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Ethereum (Cryptocurrency)

Flipping Bearish Isn't Easy In this video, I explain why I've become more bearish on the cryptocurrency market. I also talk a little about stocks, Microstrategy, and about bubble-like behavior. Of course, there is always the possibility that my bearish view will get invalidated. It took a lot for me to get here, so perhaps the market has just broken me :) It wasn't easy for me to become bearish, hence the title. I've been in the market for 4 years, so letting go does not come lightly for me. Perhaps this proves that the market will make EVERYONE truly question it at some point. On top of the technicals, I did write a post recently why I am fundamentally skeptical of cryptocurrencies in their PRESENT state. That post is linked below. These are my opinions and thoughts only - they are not meant as financial advice. Thank you for watching! -Victor Cobra
BITSTAMP:BTCUSDShort
by VictorCobra
22
ETHUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. Previously we said that the inverse head-and-shoulder pattern is being formed. There is the R1 resistance which the price hit, was rejected and now is coming down. You can set a Buy order at the area which we have shown on the chart. If it stabilizes above that line, it will go up to higher targets the first one of which is R1, if R1 is broken then R2, and if R2 is also broken then higher prices will be the target. However there is the possibility for the price to go down to the S1 line and then go up. In that case we can set a Buy order there too. If it goes below the S1 line then it will fall more but we do not predict that to be very probable. Our head-and-shoulder pattern stands on its own and the price can complete it in the coming weeks if the R1 and R2 lines are broken and if not then our scenario is failed. 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
Long
by MarsSignals
ETHUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. You see that the price can create a nice head-and-shoulder pattern. The price is now between the R1 and S1 lines. It can go up to the R1 line and if the selling pressure is high, it will fall down to the S1 line. Or it can break the R1 line and after a little rise above the R1 line, make its pullback to complete the right shoulder of the pattern. If it is able to come out of the bear trap and go even higher, then the next target for the price will be R2. But we think that the price is creating the head-and-shoulder pattern and you had better save the profit at the two areas shown. 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
3
ETH Ethereum Technical Analysis & Trade IdeaTaking a look at #ethereum #ethusdt at the moment we just had a trade alert fire, as per the charts, we can see the break out. I'm waiting for the pull back down into the mean, and I'll be looking for a buy opportunity. Be aware this is trading into big resistance. Whether there's enough liquidity there too cause the re-trace or not remains to be seen. USD is fairly weak and I'm expecting the crypto market to take off pretty much. My entry level is as per the video. Not financial advice.
Long
by fxtraderanthony
ETHUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. We had a resistance line R2 which the price could not break and it fell down. The price was not supported at the R1 line and it fell even more. The price is likely to fall down to the S1 line and if it stabilizes above it, it can move back up to the R1 line. You can also notice a head-and-shoulder pattern created by the price. If that is the case, then the price should first hit the S1 line, then come back up to the R1 line, and to complete the head-and-shoulder patter, it must fall down further below the S1 line. 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
THIS IS NOT A DIP - Bitcoin, EtherumFor weeks we have had warnings in price action that Bitcoin was entering a bearish phase. Articles, charts, and opinions that offer CONFIRMATION BIAS that the bull trend is just "having a dip" rise to the top because people read and share what they want to hear. I am not trying to prevent people from becoming crypto millionaires. I am trying to warn people against drawdowns, get them to reject the confirmation bias, and trade wisely! Why is this happening? I've been talking for the last month about interest rate fears as the evidence was in the daily price action. NOW the financial media this week has picked it up as a talking point. We'll talk more about this during today's Livestream, every Friday at 4pm Eastern.
BITFINEX:BTCUSDShort
by norok
15
Ethereum will bottom around 2700 before popping up to 3600/4000I believe ethereum is in a big head and shoulders pattern right now. We already made the left shoulder and head. I think we are going down to the neckline right now and will make the right shoulder during february/march. Aiming for a 2600/2700$ ethereum bottom end of january. Hoping for bullish divergences first week of february to bring us up to 3600/3800. Mid march should be the right shoulder's peak, where we will begin the full bear market. Expecting a market bottom by end of 2022 somewhere between 500-1200$.
BITSTAMP:ETHUSDLong
by UnknownUnicorn28493604
1