Ethereum usdEthereum
bullish Ethereum
Ethereum is a technology that's home to digital money, global payments, and applications.
Ethereumforecast
Ethereum’s 145-Days Cycle Calls for a Rally in DecemberSince the start of the year, Ethereum's (ETH) price has followed a 145-day low-to-low cycle that now calls for a rally in December. Historically, the Ethereum price has a clear seasonality, with a tendency to produce high median returns in December.
ETH 145-Days Cycle
This cycle shows ETH's tendency to bottom every 145 days or so. ETH's price has followed this cycle very closely as follows:
• On January 23, 2022, we had the first major low of the year.
• 145 days later, we had the second major low for the year in mid-June.
• On November 10, 2022, Ethereum printed another low, which is precisely 145 days from the previous low.
The last 145-days cycle low also coincided with the FTX-driven crash, making it more relevant.
We can distinguish an almost perfect symmetry between ETH's peaks and troughs, and the 145-days low-to-low cycle can also be observed as measured from high to high. There has been a 133-day high-to-high cycle since the start of the year.
This means that every 133 days, we can expect the ETH price to make a high as measured from the previous high. If we project the 133-day cycle from the most recent high (August 14), we can expect the next cyclical high to develop on December 25.
Ethereum Analysis 08.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
Ethereum technical analysis with USDT pair on BinanceHello,
Today I will take a look at ETH / USDT pair on Binance in the 4h timeframe. Ethereum is right now trading at $1250. The demand zone is sitting around $1100, and the strong supply zone is around $1250. Even if we had a few days of slightly upward movement, I believe a pullback will occur and the bearish cycle will continue to be strong. I can spot the formatting of a rising wedge bearish continuation pattern, and this is the reason why I am expecting the price to move in the direction of a downtrend. I am expecting that Ethereum will be around $1100 until the end of the year, maybe sooner. My signal for trading ETH / USDT is to go short.
Enjoy and have an amazing day!
BF
ETH - HOLD ON to something, DISCOUNTS Incoming !Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
The markets are correcting lower after a brief increase predominantly following BTC up. By looking at higher timeframes, you can zoom out to see the bigger trend at play and cancel out the volatility and noise on the lower timeframes. The RSI and momentum show that the bears are still very much in control, and Ethereum faces a serious risk of a flash-crash or a slow bleed down to $650 - $800 support zone. This is according to technical indicators Phoenix Ascending and Bollinger Bands . We can confirm this from a trend analysis - there simply isn't a large enough demand zone on the next immediate support zone ($1000) since it has already been tested twice, weakening it. Therefore, the price of ETHUSDT would have to drop more to find sufficient demand - more demand than the supply zone.
NOTE that this is not for the short term, but for the near term .
Incase you missed it ! Here's the Bitcoin update using the same method; Phoenix Ascending with Bollinger Bands:
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ETHUSD - Structure to WatchStructure in green rectangle should be considered for the bulls
Down channel in red and slight up channel can be also drawn in white
Double bottom is evident along this white channel, favoring the bulls
ETH Daily TA Cautiously BearishETHUSD daily guidance is cautiously bearish. Recommended ratio: 35% ETH, 65% Cash.
*Risk-On markets continue to get shellacked by a combination of: expectations of rising central bank interest rates through the first half of 2023 (and perhaps beyond) and continued supply chain disruptions due to more sanctions on Russia (which influences BRICS and OPEC+) and a massive reduction in US/China trade that is currently underway. Turkey has begun to ask for proof of insurance from Russian oil tankers now that Western insurers have been stepping away, this has reportedly caused a bit of a backlog in the Bosphorus Straits. Any earnings reports are essentially a non-factor considering that many of the forecasts point to decreases in top and bottom lines across many of the heaviest weighted industry sectors for Q4 and 2023.
Putin said today that the risks of nuclear war are growing as needs for Russia to potentially use them as a "deterrent" are also growing . I really hope that this guy is taken out from inside, anybody who makes these kinds of threats that could potentially wipe out a majority (if not all) of their own people in response does not deserve to be a country's leader. Russian people should be just as scared as Ukrainians if this is the route Putin decides to take.
VIX, EURUSD, GBPUSD, JPYUSD, CNYUSD, Metals, Natural Gas, DJI Futures and Agriculture (mixed). DXY, US Equities, US Equity Futures (mixed), US Treasurys, Cryptos, NI225, N100 and HSI are down.
