Ethshort
Ethereum Sell a break setup.Ethereum - Intraday - We look to Sell a break of 2738 (stop at 2801)
Daily signals are bearish.
Buying at the start of the week has stalled and prices are reversing.
The trend of lower highs is located at 2820.
A break of the recent low at 2740 should result in a further move lower.
Our profit targets will be 2584 and 2524
Resistance: 2840 / 2880 / 3000
Support: 2780 / 2740 / 2700
ETH Sell into a rally.Ethereum - Intraday - We look to Sell at 2748 (stop at 2811)
Daily signals are bearish.
Preferred trade is to sell into rallies.
2755 has been pivotal.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 2581 and 2511
Resistance: 2620 / 2680 / 2750
Support: 2550 / 2500 / 2450
Ethereum Sell a Break Setup.Ethereum - Intraday - We look to Sell a break of 2568 (stop at 2641)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
2570 has been pivotal.
A break of the recent low at 2574 should result in a further move lower.
Bearish divergence is expected to cap gains.
Our profit targets will be 2381 and 2321
Resistance: 2750 / 2815 / 2900
Support: 2570 / 2500 / 2400
Ethereum Sell a Break Setup.Ethereum - Intraday - We look to Sell a break of 2829 (stop at 2902)
Daily signals are bearish.
A break of the recent low at 2853 should result in a further move lower.
2830 has been pivotal.
Our profit targets will be 2633 and 2563
Resistance: 3000 / 3100 / 3200
Support: 2900 / 2800 / 2700
Ethereum Sell a Break of recent low.Ethereum - Intraday - We look to Sell a break of 2689 (stop at 2758)
Daily signals are bearish.
A break of yesterdays low would confirm bearish momentum.
A break of bespoke support at 2700, and the move lower is already underway.
We look for losses to be extended today.
Short term momentum is bearish.
Our profit targets will be 2505 and 2455
Resistance: 2750 / 2840 / 2980
Support: 2700 / 2600 / 2500
ETH Sell the trend of lower highs.Ethereum - Intraday - We look to Sell at 2928 (stop at 3001)
Daily signals are bearish.
Trend line resistance is located at 2928.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 2751 and 2671
Resistance: 2820 / 2950 / 3050
Support: 2700 / 2600 / 2500
Will ETH break the approaching resistance?Hello everyone
Let's look at the 4H ETH to USDT review.
Please note that the price is moving under the blue downtrend line.
We can designate 3 support locations for the near future at $ 2,584, $ 2,459 and $ 2,296
Looking the other way, let's move on to the determination of the resistance line which the price has to break in the event of an increase, at this moment the price is approaching the first resistance at $ 2674, if we manage to break it, we have another resistance at $ 2792 and another at $ 2905.
Note that the CHOP indicator shows that the energy in this interval has already been used
ETHEREUM 4H Analysis. Up or Down ? (Update)🟢 ETH rejected from the resistance of $3000 area. ETH is now taking support at $2580-$2600 area and needs to hold this level. The first resistance is $2750-$2760 level and $2850 area. The major resistance is $3000-$3150 area. If ETH breaks the $2580 support then the next good support is the $2350 area. USE proper stop loss in your trade.
⚠ This Analysis will be Updated.
✍ Analyzed By Amirhossein
⚠ DYOR