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Ethusdidea

My ETH/USD Plan - Short Now, Long LaterWe are currently rolling over after hitting the neckline of this inverse head and shoulders. We will create the right shoulder and reverse to the upside when price hits the macro 0.618 which is perfectly confluent with the 0.5 level of the inverse head & shoulders. Any proper inverse head and shoulders should never pass the 0.5 line with the shoulders and the macro 0.618 reinforces the heavy support in that area along with the lower trendline. I'm currently short from the 0.786 line (marked in red) and I will take profits and enter a long at the yellow line. I'm expecting a mirror image from the other side, so the right shoulder should look something like a W/double bottom.
BYBIT:ETHUSD.P
by DigiLex_LLC
#ETHUSDT Looks ready for another rally after the retest!!Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. ETHUSDT Looks promosing here, Broke out of the channel . I personally accumulated ETH around $2900 and holding on low leverage. I expect some retracement here $3045 to $3185 and then continuation. Upper resistance levels are:- $3333 $3325 $3615 $3900 IF ETH IS ABLE TO BREAK THE 4K AREA AGAIN, IT'S HIGHLY LIKELY WE WILL SEE A NEW ATH!! What's your thought on this? Do you think this correction is over? Do you think ETH could easily pump from here? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE


Long
by Cryptorphic
11
ETH/USD Will eth hit a new price ceiling by the end of the year?This chart is from 2016 until now 2021, when you see a long-term uptrend channel.In this channel, the price in the other channel is bullish, which Atrium still maintains.We know that September is the worst month for the market. The last 3 months of the year are the best month for the market According to ETH expectations, I can reach my long-term upward channel midline, which is $ 8,000 to $ 10,000.Due to the high output of the exchange, I can see a high price for it Are we still in the middle of the road, can we see more price? I have to say yes, my forecast is $ 8,000 to $ 10,000 by the end of the year. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
BITSTAMP:ETHUSD
by detxcapital
7K ETHERIUM BY NOVEMBER?This analysis strategy worked well prediction the BTC drop from 53K to 42K recently. Same strategy applied here and you can see the market is ready for BIG GAINS! I'll leave the link to the other IDEA here. The chart is self explanatory. There are similarities in the chart patterns and RSI patterns from 2 different points in time which LAST TIME led to a "predictable drop" (BTC 53K to 42K) If it follows the pattern precisely, we can IDENTIFY GOOD BUYING OPPORTUNITIES and SELLING OPPORTUNITIES!
BINANCE:ETHUSD.PLong
by Mboersma0324
ETH potential patternHi everyone, Today I would like to bring your attention to the possible pattern on ETH. Take this as you will, but I think where we are now is eerily similar to 5th of September 2017. Both in 2017 and recently we had a rising wedge consolidation with a massive blow off top forming after breaking up from the wedge. The blow off then retested the bottom of that wedge as support, bounced and retested the ATH. After the retest of ATH we get a sharp correction and a test of formed bottom. ATM we haven't yet tested the double bottom that was formed at $2400, and really there is no way of knowing whether ETH will get there. But if ETH does get to $2400-2600 range and holds that as support, I think there's a good chance ETH will target $10k and maybe more. See the image below for the pattern in September 2017. Please do leave a comment below, Thanks.
COINBASE:ETHUSDLong
by bunge_e
ETHUSDt signal (LONG)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: 3300-3400 target zone: 3600-3700 stop: ~3220 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 2.5 Good luck everyone! Follow me on TRADING View, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions(Looking for investors!).
Long
by trytofeelpositive
1
Another dump for ETHUSD or straight up from here? Crypto has been mega bullish lately and the king of altcoins holds its price as other L1 and L2 competitors find astronomical gains in this bull market. From a technical perspective ETHUSD may need another push down to wipe out overzealous longs before it is able to push up to test the all time highs. BULL CASE If the bulls find conviction, we think the 4500 levels will be tested and blown through before downward correction to retest it. BEAR CASE It might not be economically optimal for market makers to push price up from here. After all their job is not to make everyone rich. We think a correction down to 2920 may be in the plays to liquidate traders before price can find conviction to the upside.
BITSTAMP:ETHUSDLong
by IkanBilisCapital
7