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Ethereum (Cryptocurrency)

Btc projections-NOT FINANCIAL ADVICE- also this is my first time posting so the draft might be a bit amateur. let's start- The current trend should continue for the next 7-10 days barring a major Sell-off, hence we should testing the 58k fib level within August. There could be some sideways action at that level. Then 2 things could happen:- Bullish projection- All time high around 80k to 100k would be reached by year end with around 65% correction following. Bearish projection- BTC reaches 56k in august then falls sharply and tests the 200 week moving average/ around 20k. This is all pure speculation and my personal analysis, this should not be taken as financial advice.
BITSTAMP:BTCUSD
by gurazeezsachdeva
ETH-USDOnly 2 days are left for Ethereum's Hard Fork, this upgrade will be very critical for the Ethereum based dApps. Ethereum London Hard Fork popularly known as EIP-1559 Upgrade is scheduled to go live on August 6th. The upgrade is expected to reduce the gas fees being charged on transactions by implementing a base fee pricing mechanism that would dynamically change with respect to the congestion in the blocks of the Ethereum blockchain. On the Daily TF, ETH was trading in a Bullish Descending Triangle pattern and on 29th July, it gave a strong breakout from its resistance after forming a Double bottom kind of formation. Currently, it is sustaining above all its major and minor DEMA's. Also, the short term trend is turning bullish as its 50 and 100-DEMA is giving a bullish crossover. Daily RSI is not indicating overbought conditions yet which suggest that the current rally can continue in the coming days also. On-Chain data is also showing a positive structure, as per the Santiment(On-chain data insights provider), unique active addresses on the Ethereum network has surpassed BTC address activity. Key levels to watch out for: The nearest support is present at $2400 followed by $2250 as its 50 and 100-DEMA is also present at this level. If it closes below this level, selling pressure is most likely to continue till the level of $2K The immediate resistance is present at $2650, if it decisively breaks this level, the next major resistance is $2850 followed by $3100.
BITSTAMP:ETHUSDLong
by TradeDog-Research
Good News For Ethereum- Resistance Breakout & RSI DivergenceFollowing Chart is of ETHUSD which Clearly shows the breakout of the price from the Resistance Level. Wedge/ Trend line breakout could also be seen. Also we can see RSI Divergence, in this case, the price is making lower top lower bottom whereas the RSI is making Higher top Higher Bottom. This means that finally the bad days for Crypto are over and we are heading towards a strong uptrend, technically. Do follow for more trading setups like these Thanks, if you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
BITSTAMP:ETHUSDLong
by Gajanan_Y
ETH weekly chart looking too bullish, could be it started Wave3!#ETH (weekly update) Trading suggestion: ". There is a possibility of ABC correction retracement done ready for Major Wave3 on the board." ". if it will break 21 WMA then ETH could start its new really from here." Technical analysis: . ETHUSDT is try to break 21 WMA, and the beginning of an uptrend is expected. . The price is touched the 21-Weekly MA, which acts as a dynamic resistance. . The RSI is at 53 and bounce from it support line which shows bull is upper hand right now. Take Profits: TP1= @ 2666 TP2= @ 3290 TP3= @ 4350 TP4= @ 5665 TP5= @ 8711 SL= below 1700 usdt on daily closed bases 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #bitcoin #crypto #nextmove #bullmarket #sideways #ethusdt #weeklyclosed
Long
by Bitking786
💡Don't miss the great buy opportunity in ETHUSD @ethereumMidterm forecast: While the price is above the support 1705.700, resumption of uptrend is expected. We make sure when the resistance at 2910.700 breaks. If the support at 1705.700 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: A trough is formed in daily chart at 1719.100 on 07/20/2021, so more gains to resistance(s) 2035.000, 2178.000, 2346.350 and maximum to Major Resistance (2910.700) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 48. Take Profits: TP1= @2178.000 TP2= @2346.350 TP3= @2544.450 TP4= @2910.700 TP5= @3500.000 TP6= @4000.000 TP7= @4367.500 TP8= FREE ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITSTAMP:ETHUSDLong
by ForecastCity_ME
5