Ethereumprice
ETHEREUM: IN A SITUATION WHERE NO ONE WANTS TO BE.Hello folks, the FED news did create a negative impact on the market. Here's a quick update on ETH in a higher timeframe.
Timeframe: 3 Days.
Update: Back on June 18, when ETH dropped to $881, it looked pretty messed up but then it created a support level and managed to bounce back 132% ($881 to $2030) in 57 days. Sadly, it couldn't reach the upper trendline line at $2500, and also there was a resistance level between $1700 to $2000.
The current price is struggling to hold the 21 MA support level. If ETH goes beyond this level then it is possible that we will see ETH close to $1k once again. If at all ETH manages to hold the 21 MA then we can expect a bounce. Also, let's not forget that in shorter TF, ETH is under an H&S pattern which is a bearish pattern.
Can we consider ETH close to or below $1k to be a good buying range? It depends on the fundamentals and how the market reacts. I would like to jump in and fill my bags with some ETH.
What is your idea about ETH? Let me know in the comments.
Thank you for reaching my updates. I hope this update was helpful.
I'll see you again until then trade safely.
Ethereum: Bottom Price with TimelineHello friends, today you can review the technical analysis on the 1M (monthly) linear scale chart for Ethereum ( ETHUSD ).
I placed vertical lines for the month of April from 2017-2025 to show up to now and in the future when price may start making major moves. The current structure looks very similar to 2018 and my prediction shows the same type of movement for Ethereum.
The concerning factor is the price has a significant downturn to go based on this chart scenario. Other concerns include low volume, bearish MACD, and RSI is right at the support line.
The long-term looks positive for Ethereum as I see upside over $8K but price may need to get to around $200 before it goes higher. Hold on tight!
What are your opinions on this?
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! #cryptopickk
#Ethereum Completes a Retest, will ETH Bulls Reclaim $2k?Past Performance of Ethereum
Ethereum remains one of the top performers, gauging from its performance on the daily chart. Even though there were lower lows, the uptrend is defined. The coin, as an illustration, is up nearly 130 percent from the 2022 lows. Based on the candlestick formation in the daily chart, ETH remains in an uptrend as long as prices trend above $1.77k.
#Ethereum Technical Analysis
Currently, ETH is stable, and Ethereum is in a bullish breakout formation. Following the contraction from around $2k and expansion earlier today, the coin may have completed the retest phase. Confirmation of today’s gains may see ETH erupt to reclaim $2k in a buy trend continuation formation. A double bar formation, swinging for buyers and unwinding recent losses from around the $1.77k could fuel demand, allowing risk-off traders to capitalize on the arising opportunities. On the flip side, conservative traders can wait for refreshing gains above $2k before reloading, setting sights on $2.5k or better.
What to Expect from #ETH?
ETH prices could rip higher primarily due to fundamental factors. All the same, how fast this depends on the reaction at immediate support or liquidation lines. Ethereum is within a bullish breakout formation even with the recent rejection of higher highs.
Resistance level to watch out for: $2.05k
Support level to watch out for: $1.77k
Disclaimer: Opinions expressed are not investment advice. Do your research.
Ethereum ETH: 1D Chart UpdateHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD).
Ethereum price has been rising since the July lows. The chart shows a variety of signals with potential for upward movement around the resistance areas at the top of the Keltner Channel (KC) near the 0.382 Fibonacci level. A major concern is Volume dropping off.
Also Included: Fibonacci Retracement, RSI, MACD, Stochastic RSI, Ichimoku Cloud, and VPVR.
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! #cryptopickk
Ethereum: ChillaxingEthereum has been chillaxing in a sidewards movement for a while now. However, it should start to take some action soon! We expect it to climb into the orange zone between $1902 and $2207, where it should finish wave (i) in blue. Afterwards, Ethereum should drop into the blue zone between $1475 and $1017 to complete wave (ii) in blue. There is a 40% chance, though, that Ethereum could continue to fall below the support line at $883.
Ethereum Breaking Out, ETH Price on the Path to $1.7kPast Performance of Ethereum
Ethereum prices are up roughly 75 percent from 2022 lows, and bulls have the edge when writing. From the daily chart, ETH surged 12 percent in the last trading week, adding three percent in the past 24 hours. Technically, the coin is within a bullish breakout formation, expanding with rising trading levels, an indicator of trader confidence and possibly, a shift in trend after sharp double-digit losses from 2021 peaks.
