Inverted head and shoulders?Considering that the main pattern, namely the flat top triangle, is being put into question after weird recent price movements, I've notices that, due to the symmetry of highs and lows, we might be in presence of a reversal pattern dubbed 'inverted head and shoulders'. Notice that volume decreases on each correction and increases progressively on each new high
ETHEUR
ETHEUR short and long term pricingA flat top triangle (polyline) forming since January 19 is on its last stage, presenting a potential uprise of about 28% (1522 EUR as target). In a shorter timespan, a symmetrical triangle forming since January 29 could pull prices up to 1240 EUR. Momentum, MACD histogram and KDJ are quite low and rising right now, so I don't expect prices to go lower than 1083 EUR.
Ethereum in channelETH / USDT
price move in channel...
We can see now price lost middle line support of channel if it can't back up quickly then there is high possibility to test the lower trendline
We can see also 200EMA Dynamic support at lower trendline support
this area can rebounce the price if reached
The bulls should hold this zone well for ETH to remain Bullish
Good luck
ETH, dip ended, know ATH!So, another ta from me. First explain: the orange triangles are identical, even as the lines (ctrl c- ctrl v). as you can see, the the lines have the same distance from eachother, so i think its logical that the price goes tot he next top of the orange triangle.
Butt before he reach the next top, i think ETH first go down to around 1016.92 (0.5 in fibonacci and support level of previous dip) after that he reach a new ATH , what is around 1230.
I know that this Ta tactic might looks strange but when you understand it i think its logical.
Please don’t follow my advice, and do your own research
If you have tips, please put in in the chat.
Really apricicate if you like, and sorry form my bad English, working on it!
ETH broke Monthly resistance since 2018ETH / BTC
ETH finally broke strong Monthly resistance since 2018
This can open the way for ETH/USD to achieve new ATH soon
Weekly candel closure is important (after few hours from now )
But most important one is the next week for BTC and all the market (Monthly candel)
Take care because big move soon in market
ETH Buy the 20 EMA.Ethereum - Intraday - We look to Buy at 1166 (stop at 1126)
We look to buy dips.
Daily signals are bullish.
Short term RSI is moving higher.
Pivot resistance is at 1291.
We look for gains to be extended today.
Our profit targets will be 1288 and 1368
Resistance: 1250 / 1300 / 1350
Support: 1175 / 1100 / 1065
ETH to finish correction before taking out ATHIt looking like a triangle in the B wave of this correction.
C Wave to go down to an area of high volume (maybe not the highest one but one before... to be seen).
After completing the correction, expecting a new impulsive wave to pass over the all time high.
There is a short and long opportunity in this idea. I'd go for the long (maybe not as aggressive as shown here, just an idea :) )
This is not financial advice.
ETH Sell a break setup.Ethereum - Intraday - We look to Sell a break of 975.4 (stop at 1022.2)
The RSI is trending lower. 200 4-hour EMA is at 838.
A clear break of 980 and we would look for further losses to 840.
Expect trading to remain mixed and volatile.
Short term MACD has turned negative.
Our profit targets will be 838.4 and 755.5
Resistance: 1100 / 1170 / 1240
Support: 1000 / 960 / 890
ETHEREUM ( ETH ) Diamod Pattern in M30- H1 shows LONG OrdersHi again this idea is based on the last ETH idea
BINANCE:ETHUSDT COINBASE:ETHUSD KRAKEN:ETHUSD BINANCE:ETHUSDT BITMEX:ETHUSD
I see 2 patterns in a row :
First one which was in my last idea ( link related idea mentioned ) and the next one is a Brilliant Diamond .
I hope it happens perfectly because ITS Diamond .
ETH (best buy area if correction happens)ETH/ USDT
today i shared a chart about possibility BTC correction soon ,Eth always follow
Best buy area for long term is around monthly demand 580$-720$ and aimig for break ATH
I see ETH in long term 3000$ at least
but wait for best logical area for buying
🚨This is not crash or short call
If your out ..this will be best logical area for hold until next bullish wave
Good luck 🍀
Ethereum - Levels of interest for this year!Just like for my previous post on Bitcoin , here you have the levels of interest we have to keep an eye on for this year.
Right now we're approaching the all-time high so expect some resistance.
The best thing to do right now is to take at least some profits and let others fight for this zone because don't forget, profits are yours only after you take them!
You can then buy back in again once we see a breakout.
FYI : Long term I remain very bullish cryptos but not because I'm necessarily a believer or Hodler but simply because price is telling me that there are a lot more gains to be made in the coming months and years.
But, short term, I take profits and often close most of my positions simply because I don't want my money to sit doing nothing when there's a big correction coming.
And even if price keeps on going higher when I get out, I'm not necessarily bothered because I can simply buy back in again.
I rather miss 5%-10% of gains rather than lose my sanity and hair holding during a big correction.
ETH (next is 1250$-1350$)ETH / USDT
Ethereum Brokeout above Ascending traingle after 5x test
Now ETH should hit new local high soon
Next target = 1250 - 1350 (weekly resistance)
=> Trendline + EMA 50 should HOLD
And candels not closing below to remain bullish
If you like my ideas support me
by likes comments and follow
Good luck 🤞
ETH possible next moveETH / USDT
Ethereum is still Bullish
however the safest entery for this pattern is to buy in next retest of trendline (if happned)
The RSI also show possibility of correction
Suggested buy area : 680$ - 620$
Next targets : 800$ - 900$ - 1000$ ++
STOPLOSS :
Close below this trendline by Daily candel then this will mean pattern failed
(candel closing not just breakdown)
Best wishes and happy trading 🌹
BTC Pumping and Alts LackingHi everyone,
Bitcoin keeps pumping but Altcoins keep lacking behind. Alts will only rise if Bitcoin starts a sideways movement, but if we see a dump right after this pump all Alts will only keep bleeding. I'm setting up a short swing for the main altcoin Ethereum, high risk because the trend is still up. Bitcoin is still in a long area.
- Plaxidoeda | Hans