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Etherum

$ETH - "SHORT" SETUP in PERSPECTIVE#CRYPTOASSETS #STRATEGY CRYPTOCAP:ETH THE RANGE 1938$ - 2047$ We might playing inside what we passed without interest. But there is indeed ! 1925$ MIght be a perfect preliminary. 1908-1900 is called on the HEATMAP IS the UpTREND done ? Maybe ! Price Action has left 2060$ and DISTRIBUTION MIGHT BE OVER. THE VALIDATION should be with a LPSY @2115$ (MY SHORT) STOP 2146$ > TARGET 1490$ (1600$ AT LEAST) BREAKING 2146$ : 2 Otions 1. UTAD, THEN We reintegrate > STOP SHORT below 2060$ 2. JAC (+50$ at LEAST) > I will be LONG and my first TARGET will be 2360$ Source : www.tradinglite.com
by BlackSquareFinance
Represents A Significant Price LevelEthereum (ETH) price is struggling to consolidate above $1,700. This Monday, February 20, is the fifth consecutive day that Etherum has passed that level, but in the previous days it has not been able to close above said price. As of this writing, ETH is trading at just $1,708, on TradingView records . The highest level in recent days was recorded on February 16, when it reached $1,742 per unit . However, on that occasion the daily candle closed in the red, below $1,640 . The same has happened on the other days, with ETH being unable to stay above the $1,700 barrier at the end of the day. At the moment, he is achieving it this Monday. That price mark is an important barrier, taking into account that that level was lost 5 months ago. On September 13, its price fell from there to not return, until a few days ago. As it was reported by the end of January ETH had managed to consolidate a new price level above $1,500 . In addition, various bullish signs already supported the rise of the cryptocurrency from that moment. So far this year, the entire cryptocurrency market has been bullish and very promising. In addition to ETH, bitcoin has risen almost 50% this 2023 and went to its best price in 6 months. In addition, there are already at least 30 cryptocurrencies in the top 100 that have doubled in price today. A list that was barely 17 coins a few days ago. In that list there are even some outstanding trends, such as the case of cryptocurrencies related to artificial intelligence or Stacks case and its relationship with the NFT Ordinals in Bitcoin.
BITSTAMP:ETHUSD
by rubikkav
RLinda ! BTCUSD-> Consolidation. What to expect from the price? Bitcoin has been forming a 46% rise since its second (supposed) bottom, which is quite surprising. As Sentiment noted in one of its reports - shortly before the rally, on January 5, there were 2 identical, largest deals in a month on the BTC network. Again it's worth asking - was that the scenario? (The cycle is starting to repeat itself again.) It is worth to pay attention to an interesting situation: when distributive movement is formed, the price breaks through the resistance of descending channel and consolidation is formed. Statistically, I can single out such a set-up as a possible false-break. While the price is above this line, the buyers are actively gaining positions, but it is possible that in the near future the market maker may weaken the price a little (trap) to entice liquidity. In our case, if the price consolidates below 22488, it could go to the strong support from June 24, 2022 - 21558 The flagship has now entered a strong range - support 21558 - resistance 25211. The price is consolidating above the support zone and if you look from a trivial behavioral point of view, the price could head towards 25211 in the near future, but in that case the bulls need to hold the levels of 22488 and 21558. At the same time WhaleMap is paying attention to the levels of the traded volumes in Bitcoin and notes that the next significant resistance level (according to the traded zones) is the resistance of 27000, and till that time the price will be in the void zone of the chart, in fact, there will be no obstacle before reaching the mentioned resistance Strong levels and zones. On the support side, bitcoin has the following strong support zones, 22488, 21558 and a local low of 20400. An important nuance, if the price starts to form a pullback, so that bitcoin does not fall deeper than these levels, in that case the potential for a fall to 18400 will open Resistance The nearest strong resistance is the upper consolidation boundary at 23370. If the bitcoin breaks this level, the price can go up to 25000 Strong liquidity zone is hidden behind 23800 and 31300 Fundamental nuances: -CryptoQuant: another long-term bullish signal is triggered - The cycle repeats about every 3-3.5 years - Stripe is actively working on crypto payments - Glazznode: the NUPL at these levels shows that the capitulation in bitcoin may be exhausted, it means that everyone who wanted and could has mostly sold out -CoinMetrics: BTC in this cycle between halvinagmies will depart significantly from the average dynamic in past cycles - Bitcoin is behaving stronger than the SP500 index Regards to R. Linda!
by RLinda
30
ETH has been trending higher the past few days (MERGE Effect? )ETH is now trading near 1650$ . It is moving inside a rising channel on 4H time frame. Now there are two scenarios: 1- ETH breaks down the channel then that is short term Bearish signal for ETH and it can test 1476$ - 1400$ level. 2- ETH holds the lower support zone of the channel then it can again go for upper resistance line of the channel and potentially break it. Pick the direction according to the side of breakout. On the daily time frame we can see that ETH is trading in an accumualtion "livermore" cylinder with targets are 2500$ and 3300$ . Invalidation of the pattern is below 1400$ . At the moment it looks like compression is coming to an end and breakout will happen 👀 Current Resistance area between: > 1680 > 1700 > 1790 Personal POV: Looking for a test of the 1700$ area, hoping for a breakout toward 1800$ as continuation🤞
by tradenader
Etherum 2.0 is COMING... More DetailsHello friends So finally we will ee ETH 2.0 as soon as posibble. I want to explain more details about MERGE upgrade and launch day. then have a look at some NEWS about ETH 2.0. lets see again whats Etherum 2.0 and MERGE upgrade? Ethereum will move from a proof-of-work consensus mechanism to a proof-of-stake blockchain known as MERGE Right now Ethereum uses the same consensus mechanism as Bitcoin known as proof of work. This requires miners to validate transactions and keep the network secure. It is slow, costly, and uses large amounts of energy by design. Proof of stake is different because it gets rid of miners altogether and uses validators (people who “stake”—or lock-up—Ethereum to keep the network secure and running). After the upgrade the only way to create new ETH will be to stake pre-existing ETH on the network which analysts expect could have a deflationary impact on the cryptocurrency. Moving to proof of stake will then make Ethereum “99% more energy efficient. Ethereum Merge expected between 10 and 20 September. Now lets check some HOT news about this happening: 22 August 2022: CME Group to launch Ethereum options prior to ETH 2.0 Merge 17 August 2022: Coinbase pausing ETH deposits during Merge is ‘not significant’ 12 August 2022: Ethereum Merge to take place 15/16 September after Goerli success I hope this upgrade be successful and after that Vitalik can go ahead SHARDING mechanism... More incredible things will be happpen... just BE patient... Share me your opinion about this article. are you like this type of atticles??? so let me know.. thanks
CRYPTOCAP:ETHEducation
by TraderAmin-KZ
4
Can Confirm: Ethereum is Breakout Out (Ichimoku)The momentum (Chikou/purple line) has cleared the Daily Ichimoku cloud on Ethereum following price closing above the cloud. This is the first time COINBASE:ETHUSD has becoming bullish since May 2022. The last Daily breakout hit resistance at 3500 in March. It is important that the breakout clears the current Resistance of 2230 in order for this bullish leg to continue and not be a bear market rally. Longs need to be aware of this level if choosing to participate in this run. The next Resistance is at 2870.
BITFINEX:ETHUSD
by norok
4