ETH major descending triangle ETH / USDT
ETH is forming a giant descending triangle and right now Price is testing important key zone of 1300-1250$
What Next ?
1- if bears break 1200$ it’s likely to continue the dump to 1000$-800$ levels and there we have a chance for a double bottom
2- if bulls save current key level .. we will have another minor pump to test 1600$ (major trendline resistance) Before dumping again
Important Note : there is no real bull rally below the major trendline (violet color in my chart ) any thing below it is a bear’s territory
Ether
ETH USDT daily broke support and looking at $1262 support next?ETH daily chart...Of course the Merger happened
from "proof of work" to" proof of stake" and so
far so good and the blockchain is running great.
Im looking for Institutions to begin coming in
from now on out. I also see ETH flipping BTC in
the coming few years. So take a look at the candle
hitting the trendline and it broke down thru support.
If it cant move up to and close above$1405 mark,
the supports are listed. and looking to drop around
$1,262 area
The RSI is looking bullish as well... Unless a
blackswan event were to happen, i believe we have hit
the bottom back where I listed it. Personally
if ETH drops under $1k im backing up the truck
but i do belive we have bottomed out. but we
will see...Ill try and keep this chart updated.
XRPETH just hit the target of a micro inv h&s breakoutWe can see it has wicked slightly higher than the measured move breakout target. More importantly, in reaching the target of the mini inverse head and shoulders, it has taken price back above the neckline of a larger inverse head and shoulders pattern as well. I anticipate a retracement candle or few to retest the neckline of the larger inverse head and shoulders neckline as support if it can solidify that larger neckline as support we should see XRP continue to make considerable gains against ethereum in the coming weeks and possibly even months. Once we have confirmation that we are likely to validate the breakout of the larger inv h&s pattern I will post another chart that focuses on its measured move. *not financial advice*
ETHW (ETH PROOF OF WORK) 4 hr chart, UPDATE!ETHW (ETH PROOF OF WORK) 4 hr chart
just looking bat this chart, I see right away
Hidden Bullish Divergence...thats where the
RSI (RELATIVE STRENGTH INDEX) charts a
higher low and the price charts a lower low.
Bc its so new and not alot of Data, that what i
see right now quickly. Ill keep it updated.
I see its still holding $8.00 which is big support
this short into the new POW era, the RSI
cannot break down beneath the line i have
in the sand listed or its going lower.
ETH Ethereum heavy coin inflow into exchangesNext week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.
ETH/USDT short
Entry Range: $1400 - 1500
Take Profit 1: $1365
Take Profit 2: $1220
Take Profit 3: $1065
Stop Loss: $1715
ETH daily chart, yes it bounced bullish, check it outETH daily chart...Of course the Merger happened
from "proof of work" to" proof of stake" and so
far so good and the blockchain is running great.
Im looking for Institutions to begin coming in
from now on out. I also see ETH flipping BTC in
the coming few years. So take a look at the candle
hitting the trendline and looking for a bounce up.
If it breaks below $1405 mark, the supports are
listed. The RSI is looking bullish as well... Unless a
blackswan event were to happen, i believe we have hit
the bottom back where I listed it. Personally
if ETH drops under $1k im backing up the truck
but i do belive we have bottomed out. but we
will see...Ill try and keep this chart updated.
ETH daily coming down to a HUGE support area, LOOK!ETH daily chart...Of course the Merger happened
from "proof of work" to" proof of stake" and so
far so good and the blockchain is running great.
Im looking for Institutions to begin coming in
from now on out. I also see ETH flipping BTC in
the coming few years. So take a look at the candle
hitting the trendline and looking for a bounce up.
If it breaks below $1405 mark, the supports are
listed. The RSI is looking bullish as well... Unless a
blackswan event were to happen, i believe we have hit
the bottom back where I listed it. Personally
if ETH drops under $1k im backing up the truck
but i do belive we have bottomed out. but we
will see...Ill try and keep this chart updated.
