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.
Ethusdlong
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.
ETH ANALYSIS#ETH UPDATE.
#ETH has bounced back from the double bottom after the breakdown from the ascending triangle Longs will be open only if eth closes above the red box resistance on daily,however on losing the purple box support eth will test the green box support area .
Ethereum- A daily close above 1300 would be strongly bullishAs I said in my previous analysis, as long as 1100 is intact, Ethereum is bullish.
The structure for the coin is becoming more and more clear and bullish with a confirmation of a double bottom in place once we have a daily close above 1300.
In such an instance 1500 is my first target, a level given by the horizontal resistance and the measured target for the pattern, followed by the 1650-1700 zone.
A higher low should be in place now at 1240 and this bullish outlook is intact as long as the price stays above this level.
ETHPERP - Successful buying.The accumulation continues. The price is near the local highs. Most likely, we will try the highs after a correction and a test of the buyer's zone of interest, which is in the range of 1077-1131. If you resume the purchases on the chart, there is the volume, the result and the progress. We expect the completion of the correction before entering the trend.
If you liked the idea, give it a like. This is 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
your friends.
ETHUSDT in the range short-term moveIf ETH breaks the resistance at 1230$, we should see a move towards the next key resistance which is at 1290$ .
Currently the price remains in the mid of the range. Pullback to the bottom of the range is still possible.
2 scenarios visualized on the chart.
Break below the support (green line) would be an invalidation . Stop loss in place is highly recommended . Good luck
ETHUSD: Is the market preparing for the next BULLISH IMPULSE?Hello, 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 HTF the market bounced on a strong resistance level in July 2022, and since then we could see a strong bullish impulse phase.
The market then, started a long correction, keeping anyway a bullish perspective.
In LTF, the last bearish impulse broke into the resistance level, but quickly reversing back, clue of a potential false breakout.
A new LTF bullish flag is currently forming, and it could lead to a potential further bullish movement.
When, where and why would we step into the market?
Before entering a long position on this market, we would get a confirmation by a breakout of the LTF structure, increasing the odds in our favour.
Considering the overall bias, we are confident to see a great movement to the upside.
However, any breakout to the downside would invalidate the setup, and no action will be take on ETH.
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Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
ETHUSD: Will ETH Have a Bullish Breakout Soon? 😟 Nov. 18This week, we will stick to the 4-hour time frame to analyze the price action in detail!
Just like Bitcoin, ETH has not been able to recover significantly from the lows it hit last week. After the sell-off, it tried retracing back to the resistance at $1,280, however, the price was rejected which indicates that the bears are stronger than the bulls at the moment.
Until ETH is able to reclaim the resistance at $1,280, an upside movement cannot be seen. ETH has tried breaking the resistance multiple times this week but failed.
If the price is able to sustain over $1,280, traders can expect it to rapidly rally to $1,420.
Traders can look to buy ETH only once it is able to cross the resistance, as the price can still break down and hit new lows. If the last standing support at $1,071 is broken, expect the price to plunge to the demand zone at $900.
It is too early to say which side the price could go to, therefore, we will maintain a neutral outlook for this week!
The important price levels for this week are $1,250 and $1,420!
Ethereum #ETH Long?Alright here is the thing, there are plenty items suggesting that ETH #ETH can potential break to the upside.
We are looking at the 1 HR chart here:
- Falling Wedge 1 worked great along with Falling Wedge 2.
- Do you see a Falling Wedge 3 forming with a potential upside?
The only contradicting item is that currently BTC #BTC as posted previously is shown signs of a break to the down side. When BTC breaks either directions others tend to follow as well.
What are your thoughts of ETH potential upside and BTC potential slide to the downside?
Also take a look at the Bullish Divergence shown.
TL:DR:
- Previous Falling Wedges worked out.
- 3rd Falling Wedge in the works?
- Bulling Divergence shown as well.
- If Long, take a look at the current BTC possibility for short posted before this.
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.
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
your friends.