Get started

Search in ideas for "ETHEREUM"

A trading opportunity to buy in ETCETHTechnical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03182 to 0.02924). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.03182) Ending of entry zone (0.02924) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.034943 TP2= @ 0.037824 TP3= @ 0.040771 TP4= @ 0.044862 TP5= @ 0.050730 TP6= @ 0.063500 TP7= @ 0.088800 TP8= @ 0.109300 TP9= @ 0.129800 TP10= Free
Long
by ForecastCity_EU
A great trading opportunity to buy in ETCETH . just catch it!Technical analysis: EthereumClassic/Ethereum is in a range bound and beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 52. Trade Setup: We opened 10 BUY trade(s) @ 0.03178736 based on ' Bullish Engulfing' entry method at 05.07.2018. Take Profits: TP1= @ 0.0336 TP2= @ 0.0384 TP3= @ 0.0440 TP4= @ 0.0635 TP5= @ 0.0888 TP6= @ 0.1093 TP7= @ 0.1298 TP8= @ 0.1962 TP9= @ 0.4570 TP10= Free
Long
by ForecastCity
1
There is a trading opportunity to buy in ETCETHTechnical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02450000 to 0.02247455). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.02450000) Ending of entry zone (0.02247455) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.027150 TP2= @ 0.029500 TP3= @ 0.032900 TP4= @ 0.037824 TP5= @ 0.040700 TP6= @ 0.044862 TP7= @ 0.050730 TP8= @ 0.058700 TP9= @ 0.069900 TP10= Free
Long
by ForecastCity_EU
2
There is a trading opportunity to buy in ETCETHTechnical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02440000 to 0.02247455). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.02440000) Ending of entry zone (0.02247455) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.02715000 TP2= @ 0.02950000 TP3= @ 0.03290000 TP4= @ 0.03782400 TP5= @ 0.04070000 TP6= @ 0.04486200 TP7= @ 0.05073000 TP8= @ 0.05870000 TP9= @ 0.06990000 TP10= Free
Long
by ForecastCity_EU
There is a possibility for the beginning of an uptrend in ETCETHTechnical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03180000 to 0.02930000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.03180000) Ending of entry zone (0.02930000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.034943 TP2= @ 0.037824 TP3= @ 0.040771 TP4= @ 0.044862 TP5= @ 0.050730 TP6= @ 0.058700 TP7= @ 0.06990 TP8= Free
Long
by ForecastCity_EU
A New Trading Opportunity to Buy. TP3 hit with 1892587 profit...ETHEREUM/DOLLAR New trading suggestion: The price is in an up trend and we forecast the uptrend would continue. There is possibility of temporary retracement to suggested support line (527.285) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 527.285 is not broken, the Midterm wave will be uptrend. Price may also reach 527.285, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies. We will close our open trades, if the Midterm level 527.285 is broken. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 58. Total Profit: 1892587 pip Closed trade(s): 398171 pip Profit Open trade(s): 1494416 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 04.11.2018. (we use SimpleFX.com standard charts as reference.) Closed Profit: TP1 @ 475.300 touched at 04.12.2018 with 55057 pip Profit. TP2 @ 553.100 touched at 04.19.2018 with 132857 pip Profit. TP3 @ 630.500 touched at 04.22.2018 with 210257 pip Profit. 55057 + 132857 + 210257 = 398171 pip Open Profit: Profit for one trade is 633.731(current price) - 420.243(open price) = 213488 pip 7 trade(s) still open, therefore total profit for open trade(s) is 213488 x 7 = 1494416 pip Take Profits: TP4= @ 729.300 TP5= @ 864.550 TP6= @ 970.450 TP7= @ 1151.600 TP8= @ 1229.700 TP9= @ 1415.950 TP10= Free
COINBASE:ETHUSDLong
by ForecastCity
[b]Trading suggestion:[/b] ". There is a possibility of temporarTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (1345). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Ethereum/TetherUS is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 68. Take Profits: TP1= @ 1438 TP2= @ 1540 TP3= @ 1700 TP4= @ 1850 TP5= @ 2000 SL= Break below S2 ❤️ 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 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 ❤️
Long
by ForecastCity_ME
4
