Ethpriceprediction
Ethereum's Next Big Update: How This Trade Setup Scored 4% Here's a short and sweet update on our ETH trade: Remember, while this trade was profitable, always conduct your own research and manage risk appropriately in future trades.
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ETH short setup ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
ETH target 4700 (perp)4h time frame
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TP: $4700
SL: $2705
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ETH jumped out the substantial wedge structure, and had a drawdown to retest it. According to several times that ETH tested 0.382 Fibonacci projection, which build a robust bottom around $2850 for further pumping. Uptick is coming once ETH confirms this breakout, that will make an instant surge to $4700 in future.
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Eth buying setup its might be a risky one i am not that much shore the price will come to our entry point but i am worried due Eth upgrade. the investors are getting there EThs it might create some fear in those investors heart when the see Eth price down by 3 percent so may be in FOMO they start selling and we may see a massive dump and we will hit our stop loss. that's why stop loss should be used at such kind of trades
Ethereum to 2k usdEthereum finally broke its resistance of 1830 usd. This is a welcome break after a 17 days sideways period.
Right now we're at day 25 out of the on average 65 days cycle of Bitcoin. I'm using Bitcoin as a reference as Ethereum is highly correlated to that asset. Meaning we still have a max of 2-3 weeks of upside potential, as I expect us to have peak at the right side of the halfway point of the daily cycle.
I believe this move will bring Ethereum at least to 2k usd as that is where the next resistance resides.
ETH/USD Critical Breakout Level of 3 Year Structure!Hello Traders,
Haven't made a post in a year since I called the top of the last bull-run (you can see it in the linked ideas).
This post is an alert to anyone watching the macro of crypto. A confluence area of .786 Fibonacci retrace, 2018/2019 all-time high, a year old supply line breakout, and 3 year old support line is where the asset is currently priced.
As of yesterday, we have broken the supply line to the upside.
Now, to me, this does not mean buy immediately, but it does mean we need to monitor the price action for the next month or so. Any confirmation of a breakout whether that be a backtest or a pump may indicate that the bottom is in.
Price target for next ETH bull-run is $7,000 - $12,000+.
Don't believe me? That's okay, who buys crypto going into a telegraphed recession anyways?
This post is for clout so I can flex on my friends two years down the line at the top of the bull cycle 😁
All the best,
dysonring2050
We Called The ETH Pump!Our RSVP Extractor and Wave Strength Oscillator called these pumps perfectly! We also had a 3D ETH bullish divergence that we posted about a couple weeks ago which played out to a tee! Now I've broken down a Daily ETH chart to share my thoughts on some big support/resistance points to look out for!
1. We have a Daily trend line (red) that has been resistance since Nov 10, 2021 and coincides with the 2325 level
2. There's also major resistance at the 2125 level which coincides with the Daily 200 EMA (teal line) and the horizontal resistance from May this year (pink line)
3. The RSVP Extractor is starting to get overbought so keep watching that for any sell indications (along with the Wave Strength Oscillator)
Since both indicators don't have any strong sell signals yet, I'm expecting a continued push up until the merge to the 2300ish level. If we do pullback from here, there's some good support at 1930 and 1730 respectively.
Please make sure to only trade with what you can afford to lose. This market is extremely volatile and you never want to be caught on the wrong side.
If you have any questions about my TA or the indicators used, please leave a comment below or send me a DM. All of my links are next to my profile pic :)
ETH Long Played Out Perfectly! From our previous idea post, we called ETH continuing the decline to 1046 (which we hit) then bouncing back to 1220 (which we also hit). I'm going to cover my thoughts for the next ETH move and where I think we're going from here!
Based off of our previous analysis, I've been using my RSVP Extractor along with the Stoch RSI, two very power indicators. This, along with some support/resistance lines have allowed us to predict most of these moves. After ETH hit our long target of 1220 we saw another rejection (red shaded area) and I believe we'll hit a short term retracement to 1165 (8h micro support) which is also fueled by the double top on the Stoch RSI. Following this target, I believe we'll see a bounce to retest the resistance near 1220-1270 while ultimately breaking through to our bullish target of 1430. This level will see a lot of resistance as it's also the resistance on the weekly chart as well (1360-1430). Pending any bearish news, I can see this playing out within the next week or two.
