Ethereum thoughts in hearing.Good morning, colleagues!
I continue to think about this instrument.
Cryptocurrency markets are having a hard time now, but the hardest times are ahead in my opinion. If we start from what I see on the chart, I can say only one thing that this is not the worst, there will be more, but let's not get ahead of ourselves and thank for what we have.
Back to the chart, the price at the approach to the upper part of the trading range shows weakness, which draws weak players into the game and this is a great opportunity to sell the asset at favorable prices.
Based on the fact that in the price range of 1010 - 1100 there is a lot of floating prescription, we can expect the resumption of acquisitions from here, because in order to go to the top we need fuel at the expense of whom we will go.
Thank you for your attention, I wish you success!
P.S.
All key prices are displayed by markers on the price scale...
Ethusdlong
ETHEREUM - 30MIN LONGHave a nice day dear traders. After a short break we are going to trade again
Currently today we will look at Ethereum on the 30 minute chart where if the candle closes above $1219 today we are heavily
longed up to the zone around $1276 I definitely want to look for long positions here, stay tuned today
ETH/USD Critical Breakout Level of 3 Year Structure!Hello Traders,
Haven't made a post in a year since I called the top of the last bull-run (you can see it in the linked ideas).
This post is an alert to anyone watching the macro of crypto. A confluence area of .786 Fibonacci retrace, 2018/2019 all-time high, a year old supply line breakout, and 3 year old support line is where the asset is currently priced.
As of yesterday, we have broken the supply line to the upside.
Now, to me, this does not mean buy immediately, but it does mean we need to monitor the price action for the next month or so. Any confirmation of a breakout whether that be a backtest or a pump may indicate that the bottom is in.
Price target for next ETH bull-run is $7,000 - $12,000+.
Don't believe me? That's okay, who buys crypto going into a telegraphed recession anyways?
This post is for clout so I can flex on my friends two years down the line at the top of the bull cycle 😁
All the best,
dysonring2050
ETH Pump to $1250 LONG I was incorrect with my last idea, I am still new to trading and am still learning new things.
We tested the 4 hour Order Block and rejected it well, with a Change of Character. It is very likely we will change to short term bullish before making any lows.
I think on the higher time frame there is a symmetrical pattern in play and before making and lows or highs we will test the upper end of it.
I am personally trading this with risk management, NFA.
ETHEREUM: GOOD MOVE INCOMING!Hello traders, I hope your Christmas was great. I had a great time with my family and friends and it was blessed.
Well, it's time to get back to the market, and here we are with the ETH update. I am gonna use the 8 hours timeframe to analyze the chart.
Currently, ETH is dodging between the support and resistance lines. With the price trying to break above the resistance, I am expecting a 10% to 12% upward move on ETH. The indicators supporting this move are the RSI and the 21 MA. Technically, if ETH manages to hold on to the lower supporting trendline then it is fine but if ETH breaks down below it then we may see some bearish tension.
If you wanna trade on ETH then $1188 to CMP will be a good entry-level. Stop loss will be at $1145 and the target will be 8% to 15%.
Note: Trade at your own risk and if you are confident enough. Do not take it as financial advice.
Thank you for reading. Trade safely.
ETH ANALYSIS#ETH UPDATE.
#ETH is currently trading in rising wedge pattern which is generally a bearish pattern .On losing the lower band support we might see eth again testing the blue box support area once again,keep eyes.
Eth - intraday tradingDisclaimer: If you think this chart is a mess, you are wrong. Here, we are dealing with lots of fibonacci lines to find confluence at specific zones we want to trade. As we want to maximize our profits, we want to trade at highest possible risk reward ratio. As this is a game of possibilities, our job is to find specific zone with highets probability to make price reaction.
