Get started

Search in ideas for "ETH"

Is ETH the New Crypto King? - Bitcoin's Market Dominance DipsBitcoin's market dominance which reached its peak at 54.3% before dipping to 52.7%, suggests that traders are embracing additional risk by exploring Ethereum (ETH) and other altcoins. Furthermore, trading volume has diversified, with Bitcoin trading at up to three times the volume of ETH in mid-October, but that ratio has now reduced to just double the volume. Additionally, the perpetual futures funding rate for both Bitcoin and Ethereum is trading at elevated levels, indicating growing interest in undervalued altcoins. The breakout above the 1,740 level is a strong signal, providing a trading opportunity for those looking to take a long position in ETH.
CRYPTOCAP:BTC.DLong
by Delta-Ex-research
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
HUGE OPPORTUNITY on ETH/USDTReasons why I'm bullish: - All of the daily Moving Averages are pointing up, meaning that the prince is tending to go up. - ETH went up for 13 consecutive days, we need a retracement to keep going up. - The daily RSI showed that ETH was overbought for the first time after 13 days (Good sign for a retracement). - We have a nice and clean Double Bottom on the daily chart. - The (0.382) Fibonacci Retracement is extremely close to our zone of action in our double bottom and the (0.5) Fibonacci is right on a previous support area. MY BUY ZONE is between: $2198 - $2400 MY TARGETS are: 1- $2900 (~29%) 2- $3160 (~40%) 3- $3440 (~53%) MY Stop Loss is: $1800 (-20%) Always do your own research before getting in a trade, you always need to know the WHY and WHEN to entry and exit all your trades. Disclaimer: This is not financial advise, this post is for educational purposes only.
Long
by ClubCryptoTraders
Possible Opportunity - Cup and Handle on 30mGood morning Traders! Hope all are having a great weekend so far. Looks like ETH could be in the process of forming a CUP AND HANDLE pattern on the 30min timeframe. If this pattern holds true to the C&H, we can see ETH push to the first TP, small corrections and then a push to ~2250. This would complete the RIGHT SHOULDER for the possible HEAD AND SHOULDERS taking shape on the higher timeframes. RSI is showing room overhead. Would love to hear your thoughts! TP1 - 2190 TP2 - 2250 Information provided here is not intended as financial advise. Please, dyor.
COINBASE:ETHUSDLong
by TheWaveRider
ETHUSD: A brief look at the things to come Ethereum price is hovering inside a supply zone ($2,529 to $2,588), struggling to breach past it. Two possibilities are possible here -  a bullish spike that pushes ETH price above the said supply zone and proceeds to tackle the range high at $2,993.  Or a rejection at the supply zone that drags it down to the buy zone ($1,992 to $2,208). If the bullish scenario plays out, Ethereum price could collect liquidity from the pocket highlighted in the chart ($2,850 to $2,915) and trend lower before actually proceeding higher On the other hand, if the bearish scenario evolves, ETH price could slide into the demand zone, sweep $2,208 or $2,100. This would be followed by a flip of the supply zone into a demand zone and a retest of the swing high at $2,993. In case, $2,993 is flipped into a support level, Ethereum price could rally and tag $3,124 and $3,316. As always, Leave your thoughts in the comments! Feedback or questions are appreciated. DYOR Not Financial Advice (FA)
FTX:ETHPERPLong
by DailySats
Top 10 Altcoins To Invest In 2021The term Altcoin stands for “alternative to Bitcoin'' or “alternative coins”, basically these are digital currencies similar to Bitcoin. Altcoins are profitable and have their own goal but these are not as costly as Bitcoin. Due to the lower value and higher ROI, altcoins have become the favourite of investors. One thing that needs to be mentioned here is that not all altcoins are successful and have the same future scope. Thus before choosing a cryptocurrency to invest in, make sure to check all the details, reports and what people say about it. If you are looking for a cryptocurrency to invest in, you are at the right place because we are here enlisting some of the most unique and profitable altcoins which hold a wide range of opportunities but not as costly as Bitcoin. Ether (ETH) Ether is a cryptocurrency built on top of the open-source Ethereum blockchain, which is known for running smart contracts. Ether is the second-biggest cryptocurrency in terms of market share. Currently, 1ETH is priced at 1,781. 