Ethereum Aims At $2,222 Next But Can Go Higher

Ethereum / U.S. dollarBitstamp

Description

⋅ Feb 19, 2021 5:50 PM

Just like Bitcoin (BTCUSD), Ethereum (ETHUSD) is showing a full bullish chart.

We have prices trading above EMA10.
A positive count on the TD Sequential.
The MACD on the bullish zone, high up.
A very strong RSI.

These signals are all present on the daily timeframe, meaning that they are strong.

The next target is set at $2196.
Followed by $2640 depending on how the previous level is handled.

We can go all the way to $3363 if the market conditions are right.

The support levels go as follow:

1) $1830
2) $1700
3) $1430

Thanks a lot for reading.

Please hit LIKE to show your support.

Namaste.

Comments

CryptoCow

⋅ Feb 19, 2021 6:05 PM

Hi Alan,

what about the rising wedge pattern, and bearish divergence on the RSI and MACD?

Do you think they don't matter much?

Many thanks for your analysis!

RichBish

⋅ Feb 19, 2021 9:01 PM

Alan the Master of Alts. What are your thoughts on Alt season at the moment? You seem to be back to posting a lot of Alts with potential growth. Your Bitcoin ETH predictions can be hit and miss, but man your analysis is on point when it comes to small cap alt coins. There's been chatter of Alts taking a break as we move back into Bitcoin Dominance. Do you see that coming to fruition or are we just seeing a dip before a massive uptrend? Your thoughts are appreciated. Namaste.

sifan90

⋅ Feb 20, 2021 6:29 PM

Great sharing, thanks! Could you please make a chart for DOT(Polkadot) too? Thank you!

FindTheSun

⋅ Feb 20, 2021 6:31 AM

What are the main concerns for ETH network now?

I keep reading about congestion and stuff, is it actually sustainable for ETH to go higher and higher at this point?

Or are we at the potential peak? What about all ETH competitors?

Are they doing better progress than ETH?

mmalek1979

⋅ Feb 20, 2021 3:29 AM

Nice view

Algas

⋅ Feb 20, 2021 12:18 AM

Thanks!

WgrCryptoGuy

⋅ Feb 19, 2021 11:50 PM

Please update DGB chart please, bro! :)