Ethereumdollar
MY MINIMALIST CHART ANALYSIS FOR ETHEREUM01.21.22
1053H +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.
This will be a good season for ENTRIES. Market has found strong support at a very bargain price for cryptos.
We will be focusing on BITCOIN and ETHEREUM as our TOP CRYPTOS. As for ALTS, ADA, POLKADOT, MANA, SAND, CURVE, MATIC and a few others.
Basically, the outcome of BITCOIN, the ALTS tend to follow. So I am limiting my published ideas to a few, quality over quantity.
ALERT:
Looking now for an ENTRY to a short to midterm LONG SWING trade.
Based on VITAL SIGNS (RSI, STOCH, VOL., MA VOL.) Looks healthy:
1. RSI still midway down
2. STOCHS on the LOW
3. Volume has a lot of supply for BUYERS to TAKE.
4. Looking at support at 2.7k zone
5. We can then expect a strong support at the 41k zone, right at the bottom of the MAJOR BLUE BOX and the ENTRY AREA OF VALUE MARKER.
Hoping that the market does not break any MAJOR or MINOR BOTTOM of our BOXES. Again, if it does, it will be a BUYERS MARKET and good for as all RETILERS.
Looking back months ago when the MINIMALIST BOX ANALYSIS was made.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb a NEW SWING CYCLE.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
PUBLISHED IDEA is created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
Q/A : What are the BOQXES for? It is made for TARGET ZONES IDENTIFICATION.
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS, Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Stay away from FOMO and FUD.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
It is all based if the right conditions are met. Generally it will follow the MINIMALIST BOXES.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of my work.
Much thanks to my 3 great mentors. They are so much of a blessing that I also wish to share my knowledge on what I was taught.
Vive Le Autist!
Vive Le Diamond Hands!
ETHEREUM - Trading at the good levels to buy🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock/Crypto coins to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
ETHEREUM IN IRREGULAR CORRECTION - Head and Shoulders formation?Looks like we are in Wave 4 of the 5 wave series for Ethereum A-B-C irregular correction
Macro-level
In a complex A-B-C correction
W(A) is a 3 wave (orange)
W(B) is a 3 wave structure and usually ends above W3 (purple)
Wave(C) is a 5 wave and drastically drops to the start of W(B) or a little lower
If we are in the downward cycle with the changes in the FED and other markers we might see this in an irregular correction to extend for some time.
Micro-level
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1) since we are in Wave (C) its going to be a 5 wave structure. I guess we are just completing W(1) in Wave(C)
2) we might see W(2) in W(C) go back up to 3985 mark
3) We see the right shoulder forming now with subwave w(2) and w(3) in wave (C)
Please comment and appreciate your feedback
Can Eth drop to 3k?After the last drop, Ethereum rebounded and had a very short-lived rally above 4k.
However, Ethereum, like all crypto market, in fact, is very weak and the price of Ethereum fall back quickly under 4k.
This is a strong bearish sign for me and I expect a new aggressive leg down, this drop can easily extend to 3k zone.
Only if I see strong buying power and Eth above 4.2k I would rethink this scenario
ETH and BLX - Can it be compared? An idea comparing two points on ETH and BTC
From these two points I have plotted the future of ETHUSD based on BTCs price print
The question is can it be compared
BTC seems like it has more real world applications, while ETH has more internet based applications (possible real world)
This chart does excite me regardless
I am long Ethereum
Plotting How ETHUSD May EvolveTrying to find another parallel channel that conforms to a bear market
The current trend that has formed, (lighter grey with middle dotted) Is going to be major parallel channel in the future I suspect
However if we do see a fall it will fall into the darker grey channel, which is slightly more horizontal
There are multiple support lines along this trendline if it were to form
Common Structure VAXXART & ETHUSDSo interesting that even since 1973 a comparison like this can be drawn to the early days of ETHUSD
I have plotted a bars pattern to see if the commonalities will continue even further
Both start with a rising wedge, that is successful in breaking down.
One major difference however is that ETHUSD is on the daily chart, while VAXXART is on a Monthly chart. Still.
Ethereum back in sells ↘️Back on our Ethereum strategy here using the EDGE trend follow script.
Entry details are shown on the chart we are in a short position.
Trade has been live since 15:00 UK time.
Working the 45M time frame here and we're only looking for TP3.
Previous trades can be found on chart one was a sell that hit TP and a buy which hit SL.
No strategy is 100% right all the time the stats for this one is 63% win rate.
As always the report box at foot of the idea shows the stats for this strategy.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
Strategy has been covered in other ideas of late so make sure to check them out too.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
ETHUSD Double Bullish Rising WedgeAn Idea for ETHUSD showing comparable structures in the current bull run
The rising wedge normally is considered a bearish one, however in this case, it is bullish . As shown by the first rising wedge
The second one will likely result in a larger rise as it is a bigger structural formation
It can also be seen that the previous peak is acting as a support for the current price
Points in white ovals are very similar.
An update on Fridays Ethereum idea👌On Friday I shared an Idea on an Ethereum buy.
The strategy in using our EDGE trend following script.
The script has been set up to work a simple 1:1 RR ratio and look to take snippets out the ETHUSD instrument.
Fridays idea can be seen below
Friday's Idea went on to hit take profit target and since then a short position presented late last night which also hit TP target.
Crypto being a 24/7 market automation is a must so trades like the sell are not missed.
As more and more brokers are offering options to trade crypto instruments going forward crypto ideas is something I'll look to share more on this platform.
As always the report box at foot of the idea shows the stats for this strategy.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
If your a crypto fan hit that follow button and get ready for even more crypto ideas using our trading scripts 👍
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
ETH #ETH Ethereum Log Chart $24K incoming?This is a monthly chart on a Log scale for Etherum for three cycles. I included in Fibonacci patterns as well as taking into account days. Drop in a comment and I will surely give you my feedback. I am unsure if it is all too possible but $24K ETH to USD seems to be coming soon. Something is brewing for sure. 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.






















