#ETHUSD ANALYSIS.. BEARS ARE READY.. I think investors should pay attention to death cross that took place in Ethereum a while ago, in this context, the possibility that the trend might reverse for Ethereum should not be ignored..
Death cross can have an effect like a short upward movement firstly and a deep correction phase for a long time.. In the technical indicators, the T3 curve may return to negative in the near future, and the coppock curve has turned its direction downward.. There is no clear sell signal yet, but in my opinion there are some leading indicators that the bears will take control the market.. I expect a price movement in #ETHUSD as I mentioned in the chart..
Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
Ethereumshort
ETH: $200 Short Target, Potential $155 RetracementFirst off, please don't take anything I say seriously, or as financial advice. That being said, let us get into my insights. Looking at Fibonacci circles, there is a potential negative retracement back to a $155 price point, given that Ethereum looks like it could follow a small negative correlation wave. This is why I think, so likely it is best to shorten at $200 and see if there is a market dip. As it looks like it may potentially be tipping this positive correlation wave. A bearish trend could happen, so I'm not sure a long hold would maximize profits over other cryptos (Such as BTC).
Análise do ETH/USD - extremamente parecido com BTC/USDSaudações traders e investidores!
Nessa análise eu estava reparando o quanto o preço da Ethereum tem seguido o mesmo padrão que a Bitcoin...
Reparem: o preço vem subindo desde 13 de março, porém, companhado dessa subida, nós podemos observar um DECLÍNEO NO VOLUME do ativo. Essa diferença é a maior dica de que PROVAVELMENTE o mercado ainda está corrigindo, e nós vamos testemunhar preços mais baixos!
Níveis importantes de se observar:
- Região de US$160 --> Zona de resistência (antigo suporte)
- Média Móvel de 200 dias --> Zona de resistência forte!
AVISO LEGAL: o conteúdo que eu posso não é conselho financeiro e não deve ser entendido como tal. Meus posts têm propósito informativo e de entretenimento.
ENLA Auto Indicator called the Short on ETH for around 8% ProfitPossible Head & Shoulders with pump back in the upcoming week.
Crypto was build for Financial Crisis but the actually Situation is not just a financial crisis, it is more like the people need the Money for life and to protect theyr Businesses.
NO FINANCIAL ADVISE
Ethereum Re-Tests Major Support AreaETH is following a descending support line and has done so since July 2019. There is a strong support area at $85, which will soon coincide with the descending support line.
On March 12, the Ethereum price decreased significantly and reached a low of $101.2. Since then, it has made numerous attempts at retracing last week, most notably on March 20, when it reached a high of $153, but they have all ultimately been proved to be unsuccessful.Therefore, the short-term upside potential is limited, since the price has to flip numerous resistance levels in order to move upwards.
Rather, the price is expected to re-test the support line and support area, before possibly making another attempt at bouncing upwards.
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ETHUSD SHORT - as BTC weakness continues so does the ALT leaderWhat is up everyone,
Clean bearish pennant developing on ETH as well as a variety of other altcoin setups.
Publishing this one as I think it could get the most visibility.
Major bearish pattern performed to target and I think we will see more downside here.
Pain for holders continues likely.
Take care,
Vlad The Crypto Trader
Ethereum Sets To Complete A Simple Zigzag PatternEthereum sell-off from February high can be seen as a five-wave impulse pattern, labeled i-ii-iii-iv-v.
According to Elliot Wave rules, a three-wave correction follows every impulse wave. In ETHUSD's case, the rally from wave (a) low to wave (b) high unfolded as a three-wave a-b-c zigzag pattern.
The correction also terminated at a resistance zone that lined up with a descending trendline and 50% Fib. Once the correction is completed, the primary trend is resumes.
If this count is correct, a five-wave decline is expected in wave (c) to complete the simple zigzag pattern.
I will be looking for a retest of the channel support and weekly trendline for the target.
What's your view on ETHUSD?
Ethereum Easy Short To $50While everyone is looking for a rally to the moon before halving, this is the time to look for bearish entries. Thanks to the whales and market makers we keep seeing these pumps. Just as you would dollar cost average your long entries, it may be the perfect opportunity to dollar cost average your short sell entries.
Ethereum is very unlikely to be the second largest coin during the next uptrend, if there is one. Please be warned that the next downtrend will not be the same as anything we have seen before. A major trend in Bitcoin dominance is about to reverse. The sole reason we saw all sorts of sh*tcoins rally in 2017 and onwards was because of a sharp decline in Bitcoin dominance. If you take a look at the BTC.D chart, you will notice that the trend is about to reverse and sh*tcoins are headed for the maximum pain scenario in the months ahead. I will not be surprised if most of the useless altcoins go belly up during the next downtrend. Stay safe, folks!