Like Bitcoin, Ethereum has been mostly choppy for the past two weeks. It has been oscillating predominantly between 1 250 USD and 1 400 USD in a reflection of the indecisiveness of market participants. Despite that, we are committed to our bearish thesis and expect ETHUSD to hit our price target of 1 000 USD by the end of Q4 2022. Our views are based on a...
Ethereum, similarly to Bitcoin, enjoys a temporary relief. However, we remain bearish as fundamental and technical factors do not force us to reassess our views. For the short-term, however, we would not be surprised to see a bit more upside as we expect many market participants to forecast the bottom and hunt for a bargain. Despite that, we think the bounce in...
In August 2022, we stated a bullish narrative regarding Ethereum's “merge” is absolute nonsense that will be proved wrong as time progresses. Then over the coming weeks, we also expressed our worries about the FED meeting in September 2022. Indeed, just hours before the FOMC, we speculated that Ethereum could have experienced a short-lived bounce, followed by a...
Here is my view for ETHEUR on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
September 2022 brings many exciting events for the stock and cryptocurrency markets alike. However, we will pay close attention mainly to two events in particular. The first event we will pay attention to is the “merge” with the soft deadline on the 19th of September 2022; the merge will see the current execution layer being combined with a new consensus layer. As...
Here is my view for ETHEUR on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hi guys, here is yet another idea. If we hold on, on our trend line and we do not fall under, there is a big chance of jumping up to 0.786. Otherwise, we will probably fall to 1564. Eventually 1543 can get tested as well. What do you think? If you find this helpful please hit that boost button!
Hello guys, I just wanted to share this idea with you. As we can see on the graph the 2nd top was reached 4 months ago. 1st top was reached 8 months ago. So as you can see, a difference between those two tops is 4 months. I think our new top might be forming and it could be reached in the following 2 weeks. If you find this idea helpful please leave a boost!
Throughout July and August, we warned that the bounce in the cryptocurrency market, which many rushed to call a trend reversal, was a bear market rally doomed to fail. Then, on 16th August 2022, we gave an ultimate warning to investors as we speculated the top was in for the rally, and a 50% decline was looming. Since then, the price of Ethereum has fallen an...
Here is my view for ETHEUR on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hi guys. I just wanted to share this idea with you. In my opinion ETH will stay around 1850-1900 until 17 or 18th of August. Then I think we can expect another bigger move. I only wonder where it will decide to go. What do you think guys?
On 15th August 2022, we proposed the idea of Ethereum being at the top of a bear market rally. Following our announcement, Ethereum erased more than 20% of its value within the following week. This move came as a blow to many market participants expecting the rally to continue toward the new ATH. However, we have stressed for some time now that this would not be...
Similarly, like in the case of Bitcoin, we also remain bearish on Ethereum. Indeed, we still maintain our price target of 1000 USD per coin. Our views are based on technical and fundamental factors detailed below and in the previous articles. Illustration 1.01 Illustration 1.01 shows the updated setup for ETHUSD with the bearish trigger below the immediate...
In our previous idea, we argued Ethereum reached a potential top of the bear market rally. However, we remain cautious until we see more signs to confirm our assessment. Our view is based upon bearish fundamental factors that will persist throughout 2022 and 2023, dragging the global economy into recession and causing risk-off sentiment. In our opinion, the...
MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space. IF THIS PLAYS OUT THE LOWS IN ALTS ARE ALMOST IN The ETH BOTTOM looks to be in and we in CryptoCheck intend to be prepared for it $$$$$$ LIFE CHANGING OPPORTUNITY DO NOT BE LEFT...
Based on the RSI, Candles, EMAE and the BB we are having right now a downwards trend followed by a bull back to hit the min 1.8k if not 2k EUR. Your thoughts?
Here is my view for ETHEUR on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for ETHEUR on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!