Ethereum Analysis 27.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereumforecast
ETH USDT BINANCEETH ranging from 2000-800.
Sell around 2000 level.
ETH following Bitcoin rally.
Plus FOMO and retail we could have a relief rally then correct heavy for one last true bottom near 800.
These are just my opinions and isn't financial advice.
DYOR
Thanks Like Comment Follow for more ideas.
ETH/USDT BinanceETH/USDT Binance
1D hollow candlesticks
As the bear market is over, we can say a few things for the price movement of altcoins.
A descending triangle has been formed, as the price already breakout this triangle.
Also, a parallel uptrend channel has been formed since the beginning of June 2022.
A first resistance area occurred from the extension of the first Fibonacci retracement.
A second main resistance area is a result of the extension of a second Fibonacci retracement.
A forecast indicator shows a possible price movement for the next months.
Ethereum Price (ETH) = $1,600.92 +2.85%
= 0.06945 BTC +1.25%
Market Cap: $1,048,131,057,077
24h Vol: $65,909,497,233
Dominance: BTC: 42.4%
ETH: 18.7%
Good Luck
#CryptoHellas Team
Ethereum Confirming or New Bottom?Ethereum is possible in the process of retesting or making a new bottom because there is still a little room to go down in the fib area. At any rate this will likely be confirmation to all in the community that a new Bull Run has begun and we are off to the races...............
Ethereum to extend it's loses?Ethereum - 24h expiry - We look to Sell a break of 1508 (stop at 1551)
Short term momentum is bearish.
Short term bias has turned negative.
A break of the recent low at 1519 should result in a further move lower.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 1401 and 1381
Resistance: 1560 / 1585 / 1600
Support: 1520 / 1500 / 1450
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
ETH ETHEREUM 4 HOUR CHART Price Analysis Hello! Here's my eye on Ethereum on the 4-hour chart.
ETH MUST hold the support zone #1 if It wants to go up
IF ETH loses Support ZONE #1 and the current trendline, It will most likely go DOWN and test SUPPORT ZONE #2 1374-1437.
IF ETH can hold this SUPPORT ZONE It will go back up and test the top end of RESISTANCE ZONE#1 1607.
From here the next Resistance zone target would be around the 1669 LVL Then 1713 LVL from here.
I'm Neither Bullish nor Bearish on this COIN. Just showing some possibilities on the outcome of ETH in my opinion in the next coming days!
Please Comment or Like if you enjoyed this guys :)
Have an amazing day!
ETH - Tighten your belts! Reversal incoming!Hello dear Investors, Traders and of course Beez!
Quick TA update on ETHUSDT coming up right away. Make sure to take notes and comment below if you are having any question! So stay tuned!
First things first, as we can clearly observe, today price rejected at the Ultimate Resistance - 4hr Bearish Orderblock area around 1670$ and as we forecasted on previous post on ETH, that could possibly be the peak of the relief rally, indicating us, reversal.
Technicals that are being utilized in this chart analysis for us, to determine the next moves of ETH are the following:
Volume
RSI
MACD
So without more noise, lets cut to the chase:
When it comes to Volume in correlation to price activity, we observe that, price is keep rising while volume steadily decreases, indicating us Bearish Divergence.
Moreover, MACD waves seems weaker, compare that, to strongest price buying power
Last but not least, RSI is in the overbought area and has formed Bearish Divergence, as it recedes while price keep rising!
Consequently, we can clearly see that this relief rally is more likely a liquidity grab in order to create a lower low, rather than a healthy recovery! After all, what burst up, without consolidation, it has to go down eventually!
IMPORTANT: This is strictly a Technical Analysis and Fundamentals CAN affect our Analysis!
DISCLAIMER: This analysis is not intended to encourage any buying or selling activity of any particular securities. In addition, it should not be considered as ground for taking any trade action. Hence, your own diligence is highly recommended before entering any trade.
If you liked the idea, make sure to support with a like, follow and a comment!
Best Regards, CryptoQueens.
ETH Technical analysis & Next moves 1st Quarter!Greetings and Happy new Year fellow Investors Traders and ofcourse beez!
In our today's post we will analyze ETH next moves in the upcoming months (Q1), taking into account all technical factors that may affect the price behavior and consequently price volatility . As we can observe on the chart, there are 3 possible scenarios that might play out based on our analysis. Since Mid-July, there is a HUGE Bullish Orderblock, around the area 1090$ - 1035$. As long as we stay above these levels, everything looks positive and we are safe and sound.
IMPORTANT: Keep in mind though, Orderblocks tend to act as a magnet, therefore, sooner or later we WILL visit this area.
In the case of breaching 1090$ support area, that holded well so far, we will test the lower threshold level of OB at 1030$, which is the least possible scenario (2) based on our plan.
At the time of the writing, after price tested the upper OB, that was created on 20th of December, it acted as a resistance, and bulls took over. It is also important to mention that, price and volume has been forming a bullish divergence, indicating us a buy signal and that Scenario 1 and 3 are more likely to occur. At this point it is important to mention, that based on the price behavior the last months, there has been a huge liquidity area (FVG), that hasn't been explored since then, and MUST be, the one way or the another.
