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ETH/USD Latest Analysis #1 Key Highlights * Support around $100+ level held strongly.\u2028 * 200H-MA(moving average) broken with buying volume.\u2028 * Ethereum(ETH/USD) price surged 20%+.\u2028 * $120+ resistance broken and retested.\u2028 #2 Chart Analysis Ethereum trading $122+(Bitfinex) and showing signs of strong upward momentum. Looking at the ethereum trends on Hourly(4H) chart timeframe, we can observe few bullish signs.It has broken short-term downtrend line(red) as well as 200H-Moving Average which was acting as strong resistance as stated in the article published last week. If we look at the ethereum price analysis today on hourly time-frame(4H), it has penetrated through the Ichimoku cloud and needs to hold above cloud for further bullish momentum.Though Stoch-RSI indicator is in the oversold region(bullish) , MACD indicator is entering into the bearish territory. Looking at the ethereum technical analysis today, It needs to hold the present level to test(touch) the immediate resistance(Red) around $140+ price level.Also, there is a possibility of a S/R flip at the current level but if it doesn't happen then we might see the $113-$110 price level as there is not upcoming ethereum news to act as a catalyst. #3 Conclusion Over the past 2 days, Ethereum (ETH/USD) has managed to move 20%+ while the entire crypto market remains in the strong momentum. Ethereum price analysis 2019 states it needs to undergo a corrective rally before continuing the bullish momentum.
BITFINEX:ETHUSD
by coinswitch-trading
Neiro Ethereum (NEIRO) Neiro Ethereum (NEIRO) Neiro Ethereum emerged as the top memecoin performer in August adding an impressive 771% to the portfolio of their investors. As per coinmarketcap.com, NEIRO was down nearly 10.1% a day and was exchanging hands close to $0.120. Neiro Ethereum offers zero buy/sell tax and no team tokens, indicating a community driven approach. It aims to present itself as one of the top meme coins just like Dogecoin. It has a live market capitalization of $120.55 Million and ranks 300th in the cryptoverse. Moreover, the daily transaction volume has dropped by 6% to $21.77 Million a day. The price action analysis highlights a long term bullish trend with a short pullback. As of now, NEIRO was hovering near the support of $0.116 level. Now, if the bulls make a comeback and the price takes a rebound,, it may indicate a trend continuation and price may show gains. However, if NEIRO breaks below the support, it may indicate weakness in the short term and the price may incur losses.
Long
by Ritika_TCR
ETHFI Buy Trade Idea: Leveraging Ethereum's Finance Ecosystem ETHFI (Ethereum Finance) offers a promising buy opportunity anchored by the robust fundamentals of Ethereum's decentralized finance (DeFi) ecosystem. As a prominent player within the Ethereum network, ETHFI benefits from Ethereum's unparalleled smart contract capabilities, extensive developer community, and widespread adoption. Ethereum's transition to a proof-of-stake (PoS) consensus mechanism further enhances its scalability and energy efficiency, potentially driving higher transaction throughput and reduced costs. The platform's integration with various DeFi protocols and applications positions ETHFI to capitalize on the growing demand for decentralized financial services, making it a strategic investment in the evolving blockchain landscape. Disclaimer Trading and investing in cryptocurrencies involve significant risks and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Long
by MoonTradingForecast
2
Can Ethereum ETF Bring Optimism In The Price?Can Ethereum ETF Bring Optimism In The Price? In the present scenario, the Ethereum price is witnessing a strong selloff in Intraday, as it has distanced itself from the $3200 level. The crypto is headed to test the rebound level of $3000, dropping more than 5% in Intraday. The daily chart shows a breakdown of a bearish flag pattern and a rejection from the 50-day exponential moving average. While the $3000 may act as a psychological level and bring some stability, further downside movement cannot be ruled out. However, recent developments and updates point towards a potentially bright future for Ethereum, which could bring back the optimistic days. The most recent news that could relieve Investors is about the commencement of Bitcoin and Ethereum ETFs in Hong Kong. This news is a reason for celebration for Hong Kong investors. There is optimism that these ETFs might exceed the $125 million US Bitcoin ETF launch. It might bring back the reversal in Ethereum and the crypto may perform in the next month.
