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Ethereum (Cryptocurrency)

ETHUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. R2 is our long-term trend line which the price has hit two times and fell. You see our S1 line which the price has hit several times and was supported. You also see the R1 line which was a support line previously and then price broke below it and the S1 line could hold it up. We can set a buy order at the S1 line for the R1 target. But if the price stabilizes below the S1 line we can expect it to fall further. Or the price might range above the S1 line and we need to wait for the confirmation of the direction. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
2
Polygon (MATIC) About To Set New All Time HighsPolygon (MATIC) has been on a nice steady uptrend and doesn't show much signs of slowing down. Matic has continued to set higher lows and higher highs. Fundamentally there's a lot of positive momentum and sentiment in Matic considering their utility when it comes to NFTs, Ethereum Scaling, ZK rollup technology, metaverse, and gaming. These are all strong narratives that will continue to grow through out 2022. As of right low local support is at $2.40 -$2.50. A lot of accumulation happening around $1.85 - $2.00.
COINBASE:MATICUSDLong
by peacefuljustin
Chainlink (LINK) Is UndervaluedAs the major go to oracle in the crypto space that powers the majority of DeFi, Chainlink (LINK) is undervalued at these levels below the 0.236 Fibonacci level at $23. We're also in a trough on the weekly RSI's meaning we're pretty oversold. Chainlink has nice steady long term growth and I personally believe Chainlink under $20 is a steal long term. Point of Control (POC) is around $27.45 where the majority of price recognition has occurred.
COINBASE:LINKUSDLong
by peacefuljustin
ETHUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. As you can see the price was able to break its resistance which is now S1. Now the price is testing the resistance line R1. If the price is not able to break the resistance, it will make another pullback to S1 and then we need to wait and see what happens. If it goes below S1 then the scenario will be bearish but if the pullback occurs to S1 and there is support, then it will move toward its next target which is R1. If the first resistance line is broken, it can move toward our second resistance which is R2 and you can save your profit there. If it moves up again you can buy again. If it falls then you will have saved your profit. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
Bull market is over. Ethereum coming down to 500$ in 2022.Ethereum is going to come down to 500$ by the end of 2022 but it will have a few supports to eat up before then. Going to be a long and bumpy ride down. First stop down is 1700/1800$ and I expect it to be there by end of january 2022. Expecting a pop up to 4k again by beginning of march before the final long and slow descent down to 500$ by end of 2022. I'm thinking that the rejection begins in a week or two. It's going to float in the low 4k range for the next week or two.
POLONIEX:ETHUSDLong
by UnknownUnicorn28493604
1
Will this rally signal the Bitcoin liftoff?The question everyone is asking in this current market malaise is if this rally in All-The-Things will finally lift cryptocurrency from its recent slump? Bitcoin : But while this rally brings crypto up for the day the true story remains on the Daily timeframe. For this analysis I use Ichimoku, on the classic number settings (9, 26, 52, 26), to best capture the trend. The trend on BITFINEX:BTCUSD is definitively bearish already. The liquidation spike of a few days ago made it manifest. Ethereum : BITFINEX:ETHUSD remains in a consolidation holding its ground. The key Ichimoku indicator to look at is the often ignored (but most important) Lagging Span, Momentum, or as it is named; Chikou. So long as momentum holds the cloud there is reason to be bullish. Failing to hold... Ethereum then joins the rest in a bearish trend. This level to hold, 3400, also corresponds with breaking the low of the liquidation spike. Cardano : A good example of how this pattern plays out in recent times is BITFINEX:ADAUSD . Price confirmed the bearish trend on the Daily on October 27, 2021 and the trend has not reversed since. The rally today, based on interest rate speculation from the FOMC, is evidence that cryptocurrency is interest rate sensitive (what I meant to say at 0:47). I have been sounding the alarm to crypto investors for weeks that the failure to breakout weeks ago was a bearish sign. My intent in presenting this analysis is not to stoke fear and negativity... it is to save people's capital! Bear this in mind when considering "buying the dip" as the dip may be much, much lower by cryptocurrency historical terms. Study these examples and watch. Trade wisely!
BITFINEX:BTCUSDShort
by norok
5
Olympus DAO (OHM) Was $430 the Bottom?Clearly we've been in a bear market trend for Olympus DAO and many other DAO's. A big 70% retrace from it's swing high of $1360 Olympus DAO has been in a downtrend for the past 2 months and we're still trying to find a bottom. I personally believe we're coming close to finding a bottom for Olympus DAO and $430 may be it. However we're still on a continuation of this downtrend so waiting for clear signs of reversals and change of trends is important. But on our RSI readings we've formed some deep troughs and we may be nearing a bottom soon. Much peace, love, health, and wealth!
OLong
by peacefuljustin