ETHUSD to see a slight uptrend(1D) | Volatility above 50%!!!Market in last 1 week
ETHUSD saw a downward movement with rejection from Upper Bollinger band
Price volatility was very high. The market moved ~57.72%, between $488.95 and $310
Today’s Trend analysis
BTCUSD expected to see a slight uptrend as the price is riding the lower band after rejecting from the upper band
Price at time of publishing: $350.8
BTC’s market cap: $39.3 Billion
Oscillator indicators are mostly neutral. RSI at 39
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators observed an increase in volume as while the value observed was low for blue candles indicating a weak buying pressure
Price expected to see a slight uptrend as the price is riding the lower band after rejecting from the upper band. Most of the Oscillator indicators are neutral. MACD crossed below the signal line with histogram size increasing in the negative direction suggesting a bearish bias. RSI at 39, below the midline, still in the neutral region. CCI is around -144, in the oversold region indicating an uptrend further. Another interesting point to notice here is that the volumes observed an increase in volume as while the value observed was low for blue candles indicating a weak buying pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
Ethereumprice
ETHUSD to see an uptrend(4hr)! | Lower band support & BB expandsMarket in last 24hrs
ETHUSD saw a downtrend with riding the lower band and Bollinger band expansion
Price volatility was very high. The market moved ~18.69%, between $438.18 and $370.00
Today’s Trend analysis
ETHUSD expected to see a slight uptrend as the price got support from lower band with Bollinger band expansion
Price at time of publishing: $387
ETH’s market cap: $43.6 Billion
Oscillator indicators are mostly neutral. RSI at 32
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators observed an increase for red candles while a decrease for the blue candles
Price expected to see a slight uptrend as the price got support from lower band with Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line moving below the signal line, with histogram size decreasing in negative direction. RSI at 32, in the neutral region below the midline, with an up move from the oversold region. CCI with a value of around -123 in the oversold region indicating an uptrend. Another interesting point to notice here is that the volume saw an increase for red candles and a decrease in blue candles, suggesting a strengthened selling pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4 Hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
ETH Market Dominance at 2020 HighEther’s market cap’s share of the broader digital asset market hit a 2020 high over 14% Wednesday. Although dipping a bit Thursday, the last time ether’s share was at these levels was back in August 2018.
“A large number of useful projects on the Ethereum blockchain contribute to ether dominance growth,” said Azamat Malaev, co-founder of HodlTree, a decentralized lending protocol. However, scaling is an issue that could cause ether’s share to wane, Malaev added. “To maintain this trend, Ethereum urgently need to scale the network - for ordinary users, transactions are already very expensive”
ETHUSD to see a downtrend further4hr)| Lower highs observed Market in last 24hrs
ETHUSD saw a downtrend and had broken the midline Bollinger band
Price volatility was very high. The market moved ~12.2%, between $472.08.00 and $420.58
Today’s Trend analysis
ETHUSD expected to see a downtrend as lower highs were observed along with squeeze in Bollinger band
Price at time of publishing: $423
ETH’s market cap: $48 Billion
Oscillator indicators are mostly neutral. RSI at 42
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators observed a decrease except a spike with blue candle and an increase in 20-candle moving average
Price expected to see a downtrend as lower highs were observed along with squeeze in Bollinger band. Most of the Oscillator indicators are neutral. MACD line moving below the signal line, with histogram size decreasing in negative direction. RSI at 42, in the neutral region below the midline. CCI with a value of around -78 in the neutral region with a down move. Another interesting point to notice here is that the volume saw a decrease except a spike was observed for a blue candle suggesting a strengthened buying pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4 Hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
ETHUSD to see a downtrend further4hr)| Bearish MomentumMarket in last 24hrs
ETHUSD saw an uptrend and got rejected from the upper Bollinger band
Price volatility was very high. The market moved ~6.13%, between $486.00 and $457.95
Today’s Trend analysis
ETHUSD expected to see a downtrend as the price got rejected from the upper band after riding the band
Price at time of publishing: $472
ETH’s market cap: $53 Billion
Oscillator indicators are mostly neutral. RSI at 73
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed a decrease as the price rides the band and rejects
Price expected to see a downtrend as the price got rejected from the upper band after riding the band. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, signal line approaching the MACD line from below with histogram size decreasing in positive direction. RSI at 73, in the overbought region decreasing, suggesting a trend reversal soon. CCI with a value of around 167 in the overbought region with a down move indicating a downtrend. Another interesting point to notice here is that the Bollinger band expansion takes place with a decrease in volume as price falls.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4 Hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
ETHUSD to move sideways4hr)| Bollinger Band expandsMarket in last 24hrs
-ETHUSD saw an uptrend with riding the upper Bollinger band
-Price volatility was very high. The market moved ~11.57%, between $466.62 and $418.22
Today’s Trend analysis
