Hello everyone,
Some of you have personally asked for ETH targets and charts.
Here we go, my ideas.
ETH and BTC have now successfully bottomed out, Yes you heard me. This was the floor. Now the fun starts.
ETH has perfectly retested the previous broken CUP n Handle continuation pattern and ATH. We have now a continuation which will bring us to 11k by the first...
I expect ETH price to break above ATH's, and take out trendline liquidity. On a daily perspective we are in a bullish market structure, price rejected D1 orderblock and confirmed the entry with a bullish momentum closure, expect the price to make today another BOS bullish and then hit 4500 h4 imbalance fill.
On 10th of November, Ethereum (like a lot of crypto) has started to correct and after a short-lived spike under 4k, EthUsd has started to rise and now is consolidating in a triangle.
I admit I had expected a deeper correction, but the market seems to contradict me...
From a technical point of view, since the low under 4k, Ethereum is putting in higher lows on our...
A Gann Fan analysis
Using the downtrend we can plot two points of Gann (2/1) and (8/1) both can be seen to be support points for the price
The uptrend Gann fan shows continually hitting of the top (1/2) seeing this we can assume that pressure is building up at this resistance point, and the bullflag that has formed above the (8/1) Gann line will smash this...
Using the Gann tool we can plot down trends and uptrends
Plotting both, it gives a support point for price, and also a resistance point
I expect a bounce off the support from the downtrend Gann line at some point
This bounce will hit the resistance Gann line (in red)
A large up channel can also be plotted if you place this up move (dotted line)
The indicator is...
An 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...
Our strategy says it's time for an Ethereum long.
Entry details are shown on the chart.
Trade has been live since 12:00 UK time.
Working the H1 time frame here and we're only looking for TP3.
Previous trades can be found on chart and some covered in previous ideas can be found in links at bottom.
As always the report box at foot of the idea shows the...
On this chart I have used Fibonacci Circles and the Gann fan tool to create trends and alignments that only are seen when using these tools
The key takeaway from this in short, is the trend alignment along the bear circle and the bull circle, placing the current bull formation directly above it
Also, using prior dates regarding bear run beginnings and bullruns we...
ETH Consolidation pattern after failure at 78.6% , placing some shorts as a hedge and looking to book profits on Shorts as ETH "Ping"Pongs" between these Triangulation pattern of (A), (B), (C), (D), (E) before we finally we a longer term rally on ETH.
History in the making as Sotheby's auctions Banksy in Ethereum.
Banksy Paintings Sell for 3,093 ETH in Auction House First
Two paintings from contemporary artist Banksy sold for over $12 million in the first Sotheby’s sale denominated in ETH.
At the same time, the price is at support. Time to go higher?
Sooner or later, yes. We do expect to see Ethereum...
Welcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
ETH/USDT analysis 1day update is support $3696 after this bounce
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you..
As price has approached this fib line
A comparison can be made with prior bullrun showing 3 rejection points, with the third rejection being the one where price breaks through and hits its prior ATH
This can be seen to be happening again and we are on the third rejection so ETHUSD is saying it will recover and pump to its ATH for this cycle
Looking for ATH at...
The retest is easily observed with the price being above the major bull trend line
Similarities can be seen in the 1,2 annotations
This will be the final retest before major bull activity resumes
ETH after a long rise, is experiencing a strong correction, this had to come and is normal in the cryptocurrency market, the most important thing is to use stop loss and play only for what you can freeze or lose
A nice curve can be drawn to explain the continuation expected on ETHUSD
This is a portrayal of that curve, which is not on the log chart
ETH still has energy
