Previous buy signals for Ethereum were quite successful (see links below). It all began here: Pay attention to how closely price followed these projected levels. Now my view is that this correction from ^ATH of $412 is likely to continue below $300. To resume the uptrend we need to break out of the pitchfork. Important price levels are drawn on the chart.
We may see ethereum hit $250 or higher soon. The technical indicators are bullish. Ethereum ICO's are gaining significant venture capitalist investment - I am long for now.
At the beginning of the alt coin bonanza when someone told me about Ethereum, I kinda had a look at it in it's initial stages and though 'meh' I was riding high on the big boy Bitcoin (still do) but as it came and the years went by their tech and the tech of many coins improved. Innovation! Innovation it was key to grab yours and my own attention. Ethereum is one...
Price is currently sitting between a .618 and .786 retrace from the all-time high. A bullish fractal confirmed in the new year. Price is also below the volume point of control. Entry would be anywhere between the .618 and .786 levels. Short-term targets could be a 50% retrace or the point of control. Notice how similar these levels are. Fundamentally, Ethereum...
Ethereum appears to be in a large correction. We are currently in the midsection of the correction, where we have a channel containing a WXY corrective price action. We are looking for one more move higher to complete wave X. See our next post for the lower timeframe analysis. Goodluck and as always, trade safe!
Ethereum is still very bullish, so there is no reason to expect lower prices at this moment. We can see that the price broke out of this ascending parallel channel and retested it. Usually you want to wait for a retest and then enter a long position, which is happening right now! You can place your stop loss below the previous swing low (inside the ascending...
Ethereum indicates that we are now approaching the completion of Wave 3, which is expected to be between $3,274 and $5,400. There is potential for an increase in the coming days that could drive prices significantly higher. However, the 161% extension level within Wave 3 is seen as very important and significant, and the resistance line at $3,581 could become a...
Ethereum (ETH/USD) is rising towards a potential breakout level and could make a bullish continuation towards our take-profit target. Entry: 3,653.08 Why we like it: There is a potential breakout level ( wait for 1-hour candle to close above 3,653.08 for breakout confirmation ) Stop Loss: 3,412.92 Why we like it: There is an overlap support that sits under the...
Ethereum CME Futures testing Gap Up Support Resistance levels. Also Fibonacci 55% Retracement Level , First Touch Price Rejection. ...................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an...
Ethereum—some call it the silver of cryptocurrencies; obviously, Bitcoin is the gold. Anyway, continuing from the last ETH analysis, ETH is still moving in a wide ascending channel. Currently, ETH is oscillating in a triangle pattern that is sloped slightly upward. At the same time, there is a horizontal resistance/support area that acts like a magnet. Also, the...
Ethereum in the short term time frame Downtrend line in the RSI indicator Downtrend line on price Failure to break through the $3055 resistance There is a possibility of price correction up to the range of 2981 dollars
Ethereum in a smaller time frame of one hour We have an ascending channel A shorter-term downtrend line has been broken with an acceptable candlestick The downward trend line on the RSI indicator has also been broken Both at the current point and at the bottom of the above ascending channel, by seeing the confirmation candle, one can imagine a long position. Check...
Ethereum Dencun are coming... L2 layers getting more cheap tx and more people can interact with smart contract and deploy it
Ethereum (ETH/USD) is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 2,738.23 Why we like it: There is a pullback support that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 2,680.96 Why we like it: There is a pullback support that aligns close to the 38.2% Fibonacci...
Ethereum in the 4-hour time frame According to the chart, the support floor in the range of 2122 to 2147 dollars has worked well and currently, according to the upward trend of the RSI indicator, we can hope for the growth of the price up to the 200-day simple moving average line. Good luck.
Ethereum in 4 hour time frame According to the chart, we can see the beautiful reaction of the price to the 200-day simple moving average line. If the current candle closes in the same way and below the 200-day moving line, we can hope for the proposed position. This purchase offer and. or not for sale. Please check according to your own analysis. Good luck.
Ethereum (ETH/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 2,262.59 Why we like it: There is an overlap resistance level Stop Loss: 2,343.71 Why we like it: There is an overlap resistance that sits above the 23.6% Fibonacci retracement level Take Profit: 2,136.64 Why we...
Ethereum (ETH/USD) has just reacted off an overlap support and could potentially climb higher towards our take profit target. Entry: 2,446.97 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 2,375.82 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement...