Ethusdanalysis
Complex Spirals ETHETHUSD idea
Intersecting points in red can be seen to show bearish moves when reached, respecting the spiral
Primed above the spirals moving average, ready for bullish movement
Kinda like my previous ETH analysis but I felt it needed some fine tuning
Very bullish outlook for the future
ETHUSD - Follow the trend by Keltner Channel 19/12/20201. How to use Keltner Channel
a_ Length of Keltner's basis line is 50. It gives the best result in finding rule of ETHUSD.
b_ How to confirms a trend.
- Upper 1 is used to confirm Keltner channel at Uptrend to give Buy_1.
- Lower 1 is used to confirm Keltner channel at Downtrend to give Sell_1.
c. How to determine a swing Entry.
- Upper 1 is used to buy when the market make a corrective.
- Lower 1 is used to sell when the market make a corrective.
d. Color count calculate
- Color count = Green + Red
- If Color count > 0 is Uptrend to give Buy_2
- If Color count < 0 is Downtrend to give Sell_2
2. Long signal is confirmed when Closed of candle crossover the Upper 1 & Color count for Uptrend.
3. Short signal is confirmed when Closed of candle crossunder the Lower 1 & Color count for Downtrend.
4. Filter the Candle is over 93% for Not Entry.
ETHUSD 16% Drop was expected will it reach 400.00 level ?ETHUSD
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⏳4 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
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Detailed analysis 💬
1️⃣ Price around 450.00 and in consolidation phase
2️⃣Trading within arising channel
3️⃣ Crypto's in uptrend and broke of 400.00 level
4️⃣ 430.00 Dynamic support and resistance
5️⃣ 500.00 will acted as strong resistance-Key psychological level
6️⃣ 490.00 will Acted as strong support-Possible entry point
7️⃣ Technical support - bullish
8️⃣ 420.00 will acted as key reversal-Bullish
9️⃣ October high-Immediate resistance-Alternative bullish entry
🔟 Possible swing target-420.00 lower counter trendline
#️⃣ Overall bullish trend-Within a rising channel
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📉 Technical bias-H4-Bearish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as resistance Bear
Relative strength index - well above 50 - bullish trend
MACD -Turned red and felled below the signal line, Oscillators pointing downward
Stochastic - Reached around 50(Neutral area) The decision was neutral here
Ichimoku cloud -cloud is still green-Middle line supports bullish trend
Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band
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Key reversal area's
400.00 psychological level
384.00 Point of control area Volume analysis
422.00 Oct month high
332.00 Oct month low
488.00 Sep month high
311.00 Sep month low
400 50% Fibonacci retracement level
500.00 Major psychological level
488.00 Possible entry- Bear
420.00 Trendline resistance/Alternative bullish entry
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Bearish entry #Etherium #ETHUSD
Entry price - 488.00
Take profit 01 - 440.00
Take profit 02 - 410.00
🚫 Stop lose 510.00
⬇️16% Drop expected
⤴️ Account growth 4.5: 16
✅ Risk reward ratio 1 : 3.5
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Ethereum- Where to enter- Buy and hold tradeEthereum accumulated almost 2 years and finally broke above 300 resistance. The price reached almost 500 and now is correction/ consolidating.
I expect a strong bull run for this cryptocurrency and 400 could be a good place for a buy and hold trade.
I expect for ETH to at least double its price in 2021, but this prediction could be pessimistic and ETH could easily pass 1k in 2021
Updates: Ethereum is bullish!!! We're in profit!!!Well, I suggested to put a break even in the $370 USD, so, our target profit will be $391 USD as I say you in my previously technical analysis of Ethereum.
So, if you entry approximately at $373 USD on Saturday, noticed that we're in profit earning good money!!!
So, I'm keep my position in long from Saturday in Ethereum toward the $391 USD.
ETHUSD 4H-TIMEFRAME ANALYSISETHUSD 4H-TIMEFRAME ANALYSIS
Hello ladies and gentlemen
This is my new idea for Etherum
My idea is that ETH In the short term, it will continue to decline
Real support is between 250 and 240 It would be good to test it (the goal of breaking the wedge)
I hope my idea is clear
Support me by like and share
Good luck
ETHUSD double bottom and break of trend line + Bullish engulfingETHUSD
Around 309.00 area price got rejected twice and formed a Double bottom and bounced back from this level
Currently the price is above .236 Fibonacci retracement level. In 4 hour timeframe we are expecting a bullish engulfing candle. And its also reached a price action level and previous lows may turn support for the bear
Series of Higher high Higher low and Higher high was forming which is a bullish sign. In Elliot wave principal the 2nd wave is completed and the 3rd way is underway. We are expecting this 3rd wave will end at .50 Fibonacci retracement level and resistance zone and a key psychological 400.00 level
.50 Fibonacci is coordinated with the Lower high of Previous lower side impulse wave. And this level will act as resistance for the bull. If this level broken then the next target would be 450.00 which is a .786 Fibonacci level and swing area
The 50,100,200 Exponential moving average is acting as resistance for ethereum. RSI managed to move above 50 mark
If the USD will remain weaken we can expect this crypto will visit the 2020 high level which is around 490.00. On downside 310.00 will remain act as a major resistance level
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ETHUSD 4H-TIMEFRAME ANALYSISETHUSD 4H-TIMEFRAME ANALYSIS
ETH broke the support at 355 with high liquidity
Now it is back to test the area that is now resistance
It needs high liquidity to overcome the resistance
My analysis is that ETH will fail
He will have to return to test the temporary resistance at 310
I will update and share other ideas with the upcoming CRYPTO MARKETS movements
Good luck
ETHUSD Analysis: Further Weakness Ahead!Ethereum "ETHUSD" reversed from resistance level and break out of ascending trendline and support zone.
Price is currently reversing from ascending trendline and has the potential to retest the broken support as resistance.
Watch out for bearish price action signals from the swing level for a longterm short trade opportunity.
Targets at a support level around $250 are very probable!
What's your view on Ethereum? Kindly let me know in the comment.
Thanks,
Veejahbee.
ETHEREUM has broke the previous year July high levelETHEREUM COINBASE:ETHUSD
On month starting this cryptocurrency has briefly reached the 490$ per one ETH.
As the bitcoin tumbles ethereum has also giving back some of this yearly gain. And the price is currently trading below the July-2019 high which is previously acted as support for the bullish run.
In daily chart strong bearish engulfing pattern is underway. If the price close below the 364$ mark in daily timeframe. More sellers will get in to the action.
The next target will be around 300$ level which is the next major resistance zone. Stop lose may place above 400$ level. In Elliott wave analysis the 5th major wave is completed and the minor correction waves are forming and will update about the wave formation in coming days
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Disclaimer
It’s not a financial advice. Do the analyze and take a decision.