Ethereumdollar
We expect growth in the coming days ETHEREUM ETH priceAlmost two weeks have passed since the transition of the Ethereum from POW to POS
What did we get? Movement along the red route from our previous idea, as well as:
- reduction of mining of new coins by -86-90%
- falling ETH price
A little illogically. The prospect of a decrease in the supply of Ether on the market should have provoked a strong increase in the ETHUSD price
It is possible that the trading strategy of large deposits is currently being restructured, taking into account the new minting data of new ETH. And in the future the ETHUSDT price will resume its growth.
However, the truth will be that the launch of the MERGE coincided with, how we hope, "final fall" of the crypto market in 2022.
And while the BTCUSDT price was close to updating the minimum of 2022, the ETH price stopped at 27% above the June minimum.
Ok, in the coming days, we expect the ETHUSDT price to rise to $1575 . There is a crossing of several critical levels, so a correction from there will be very likely.
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Ethereum Is Rejected | Now Watch out For Inverse H & SHi friends hope you are well and welcome to the new update on the Ethereum coin.
Big wedge formation:
On the weekly time frame Ethereum has entered a very big falling wedge pattern.
Priceline found the support of this pattern in the month of September 2021 then got 1st rejection by the resistance of this pattern in the month of November 2021, then again drop down at the support in the month of January 2022 and rejected by the resistance in the month of April 2022, finally, the priceline again dropped at the support of this wedge in the month of June 2022. Then Ethereum started another rally from June to August 2022 and after the rejection of August there was a price correction, and recently the price has again reached resistance but it is likely to be rejected once again. One thing is for sure, in order to start a big bull run Ethereum needs to breakout this huge wedge pattern.
Broke out a channel:
On a daily time frame, while moving inside the big falling wedge pattern Ethereum has also formed a down channel and already has broken out the resistance of this channel. The target for this break out is approximately at $3,500, however, so far the priceline is not able to reach the target for this break out from the channel because it has been stopped by the resistance of the bigger wedge pattern.
Inverse Head & Shoulder:
On the daily time frame, Ethereum has also formed an Inverse Head & Shoulder pattern. The right shoulder can work as strong support which is at $1400. If this support will be broken down then there can be a big drop expected up to the long-term support of $880 and there is also the support of wedge as well.
Conclusion:
In the short term, the priceline is testing very critical support of the right shoulder of the Inverse Head & Shoulder pattern. If this support will be broken down then price can drop to test the support of the falling wedge pattern and the long-term support of $880, however, in the long term, Ethereum has formed a very big bullish biased falling wedge pattern, and eventually, the priceline can break out the resistance of this wedge. Once Ethereum will be able to break out this big falling wedge pattern then the target can be the top of the wedge which will be approximately $4500.
Ethereum will fall hardRead the text carefully:
If we reach the red box that is 2100-2400 USDT, it is an excellent area for short position
In general, the path that Ethereum will follow for the coming months and weeks will be a deep and heavy fall towards $500-$350.
This drop is not specific to Ethereum and I think the entire crypto market will undergo a heavy correction.
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ETHUSDT 1D The latest growth Ethereum priceMore than a month ago, we published the ETHUSDT trade with +84% return (our take profit $2024, maximum $2029)
We warned that in this liquid zone it is better to cover longs, because a correction may begin.
Given that the transition from PoW to PoS is planned to be completed between September 16-19, we take these dates as a basis.
We suggest that another wave of ETHUSD price growth is more than real.
The first target for growth is $2500 , although the next liquidity zone is wide $2500-3100.
Critical point - $1300 above this level, the growth scenario is relevant, below - not
In mid-September, you should either keep a short stop on a long position, or partially/completely cover it, because it is difficult to guess how the market will react to the shutdown of ETH mining.
This news can both create a deficit super Ethereum price growth, and the price can collapse due to the lack of speculative price component
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ETHUSD - Bull Faith Update 3A comparison between early 2017 ETH and current price formation
Similar bottom patterns can be seen
I assume the early 2017 case is a more volatile situation due to age
A sharp recovery is still valid if this comparison is however
My third update to the bull faith cases rest are below
ETH: A break and we are off?!Ethereum
Intraday - We look to Buy a break of 1181 (stop at 1139)
A break of the recent high at 1174 should result in a further move higher. 50 4hour EMA is at 1175. Short term momentum is bullish.
