🔥 Why does Ethereum fall after the MERGE? Where the fall stop?Hi friends! ETH fall after the merge and even BTC make a local pullback on this fall. But how long will the price fall and where is the best place to buy?
✅ Fundamental analysis
📊 What event can be compared to the Merge to understand how the price will move further?
The most acceptable event for us is not the fork of some atcoins but the BTC halving✅ After the halving BTC price is falling for the some time. This happen because of the high retail traders expectations. A lot of retailers wait for the PUMP on the halving but get only BTC conolidation or local decline.
🚩 So the fall after some crypto events it`s not something unusual if we compare the MERGE and BTC halving. This fall is liquidate overleveraged traders, force retailers to close their trades in loss. And it`s good for us, the desciplined traders who know what to do on such bear and crypto events markets as we are.
📊 Why could Etherium lose its Altcoin #1 status?
After the PoS switch, 46% of transactions in the Etherium network are controlled by only 2 validators (2 addresses). As far as we know, the main advantage of cryptocurrency over fiat money is decentralisation.
If the situation does not change soon and many new players do not appear, we can forget about decentralization on the new Ether and the price may fall even lower, as big players will start to slowly sell off this insecure cryptocurrency.
✅ Technical analysis
📊 The downtrend.
Ethereum is in a downtrend as we can see on the chart. If the cryptocurrency is in a downtrend, then no event will help to grow, especially such a large cryptocurrency.
The series of lower lows (LL) and lower highs (LH) continues. We have to wait the new higher highs (HH) and higher lows (HL) to get nice longs and make money on the growth.
📊 The value areas where we can expect the price reversal are:
1. $1050-1250 - the closest value area
2. $530-660 - an area, which with a probability of 90% the price will not reach, but it is worth to mark
✅ I`ll be looking for the whales orders to BUY on the DOM and Footrpint scalping tools. For example, 3000-4000 ETH orders to buy confirm me the WHALES pressence. A several days ago it helps me to identify the large sell order WALL after what the price of BTC and ETH, so that are very usefull tools.
🚩 Pay your attention to the volume indicator if you don`t use DOM and Footprint. Actually it has less efficiency than that scalping tools but also can confrirm you the pressence of whales!
Also, the squeeze to the global trendline will be a good signal after the such DUMP. Don`t miss the enrty point and don`t lost your deposit before the bull run in the 1-2 years! Now it`s better time to learning, testing new tools and strategies, especially for the beginners!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ETHW
Ethereum Analyze (Short term/Timeframe 15min,10/04/2022))!!!⏰Ethereum completed wave 5 at PRZ (Price Reversal Zone).
I expect Ethereum will go down to the 🎯target🎯 I specified in my chart.
Ethereum Analyze ( ETHUSDT ) Timeframe 15min⏰(Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ETHW/// OLD ETHEREUM /// DUMP IT /// NOW Hi
Go and dump the ETHW
Perfect short.
This is the Ethereum on Proof of Work, no one will use this any more.
Dump it like LUNA
Dump it
Don`t FOMO, always can pump 50-100% to kill all shorts, BIG players are hunting the order books. Sell on DCA and wait for confirmations
Good Luck
ETHW USD Cup and Handle Possibly Playing Out! Target $24 -$34ETHW has formed what looks like a nice cup and handle . There is a nice increase in volume this morning and the price is beginning to creep back up towards $14. If ETHW breaks $14 and closes above on at least an hourly then I would say the pattern is complete and a measured move to at least $24 dollars, and then $34 if its still going strong at $24. I will be waiting for the break of the neckline with decent volume for confirmation the pattern is valid and playing out. This coin is extremely volatile so proceed with caution.
If ETHW gets to previous resistance at $14 and does not break and loses steam, then this would be a nice double top and a correction down to $8 and then possibly $6 would play out
This is not trading or financial advice this is just my opinion. Thank you and good luck my friends.
