ETH/USDT Two Short TriggersWhats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
$ETH has deviated below $1905 creating a clean Break Of Structure and now there's a chance for bears to locate their Short with trigger scenarios :
- Pullback scenario: If ETH goes above $1920 for a mitigation of the 2Hr Whale Block, then we can locate our Short after it gets the closings below $1920 with a BOS,
- Rejection scenario: If ETH melts below our 1Hr Whale Block, then we can locate our Short with a LTF Whale Block Mitigation
Trade Invalidation above the current wick highs and TPs at potential reversal zones, liquidity zones and Imbalance fills.
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Ethshort
ETH/USDI don't know... Ethereum looks really bad in my opinion.
If we do reach 150$ price, I'm looking to buy a big bag of it.
I still have some of my holdings in Ethereum but we need to face the reality that there is a possibility that we can fell all the way down to these levels which I'm predicting.
ALT coins usually drop more than 90% in bear markets. If Ethereum reach 100-200$ area this is 95-98% drop from it's all time high.
In previous bear market Etheruem dropped around 94% . I'm very cofident about that we will see Ethereum below 450$ very soon.
Stay safe, trade your analysis , do your own research and invest only how much you can afford to lose.
Nothing in this analysis is a financial advice.
#ETH/USDT 2Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE :-
ETH/USDT Breakout uper side and retest the green zone and bounce eth almost 12 % pump
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
#ETH/USDT 2Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE :-
As I told in the previous update, you can read further in ETH's it is going on
As we can see ETH performing extremely well and current about to face the major resistance level of $1770.
Some consolidation is expected below the resistance and break above is likely in upcoming days which will be bullish continuation signal and green signal to enter more ALT COINS.
Rejection from resistance level will lead ETH to drop down at lower support level again and will be the invalidation of this chat analysis.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
eth going bullish before a heard bearish is eth loses strength below 1700 next target is 1300 needs to rise to 1800 back to 2000 before becoming bullish again but looking at the month chart its following a bearish trend after eth hits 1371 if follows bullish trend can see a regain into bullish trend
SHORT ETH / USDT - 30M INTERVALHello everyone, let's take a look at the 30M ETH to USDT chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,650
T2 - $ 1,676
T3 - $ 1,696
T4 - $ 1716
and
T5 - $ 1,747
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1608
SL2 - $ 1,599
SL3 - $ 1,582
and
SL4 - $ 1568
Looking at the CHOP indicator, we can see that in the 30-minute interval most of the energy has been used, and the MACD indicator shows that we are in the local downtrend.
Ethereum (ETH) /USDT 12Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Ethereum update :-
With the price just around $1,700, Ethereum has reached a key resistance after a 9.1% rally in the past seven days. Should buyers manage to push ETH above this key level, then it will have free reign until $2,000. The cryptocurrency has formed a clear uptrend with higher highs and higher lows in the past few weeks, and the bias is bullish.
ETH has been one of the strongest performers in the market since it bottomed at $880 (Binance) on Jun 18th. Since then, the price has doubled with a current local high at $1,793. This is an impressive achievement in less than two months!
The key support is found at $1,400, but if bulls manage to turn the current resistance into support, then a significant buying volume across the board could be in play. It is still uncertain if this will be the case at the time of this post therefore, a possible pullback at the key resistance level of $1,720 before another push higher from buyers is still possible.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
#ETH/USDT DAILY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT Daily Chart Update !!
The bears defended the overhead resistance at $1700 (in red) and stopped the recent vertical rally in a daily timeframe. This caused the price to sink below the horizontal support at $1,420, which overlapped with the 0.5 Fibonacci level at the time of writing.
The following support ranges between $1280-$1320 (in green). It is crucial that the bulls can hold the price above this range. If ETH closes below it, the momentum will tilt in favor of the bears, and the cryptocurrency could miss a significant chance to advance before the Merge event.
On the other hand, if it bounces from the support level, it could be the case that when the 100-day moving average line (in white) reaches the resistance zone, the bulls will try their chance to clear this hurdle. If it happens, this could open the doors for a rally to $2000.
Relative Strength Index (RSI) 14d: this index is approaching the midpoint. It suggests the balance between supply and demand.