Key Upcoming Dates: US November PPI 830am EST 12/09; US November CPI 830am EST 12/13; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14; US November New Residential Construction at 830am EST 12/20; US Final Q3 GDP Estimate at 830am EST 12/22; US November PCE Index at 830am EST 12/23; UofM Consumer Sentiment Index at 10am EST 12/23. *
Price is currently trending down at $1232 and risks losing $1270 minor support if it closes below $1230 in today's session. Volume is currently Moderate (low) and on track to favor sellers if it closes today's session in the red, it has been alternating between buyer and seller dominance in the second largest supply/demand zone over the past week. Parabolic SAR flips bearish at $1085, this margin is mildly bearish at the moment. RSI is currently trending down at 47 and fell back into the Symmetrical Triangle (ST) from February 2020 in today's session, the next support is the lower trendline of the aforementioned ST at ~39. Stochastic remains bearish and is currently trending down at 68, the next support is at 62. MACD remains bullish and is currently forming a soft peak as it begins to trend down at -11, it would have to fall below -24 to crossover bearish at the moment. ADX is currently trending down at 28 and is beginning to form a soft trough as Price continues to see selling pressure, this is mildly bearish at the moment.
If Price is able to bounce here and trade back above $1270 minor support then it will likely aim to retest the 50MA at $1329 as resistance (which should coincide with the upper trendline of the descending channel from November 2021. However, if Price continues to fall here, it will likely retest the local low of $1100 as support before potentially retesting $1000 minor support for the first time since July 2022. Mental Stop Loss: (one close above) $1270 .
Ethereum is not being any more bullish than rest of the marketSimilarly, like in the case of Bitcoin, we patiently wait for Ethereum to resume selling pressure and revisit much lower price tags. Fortunately, macroeconomic factors do not force us to abandon the price targets we erected during the summer. Therefore we still maintain them. Respectively, we are talking about 1 000$ and 900$.
Technical analysis
Daily time frame = Neutral
Weekly time frame = Bearish
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Ethereum: Wyckoff/VSA Ascending WedgeA bearish ascending wedge has emerged in ETH, reaching back up to the already-mitigated liquidity void hovering between 1300-1350K. Look for a decisive retracement in price if this void is touched again, as this is the sell order block MMs are dropping their supply at profit. The underlying Fibonacci retracement zones can either be used for shorts for bear investors, or DCA points for bulls.
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*Not financial advice. DYOR and trade at your own risk.
Ethereum Price Prediction Update ($600)Along with Bitcoins PA, I see this as the top for ETH, I see more downside from here, with a SMT divergence with Bitcoin. Testing Testlines and Bullish PA is going weaker. I think we will see lower lows very soon for ETH.
I am shorting from here NFA.
Ethereum price hints at possible growthIn November, when the BTCUSDT price updated the 2022 low, ETH buyers did not allow the price to update the annual low.
In November, the fall of the ETHUSDT price stopped in the liquidity zone of $1000-1250. This zone has played an important role in supporting buyers since 2021.
In the near future, Ethereum buyers have an important task to fix the Ether price above the liquidity zone, that is, above $1250
So, in the event of a "positive" in the cryptocurrency market, we have the following assumption of the possible movement of the ETHUSD price:
Growth to $1540 - correction to $1200-1250 - growth to $1900
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Ethusdt Buying Opportunity GMT +5 buying callmutilple levels added in the chart for short and long trade on currently scenario i suggest you to sell on upside
Possible Entry Levels: 1200-1245
Stoploss: 1272
Take profit: 1160-11380-1105-1080
trend is upwards but on Black friday as per previou mentioned market dumps around 8-20% so be careful
Buying Levels Recommended: 1080-1050-1000-980-870
Ethusdt Buying Opportunity GMT +5 buying call
Best Of Luck
ETH +10% in the next days?Hello hello! I made a quick analysis on ETH on a daily timeframe and I see some potential of another aggressive move of at least 10%. The EMAs are close to cross, indicating a bullish environment, the moving averages overall shows a strong buy, and a strong zone of resistance was recently broken, so the next target should be the next zone - at 1373. On the retest of the previous resistance we can be looking for an entry, giving us a 10% move until the next zone.
What do you think? COINBASE:ETHUSD
ETHUSD - Similar Area's in Green Initial bounce off the fib circle line (green arrow)
Leading to a double bottom and further correction (green circle)
Both scenarios along the horizontal lines are very similar
This could lead to a larger recovery as price moves into the next fib zone
Ethereum Analysis 03.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
ETH Daily TA Neutral BullishETHUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% ETH, 40% Cash .
* The November Unemployment Rate somehow stayed at 3.7%, with Nonfarm Payrolls increasing by 263k ... in the face of ramping layoffs and hiring freezes, this is pretty astonishing. The Federal Reserve has got to be wondering how the job market has remained so resilient with a dramatic slow down in demand due to a shrinking Fed balance sheet and rising federal funds rate. Though it has yet to be seen whether the narrative has changed on a potential slowdown in rate hikes starting on 12/14 (from 75bps to 50bps).