ETHW USD Cup and Handle Possibly Playing Out! Target $24 -$34ETHW has formed what looks like a nice cup and handle. There is a nice increase in volume this morning and the price is beginning to creep back up towards $14. If ETHW breaks $14 and closes above on at least an hourly then I would say the pattern is complete and a measured move to at least $24 dollars, and then $34 if its still going strong at $24. I will be waiting for the break of the neckline with decent volume for confirmation the pattern is valid and playing out. This coin is extremely volatile so proceed with caution.
If ETHW gets to previous resistance at $14 and does not break and loses steam, then this would be a nice double top and a correction down to $8 and then possibly $6 would play out
This is not trading or financial advice this is just my opinion. Thank you and good luck my friends.
Ethereum (Proof of Work, 9/26/2022) Analyze!!!Ethereum Proof of Work was able to complete microwave 4 by zigzag correction, and I expect that Ethereum Proof of Work will touch at least the last top again(grow at least 35%).
Ethereum (Proof of Work) Analyze (ETHWUSD), Timeframe 1H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Ethereum ETH Bearish Sentiment Friday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
ETH/USDT short
Entry Range: $1300 - 1390
Take Profit 1: $1220
Take Profit 2: $1135
Take Profit 3: $1065
Stop Loss: $1590
ETHW ETHEREUM POW Primed For Takeoff! $18 Next Big ResistanceETHW has been moving up steadily. I see lots of buy orders on exchanges with many less sell orders. This is being accumulated in my opinion and is about to rocket back up to previous highs. Next major resistance is around $18 maybe a few stops and bounces on the way to $18 around $10 and $13 but this could run quick since there really is not many to buy at the moment. Even if this coin doesn't succeed in its mission there will still be a FOMO pump just like with all the other major forks. $18 is my shorter term target with potential longer term targets up to previous highs when it was just IOU's trading around $60. This is not trading or financial advice this is just my opinion. Thank you, like and follow for more updates on your favorite coins.
INVALIDATION:
ETHW may bounce off $7.50 but if that fails then we may head back down to next support around $6.50 and then $5.50 which is heavy support! I think a pump is more likely though.
ETHW & ETC AWESOME FRACTAL! MIGHT WANNA LOAD UP ON ETHWI went back to when Ethereum Classic originally forked from Ethereum back in the day and wanted to see what the price action was like then to see if I could compare it to the new fork ETHW . What do you know the fractal looks eerily similar just on different time frames. Might be a good potential long here on ETHW . This is not trading or financial advice this is just my opinion. Thank you
ETHW & ETC AWESOME FRACTAL! MIGHT WANNA LOAD UP ON ETHWI went back to when Ethereum Classic originally forked from Ethereum back in the day and wanted to see what the price action was like then to see if I could compare it to the new fork ETHW. What do you know the fractal looks eerily similar just on different time frames. Might be a good potential long here on ETHW. This is not trading or financial advice this is just my opinion. Thank you.
ETHWUSD - Targets and StoplossHello everyone, let's take a look at the 4H ETHW to USDT chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 5.86
T2 = $ 6.35
T3 = $ 6.78
T4 = $ 7.17
and
T5 = $ 7.78
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 5.56
SL2 = $ 5.21
SL3 = $ 4.93
SL4 = $ 4.64
and
SL5 = $ 4.25
Looking at the CHOP indicator we can see that in the 4H range we have a lot of energy, while the MACD indicator shows the local uptrend.
ETHW DCA ...ETHW is good old ETHEREUM proof of work. Transactions need to be mined by GPU by HARD WORK.
Proof of work is most secure form of blockchain.
Numbers are COMPUTED (WORK) not only validated (as proof of stake).
- So ETHW needs to settle down and stabilize.
- There is not much TA to do.
- This coin is to be to buy dollar cost averaging.
- Volume increasing
- It has upward potencial ...
Im not only one who think same way ...