CRYPTO:ETHUSDLong
by Ritika_TCR
1
The Ethereum crypto appears to be geared to keep on going upwardThe Ethereum on Tuesday 12th shows a pause in price after a splendid long run in the northward direction. As of Wednesday 13th, the current market price (CMP) is $4036.3, representing a 1.45% intraday increase, and is showing bullish traits for more growth in future sessions. It has demonstrated good performance in the past week by 13.54%, month by 61.09%, and three months by 78.70%, indicating a reliable upward trend. Since the ETH crypto has displayed a prime price rally from a critical level of around $2900 on the chart and showing sustenance signs at another critical level at a $4000 price level. This price structure on the daily chart shows that Ethereum has the potential to surpass its all-time-high level, similar to Bitcoin. The Ethereum crypto appears to be geared to keep on going upwards on this remarkable price rally after it recently paused at the $4000 level on Tuesday. Now, it seems mobilizing its buying force again to overcome the resistance level of the next supply zone around $4600 and ascend to new. Moreover, the crypto asset has shown a bullish strength already by giving a bullish rally so far, and more rising potential lurking on the ETH chart as it stays above major 20, and 50-day EMA's. Therefore, the Ethereum price prediction highlights that, if the price manages to thrust above by carrying solid buying volume, then the next possible targets could be $4400 and $4600, respectively. However, if the crypto price fails to stay above $4000, it could decline to $3800, starting a downtrend. The next support would then be $3400.
BITSTAMP:ETHUSDLong
by Sam_TCR
A Bearish Outlook on ETHUSDT Amidst Technical WeaknessA bearish view on ETH/USDT (Ethereum to Tether) means that the market participants or analysts anticipate a decline in the value of Ethereum relative to Tether. Here are some factors that might contribute to a bearish outlook: Technical Analysis: Chart Patterns: Traders often use technical analysis to identify patterns, trendlines, and other indicators that suggest a potential downward movement. Moving Averages: A bearish crossover of short-term moving averages below long-term moving averages could signal a negative trend. Market Sentiment: Negative News: Adverse news about Ethereum, such as regulatory developments, security concerns, or technological issues, can lead to a bearish sentiment. Investor Sentiment: Monitoring sentiment indicators, such as social media discussions or surveys, can provide insights into market sentiment. Fundamental Analysis: Market Fundamentals: Negative developments in the Ethereum ecosystem, such as issues with smart contracts, scalability challenges, or changes in the development team, could impact the market negatively. Economic Factors: Economic indicators, such as inflation or interest rate changes, can influence the value of cryptocurrencies. Market Dynamics: Trading Volume: A decrease in trading volume, especially during a price decline, may indicate weakening demand and potential for further downward movement. Liquidity: Low liquidity in the market can amplify price movements, making it easier for the market to experience rapid declines. Global Economic Factors: Macro-Economic Trends: Economic events on a global scale, such as geopolitical tensions or financial crises, can impact the entire cryptocurrency market. Remember that cryptocurrency markets are highly volatile, and predictions can be challenging. It's crucial to conduct thorough research and consider multiple factors before forming any trading decisions. Additionally, consulting with financial professionals and keeping up with the latest news can help you make more informed decisions based on the most recent information.
Short
by nikhilbansal
ETHUSDT Bearish View and downtrendA bearish view on ETHUSDT (Ethereum/Tether) suggests that the price of Ethereum is expected to decline against Tether or the US dollar. Here are some possible reasons for a bearish outlook: Market Sentiment: If there is a general pessimism or negative sentiment in the cryptocurrency market, it could impact the price of ETHUSDT. Factors such as regulatory concerns, market corrections, or overall market downtrends can contribute to bearish sentiment. Technical Analysis: By analyzing historical price data, patterns, and indicators, technical analysts may identify signals that indicate a potential downtrend. Bearish chart patterns, such as head and shoulders, double tops, or descending triangles, could suggest a forthcoming price decline. Fundamentals: Negative developments in the fundamental aspects of Ethereum could influence a bearish view. This might include issues like scalability challenges, security vulnerabilities, or concerns regarding the adoption and usage of the Ethereum network. Competition: Ethereum faces competition from other blockchain platforms, such as Binance Smart Chain, Solana, or Polkadot. If these platforms gain traction and attract users and developers away from Ethereum, it could impact the price negatively. Regulatory Environment: Regulatory actions or uncertainties surrounding cryptocurrencies can significantly impact their prices. If there are restrictive regulations or crackdowns on cryptocurrencies in general or on Ethereum specifically, it could create a bearish sentiment. Market Manipulation: Cryptocurrency markets are susceptible to manipulation due to their relatively low liquidity compared to traditional financial markets. Price manipulation schemes, such as pump-and-dump schemes or coordinated selling, could artificially drive down the price of ETHUSDT. Remember that cryptocurrency markets are highly volatile and subject to various factors that can rapidly change the market sentiment. It's crucial to conduct thorough research and analysis before making any investment decisions.
