Ethshort
ETHUSDT AnalysisThe momentum is indeed bearish even so, $1700 is strong support for the price and trying to hold on there and if the price lose this support, the next target will likely be around $1420.
On the positive side of view, If the Bitcoin current range lasts a little longer or rises, I expect at most a pullback to the recently broken ascending trendline around $2500. Of course, to do this, the price needs to break the short-term trend line (the orange one) and a potential reaction to the descending blue trendline is expected in the way.
In a word, the price will shape around $1400 finally. let’s wait and see!
Trend Key Points Indicator have been used to draw important key levels and key points.
ETH Update - Next Target @ $1,600The 4 Hour chart is over bought.
Momentum is dying and it looks like ETH will be on its way down soon.
Opening longs here might not be the best idea while inside this bear flag / pennant however you want to look at it.
Small bounce expected once it hits #5.
Entry Between:
$2,053 - 1934.36
Take Profit:
TP 1 - $1,792.41
TP 2 - $1,613.06
Stop Loss:
$2122.11
If you'd like me to analyse any other crypto send me a message or leave a comment 👍🏽
Happy trading!
Not Financial Advise. Do Your Own Research.
#ETH/USDT DAILY UPDATE !!Hello, members and welcome to this ETH/USDT quick chart analysis.
As I mentioned in my previous chart that is Nothing much change to see at this daily time frame ETH is still trading above the support zone which is $2000 - $2050 and the support zone is $1800 and the 1st resistance label is $2470
This is not a piece of financial advice.
Then, hit the like button and share your chart in the comment section if you like it.
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#ETH/USDT 1HOUR UPDATE !!Hello, dear traders welcome you to this ETH/USDT 1HOUR chart analysis.
Hello dear traders, If you find our charts helpful then 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.
CHART ANALYSIS:-Now coming to the chart. Eth is forming an ascending triangle pattern on the 1-hours time frame. The direction of the breakout will determine the next step for ethics. Our target is $2.5k if eth breaks this wedge (closes above $2.3k) or if eth breaks through this triangle (closes below $1.9k) we should target $1.5k
This is not a piece of financial advice.
Sorry for my English it is not my native language.
If you like it, hit the like button and share your charts in the comments section.
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Bearish Ethereum Do you still remember this chart from 07/05/2022?
Do you still remember this comment?
"Yet another weekly timeframe analysis.
Where it says "head' was the Eth All Times High (Axis). Take notice of bullish and bearish trends in the chart, volume, MACD and everywhere.
Best sample to master bearish chart patterns, all in one place."
Well, there has been a lot that has happened since and exactly as predicted in this chart. This is the same chart as of 07/05 with new comments.
1) Ethereum has indeed followed the downtrend pattern.
2) We've lost the very important support 2680K which turned to resistance.
3) We've lost the 2300K support gained on 24/02/2022, and turned now to resistance.
4) We've lost the 2155K support gained on 24/01/2022, 1nd turned now to resistance during the last crash that started on 12/05. Ethereum retested this level on 16/05 and has been rejected.
No more comments!
This is not financial advice. Do your own research before trading.
#ETH/USDT 1HOUR UPDATE !!Hello, dear traders welcome you to this GMT /USDT 4hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
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 triangle pattern breakout note conform and breakout confirm and retest and buy the dip green zone
entry:-$2050,$2090
target :-10% to 20%
stoploss:-$2020
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 DAILY UPDATE !!Hello, members and welcome to this ETH/USDT quick chart analysis.
As I mentioned in my previous chart that is Nothing much change to see at this daily time frame ETH is still trading above the support zone which is $1950 - $2050 and the support zone is $1795 and the resistance label is $3073
This is not a piece of financial advice.
Then, hit the like button and share your chart in the comment section if you like it.
thank you.
#ETH/USDT DAILY UPDATE BY CRYPTOSANDERS Hello, members and welcome to this ETH /USDT quick chart analysis.
In the current scenario, ETH is heading towards the lower support area of $1967
As per the current scenario, if ETH holds the $2054 level, we could see a rally from that level.
Now, IMO we should sit aside from the market until there is a bullish divergence.
This is not a piece of financial advice.
If you like it, hit the like button and share your charts in the comments section.
thank you.
#ETH/USDT DAILY UPDATE BY CRYPTOSANDERS Hello, members and welcome to this ETH /USDT quick chart analysis.
In the current scenario, ETH is heading towards the lower support area of $2075
As per the current scenario, if ETH holds the $2100 level, we could see a rally from that level.
Now, IMO we should sit aside from the market until there is a bullish divergence.
This is not a piece of financial advice.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
#Ethereum slides to Q1 2022 lows, Finds Resistance at $2.5kPast Performance of Ethereum
Ethereum is deep in red like most crypto assets. When writing, ETH is up four percent in the past trading day but is down 16 percent week-to-date versus the USDT. There are encouraging recoveries at spot rates. However, this is not enough to dissuade holders who were pummeled on May 9 following the sharp dump that saw ETH plunge to as low as $2.1k.
