Ethusdlong
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.
ETHEREUM Is Confused...But The Price May Rally.Hey trader, I hope you're having a profitable week and ready for NFP!
As you can see, the price is bullish running in the double bottoms L2 and above the bullish crossed short-term MA's. It is preparing to rally for the patterns L3 and 200 MA (that is not visible here but on my MT4 chart). We'll get the confirmation once the price has bullishly closed and retested above the Daily H&S Neckline and 8 MA. However, our signal can be rejected because the price previously bullish broke and didn't retest the 1st Monthly Key Lvl, Mini Weekly H&S Neckline together with the 50 and 21 MA's; which gives us a bearish target that the price might anticipate.
With that in mind, take the trades at your own risk. This is not financial advice; I'm just sharing my point of view. If you decide to take the trade and lose, do not blame me but yourself!
That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section below or in private, I'd love to know your thoughts and connect ;-)
Stay Blessed Baby,
Sphatrades.
Etherium - After the release of important news goes to test the As expected, the U.S. Federal Reserve increases the interest rate by 75 basis points (0.75%). It is now at 4%.
On the background of this news we saw increased volatility in the markets.
The buyer failed to reach the local highs and the chart continued to move in the downward channel. Maybe this formation lures the market participants to the short for the further movement at the expense of their stop-losses.
If we do not see a resumption of buying at 1480, we can expect a test of the buyer at these prices: 1) 1360. 2)1220.
If you liked the idea, please like it. 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.
The previous idea is still relevant, at any time we can see the resumption of buying.
ETH/USDT - LONG SCALPING-- 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 ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Long)
Leverage: Isolated (5.0X)
Entry Orders:
1) 1609.65 - 100.0% (344.7864 USDT)
Take-Profit Orders:
1) 1633.5 - 65.0%
2) 1649.7 - 25.0%
3) 1723.75 - 9.998%
Stop-loss Orders:
1) 1574.55 - 100.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
Etherium is a successful exit from accumulation.At the moment sales are not visible, we move to the local targets. Correction is possible.
If you liked the idea, please like it. 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.
In this idea this movement was predicted.
Possible Wave 4 correction done, Wave 5 now for ETHThe target zone all depends on what ETH decides to do here, we can still correct lower to the $1460 or $1425 range, but means that the bounce will be higher.
Wave 5 would be the 1.618 retrace of wave 4 which currently bring us to around $1665 which imo there is a lot of liquidity to be tested there.
RSI on the 1hr also is at lows, once it bounces and breaks the resistance trend line, expect moves higher.
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 ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Isolated (5.0X)
Entry Orders:
1) 1305.59 - 100.0% (249.0279 USDT)
Take-Profit Orders:
1) 1335.89 - 75.0%
2) 1372.85 - 20.0%
3) 1551.8 - 5.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
EthUsd- Etremely important breakAfter more than a month of consolidation in a tight range between 1400 and 1250, Ethereum managed yesterday to break out and accelerated its gains to 1500.
This break is very important technically for 3 reasons:
1. The break is to the upside suggesting accumulation
2. The break of horizontal resistance coincides with the break above the falling trend line from the recent high at 2k
3. This break confirms 1200 as a higher low and very strong support from now on.
In conclusion, bulls are favored and I expect continuation to the upside.
From now on, buy dips can be a good strategy and an ideal zone for this is between 1400 and 1430 with a stop loss under 1200.
Targets are as follows:
1. 1750 the high from the recent leg down and an old support
2. 2000 the recent high and psychological level
3. 2500 important technical and psychological resistance and also 100% rise from the recent low, equal with the initial leg of correction from under 1k.