ETHPERP - Weak resume shopping.After the test of the buyer at the price of 1168 there is no progress and volume, the price failed to break through the local maximum, which tells us about the possible further decline in the price or we can expect a retest of the buyer in the range of 1111-1133. On the chart there is a buy zone, from where we can see a resumption of buying, if the buyer does not show strength, the price will go even lower.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your
your friends.
Ethusdlong
ETHUSD Forecast: Day trade set-upHey trader,
As you can the price is currently bullish running in the head and shoulders accumulation phase, and above the 50 and bullish crossed short-term MAs. The pattern expects a 3-level uptrend, and the MAs expect a retest/bounce on the 200 MA (that's visible on the MT4 chart) as well as the short-term MAs trend. This bias will be fully confirmed once the price has bullishly broken and retested the 1st 4H Key Lvl. If the price rather decides to dramatically bearish break and retest the Mini 4H Half a Bat Neckline together with the 50 and 21 MAs, our bias will be rejected.
With that in mind, do not take the trade because this is not financial advice. I'm just sharing my views. You also can do the same in the comments section below. I'd love to know your thoughts!
That's it for today. I hope you found value in this article. If you want to see more similar content, click the articles listed below.
Stay Profitable,
Sphatrades.
ETHUSDTPERP - The test looks successful.The buyer was tested at a price of 1168. From where we can see the sales absorption on the increasing volumes and the spread widening, this formation tells us that the strong hands at the moment are interested in the growth of the asset's price. Thus, for 21 days we can see the price of the second cryptocurrency at 2000 for one coin.
If you liked the idea, give it a like. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your
your loved ones.
Etherium - On the chart we can see the buyer testAfter a successful distribution the momentum is approaching the final stage of development . For a successful test, our buyer must confirm its presence in the 1133-1188 range.
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Please read the previous idea for a detailed understanding.
Etherium - Further price declines are expected.After the sot on the chart saw an uptrust (ut) and test. Which signals that the asset will fall in price. At the level of support the buyer did not hold the price, after which the shedding began. At this period of time there is no support on the chart, most likely this is not the end of the movement.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
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Etherium - Price stands on local support.After the release of the data on the chart, buyers held the price at 1544 and pushed it up 8.96%. This tells us that we will most likely see a continuation of local growth if the price doesn't fall below 1544. We need to pay attention to how the price will react to the approach to the level of 1661, we can see several variants of the situation.
First: a false breakout of the local highs and a sharp reversal back and further decline in the price, which will go to test the buyer.
The second one: a structural set of positions by the buyers who will absorb the current supply in the market and push the price to about 2000, where the distribution of the asset can start.
If you like the idea, like this. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
As said in the previous situation we saw a false pullout and a strong impulse movement.
ETH Longat the moment i am wait for a retracement to my .236 lvl of 1608.35 and that will be my long entry i wont have a sl so put your own and my tp 1 will be at 1788 and my tp 2 will be at 1873
Will cut them if the daily closes below my .236 lvl of 1608.35
Or if you want to be safe then wait for daily candle to close above
ETHUSD: Breakout structure and potential UPSIDE MOVEMENTHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the ETHUSD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
In our previous forecast, we were quite bearish on this market considering the overall bearish momentum followed by several bearish structures.
Recently the market started squeezing and exploded to the upside with a strong and sharp impulse.
This allowed us to change our current bias, starting considering a different perspective.
As you can see in the chart, the market formed a falling wedge and it broke to the upside, correcting and eventually preparing for further upside movement.
When, where and why would we step into the market?
Currently, the price left the main structure and is consolidating just above it! Before entering any position, we would be waiting for a deeper correction, targeting the level 1800, area where the previous swing high could potentially reverse the overall market.
If the LTF structure fail, dropping without any confirmation, the overall setup will be invalidated and no action will be taken on this market.
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Cybernetics Trading Lab
ETH/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
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ETH/USDT - LONG ETH released a breakout----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
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$ETH
Here we go!
ETH released a breakout & going upwards📈😎
⚡️⚡️ #ETH/USDT ⚡️⚡️
Client: My-ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (5X)
Entry Targets:
1) 1688.45 - 100.0%
Take-Profit Targets:
1) 1765.05 - 20.0%
2) 1826.05 - 20.0%
3) 1930.05 - 20.0%
4) 2092.80 - 20.0%
5) 2257.85 - 20.0%
Trailing Configuration:
Entry: Percentage (0.5%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (2)
My Other ETH Idea/FractalThe other idea & fractal that fits pretty well is this one. In the immediate short term, it would have us retrace into the 1558 demand zone and make a higher low before continuing higher. We would end up in the last fair value gap on the upside that needs to be filled, which also coincides with the macro GP from ATH. You can also take the measured move and it lands right in the same place.
Ethereum Update | ETHUSD3 things happening in ETH
1. We are currently breaking out of the down trend since Dec 2021. Clean breakout.
2. Mini inverse H&S forming for a breakout towards ~$2000
3. If we break out to wards ~$2000 area we will then form a large Cup & Handle
Although doom and gloom everywhere this seems like a very likely scenario to me. Would be nice to get a Santa Rally
Etherium - We see a resumption of buying.Yesterday closed the day with a weak buying bar with a selling tail, which tells us that there is a buyer and that sellers continue to press the price. But the second cryptocurrency's price rebounded 3.5% today (at the time of writing this post). The U.S. non-farm payrolls data is coming out today (forecast
250K), which tells us of increased volatility. In order for the price to continue to rise, we need to remove liquidity, to go for stop loss losses of the longs. Perhaps we will see a spike to the bottom with a quick buyback of the asset. This is my subjective opinion, no matter how it is, but the market is always right.)
If you like the idea, do like it. That's the best "Thanks!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Please pay attention to the previous idea and feel free to share your opinion in comments.