As mentioned in the video I haven't really posted much about Ethereum because I have been thinking long and hard about the pattern. It is all starting to make a bit more sense now given that we are in this bear market. As the waves evolve I start to see things in a different light because every wave provides a clue about the future. This is the first true deep...
I believe ethereum is in a big head and shoulders pattern right now. We already made the left shoulder and head. I think we are going down to the neckline right now and will make the right shoulder during february/march. Aiming for a 2600/2700$ ethereum bottom end of january. Hoping for bullish divergences first week of february to bring us up to 3600/3800. Mid...
In this video: Ethereum sits on major support This could propel us in a big way upwards starting tomorrow Be prepared for Ethereum to move up soon followed by the rest of the ALTS
Ethereum continues to respond well to a strategy setup I have been seeing so far in 2021. I use my Beacon Indicator which is a combination of Bollinger Bands, Fibonacci Retracements to get support and resistance levels. With this recent selloff in Ethereum we hit my neutral area at 3147 and held. In this video I explain why this area is of great importance to...
Hello my dear Ethereum fans & traders! ;) Ethereum is just before breaking the equilibrium (which is a descending triangle), the direction of which will highly depend on grandpa Bitcoin. We've been clearly much weaker compared to BTC, as we can see in the direct correlation. Have fun watching! ;) If you had some value from my analysis, make sure to like &...
In a recent rally, Ethereum demonstrated significant momentum. In our video analysis, we delve into potential long positions, contingent upon price meeting our entry criteria. Observing the 4-hour chart, we note a prior bearish trend that has now been disrupted by a bullish break in market structure. My bias leans toward a long position, but it remains subject to...
The Ethereum ETF news came and went this week. It has set up a DOUBLE Spike. As a trader you can often see where traders probably have their stops set. Breaking one of these could trigger a cascade of stops in that direction. This video lays out what to look for in this unique price action situation where INDEX:ETHUSD currently sits!
I mentioned in the previous video that we might see a drop in the price of Ethereum as the ETH/BTC pair breaks lower due to liquidity being drawn to Bitcoin. We have observed a relief rally towards the 20 EMA, following the breakdown of the ETH/BTC pair, while still respecting the 20 EMA. Based on the previous cycle in 2019, we saw something similar as ETH/BTC...
Ethereum is on its journey of creating many higher highs along with bullish reversal candlesticks to initiate the move. The Daily has retraced to a key level on the daily chart. This is our first signal to go long. A morning star on top of structure and support. The 4H chart will inform us on whether price is still retracing bearish or if its time to get in long NOW.
Here's an update on ETC Ethereum classic. Trying to give you these updates ASAP so that they can be used in real time. I try and break down the levels to watch for and trade with. Give you the low time frame and higher time frame outlooks. I know that day trading and making hourly moves and or trying to is becoming more common amongst retail. So I'm trying to...
I still say we are on track to hit $1400-$1600 ranges for a liquidity grab as well as to resolve a short-term oversold metric. However, unless we get a major change in narratives and or global economics, we are STILL in a Bear Market and a down trend. I'm still expecting more downside going into the end of the year/next year as they finally get the U.S. absorbed...
Looks like we might be able to hold the line in the markets at this last weeks test of the lows, i.e. about 3700 on the spx and in that $19.5k range of the Bitcoin. Ethereum looks to be holding the range at $1325. We wont really have direction until the markets fully open and we see what the big boys and major algorithm trading bots do with the bigger cash flows....
Hey all, Cryptocurrencies are trading lower, as USD gets strong across the board and stocks turn down. There is room for more weakness in the near term, but the Ethereum can still be interesting for a bounce if the 68.1% and 78.6% Fib will hold. For more details, check the video.
Welcome back to another video, today's video is about analysing ETHEREUM (ETH) using the monthly, weekly and daily timeframe to understand and see price movements for possible next direction (either downwards or upwards trend).
Just another update on what is happening with Ethereum since yesterday. We did not see any follow through to the upside and instead we have seen a breakdown out of a rising channel. I think it is wise to mention that the main trend is to the downside so trading bear market rallies can be risky. At this stage if price continues lower and cannot break back into...
Crypto markets have rallied nicely in recent weeks. We look at Ethereum here and hope for a nice retracement to get long around he $3200 level. Austine Dall easyMarkets Crypto Analyst Sydney gives the review. easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with...
Ethereum appears to be in wave D of a triangle and the current price movement is expected to culminate in the 4100 to 4300 range.
Yesterday we saw the price of ethereum come into our last point of supply and I was a bit unsure whether to hold the trade after taking it, coming into mid day today I saw a clear bearish Lower timeframe confirmation on the 5 mins and 1 min giving the indication that market will likely sell of from that zone and as you can see the trade is still valid and the zone...