#Ethereum Technical Analysis
ETH prices bounced off from Q1 2022 lows, coinciding with the 78.6 percent Fibonacci retracement level of the H2 2021 trade range. While the rejection of lower prices on May 10 could be a net positive, sellers are still in control in the immediate term. Therefore, since ETHUSDT is in a bear breakout formation and $2.5k is a strong resistance level, sellers can liquidate on any attempt to retest this line. Cautious, risk-averse traders can wait for confirmation below $2.2k—this week's lows—before unloading, targeting $1.8k in the medium term. On the flip side, any surge above $2.5k invalidates the bear run, confirming May 9 bear bar as climactic.
What to Expect from #ETH?
Sellers are in a commanding position. However, Ethereum's ecosystem is activity and dApp dense. ETH may recover, bouncing off from $2.2k once bulls satisfactorily rewind losses of May 9.
Resistance level to watch out for: $2.5k
Support level to watch out for: $2.2k
Disclaimer: Opinions expressed are not investment advice. Do your research.
ETH short term trade. Local shortOur global forecast for the cryptocurrency ETH is relevant. We expect a test of the $2600 range, from where the price has every chance to start a new powerful wave of growth. Links to our recent global ETHUSDT forecast below:
However, at the moment the sellers have not given the initiative. The price is slowing down, but sellers are preparing for another local downward momentum.
From how buyers will behave around the $2600 mark , it will be clear whether there will be a new wave of growth in the near future. So far no signs of buyer strength are visible.
Local ETH short
Admission 1: $2865
Admission 2: $2923
Stop: $3001
Such profit: $2675
The critical point where you need to closely monitor the price and be ready to fix the profit - $2726.
P.S. This local short is carried out near local minima. This should be taken into account when determining the size of the position.
Eth/Usdt 4H 07.05.22 FUTURES TRADEHello everyone, if you like the idea, do not forget to support with a like and follow.
long ( 16x 13x ) short ( 16x 13x ) 😉
Entry price : 2696
SHORT :
T1.LowRisk : 2407 %139 13x
T2.LowRisk : 2348 %167 13x
&
T🔥 HighRisk : 2348 %206 16x
LONG :
T1.LowRisk : 2921 %108 13x
T2.LowRisk : 3045 %168 13x
&
T🔥 HighRisk : 3045 %207 16x
📅 07.05.22
📌
Eth/Usdt 4H 07.05.22Hello crypto community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much
Now I'm waiting for this scenario.
I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
📅 07.05.22
📌
Ethereum in Range, ETH Bulls Stand a Chance above $2.7kPast Performance of #Ethereum
Ethereum is comparatively resilient against bears, soaking the selling pressure as per the developments in the daily chart. ETH prices are steadying above primary support, flashing with last week's lows at about $2.7k. Even so, sellers are in control from a top-down approach. ETHUSDT remains within a bear breakout formation, struggling to stay afloat and snap back to the primary trend established in March 2022.
#Ethereum Technical Analysis
ETH prices are under significant selling pressure. Overall, sellers are in control, unwinding gains posted in March. Buyers haven't reversed the steep losses of April at spot rates. Notably, ETHUSDT is within last week's trade range, with conspicuous bear bars of April 26 and 30 setting the trend. As ETH prices move horizontally, traders can trade with the primary trend, unloading every pullback provided prices are below $3k. A break below $2.7k and last week's lows may force another wave of dumping towards March 2022 lows of $2.3k. On the flip side, if ETH bulls break away from the current sideways movement above $3k, prices could soar to $3.5k—or better. This breakout would endorse the bulls of March, providing timely entries for aggressive traders to ride the wave.
What to Expect from #ETH?
Prices have support from around the 78.6 percent Fibonacci retracement level of the March 2022 trade range. A breakout above $3k would relieve optimistic buyers angling for resumption and a lift-off towards $3.5k.
Resistance level to watch out for: $3k
Support level to watch out for: $2.7k
Disclaimer: Opinions expressed are not investment advice. Do your research.
ETH Sell into the daily 20 EMA.Ethereum - Intraday - We look to Sell at 2935 (stop at 2983)
2981 has been pivotal.
Our short term bias remains negative.
Preferred trade is to sell into rallies.
20 1day EMA is at 2935.
Our profit targets will be 2812 and 2772
Resistance: 2850 / 2900 / 2980
Support: 2800 / 2760 / 2720
Ethereum sell a break of $2800.Ethereum - Intraday - We look to Sell at 2788 (stop at 2831)
Daily signals are mildly bearish.
Short term momentum is bearish.
A break of bespoke support at 2800, and the move lower is already underway.
Our profit targets will be 2672 and 2632
Resistance: 2880 / 2950 / 3030
Support: 2800 / 2760 / 2700