Don't miss the great buy opportunity in EthereumTrading suggestion: . There is a possibility of temporary retracement to suggested support line (147.65). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ETHUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 61. Take Profits: TP1= @ 178.75 TP2= @ 200.40 TP3= @ 235.45 SL= Break below S2
BITSTAMP:ETHUSDLong
by ForecastCity_EU
1
A second Chance to Buy in ETHUSD ...New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. *There is still a possibility of temporary retracement to suggested support line (440.100). if so, traders can set orders based on Price Action and expect to reach short-term targets. * If you missed our first HUNT, you have a second chance to buy above the suggested support line (440.100). Entry signal: Signal to enter the market occurs when the price comes to "supportline" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Midterm Forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 440.100 would begin in Midterm. Technical analysis: The RSI bounced from the support #1 at 30 and it prevented the price from more losses. The RSI downtrend #2 is broken, so the probability of resumption of the uptrend is increased. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. Relative strength index (RSI) is 44. Take Profits: TP5= @ 864.550 TP6= @ 970.450 TP7= @ 1151.600 TP8= @ 1229.700 TP9= @ 1415.950 TP10= Free Trade Setup: We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 2018.04.11. Total Profit: 1328174 pip Closed trade(s): 707228 pip Profit Open trade(s): 620946 pip Profit Closed Profit: TP1 @ 475.300 touched at 2018.04.12 with 55057 pip Profit. TP2 @ 553.100 touched at 2018.04.19 with 132857 pip Profit. TP3 @ 630.500 touched at 2018.04.22 with 210257 pip Profit. TP4 @ 729.300 touched at 2018.05.03 with 309057 pip Profit. 55057 + 132857 + 210257 + 309057 = 707228 pip Open Profit: Profit for one trade is 523.734(current price) - 420.243(open price) = 103491 pip 6 trade(s) still open, therefore total profit for open trade(s) is 103491 x 6 = 620946 pip
COINBASE:ETHUSDLong
by ForecastCity
There is a Second Chance to Buy in ETHUSD ...New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. * There is still a possibility of temporary retracement to suggested support line (496.730). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 496.730 is not broken, the Midterm wave will be uptrend. Technical analysis: The RSI bounced from the support #1 at 30 and it prevented the price from more losses. While the RSI downtrend #2 is not broken, bearish wave in price would continue. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 42. Take Profits: TP1= @ 475.300 TP2= @ 553.100 TP3= @ 630.500 TP4= @ 729.300 TP5= @ 864.550 TP6= @ 970.450 TP7= @ 1151.600 TP8= @ 1229.700 TP9= @ 1415.950 TP10= Free Trade Setup: We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 2018.04.11. Total Profit: 1584266 pip Closed trade(s): 707228 pip Profit Open trade(s): 877038 pip Profit Closed Profit: TP1 @ 475.300 touched at 2018.04.12 with 55057 pip Profit. TP2 @ 553.100 touched at 2018.04.19 with 132857 pip Profit. TP3 @ 630.500 touched at 2018.04.22 with 210257 pip Profit. TP4 @ 729.300 touched at 2018.05.03 with 309057 pip Profit. 55057 + 132857 + 210257 + 309057 = 707228 pip Open Profit: Profit for one trade is 566.416(current price) - 420.243(open price) = 146173 pip 6 trade(s) still open, therefore total profit for open trade(s) is 146173 x 6 = 877038 pip
COINBASE:ETHUSDLong
by ForecastCity
There is a Second Chance to Buy in ETHUSD ...New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. * There is still a possibility of temporary retracement to suggested support line (496.730). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 496.730 is not broken, the Midterm wave will be uptrend. Technical analysis: The RSI bounced from the support #1 at 30 and it prevented price from more losses. While the RSI downtrend #2 is not broken, bearish wave in price would continue. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 42. Take Profits: TP1= @ 475.300 TP2= @ 553.100 TP3= @ 630.500 TP4= @ 729.300 TP5= @ 864.550 TP6= @ 970.450 TP7= @ 1151.600 TP8= @ 1229.700 TP9= @ 1415.950 TP10= Free Trade Setup: We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 2018.04.11. Total Profit: 1584266 pip Closed trade(s): 707228 pip Profit Open trade(s): 877038 pip Profit Closed Profit: TP1 @ 475.300 touched at 2018.04.12 with 55057 pip Profit. TP2 @ 553.100 touched at 2018.04.19 with 132857 pip Profit. TP3 @ 630.500 touched at 2018.04.22 with 210257 pip Profit. TP4 @ 729.300 touched at 2018.05.03 with 309057 pip Profit. 55057 + 132857 + 210257 + 309057 = 707228 pip Open Profit: Profit for one trade is 566.416(current price) - 420.243(open price) = 146173 pip 6 trade(s) still open, therefore total profit for open trade(s) is 146173 x 6 = 877038 pip
