$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
Search in ideas for "Ethereum"
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
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.
ETH/BTC Crashed 70%! Target Achieved! Now Real Bull Market ?ETH/BTC Crashed 70%! Target Achieved! Now It's Time for the REAL Bull Market
◾️ Our Short Entry: 0.075 BTC ✅
◾️ Current Price: 0.02337 BTC ✅
◾️ Total Drop: -70%
◾️ Target Achieved! Now, we are ready for the actual Bull Market!
💰 Accumulation Phase Begins! Time to start positioning for the next big move.
#Crypto #Ethereum #Bitcoin
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..
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..
ETH TRADE ANALYSIS ON DAILY TIME FRAME ETH continues to show consolidation as traders build potential for upward trend. If the US Ethereum ETF goes live between 2 - 4 July, it might trigger for long bull run. The chart indicates a symmetrical triangle against a bullish move suggesting potential growth.
Chainlink Shiba Inu Ethereum Chainlink (LINK) had been in a decline mode from the $19 resistance and has declined above 20% in the last 14 days. At press time, it has traded at $15.379 with an intraday gain of 1.63%.
Shiba Inu (SHIB) is down by 30% in the last 14 days after facing a decline from $0.00002950. At press time, it has traded at $0.00002163 with an intraday gain of 1.75%.
Ethereum (ETH) has plummeted from the $3960 peak resistance and its price has been down by more than 9%. At press time, it has traded at $3517.1 with an intraday surge of 1.40%.
$ETH Bull Flag Waiting for Breakout CRYPTOCAP:ETH Bull Flag Waiting for Breakout
ETH ETF approval date is around the corner. Major resistance at $3100 level. If it breaks $3200 resistance, we could see #ETH toward a new all-time high at $5000
However, below $3200, we might see $2400
Monitor the bull flag pattern closely.
#Ethereum
$ETH Flag Pattern Alert: Below $2000 or Above $3300 for Bull RunCRYPTOCAP:ETH Flag Pattern Alert: Below $2000 or Above $3300 for the Next Bull Run
Bullish Outlook: #Ethereum is forming a bullish flag pattern, but the real confirmation will come with a breakout above $3300. Until then, don't fall for potential fakeouts.
Entry Strategy: Consider buying below $2000 if prices dip. A sustained breakout above $3300 could propel #ETH toward $10,000.
Support: $2200/$1500
Resistance: $3300/$4000
Watch Out: Keep a close eye on price action before making high-leverage trades.
ETH/BTC Chart Overview in monthlyETH/BTC Ascending Triangle Chart Analysis
1️⃣ Forming Strong Ascending Tringle in Monthly Chart
2️⃣ Price holding Strong Support at 0.045 BTC Level
3️⃣ Not Expecting Much Move but Expect Max will hit 0.150 BTC
4️⃣ If hit ETH = 0.150 BTC then CRYPTOCAP:ETH
Price will be FWB:12K -$15k
5️⃣ Supper Bullish Spot Ethereum ETF News in Q2
My Demand & Supply zone on 4H Swing Chart of EthereumTime Frame : 4H
Chart Type : High-Low
(High-Low chart type filters noise from the chart and gives us a candle with High-Low)
The resistance zone is marked on the basis of the bearish move of 13% in 10 days (13August to 22August). The price has marked a zone of 1618.50 to 1660 and now the price has further declined 5% from this zone. Now the price is at the support of the previous low of 1550.
For now we mark a support line at 1550 and as price moves we decide for our support zone with the help of High-Low chart.
Support - 1550
Resistance Zone - 1618 to 1660
Hope this helps.
Thanks
Sardar Simranjit Singh Virdi
Track the correction on 30min in Ethereum to catch the big move.Candlestick Chart
+ The moving average lines are contracted.
+ Track the price until it crosses either 50ema or 100ema lines.
+ It may test the level of 200ema to end its correction.
+ So, the levels of 1600 to 1626 may be tested to complete the correction.
Renko Chart (Brick Size = 7.5)
+ Fibonacci Retracement
The price can test the level of 1626 which is 38% level of retracement.
Conclusion:
1. The coin is in the correction mode.
2. Wait for the correction to be completed.
Thanks
Er. Simranjit Singh Virdi