Search in ideas for "ETH"
Eth-usdtTakin a look on this chart only because all the altcoin market depends on this only. ON seeing the char we can see there is a similarity in this drop and the September drop.
If eth will be able to break and hold above the 4150$ level, we can expect a good upside to minimum 6200$ before a big drop like this.
(before happening its in the charts)
Just hold your gems
(like if you the idea and follow for more)
ETH Short Term AnalysisEthereum Has broken out of short term consolidation and it seems to bullish for the shorter time frame.
So it may Rally Further or Retest the trendline to rally.
If it breaks the current support trendline, it will find support near the trendline below it. If Traders have higher risk appetite, they can extend stoploss to take supports from trendlines below.
Bullish in ETHETH had brokeout from the trendline recently and it is bouncing back from the trendline after retesting it, so i see this as a perfect opportunity to long ETH. As it had corrected for more than 5 months i guess there will be decent upside move in it in coming months. It is advised to add some more qty if it breaks the ATH.
ETH bounced beautifulEthereum against BTC got a beautiful bounce of the support of the rising wedge. Since we're still inside the wedge I'm still incredibly bullish on Ethereum (even more then on Bitcoin). We just flipped the resistance of 0.071139 into support.
The next level that I'm watching is the red line at 0.731. I think we're going to see some action of ETH very soon.
Let's freaking go!
ETH; Being the devil's advocate.This is not a prediction, I am not planning on shorting it (unless it starts to become dead obvious)
This is something that has non zero chance of happening so definitely something to be aware of/prepare for.
Dont get caught without a chair if the music suddenly stops :)
Good Luck!
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.