Get started

Ethereumanalysis

#Ethereum Gains 14%, ETH May Rally to $1.7kPast Performance of Ethereum Ethereum is printing higher highs relative to the lower BB. At spot rates, prices are steady in the last trading day and up double digits week-to-date. Technically, ETH prices could rise in subsequent trading sessions, especially if there is a solid close above the middle BB and $1.25k liquidation level. #Ethereum Technical Analysis From the daily chart, buyers are in control, edging higher in a possible retest. As ETH bottoms up, there must be a solid close above $1.25k and the middle BB with rising trading volumes. Based on the formation in the daily chart, aggressive traders may find loading opportunities on every dip above $1.1k. Any close below $1.1k may pour cold water on the upsides, slowing down buyers. Conversely, any close above $1.25k with an uptick in trading volumes may pump ETH towards $1.7k in the medium term. What to Expect from #ETH? Although prices are inching higher, ETH is technically in a bear breakout formation, provided prices are below $1.25k and the middle BB. A correction below last week's key reaction points will slow down bullish advances. Resistance level to watch out for: $1.25k Support level to watch out for: $1.1k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
$7000 or $15000 per ETH this year! What does it take?We continue to do reviews of the trading pairs you voted for in our BTCUSD price forecast As it turned out, we haven't made an idea about ETHUSDT for more than half a year, but why? Because the previous idea ETHUSD working out exactly, until recently, having passed 3/4 of the planned way up, see for yourself: Today's Ethereum price forecast turned out to be very optimistic, with a spoonful of tar at the end. Since this is a global view of the ETHUSDT price chart, today we will highlight the main and critical levels to start a strong up or down trend. In order to start a strong up trend, ETH buyers need to firmly anchor the price above $3200 in the coming days or weeks. At the same time, it is desirable not to release the price below $2550. If these conditions are met, it may open the way for the so far exorbitant targets of $6900 and $14800 for ETH. Optimism and belief in the bright future will completely disappear from ETHUSD market participants if the ETH price goes under $1750, which is the last critical level for buyers. And below that there is nothing and the possibility of ETH price going down to $600-800 Maybe, our chart is not easy to read, but if you look carefully, you will find some tips that can help you in a critical moment. And we are always open to reasoned discussion, so Go to comments!) _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
51
#Ethereum Upside Limited, ETH Bulls Stand a Chance above $1.7kPast Performance of Ethereum Ethereum prices are racing higher, recovering from 2022 lows of around $1.7k. Bears are still in control despite firm prices and recovery from last week's lows. Traders may find entries to buy the dip at spot rates in anticipation of a recovery. Currently, ETH is up five percent versus the USDT but steady in the past trading week. #Ethereum Technical Analysis From the daily chart, ETH prices are stable. However, bulls are struggling to print above immediate liquidation levels from the weekly chart. Although last week was bullish, the retracement at the tail end of last week slowed bulls. Traders may find entries to accumulate at current levels provided prices are trading above $1.7k—2022 lows. Conversely, a safer approach for risk-averse traders is to wait for a clean break above May 30 highs or $2.05k. In that case, their immediate target would be $2.2k and, ideally, May 11 highs of $2.45k. What to Expect from #ETH? The immediate trend is bullish, as per the formation in the daily chart. Even though there are hints of strength, prices are moving below the middle BB (a flexible resistance line) and below the $2k line. In subsequent sessions, ETH prices must soak in selling pressure and rise above $2.05k if buyers are to take charge. Resistance level to watch out for: $2.05k Support level to watch out for: $1.7k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
Ethereum: BlueI’m blue Da ba dee da ba di Da ba dee da ba di Da ba dee da ba di In case you won’t get this Eiffel 65 song out of your head today – sorry! However, blue is indeed Ethereum’s preferred color scheme in our chart. From its current position in the lower blue zone between $1295 and $2164, Ethereum should rise into the upper blue zone between $2305 and $2472 to finish wave (iv) in blue. Then, it should drop back into the lower blue zone, making it even as far as the overlapping yellow zone between $1743 and $589, in which wave (2) in yellow should end.
BITFINEX:ETHUSD
by MarketIntel
ETH Update - Next Target @ $1,600The 4 Hour chart is over bought. Momentum is dying and it looks like ETH will be on its way down soon. Opening longs here might not be the best idea while inside this bear flag / pennant however you want to look at it. Small bounce expected once it hits #5. Entry Between: $2,053 - 1934.36 Take Profit: TP 1 - $1,792.41 TP 2 - $1,613.06 Stop Loss: $2122.11 If you'd like me to analyse any other crypto send me a message or leave a comment 👍🏽 Happy trading! Not Financial Advise. Do Your Own Research.
Short
by priitzzy
#Ethereum Bulls Has Strong Resistance at $2.2kPast Performance of Ethereum ETH prices are relatively stable, swinging, from a top-down analysis, in a bear formation pattern as per the candlestick arrangement in the daily chart. Even though traders are hopeful, expecting substantial recoveries, bulls should first shake off bears by closing above $2.2k in the immediate term. In that case, ETH may spring higher towards March 2022 highs. #Ethereum Technical Analysis There are hints of strengths going by the formation in the daily chart. After sharp losses in the first two weeks of May, ETH prices stabilized before inching higher. However, the immediate resistance lies at $2.2k, marking May 12 highs. While traders may unload on dips, selling on every pullback, optimistic traders can wait for a clean break above $2.2k before loading and riding the rising tide. Preferably, the breakout should be with rising trading volumes confirming the losses of May 12 as climactic, marking the end of the bear run. On the reverse side, losses below $1.9k would pour cold water on bullish prospects as ETH snaps back to the dominant bear formation. What to Expect from #ETH? ETH bulls are confident, pinning their optimism on contrarian investor sentiment and other supportive fundamentals. Nonetheless, sellers will remain dominant as long as ETH is below $2.2k. Resistance level to watch out for: $2.2k Support level to watch out for: $1.9k Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
#Ethereum slides to Q1 2022 lows, Finds Resistance at $2.5kPast Performance of Ethereum Ethereum is deep in red like most crypto assets. When writing, ETH is up four percent in the past trading day but is down 16 percent week-to-date versus the USDT. There are encouraging recoveries at spot rates. However, this is not enough to dissuade holders who were pummeled on May 9 following the sharp dump that saw ETH plunge to as low as $2.1k. #Ethereum Technical Analysis ETH prices bounced off from Q1 2022 lows, coinciding with the 78.6 percent Fibonacci retracement level of the H2 2021 trade range. While the rejection of lower prices on May 10 could be a net positive, sellers are still in control in the immediate term. Therefore, since ETHUSDT is in a bear breakout formation and $2.5k is a strong resistance level, sellers can liquidate on any attempt to retest this line. Cautious, risk-averse traders can wait for confirmation below $2.2k—this week's lows—before unloading, targeting $1.8k in the medium term. On the flip side, any surge above $2.5k invalidates the bear run, confirming May 9 bear bar as climactic. What to Expect from #ETH? Sellers are in a commanding position. However, Ethereum's ecosystem is activity and dApp dense. ETH may recover, bouncing off from $2.2k once bulls satisfactorily rewind losses of May 9. Resistance level to watch out for: $2.5k Support level to watch out for: $2.2k Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer