Ethusdlong
ETHEREUM AT RESISTANCE.Welcome to the ETh update.
I'll keep it short and simple. ETH is currently at the resistance of $3040 which is an important level for ETH to break in order to rally higher. A rejection will drop the price back to $2.9k to $2.8k.
We have booked good profit on ETH so far and I am gonna hold 20% of my position just to see if ETH can break through this resistance.
Let me know what you think about ETH.
I'll see you guys on my next update.
ETHUSD LONG - Buy Entry - H4 ChartETHUSD LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: ETHUSD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
TP - Resistance @ 3142.78
TP - Resistance @ 3321.17
PP Y1 - Pivot Point Yearly @ 2870.8033
D1 Support @ 2807.27
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ETHEREUM: $3K SOON!!!Welcome folks to my new update on ETH.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
We are already 10% up from our entry and with 10x leverage, it is 100%. Honestly speaking, ETH has the potential to reach $3000 and above by the end of this weekend. I am expecting ETH to reach the upper resistance trendline soon. This will mean a 25% gain and with 10x leverage 250% which is huge for a short-term gain. I am holding it and I will partially close my positions as it will rally higher. Also, I am gonna accumulate more if ETH shows some sign of retest. The invalidation is still on and now even if ETH drops and hits our SL, still we will be out making profits because of this recent rally. This is how we do strategic trading.
I will update you more on this so keep in touch.
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Thank you.
#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to our ETH/USDT 1 day update
As we can see in the above chart that it broke the upper trend line and traded above the red ma, we are expecting hare it to retest the upper trend line which will be the confirmation for an uptrend in the daily time frame.
If it retests then the green zone then it will be the zone to go for long.
If it brakes down the trend line and red MA it will be the invalidation of this chart.
entry:-$2770,$2870
target:-30% to 40%
stop-loss:-Red MA brakes
Sorry for my English it is not my native language.
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Ethereum (ETHUSDT) | The best scenario for climbing📝Hello traders, Ethereum in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
Based on the count we had for this currency, the 1st, 2nd and 3rd major waves are over, and we called the four-wave the main 4 wave, considering that the trend was not formed in the direction of the 3rd major wave.
In previous analyzes, we compared wave 4 with wave 2 and said that this wave was shallow and short in time compared to wave 2, which was deep and time consuming.
... But given the recent descent of wave 5 from c zigzag, it changed the notion that wave 4 would be a shallow wave, as well as the structure we had in mind for the wave.
Our view now is that wave 4 is formed in the form of a zigzag, which is almost complete, or in the form of a flat, the c wave of which will be shorter than the other waves.
Generally:
We are inside wave b of flat or wave 1 of 5. (And the structure is very far from expected within the x-wave)
Defining the recent trend, considering the 0.88% decrease of wave b compared to wave a, we assume that the pattern will be more like a flat, and from this flat-wave-b- is being formed.
Wave b probably completes its waves a and b and now forms wave c, and to completely confirm this wave, it is necessary to completely break the bottom of the channel.
If the downward warning range is broken, we are still in the descending phase.
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#ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members.
If you follow our charts then you can see that as we mentioned in our previous chat that it will bounce from the upper trend line and it moved up perfectly we also advised that you can take a position in a spot or low average.
If you are holding at the spot then you should hold for the longer time period and if you are holding in a low average like 2x-5x then you should hold it to the $2700 - $3000 mark.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ETHUSDT - Descending Broadenning Wedge PatternETHUSDT (1D Chart) Technical analysis
ETHUSDT (1D Chart) Currently trading at $2875
Buy level: Above $2850
Stop loss: Below $2410
Target 1: $3075
Target 2: $3300
Target 3: $3650
Target 4: $4150
Target 5: $4800
Max Leverage 2x / Spot Market
Always keep Stop loss
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ETHUSD LONG ZONEFor More Daily Detailed Analysis, Go ahead and click on the Follow Button,
Here we have our ETHUSD chart.
We are looking to the upside after price settling in a channel fashion, as we have seen across various cryptocurrencies.
On this lack of movement we can take note of the market and it's indecision. Since price is already feasible we can take our longside Trades in line with our long side, long term bias.
RE enter on dips after first Target.
ETHEREUM UPDATE.Welcome folks to this ETH update.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
ETH has not shown any drastic change in the price. For the last two days, ETH is trending between $2554 to $2653 which could possibly be an accumulation zone. It is also important to see that ETH is trending below the 21 MA which makes it a little uneasy to take a long entry. Now, to enter long on ETH, it is important for ETH to break through the 21 MA and the support level drawn in the chart. I am already holding ETH on spot and I will enter leverage trade on ETH if it breaks out or if it dips back to our previous entry-level ($2380 to $2470).
In this kind of scenario, the market either takes a quick jump or a quick drop. So, be extra cautious with your trades.
I hope this idea was valuable to you. Do like, follow and share this update with as many traders as possible.
Thank you.
Ethereum: Intraday Trend Line SupportEthereum - Intraday - We look to Buy at 2502 (stop at 2434)
The trend of higher lows is located at 2480. 2501 has been pivotal. The previous swing low is located at 2444. We look to buy dips.
Our profit targets will be 2676 and 2736
Resistance: 2680 / 2800 / 2900
Support: 2550 / 2500 / 2400
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ETHUSD Long ZoneFor More Daily Detailed Analysis, Go ahead and click on the follow Button.
Here we have our DAILY ETH Chart.
We looked short yesterday on the recent fall. As we tip down we can start to get lightly long managing our risk on this HVA.
As we arrive at a previous market memory zone, we can look for a move to early resistance and an exit.
Use eclipse symbols and arrows for guidance on price.
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 !