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4h time frame - Entry: $2800 TP: $2240 SL: $2950 RR: 3.7 - (1) Still on the path of Elliott 2nd wave (2) Need more momentum accumulation before 3nd wave starts (3) Potential Head and Shoulders on 4h (4) There is a buying opportunity at $2200~$2100 (4) Be careful and make sure to stop loss, the crazy pump is coming
if there is CHOCH in eth then there is important BOS LEVEL if eth crosses it then we might see a huge down trend For sell view 1. Chart pattern 2. SUPPORT turned into Resistance 3. Reversal from 50% retracement area For buy 1. choch then little bos sellers get trapped then running to 3080 ##BTC also showing weakness
4h time frame - TP: $3600 SL: $2730 RR: 5 - (1) Potential Bullish Gartley (2) Entry based on two support-Gartley D point & descending channel bottom (3) Stop loss if go below the horizontal support
4h time frame - TP: $3880 SL: $3000 RR: 8.78 - (1) Potential double bottom is creating (2) Left leg of double bottom mentioned above performed good support at 0.382 Fib projection (3) This is an opportunity to add position for traders who followed previous trading plan (4) $3880 is good to close "partial", not all, there is a higher target - Previous analysis
4h time frame - TP: $4673 SL: $3015 RR: 5 - (1) Standard support retest after getting rid of wedge structure (2) Wedge mentioned above performed good support at 0.382 Fibonacci projection (3) Current retest is also being supported at 0.382 Fibonacci projection
I can't speak with certainty, but considering the model and approach of Ichimoku and GAP,given the decline of Bitcoin as a recognized indicator in crypto, it can be inferred that the decline of Ethereum is not far-fetched. Bitcoin is projected to decline up to 3900 on a daily basis, with that being the target. Therefore, the decline of Ethereum, based on the...
4h time frame - TP: $4616~$4890 SL: $2575 - ETH is creating a potential wedge structure, that hasn't been confirmed yet. A standard structure is made of 6 six touching points at least, it's not completed due to lack of one more point on the wedge top. Also, there are two paths if we consider it as a continuation patter, first is the green one, that leave $2817...
ETH ~ 8H 📈 #ETH Make purchases gradually in this pattern, with a minimum target of 15%+. this is a bull pattern on a smaller timeframe.
A few members have asked me about my prediction for ETH in the bull run. I want to start by saying I don’t like to make these predictions because a lot of things can change over time, such as the ETH ETF gets approved or ETH could experience a string of bad events. But based on TA, there is a red resistance target to consider for this upcoming bull run that gives...
Ethereum was unable to break bullish through a minor daily resistance of $3,531 and the price pushed to the key support at $3,275. A bearish break-out of $3,275 will push ETH price lower to $2,800. ETH has to move bullish and break through $3,8 in the daily chart for another bullish extension towards $78,223-$82,353. Boost once read! Thank you.
Are we all in a euphoria? yes we are, Greed Level at a higher number, if youre executing on that then youre in a euphoria. Correct me if I am wrong, this is only my view on the current market. If price breaks the ATH then this idea is invalid. This is not a financial advice, Trade it or own it. Longshot view might not working..
Ethereum has reached the Resistance Zone at $2,850 and has shown the first signs of resistance. Should we enter a short? How do we trade this? 🤔 The conditions are such that we should be looking for a short entry. We have three pushes up since the start of the last bull leg from $2,200, a strong Resistance Zone at the current price, and an RSI that is...
Ethereum retraced to the Support Zone, following the rest of the crypto market in a pullback. Now that ETH is on the Support Zone, can we expect a bounce? How do we trade this? 🤔 I think it is probable that we get a bounce back up to the Daily 30EMA, but I do not believe ETH will break it. We may have witnessed the first leg down in a 2-legged pullback for ETH...
At weekly chart ETH is around 2500. 2100 is a major (weekly/monthly) support we can retest 2100 to 2200 level again in few weeks before bull run. 1st target would be around 3000 & 2nd would be 3500 weekly/monthly resistance.
ETH broke the resistance level & closed the daily candle above it. Waiting for pullback for new entery
Ethereum has a string of reversal indications that give us a picture of bearish price action. Are these data points enough to enter a short? How do we trade this? 🤔 Three pushes up, an ascending wedge, and strong resistance alone is not enough justification to enter a reversal trade unless you fade your position (small entries until the reversal happens). It's...
Ethereum is far into its bull run from $1,100 to $2,300; with three pushes up and a Weekly RSI near the 70.00 level, and we're near a resistance level. Three initial conditions for a trend change. How do we trade this? 🤔 These conditions are great indicators that we're near the end of the current bull trend, but we don't yet have any confirmation that we're...