22 United States Dollar and it is steadily growing. With a market capitalization of $230.7 billion, ETH had hit a new record in Feb 2021. Cryptocurrency acts as a fuel that allows smart contracts to run, as opposed to bitcoins, which means a unit of currency on a peer-to-peer payment network. Binance Coin (BNB) It is the third biggest cryptocurrency on the basis of market share. BNB Coin is used to trade and pay fees on the Binance crypto exchange. Binance crypto exchange is the largest cryptocurrency world in the world. The popularity of Binance is growing among developers, as of January 2018, it is facilitating more than 1.4 million transactions per second. The overall Binance ecosystem makes it much easier to make transactions on their network. The current price of 1 BNB coin is 248.524621 US Dollar (USD) and it will be beneficial for the investors and BNB Coin Holders. Cardano (ADA) With a market cap of $46 billion, Cardano is in the third position after Bitcoin and Ethereum, it is one of the most improved altcoins and it is currently priced at $1.45. Trading Beasts already predicted that the ADA price will reach $1.80 in the fourth quarter of 2011. One of the key factors behind Cardano's growth is the release of Hydra, a layer two scalability solution that promises to give the Cardano network the power to process more than 1 million transactions every second. Ripple (XRP) Ripple is not a cryptocurrency but a payment solution, It is not made of a blockchain, but a hash tree and its coins cannot be mined as there is a finite number of coins i.e. 100 billion. Its Coin XRP is mostly used by big companies to make huge transactions. There are hundreds of financial institutions that choose Ripple to provide a better international payments experience to their customers in real-time. The current price of 1XPR is $0.454459 and it has a market cap of $45.44B. PowerCoin (PKOIN) Currently priced at 0.00405976ETH, Power Coin is probably the newest altcoin in the market but as an asset-backed hybrid stable coin it is trust-worthy and not only protects investors against volatility in the crypto marketplace but it also helps in mining and generating passive income. It is backed by Power Corp and the company is developing a mining pool, Innovation Center, High-Performance Computing Data Center while acquiring assets such as renewable energy systems, financial instruments, real estate, intellectual property, digital and fiat currencies to back its hybrid stable coin PKoin. PKoin is already listed on a few reputed crypto exchanges and soon the list will be longer. It is affordable and has a great scope. Thus don’t miss the opportunity and invest in it now. LiteCoin (LTC) Lite coin is really the lite and speedy version of Bitcoin. It was created by Charlie Lee and it holds many of the best features of Bitcoin and adds some of its own twists. LTC takes just 3 minutes to confirm a transaction for the same bitcoin takes around 10minutes. Lower system requirement is also one factor that helps it to gain people interest as ordinary PCs are capable of mining it. LTC is powerful, easier, faster and currently, it is priced at 194.85 United States Dollar. Tether (USDT) With a market cap of $39 billion, Tether is in the 5th position of top cryptocurrencies. USDT is currently priced at $1 and It is a blockchain-based cryptocurrency, in which crypto coins are backed by the equivalent of traditional Fiat currencies including the dollar, euro or Japanese yen, which are held in a designated bank account. It is being traded under the USDT symbol. Bitcoin Cash (BCH) A major update regarding its processing speed is expected this year. Bitcoin Cash is one of the best alternatives of Bitcoin. It becomes popular because of its better transaction speed. It has larger blocks compared to Bitcoin which makes it able to handle more transactions at once, which means faster transactions. It is the world's 11th biggest cryptocurrency by market cap at above $10 Billion. 1BCH is currently priced at 535.91 United States Dollar it is one of the most profitable cryptocurrency with lots of cool features. Tron (TRX) Founded in 2017 and based on Ethereum, Tron is here to decentralise the web by providing more power to content creators and publishers by monetising the way their content is shared and used. Since its launch on Ethereum, it has moved to a self-governing blockchain platform and uses a proof of stake algorithm to process all the transactions. It is one of the best altcoins with a market cap of $3.8 billion and a price of around $0.05. Chain Link (Link) The Project is a decentralized network consisting of nodes that provide data to blockchain smart contracts through oracles from off-blockchain sources. The process begins on a smart-contract-enabled blockchain whenever a smart contract needs data. With a market cap of $12 Billion, it is ranked at 10th position and it is priced at $30.14 currently The above ten altcoins are unique, trustable and have great benefits. Other than these 10, there are thousands of altcoins available in the market but if you are looking for a beneficial and affordable cryptocurrency having good future scope then PowerCoin (PKoin) will be a great choice, as it has a lower price but its plan and assets-backed nature will help it to grow quickly. Thus choose an altcoin from the above list and invest in it wisely. That’s it for today and have a great day.