COINBASE:ETHUSDLong
by ForecastCity
A trading opportunity to buy in ETPETHTechnical analysis: . ETP/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 34. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03182 to 0.02924). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.03182) Ending of entry zone (0.02924) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.034943 TP2= @ 0.037824 TP3= @ 0.040771 TP4= @ 0.044862 TP5= @ 0.050730 TP6= @ 0.063500 TP7= @ 0.088800 TP8= @ 0.109300 TP9= @ 0.129800 TP10= Free
Long
by ForecastCity_EU
There is a possibility for the beginning of an uptrend in ETCBTCTechnical analysis: . EthereumClassic/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. . The the RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00148000 to 0.00138000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00148000) Ending of entry zone (0.00138000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00164600 TP2= @ 0.00174200 TP3= @ 0.00182100 TP4= @ 0.00195600 TP5= @ 0.00214000 TP6= @ 0.00238200 TP7= @ 0.00277400 TP8= @ 0.00317100 TP9= @ 0.00388000 TP10= @ 0.00470000 TP11= @ 0.00560000 TP12= @ 0.00820000 TP13= Free
Long
by ForecastCity
There is a trading opportunity to buy in ETCUSDTechnical analysis: . ETHEREUMCLASSIC/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. Trading suggestion: . Price is in the support zone (14.0 to 12.0), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (14.0) Ending of entry zone (12.0) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Trade Setup: We opened 9 BUY trade(s) @ 11.800 based on ' Hammer ' entry method at 08.14.2018. Take Profits: TP1= @ 17.0 TP2= @ 20.0 TP3= @ 23.0 TP4= @ 25.4 TP5= @ 29.9 TP6= @ 38.4 TP7= @ 42.9 TP8= @ 46.9 TP9= Free
BITFINEX:ETCUSDLong
by ForecastCity
Another trading opportunity to buy in ETCBTCTechnical analysis: . ETHEREUMCLASSIC/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (0.00211 to 0.00182). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00211) Ending of entry zone (0.00182) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 9 BUY trade(s) @ 0.00190000 based on ' Hammer ' entry method at 08.14.2018. Take Profits: TP1= @ 0.00240 TP2= @ 0.00280 TP3= @ 0.00324 TP4= @ 0.00350 TP5= @ 0.00470 TP6= @ 0.00560 TP7= @ 0.00820 TP8= @ 0.00951 TP9= Free
Long
by ForecastCity
A trading opportunity to buy in ETCBTCTechnical analysis: . ETHEREUMCLASSIC/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00211 to 0.00182). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00211) Ending of entry zone (0.00182) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00240 TP2= @ 0.00280 TP3= @ 0.00324 TP4= @ 0.00350 TP5= @ 0.00470 TP6= @ 0.00560 TP7= @ 0.00820 TP8= @ 0.00951 TP9= Free
Long
by ForecastCity
There is a trading opportunity to buy in ETCUSDTechnical analysis: . ETHEREUMCLASSIC/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. Trading suggestion: . The price is in a range bound and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (14.0 to 12.1). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (14.0) Ending of entry zone (12.1) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 17.0 TP2= @ 20.0 TP3= @ 23.0 TP4= @ 25.4 TP5= @ 29.9 TP6= @ 38.4 TP7= @ 42.9 TP8= @ 46.9 TP9= Free
BITFINEX:ETCUSDLong
by ForecastCity
There is a trading opportunity to buy in ETCBTCTechnical analysis: . ETHEREUMCLASSIC/BITCOIN is in a range bound and beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. Trading suggestion: . The price is in a range bound and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.00233 to 0.00182). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00233) Ending of entry zone (0.00182) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00282 TP2= @ 0.00324 TP3= @ 0.00350 TP4= @ 0.00470 TP5= @ 0.00560 TP6= @ 0.00820 TP7= @ 0.00951 TP8= Free
