Ethusdanalysis
EthereumPair : ETHUSD ( Ethereum / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Short Time Frame and Rejection from the Upper Trend Line or S / R Level. Completed " 1234 - abcd " Impulsive Waves at Fibonacci Level - 38.20%
Entry Precaution :
Wait until it Rejects or Breaks the UTL
#ETHERIUM Trading Strategy!🚀 #ETHEREUM : A Closer Look 📊
Examining two exciting scenarios:
1️⃣ A retest of the Blue MA, potentially shaking out weak hands and paving the way for a push to $2000-$2130.
2️⃣ A successful breakout and retest of the Blue Flag.
In both cases, bullish sentiment prevails. The Blue MA has a strong track record in previous rallies.
Trading Actions:
For spot holders, HODL strong.
Futures traders, consider entering at $1710 for a long position with a target of $2000+ and a stop-loss below $1635.
#Altcoins may offer better risk-reward ratios thanks to ETH.
Remember to DYOR. This isn't financial advice.
Share your thoughts on ETH! 💬
#Crypto
A small dip in ETHEREUM and the a rally towards 3000!!The crypto is seen making impulse waves from June 2022 and has completed a structure of 1-2-I-II till now, meaning it completed the wave II of 3 and started off in the wave III of 3.
The recent oct 2023 rally is the first leg to the bigger III wave that is forming.
It would be a wise to wait for a meaningful retracement to this oct wave for a good entry. The 50% retracement of wave i of wave III of wave 3(i.e. current oct rally) is at 1687 and 61.8% retracement is at 1646. The B wave dip can take the crypto to these levels and that should be considered a good entry to go long towards 3K mark.
Note*- this post is for educational purpose only
ETHUSD Analysis H1Here is my analysis for ETHUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
False breakout in ETH? Time to analyzeDear traders, Ethereum broke out of the 1750 resistance level on
24 October. However, we are seeing the absence of a follow-through
here.
If you notice the last few daily candlesticks, you can see some long wicks
at the top of each candlestick. This indicates that we might have had
a false breakout. If ETH falls back below 1750, expect another drop
to 1540 soon.
ETHUSDT futuresETHUSDT futures, looking for the short on a limit order, I believe price has rallied to some resistance now, we can see some sell. I could be wrong also. DYOR
ETHUSD 4H : Still bullish ETHUSD
New forecast
Ethereum price trades bounce back downward to conduct some bearish intraday correction, noting that the price is significantly gathering positive momentum, waiting for the price to be stimulated to resume the expected upward trend for the coming period, whose next targets are at 1822 and 1885.
From here, we continue to favor the upward trend in the immediate and short term, supported by the moving average 50, recalling the importance of stability above 1735 to achieve the expected goals.
The expect range trading for today will be between resistance line 1885 and support line 1735 .
support line : 1773 , 1735
resistance line : 1822 , 1885
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
ETHUSD 4H : Support further rise ETHUSD
New forecast
The price of Ethereum (ETHUSD) confirmed the breach of the 1656 level, and is pushing upwards at the opening of the day to approach the 1694 level, providing signs of a trend towards achieving more expected gains during the coming period, noting that crossing the last level will push the price to 1735. As the next main target.
From here, the upward trend will be likely in the immediate term unless the 1656 level is broken and holds below it again.
The expect range trading for this week will be between resistance line 1735 and support line 1656 .
support line : 1666 , 1656
resistance line : 1694 , 1735
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Ethereum Quietly bounces off key support Ethereum - CRYPTOCAP:ETH
Bitcoin has been stealing the stage but is quietly confident making firm support in the background
Eth has bounced from a long term diagonal support line and currently challenges the 200 week MA
Hopefully we can turn the 200 MA into support
PUKA
Ethereum just getting startedETH 1week is breaking out of the long-term downward trendline ready for more upside Other parameters are reset with room to hold a nice upward move 2000 seems the next logical move for a shakeout
Ethereum bullish divergenceETH 1day shows bullish divergence with price heading up into the downward trendline resistance The double bottom pivot at 1530 was well into the lower levels of the upward facing Regression Chanel with other parameters reset ready for the next run We expect some resistance around the low 1700 area before moving back into the 2000 level for the next washout This area looks a logical exit point for early leveraged traders
ETHEREUM: WAITING FOR A POSITIVE MOVE.ETH has been under the bullish falling wedge for quite some time and till now it has failed to show any positive move. With the pattern ETH is forming, it will be important for ETH to break above the resistance trendline for a positive confirmation. A breakdown below the supporting trendline will ruin the chart and make things more complicated.
I am expecting a breakout soon. What's your opinion? Let me know in the comments.
Thank you for reading.
Trade safely.
Regards,
Team Dexter.
ETHUSD Analysis H1Here is my analysis for ETHUSD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETHUSD: $1880 IS THE NEW TARGET! For the short term view, we think price will be bullish up until $1880 region. At that point price will drop for the last time before it the trend changes.
ETHUSD Analysis H1Here is my analysis for ETHUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Buy ETH#ETH
In the current range, a reversal is expected to form and the asset will mark up to the values of $1670 , $1700 .
Ethereum to continue LowerThe previous overall count remains valid, please find the link attached.
We seem to be bouncing back and forth between the 61.8% and equality of wave c vs. a.
Looking for that one last leg lower into wave 5 of c before considering longs.
Feel free to ask question, please leave a like if you enjoy the content,
Trade safe.
ETHUSD Analysis 3Sep2023Eth is seen forming a bearish channel in a month back. still in the complex correction period. There is a possibility that the price will go down deeper.
Ethereum: one more low before takeoffHello,
looking for one more low to complete wave c of (ii) before we could se any sort of upside resumption.
By making another low we will also touch equality of c vs. a which is usually a place where we can expect support from
Feel free to ask questions, if you enjoy the daily posts please leave a like and commend down below.
Trade safe!
ETHUSDT: $2300 is our next target❤️Likewise our idea on BITCOIN we have similar approach on ETH. Let’s wait for prices to come to our area.
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ETHUSD Trendline SupportETHUSDT testing the trendline again and hopefully we see the uptrend after support rejection.
Manage your risk according to account size!
Ethereum Short Term Buy IdeaH4 - Bullish divergence
Most recent downtrend line breakout.
Expecting short term bullish moves to happen here.
H1 - Higher highs.
No opposite signs.
Until the two strong support zones hold my short term view remains bullish here.