BLong
by puranmal
Ethereum (ETH) Chart Analysis ### Chart Overview: This **Ethereum (ETH) chart price action** on a 1-hour timeframe with Heikin Ashi candles. Various indicators, such as volume, MACD, RSI, and custom elements like support, resistance, and divergence patterns, are used to enhance the analysis. The chart highlights a **double-bottom pattern**, volume trends, and bullish divergence. ### Key Chart Features and Pattern Observation: 1. **Double Bottom Pattern**: - The chart identifies two significant "bottoms" (marked as Bottom 1 and Bottom 2) at support levels. - This is a bullish reversal pattern, suggesting potential upward momentum. 2. **Support and Resistance**: - Key support levels are visible at **$3,501.00** and **$3,516.00**. - Resistance levels include **$4,018.50** and the target price at **$4,096.00**. 3. **Heikin Ashi Candles**: - The current candles show a bullish trend with consecutive green candles following Bottom 2. 4. **ATR Trailing Stops**: - Suggestive of a breakout above previous consolidation, supported by bullish momentum. ### Indicator Analysis: 1. **Volume**: - Volume spiked significantly near Bottom 1, indicating strong buying activity at lower levels. - Gradual increase in green volume bars signals growing bullish interest. 2. **MACD**: - The MACD line has crossed above the signal line (bullish crossover) near Bottom 2. - Histogram bars transitioning from negative to positive territory confirm increasing bullish momentum. 3. **RSI**: - RSI shows a **bullish divergence** near Bottom 2, with price creating a lower low while RSI forms a higher low. - The RSI value at 77.89 suggests the asset is entering overbought territory, signaling caution for new entries. ### Key Levels or Price Levels: - **Support Levels**: - $3,501.00 (strong support). - $3,516.00 (intermediate support). - **Resistance Levels**: - $3,748.15 (intermediate resistance). - $4,018.50 (major resistance). - $4,096.00 (target level). ### Overall Summary: The chart displays a bullish reversal setup with the double bottom pattern, confirmed by increasing volume and positive momentum in the MACD and RSI indicators. Price action above the resistance zone indicates a potential continuation toward the target level. However, the RSI nearing overbought territory suggests monitoring for potential pullbacks. ### Recommendation or Trading Strategy: 1. **For Long Positions**: - Enter above $3,748.15 with a target at $4,018.50 and $4,096.00. - Place a stop-loss below $3,516.00 to protect against downside risk. 2. **For Short Positions** (if price fails to sustain above resistance): - Consider entering near $4,018.50 with a target back to $3,748.15 or lower. - Tight stop-loss above $4,096.00 to limit losses. 3. **Additional Notes**: - Monitor volume for confirmation of breakout or reversal. - Consider partial profit booking as the price approaches $4,018.50. ### Conclusion: Ethereum shows strong bullish momentum with the double bottom pattern, bullish divergence, and positive indicator confirmations. While the trend favors further upside, overbought RSI conditions caution against overextending positions. Traders should align entries and exit with key levels while managing risk through disciplined stop-loss placement.
COINBASE:ETHUSD
by ramumaurya
Live : Ethereum (ETH/USDT) Levels for 11th October 2024Ethereum (ETH/USDT) Levels for 11th October 2024 The live chart for Ethereum shows significant price movement with strong support and resistance levels. Resistance Levels (Red): 2,472.23 2,458.29 These levels indicate where selling pressure is expected. Ethereum has touched near these zones but struggled to break above, signaling resistance and potential selling interest. Support Levels (Green): 2,395.55 2,379.18 These are the areas where buyers are stepping in, showing strong support. If the price falls near these levels, it is expected to see buying momentum kick in, preventing further decline. Currently, Ethereum is trading at 2,441.66, with a significant upward move of +2.30%, showing bullish momentum. Traders should be cautious around the resistance levels and look for buying opportunities near the support zones for possible entries.
by XTrap_000