Ethereum Market Cap IdeaIdea for ETHMCAP
I expect the bull run to continue while the channel on the RSI is intact
Sitting above (1) level on the fib retracement
This is a bullish sign
The only bearish sign is the price action above (1) which is similar to the price action when the top occurred in the previous bull run
However I think the bulls will prevail, take my bias into account though
Ethereumusd
eth pushing above the 0.7 FIB levelIf we see a daily candle close above current levels which will be above the 0.7 FIB level i believe we will see a strong push to the ATH/ FIB level of 1. Our Macd is looking very bullish and is showing no signs of slowing down, aswell we are seeing good support from our ichimoku cloud continuing to print green support clouds. I think if we do see a push to the ATH we may encounter some heavy resistance and could reject us the first try, but ultimately i see us breaking this level in the coming week and then continue on the push higher creating more support and new ATHS! Not financial advice just my opinion.
#ETHUSDT #1H #ethereumHi guys..its the latest analyze chart of #ETHUSDT in 1H time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
ETH 2 more FIB Levels till ATHETH has been performing amazing and with a recent golden cross on the MACD i think we are bound to push for that ATH and eventually a new one! we have 2 more overhead FIB levels we need to break before we achieve a new ATH, the upcoming 0.7 FIB where we were recently rejected and the ATH FIB of 1. the ichimoku cloud has been bringing us big support and looks like we could start to see the form of another big green cloud. Overall long term very bullish on ETH, also EIP 1559 upgrade expected to go live in July or August could have us see even more upside . NFA just my opinion.
Ethereum Short Term Bearish ScenarioUsing the channel tool we can plot a channel for the recent bull move
Similarities can be seen in the beginning of the channel to now (fat arrow)
Suggesting a bear move
Black dotted line is a possible support line and the best area to enter
I have faith that Ethereum's bull run will continue long term however
I am long Ethereum, hence my stance on this idea.
ETH-BTC Indicator Analysis - BullishA bullish case for ETH-BTC
Similarities in price action can be seen within the boxes
This is better shown on the log trend indicator
The 200MA is extremely flat, suggesting that it may rise rather than fall
Also the Ichimoku indicator shows that price has broken above the cloud, now the cloud will act as support for price rather than resistance, such as it did in the previous scenario (first box)
Attaching some other ETH-BTC ideas
I am long Ethereum..
Stretching BTC DominanceETH is in an ascending broadening wedge
BTC.D is at the top of a descending broadening wedge
As a major altcoin I expect ETH to move in the opposite direction of BTC.D
Ultimately however my belief is that ETH will be carried to the top by bitcoin
It's either that or a flippening, and chaos would ensue if that occurred, unneeded chaos..
Ethereum Chart ArtUsing triangles to make cool colour patterns
In this case it is the recent uptrend formed on Ethereum
I believe this channel formed will breakout to the upside in a strong fashion, it is just a matter of time
Enjoying making cool patterns like this
Linking some more serious ETH predictions
ETH looking for that move upETH looks good we have broken through the 0.3 FIB we will just need to close out the daily candle above this FIB level, then i think we will see some upside, also the Stoch RSI has came out of the oversold area and looks like its coming back up. We will want to see a MACD crossover to bring the Blue line ontop of the orange, which it looks like we could see that soon. Next target level to break if everything keeps going the way it is, is the 0.5 FIB level. Not financial advice just my personal opinion.
ETH battles immediate resistance, and bulls look toward $2,000
Ethereum is on the verge of a breakout, but first, it must break the 50-day resistance.
A step beyond the ascending channel’s middle boundary will open the door for gains aiming for $2,000.
Ethereum managed to sustain the uptrend above $1,400, avoiding the drop to $1,200. Recovery, although gradual, seems to be coming into the picture toward the end of the Asian session on Wednesday. Ether is exchanging hands at $1,520 while bulls fight to break above an immediate but crucial resistance level.
The daily chart highlights the resistance brought about by the 50 Simple Moving Average (SMA). If bulls overcome this hurdle, the journey toward $1,600 will become apparent. On the other hand, bulls must focus on stepping above the seller congestion zone at $1,600 to pave the way for gains eying $2,000.
The bullish outlook has been validated by the Relative Strength Index (RSI) as the indicator slowly approached the midline. A further movement toward the overbought area will cement the bulls’ influence over the price.
Simultaneously, Ether is trading within the confines of an ascending parallel channel. The pattern’s support played a key role in stopping the potential losses to $1,200 earlier this week. Moreover, buyers are using the lower edge of the channel as a springboard to higher levels. Note that trading above the channel’s middle’s boundary resistance might trigger massive buy orders as Ethereum is catapulted toward the coveted $2,000.
On the other hand, the remarkable breakout may fail to occur if the immediate 50-day resistance remains intact. Simultaneously, if overhead pressure increases, Ethereum will retest the support at the channel’s lower edge. If this buyer congestion zone is shattered, ETH will spiral toward $1,200 in search of formidable support.
Ethereum intraday levels
Spot rate: $1,520
Relative change: 30
Percentage change: 2%
Volatility: Low
Trend: Bullish
ETH-BTC Wedge Breakdown Eventuality Using more indicators
We can see similar MACD formations between these two price points (purple ovals)
Also similar price formations, with a common bounce of a MA line between the two
Evidence suggests that this wedge that has formed bullishly will break down, bearishly
A head and shoulders can also be identified on the RSI weekly chart
^ above idea suggests continuation, scrap that, bearish action is favored
This is the wedge above that price is currently within
Layered Circles, ETHUSDUsing circles plotting the downtrend and uptrend
Some correlations can be seen between the two
Areas of support in green, red are resistance areas
Yellow is where a resistance area within one circle turned to a support within another
Ethereum is preparing itself for a large breakout relative to BTC
The NFT (non-fungible token) craze is propelling ETH to a greater potential
Love these Fib circles, Hope you enjoy.
Bix
ETH IS ABOUT TO MELT FACESWe have heard a lot of talk about ETH Gas Fees, DOT is taking over, ADA, SOL . . . BLA BLA BLA. Let the Alt king show that patience pays off. I would expect this bad boy to melt faces soon just like BTC did earlier in the year. The longer the consolidation the louder the bang. . . . Needles to say I am continuing to accumulate at these levels and look forward to seeing my net worth grow.