Ethusdanalysis
ETHUSD Longing OpportunityETH is testing strong Daily support area.
A daily close above 1900 would open the door to the 2500 and 3000 area, and if it closes below the 1900 area our next targets would be 1600 and 1400.
Comment below your opinion.
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This is just an idea, not financial advice.
ETH 1D Is the End of Growth Near?We bring to your attention the global idea of the ETHUSDT trading pair
If you are an ardent fan of Ethereum, then for the next few days your goal is about $4700.
Moreover, the dominance of ETH is growing, that is, capital flows into this project.
However, if you look at the chart on a large scale, you can see how the ETHUSD price has been moving upward in a channel for more than a year. Now the ETH price is very close to the upper border of the channel and a rather strong correction may begin.
The first correction level from below is around $3000. However, a more or less l iquid zone is in the region of $2150 and below .. .
Is this fantasy or a cruel reality we will learn in the future)
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
ETH Will Bounce Back Towards 3200$ SoonHello Dear Traders,
Bcoz of btc dump ETH Declined 56%. This crash of eth was horrible and unexpected. now eth has reached to demand zone which is 2000$ area. i m expecting soon crypto market will retrace upper side. Eth will test 3200$ soon, whoever bought eth at higher price u can consider to exit at 3200$ zone.
Higher timeframe of eth is highly bearish.
ETHUSD Ethereum
Ethereum dipped to $3,530 Low on Thursday May 13th 2021 and rejected that price zone forming a temporary support to a high of $4157 which fall short of the initial All Time High (ATH) $4,360 and went to a low of $3,800 where it currently rejects.
We seem to be in an overall bullish market with a sideways correction forming for further uptrend (possibly 3 waves) to retest the previous ATH or further break it.
Being a sideways correction, it is ideal to see price still making a 3rd retracement of the $3,500 price zone before setting up for higher price zones.
Action Plan
BUY PLAN
BUY #ETHUSD @ 3860
Stop Loss Area : $3650 or Lower
Target Price 1: $4073.97 => Risk: 4.% Potential Returns 85%
Target Price 2: $4190.18 => Risk: 4.% Potential Returns 143%
Target Price TP3: $4336.06 => Risk: 4.% Potential Returns 220%
Average R/R(2.05)
Remember to ALWAYS Manage Your Money Well
I just sold my ethereum - ETH/USD multi-timeframe analysisI just sold my ethereum - ETH/USD multi-timeframe analysis and historical backtest pattern.
the same pattern was in 2018!
and it repeats itself in 2021!
so I decided to sell my ethereum right now and follow the strategy of "W" formation.
that doesn't mean ethereum will continue down to be zero!
I'm trading not investing .. a big difference.
I just want to earn profit from this pullback.
#ethusd #crypto #ethereum
ETH Ready To Steal The Show Again? - UPDATEThis is an updated cleaner chart to my original ETH post on 4/3/2021. A weekly close above this historical resistance would be very good this weekend.
Click the link/chart for the original post:
Remember, be patient, stay level-headed, non-biased, and ahead of the crowd.
Ethereum- I expect break and accelerationWithout any question, Eth was very strong during this crypto sell-off, and each time Btc made a new lower low, Eth made a new higher low, indicating that bulls are very strong here.
At this point, EthUsd is trading in strong 2500-2550 resistance and I expect a break to the upside sooner rather than later
Considering the strong bullish pattern, EthUsd should accelerate up after the break and reach 3k target pretty quickly
Ethereum- Best crypto to own these days?I was bearish crypto market and Ethereum for this fact, but I said multiple times:"trade what you see, not what you think", and when it comes to EthUsd I don't see bearish price action, on the contrary.
Indeed, here also we had a sell-off, but we don't have lower lows like in Btc for example. What we have is strong reversals each time the cryptocurrency is close to 2k
More, at this point, EthUsd is trading back above 2.2k and is carving a higher low.
As I don't expect 2018 all over again in the crypto market and I think this is a deep but normal correction, in my opinion, eth is the crypto to own.
That being said, dips from this point represent good buying opportunities and we really can see EthUsd at 3k once the selling pressure lifts off from BTC.
As a speculator I'm used to thinking in risk:reward terms so:
A buy at 2.2k with a 10% SL and a target of 3k(35%) would have 1:3.5 R:R
Best Regards:
Mihai Iacob
ETHUSDt (detailed analysis)Hello friends.
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Everything on the chart!
Detailed analysis for u.
How look current situation on market for me?
If my markup is right we are in (4) wave - triangle.
target zone still 2470-2550
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ETH 1D When there will be Ether per $350, the answer is in ideaNot soon...!)
Congratulations to all Ethereum lovers with the update to the absolute high.
As we can see from the chart, the price has been moving upward in a channel for almost a year.
Throughout 2020, the ETHUSDT price moved in the lower part of the channel, but already from 2021, the price fixed in the upper part of the channel.
Now all the attention of ETH investors is focused on the launch of ETH trading in CME futures on the Chicago Stock Exchange, which will take place on 8 February 2021.
We wonder if there are any bookmaker's predictions of what will be revealed more with the opening of trading: shorts or longs? :) What do you think? Write in the comments.
Our opinion is that by 6-7 February the price will be driven up, probably, even despite the behavior of BTC.
Levels for fixing longs ETHUSD $1750 - $1900 - $2150, of course, for those who want, we do not force)
But closer to 8 February, they will try to strongly push those who think that #onlygoingtobemoreexpensive and does not even imply a correction.
The target for the correction is a retest of the previous high in the range of $1400-1440.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
ETH 1D Long takes was fixed, are we going for a correction?Two months have passed since the publication of our previous global idea, ETHUSDT, and you can check its development from the picture below.
All three goals from the global idea for fixing longs on Ethereum have worked: the maximum target is $2150 - the maximum price of ETH is $2151
By the way, all the growth took place on falling trading volumes, which is not good.
In parallel, when a global idea was working, we also made local ideas for ETHUSDT, which, if desired, can be found in our list of published ideas.
What awaits us now in the ETHUSDT trading pair?
- It looks like a correction to $1,750 i s very likely, and near this level, the future of the ETHUSD price for the next 1-2 months will be decided.
- If buyers have the strength to protect the level of $1,750 from the strait below, then it will be possible to start dreaming about ETH at $3,000
- If at the level of $1750 the sellers show that they have completely seized control of the market, then we can expect $1100 for Eth
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
ETUUSD New Analysis And New Pattern Confirmed The New DirectionThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions