MY MINIMALIST ANALYSIS FOR ETHEREUM$ETH
ADJUSTED TARGET AREA OF VALUE ON THE CHART
11.10.21
1341H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
LOOKING FOR THE NEXT BEST ENTRY ON EXIT OR MAXIMIZED
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
IT WILL BE A GOOD EXIT/MAXIMIZED (You can shaved-off from the bulk of the 2nd SWING TRADE) and We will look for an ENTRY / TOP-UP for our Investment after the DIP.
Congratulating all those who have stayed and climbed the SWING with me.
Ethereum is making a very healthy climb since the last end of July to present (measured moves.) With a strong chart pattern, BUYERS will continue buying after correction, who are all looking for another measured move.
Trading psychology affects this, why? an exponential BUY-IN will create a parabolic, more than a measured move. So expect my maximized exit area of value to X4, conservatively x2 of where it will take Ethereum to a new price height.
The keyword is THE POWER OF TRADING EUPHORIA powered by SOCMED, Powered by the people. I call it an egalitarian version of hypercapitalism for the crypto economy. LOL!
Ethereum is more or less performing better than BTC. Why? Projects under it like Polkadot. (check my analysis on Polkadot )
The BULL SEASON for CRYPTOS is dictated by the BULLISH STRENGTH OF Primarily BITCOIN and then ETHEREUM. We still have more room for the UPSIDE.
Happy Trading!
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
Ether
ETHUSD’s handle to its c&h is an inv h&s about to triggerCheck out this beauty. A nice,slightly downward tilted cup and handle pattern on ethereum. We can see the handle of this cup and handle is also an inverse head and shoulders pattern, and that inv h&s pattern looks like it’s about ready to trigger/confirm its breakout. If it does the measured move target is right around 4700. If it therefore confirms that breakout it will likely confirm the c&h breakout as well as price action makes it’s way to the inv h&s breakout target. My guess is we will see a breakout within a week or so.
Ethereum in clear uptrend(ℹ) Perhaps the best way to analyze the value of an asset is with Bitcoin, and not with a government-owned coin that only loses value over time...
The long uptrend we're in started in January/2020.
We can consider that we are in wave 4, and in this wave 4 we are in an ABC correction, where the drop was rejected, corroborating the beginning of wave 5.
By plotting the Fibonacci projection, we can reach the price of 0.10 BTC per Ether at the 61% target, and 0.14 BTC at the 100% target.
Pitchfork demonstrates rising bottoms and possible tops.
In the Center of Gravity Oscillator configured with a 21 week period, we can see a weakening in the falling movements.
Added to that, on the fundamentalist part we have the rapidly expanding DeFi ecosystem, and the crypto market as a whole that will sooner or later swallow up the traditional market, protecting us from corrupt politicians who throw money into the hands of a few bankers who pay bribe.
MY MINIMALIST ANALYSIS FOR ETHEREUM$ETHER
ADJUSTED TARGET AREA OF VALUE ON THE CHART
11.06.21
0830H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
AN AREA OF OPPORTUNITY FOR A TOP-UP for those who did not PARTIAL EXIT at THE 4.3K USD ATH.
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
Congratulating all those who have climbed the SWING together with me. The MARKET is still very BULLISH and now EXPANDING.
The BULL SEASON for CRYPTOS is dictated by the BULLISH STRENGTH OF PRIMARILY BITCOIN and then ETHEREUM. We still have more room for the UPSIDE.
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points .
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume , Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology .
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
EthereumEthereum has made a solid run up. But there's a time for correction I think it's now there's a divergence on the daily timeframe. Price making a five wave up. With an inner five wave starting from the wave 2 correction of the larger wave form. Currently and possibly it can make a wave 4 retracement of the inner wave.
Applying basics of Elliott Wave Theory on ETHBTC.Wave 1,3,5 affect the direction of the market.
Wave 1 is usually in form of a leading diagonal.
Wave 2 is 50% or 61.8% of wave 1 and it never moves below wave 1. (corrective)
Wave 3 is 161.8%-261.8% of wave 1 and is an impulse and never the shortest wave.
Wave 4 is usually a flat, triangle, or combination thereof.
Currently, we are in a corrective wave (4) in form of a running triangle.
Wave 5 is 100% of wave 1 or 161.8% of wave 4, impulse wave.
Ethereum Daily Channel PossibilitiesChannel possibilities.
Currently there is resistance at the descending channel's top (will this prove to be the descending channel going forward?).
If not, we can expect the current ascending channel to become less steep or to maintain an upward trajectory in the steeper ascending channel.
A bit of a bull flag (high and tight) the last four bar before today's. The current daily bar is in the top half of the flag range and the positioning would indicate we break upward (perhaps keep the steep ascending channel...only to be confirmed after retesting if you want to safe-ishly place a monitored long trade). Confirmation of this might take several days upon trendline break since it's the daily channel.
Hope this provided some possible insights.
Timing the AEetherium "Rugpull of Doom"It looks like ETHBTC wants to push a little bit higher before it releases the rugpull of doom.
Target: 0.50 Fibonacci retracement.
The marketcap is so large for this garbage that when this happens it will grant the government emergency authorization to obliterate all securities, but bitcoin will find a way to survive and we will witness the true Return of the King.
January 2022.
DOUBLE BOTTOM POSSIBLY FOR ETH? GREAT, LONGHey guys, you seeing what I am seeing here? Just would like to know if I am identifying these things properly because practicing my strategies is worthless if I am practicing the mistakes or bad habits. Obviously the buy in after the price crossed the confirmation line would have been pretty lucrative, another W for Technical Analysis. Any feedback guys, did I read it wrong? Was it something else I was missing perhaps? Thanks guys! We all need to OWN MORE ETH!!
ETH Buy a dip setup.Ethereum - Intraday - We look to Buy at 4216 (stop at 4137)
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Dips continue to attract buyers.
We look to buy dips.
50 4hour EMA is at 4210.
Our profit targets will be 4439 and 4489
Resistance: 4380 / 4460 / 4500
Support: 4300 / 4200 / 4150