Short
by nikhilbansal
ETH Trading Plan for 29-30 Jan 2022After yesterday's swings, the zone for Ethereum today is relatively wider however I believe there's a good chance that might witness a good breakout today. Let's see what's actually in store for us. I'm not quite sure about the direction though. But does that matter? Not at all - because I have a system that helps me figure which direction to trade in. I don't have to be dependent on expectations and biases. 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
#ETH/#BUSD Trading Plan for 28 Jan 2022After yesterday's consolidation chances of a breakout are fair today. I'm not quite sure about the direction though. But does that matter? Not at all - because I have a system that helps me figure which direction to trade in. I don't have to be dependent on expectations and biases. 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
ETH Trading Plan for 21-22 Jan 2022In 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.
EShort
by abhineetramjiwal
ETH Trading Plan for 20-21 Jan 2022In 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
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
Double Bottom on the Ethereum 1hr chartShort for the small time frame, 1hr, Double bottom, exit near the neckline if you want to be conservative otherwise you can hold a little longer. Measuring the top to the neckline and then measuring the target accordingly confluence with another rising wedge pattern resistance line which Ethereum broke earlier and now can be considered as support. The double top also coincides with the Bollinger Bands in the 1H time frames which further support the short position. Ethereum can show some support at the moving average in the middle but is most likely to disobey it and keep moving downward and can find support at the mentioned level. If you can watch the chart continuously look at the volume indicator and exit at a major level of support/resistance if you see the exhaustion in the volume. It is for the shorter term and afterward, we can expect Ethereum to reach 5K soon! Disclaimer: This is not financial advice in any shape or form. BITSTAMP:ETHUSD
Short
by omgimkaran
2
TOP 10 Strong Altcoins 4 LongTerm Bullish Potential @alanmastersGood Day & Life! My fellow cryptocurrency lover, I would like to share a trade idea today with a completely different format, so this is something that is requested from me on a daily basis, so here you have it by popular requests. Today I will be sharing a list of TOP Altcoins that are STRONG for LONG TERM holding and at the same time have good BULLISH potential. So the key words here are TOP, STRONG, LONG TERM and BULLISH... This is what we will be looking at from major to minor altcoins. I am hoping that you enjoy this post... Feel free to hit like if you want to now, to show your continued support. Before we get started I need your help! I am going to be writing a series of TOP 10 articles mentioning different categories of altcoins to consider for the top 10 list but we have many, many options, there are thousands of different altcoins... Here is where/how I need your help. I need you to leave a comment choosing which of the following category you best prefer to read about next, as well as share your own variation for me to consider for the next post: (1) TOP 10 Altcoins for Short Term Profits (2) TOP 10 Altcoins with Highest Profits Potential (3) TOP 10 Altcoins with Best Products (4) TOP 10 Most Popular Altcoins (your choice) (5) TOP 10 Altcoins with The Biggest Gains So pick one, or multiple choices, and add your own to the bottom of the list. You can leave a comment and I will share next the list that gets more requests... Remember to mention your favorite altcoins or the one you want me to look at in case #4 wins. Now... Let's get started! Thanks a lot for the support. TOP 10 Strong Altcoins for Long Term Bullish Potential Binance Coin (BNB) I believe Binance Coin (BNB) to be one of the strongest altcoins which you can buy and hold for long term growth, stability and profits potential. Binance is the biggest cryptocurrency exchange by volume and lists some of the best altcoins in the market for us to trade. Binance implemented credit card purchase to buy cryptocurrency and its own altcoin, BNB, can be used to pay trading fees. Here is the quick conclusion, the more the cryptocurrency space grows the bigger and better that Binance Coin becomes. And since the market is really young, this altcoin has the potential to keep on growing more and more. Trade ideas: BNBUSDT BNBBTC Ethereum (ETH) We continue with Ethereum (ETH), which is a " decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference." Ethereum is the second biggest cryptocurrency by market capitalization, second only to Bitcoin. Ethereum has its own "reality" in the crypto space and most exchanges offer trading against ETH. This is a very strong project with huge long term bullish potential. When you look at the long term chart, ETHUSD is basically at its bottom: Let's continue. Litecoin (LTC) Litecoin is the first Bitcoin copycat and has established a reputation as being a very stable