Search in ideas for "Ethereum"
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.
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.
ETH/USD Forecast: Buyers Step in to Lift Ethereum AgainFor Ethereum to thrive, there must be a willingness among investors to engage with the crypto markets and their associated ecosystems, a trend that seems poised to gain momentum in 2024.
Ethereum experienced a downturn in the early hours of Tuesday, further underscoring the prevailing volatility in this market.
In the grander scheme of things, Ethereum appears poised to gain more momentum.
However, the current situation can be attributed to the rapid ascent it recently enjoyed, combined with the fact that we are navigating the period between Christmas and New Year's Day, a time when market liquidity tends to dwindle.
Major Support Level Below
A crucial level to watch is the $2100 mark, which should serve as a significant support zone. This level has not only provided support in the past but has also demonstrated resistance to buying pressure. Market participants are likely to bear in mind this historical significance, potentially presenting an attractive opportunity for value-oriented investors. On the upside, the $2500 level looms large, and a successful breach of this level could pave the way for a move toward the $3000 mark. Over the longer term, there is potential for Ethereum to reach the $3500 level. However, the immediate future is likely to be marked by choppy, back-and-forth price movements.
In terms of strategy, a prudent approach would involve buying the dips, but doing so incrementally rather than diving headfirst into the market. The next few sessions could be characterized by unusual price movements, making it essential to exercise caution. Nevertheless, Ethereum appears to have a bullish outlook in the long run, especially as interest rates in the United States continue to decline. This decline in interest rates has historically been favorable for the broader cryptocurrency market. As traders become more willing to embrace risk, Ethereum stands to benefit. Ethereum holds a unique position within the market as the foundation for numerous tokens and ecosystems built upon its platform. For Ethereum to thrive, there must be a willingness among investors to engage with the crypto markets and their associated ecosystems, a trend that seems poised to gain momentum in 2024.
As Ethereum charts its course into 2024, investors and traders should remain vigilant, closely monitoring key support and resistance levels underneath, and adopting a measured approach to capitalize on potential opportunities in this market, as the buyers will be under current levels to continue to lift ETH to higher levels, as the “cheap money” coming from the Federal Reserve will continue to be a major influence on not only the Ethereum market but also other cryptocurrencies.
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.
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.
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.
Neiro Ethereum (NEIRO) Tp1 min 60%Neiro on Ethereum (NEIROETH):
Capitalization: $90 million.
Listed on Binance Futures.
Contract: 0xee2a03aa6dacf51c18679c516ad5283d8e7c2637.
First Neiro on Ethereum (NEIRO):
Capitalization: $470 million.
Listed on Binance Spot.
Contract: 0x812ba41e071c7b7fa4ebcfb62df5f45f6fa853ee.
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.
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.
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.
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.
$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
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.
#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.
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.
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.
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.
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)
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