ETH Targets and Exit plan 📣Hello Traders. Hope you are having a fantastic day.
Today I want to talk about ETH. As you can see ETH is continuously making ATH`s. What is the exit plan and TP`s?
Well as you can see, right now ETH is trading above the 2.168 fib level and weekly candle has closed above this level so ETH is extremely bullish right now.
Next targets for ETH are next fib levels as shown. First is 5k which is the 3.168 level and next targets are 5822 and 6339. So in my opinion you should keep
an close eye on those targets. Personally I think 6k+ is a good take profit point but you do you.
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Thank you guys for reading my idea on ETH and don`t forget to comment what you think. ✌
Ethusdidea
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 add one more short at 3275 on H1ETH Short at 3275 , Sl at 3550 TP 2900 ( Swing trade or small margin)
Since ETH went down from 3525 on 4th of May 2021, at the moment it retest MA50 on H1 at 3275 , plus MA9 about to cross down MA50 on H1 , RSI on H1 from 50 down to 46 (head south)
=> addd one more ETH short order at 3275 target 2900.
ETH Short at retest 3426, Sl 3565, TP 1 3240 Tp2 3000Since Eth break out upntrend line from 2800 to 3525 within 4days,
On 4/May/2021, Eth closed daily candles as brearish, also break out of uptrend line at 3375-3400 (price zone), RSI on daily have divergences at 76 go south.
Trading Plan: Short Eth at back test uptrendline (3375-3400) Sl at 3550, TP1 at 3230, TP2 at 3000.
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
ETH possible playoutETH / USD
Ethereum respected this channel since late dec 2020
Currently price is trading around middline of channel
I think we will have a bullish wave soon
either from middle line Support or bottom of channel
For a new position i think lower support of channel is more attractive to me if the market will give us opportunity
Good luck
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
EthUsd- You missed by an inch, you missed by a mileTwo days ago I said that I'm bearish EthUsd and I'm looking to sell
Unfortunately, my trade was stoped with a loss, but this didn't make me change my opinion nor the price evolution gives reasons for bulls to be happy.
Looking at the chart we can see that Eth has risen in a channel and made a new ATH, just to quickly reverse and drop under the channel's support.
The structure at this point is very bearish and the new ATH is an important top that I believe will hold for quite some time.
IMO rallies should be sold and 2350 and 2500 could be zones of interest
My first target is 2k
Eth has reached my sell zoneAs I expected, EthUsd had (in my opinion) a corrective jump after the steep losses.
Now is trading above 2300, which represents my sell zone.
As I said before, I expect a new leg down from Ethereum and a new challenge of 2k support
A consistent break above 2.4k would negate my scenario but, as a speculator, I would take a 1:3 R:R trade any time of the day
Ethereum Linear Regression DailyWith a strong R value of 0.85, this is a strong linear regression trend
I find 2200 a nice entry point, just above the middle of the regression trend (for traders)
Ethereum price looks very healthy, with a wick extending to the top of the Gaussian Channel
Weekly ETH looks just as good
Digital Diamonds !
Ethereum- I'm looking to sell for a new leg downLike all crypto market, Ethereum has dropped hard Saturday night and spiked down under 2k important figure.
As normal, a recovery followed and, at the time of writing, is trading at 2250.
I expect a new leg down, and I'm looking to sell around 2.3k
A sustained rise above 2.5 would negate this scenario
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
Good luck.
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