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ETHBTC

Ethereum - Descending channel is breaking down! 33% crash soon? Hmm, the situation is grave indeed. Maybe a change of plan is needed! On the daily chart we can clearly see an ascending channel or maybe a bear flag , but I prefer the channel. Ascending channels are bearish patterns, and this channel is very close to a breakout. This is a bullish Elliott Wave count, and we need to complete an ABC correction to start a third impulsive wave upward! As you can see, we started this uptrend with a nice impulsive wave. Now the question is, where is the support? You can use the 0.618 FIB or POC of the previous structure to set a limit buy order if you are a bull for the next major wave to the upside. But I am bearish and it's possible that we reach even lower prices like 880 USDT in the immediate short-term. Because ETH is far more powerful than BTC , Bitcoin can fall dramatically while ETH only slightly. I expect tremendous gains for GLM. You can find this altcoin in the related section down below. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
64
ETHBTC Bearish Cross on MACDThis is yet another chart on the 3D time-frame, which time after time has proved to be reliable in catching medium-term price trends. This time on the ETHBTC pair, the 3D MACD just formed a Bearish Cross. As you see, since the June 06 2021 candle (so more than a year), every such formation (with the exception of August 20 2021) was a sell signal. I have pointed out key Support zones with the first one being around 0.06500. Since the pair has been on a Channel Up patten since mid August and the price is now too close to its bottom (Higher Lows trend-line), it is worth attempting a tight SL buy but reverse to a sell if the price breaks below the Channel. On the longer-term, the Bearish Cross effect will be invalidated if the pair breaks above its 0.088640 Resistance (previous market High). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
3
ETHUSDT - Buy the Rumor, SELL the News📈Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 As you will see in all crypto news, there are countdowns everywhere to the Ethereum Merge. As of right now, we're standing on 1 days 15 hrs 45 mins . (Estimated based on difficulty and hash rate). What ever your personal beliefs are about this merge, is irrelevant. The only thing to remember, is this old trading saying : Buy the rumor, sell the news. We can already confirm this on the charts by spotting a failed breakout at support zone $1670 , after the bearish head and shoulders pattern. A trade setup can be taken if the daily closes UNDER resistance. A Long could be considered if the daily closes ABOVE resistance, but I'm leaning towards the short setup. Here's my take on Bitcoin, and a free Chart Analysis masterclass in 7min on trendlines : _________________ Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow We thank you for your support ! CryptoCheck
Short
by Crypto-Check-
21
ETH - RSI Target 65.46 / $2,500A little experiment as I'm keen to make the next the sell target on ETH more challenging. Purley based on RSI my estimate is $2500. - RSI target coincides with the retest of ascending resistance back end of March 2022 - Circled in Orange/tip of Bear Flag. Matching this level would not result in a similar price range but rather price at the resulting horizontal resistance - Red horizontal line Overlaying a few other indicators the target checks out: - The descending resistance line form 2021 coincides with this target - Yellow Dotted line - There is the 200DMA running through - which ETH should break briefly - ETH/BTC would be around 0.07 if the price target is reached which is effectively the retest of the ascending resistance - Coincides with my BTC target of $41k Assuming this is realised, from here I'll be short back on the final wave back to $1000 price range. This $2500 will form a significant resistance target to break when ETH revisits mid 2023. Just and Idea. Best, Hard Forky BTC Long after 8 Months of Shorting ETH/BTC Target - retest of ascending resistance
COINBASE:ETHUSDLong
by hardforky
Ethereum Tehnical Analysis Update#Ethereum Technical Analysis:- $ETH currently trading around $1770 And 100% up from Bottom level. What Next..? There are 2 Scenarios so keep an eye on below Scenarios:- Scenario 1:- Currently Trading around resistance level and another Resistance is $2000 If Failed to Break this Resistance then we can see again $1000 Level. But Scenario 2:- If price Break out with Good volume then we can see $$2600/$3500 Levels. IMO small Pump before another Crash. But If break $2000 level then We can see upward relly. Support:- $1400/$1000 Resistance:- $2000/$2500/$3466/$4774
Short
by CryptoPatel