Confluence? Yes, we are looking for that
Fibonaci retreace 170.6%
Fibonacci extension 1.114%
Fibonacci retreace 50%
Yellow trendline
EMA 200 30min timeframe
FVG huge green candle
6 confluences to make a trade. Its never only one thing. 15 min and day is over :)
And if you are asking, is it possible that we miss our trade entry? Yes, many times. But always backtest your strategy and find why did you make a mistake. Your future decisions will be better.
Happy trading :)
Tools:
- Fibonacci retreacement
- Fibonacci extension
- Pitchfork (All types)
- Trend lines
- RSI
- EMA fibonacci numbers
If you take closer look, you can see how price respects the lines. Therefore, if the trade analys is good, we can find a place where the top/bottom of the wick will happen, place an entry buy/sell order and let the magic happen :)
ETH ANALYSIS#ETH UPDATE.
#ETH is currently trading at the resistance area on daily,since eth could not close above the resistance last day we must wait eth to close above the blue box resistance area.On closing above the resistance the next resistance for eth would be pink box area.
ETH ANALYSIS#ETH UPDATE.
#ETH is currently trading at the resistance at the purple box area and still struggling to close above the same.On closing above the resistance eth might test the pink box resistance area ,however on rejection we can expect eth to test the green box support level.
ETH ANALYSIS#ETH UPDATE.
#ETH is currently holding the double bottom support on 4 and 1 day TF and break below this could result in more dump in the price of eth.
ETH, Up or down? lookDaily Time: The price is in a triangle pattern .
We have two views:
1. A bullish view that with the breaking of the upward triangle can move towards the targets of 1600, 1750 and 2000 . (according to the movement we drew)
2. A bearish view that can touch the 1000, 900 and 800 targets by breaking the downward triangle. (According to the movement we drew)
Important: Because the triangle is formed in a downward trend, the possibility of falling and decreasing the price is more likely, and this triangle is likely to be broken downwards.
ETH ANALYSIS#ETH UPDATE.
#ETH isd currently trading at the blue box daily support and if eth loses the current daily support it is lost likely that eth might test the green box support on daily soon.The next possible move would take 4-6 hours so keep eyes on that,however purple box is the current resistance and eth needs to close above this level for any upside move.
ETH ETHEREUM LONG TRADE 20221208Signal:
Red -> Green
Context: Green
ETH, ETHUSD , ETHUSDT , ETHUSDTP, ETHEREUM , CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
ETHUSD - It is what it is - Still more downside to comeETHUSD looks bearish.
It is what it is . Probably many people would prefer to see higher prices but BTC broke the key support and ETH is lagging behind. It will have to catch up .
Probably some FUD would be a trigger for a dump.
What could it be? Do you have any clue? Feel free to share your FUD ideas in the comment section !
ETH Long ScalpI currently see a very high risk to reward trade on ETH, we have a nice 1 hour refined block in a 4 hour orderblock. Nice flip on liquidity since FOMC.
Im entering this entry at 100x LEVERAGE
ENTRY: 1270
STOP LOSS: IF PRICE CLOSES BELOW 1265 ON THE 5 MIN TF CLOSE POSITION
TP1: 1282.8 or 1% RAW
TP2: 1333 or 5% RAW
ETH/USD possible trading ideaOkay so when we have a look at the chart we can see that the price is not moving much these days. What we can see now is that the price has not gone below a small time frame support now and that we also have a possible ascending wedge happening. I think that this could be a valid ascending wedge because we got at least 3 times that the wedge was touched and did not got crossed. What I am now waiting for is for the price to go back to that wedge and see what it will do then.
I think that the price will go above the wedge and then do a retest of that wedge before we get the real big and good pump to the top. I think that this could take a while before we got this and that the big profits could even take longer because we have all of the trading in crypto that is going a little slower then we are used to.
So for now it is waiting and just keep an eye out the price to get to the wedge and then wait for the retest before we can enter the trade.
If you have any questions, feel free to send me a PM.
If you like the idea don't forget to leave a like and feel free to comment your idea for this pair.