If you have any questions about my TA or the indicators used, please comment below or send me a DM :)
We Called The ETH Short!On our last post, we talked about or quick short position on ETH from 1220 and we actually hit our target of 1136! I'm going to cover my next price prediction along with some TA I used and indicators below:
To predict our ETH short, we used the RSVP Extractor and the Stoch RSI along with out support/resistance lines. Based on the 8hr chart for ETH, we saw that every time there was a red diamond on the RSVP Extractor and the Stoch RSI was near 100, the price of ETH would decline approximately 7.5%. This initially gave us a price target of 1136. Now seeing that we dropped below that, our next price target is 1046. This is based off a couple of factors. First, the 8hr support for ETH is at 1046 (orange line) and we have two green diamonds on the RSVP Extractor, AND the Stoch RSI is near 0. All of this combined, I believe we'll get a rebound at 1046 all the way back to 1220. If we keep falling afterwards, my next target would be 945.
TL;DR - ETH short target is 1046, ETH long target is 1220. Further decline of ETH could see support around 945.
If you enjoyed my TA or have any questions about the indicators used, please comment below or send me a DM :)
ETH - CYPHER HARMONIC PATTERN?Hey guys, hope everyone is good. I have something new here, a HARMONIC PATTERN
Harmonic patterns involve more than just geometric shapes. They also follow strict "rules" measured by FIBONACCI LEVELS
There are several types of harmonic patterns including Gartley, Butterfly, Bat, Cypher, 3 Drives, Crab, and more.
This particular pattern is called the CYPHER PATTERN It is a REVERSAL PATTERN and usually occurs near strong trend reversals.
It's said that CYPHER PATTERNS have a higher success rate than any other HARMONIC PATTERNS but are rarely found on the charts.
The CYPHER PATTERN can be bullish, or bearish. The pattern in this chart is considered a bullish pattern. The buy order should be at point "D" with a stop loss below point "X"
As I mentioned above, There are "rules" (requirements) that need to be met in order for the CYPHER PATTERN to be considered VALID .
X-A > Line X-A is an IMPULSE LEG
A-B > Line A-B is a RETRACEMENT of line X-A. It MUST retrace to 0.382-0.618 (candle close)
B-C > Line B-C is another leg up. "C" MUST end up between the 1.272-1.414 FIBONACCI EXTENSION LEVEL of impulse leg (LINE X-A)
C-D > Line C-D is a RETRACEMENT of X to C. Line C-D MUST touch the 0.786 RETRACEMENT LEVEL
The chart shows a possible CYPHER PATTERN trade setup. Lines X-A, A-B, and B-C are all VALID, therefore IF line C-D touches the 0.786 RETRACEMENT OF X to C, we should have a high risk/reward trade setup.
For this to be considered a VALID HARMONIC PATTERN, all of the "rules" above MUST be met.
So far, the first 3 rules have been met. The only thing that is required now is for ETH to retrace to the 0.786 of X-C which is between $2200 - $2300
If the pattern CONFIRMS to be VALID, the TARGET is set at the 0.382 RETRACEMENT of X to C which is approximately $3700 (A potential gain of around $1500) Stop loss order just below "X" ($1690)
If ETH does NOT retrace to the 0.786 of X to C, The pattern is INVALID .
Because of the strict requirements for the CYPHER PATTERN and other HARMONIC PATTERNS, they do not occur as often as other chart patterns.
TO BE CLEAR, THIS IS A POSITION "NEUTRAL" CHART. IT IS AN ANALYSIS & TUTORIAL. ETHERIUM WOULD HAVE TO DROP TO $2230 FOR THIS IDEA TO BECOME VALID.
Just sharing some interesting things I've learned and can make use of. Hope you guys like this and find it interesting. If so check out my other Ideas. I'll leave my most recent BTCUSD chart link below.
Please LIKE, FOLLOW, SHARE, and COMMENT if you wish. Sometimes I'm busy but I do respond mostly.
*** THIS IS NOT INVESTMENT ADVICE This is just an idea and based off of my research and experience learning and trading cryptocurrencies. Always do your own research before trading or investing***
ETH - what's coming in the near future on 2D?The price has broken the main trend line in blue colour on 2D. The purple horizontal lines are liquidity levels - this is where the price always heads to. Keep this in mind.
The price has tested Ichimoku support (red colour line of the light green cloud) couple of times, but did not break it.
Currently the price is moving up either within an ascending wedge between black line and blue trend line OR is moving up within black coloured channel towards liquidity level and BB medium.
The indicators unfortunately are not showing much. Stoch RSI and MACD are only suggesting a prise rise, but are yet to provide a confirmation.
Price reversal - I see 3 potential points at this time:
1. At descending trend line in green colour.
2. At liquidity level around 4,010-4,030 USD.
3. At Ichimoku's cloud resistance that coincides with a dotted blue line.
In either case, price reversal should be confirmed by a daily candle which closes with a pin bar or bears engulfing pattern + a vertical volume should give us a long green candle on that day - then a price reversal and a drop to 3,195 USD becomes most likely!
I will update this ETH analysis as we go along.






















