Ethereum - CRYPTOCAP:ETH Bitcoin has been stealing the stage but is quietly confident making firm support in the background Eth has bounced from a long term diagonal support line and currently challenges the 200 week MA Hopefully we can turn the 200 MA into support PUKA
1h time frame - Ethereum creating a bullish flag This trading plan is based on the third retest on lower downtrend. Entry around 1760~1753 Target 1866 SL 1744
Hi everyone! If we look at the weekly chart, from a technical point of view, Ethereum has already reached the first important Bullish Target around 3,450 area (long term), and from here a corrective structure has started. The analysis we are showing is on a logarithmic scale so the price projections look really important, having said that, the price action has...
Ethereum - Expiry tomorrow 8am uk time - We look to Buy at 1266 (stop at 1239) Support is located at 1260 and should stem dips to this area. We look to buy dips. We look for a temporary move lower. Our profit targets will be 1336 and 1366 Resistance: 1340 / 1380 / 1400 Support: 1280 / 1260 / 1220 Disclaimer – Saxo Bank Group. Please be reminded – you...
Like in the case of Bitcoin, we are also bearish on Ethereum. We will pay close attention to it today as the FED is set to increase interest rates and worsen economic conditions. We expect such action to drag the stock market and cryptocurrencies lower over time. Though we do not rule out an initial bounce up in the price of ETHUSD after the FED decision; however,...
Ethereum Intraday We look to Sell at 1608 (stop at 1631) Our short term bias remains negative. Selling continued from the 61.8% pullback level of 1607.04. There is scope for mild buying at the open but gains should be limited. We look for a temporary move higher. Preferred trade is to sell into rallies. Bearish divergence is expected to cap gains. Our...
Hello, everyone! I ususally make an articles only about the Bitcoin because it’s the cryptomarket’s father. But today I decided to review altcoins because they can demonstrate more significant gains. Today I am going to talk about Ethereum. ETH demonstrated strength against BTC and most of treders now are interested in it. Ethereum is copying the Bitcoin’s waves...
Ethereum Intraday We look to Sell a break of 1519 (stop at 1561) Our short term bias remains negative. A break of the recent low at 1520 should result in a further move lower. 1527 has been pivotal. We look for losses to be extended today. Our profit targets will be 1421 and 1391 Resistance: 1600 / 1650 / 1700 Support: 1520 / 1440 / 1400 Disclaimer –...
Throughout July and August, we warned that the bounce in the cryptocurrency market, which many rushed to call a trend reversal, was a bear market rally doomed to fail. Then, on 16th August 2022, we gave an ultimate warning to investors as we speculated the top was in for the rally, and a 50% decline was looming. Since then, the price of Ethereum has fallen an...
Ethereum Intraday We look to Buy at 1644 (stop at 1603) The sequence for trading is higher highs and lows. Previous support located at 1650. There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 1715. Preferred trade is to buy on dips. Our profit targets will be 1746 and 1789 Resistance: 1700...
Ethereum Intraday We look to Buy a break of 1655 (stop at 1609) Daily signals are mildly bullish. A break of the recent high at 1650 should result in a further move higher. We are trading at oversold extremes. A higher correction is expected. Our profit targets will be 1777 and 1807 Resistance: 1650 / 1700 / 1750 Support: 1600 / 1550 / 1500 Disclaimer...
Ethereum Intraday We look to Sell a break of 1847 (stop at 1896) 2026 has been pivotal. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Short term MACD is moving lower. A break of the recent low at 1848 should result in a further move lower. 50 4hour EMA is at 1872. Short term momentum is bearish. 20...
Ethereum Intraday We look to Buy at 1571 (stop at 1524) We look to buy dips. The previous swing low is located at 1560. Bespoke support is located at 1550. Daily signals are mildly bullish. Our profit targets will be 1688 and 1728 Resistance: 1700 / 1750 / 1780 Support: 1600 / 1550 / 1500 Disclaimer – Saxo Bank Group. Please be reminded – you alone...
Ethereum Intraday We look to Sell a break of 1599 (stop at 1651) Daily signals are mildly bearish. A break of bespoke support at 1600, and the move lower is already underway. A higher correction is expected. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted...
Ethereum Intraday We look to Sell a break of 1349 (stop at 1401) A break of yesterdays low would confirm bearish momentum. With our medium term bias looking to fade gains and the short term bias indicating buying interest we are faced with mixed signals. Daily signals are bearish. Expect trading to remain mixed and volatile. Our profit targets will be...
Potential long trade for Ethereum has alerted. Trading the 30M chart. I have set my stop loss at the last low and will follow this trade to the next alert. Green POW emblem shows the candle entered upon. This is a trend following trade. For extra confluence there is a area of resistance that if broken would add to validating the trade. Last sell trade...
Ethereum Intraday We look to Sell at 1239 (stop at 1291) Daily signals are bearish. 1281 has been pivotal. Bespoke resistance is located at 1250. Preferred trade is to sell into rallies. Our profit targets will be 1111 and 1071 Resistance: 1150 / 1200 / 1250 Support: 1100 / 1050 / 1000 Disclaimer – Saxo Bank Group. Please be reminded – you alone are...
Today, Ethereum reached our price target of 1000 USD. We continue to be bearish on ETHUSD. As a result, we would like to set a new price target for ETHUSD at 900 USD and 800 USD. Illustration 1.01 The above is the link to our previous idea on Ethereum. It contains more details about fundamental factors that cause us to remain bearish on the cryptocurrency...