altcoin project. Chart: Even though my charts are showing profits potential compared to all-time highs, altcoins can create new highs just as they can create new lows. A new all-high can push the price of any altcoin project dozens of times higher than the last high. All that is needed is a bull run. Cardano (ADA) Cardano is one of the best and most trusted projects out there and it is already being used in different types of commercial establishments in Asia (Korea). The last bull run back in late 2017/early 2018 pushed ADABTC to generate over 3,000% profits. With these altcoins projects being the ' companies of the future ', the potential here is hundreds of times of what we are seeing now. Here is the chart: Cardano is a great altcoin which is strong and can be held long term. Siacoin (SC) Now, we looked at big market cap and famous altcoins, here we will be looking at two smaller but older ones. Siacoin (SC) is a project that has a real working product and has been around for long. It is said that Satoshi Nakamoto, one of Bitcoin creator, lend his to support to this project. And old gem, Siacoin is massively stable and has lots of potential for future growth. This is an altcoin that can grow 5-10X easily within this year, and up to 50X by the next cryptocurrency market bull run... Wait, wait... I know, this is huge, but this is how the amazing/crazy cryptocurrency market works. DigiByte (DGB) DigiByte is another old gem and I am sharing it here simply because of its long term potential and stability as an altcoin project. DGB held its value better than most of the altcoins available throughout the bear market. Chart: BitTorrent (BTT) From old to new, BitTorrent needs no introduction. BitTorrent is a file sharing system that now has its own altcoin which can be used to monetize content and traffic while sharing online. This project is linked to TRON ( TRX ) and has huge massive growth and long term potential. Here you can find our BitTorrent trade, this is for the medium term, long term potential is much, much higher: Basic Attention Token (BAT) This is a favorite for my friend and developer and for good reason. BAT has its own browser which can be used to monetize traffic on any website... The method of payment? BAT of course. This project comes from the creators of Mozilla and is a must-have for any cryptocurrency lover. Ripio Credit Network (RCN) One simple feature got RCN into this list, which is the Ripio Credit Network New dApp. Basically, Ripio Credit Network has a dApp now where you can loan them money and they give you a % back in 30 days with Ripio backing all the loans. This gives out a varied return, monthly/yearly, for RCN that you would be holding anyways if you are into crypto. At the same time this feature can promote long term slow steady growth for this altcoin. This feature is active now and can be found here: rcn.loans RCN has huge growth potential that can go beyond ATH long term: Bitcoin (BTC) Needless to say, BITCOIN IS THE NAME OF THE GAME. BITCOIN IS THE BEST! You can always buy and hold Bitcoin long term as this is the best cryptocurrency of all. Namaste. Conclusion Here we have a mixed list of altcoins, I tried to put in new projects, old projects, known projects, not so known, with good profits, etc. Variety, so there is a little bit for each and every one of us. Which TOP 10 Altcoins you want me to write about next? Remember to hit like and leave a comment with the altcoins that you believe are best. This is Alan Masters. Thanks a lot for reading. Namaste.
BITFINEX:BTCUSD
by AlanSantana
3
The Power of My Price Action Strategy: Ethereum Targets HitThe Power of My Price Action Strategy: Ethereum Targets Hit Today, Ethereum showcased the effectiveness of my price action strategy. The day started with a strong buying trade, as the price showed clear signals of upward momentum from a key support level. As the market gained strength, the buying trade played out perfectly, yielding solid gains. Later, as selling pressure increased at the peak, it presented a high-probability selling trade. The market reversed swiftly, hitting targets on the downside. This seamless execution of both buying and selling trades highlights the reliability of my strategy, allowing me to profit from market moves in both directions.
by XTrap_000
Neiro Ethereum (NEIRO)Neiro Ethereum (NEIRO) NEIRO is a cryptocurrency with a total supply of 1 billion tokens, featuring zero buy/sell tax and no team tokens, indicating a community-driven approach. It is being touted as the next big opportunity in the crypto space, drawing comparisons to Dogecoin's rise. Neiro Ethereum price made a strong rally in the previous week gaining over 690% a week. The bulls seemed to be dominating the previous week which the crypto may continue in this week as well. It has a live market capitalization of $119.93 Million and ranks 257th among the 2.4 Million cryptocurrencies. The daily transaction volume stands close to $28.94 with a 28.5% growth a day. Additionally the volume to market cap ratio at 25.5% suggests high volatility. It has a circulating supply and total supply of 1 Billion NEIRO tokens.
