ethereum cannot escape from this fall either. (Read the post below to learn more about Bitcoin analysis👇)
Now let's see if Bitcoin will fall, Ethereum will experience more fall or not❗️❓
🔆To answer the above question, better refer to the ETHBTC chart.👇
As you can see, ETH/BTC is close to the resistance zone and based on the Elliott wave theory, ETH/BTC is expected to be bearish for at least a month.
As a result, if Bitcoin falls, Ethereum will experience a greater fall, and if the cryptocurrency market rises, Ethereum will see a smaller share of the market growth.
❗️ Note ❗️: if Ethereum goes up over $1440, Ethereum can 🚀pump🚀 at least to $1680 or maybe more.
Ethereum Analyze ( ETHUSDT ) Daily Timeframe ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Ether
Ethereum - thoughts in hearing #1BINANCE:ETHUSDT
Good afternoon, colleagues!
I continue to think about this tool. There is no opportunity to describe the situation for a long time and I will give a more detailed opinion on Monday.
And for this period of time, if the instrument shows weakness in the range of 1261 - 1277, we can consider a scenario with a price decrease. In any case, we will see an impulse in one direction.
Thank you for your attention, I wish you success!
P.S.
All key prices are reflected by markers on the price scale...
Ethereum vs "Ethereum killer" who will rise in 2023The past 2022 was difficult and painful for all cryptocurrencies. But there were cryptocurrencies that depreciated by -60% per year, and there were those whose value decreased by -99.9999%
In 2022, the Ethereum team and community held The Merge (we think everyone who is interested in ETH knows about the main changes that have taken place)
Despite the statements of skeptics, Ether confidently took second place in the crypto world. From the volatility trading pair ETHUSDT, whose price grew rapidly in 2020-2021, ETHUSD is increasingly turning into an "index" that other cryptocurrencies are guided by.
Ethereum's buyers are confidently buying back Eth in t he important liquidity zone of $1000-1250 and have not allowed the price to fall below for more than six months.
This is a good sign that ETHUSDT price may grow maybe not very sharply, but steadily in the future.
On the chart, we have schematically depicted the possible route of ETHUSD price growth until the beginning of spring 2023 to the $1800 region
We described the possible general route of the crypto market price movement in 2023 in more detail in this idea:
Separately, We would also like to touch on the topic of "Ethereum killers". For some reason, marketers of various crypto projects that have been launched on the market in recent years have fallen in love with this narrative.
Someone said that Ethereum transactions were slow, someone said that the transaction cost was expensive, and someone said that the blockchain had a low capacity... etc. And every new project had to "bury Ethereum" in its problems.
But as the table below shows, each potential "Ethereum killer" for 2022 lost in value and capitalization proportionally much more than ETH itself
By the way, for each coin on the list, we wrote an analysis and our vision of the possible price movement. You can easily find what you are interested in using the search.
Write in the comments what you expect from Ethereum in 2023, and maybe we forgot to add some "Ethereum killer" to such an important list)
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ETHBTC - Broken Above Symetrical Triangle!We've got a significant break upward with ETHBTC at the moment - breaking out of this symetrical triangle it's been trading within for the last few months. With a Long signal from Crypto Tipster v2 last night we're already seeing gains of a few % in just a few hours!
Get your SL in at just under the most recent tradinf range, around 0.071 and watch this rise up to meet the most recent swing high, grabbing around 8 or 9% profit.
If you enjoyed this idea, agree or indeed disagree - drop us a comment, like & follow! :)
ETHUSD Short Scalping SignalIf you missed the LONG train, this is your chance to beat the market.
ETH meet its resistance and now declining. We can consider entering a small Short Selling order here. But it is safer to wait for an entry to go Long when the price meets the trend line at around 122x.
Short Setup:
Entry: 132x-133x
Tp: 122x
Sl: 136x
This is a Scalping signal, so we advise only risk a maximum of 2% of your capital. Always trade at your own risk, and never risk more than you can afford to lose.
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH) also moved higher to start the weekend, with prices moving gradually closer to $1,300.
Following a low of $1,240.95, ETH/USD raced to an intraday high of $1,273.22, which is its highest point since December 17.
Today’s move comes as an upwards crossover of moving averages has recently occurred, with the 10-day (red) trend line moving higher versus the 25-day (blue) line.
Typically such a move is a sign of current and future bullish momentum, and this could likely tempt more bulls to re-enter the market.
The next target will undoubtedly be the aforementioned $1,300 ceiling, which will likely be hit once the RSI climbs past its current ceiling at 59.00.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Ethereum thoughts in hearing.Good morning, colleagues!
I continue to think about this instrument.
Cryptocurrency markets are having a hard time now, but the hardest times are ahead in my opinion. If we start from what I see on the chart, I can say only one thing that this is not the worst, there will be more, but let's not get ahead of ourselves and thank for what we have.
Back to the chart, the price at the approach to the upper part of the trading range shows weakness, which draws weak players into the game and this is a great opportunity to sell the asset at favorable prices.
Based on the fact that in the price range of 1010 - 1100 there is a lot of floating prescription, we can expect the resumption of acquisitions from here, because in order to go to the top we need fuel at the expense of whom we will go.
Thank you for your attention, I wish you success!
P.S.
All key prices are displayed by markers on the price scale...
