Get started

Search in ideas for "Ethereum"

Ethereum (ETHUSD) Has Scope to Correct Further from Elliott WaveEthereum (ETHUSD) ended cycle from 3.10.2023 low with wave 1 at 2140.9 as the 1-hour chart below shows. The crypto-currency is now correcting cycle from 3.10.2023 low in wave 2. Internal subdivision of the pullback is unfolding as a zigzag Elliott Wave structure. Down from wave 1, wave (i) ended at 2053.1 and wave (ii) rally ended at 2123.6 The crypto extended lower in wave (iii) towards 1826 and wave (iv) ended at 1889.1. Final leg wave (v) lower ended at 1802.6 which completed wave ((a)). Ethereum then corrected in wave ((b)) towards 1963.2 with internal subdivision as another zigzag in lesser degree. Up from wave ((a)), wave (a) ended at 1863.9 and pullback in wave (b) ended at 1859.7. Rally in wave (c) higher ended at 1963.2 which completed wave ((b)). The crypto has turned lower and broken below wave ((a)) at 1802.6. This confirms that the next leg lower wave ((c)) has started. Down from wave ((b)), wave (i) ended at 1787 and rally in wave (ii) ended at 1940. The crypto extends lower again in wave (iii). Down from wave (ii), wave i ended at 1806.1 and rally in wave ii ended at 1882.1. Near term, as far as pivot at 2140.9 high stays intact, expect rally to fail in 3, 7, 11 swing for further downside.
BITSTAMP:ETHUSD
by Elliottwave-Forecast
Ethereum to continue in a rally?Ethereum - Intraday - We look to Buy a break of 1964 (stop at 1914) Our bespoke resistance of 1880 has been clearly broken. Short term momentum is bullish. Short term MACD has turned positive. A break of the recent high at 1963 should result in a further move higher. We look for gains to be extended today. Our profit targets will be 2084 and 2104 Resistance: 1920 / 1940 / 1980 Support: 1880 / 1850 / 1830 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:ETHUSDLong
by VantageMarkets
Ethereum's Enigmatic Dance: Charting the Crypto RhythmsEthereum has experienced a significant increase in the past 24 hours, with a 7.33% rise, adding 132.92 USDT to its value. Its current price stands at 1946, and market participants are closely watching to see if it will reach the 2000 mark. On the 1-hour timeframe, the RSI is positioned at 75, which may indicate an overbought situation. However, it is important to consider other indicators before drawing conclusions about the market's direction. The Fibonacci retracement levels on the 1-hour chart are as follows: the 0 level is at 1884, the 0.5 level is at 1843, and the 1 level is at 1801. These levels can provide insight into potential support and resistance zones. The Bollinger Bands for the 1-hour timeframe are situated with the upper band at 1959, the middle band at 1890, and the lower band at 1821. Ethereum's current price is near the upper band, suggesting that the market is closely watching for potential price movements. The Volume Oscillator is at -10.7%, and the On-Balance Volume (OBV) is at -165K, indicating that trading volume is not particularly strong. The MACD is at 27.36, the Stochastic oscillators are at 83, and the EMA 50 is at 1871. These indicators provide mixed signals in terms of market sentiment. For support and resistance levels, the 1884 and 1843 levels, which correspond to the Fibonacci retracement levels, should be considered as key support zones. In terms of resistance, the upper Bollinger band at 1959 and the 24-hour high at 1964 are important levels to watch. In a bullish scenario, Ethereum could surpass the 1964 resistance level, reaching the 2000 mark and potentially setting new highs. In contrast, a bearish scenario would involve increased selling pressure, leading to a retracement back to support levels at 1884 or 1843, and potentially even to the 1-hour timeframe 1 Fibonacci level at 1801.
by MonoCoinSignal
5
ETHEREUM -25/4/2023-• Ethereum is suffering from the overall crypto market correction • After hitting the upper trend line of the broad ascending channel, price reversed and broke through the middle line as well indicating increasing selling pressure • Price found some support at the lower bound of the channel • Bulls will try to keep the price from breaking the channel even if they are not yet able to break through the middle line again • Bears will gather their strength at a higher price and will try to break the channel • There is no significant support below current level until 1380, which is the bears main target • If bulls manage to defend the channel support and the market gains some momentum, they will aim to re-test the upper bound of the channel and make a new yearly high • A break of the channel exposes 1380 and gives the bears the upper hand, weakening the bullish trend significantly
COINBASE:ETHUSD
by RamziAbouAbdallah-CMT
Ethereum Head & Shoulder Pattern So Bearish Chart ?Ethereum Chart Analysis:- Ethereum (ETH) is currently trading at TSE:1841 and looks bearish in the high timeframe (8H). There is a potential formation of a head and shoulders pattern that may suggest a price target of HKEX:1500 in the coming weeks. Investors should keep an eye on the HKEX:1830 level, which could potentially act as a support level before a further drop. Key support and resistance levels are at HKEX:1830 , TSE:1570 , and HKEX:1920 , and investors should monitor them for potential buying or selling opportunities. It is important to conduct your own research and analysis before making any investment decisions. Always try to learn as much as possible and never trust blindly to anyone. This article is for informational purposes only and is not financial advice. Follow us for more Quality Charts. Thank you.
