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ETHEREUM trade ideas

ETHUSD what's next?As we can see, ETHUSD has been falling since May 12. On May 12, the price reached a high of $ 4350. Now the price has dropped by almost 50%. The price bounced off the $ 2,160 support level and went up, but failed to break the $ 3,000 resistance level. On May 19 and May 21, the price tried to break through the support level and there were false breakouts, but the price rose again. If the price breaks the support level, then ETHUSD may fall by 55% or 60%, and maybe more. But if the price breaks the resistance level of $ 3000 and gains a foothold there, growth is possible. If you like the idea, subscribe and like it. Good luck and big profits.
BITSTAMP:ETHUSD
by NaikoN81
Ethereum (Triangle pattern)Elon Musk's tweet on bitcoin had hitted crypto market badly, Ether(Crypto currency of Ethereum) had been falling from past few days, and currently ether is at one of its strong support. But we know that Ethereum is much better than bitcoin because it is not only used for transactions but it is a complete platform for development of decentralised applications, and for maintaince and using those dapps(decentralised applications) we require ether. So there is actual real life demand for ether, Elon Musk tweeted about high energy consumption by bitcoin, ether uses much less energy than bitcoin and we know ether is in the process of shifting to proof of stake system. Proof of stake will further reduce energy demand, making it more eco friendly, it will also increase number of transactions per second from 14 to above 1500. Further more according to EIP 1559, from July 15, few amount of ether will be burner(destroyed forever) with every transaction. This will make it more valuable than bitcoin because it will constantly reduce supply of ether, since some amount of ether will be destroyed with every transaction. Supply reduced = Price Increase. People don't understand blockchain technology like once they didn't understood computers, but if anyone would invested at that time, he would had seen huge profits, similar thing happened with internet, and this is web 3.0(blockchain). Because of all these upgrades, I see great demand increase of ether in upcoming months So it will be wise to understand that this fall in price is only for short term, ether will rise in long term. And a triangle pattern on a strong support indicates a reversal. It is advised to buy ether at any price below $3500, profit will be seen in short term, but if you are able to hold it till end of August(long term), it will be above $10,000(because of all the reasons given above)
BITSTAMP:ETHUSDLong
by AniketK07567339
Ethereum Bullish Weekly Close | Will It Hit $4,9K or $5,3K Next?We have another very good close for Ethereum (ETHUSD) on the weekly timeframe. Last week closed above $3,600, this can lead to even higher prices. Now, $3,900 might sound like a lot but only if you are comparing to earlier prices... Remember when Bitcoin was $3,000? Bitcoin is now worth over $58,000 for one single coin... Ethereum can go through something similar... Remember that this bull market will last for years to come. There is a lot of room at this point for a correction to take place... But we are reading charts here, just as we have room for lower prices we also have room for more gains. Trading or not, buying or not, will depend if you are buying for the short or long-term. Based on my Fib. projections, ETHUSD can hit over $4900 next. We are supported by the TD sequential, the RSI and the MACD as well. This is a tricky one... Make sure to plan before you trade. Will you hold if you buy and it drops?
 If it rises, will you sell, how much, and when? Let us know in the comments... Thanks a lot for your support. Namaste.
BITSTAMP:ETHUSD
by AlanSantana
1
No Signs Of Stopping | Ethereum To $4,444+ Or $5,000+ ??? EtherEthereum (ETHUSD) continues with its very strong bullish bias and price discovery action... How much higher can it go? Everything continues to point higher. More and more adoption news, events taking place. More companies integrating cryptocurrencies into their platforms. Something many believed was impossible just a few months ago. We held through the entire bear market. We continued to be positive, we fought, we cried, we lost... Now, we are rewarded a 100 fold. We trusted the market, our feelings, the charts, the signals, the vision, the dream... Everything that crypto was promising has become true and the market continues to evolve. We could not predict NFTs nor DEFI, but these are also growing and there will definitely be more. Innovation is what this market is now becoming known for. Ethereum is showing no signs of stopping... Let's see how far up we can go. The targets are mapped on the chart. What's your take... Correction or more growth? Share in the comments with us. Namaste.
BITSTAMP:ETHUSDLong
by AlanSantana
1