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ETHHEDGEUSD trade ideas

Ether Takes The Lead | Will Ethereum and Bitcoin Detach?Hardly ever I look at the Ethereum (ETHUSD) chart since both Bitcoin and Ethereum tend to move together. Whatever I see happening with Bitcoin normally is also true for Ethereum. For example, notice the bullish wave from July 21 to August 23, exactly the same for BTCUSD and ETHUSD. Things are different right now. Ether (ETH) just moved ahead of Bitcoin and went on to hit a new high today... This is great news. While Bitcoin is still strong but showing some bearish signals. How to read this signal in comparison to Bitcoin? In the past I used to use Ethereum to predict the next Bitcoin move as it was ahead by a few days or hours, the signals tend to be easier to read. Seeing Ethereum move ahead, can signal that Bitcoin will eliminate all bearish signals and continue to grow (bullish/green) next. Another scenario is where Bitcoin and Ethereum detach from each other. Ethereum has all the Apps, NFTs and smart-contracts going on... With the cryptocurrency market evolving so much and so strong, the King and Queen of crypto detaching is something hard but can definitely happen. Personally I believe if ETHUSD is to move straight up and go ahead, I think that Bitcoin will follow instead of detaching... A bullish Ethereum, bullish Bitcoin as well. And vice versa. We are looking for Ethereum to hit $6,000 but it can take a while... I just saw this now... The Altcoins (in general) are behaving strongly as well. If this (ETHUSD going up while BTCUSD hits lower highs) goes on for more than today, I will update my view on Bitcoin taking this information into consideration and tell you what I see coming next. Make sure to hit LIKE now if you want to stay updated. Thanks a lot for your support. Namaste.
BITSTAMP:ETHUSDLong
by AlanSantana
Ethereum Update With Same $6K Target On Strong Bullish Breakout We have the same chart here we looked at on August 4, Ethereum aims at $6000 (see it here) . We have really strong technicals in favor of the bulls/green side. The consolidation has been really strong with the price staying above the blue space on the chart (our "last barrier"). The price not dipping lower is a good/positive signal. The longer we have this type of bullish/sideways consolidation at the top, the better the outlook becomes for the bulls. Breaking below EMA21 ($3165) would be a bearish signal yet we remain strongly bullish above the EMA50 line at $2680. Overall the outlook continues to be pretty good. Ethereum (ETHUSD) continues strong. Namaste.
BITSTAMP:ETHUSDLong
by AlanSantana
Perfect Levels capture !!COINBASE:ETHUSD #Learning: How to find the market momentum with these levels: If the candle closed crossing the level, next candle moving in same direction can be considered as that side momentum is going on. Ex: 44600 level marked, candles moving from up side to down side, crossed the level and closed below the level, next candle opened and moving towards next lower level it can be considered as bearish momentum and then high chances, it will touch the next lower level, supporting Volumes !! Same applies for bullish momentum, candles moving from down to upside and crossing the line and closed the candle above the line and next candle moving towards up, then it can be considered as bullish momentum and high chances next target will the next high marked level. Remember, Candles are interrelated, careful about fake breakouts, unless candle confirmations are not there, its not safe to enter !!!
BITSTAMP:ETHUSDLong
by Market_Order9
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