Long
by ForecastCity
A Great Trading Opportunity to Buy in ETCBTC , Catch it....Technical analysis: ETHEREUMCLASSIC/BITCOIN is in a range bound and Beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The bullish exit in daily chart was occurred. The RSI is at 51. Trading suggestion: *The price is in a range bound, but we forecast the uptrend would begin. * Price is in the support zone (0.00233 to 0.00130), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.00233) Ending of entry zone (0.00130) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 6 SELL trade(s) @ 0.00204999 (day close price) based on 'Hammer' at 04.12.2018 signaled by our "Daily Trading Opportunity". Total Profit: 170202 pip Closed trade(s): 0 pip Profit Open trade(s): 170202 pip Profit Open Profit: Profit for one trade is 0.00233366(current price) - 0.00204999(open price)= 28367 pip 9 trade(s) still open, therefore total profit for open trade(s) is 28367 x 6 = 170202 pip Take Profits: TP1= @ 0.0035 TP2= @ 0.0047 TP3= @ 0.0056 TP4= @ 0.0082 TP5= @ 0.0095 TP6= Free
Long
by ForecastCity
Whales Accumulating Ethereum : Can ETH Reclaim $3K in September?Whales Accumulating Ethereum : Can ETH Reclaim $3K in September? The whales have accumulated nearly 0.5% of the supply in the last two weeks. Ethereum may reclaim the psychological $3000 if it surpasses the higher range of consolidation over daily chart. Ethereum has been hovering in a range bound zone for the last three weeks. The bulls and bears seemed to be in a tough fight near the psychological $2500 level. Recently, Ethereum bulls attempted for a breakout of the consolidation above $2800. However, it failed due to the presence of strong bearish forces and the price loomed back towards the $2400 levels. At the time of writing, Ethereum was exchanging hands close to $2519 recording a positive gain of nearly 3.93% in intraday. Whales Accumulating At The Lows: Analysts Say Despite consolidation in Ethereum price near the $2500 for the last couple of weeks, the analysts have noted something cooking behind the curtains. The analysts have noticed a significant change in the whale holdings in the last couple of weeks while the price hasn't moved significantly. As per the analysts, the top addresses often known as whales were holding nearly 43.5% of the total supply in mid August which now has surged to 44.01% indicating a significant 0.51% jump in just two weeks. A significant jump in the whale holdings suggests whale accumulation at the lows while retailers seem to be in panic and liquidating their investments. Moreover, as per the data obtained by an on-chain analytics website app.santiment.net a notable change was observed in the price DAA divergence indicator. The bearish divergence between the price and DAA (Daily active addresses) seemed to be decreasing, highlighting the waning interest of the sellers. The price DAA divergence is an on-chain metrics which reflects the change in bearish or bullish divergence between the asset's price and daily active addresses. The decreasing bearish divergence indicates a potential buying in Ethereum in the upcoming sessions. Ethereum May Reclaim $3000 level In September: Here’s How? From a technical perspective, Ethereum price was hovering below the key exponential moving averages of 20, 50 and 200 days suggesting a bearish domination. However, the last couple of weeks saw a range bound movement in Ethereum. On the higher side, the bears have established themselves firmly near $2800 level. On the contrary the bulls seem to be in domination near the $2350 level. Now a clear trend may be observed on the charts if the price breaks on either side. Additionally, the on-chain metrics have indicated a possible breakout scenario which may validate on the charts of ETH price surpasses $2800 level. On a sustained breakout Ethereum may look to reclaim its presence near the psychological $3000 levels in September. At the time of writing, the RSI line was placed close to 42 points and that of the 14 day SMA line was placed at 42.21 points. A bullish crossover between the RSI and SMA line suggests a potential bullish trend continuation.