#Ethereum Technical Analysis
Currently, ETH buyers are in control. From the candlestick arrangement in the daily chart, buyers have the upper hand from an effort versus result perspective. As such, aggressive traders may find opportunities to load on every attempt lower towards the $1.41k and, if pronounced, the $1.25k mark. ETH bulls are also riding the upper BB signaling strong upside momentum. This combination means the odds of ETH gaining ground and recouping losses are high as traders target $1.7k in the short term.
What to Expect from #ETH?
Ethereum prices are posting higher highs, an indicator of strength. In a bullish breakout formation, traders may find opportunities to ramp up on every attempt lower in the daily chart. As long as bulls soak in bear pressure and sustain prices above the $1.4k mark, there would be more upside for the coin.
Resistance level to watch out for: $1.7k
Support level to watch out for: $1.4k
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Ethereum Free-Falling, ETH Bulls Strongly Rejected from $1.25kPast Performance of Ethereum
Ethereum bears are unyielding and have reversed gains of early July, pushing back prices to last week's lows. Currently, ETH prices are near the $1k psychological round number as a series of lower lows with decent participation levels register. Even though bulls stand a slim chance, buyers must reject any attempt lower and ideally bounce from around last week's lows. ETH is down three percent versus the USDT on the previous trading day.
#Ethereum Technical Analysis
Sellers are firmly in control, dashing ETH bulls' hope when writing. Notably, prices are trickling lower with rising trading volumes suggesting that the uptrend's momentum is fizzling. The spike in trading volumes behind this week's reversal could hint at low upside pressure and exhausted buyers. Therefore, in light of this development, traders should closely watch the reaction between the $980 and $1k support zone. A close below this mark—and last week's lows—may force ETH back to 2022 lows at $880 in a bear breakout formation, confirming sellers of the first half of June. In such a case, traders may load on every attempt higher towards $1k, targeting $880.
What to Expect from #ETH?
Ethereum bulls may be confident from a fundamental perspective, but their views don't spill to the daily chart. Prices are pinned lower, and sellers are in command at spot rates. Thus far, how prices at $1k would likely shape the short to medium-term price trajectory.
Resistance level to watch out for: $1.25
Support level to watch out for: $1k
Disclaimer: Opinions expressed are not investment advice. Do your research.
#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.
ETH: A break and we are off?!Ethereum
Intraday - We look to Buy a break of 1181 (stop at 1139)
A break of the recent high at 1174 should result in a further move higher. 50 4hour EMA is at 1175. Short term momentum is bullish.
Our profit targets will be 1288 and 1318
Resistance: 1170 / 1200 / 1250
Support: 1100 / 1050 / 1000
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ETHEREUM: $800, AN IMPORTANT SUPPORT!!!What's up amazing traders?
Welcome to my ETH weekly update. In this chart, let us do some backtesting and relate the present scenario.
Back in Dec 2016, ETH was ranging between $6 to $8 and indeed it was the last time we saw ETH that low. Then ETH exploded with a whooping gain of 25000% which was insane. From a single-digit dollar ($6) to a four-digit ($1529) was incredible. Imagine buying 100 ETH at $6 investing $600 in total and then selling it at $1500. You would have a net worth of $150,000 ETH within 400 days. Crazy isn't it?
Now, this was not the only time ETH gave an opportunity like that. Soon after the $1500 rally, ETH dumped and dropped up to $79 (Dec 2018) which turned out to be a great opportunity to fill bags with ETH. From $79, ETH rallied up to $4951 which was a 5543% gain. Now imagine you buy back 100 ETH again at $100 investing $10,000 (a 7% of $150,000) and then selling it at $4500. You would have made a mind-blowing profit of $450,000. All these rallies took place within a span of 2-3 years.
After comparing these two scenarios with the present scenario, we can see that ETH is once again falling back to the same lower trendline from where it bounced back and made historical rallies. The question is whether ETH will follow the past or this time it will crash down below the historical trendline? Well, with the big news like ETH 2.0 coming in, the RSI at the oversold level, and the price close to the support, it shows a positive rally coming soon on ETH.