ETH POW ETHW Cup and Handle Formed, Targets $9.5 - $10.5ETHW has been really volatile and bearish because everyone is selling their free ETHW. I think the ones who sold now will regret it in the future but thats just my opinion. A nice cup and handle has formed and a measured move would bring ETHW to around $9.5 and an extended target of $10.5 is possible as well which is also a resistance zone. There isn't very much liquidity right now in this coin so these prices are really volatile.
Don't forget people, the new Ethereum POS is a brand new chain, and enyting can happen. I can almost bet that no new capital will be flowing into Ethereum and I don't mean Joe down the street I mean big money. No big investor with half a brain will risk that, its new and needs years for big money to feel comfortable investing in it again. If and when something goes wrong with the new chain you better believe that everything will flock back to ETHW the original chain that WORKED just fine, including the value of Ethereum!. Good luck out there. This is not financial or trading advice this is just my opinion. Thank you
ETHW (ETH PROOF OF WORK) 4 hr chart, UPDATE!ETHW (ETH PROOF OF WORK) 4 hr chart
just looking bat this chart, I see right away
Hidden Bullish Divergence...thats where the
RSI (RELATIVE STRENGTH INDEX) charts a
higher low and the price charts a lower low.
Bc its so new and not alot of Data, that what i
see right now quickly. Ill keep it updated.
I see its still holding $8.00 which is big support
this short into the new POW era, the RSI
cannot break down beneath the line i have
in the sand listed or its going lower.
ETHW 18$Paradigm explained that:
“We can infer how much the market estimates ETHPOW will be worth from simply looking at spot-future basis, since spot = PoS + PoW, while future is just PoS. Currently, the basis implies ETHPOW to be priced ~$18, which is ~1.5% of ETH market cap.”
Ethereum pow can increase to 18$.
ETHW EthereumPoW The Original Ethereum Blockchain !ETHW EthereumPoW is The Original Ethereum Blockchain powered by Proof of Work.
It is distributed to all ETH holders who claimed it, so it should have the same supply as Ethereum ETH of 122 Million coins.
Assuming that all the holders claimed the tokens, which is hard to believe, at the current price of $8.9 the market cap would be around 1Billion, which it is lower than Terra Classic LUNC which i consider a worthless coin.
Compared to Ethereum`s market cap of $172 Billion, this ETHW was quite a small dividend, 0.55%, after the Merge.
I don`t think too many people sold it because it`s "free" money.
I would rather long it here!
The resistances i`m watching are $29 and $51.
Looking forward to read your opinion about ETHW.
ETHW (ETH PROOF OF WORK) 4 hr chart, LOOK!ETHW (ETH PROOF OF WORK) 4 hr chart
just looking bat this chart, I see right away
Hidden Bullish Divergence...thats where the
RSI (RELATIVE STRENGTH INDEX) charts a
higher low and the price charts a lower low.
Bc its so new and not alot of Data, that what i
see right now quickly. Ill keep it updated.
ETHW ETHPOW Pennant Failed, Now In Channel Target Is The SameETHW this is an update to my previous analysis. ETHW broke down and the bull pennant failed. Now in a descending channel, finding support around $10.50. People are selling their free ETHW coins right now so we need to be patient. This is also so new so analysis is hard because of liquidity at the moment. If ETHW breaks down out of this channel then we could see single digits. This is not trading or financial advice, just my opinion. Thank you for checking out my charts, follow me for more updates.
ETHW ETHPOW USD : QUICK 2x Coming! This Thing Could Really Run!ETHW , ETHPOW, or Ethereum Proof Of Work, looks like its about to retest the previous high area. This could run pretty quick because there isn't very many coins for sale yet. The indicators are showing that a nice move is about to play out to the upside. Plus you never know this thing could really run. Lets say something happens with the new POS chain, where would everyone run to? They will probably go back to the original ETH where everything worked fine. Either way, this is high risk and just speculation, but the reward could be massive. This is just my opinion and not financial advice, good luck out there evryone.