COINBASE:ETHUSDLong
by Ritika_TCR
Whales Moving Ethereum Off The Exchanges: A Bullish Wave On The Whales Moving Ethereum Off The Exchanges: A Bullish Wave On The Horizon? The top 100 Wallets on exchanges have slumped to a 2018 low value of 8.41 Million ETH while the top 100 non exchange wallets have jumped to record high of 68.39 Million ETH. Ethereum price made a bounce back after falling below the $3400 level and 50 day EMA. The broader crypto markets including the market leaders Bitcoin and Ethereum, are experiencing a rollercoaster ride in the last couple of weeks. Ethereum price has witnessed a correction from $3900 level and has retraced the $3400 level. However the 50 day EMA seems to be acting as a dynamic support as the price has taken a bounce back. Moreover, there has been a notable shift in the balance of top 100 exchange wallets which has dropped to a multi year low. while, the top 100 non exchange wallets have recorded an all time high holdings. Whales Offloading Ethereum from Exchanges! With the dramatic changes in the broader crypto markets these days, a notable shift in the on-chain metrics was observed. As per the data obtained from a financial website app.santiment.net, the holdings of the top 100 Ethereum wallets have dropped to a 2018 low value of 8.41 Million Ethereum. 🐳 The top 100 Ethereum wallets on exchanges recently fell below its May, 2018 all-time low, now at 8.41M total CRYPTOCAP:ETH . This is a sign of increasing distribution over time.Meanwhile, the top 100 non-exchange wallets tell the opposite story, holding an all-time high 68.39M CRYPTOCAP:ETH . pic.twitter.com/OS0t4ByaNQ— Santiment (@santimentfeed) June 14, 2024 On the contrary, the aggregate holdings of top 100 non exchange wallets have surged to a record high of 68.39 Million ETH. It indicates the shift of Ethereum from exchange wallets to non exchange wallets. Typically, large-scale holders, often referred to as 'whales,' transfer their assets out of exchange wallets into other types of wallets when they do not foresee a significant market sell-off and prefer to retain their holdings for a certain duration. Such movements by whales withdrawing their holdings out of exchange wallets generally have a favorable effect on the market price Is Ethereum Preparing For A Potential Rebound? The Ethereum price has taken a rebound from the 50 day EMA indicating the presence of bulls near it. Whales are moving their holdings to non exchange wallets indicating their intention to hold it for a significant duration. Moreover, The upcoming launch of Ethereum ETF could probably boost the demand which may help the ETH price to rise. The reduced supply on exchanges may further enhance the price. As per the price action analysis, sustained move above the $3700 could mark the end of a correction and the Ethereum price may resume its journey towards the major $4000 level. Conversely, the price might be at the risk of falling towards the $3300 until it is maintained below $3700 level. Conclusion. The broader crypto market including the major players Bitcoin and Ethereum has been highly volatile in the recent sessions. Ethereum price corrected from $3900 to $3400 however got support near the 50 day EMA suggesting bullish sentiment. Data from app.santiment.net shows a significant shift of Ethereum from exchange to non-exchange wallets thus decreasing the supply at the exchanges. This move by whales implies a long-term holding strategy. The potential launch of an Ethereum ETF and reduced exchange supply could further drive up prices. ETH price recovery above $3700 may signal an end to the correction phase and a push towards $4000, while staying below $3700 risks a drop towards the $3300. Disclaimer The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
COINBASE:ETHUSDLong
by Ritika_TCR
