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Ethereum (Cryptocurrency)

Is MATIC (in 2021-22) following ETH's path (2017-2018) ?It's fascinating to see how MATIC's weekly chart has remarkable similarities to ETH's 2017-18 run. If it continues following the same pattern, what comes next should be a 'blow off top' run to the peak of the cycle. Taking some cues from ETH, it looks like Matic broke out the consolidation range, retested it and is bouncing off nicely. As long as BTC doesn't nuke and the breakout and retest of prior resistance holds, Matic bulls look like they're back in the driving seat. If you like the analysis, please give us a like, share, comment and follow so that we keep more good content with the crypto community. Cheerz and happy trading! :-)
MLong
by CryptoGaga01
2
ETH RSI DIVERGENCEThe trend line of eth in weekly time frame is tested. Same is tested in rsi. But where as candlestick showed upside trend , rsi is showing downward trend makin 1st top (@ 80) when eth reached ath in April last year, and 2nd top (@68) in nov when it reached it ath. Showing this can be a RSI divergence for bearish run from now on. Other affecting news are regulations tightening in many countries and good news can be that many institutional investors has bought up btc in range of 40k - 45k therefore it is likely to be strong support
BITSTAMP:ETHUSDShort
by stellarmastermind
Ethereum (ETHUSDT) | good area to climb📍Hello traders, Ethereum in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. Based on the number of waves we had, the main waves 1 and 2 are certainly over, and in the case of wave 3, I must say that it is complete in our opinion. Let's look at wave 4: We see wave 4 starting, because wave 3 is in a good position compared to wave 1, and also the price has broken the orange trend line downwards, giving us confirmation for the start of wave 4. Structurally, wave 4 will not have much depth compared to wave 2, and in terms of time it is too long or too short. For this reason, we consider the correction of a triangle and from this correction a wave is being formed. From wave a, we assume that the microwaves a and b are completed and we are now inside wave c, and when the range 3750 is broken down, we will be sure of the beginning of this wave, and we will consider its target as the motion of wave a. This move took place and the descent formed and now we are waiting for the ascent for wave b. But if the Fibonacci 0.38 is broken downwards, the movement will continue until the Fibonacci 0.50, which is abnormal in our opinion. So we give the probability of climbing from this discomfort to around 3900. Our view is that if the warning range (4500) is broken, the field is analyzed and these waves are part of the 3 main wave. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad