ETH is currently very difficult to analyze, the market shows a lot of volatility and the trend can change very quickly, but there is nothing to worry about because for LONG, ETH is still a great investment
Ethereum - Intraday - We look to Buy a break of 3181 (stop at 3088)
Daily signals are bullish.
Pivot resistance is at 3175.
A break of 3180 is needed to confirm follow through bullish momentum.
The bias is to break to the upside.
Prices have reacted from 2650.
Our profit targets will be 3448 and 3498
Resistance: 3100 / 3180 / 3300
Support: 3050 / 3000 / 2950
To make it simple, these are the most important levels to watch for eth.
bounce back from current support: bullish
breakdown: Buy at next demand zone
900-700 levels are also considered a good buy should it fall there.
overall, depends on how the market will act in october.
Nobody was looking at bitcoin yesterday bitcoin was $300 today price is $44000
Ethereum was $90 yesterday, $3000 today
Want an example, look at the past.
The rule of this business is mining.
A coin has either value. or not
It's all about 0 and 1.
How much will bitcoin rise if Crypto becomes legal?
How much will Ethereum rise?
What about Ethereum Classic,...
After an impressive breakout, the next leg now follows (there was also the simpler ETHBTC play where buyers have succeeded and are ready to play the next deflection).
On the ETHUSD side, buyers have created a chance for Q4 to attack the highs. Sellers did not want to hold...
We can be seen to entering the best possible entry territory for ETHUSD (green circle)
This is second to the entry at the aqua circle
We sell when Ethereum enters the overbought zone in the red
This leaves the price at around ~8000USD
Similarities can also be seen on the MACD, with two peaks
Ethereum is doddering at $3,100 after failing to break the resistance at $3,200.
The MACD may call more buyers into the market if Ether confirms a break above $3,200, a move that could bolster ETH toward $4,000.
Ethereum moved with its peers on Thursday and managed to reclaim the ground above $3,000. As reported earlier this week, the prominent smart...
Where I see ETHUSD going on the four hour chart
I see great potential for a strong recovery from this recent fall
I expect a move up, being semi parallel to the (2-3) move
These are just my thoughts so take with a grain of salt
I am looking for the 8k range for a sell on ETHUSD
ETHEREUM IS ON IT'S WAY TO $4500 BECAUSE OF THE CREATION OF THE CREATION OF THE NFT MARKET AND CHARGING FOR THE ERC 721 PROTOCOL. Also because they are moving to Proof of Stake. Proof of stake means liquidity on the blockchain. ETH is growing because of the growth of HEX COIN blockchain that is paying 40% to lock a stake which is on the ethereum platform. We are...
Ethereum failed to recover above the $3,120 pivot zone against the US Dollar. ETH price is declining and it could extend its losses below $2,950.
Ethereum struggled to recover above the $3,120 and $3,125 resistance levels.
The price is now trading below $3,080 and the 100 hourly simple moving average.
There is a major bearish trend line forming with resistance...
Prices trading near a horizontal level are always my favorite positions to discuss. Here, we can consider two great opportunities with good risk reward. Entering near a horizontal area ALWAYS gives great risk-reward, which is why you'll see me often talking about those.
The first and most obvious trade here is a long trade upon the breakout. However, we have...
Update on Ethereum , on this Sunday at the end of September.
After the price hit the two targets I had predicted in the previous article, it kissed € 3,387 on September 3, and then suffered, following Bitcoin, the heavy sell-off of September 7, which reversed the trend of the largest share part of the cryptocurrencies.
At this time, although we are still...
Currently the market is very dynamic, but I can see that ETH despite the corrections is returning to its levels, this shows that it has a strong position and predisposition to a new ATH in the near future, but it is worth setting a stop loss and after a possible correction, buy more ETH at a lower price and hold on LONG (I think this is the safest way now)
Ethereum shakes off weak hands from the market following the freefall to $2,650.
The 100-day SMA plays a crucial role, ensuring that ETH does not extend the bearish leg to $2,400.
The cryptocurrency market is experiencing a downtrend run amid heightened volatility. Investors have been cautiously bullish, especially with the stock market bleeding in the wake...