#ETH/#BUSD Trading Plan 4-5 Feb 2022My view on Ethereum today is neutral however I am expecting it to give a good move on either side which I am sure would be caught by my syste. Here's what it looks like: In this chart of Ethereum I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone". If Ethereum's price crosses the top-most price level, we will be looking for long opportunities and if Ethereum's price crosses the bottom-most price level, we will be looking for short opportunities. Entry criteria: Bullish case: Enter as soon as a 5-minute candle CLOSES above the top-most price level. Bearish case: Enter as soon as a 5-minute candle CLOSES below the bottom-most price level. Stop Loss criteria: Risk: 2% of capital of per trade. Bullish case: Just below the second price level from the top. Bearish case: Just above the second price level from the bottom. Take profit criteria: I personally follow a system wherein I do nothing until 1:1 RR is achieved. But post 1:1 RR is achieved, I adjust stop loss to cost. I then exit 1/3rd of entered quantity based on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . I exit 1/3rd of entered quantity at fixed take-profit level of 1:3 RR. And I exit the final 1/3rd of entered quantity based on a system of setting stop losses that are dynamically adjusted to the nearest retracement after a Day High Breakout (in bullish case) or Day Low Breakout (in bearish case). I have also experimented with systems wherein you can set take-profit at a fixed level of 1:3 RR or alternatively after 1:1 is achieved book full quantity vased on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . Both of these alternative systems have also been profitable. Please note the given zones are valid only until the end of the day. Any open positions must be closed by 05:25 AM IST which is around when the day is about to end in the cryptocurrency markets. Also please note: according to the rules of my system, I don't take more than 3 trades per day on any asset.
E
by abhineetramjiwal
Ether Takes The Lead | Will Ethereum and Bitcoin Detach?Hardly ever I look at the Ethereum (ETHUSD) chart since both Bitcoin and Ethereum tend to move together. Whatever I see happening with Bitcoin normally is also true for Ethereum. For example, notice the bullish wave from July 21 to August 23, exactly the same for BTCUSD and ETHUSD. Things are different right now. Ether (ETH) just moved ahead of Bitcoin and went on to hit a new high today... This is great news. While Bitcoin is still strong but showing some bearish signals. How to read this signal in comparison to Bitcoin? In the past I used to use Ethereum to predict the next Bitcoin move as it was ahead by a few days or hours, the signals tend to be easier to read. Seeing Ethereum move ahead, can signal that Bitcoin will eliminate all bearish signals and continue to grow (bullish/green) next. Another scenario is where Bitcoin and Ethereum detach from each other. Ethereum has all the Apps, NFTs and smart-contracts going on... With the cryptocurrency market evolving so much and so strong, the King and Queen of crypto detaching is something hard but can definitely happen. Personally I believe if ETHUSD is to move straight up and go ahead, I think that Bitcoin will follow instead of detaching... A bullish Ethereum, bullish Bitcoin as well. And vice versa. We are looking for Ethereum to hit $6,000 but it can take a while... I just saw this now... The Altcoins (in general) are behaving strongly as well. If this (ETHUSD going up while BTCUSD hits lower highs) goes on for more than today, I will update my view on Bitcoin taking this information into consideration and tell you what I see coming next. Make sure to hit LIKE now if you want to stay updated. Thanks a lot for your support. Namaste.
BITSTAMP:ETHUSDLong
by AlanSantana