Ethsignals
Bullish bias in ETHUSD as inverse head shoulder is evidentETHUSD in H4 will go bullish if it breaks neckline i.e 1940 of inverse Head and shoulder pattern . However, if it breaks the last LL i.e. 1790 it would go bearish though bullish bias is dominant as there is bullish divergence and bullish reversal pattern (inverse head and shoulder) on the chart. Plan your both buy/sell entry the break of above mentioned key levels.
ETH Upward Break Update ( 2 Scenarios )This is an update to my last Ethereum Post.
I was off a little on exactly when this was going to pop slightly but eventually did have an upward break!
Now we are faced with 2 scenarios that could happen.
Currently Ethereum is in an Upward Trending Channel on the 4hr chart and has recently tested the bottom of this channel.
Scenario 1:
Since price has already broken upward testing and failing at that key level I am looking for a strong retest and bounce back on the trend line.
This will determine whether it is going to break down or continue up and hopefully have enough power to go straight through this key level if the bulls really step in.
Looking back at Ethereum this key level seems to be a huge resistance level... If we can break this I am confident we will go to the Supply level or even the top of this channel!
Scenario 2:
Since we have already tested and failed this key level, price can go back down into this trend line failing a retest and is a clear bearish sign.
Once it does this it is possible for this to break below its support line and break down into the demand zone testing the bottom of this channel once again.
I will look for a retest on the support line once it has broken below then enter my trade.
As always trade safe and don't risk too much! Wait for confirmation!!!
ETH about to make a move: Get this sniper entry!It is very likely we go to the value area in the mid-term. ETH is trading a bit too high relative to where most liquidity is
Go down to the lower timeframe to get your good entries:
I linked my previous idea that explains the method
The three fib levels are the take profit targets.
Ethereum could test 2100 againAfter the recent high above 2.1k, EthUsd corrected and drop stopped exactly in 1800 horizontal support.
Yesterday's flash drop stopped again in this zone, suggesting the bullish are very strong here.
Now Eth is trading under 1930-1950 resistance zone and, as things are looking, we can expect a break up.
In such an instance, the next level to watch for is the resistance high above 2100.
I'm bullish as long as 1800 is intact
ETH/USDT currently looking weak Hey traders 👋
Let's start this day with ETH analysis here on daily chart. We witnessed a nice rejections which we have been talking about for some time now. Price broke our "supertrend" here and RSI had a nice turnover but we see a last push to happen here after what we might see a nice drop to lower trend line (Greenish zone).
What we will do here is to wait for that Yellow zone to be broken and secured from where we will be more certain that price will go for those EMAs!
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Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ETHUSD - Why I Think The Bull Market Is Still On (Higher High)Higher highs are indicative of a market that wants more, higher prices
The bear market we have experienced is not comparable to that of the one seen following 2017, both in length and severity.
We also haven't experienced the peak bull market, which is now taking its turn to come through.
ETHUSD - Key Areas To Watch Key areas to watch are labelled with the price point tool
If we break down this middle line and support is not found there is still one lower band for support to be found
The curve channel is overall bullish until the larger curve structure is broken
Lets see what happens
ETHUSDT - First TP DONE, but something is not goin (+52% ROE) We reach the first target from my review, which I wrote about below
At this time, the position is closed at partial profit and stop loss without loss on the position
I expected more. But alas, this is a crypto market, and there are manipulations.
The price moves in a range.
By creating only one deviation, creating a lot of liquidity at the bottom.
If you want to know more about my activities, watch in the description of my account
ETHUSDT SIGNAL
ETHUSDT - A lot of levels are waiting for correction
ETH beginning to show potentialCurrently we are seing BTC dominance fall to a neutral trend territory:
What does this mean for alts?
When the market goes up and BTC dominance begins to weaken, that is often a sign that alts will begin to outperform for a period.
We could see alt dominance bounce up to 11% before we see a recession and everything goes down again (maybe)
Outlook on ETH
I see ETH hitting the target (2492) if we don't see a major weakness in the market caused by external factors
ETH soon below 3kAgain, if we skip any thoughts of summer and a big drop to 800 USD per ETH, then we can look forward to a price around 2800 USD soon, then summer may come and the price of mine will drop, or we will skip it towards 9500 USD per ETH, let us be surprised , don't take any of my predictions seriously without your own TA and most of all enjoy your head with SL. I wish you safe trading.
I can always be 99% wrong, the wave is there for fun, we will have a massacre of manipulation, artificial volume, etc... it will be fun as always
My 2300 Ethereum idea remains unchangedA few days ago I've written that EthUsd is ready to break above 1930 resistance and fly above 2k zone.
Indeed, Ethereum has broken above both resistances and now is trading comfortably at 2100.
On Friday we have a very short-lived sell-off, but bulls quickly took control, reinforcing my bullish outlook.
I expect a break above the recent consolidation and, as the title says, 2300 is my target.