I will consider a bounce back from the support and if ETH breaks down below the support then it will be a clear sign of exit and buy back low.
What's your thought on this? Let me know in the comments.
Do like and follow for more updates.
Thank you.
BTC and ETH: Price Bottom PossibilityHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTC) and Ethereum (ETH).
I get asked all the time what I think the bottom for this market cycle will be for BTC and ETH. Today I am posting my charts for both using basic analysis - Support and Resistance Lines, Volume, VPVR, and Prior Cycle review. Naturally this is all future predictions so let's see day by day how it goes.
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! #cryptopickk
#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.
ETHEREUM UPDATE: ALERT!!Hello traders,
Here's an update on ETH in 3 hours timeframe.
ETH has been rallying under the $1900 to $2000 range for the last couple of weeks. Could it be a high time for ETH to rally higher or will it drop down further low? Usually, after a big drop, a sideways pattern, a falling wedge pattern, or a rising wedge pattern is considered bullish or bearish depending on the favor of the market.
What I personally observed is whenever the market has made this move, it has fallen further down. The current ETH chart is close to the support line. If ETH breaks and closes below the support level then I am expecting a drop up to $1700. For a higher rally, ETH must bounce back and break above the resistance level.
As I said in my previous, it is better to wait for confirmation.
Trade safely.
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.
Ethereum: Greens 🥬Ethereum has resolved to eat more healthy food. Thus, it has added a lot of greens to its diet, as is visible in our chart. First, it should take a bite of the middle green zone between $2169 and $1542 to finish wave 3 in green. Then, it should climb upwards to complete the countermovement in wave 4 in green. Afterwards, Ethereum should resume the descent below the support at $1711 and into the lower green zone between $1590 and $1349, where wave 5 in green should end. However, there is a 35% chance that Ethereum could decide to take a mouthful of the upper green zone between $3249 and $3481 before moving downwards again.
Ethereum: Future Price PredictionHello friends, today you can review the technical analysis on the 1W (weekly) linear scale chart for Ethereum (ETHUSD).
The chart shows only the price and the similarities between the current market structure and price to the prior bull/bear cycle market structure and price.
Each Support and Resistance Trend Line is color coordinated to match the prior cycle to current cycle. Though price may move slightly different, the overall structure looks very similar. It seems that the current price may be headed down to $1,000 - $1,500. To make it easier to follow, I made a pathway in the prior and current cycle. There is a possibility that price could come all the way down to $250 range due to a black swan event, however there are multiple support and resistance zones before that happens.
I am NOT confident that Ethereum price will make an all time high until after the next Bitcoin halving in 2024.
What are your opinions on this?
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! #cryptopickk
ETH Ethereum: 1H Chart UpdateHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Ethereum (ETHUSD).
Ethereum price looks like it may be headed back down from the current price. Keep an eye on my Support and Resistance Trend Lines. The Fibonacci Retracement shows price has possibility getting back to the 0.382 level. There is also Ichimoku Cloud resistance ahead.
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! #cryptopickk
Ethereum: Bears In Charge 🐻The bears are in charge! They have already dragged Ethereum below the mark at $3412 and – after some recreational sidewards movement – even further down. Soon, they should reach the support at $2306 and lead Ethereum below this mark as well to finish wave v in orange. However, we must keep in mind the 42% chance that the bears could lose control so that Ethereum could escape above $3412 and into the blue zone between $3512 and $4559.
ETH Ethereum: 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Ethereum (ETHUSD).
Ethereum price on a monthly chart show resistance ahead with support below. Fibonacci Retracement levels shown along with 200 SMA and RSI.
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! #cryptopickk
ETHEREUM RALLIED AS EXPECTED. IS $3.8K POSSIBLE? Welcome members to this update on ETH update.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
ETH rallied as expected and till now we have made a great profit on this. So far we are 23% up on ETH and this holding was purely on spot. Now, as ETH has already rallied this high, what could be the upcoming scenario on ETH? Well, I am expecting some retracement soon. The market can't just keep making greens, it needs a balanced act between the red and green candles.
We have strong resistance at $3.6k which is the level I am expecting ETH to reach and then retrace back to $3.4k making support level. If ETH gets rejected now then $3.2k to $3k could be the possible drop levels.
What's your idea on ETH? Do let me know.
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Thank you.