-ETHUSD expected to see a sideways movement as the price is riding the upper band with Bollinger band expansion
-Price at time of publishing: $462
-ETH’s market cap: $51.8 Billion
-Oscillator indicators are mostly neutral. RSI at 79
-Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
-Volume indicators observed a sudden increase in volume as price saw an uptrend
Price expected to see a sideways movement as the price is riding the upper band with Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, histogram size increasing in positive direction. RSI at 79, in the overbought region with an up move, suggesting a trend reversal soon. CCI with a value of around 177 in the overbought region indicating a downtrend. Another interesting point to notice here is that the Bollinger band expands with sudden increase in volume as price saw an uptrend indicating a strong buying pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4 Hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
ETHUSD to see a slight downtrend(4hr)| Gap up completedMarket in last 24hrs
-ETHUSD saw a breakout and rejecting from the upper band
-Price volatility was high. The market moved ~6.9%, between $430.5 and $402.76
Today’s Trend analysis
-ETHUSD expected to see a slight downtrend as a gap up was observed post which the price rejected from the upper band
-Price at time of publishing: $421
-ETH’s market cap: $47.5 Billion
-Oscillator indicators are mostly neutral. RSI at 68
-Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
-Volume indicators observed a decrease in volume in the recent candles after a sudden spike
Price expected to see a slight downtrend as a gap up was observed post which the price rejected from the upper band. Most of the Oscillator indicators are neutral. MACD line above the signal line, histogram size decreasing in positive direction. RSI at 68, in the neutral region with a pullback from overbought. CCI with a value of around 127 in the overbought region with a down move indicating a downtrend. Another interesting point to notice here is that the Bollinger band expansion is taking place.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4 Hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
ETHUSD to consolidate(4hr)| Series of LH and HL observedMarket in last 24hrs
-ETHUSD saw a downtrend getting support from lower Bollinger band
-Price volatility was high. The market moved ~6.9%, between $397.15 and $371.5
Today’s Trend analysis
-ETHUSD expected to see an uptrend as a series of lower highs and higher lows were observed
-Price at time of publishing: $388
-ETH’s market cap: $43.7 Billion
-Oscillator indicators are mostly neutral. RSI at 50
-Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
-Volume indicators observed a decrease in volume in the recent candles suggesting bullish momentum.
Price expected to see an uptrend as a series of lower highs and higher lows were observed. Most of the Oscillator indicators are neutral. MACD line crossed above the signal line, histogram size increasing in the positive direction. RSI at 50, close to the midline in the neutral region. CCI with a value of around 30 in the neutral region with an upmove. Another interesting point to notice here is that the price is trading inside the band with the Bollinger band squeeze taking place.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4 Hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
ETHUSD to see downtrend(4hr)| Lower highs observedMarket in last 24hrs
-ETHUSD consolidated with price rejecting from midline Bollinger band
-Price volatility was high. The market moved ~4.22%, between $393.5 and $377.56
Today’s Trend analysis
-ETHUSD expected to see a slight downtrend as price rejected from midline with lower highs
-Price at time of publishing: $385
-ETH’s market cap: $43.4 Billion
-Oscillator indicators are mostly neutral. RSI at 48
-Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
-Volume indicators observed a decrease in volume as red candles were observed suggesting a weakening selling pressure
Price expected to see a slight downtrend as price rejected from midline with lower highs. Most of the Oscillator indicators are neutral. MACD line touching the signal line, histogram size decreasing in the negative direction with about to cross zero. RSI at 48, below to the midline in the neutral region. CCI with a value of around -61 in the neutral region. Another interesting point to notice here is that the volume observed a decrease in volume with red candles observed suggesting a weak selling pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4 Hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
ETHUSD to see a downtrend(4hr)| Rejection from upper bandMarket in last 24hrs
-ETHUSD saw a an upwards movement rejecting from $412
-Price volatility was high. The market moved ~5.1%, between $412 and $392
Today’s Trend analysis
-ETHUSD expected to see a downtrend as the price rejected from upper band with the Bollinger band squeeze
-Price at time of publishing: $395
-ETH’s market cap: $44.5 Billion
-Oscillator indicators are mostly neutral. RSI at 45
-Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
-Volume indicators observed a decrease in volume with a spike with price hitting maximum in last few candles
Price expected to see a downtrend as the price rejected from upper band with the Bollinger band squeeze. Most of the Oscillator indicators are neutral. MACD line above the signal line, histogram size decreasing in the positive direction. RSI at 45, below to the midline in the neutral region. CCI with a value of around 9 in the neutral region with a down move, after pull back from overbought region. Another interesting point to notice here is that the volume saw a decrease in the recent candles with a spike with the price reaching high suggesting a strong selling pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
ETHUSD to see an uptrend(4hr)| Price breaks midline bullish MACDMarket in last 24hrs
