Bitcoin Forum

Ethereum Going Massive !? - Price Analysis Ethereum News

https://www.youtube.com/watch?v=U2Ym0VjlwH4

Discover the latest technical analysis for Ethereum. Currently ETH funds support on major zone without permitting the market the continue dipping new lows, some great bullish signs, let's find out more in the video.

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oh hey, another one of your vids, cool, last one was ok :) gonna check this out now
btw, have you thought about uploading to one of the crypto creator platforms? or do you already?
Something like dtube or lbry :) its a good way to remove youtube as a middle man and could also help grow your audience maybe

I haven't watched any of Op's videos, but getting away from youtube is a fantastic idea in general.  Google has far too much power in today's world.

And Eth?  It's not making much of a move one way or another that I can tell.  It seems to just be tracking bitcoin's own fluctuations lately, and it's stuck below $200.  Still an excellent coin, tho and as I've written in a few other threads I'm anxiously awaiting the change to proof of stake, even tho I don't currently own anywhere near 32 Eth.  At least that number is achievable for me given enough time, unlike some of the masternode coins.

I'll bookmark that video to watch later, tho I'm not sure I'll like the technical analysis parts of it.

sadly the OP dosent seem to respond or engage his audience on here
tsk tsk, dosent he know thats a MAJOR factor to growing an audience? i saw somewhere that statistic, content creators that engage with their audience's grow like 200%+ faster
oh well, his loss i guess : /

I also didn't click and watch the video, (sorry OP).

However, if I can just chime in here, ETH seems to have a hard time breaking that $200 barrier again, so much resistance, so I guess it's more of a psychological barrier for now. If ETH breaks that $200 and sustained it, I guess we can say that it's on a sort of mini bull run. We also have to take into considerations that alt still depends on the price of bitcoin. So if bitcoin makes a significant gain, all altcoins including ETH will go increase as well. But the last time that bitcoin goes on a spike, ETH almost break that $200 barrier. I think that's one barrier that is too big for ETH right now.

Interesting video, even though it wasn't actually what I was expecting but that's okay. ETH is just kind of at the sub $200 level, it seems to be having a hard time breaking through that resistance. ETH is a very promising alt but for now, it needs to push past this resistance and till then, we possibly see a good price movement.

Nice Video. Your technical analysis skills are great. It was great to see things in another trader's perspective. ETH has been quite bullish of recent both in BTC and USD values. Bitcoins halving comes up in mid 2020 and a lot of people are eyeing a bitcoin pump closer to the time of the event. And If there's one thing I know, once everyois eyeing a level, It does become a self fulfilling prophecy. When that happens, I'm certain that ETH would ride alongside BTC. I didn't even mention that Ethereum 2.0 update comes in the first quarter of 2020. Things are about to get super interesting and Bullish with ETH.

It looks like a descending broadening wedge is what you are describing at 15:47. Although I don't understand how it is going to be a massive move? A break out upwards will see a retest of resistance at $260. I thought a massive move is above $300.

The only analysis that I can do on Ethereum right now is fundamental and the only fundamental factor that I see making the value of Ethereum to boost next year is the Ethereum 2.0 and also the halving of bitcoin, these are the two things that I can see that is going to massively make the value of Ethereum to break upward, but other than that, I really don’t see anything that will make Ethereum grow that much, except maybe bitcoin can make that dramatic move of sudden rise in value, and that can only make Ethereum to rise a little but not to the extent of bitcoin, except we witness a very big bull run generally. Most of the ico projects that would have helped Ethereum to grow are not witnessing growth themselves, so there is no way that Ethereum will grow through them.

That`s a good advice of not holding Ethereum but trading it actively. I also see that valuable movements in a short and midterm range, it is really clever to make a profit on a such market today.
I think the resistance is at 220-230$, these peaks were not beaten in August and September, so if the price will get to the 250$ we may see a good rally.

I think you should learn how to analyse price action too, aside from fundamental analysis. Because markets behave differently from what is expected by many analysts. Take for example, the US recession, everyone is saying that since last year, but the US stock markets keep breaking ATHs.

It's funny how the sentiment against the US economy has picked up while under the hood, the riskiest assets (which stocks fit into as well) are performing exceptionally well, and they have been performing well for years straight.

What needs to happen for me to finally start acknowledging that a recession is near, is to see capital being withdrawn from risk-on assets. As long as that isn't the case, don't bet against the economy because you'll get burned hard.

You know what old time professional traders say, “The trend is your friend, until the end when it bends.” - from Ed Seykota. And right now, all I hear from the media is that US recession is coming and it's coming really soon. I would rather see the trend actually bend first.