ETH/USD — Monthly Time Frame OutlookLooking at the monthly time frame and analyzing the 2017 cycle at large, it took 1096 days for Ethereum to reclaim its previous ATH at ~$1400. From here, we saw the historic cycle upwards almost claiming $5000, but falling a bit short.
The top of this cycle with the extension of 1096 days puts Ethereum at reclaiming the previous ATH in late 2024, alike to December 2017 and December 2021. History doesn't repeat itself, but if we were to follow this same structure then we'd see this cycle play out with the Bitcoin halving event in 2024. This year i'm expecting a similar short run-up like that of early 2019, before continued consolidation going into 2024.
There's going to be plenty of trading opportunities and more volume as opposed to 2022 where it was a constant free fall; markets have found themselves, not necessarily bottom on select assets, but ranging near bottom levels.
I mean sure we could go lower, like anything, you must take a look at your risk on your trade. What am I risking by taking the trade vs. what am I risking by not taking the trade? Well I entered at $975 for my long term Ethereum as i'm fairly confident $880 was the bottom on seen in June, and my risk by not taking that trade would be missing out on the double digit % gains from the bounce and the return to the mean in a few years. If I didn't take this trade I would be sitting on the sidelines and waiting, hoping, and shilling doomsday posts on the blue bird app in order for my thesis to play out so I can enter at a lower position. Nobody wants to be proven wrong.
Trading wise, this isn't a trading post, this is moreso a long term outlook, and throughout the year i'll update on some positions of mine. I will definitely keep you updated if we come down and wick lower, but for the most part, the markets are down 80%, this is prime position re-entry zones for the long term.
Daily reminder for your chip stacking: It doesn't matter whether you buy a commodity for $7, $100, or even $1216 when it's trading at $5000.
The markets have for the most part capitulated the 2021 hype cycle lads, and now all we're left with is the hardened crypto veterans who are in this for the long haul. It's going to be a long and slow year for the most part, but at least we'll have more volume to play with.
As always please do your own research, I am not a financial advisor.
💥☃️🌲Ethereum Analyze(Happy New Year ,01/01/2023)!!!💥☃️🌲☃️💥💐🌲Merry Christmas💥💐🌲☃️
I hope 💥2023💥 will be one of the best years of your life, and together we can achieve great success.
Ethereum was able to break the uptrend line with a long red candle.
I expect Ethereum will go down at least to the support zone.
Ethereum Analyze ( ETHUSDT ) Timeframe 1H⏰ .
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ETH ANALYSIS#ETH is currently holding the double bottom support at the black box area after breaking below to the ascending triangle as well as the rising wedge pattern,if eth loses the current sup [port we might expect more dump in the price and eth can test the blue box support area .
ETH ANALYSIS#ETH UPDATE.
#ETH has already broken below to the rising wedge and currently testing the lower band as the resistance .There re 2 possible moves that could be possible in the upcoming hours but until eth closes above the purple box resistance area longs are risky however shorts are most preferred positions as the chances of eth rejection from current resistance are so high.
ETHEREUM: GOOD MOVE INCOMING!Hello traders, I hope your Christmas was great. I had a great time with my family and friends and it was blessed.
Well, it's time to get back to the market, and here we are with the ETH update. I am gonna use the 8 hours timeframe to analyze the chart.
Currently, ETH is dodging between the support and resistance lines. With the price trying to break above the resistance, I am expecting a 10% to 12% upward move on ETH. The indicators supporting this move are the RSI and the 21 MA. Technically, if ETH manages to hold on to the lower supporting trendline then it is fine but if ETH breaks down below it then we may see some bearish tension.
If you wanna trade on ETH then $1188 to CMP will be a good entry-level. Stop loss will be at $1145 and the target will be 8% to 15%.
Note: Trade at your own risk and if you are confident enough. Do not take it as financial advice.
Thank you for reading. Trade safely.
ETH ANALYSIS#ETH UPDATE.
#ETH is currently trading in rising wedge pattern which is generally a bearish pattern .On losing the lower band support we might see eth again testing the blue box support area once again,keep eyes.
ETH ANALYSIS#ETH UPDATE.
#ETH is currently trading at the resistance area on daily,since eth could not close above the resistance last day we must wait eth to close above the blue box resistance area.On closing above the resistance the next resistance for eth would be pink box area.
Ethereum ETH Price prediction for the end of the yearThis week we have the CPI report and the FED meeting. I expect the stock market to go down and cypto to follow it.
My price target for Ethereum ETH for the end of the year are the following:
ETH/USDT short
Entry Range: $1200 - 1300
Take Profit 1: $1140
Take Profit 2: $1090
Take Profit 3: $1000
Stop Loss: $1395
Etheurem to break to the upside?Ethereum - 14h expiry - We look to Buy a break of 1312 (stop at 1269)
Short term momentum is bullish.
There is no clear indication that the upward move is coming to an end.
A break of the recent high at 1302 should result in a further move higher.
Price action looks to be forming a bullish flag/pennant.
We look for gains to be extended today.
Our profit targets will be 1418 and 1438
Resistance: 1300 / 1330 / 1350
Support: 1280 / 1250 / 1220
Disclaimer – Saxo Bank Group.
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ETH ANALYSIS#ETH UPDATE.
#ETH is currently holding the double bottom support on 4 and 1 day TF and break below this could result in more dump in the price of eth.