-ETHUSD saw a sideways movement trading below the midline Bollinger band
-Price volatility was high. The market moved ~4.06%, between $399.25 and $383.66
Today’s Trend analysis
-ETHUSD expected to see a slight uptrend as higher lowers observed
-Price at time of publishing: $397
-ETH’s market cap: $44.6 Billion
-Oscillator indicators are mostly neutral. RSI at 49
-Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
-Volume indicators observed was relatively low around a similar value in the recent candles
Price expected to see a slight uptrend as higher lows observed with the price breaking the midline band. Most of the Oscillator indicators are neutral. MACD line crossed above the signal line, histogram size increasing in the positive direction. RSI at 49, close to the midline in the neutral region. CCI with a value of around 30 in the neutral region with an up move. Another interesting point to notice here is that the volume had a similar value in the recent candles.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
ETH expected to move sideways(1D) | Lower highs observedMarket in last 1 week
-ETHUSD saw a downtrend after Bollinger Band started to squeeze
-Price volatility was very high. The market moved ~17.94%, between $447 and $379
Today’s Trend analysis
-ETHUSD expected to see a sideways movement as Bollinger band squeezes with lower highs observed
-Price at time of publishing: $391
-ETH’s market cap: $44 Billion
-Oscillator indicators are mostly neutral. RSI at 53
-Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral
-Volume indicators saw a pattern in the traded volume with a decrease in 20-candle moving average
Price expected to see a sideways movement as Bollinger band squeezes with lower highs observed. Most of the Oscillator indicators are neutral. MACD line crossed below signal line with histogram size increasing in the negative direction. RSI at 53, above the midline still in the neutral region. CCI is around -55, pulled back from overbought region now in the neutral region. Another interesting point to notice here is that volume observed a pattern of increasing to the double of previous and decreasing to the half in the following candle.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
ETHUSD to see an uptrend further(4hr) | Higher lows observedMarket in last 24hrs
-ETHUSD saw an uptrend with the price reaching the midline Bollinger band
-Price volatility was high. The market moved ~3.96%, between $419.58 and $403.59
Today’s Trend analysis
-ETHUSD expected to see an uptrend as higher lowers observed
-Price at time of publishing: $412
-ETH’s market cap: $46.4 Billion
-Oscillator indicators are mostly neutral. RSI at 47
-Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
-Volume indicators saw an increase in volume with the high observed at the red candle
Price expected to see an uptrend as higher lows observed. Most of the Oscillator indicators are neutral. MACD line crossed above the signal line from below, histogram size in a positive direction. RSI at 47, below the midline in the neutral region. CCI with a value of around -17 in the neutral region with an up move. Another interesting point to notice here is that the volume saw an increase with a high observed with high seen for a red candle.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
ETH - Interesting imminent movement ahead.In the next few hours we could see some more action in the price than what we have had throughout this beginning of August where the price has been oscillating between lows of $ 350 and reaching over $ 400 on a couple of occasions.
If the triangle formation is fulfilled, we could see another impulse in ETH that would oscillate around $ 500, giving us a continuation to the new bullish rally that apparently is in play and that where now in view of 1h we can almost see that the moving averages 100 and 200 are almost very close. This point is a Fibonacci pivot between the $ 625 mark to watch for future long entries.
In the event that the price corrects (in daily view it is still oversold) the first levels to consider would be $ 350 and around $ 325, which would allow us a lower price action to increase the purchase while waiting for a better signal. Also in a 4h view we can see that the RSI is descending although this does not mean anything yet about the direction it will take.
What is your opinion?
Thanks for supporting this idea.
ETHEREUM. THE DEFI LEADER. $450 SOON? WE THINK SO...HERE'S WHYEthereum is the backbone to all the DeFi craze that has been going down right now. While gas fees have been extremely high, this also means on-chain activity is at record levels. Price wise this is simple. We are seeing the fuel be added to the 'rocket' right now. Take off to $350 is inevitable in our opinion, the large liquidity zone will be a STRONG resistance.
Calling all 18-year old Robinhood millionaires. If you want to see the next big thing, look no further than $ETH.
Is Ethereum trading in a Ascending Triangle?An ascending triangle is a chart pattern used in technical analysis . It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since the price will typically breakout in the same direction as the trend that was in place just prior to the triangle forming.
The trendlines of a triangle need to run along at least two swing highs and two swing lows.
Ascending triangles are considered a continuation pattern, as the price will typically breakout of the triangle in the price direction prevailing before the triangle. Although, this won't always occur. A breakout in any direction is noteworthy.
A long trade is taken if the price breaks above the top of the pattern.
A short trade is taken if the price breaks below the lower trendline .
A stop loss is typically placed just outside the pattern on the opposite side from the breakout.
A profit target is calculated by taking the height of the triangle, at its thickest point, and adding or subtracting that to/from the breakout point.






















