ETH chart on 1W Time FrameLooking ETH here bouncing on support for a second time .
If ETH does not manage to hold this level I will be expecting a retracement back to $1,710 - $1,800 .
And if it gets worst I will be expecting a bounce around the first blue box of support around the $1,000 - $1,300 .
If we fail to support that area my guess its that we will be going more down very hard and fast .
Now lets see a more bullish scenario on ETH .
Lets consider that we will hold this level and bounce , In this case I would expect a pump to retest $3,200 and then $3,500 - $3,600 .
Moreover, in the case we get even more bullish , we could visit $4,000 and more levels as we go up .
NOTE : I would NOT enter very big longs or shorts positions , as taking into consideration the current geopolitical factors affecting the markets there is uncertainty and too much volatility when it comes to moving . So be careful and consider using stop loss.
DONT TRADE WHAT YOU CANT AFFORD TO LOSE !
Ethusdidea
Ethereum under triangle's supportEthereum also recovered some losses since late January, but, unlike Bitcoin, the last leg up just touched 3k, around 8% lower than the first, giving us an indication that the coin is weak.
Looking at the chart we can see that a symmetrical triangle has formed and now the price is under rising trend line support.
Triangles are continuation patterns and the target for Ethereum is 1700 which is in line with a very important horizontal support.
EthUsd back above 2800 would put a pause in this scenario.
Sell Limit ETHUSDWhat I see:
- Price is looking to complete the 2nd half of the head & shoulders
- 5 rejections from zone
- 3 rejections from support zone
- 3 rejections from resistance trend line
- 2 rejections from support trend line
- Stochastic is oversold and crosses in the 4hr chart
- Price is currently around a previous major structure level (2558.48)
- Stochastics in the daily chart is heading towards oversold.
Price will most likely long towards 2799.75 "SAFE SELL ENTRY" for a zone retest as price is currently around a pivot point, stochastic is oversold in 4hr and there's a hammer candlestick confirmation.
After, I'll be expecting price to short towards the ascending trend line. More specifically, 2418.30.
ETHUSD, can we make another Swing High at the top?Hi Traders,
Looking at the Daily time frame we can see that price is moving within a reversal structure which has room to climb to the top before it makes a reversal downwards. Looking at the current price action we near the bottom boundary which may be tested again before getting breakout of the respected trendline.
In my view, I am short term bearish and long term bullish. Look for LTF opportunities on this pair.
Comment below and share your view, click the like button if you agree!
Trade Safe!
ETHUSDT - Trend Breakout!!ETHUSDT (2h Chart) Technical analysis
ETHUSDT (2h Chart) Currently trading at $2630
Buy level: Above $2670 ( Buy After Breakout)
Stop loss: Below $2490
Target 1: $2750
Target 2: $2865
Target 3: $3040
Target 4: $3190
Max Leverage 3x
Always keep Stop loss
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ETHERIUM 4HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 1 Uptrend in green color (Long Term Uptrend)
We have 2 Downtrend in red color (Internal and Long Term.
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Yellow Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
Ethereum Intraday ShortEthereum - Intraday - We look to Sell at 3149 (stop at 3211)
Daily signals are bearish. Trend line resistance is located at 3160. We look for a temporary move higher. Preferred trade is to sell into rallies.
Our profit targets will be 2981 and 2931
Resistance: 3100 / 3150 / 3200
Support: 3000 / 2950 / 2900
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ETHERIUM 4HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 1 Uptrend in green color (long term uptrend)
We have 1 Downtrend in red color we are currently trying to break.
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Yellow Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management