Our profit targets will be 1288 and 1318
Resistance: 1170 / 1200 / 1250
Support: 1100 / 1050 / 1000
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ETHEREUM-How good is this merging??Hi everyone
As we get close to 8th of June for Ethereum 2.0 upgrade, some good bullish moves may happen on this asset's pairs which includes ETHUSDT.
In the past couple of bars, the weaker selling pressure is obvious,but to have a healthy trend we may get another move down to 1725$ and then we can have some good bull market.
Support factors are 1725$ level and the bottom of daily trading range and for resistance we have the bear trend line and 1810$ level.
Hope this analysis helps you in a way.
I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
Ethereum could go below $1,000#Ethereum is hanging by a thread, a break of $1791 with candle closures, guarantees a price correction to $1.37k - 1k demand zone. A hold of the above region could lead price to rise to $2.4k - 2.2k supply zone and continue to $2.65k - 2.95k regions possibly. If we reach this key daily supply area, we could see a sharp drop down to $1k as its a major order block and liquidity level.
As of now #Eth is forming lower lows and is very bearish, a push above is just to form lower highs comparatively and in turn trapping retail trader to grab liquidity. DO NOT INVEST AT THESE CURRENT LEVELS, wait for better prices to come to you below $1k ,IMO.
ETHUSD - Head and Shoulder Formations An idea exploring a repeating or comparable Head and Shoulders formation
The white rectangle is the comparable place in price
I don't think a moon shot as big as the 2016 will follow, simply because of the age of ETH compared to 2016
Growth will resume although.
ETHUSD Dominant Trendline and MA ContinuationConsider that the dominant trendline hasn't been broken yet
A bullish attempt has already been seen at this Trend Line
Also the wedge that the price has provided us is quite a large range, providing a possibility of a huge price increase, comparable to the one seen in 2021 May
The 200MA wouldn't have to curve much to begin to rise again
A great long entry point
Ethereum / Dollar 💥 #RocketBombHello, today for the first time in 14 days I was able to open my laptop and start working.
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I'm trying to be strong... really trying!
Ok!Let's look at the Ethereum chart.
On the hourly chart, we can see that in January of this year, the price broke a strong bullish trend line and has since formed a triangle - an uncertainty figure in technical analysis (you can see several examples of triangles on the right).
It's difficult to trade these figures, you need to wait for a breakdown and confirmation. It's better to wait for this.
You can look at higher time frame, IMHO looks more clearer
What are your thoughts?
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Ethereum in a parallel channelEthereum has been consolidating in a ascending parallel channel in a 4-hr time frame.
There is a negative rsi divergence there.
We may short Ethereum once the parallel channel breakdown.
Support/target levels or there on the chart.
Can wait for a entry, Once it retest the parallel channel support we can enter the trade and hold it till our target price.
ETHEREUM LONGS 3000📉📉📉📉 Expecting bullish price action on ETHEREUM as price is filling a H4 bullish imbalance and rejecting from a POC X2 Volume Profile area + Bullish orderblock on H4, we have a bullish market strucutre on the H4 as price keeps making higher highs and higher lows with bullish BOS (break of strucutres)
My target is above 3000 institutional figure..
What do you think ?
ETHUSD Backwards Falling WedgeEthereum can be seen to be forming a large wedge structure, in which looked at in a reverse fashion a sharp breakout can be seen upon the ending of the 'falling wedge'
This breakout was a 134% increase from its bottom
This bottom is a crucial point in the evolution in price, providing the first bottom for the double bottom structure
I say price must be higher for this backwards falling wedge to exist because a falling wedge like this would only occur if price was in a descending fashion (when looked at backwards)
There is still room for ETHUSD to go way higher
Check out my God Candle idea above
ETH Weekly AnalysisEthereum did get below significant zone a couple of weeks back, which turned from support to resistance. Although we saw a second strong rejection to the downside, we're still below the zone, which needs strong power from bulls to get through.
Although bulls would be right by saying there is some positive development (rejection of move to the downside, outflow of crypto from exchanges, bids from whales), I think we will see ETH moving towards the 2k area, which will act as the significant support and we may see trend reversal.






















