Ether
ETHEREUM #ETH CHART CONCERNSThough I really want Ethereum to continue the rally and get to the next higher high, I am concerned that the rising channel may lose steam with lower volume and RSI still high. Lastly, if BTC can't stay sideways or rising, there may be a correction in sight. Be careful trading.
I enjoy creating scenarios. What are your thoughts? Comment below and hit the like please. Thank you!
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 #bitcoin #altcoins
ETH.USDT (Y21.P6.E3.v2).Macro targetHi All,
This is a continuation of the previous chart, link provided below.
Looking at BTC, its last 2 of its 2 ATH occurred in December and with ETH, January. The odds are that December will occur for BTC and ETH in January, if history repeats itself.
Using the fib time extension tool along with other metrics, this chart also shows ETH previous ATH might repeat itself in January as well..
Looking at this chart below, I use the logarithmic fib channel to find confluence with my macro fib extensions with wave 4 to 5 in the medium space.
From a BIG Macro, we are still doing wave 3, very much like BTC, completing wave 3 for its ATH.
Below I have also some additional charts so support my thesis.
I would love to come back to this early next year and see how these tools matched my forecast.
All the best,
S.SAri
ETHUSD Analysis An analysis of the channel that has formed on the 4Hr chart for the ETHUSD pair
Price has moved cleanly through a point of resistance with ease, suggesting further bullish momentum and potentially breaking of the channel
ETH is a great pick for a long
The bars pattern is very speculative
Heres a longer timeframe / more detailed chart
Ether These are levels that I'll be keeping an eye on when dealing with $ETHUSD, and I'll revise as price action progresses.
I adapt to the change in money flow.
I'm enjoying this bullish momentum, but I am anticipating a pullback in order for price action to reach new heights. I would like to see the upper range breached followed by a temporary bearish downturn right into the continuation.
Ethereum Takes a Shib - OFAC Sanctions - Virtual Currency Sanctions for Fraudsters. Epic. Beware the rising rates environment. The crypto killer. Seems complacency was the #blackswan this go around.
*valuation matters. PONZI POGS BUST.
#defi #failarmy ABUNDANT. AVOID THE FOMO!!!
Ethereum is just as great at under $100. I promise. LMAO.
Show me the SPENDABLE #CBDC ALREADY!!! WAHOOOOOO.
#KINGDOLLAR squeeezzzzzeeeeee
Get YOUR CASH BACK!!!! BEFORE YOU CAN'T! #cannabisreform is #thefuture.
$KERN has the COMPLIANCE DATA! #thegem
ETH.USDT (Y21.P6.E3).Macro targetHi All,
The chart and onchain data suggests there is more demand with ETH over BTC for the short term .
We have consolidation under major resistance with the ABCDE count - micro broadening wedge maybe?
Here are my targets based on structure and Fibonacci levels.
Al the best,
S.SAri
Observing a new trend line for EthereumA new trend line has shown itself after forming for the last few weeks.
First, we hit this zone as a resistance level and broke down.
Second, we entered a discovery period where we tested to see if it would break as the resistance which it did.
Here, we are testing it as a support and simultaneously creating a symmetrical triangle. (bullish sign)
While of course there is also a lot of panic in the markets right now and the possibility of a further drawdown here being very real, I personally do not see that happening. The RSI has been reset, we tested the SMA ribbon, and we are strongly holding this support today. I am for this reason buying.
ETHUSDT - Ethereum trade opportunitiesLike Bitcoin, Ethereum bounces several times from long term support trend line and can be considered as a bottom. The Stoch RSI is oversold. It gives us new long position opportunities.
Previous ETHUSD short position was closed with success.
TP1: 3100$
TP2: 3800-4000$
TP3: 5000$
Stop loss: 1800$
Have fun!















