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ETH-USD

ETHEREUM - RISING WEDGE - NEGATIVE DIVERGENCES!Hello Traders, Here is an new update on ETH Ethereum. We can see on this 4 hour chart that there is a big negative divergence formed in the RSI. It is possible but of course not a guarantee that we will have an interim correction. We can also see a divergence in volume. Of course that is also bearish. Only if we break out of this rising wedge upwards with a lot of volume and the day candle also closes above the rising wedge then we can (in my opinion) continue the rise up to the targets in my previous analysis of Ethereum. Long positions are best and safest after a RE-TEST of the resistance level 3528 USD. That is a standard to go long after breaking all time highs. Stops for Short positions best to place just above the level at 3620 USD. You don't need to SHORT ETH but you can also have a buy pause because longer term view on Ethereum looks perfect! Important Support can be found at: Support 1 3189 Support 2 2961 Support 3 2798 (possibly a good buying opportunity) Support 4 2610 This is my personal view of Ethereum and not investment advice. Of course, always do your own research as well and only then take positions.
Short
by PegasusTechCharts
2
ETHEREUM - LONG - TARGET 4645 USD Hello traders, Here is a new update for Ethereum which has broken out of the medium-term upward trend channel. Ethereum has broken out to the upside with more than above average volume so I think the rise is sustainable. The targets for ETH are now: -> Target 1 3692 USD -> Target 2 4276 USD -> Target 3 4645 USD Support is now found in the ascending trend channel in case of a correction. Stops below the previous swing lows of course depending on your timeframe and Risk Reward and money management. A very important level which I use in my trading is always the 50% fib retracement level. Currently at 2816 USD but changes as we go up even more with ETH. Watch this level in case of a correction. Discalaimer: this is not a trading advice but purely my personal view on this fund.
Long
by PegasusTechCharts
2
Ethereum 4 month trendchannel - Is this the top for now?Hello Traders I would like to share this chart with you. It is the 6 hour chart of Ethereum ETH. You can see here an almost perfect trend channel over a period of more than 4 months. Interestingly, we have now reached the exact top of the channel with the latest rise in Ethereum. There is also a short but very steep trend channel in the larger upward trend channel. The Price has now converged with the short and long trend channel on the upside. It is now good to watch what happens next. My idea is that there should first be a correction to the current sharp rise. So I am not a buyer of Ethereum at these levels now. I prefer buying at the lower boundery of the trendchannel because of a much better risk reward and less risk. If Ethereum does break out further upwards I would certainly place tight stops to protect profits. A next target for a breakout from this long-term trend channel would then be 4000 USD. Please share your thoughts about Ethereum. Do you think it will have a correction or do you think it will break the upward trend channel and continues to rise. Please explain not only your view but more important the how and why! In the past Ethereum was not able to breakout this channel so it is very interesting how it further develops!
by PegasusTechCharts
13
Ethereum - Looks like topping out 3000 USDHello Traders, Here we see the 4 hour chart of Etherum. As often, a picture say more than a thoussand words. We are in the top of the trend channel and the target of 3000 USD is almost reached. I now expect a pullback because we are on the top of the trend channel, we have the formation of a rising wedge and we see declining volume during the rise. If the price breaks trough the top of the channel then this should happen with good volume. Again long if best on a retest of the upper trend channel line.
by PegasusTechCharts
14
THE ZONE OF ZONES NOT HIT INTO BTC POSSIBLE SHORT BELOW 57KHello trading friends, As you did read before our day trade target of 57600 hit, as we did add before. We have confirmed the trend for the next target for BTC, and it's possible that we can enter into a new short since the zone of zones not HIT . The whale effect shows a stable trend. we did not break out the zone of zones part. # Know that we go with the market flow, and this is a day trade update for BTC. This can change with the time as we track data of whales every time again and possible more increase and downtrend signals for next time, but for now data shows a possible short. At this moment taking a long could be risky. but these are time frame update , we updating depending on the time frame by Day expecting charts. markets change, and we change with the markets directly. What is possible expecting target Below 57K could be a possible target. exactly we will update later. What means this at all? That's its possible that we can see a short update next time into btcusdt. What shows whale data? a stable trend. can we increase further? Yes, its possible as its stable trend - but there are more chances for breakdown trend. @@Follow/like for more 24/7 Live updates on tradingview.@@ Discipline is the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly ---> Have a great day 😃
Short
by watchtrend
7