COINBASE:ETHUSDShort
by CryptoPatel
1
Ethereum to break from a flag?Ethereum - 24h expiry - We look to Buy a break of 2151 (stop at 2096) There is no clear indication that the upward move is coming to an end. Our short term bias remains positive. A break of the recent high at 2146 should result in a further move higher. We look for gains to be extended today. Our outlook is bullish. Our profit targets will be 2281 and 2301 Resistance: 2100 / 2146 / 2150 Support: 2080 / 2043 / 2000 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:ETHUSDLong
by VantageMarkets
Ethereum Surges Above Key Resistance Level: Bulls in Control?Ethereum (ETH) has recently seen a decent increase in price, breaking above the $1,750 resistance level and continuing to rally higher. The bulls successfully broke through the $1,860 resistance level, which has now become a support level for the altcoin. ETH has set a new multi-month high of $1,944, but some warning signals are being demonstrated by the RSI. However, the price is still clearing the $1,800 resistance level on the daily chart. The overhead price ceiling for ETH is currently set at $1,930, but the ultimate goal for the bulls is to break the $2,000 mark. Nevertheless, analysts are warning that there may be heightened selling pressure within the next few weeks due to the over 1.1 million ETH being awarded to validators and available for immediate withdrawal after the Shanghai Upgrade (April 12). Overall, ETH is currently in a bullish trend and traders should keep an eye on the support and resistance levels mentioned above, as well as any potential news or updates regarding the Shanghai Upgrade. Happy trading!
by cyatophilum
1
Ethereum, Bulls Push Forward as Resistance Looms Ahead!Ethereum is currently trading at $1868, with a 24-hour increase of 3.18%. The RSI indicator stands at 72, indicating that the asset is approaching overbought conditions. The volume oscillator is showing an increase of 21.82%, which is a positive sign that buyers are entering the market. The MACD is +12.80, which is above the signal line, indicating a bullish trend. The stochastic oscillator is at 94, which is close to the overbought range. The OBV is at 4.005M, indicating that buying pressure is stronger than selling pressure. The hourly EMA 50 is currently at 1811, which is acting as a short-term support level. When we look at the Fibonacci levels, we see that the current price is above the 1-hour timeframe 0.5 Fibonacci level at 1804, and the 1 Fibonacci level at 1840. The next resistance levels are the 1.618 Fibonacci level at 1884 and the upper Bollinger band at 1858. The support levels can be identified using the lower Bollinger band at 1774 and the 1-hour timeframe 0 Fibonacci level at 1768. Bullish scenario: If Ethereum breaks above the upper Bollinger band at 1858 and continues to trade above the 1 Fibonacci level at 1840, it may push towards the 1.618 Fibonacci level at 1884. If it breaks above the 1.618 Fibonacci level, the next resistance level is the 24h high at 1875. Bearish scenario: If Ethereum fails to break above the upper Bollinger band at 1858, it may find support at the 1 Fibonacci level at 1840. If it breaks below this level, the next support level is the hourly EMA 50 at 1811. If it continues to trade below the EMA 50, it may move towards the lower Bollinger band at 1774 and the 1-hour timeframe 0 Fibonacci level at 1768.
by MonoCoinSignal
9
Ethereum Ready for $500 in Coming Months..? Exclusive TA#ETHUSDT Exclusive Technical Analysis Chart:- I have conducted a technical analysis of Ethereum (ETH) and found that it is currently trading at $1462, which is a significant 81% drop from its all-time high. However, the chart indicates that it was recover and hit $2030, which is a 127% increase from its recent low. Currently, a bearish pennant formation can be seen in the high timeframe (HTF) chart, and ETH is trading near the pennant resistance level of $1750. The pennant support level is at $1180. If ETH breaks down below the pennant support level of $1180, it may free fall towards $500. This is my personal opinion and not financial advice. I strongly recommend conducting your own research before investing. Based on the fractals of the previous bull market, the 1, 2, and 3 counts are almost complete, and we are waiting for count 4, which is expected to be around $500. The last count, count 5, is expected to be around $12000, and this will be my exit point. There are strong support levels at $1180 and $500, Resistance levels at $1750, $2500, $4800, and a new all-time high (ATH). It is important to keep an eye on the pennant resistance level of $1750. If the candle closes above this level, we may move toward a bullish scenario. However, personally, I am bearish below count 3. I have spent a lot of time conducting this chart analysis, and I would appreciate it if you could share your views and like it if you find my analysis useful. Must Follow Us for more Quality Content. Thank you.
Short
by CryptoPatel
3