ETH 3800?3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800 3800
ETHUSD.P trade ideas
BUY AND SELL ZONETHIS IS KALKHARABS OF CRYPTO TRADER
Eth Buy or Sell Zone Shall we hold or Buy Or Sell
Legs upWill overlap with Ethereum hard forking today although we are finally showing signs of weakness on lower timeframes.
Legs upWill overlap with Ethereum hard forking today although we are finally showing signs of weakness on lower timeframes.
Ethereum Whales UpdateEthereum Whale Account Transacts 100,000 ETH Coins Amid Price Dip.
Ethereum, the world's second-largest cryptocurrency, has fallen sharply in price over the last few days. Amid the dip, an ETH whale has transferred a significant amount to an unknown wallet. The value of the transaction — 100,000 ETH coins, around $181 million (roughly Rs. 13,500 crores) — was highlighted by Whale Alert, a blockchain tracker and analytics company. Hours after the transaction, Ethereum has been showing an upward trend, gaining more than 6 percent in just 24 hours. Given the positive market trend, the person who bought the digital coins stands to benefit hugely from the transaction.
In the world of finance, a “whale” is an entity with enough power to impact the market of an asset by triggering massive transactions. However, the main issue with whale accounts is that they often accumulate billions worth of digital coins, allowing them the capability to influence the cryptocurrency market single-handedly.
According to data published by Whale Alert, the transaction took place around 9:30 PM (IST) on Monday. At that time, Ethereum price was around Rs 1.36 lakh. However, in the past 24 hours, the crypto coin has gained more than 6 percent in value, showed Coinbase data.
In a similar large transaction earlier in June, a cryptocurrency whale had transferred 50,000 ETH coins “from unknown wallet to unknown wallet”, Whale Alert had reported.
Ethereum, the Bitcoin rival, has an estimated market capitalisation of Rs 16.2 trillion, according to Coinbase. The recent fall in its price has been partly attributed to one of its co-founders quitting the cryptocurrency industry.
Anthony Di Iorio, who helped build Ethereum in 2018, said he was quitting the cryptocurrency ecosystem because he wants to solve “large problems”. The 48-year-old told Coindesk that he doesn't want to be known “as a crypto person”, but instead wants to be known as a “problem solver”.
Di Iorio said he plans to sell his stake in Decentral, a blockchain startup, and move to "larger world problems". He's reportedly involved in Project Arrow, working on creating a zero-emission vehicle.
Ethereum "Last barrier" | Aims At $6,000We've been looking at Bitcoin lately and neglecting Ethereum and other Altcoins... What a surprise to see the ETHUSD chart.
Join me for some cryptocurrency chart related entertainment.
Ethereum (ETHUSD) Daily TF Chart Analysis by Alan Santana
ETHUSD is now facing resistance while slowly but steadily moving higher...
We can see a strong resistance level between $2700 - $3000, which I am calling the "last barrier".
If this level can be taken out, which seems very likely to happen, we can see Ethereum hit $3800 to move and challenge next its All Time High.
Depending on how the ATH is handled we can aim at $5000+ to hit $6,000... This is all strongly possible in a flash.
The chart we are looking now fully support the scenario I describe above.
We have low volume yet prices are cripping up.
We are in the summer yet crypto remains strong.
We have a very strong RSI and MACD.
If the whales/bots/market makers push the bottoms, we will see massive/sudden bullish action form.
As the last barrier is taken out, we can see ETHUSD hit $6,000+.
This is how Crypto works...
One day it is completely as sleep.
The next day it is worth more than Gold.
Namaste.
ETH-USDOnly 2 days are left for Ethereum's Hard Fork, this upgrade will be very critical for the Ethereum based dApps. Ethereum London Hard Fork popularly known as EIP-1559 Upgrade is scheduled to go live on August 6th. The upgrade is expected to reduce the gas fees being charged on transactions by implementing a base fee pricing mechanism that would dynamically change with respect to the congestion in the blocks of the Ethereum blockchain.
On the Daily TF, ETH was trading in a Bullish Descending Triangle pattern and on 29th July, it gave a strong breakout from its resistance after forming a Double bottom kind of formation. Currently, it is sustaining above all its major and minor DEMA's. Also, the short term trend is turning bullish as its 50 and 100-DEMA is giving a bullish crossover.
Daily RSI is not indicating overbought conditions yet which suggest that the current rally can continue in the coming days also. On-Chain data is also showing a positive structure, as per the Santiment(On-chain data insights provider), unique active addresses on the Ethereum network has surpassed BTC address activity.
Key levels to watch out for:
The nearest support is present at $2400 followed by $2250 as its 50 and 100-DEMA is also present at this level. If it closes below this level, selling pressure is most likely to continue till the level of $2K
The immediate resistance is present at $2650, if it decisively breaks this level, the next major resistance is $2850 followed by $3100.
Good move ETH target 2650.00#ETH very bullish🚀 taken from 2480.00 ... Good move .. It will definitely hit 2650.00
Best Sell opportunity for ETHUSD BEARISH BAT PATTENRN
SELL ETHUSD @ 2630
S.L - 2730
T.P 1- 2400
T.P 2- 2150
T.P 3- 1950
T.P 4- 1700
Good News For Ethereum- Resistance Breakout & RSI DivergenceFollowing Chart is of ETHUSD which Clearly shows the breakout of the price from the Resistance Level. Wedge/ Trend line breakout could also be seen. Also we can see RSI Divergence, in this case, the price is making lower top lower bottom whereas the RSI is making Higher top Higher Bottom.
This means that finally the bad days for Crypto are over and we are heading towards a strong uptrend, technically.
Do follow for more trading setups like these
Thanks, if you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
DON'T MISS THIS SHORT POSITION IN ETH ASAP! - TAHello Guys,
This is Vansh here. So here is a massive resistance at $2190 which was rejected yesterday. The price of eth is trying to hold the support of $2138, But it can break if the resistance of $2190 is respected again. The price is a bit volatile and pumped now with less volume comparative to last week. So, we can expect a pull down in it.
ETH Trade Position - As I stated, The position can be on the resistance level with strict S.L, You can scalp to avoid risk.
Short - Position - $2190
S.L - $2210
T.P 1 - $2138
T.P 2 - $2047
and Then, you can move your S.L according to your risk management.
Hope, You like it. Thanks
💡Don't miss the great buy opportunity in ETHUSD @ethereumMidterm forecast:
While the price is above the support 1705.700, resumption of uptrend is expected.
We make sure when the resistance at 2910.700 breaks.
If the support at 1705.700 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 1719.100 on 07/20/2021, so more gains to resistance(s) 2035.000, 2178.000, 2346.350 and maximum to Major Resistance (2910.700) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 48.
Take Profits:
TP1= @2178.000
TP2= @2346.350
TP3= @2544.450
TP4= @2910.700
TP5= @3500.000
TP6= @4000.000
TP7= @4367.500
TP8= FREE
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ETH/USDMy opinion , we will see price gain after upgrade of EIP-1559 burn protocol *reduce supply-
ETH find R in 2000$
more details look to the chart.
Hammer formation in ETH USD - Bullish signalIn one hour chart and in four hour chart hammer formed, which is a bullish confirmation. It is also formed in the support zone
