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Ethereumforecast

Ethereum forecast / Signal updateAs you can see, the price entered a neutral channel since last night. Now we see two paths for the price, ascending and descending depending on the conditions (it is 50-50). If the resistance breaks at the top of the channel and the break is confirmed, it will continue to move bullish. In case of failure of support at the bottom of the channel, the direction will be changed and bearish. The probability is 50-50 in terms of technical analysis, but in terms of fundamentals and of course the volume of buyers, I think it is 60% bullish.
by Arash-RK
$ETH - BULLS ARE IN CONTROL BUT FOR HOW LONG?!$ETH - BULLS ARE IN CONTROL BUT FOR HOW LONG?! $ETH Great pair it has been with strong fundamentals as we get closer to Merge and various other factors such as the use case of ETH is far strong than BTC. It's like comparing Gold with Silver, Silver you can use that in various other components where as Gold, it's more of storage value not much use case. It's same view I have (IMO) on BTC vs ETH. BTC use case very minimum compared to ETH there are various investment institutions building exchanges and various other mind blowing projects out there which makes sense to me on ETH, now technically we can even go step further and compare the chart of ETH/BTC as you can see through Trading view previous posts. We could even now take in fundamentals this week US retail sales etc the market has been moving regarding cryptos with data that comes out as well. However, as far as I am bullish brought at lows of 1.2k Longer term positioning for me is key. I don't trade cryptos for shorter term movement but I also know traders that do and you can make capital out of shorter term trades when it comes to cryptos! For now we are at 2k technically within channel resistance is near 2.3-2.5k I think we will reach there but I'd love a pull back towards 1.5/1.7 areas to get in further. However, even if we don't get pull back at this moment of time I am not going to chase it I am happy with areas I have brought and have no worries and yes there will be FOMO a lot of it at these levels. I'd advise to be careful don't get into the FOMO. There are always trade opportunities even if we go above resistance of 2.5k could be good opportunities to see where it pull backs and then get in long at suitable level OR you could even short it. Whatever suits your OWN trade plan is key and ignore the outside noise you will always hear. Have a great week ahead, TJ
COINBASE:ETHUSD
by Trade_Journal
ETHUSDT 3D Where to buy a long position for the medium term?To see the general picture from the ETHUSDT chart, we consider it on a 3-day time frame. The good news is that during the strong fall in the crypto market in June 2022, ETH buyers managed to keep the price in the liquidity zone of $1000-1250 At this moment there is consolidation and, most likely, a set of long positions in the price range of $1000-1250 Confident long on the ETHUSD trading pair after fixing the price above $1250. Since currently the Ether price cannot be fixed above $1250, there is a possibility of another price correction down to the level of $1100 for Ethereum. However, the probability of a sharp drop ETHUSDT price below to the $600 area has also greatly decreased. As it can be seen that in the liquidity zone of $1000-1250 there is a decent fight between buyers and sellers on increased volumes, and currently it looks like the buyers are winning. The situation on the ETHUSDT chart will start to look bad again if the sellers manage to fix the price below $1,000. Based on the above, you can try a medium-term trade under the following conditions: Entrance $1100 Stop $880 (-20%) Take profit $2024 (+84%) The profit/loss ratio is 4/1 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
30
ETHUSDT 12h How long will the growth of Ethereum continue?Three weeks ago, before the current uptrend became mainstream) We published a long medium-term trade for the ETHUSDT trading pair And we are very sorry if you are still not subscribed to us and lost the opportunity to record +50% profit as of now. But this is not the end, let's analyze the current situation on the ETHUSD chart For today, there is still a chance of a minimal ETH price correction, but preferably not deeper than $1550, Well, then the continuation of the upward movement of the Ethereum price, towards the goals we indicated 3 weeks ago. They are relevant and as of today - they are $1750 and $2000 In this liquidity zone $1750-2000, it is better to fix part of the long positions and take a look around, which will generally be moods on the crypto market at that time. In this liquidity zone there will be two important battles: between buyers and sellers of ETH and between your cold mind and greed :) And also look at our ideas on Tradingview for at least the last month, you can find a lot of interesting things there to suit your "taste") _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Long
by P_S_trade
42
ETH Daily TA Cautiously BullishETHUSD Daily cautiously bullish. Recommended ratio: 65% ETH, 35% Cash . * SUNDAY/MONDAY SCARIES WATCH . Cryptos are enjoying a weekend rally as more Risk-On investors shake off inflation and rate hike concerns while continuing to jump back into markets. However, several major cryptos are currently testing critical resistances so we may see some volatility at these levels over the next couple of sessions. The merge is estimated to be launched on Ethereum's Mainnet ~09/15/22 . As always during weekend rallies, be wary of a potential Sunday/Monday sell off heading into a relatively tame week. Key dates next week: US Housing Starts and Building Permits at 830am EST 08/16; 5th GDPNow US Q3 GDP estimate at 915am EST 08/16; US Retail Sales at 830am EST 08/17.* Price is currently testing $2k psychological support and is still technically testing $1941 resistance; if it can close above $1941 in today and tomorrow's session it will confirm a flip to support. Volume is Moderate and currently on track to favor buyers for four consecutive sessions (seven of the past ten sessions have been buyer dominant). Parabolic SAR flips bearish at $1574, this margin is mildly bearish (20%+). RSI has reclaimed the uptrend line from 06/18 as support at ~67 and is currently testing the 50/50 uptrend line from November 2018 at ~72 as resistance; the next resistance is at 77. Stochastic remains bullish and is currently testing max top. MACD remains bullish and is currently trending up at 124 with no signs of peak formation as it approaches a retest of the descending trendline from November 2021 at ~137. ADX is currently trending up at 32 as Price continues to trend up, this is bullish. If Price is able to close above $1941 in both today and tomorrow's session, then the next likely target is a retest of the 50/50 uptrend line from February 2017 which should coincide with the 200 MA at ~$2200 . However, if Price breaks down below $1941, it will likely retest $1700-$1800 . Mental Stop Loss: (two consecutive closes below) $1941.
