Ethusdtlong
ETH Turning PointBased on Market Cipher B on the weekly and the fact that we tapped the golden pocket down here and we held this bottom trendline, it appears to me that we have found bottom. Both the VWOP and the RSI on Market Cipher have started hooking upwards with this new weekly candle and things are starting to look up again. Our last confirmation will be the coveted green dot, however I wouldn't wait for it to put a long in or you'll probably miss a lot of the move. I have limit orders set all the way down into the 3600s to back up my long position in case we do happen to find some more downwards movement, however I expect this area to ultimately hold as our next local bottom/beginning of the next impulsive wave upwards
Ethereum facing resistance * Ethereum in Daily time frame appears with Symmetrical triangle pattern
* Symmetrical triangle is considered to be either trend continuation or trend reversal pattern depending on the breakout.
* If the price breaks the above trendline of the pattern, we can expect bullish rally till the following levels
ETH/USDT - Recovery Scenario - 22.12.21Hello Traders!
ETH continues to move in an uptrend.
The price has corrected into the $3700 - $3970 buy zone and tested the MA100 on the daily timeframe.
There was a new announcement this week about ETH 2.0 launching soon and support for Arbitrum's layer-2 solution, which will increase network speed and significantly reduce transaction costs.
During the market correction, some of the big players were actively buying ETH. The reason for that is the switch from Proof of Work protocol to Proof of Stake with the launch of ETH 2.0. In order to become a validator of the network, you will have to buy and hold ETH, instead of the old video card mining.
All of these updates will serve as a strong foundation to support the price along with major fund buys.
We can start to accumulate a medium-term position between $3800 and $4100, and increase purchases after the price moves beyond the $4372 resistance level
We should close the position on a stop-loss after the price leaves under the support level of $3325
The profit taking targets will be the Fibonacci levels
$4664
$5195
$5726
$6258
Part of the position can be held in expectation of new levels of $8000 and $10000
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ETH/USDT 12 HOURS UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart.
ETH bounce from this blu line support we are expecting a bounce from this level but we have to wait for 12 hours candle close if it will close upside the 21MA then I am bullish on it.
let see how the daily candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
ETHUSDT | Best Entry & Target PointIf you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of ETHUSDT , I think we are going to see an upward movement. If you are going to go long now, make sure to place the stop below the previous support area .
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Bitcoin-Ethereum BIG LONG | ALTCOIN SEASON - APPROVED.Crypto assets are very risky. It is not investment advice.
We are not little players. We are not afraid. We will turn on the light for Altcoins in turn.
This is an Ethereum signal. Ready.
Ethereum Prime Signal.
new corona cases and deaths, closures are predicted to lock people into homes, fund managers and miners in the market continue to collect bitcoins. In this age, short sales are not foreseen.
Btc Target 60300 -61300 -63300- 64500 - 65500- 67000- 70300-72000 - 73300(W done)
Deep time = 52400-52900
Bitcoin stop-loss 51300
All time High Altcoin Season.
As I said before, altcoins and ethereum are taking shape in a relative way.
Short is very dangerous in a bull market. (Short 15 minute - 30 minute )
Long (2h - 4h - 8h - 12h- 21h -1d-2d-3d- 1W-3W-1M-2M-3M)
I supported the Trend 4550$ 4650$ because I entered from the lower points, and I will support it.
Watch
Total2
Total3
Altperp
ETH/BTC
XRP/BTC
ADA/BTC
BNB/BTC
BNB/ETH
Ethereum 5036$ Unlocked.
Ethereum 5300$ Unlocked.
Ethereum 5800$ Unlocked.
Ethereum 7000$ Crash of Locked.
Ethereum 11200$ Locked.
Hedge Fund manager Signed.
ETH/USDT 1D UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
ETH bounce from this blu line support we are expecting a bounce up to ATH and if it breaks the blue line by daily closing then we can also expect a drop up to $3200.
let see how the daily candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
ETH in the 5th wave UP🚀? ATH NYE?Drawn out on the 4hr chart on ETH.
B U L L I S H !!!
It's so similiar the way the RSI double touch below 30 before going into strong bullish momentum again. COINBASE:ETHUSD
If wave theory is accurate here we should see ATH just around NYE.
This is just my theory and I wouldn't bet against the trend here.
If anyone sees this and has input please tell me! I am open ears to opinions :)