Ethreum
Ethereum to break the resistance?Ethereum - 24h expiry - We look to Buy a break of 1846 (stop at 1796)
Daily signals are mildly bullish.
A break of the recent high at 1844 should result in a further move higher.
1844 has been pivotal.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
The primary trend remains bullish.
Our profit targets will be 1966 and 1986
Resistance: 1830 / 1845 / 1860
Support: 1790 / 1780 / 1760
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Ethereum -> Still Stuck At The $2000 LevelHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum just recently once again retested a quite massive weekly structure area at the $2000 level which is now turned resistance again.
However you can also see that overall market structure and moving averages are still quite bullish, in my opinion we also already saw the bottom of the bear market so I am now just waiting for any opportunity to then get long Ethereum for the next bullrun.
On the daily timeframe you can see that Ethereum shifted back to a bearish market by breaking below the $1825 structure level, so I am now just waiting for either a break back above the zone or a retest of the next support at the $1675 level before I then do expect more upside potential.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereum Analysis: Potential EvolutionThe prevailing challenges faced by fiat currencies, particularly the US dollar due to the debt ceiling issue, have sparked interest in alternative digital assets like Ethereum. In this analysis, we will explore how Ethereum could potentially evolve in light of these circumstances and present a trading strategy with a buy zone of 1,059.26-565.49. The analysis suggests a first target of 6,461.8 and a final target of 10,403.34, reflecting the potential for substantial price appreciation.
Analysis:
1. Fiat Currency Challenges: The debt ceiling concerns and associated issues affecting fiat currencies have triggered a surge in demand for alternative digital assets. Ethereum, as a prominent decentralized blockchain platform, has gained significant attention as investors seek avenues to protect against potential fiat currency instability.
2. Buy Zone: The suggested buy zone for Ethereum lies between 1,059.26 and 565.49. This range indicates levels at which traders could consider entering long positions, capitalizing on the potential price appreciation driven by the challenges faced by fiat currencies.
3. First Target: Considering the evolving landscape for Ethereum, the analysis suggests a first target of 6,461.8. This level signifies a substantial upside potential and serves as an initial profit-taking area.
4. Final Target: The analysis further indicates a final target of 10,403.34, reflecting the potential for Ethereum to reach new highs. This target signifies the possibility of an extended price surge beyond previous records.
Amid the challenges surrounding fiat currencies, particularly the US dollar's debt ceiling issue, Ethereum has emerged as a compelling digital asset for investors seeking to hedge against potential currency instability. The suggested buy zone of 1,059.26-565.49 provides an opportunity for traders to enter long positions. The first target of 6,461.8 offers a potential profit-taking area, while the final target of 10,403.34 represents the possibility of Ethereum achieving new highs.
Disclaimer: This analysis is based on the assumption of ongoing challenges faced by fiat currencies, particularly the US dollar. The cryptocurrency market is highly volatile and subject to various factors beyond the scope of this analysis. Traders and investors should conduct their research, evaluate market conditions, and exercise caution when making financial decisions.
ETHEREUM brief correction to the downside ❌🧨Hello 🐋
the price has started the new trend to the downside before any other huge pump and this trend should be completed ❌🧨
if
the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction ❌🧨
if
breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨
brief amount of green candlesticks to the upside before any other movement is logical 📖💡
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
HEX / USDC UNISWAP 1HR CANDLEmoving sideways like the rest of the market, long term bullish, with the advent of PulseChain
launching i see Hex on pulse doing very well, on the new Eth based fork chain, faster speeds and cheaper fees/ P Hex is next on the watchlist, hodling my Eth hex for now and waiting. Ta on this is difficult at the minute with market uncertainty with regulations and gary gensler.
Ethereum 5 Year Macro Economics Outlook: Fractals and MoreWhen in Doubt, Zoom Out! Ethereum is measured exactly like their previous 2017 cycle. On the chart, you'll notice i highlighted the supports red, and the resistances green. Please comment on your perspective and share your insight, thank you!
ETH Update 2023-5-13Ethereum's downward trend is continuing and reaches a critical point at $1,720. If the downward trend continues more and the support line would be lost, this decrease can continue up to $1,355 and even lower. But if we see a change of direction at the point of $1720, the movement pattern can go towards an increase in price, in which case a new reanalysis will be needed.
note : This is a personal Idea
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Der Abwärtstrend von Ethereum setzt sich fort und erreicht bei 1.720 $ einen kritischen Punkt. Wenn sich der Abwärtstrend weiter fortsetzt und die Unterstützungslinie verloren geht, kann sich dieser Rückgang bis zu 1.355 US-Dollar und sogar darunter fortsetzen. Wenn wir jedoch eine Richtungsänderung bei 1.720 US-Dollar sehen, kann das Bewegungsmuster in Richtung eines Preisanstiegs gehen. In diesem Fall ist eine erneute Analyse erforderlich.
Hinweis: Dies ist eine persönliche Idee
Ethereum -> Wait For The Clean BreakHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum is once again retesting previous weekly structure exactly at the $1800 level which is now turned strong weekly support.
You can also see that the overall market structure and moving averages are still bullish, in my opinion the whole crypto market and especially Ethereum is ready for a bullrun, so I simply do expect more continuation towards the upside.
On the daily timeframe however you can see that daily market structure turned bearish with yesterday's break below support so I am now just waiting for a simple break back above the structure which is then turned support and then I do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
ETHEREUM short setup 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.
ETH will still explode again as of the bull marketThe Upper Pella upgrade enables ETH withdrawals for the first time.
The bears believe this will lead to continued selling pressure.
Bulls thought that the risk of not being able to withdraw was removed, leading to more deposits.
But what actually happened?
With withdrawals enabled, let's take a look at the breakdown of withdrawals to ETH. CEX leads the way in withdrawals, with ETH withdrawals accounting for 72.9%.
But that doesn't tell the whole story, because most of them are CEX withdrawing ETH back to itself.
What does this mean?
Most of the ETH sent to CEX is not primarily used for sales, but for the exchange's internal operations.
In particular, the amount of ETH withdrawn from krakenfx represents 35.9% of all 1.44 million ETH principal withdrawn so far!
One might think that Kraken users are bearish. However, withdrawals are due to the recent regulatory crackdown on exchange pledge services.
Most entities are currently holding the remaining pledged ETH balance.
LidoFinance remains to some extent the entity with the largest amount of ETH and accounts for almost a third of all ETH on the beacon chain.
Deposits have been flowing into the beacon chain since the upgrade of Upper Perla.
Liquidity pledge derivatives (LSD) topped the list, with Lido once again topping the list with almost 412,000 ETH.
Centralized exchanges are also doing their part. binance and coinbase are introducing over 315k ETH.
So who is right, the shorts or the longs?
Trust in ethereum continues to grow since the last Pella upgrade, and deposits continue to climb, reaching an all-time high in pledged ETH.
The bulls will win again.
ETH in a scary spot!The chart explains it self.
Momentum is king, that's why my indicator is so good at seeing what channels that are being respected or not!
Make sure to look at the volume weighted MA's when price breaks out or down! It's going to tell you if there is a continuation
Quick TPI update for ETH
ETH is still in the ranging-bearish territory... Stay safe!
Since the 19th of april, the long-term TPI for ETH has fallen approx 75%! This is a bearish sign!
Momentum Channel Indicator is linked below