Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ETH update. ETH did quite a good rally in recent days and currently trading above $1700 level. According to this 1day chart, ETH is facing horizontal and trendline resistance confluence here. We need to break above this resistance for a further bullish rally...
Big short on white trigger, swing trade obviously see you there :)
In the 2-hour time frame, Ethereum broke the trend line that I drew in the chart and is pulling back to the trend line, which can continue its upward trend with the confirmation of the pullback. It should be noted that it is now in the daily resistance range and confirming the failure of this resistance can be very attractive. If the pullback is not confirmed, the...
Time Frame: 1 Week Indicators: MACD reversing up OBV up Stoch RSI up RSI up Price Action: The price at the beginning of the week was trading below $1517, and since the FOMC announcement it hard rejected that level and is currently sitting just above EMA13. This hints that the price action is ready to challenge the EMA21 (currently $1985 but expecting it to...
Since the June 18 low of $879 on the 1W 300SMA, Ethereum has rallied over 89% to $1,664 on July 24, to be rejected by the 1W 200EMA. Since then it has dropped by 18% and is now consolidating at $1,438. This appears to all be on the expectation that the conversion to Ethereum 2.0 and its new PoS protocol is going according to plan. Clearly the performance and...
Hello traders, welcome to the ETH update. Timeframe: 2 hours. Update: In my previous update, I mentioned two important support levels, $1500 and $1366. After the chart got posted, ETH did bounce back but quickly got rejected from the resistance level, it stayed for a while in the $1500 level but then got further rejected towards the second support level...
I don't often write on ETH but I'm warming to the CC. We have a beautiful 5 wave structure up that appears attracted to the 1.786% Fib Extension at $1948. I'm not a buyer, and I will not rule ETH extending that high...But everything seems to be topping at once. So I'll simply wish the ETH bulls the best and good luck as you close out those...
ETHUSD Daily cautiously bullish. Recommended ratio: 85% ETH, 15% Cash. *Cryptos, Equities, Commodities (aside from Oil) and Futures are all up; while DXY, Oil (due to recent increases in global output capacity) and Treasuries are all down. There's been a clear shift in market sentiment after the Fed raised another 75bps and Powell gave a couple of hardly dovish...
Hi again, everyone! After our previous LONG post we are now looking for SHORTs. Ethereum broke out above previous highs, however this looks more like a manipulation by whales to liquidate early shorters. An entry at 1730 with tight stops at $1745 ( 2% risk) and targeting first 7:1 RR at $1610 with a potential for 15:1 RR at $1510. With such high risk trade,...
hope you enjoy this This should happen if we do not break 25k bearish: 25k target for short bullish: if it break 25k might see 40k again.
Eth just surpassed the 4 Hour Resistance! Next stop — The Moon. Side Note: It's always incredible to see how price gravitates towards Key Levels, even in Crypto.
LPT target was 50-60% on 14 July 2022 Expected time to hit target 22 days But It went more than 75% in just 15 days See 14 JUL 2022 my anaylsis for LPT Have great one as usual Regards
Actually didn't plan to open up a lot on this video, but here goes my complete breakdown of Ethereum market structure, levels i'm looking at and my positive relationship with price action. Sincerely wish one young trader like me finds this helpful. luv
Ethereum - after the gap is before the gap Nice pumps all over the Crypto World - especially for ETH I am still kind of suspicious since economy is NOT healthy at all But in a bullish scenario ETH might try to close a gap from May 9th that falls together with FIB golden pocket at $2.594-$2.677 But the way till there is long - give me your thoughts *not...
If we can't beat through the clear 24-24.5k resistance levels where we are slowing at this exact moment, this is just a fake out. Be careful out there. We must clear 24.5k resistance with strong volume!
Tomorrow we should have a confirmation to see where we going at New York session. Btc should dump again Don't long in a bear market wait for confirmation and be patient. Will post tp soon and I can see the bottom forming and I know when is the bottom.
ETH long idea - take most of the posistion at swing high point and take partials allong other TP's (green lines)
Entry: 1/3 of total position size on market price (pullback) 1/3 slightly above the 15m Wyckoff Support line (last point of supply after sign of weakness) 1/3 with the confirmation breaking swing low (continuation) Stop Loss: Slightly above Buying Climax Targets: 1)1257 2)1160 3)1016