Consequently, after today's leg up and after being rejected of the nearest support zone, we strongly believe, that the next moves involve, bullish action.
SCENARIO 1: Indicates, retest of the lower level of the Fair Value Gap, having our TPs at the level of 1340$, that acted as resistance. and then sharply correct to the lowest Resistance area, at 1080$-1100$.
SCENARIO 3(HOT): After retesting the lower level of the local FVG, break through, and close the Gap, leading us to the ultimate Resistance area indicating on the chart, at the area of 1660$. Make no mistake though, market sentiment is still bearish, and according to this plan, price eventually, WILL test the lower levels around 1080$.
Consequently, after analyzing all 3 possible scenarios, and taking under consideration that the correlation between price and volume, we undoubtedly suggest that a good Long entry price is:
Entry Price: 1230 - 1250
TP1: 1340$ (Liquidity Pool)
TP2: 1425$ (Mid-range of FVG)
TP3: 1660$ (Ultimate Resistance Area - Reversal point)
SL: 1180$
IMPORTANT: This is strictly a Technical Analysis and Fundamentals CAN affect our Analysis!
Not a Financial Advise!
Trade with Caution!
Best Regards, CryptoQueens
Ethereum ETH: 1D Chart UpdateToday you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD).
Ethereum price has been pumping recently and there is potential for it to keep moving higher, but ETH price and the RSI just made a lower low. If price keeps heading lower, it may come back down to where the recent pump started which is about a 30-35% correction, similar to my recent BTC price chart. The area of support is in the $1K region. RSI may be cooling down as well. Volume doesn't look strong.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
Ethereum (ETH) formed a bullish Gartley | A good buy opportunityHi dear friends , hope you are well and welcome to the new trade setup of Ethereum coin.
Previously after crossing the 1st target the price moved down:
Now on a daily time frame, Ethereum with BTC pair has formed a bullish Gartley move for another pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Ethereum Pump: How High Can It Go!Today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD).
Ethereum price has been pumping recently. So where could the price get up to before a retracement? I used the VPVR (Volume Profile) and Fibonacci Retracement to get an idea of where the price will see resistance and possibly heading back down. RSI is very high so a retracement may happen earlier.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
ETHEREUM UPDATES
Only my Student know this, Projection method.
If this is still valid setup, I think crypto winter is over until FOMC next february.
All crypto now are flying. Ask yourself if crypto now is accumulating more, then bang drop again for massive loss of all traders.
Thanks who follow this. Check me out I posted Daily and MEthod how this works on me. I teach it to you.
ETHEREUM : Approach to important support area in medium termHi everyone!
If we look at the weekly chart, from a technical point of view, Ethereum has already reached the first important Bullish Target around 3,450 area (long term), and from here a corrective structure has started.
The analysis we are showing is on a logarithmic scale so the price projections look really important, having said that, the price action has reached an important support area around 995 and if it can hold it in the short term, a technical bounce is very likely. On the other hand, a bearish breakout will prompt us to look for short positions on technical rebounds.
Thanks for your support, your "Like" and Trade with care!
ETH/USDT >> LONG SETUPLONG ETH/USDT
ENTRY AT : 1216
TP1 : 1345
TP2 :1499
tp3 : 1678
SL : CLOSE BELOW 1071
NOTE : 🚨 Not financial advice 🚨
The content provided on this channel is not a manual for any financial activity.
It's only represents my personal market and financial view.
Once TP1 reached stop should be moved to BE
Ethereum Analysis 20.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereum ETH will pump more!Hello, crypto brothers and sisters!
Today is the great day for Ethereum bulls becuase it’s about to show us much more gains. Of course this potential pump is gonna be the huge trap like on Bitcoin. But here we have huge difference. On the BTC we have complex correction and wave C should not obligatory go higher than wave A. In case of ETH we have the zigzag correction and current wave will break $2000 .
Let’s take a look the 1D time frame of the WHITEBIT:ETHUSDT chart. Wave A was the impulsive one. I am not going to consider it in details, you can just trust me. Earlier I supposed that wave A is actually the wave 4, but it wav the mistake becuase the wave B is very ugly and does not look like the impulsive one. Therefore I have made an assumption that the wave C is happening right now.
Obviously ETH has already finished the waves 1 and 2 and we have the question: has the wave 3 been finished. Price reached the minimal target, but taking into account that the wave C should be very high I consider that wave 3 is gonna be extended one. The $1867 now is my nearest target for this asset. After the followed correcive wave 4 I expect the wave 5 and huge crash after that. Because there are a lot of liquidity below.
In my opinion Ethereum has not finished it’s bear market, but now it’s a very dangerous idea to open both long and shorts and my plan for ETH now is waiting for the wave 3 end and buy at the bottom of the wave 4. I will make an update when take some action on this crypto asset.
Best regards, Ivan
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Ethereum to stall at current highs?Ethereum - 24h expiry - We look to Sell at 1579 (stop at 1618)
A Doji style candle has been posted from the high.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
We look for a temporary move higher.
Bespoke resistance is located at 1580.
Rallies should be capped by yesterday's high.
Our profit targets will be 1481 and 1461
Resistance: 1550 / 1580 / 1606
Support: 1515 / 1500 / 1480
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.