ETCUSDT 12h The medium-term goal is $80 per ETCFirstly, we congratulate all Ethereum fans on the successful activation of The Merge and the transition from POW to POS
The last hours were very tense and accompanied by increased volatility
If the ETHUSDT price reacted with moderate growth
Then the ETCUSDT price look like is preparing for rapid growth.
In order to confirm the serious intentions of miners and ETC buyers, that they want drove its price very high, first the ETCUSD price must be fixed above $44
Well, then the way will be open for growth in $80 are a
Increased trading volumes in the ETCUSDT pair indicate that there is strength and enthusiasm for growth.
_______________________________
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 :)
ETHUSDT 4h ETH Merge countdown, where price will go ?Taking into account the information hype surrounding the Ethereum Merges transition from PoW to PoS in 16 hours it is difficult to predict where the ETHUSDT price will start to move after the transition.
It is predicted that the annual emission of ETH will amount to only 0.3%, and a significant decrease in the market supply affects the growth of the price according to the laws of economics.
On the other hand, we have the original, historically 1st created Ethereum Classic, to which miners are increasingly switching. Investors' attention may switch from ETH to ETC, because the hashrate has grown by more than 500% since the beginning of the year, and the ETCUSDT price has increased 3 times in just 3 months, and this is in the current sluggish market.
For us, two options are likely, which we have shown on the chart, we can only wait and watch.
And to make this time pass more productively, we are announcing a contest:
In the comments under the idea, share your graphs with an analysis of where the ETHUSDT price will go in the near future.
The contest will end in an hour before The Merge (we marked it on the chart)
In addition to gratitude and likes from Tradingview users, you will from us:
1st place - 300 coins
2nd place - 200 coins
3rd place - 100 coins
_______________________________
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 :)
Ethereum ETHUSD Ahead Of The MergeThe Ethereum Merge is expected to be completed in less than 48 hours. While the Merge will bring a supply reduction that could positively impact ETH’s price in the long term, it’s possible that the Merge could become a “sell the news” event that leads to a selloff after the fact.
However, the Ethereum price ETHUSD is showing some strength on the 30 mins chart after confirming am inverted head and shoulders with a minimum target of $1760 - $1770 resistance levels.
Does ETH want to go higher?Hi everyone,
As you see on the chart, Ethereum is still in the big downtrend channel and needs to break ~$2100 to confirm the new bullish move.
Everything is in the lineup for the merge event. It can be bullish until the merge and retest $2030 and even higher ~$2100 but for the new bullish move confirmation, it needs to break ~$2100 with a high volume. If it can't break the resistance, there will be a big crash towards the new local low.
Please hit the boost button if you agree and tell me what you think.
Thanks
Buy ETH if Ribbon Flips BullishThat the Ethereum merge is bullish for ETH is generally accepted by now.
From TA perspective, I would go long if the EMA ribbon flips bullish. We recently had a sell signal that didn't work. A failed bearish signal on the EMA ribbon momentum indicator at the depth of the bear market is a strong buy signal.
Traders tolerant to risk can go long now with target of $2K-$2.2K and stops under $1,478. Risk averse traders can wait for EMA to flip bullish.
Ethereum approaching resistance?Ethereum
Intraday
We look to Sell at 1709 (stop at 1744)
Daily signals are bearish. Bespoke resistance is located at 1700. We look for a temporary move higher. Preferred trade is to sell into rallies. 1718 has been pivotal.
Our profit targets will be 1622 and 1592
Resistance: 1650 / 1700 / 1750
Support: 1600 / 1550 / 1500
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Ethereum Analyze (Short term/Timeframe 15min)!!!⏰Ethereum broke the Trend line and now it seems that it was able to complete pullback.
I expect that Ethereum can go up around 3.7%(maybe more) from the Trend line to the Important Resistance line.
Ethereum Analyze ( ETHUSDT ) Timeframe 15min⏰(Log Scale)
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