The Committee on Agriculture, Nutrition and Forestry held a hearing today on the FTX collapse ; you read that correctly, this is currently the Senate committee most responsible for overseeing Crypto regulation through the independent agency CFTC (which the committee created in 1974 to handle currencies and other nonagricultural assets). SBF is said to have met with the CFTC 10 times in the past 14 months . SBF was interview by Good Morning America on 11/30 and denied improper use of customers' funds ; this will likely come back to bite him in the ass if regulators finally get around to compiling all of the evidence against him. For one, he told Andrew Ross Sorkin at the NY Times DealBook Summit that he first "really knew there was a problem on November 6th" (start at 22 minutes) , which directly contradicts a since-deleted Tweet on 11/07 assuring people that "FTX is fine. Assets are fine" and that it was just a malicious attack by a competitor . Secondly, he claims to have no idea how his parents were listed on the deed for a $16.4m property in the Bahamas that was intended for FTX staff . US House Rep Maxine Waters candidly invited SBF to participate in the US House Committee on Financial Services hearing on 12/13 .
US Treasury Bills, US Short-Term Bonds, Silver, CNYUSD, JPYUSD, GBPUSD and EURUSD are up. DXY, US Long-Term Bonds, US Equities, US Equity Futures, Cryptos, Commodities, VIX, HSI, N100, and NI225 are down.
Key Upcoming Dates: US November PPI 830am EST 12/09; US November CPI 830am EST 12/13; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14; US November New Residential Construction at 830am EST 12/20; US Final Q3 GDP Estimate at 830am EST 12/22; US November PCE Index at 830am EST 12/23; UofM Consumer Sentiment Index at 10am EST 12/23. *
Price is currently forming a minor Ascending Triangle pattern at ~$1290 as it continues to hover above $1270 minor support, the next resistance is the 50MA at ~$1333. Volume finished today's session Moderate and favored buyers (it has favored buyers in three of the past five sessions), it's currently on track to favor sellers if it closes tomorrow's session in the red. Parabolic SAR flips bearish at $1067, this margin is bearish at the moment. RSI is currently trending down slightly at 53 after being rejected just below 55.31 resistance, the next support is the upper trendline of the Symmetrical Triangle from February 2020 at ~50. Stochastic is currently crossing over bearish at 95 after forming a Double Top at max top (it is still trending in the 'bullish autobahn' so this isn't a bearish indicator yet). MACD remains bullish and is currently trending up at -14, the next resistance is at 27.77. ADX is currently trending down at 31.46 as Price is attempting to push higher, this is mildly bearish at the moment.
If Price is able to push higher then it will likely test the 50MA at ~$1333 as resistance before potentially retesting the upper trendline of the descending channel from November 2021 at ~$1375 as resistance . However, if Price breaks below $1270 minor support , it will likely retest ~$1100 as support before potentially retesting $1000 minor support . Mental Stop Loss: (two consecutive closes below) $1269 .
ETHEREUM: $1500 POSSIBLE!Ethereum Update:
Slowly and steadily, ETH is climbing up the ladder toward the $1500 resistance level. If everything goes smoothly then we can expect ETH close to $1500 very soon. The support level will still remain the same at $1100 and if ETH goes below this level then we can reconsider a new support level. For now, aiming towards the $1500 with support at $1100.
Trade safely.
ETH - Trade Plan Buyers are advised to wait for a bullish breakout of the accumulation triangle, and form a bullish pennant pattern and go long till the projected staff of the flag.
Sellers are advised to wait for a bearish breakout of the triangle, and formation of a ascending wedge pattern and go short till the projected price of base of the wedge.
short as my btc prediction but this can go higher before dropReally most of the zones met, can reach upper one but unlikely then down. If you look at the time cycles we are getting closer to it/. Likely to hit the bottom soon
📉✌ETH Daily - Target 1200?✌📈BINANCE:ETHUSDT
COINBASE:ETHUSD
We are still in a bearish trend.
But the possibility of a trend change is not far from expected.
If you have a sell position, risk-free it or lower your stop-loss.
Between now and inside yellow area below, you can open long position in two steps.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
Eth back above 1250. 1420 and 1700 zone could be next targetsAs I said in my previous analysis, there are 3 major cryptos that I really like: Ltc, Eth, and Bnb.
With both Ltc and Bnb working very well, it seems is time for Eth to recover recent losses...
Technically speaking, the recent drop found a strong floor just under 1.1k with bulls taking control twice in this zone.
Last week's drop is a higher low relative to 1.1k and a daily close above 1.3k would also confirm a double bottom in place.
The first resistance is at 1420, but in my opinion, 1700 is more likely in the medium term.
This bullish scenario is negated by a drop under 1.1k
ETH Ethereum: 1D Chart UpdateToday you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD).
Ethereum is inside a triangle looking to complete a formation of a potential Bear Flag Pattern. The measured move of the Bear Flag formation is under $600. The price currently has two paths by either staying inside the triangle until completion or headed down.
I think the $600 range may be resting place before more downside based on my prior ETH charts.
I have been calling drops on crypto since November and December of 2021. I am more concerned than before that more drops are coming. Be careful.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
ETHUSDT in the range short-term moveIf ETH breaks the resistance at 1230$, we should see a move towards the next key resistance which is at 1290$ .
Currently the price remains in the mid of the range. Pullback to the bottom of the range is still possible.
2 scenarios visualized on the chart.
Break below the support (green line) would be an invalidation . Stop loss in place is highly recommended . Good luck