COINBASE:ETHUSD
by dailytaguy
ETH - Where to next?$ETH - Where to next? Checking ETH/BTC was a good start. However, now I am seeking out if this rally is sustainable to stay and it will be as long as we stay above $1380 - $1270 areas. If we don't however, hold then I will be re-thinking and waiting to see what the marker gives and plan out another trade of interest. There are various other projects out there with further great opportunity there is further liquidation issues when it comes to BTC and lets not forget the upgrades ETH is going through and various other research areas that you can look into further yourself. Another day to which to excel further! TJ
COINBASE:ETHUSD
by Trade_Journal
ETH Daily TA Cautiously BullishETHUSD Daily cautiously bullish. Recommended ratio: 75% ETH, 25% Cash . * All US CPI numbers beat estimates this morning and Overall CPI stayed flat at 8.5%, causing Cryptos, Equities, Commodities and the 30yr Treasury Bond to go up. Meanwhile the VIX, DXY and all other Treasuries are falling. Markets are continuing to push the narrative of 'Peak Inflation' and 'Incoming Fed Pivot' as we near US midterm elections, this is driving investors to become more Risk-On. Overall CPI staying flat can be largely attributed to the White House finally deciding to tap in to the Strategic Oil Reserve (in addition to OPEC+ increasing output) last month, bringing gas prices down 19% from their ATH in July. Core CPI (which excludes energy and food) was still up 0.3% (compared to 0.5% estimated). The fourth GDPNow US Q3 GDP estimate released this morning is +2.5%, up from the previous estimate (08/04/22) of +1.4%; this likely added bullishness to today's session. Coinbase missed on earnings and revenue in Q2 and posted a $1b loss due to the ongoing 'Crypto Winter'. Chicago Fed President Charles Evans said that he supports a 4% FFR in 2023 and EOY FFR of 3.25%-3.5% for 2022, and that today's CPI reading was encouraging but that the next Employment Situation and PCE numbers will help determine whether or not inflation is really slowing. The Merge is currently scheduled for launch on Ethereum's Mainnet on 09/13/22 . Key dates this week: Disney Q3 earnings today at 430pm EST; PPI at 830am EST 08/11.* Price is currently breaking out above $1711 minor resistance and will look to retest $1941 resistance in the coming sessions if it can flip $1711 minor resistance to support. Volume is Moderate (high) and favoring buyers which indicates that this breakout has some momentum. Parabolic SAR flips bearish at $1477, this margin is mildly bearish. RSI is currently testing the uptrend line from 06/18/22 as resistance at ~66, if it can reclaim support here this would be bullish. Stochastic is currently crossing over bullish at 61 after bouncing abruptly at 53, the next resistance is at 81. MACD is currently crossing over bullish at 96 after trading sideways for 6 consecutive sessions, if it holds then the next resistance is the upper trendline of the descending channel from August 2021 at ~137 (just below 155 resistance). ADX is currently trending up slightly at 29 as Price is pushing higher, this is bullish. If Price is able to establish support at $1711 minor resistance then the next likely target is a retest of $1941 resistance . However, if Price breaks back below $1711 minor resistance , it will likely retest ~$1600 before potentially retesting $1427 support . Mental Stop Loss: (one close below) $1692 .
COINBASE:ETHUSD
by dailytaguy
Ethereum ETH: 1D Chart UpdateHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD). Ethereum price has been rising since the July lows. The chart shows a variety of signals with potential for upward movement around the resistance areas at the top of the Keltner Channel (KC) near the 0.382 Fibonacci level. A major concern is Volume dropping off. Also Included: Fibonacci Retracement, RSI, MACD, Stochastic RSI, Ichimoku Cloud, and VPVR. 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! #cryptopickk
BITSTAMP:ETHUSD
by MillionaireEconomics
2
ETH IS Slowly Melting... Slowly...This chart breaks down a SHORT set up. Eth likes to liquidate both long and shorts AS she makes the main move south. It's the weekend. Put something light on her and let her run the course to Miami (SOUTH aka SHORT) There is genius in simplicity. This simple chart expresses That Fact. Bitcoin is buying and these two often are Ying and Yang.... to add to your confluence check list. Never Over Leverage. Trust your Trade Set Up. Have Fun! I Am Pro trading Made Simple. We are #SniperGang
BINANCE:ETHUSDShort
by Master-Jedi-Trader
4
Ethereum - watching support levelEthereum Intraday We look to Buy at 1571 (stop at 1524) We look to buy dips. The previous swing low is located at 1560. Bespoke support is located at 1550. Daily signals are mildly bullish. Our profit targets will be 1688 and 1728 Resistance: 1700 / 1750 / 1780 Support: 1600 / 1550 / 1500 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
SAXO:ETHUSDLong
by Saxo
Jamie Gun2Head Idea - Selling EthereumTrade Idea: Selling Ethereum Reasoning: At resistance level, price is still, looking to drive lower within the channel Entry Level: 1665 Take Profit Level: 1567 Stop Loss: 1692 Risk/Reward: 3.63:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
COINBASE:ETHUSDShort
by Signal_Centre