Long
by Ritika_TCR
$ETH MacroTechnical Analysis: $Ethereum is currently trading in the $1600 range, displaying resilience around its yearly pivot. Notably, it has faced rejection at this level twice, indicating a significant resistance zone. Long-Term Investment Perspective: For investors seeking entry points for the next bull run, a prudent approach may be to monitor the price range between $900 and $650. This range aligns with strong historical support and is often referred to as the "liquidity box." Buying within this range during market corrections can be a strategic move to accumulate CRYPTOCAP:ETH for the long term. Short-Term Swing Trading Perspective: Traders looking for shorter-term opportunities can keep a close watch on Ethereum's behavior around the yearly pivot. If CRYPTOCAP:ETH attempts to test this level again and faces rejection, it could present an attractive short swing trading opportunity. Careful risk management and technical analysis will be crucial in executing this trade. Conclusion: In the dynamic world of cryptocurrency trading, Ethereum offers a spectrum of opportunities. Long-term investors may consider accumulating CRYPTOCAP:ETH in the $900 - $650 range, while short-term traders can capitalize on potential reversals around the yearly pivot. As always, thorough research and a disciplined approach are essential for success in this market. Not A Financial Advice DO YOUR OWN RESEARCH
BITSTAMP:ETHUSD
by utkarshx27
Do fibs actually work ? Fibonacci extension simplified.This is an analysis of Ethereum in which I’ve used trend based Fibonacci extension to find the potential pivot points. Look how many times Ethereum got rejected at the 0.382 fib followed by a break above and a flip of that fib resistance to support. It easily moves to the next target of 3800 $ and found resistance there at 0.5 fib. It’s very useful as a trader and as an investor. To learn how to use fibs and other day trading and long term trading techniques follow me. I specialise in entry and exit strategy.
BITSTAMP:ETHUSD
by TheJackOfSmallTrades
Why BTC is going down ? Follow up Today, BTCUSDT has reached one critical point. In the past analysis linked here, we were waiting for two left-behind point, one between 56k and 53k and another below 51k, around 45k. The price recovered the inefficiency, kept the lateral movement on the 60k resistance, consolidated by returning to the 63k level. I was looking for a probable BARR but, as said in the past analysis, the pair had few liquidity and interest point to reach before increase and start the post-halving bull run. The decreasing trend line fake out on the begin of the month can be mistaken for a break out, but the price did not draw a strong BOS and satisfying the fibonacci TP and level on the monthly inefficiency level (purple line). This new bearish movement of the last few days included all crypto pairs. Ethereum, Ripple, Solana, Dogecoin... everyone's price decreased. From a technical point of view, the price have reached our POI, point of interest zones. For Bitcoin we were waiting a recover around 56-53k, which were a inefficiency zone left behind from February 2024. It's impressive the reactivity of the price around our levels, snipers ! There are still areas to cover. On higher tf, the price is creating a M-pattern, indicator for an imminent bearish run. It would be in line with our analysis. The price would cover those missing areas, consolidating and the start a bull run. I am confident on a return around 42k before the long run. I have just a note, a little thing that does not make sense so far : the price in below the Halving-level and this happened just another time before. Anyways, from an historical and fundamental point of view, the price has always increased after the halving (that's the aim). Are there any fundamentals points which have to be essentially consider for a fair analysis ? Are institutions and big whales a turning player for this halving as never before ? Let's see..
Long
by itsmcasalinii
Why BTC is going down ? Follow up Today, BTCUSDT has reached one critical point. In the past analysis linked here, we were waiting for two left-behind point, one between 56k and 53k and another below 51k, around 45k. The price recovered the inefficiency, kept the lateral movement on the 60k resistance, consolidated by returning to the 63k level. I was looking for a probable BARR but, as said in the past analysis, the pair had few liquidity and interest point to reach before increase and start the post-halving bull run. The decreasing trend line fake out on the begin of the month can be mistaken for a break out, but the price did not draw a strong BOS and satisfying the fibonacci TP and level on the monthly inefficiency level (purple line). This new bearish movement of the last few days included all crypto pairs. Ethereum, Ripple, Solana, Dogecoin... everyone's price decreased. From a technical point of view, the price have reached our POI, point of interest zones. For Bitcoin we were waiting a recover around 56-53k, which were a inefficiency zone left behind from February 2024. It's impressive the reactivity of the price around our levels, snipers ! There are still areas to cover. On higher tf, the price is creating a M-pattern, indicator for an imminent bearish run. It would be in line with our analysis. The price would cover those missing areas, consolidating and the start a bull run. I am confident on a return around 42k before the long run. I have just a note, a little thing that does not make sense so far : the price in below the Halving-level and this happened just another time before. Anyways, from an historical and fundamental point of view, the price has always increased after the halving (that's the aim). Are there any fundamentals points which have to be essentially consider for a fair analysis ? Are institutions and big whales a turning player for this halving as never before ? Let's see..
Long
by itsmcasalinii