Nevertheless, the RSI indicator has formed a descending resistance trendline, and the next bull run won’t be anticipated unless the mentioned threshold gets broken.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ETH rebounds after the last correction!Hello everyone, let's take a look at the 4H ETH to USDT chart as you can see the price is moving in the uptrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,679
T2 - $ 1,898
and
T3 - $ 2,175
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,478
SL2 - $ 1,366
SL3 - $ 1272
SL4 - $ 1178
and
SL5 - $ 1,049
Looking at the CHOP indicator, we can see that in the 4H range, the energy we recovered was used for growth, while the MACD indicator clearly confirmed the change in the local trend.
ETHUSDT: Full Medium-term Waves CountI updated plan of the wave levels for ETH.
In general, as before, I expect the price decrease within the wave 5 of wave C(of ABC pattern in medium-term wave 4).
Locally, the price is probably still in a correction, after which we can expect a renewal of the high, which can be broken by the market-maker on stop-losses for shorts.
I also plan to open a short position at the end of the upward move.
I had to close the previous short position at breakeven level, because the price did not confirm the downside dynamics.
Best Regards,
CEO Tornado Capital
#ETH/USDT 1HOUR UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks Friends.
ETH/USDT Update!
As we can see ETH is bouncing off ETH 50MA on 1 hour chart, if position is holding then don't panic if ETH breaks 50MA below 50MA and $1550
Remember:- This is not a financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
ETH IS DROPPING In this chart price has shown its hand BIG TIME.
This chart lays out your trade for this weekend in Crypto.
Price only has 3 moves:
1. Up
2. Down
3. Sideways
It ain't going sideways right now.
This is the Daily TF drop down and find your short set up.
Never Over Leverage.
Trust your Trade Set Up.
Have a Great Weekend!
I Am Pro Trading Made Simple!
ETHUSDT: Elliott Waves Intraday TradingHello everyone!
The price of Ethereum rose within my expectations in wave 5 of wave C; and the big wave 4 is coming to its conclusion.
Already now you can get ready to look for good entry points into a short position; for example, on the price breakdown of the local trend support.
It is possible that in the next month Ethereum price will update the historical minimum and once again disappoint the cryptocurrency community, which is already fully confident in the price reversal.
P.S. Vitalik Buterin will probably not sleep well very soon)
The continuation of growth can be considered only with the formation of a corrective trend continuation pattern in the price range of $1600-$1300.
Best Regards,
CEO Tornado Capital
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT Update!
As we can see from the above chart that ETH performed well as per my previous chart, it was able to gain 9% from the lower green support level.
In the current scenario, ETH is highly likely to move higher toward the price level of $1780.
Here the Black MA is also reacting as a strong support area.
Rejection from this level will result in a decline towards the lower support level of $1300.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE!
As we can see from the above-mentioned chart that ETH performed well according to my previous chart it was able to gain 58% from the bottom green support level.
In the current scenario, ETH retested the upper trend line which has become strong support after a breakout of 35 days long resistance and it’s highly likely to gain above side towards the price level of $1780.
Here black MA also reacting as a strong support zone.
Rejection from this level will result in a fall down towards the lower support level of $1300.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
ETH to 550 soon, then 20k next bull runReason -
ECB start hike -> bullish for EUR
FED start hike for another year -> bullish for USD
Inflation highest in history- when this happened a recession follows
Chinese are banned from crypto transactions since December 2021 (exchanges not allowed to host Chinese users), drop in volume
Mt. Gox Bitcoin release since August 150k
Large Bitcoin wallet sending 10000+ Bitcoin to decentralized exchanges
Retail traders are completely destroyed and severely in debt; who will pump the market
Institutions who are responsible for the this bubble are liquidated
ETHBTC rejection
Altcoins fell while Bitcoin kept going
RSI is almost as high as BTC 48k!
Bearish ascending wedge
Strong resistance at 25-28k, no reason for institions to purchase straight into resistance with poor macroeconomic environment
Some important figures in crypto speak bullish but their wallets show sell off
eth wave 3 completionstill leaning towards a pull back to around 1250 or so. valid divs on both rsi and AO.
major strength from bulls over the last week, which is great to see for further htf momentum.
but this move looks tired.
would flip long around 1250, looking for the potential push upu to 1.8-2k.