#ETHUSD 4HETHUSD (4H Timeframe) Analysis
Market Structure:
Double Top Pattern: A classic reversal pattern has formed, with the price testing a key resistance level twice and failing to break higher, signaling potential bearish pressure.
Forecast:
Sell Opportunity: The formation of the double top suggests a possible reversal, with a move to the downside expected once the price confirms a break below the neckline.
Key Levels to Watch:
Entry Zone: Upon the break below the neckline of the double top pattern or after a retest of the neckline as resistance.
- **Risk Management:**
- **Stop Loss:** Placed above the recent high or the top of the double top pattern to manage risk.
Take Profit Zones: Target the next support levels or Fibonacci retracement zones for potential downside movement.
Market Sentiment:
Bearish Bias: A double top typically signals a reversal from an uptrend to a downtrend, with increased selling pressure expected once the neckline is broken.
Ethusdshort
ETH/USD "Ethereum" Crypto Market Heist Plan on Bearish Side🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the ETH/USD "Ethereum" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a short trade at any point,
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest high level.
Goal 🎯: 3000.0
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
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ETHUSD Intraday (Day Trade) trendforecast for December 5th, 2024ETHUSD intraday or Day Trade trend forecast for December 5th, 2024. The intraday trend may begin with a bearish note and move upward. The day may close on a negative note. The forecast is based on the Timing points extracted from the previous data. The timing stamps used in the forecast are based on India Standard Time (IST).
#ETH Salp Short Idea#ETH scalp short idea. Shorted from the supply. Expecting to retrace till purple line.
It is scalp, i am overall bullish. If we dont hit the target till monday evening (NY local time-EST) i will consider to close trade manually.
Nothing i share is financial advice. Education purposes only.
#Altcoins #Crypto #altcoin #AltSeason2024 #Bitcoin #Ethereum #ETH #ETHUSD #ETHUSDT
ETH/USD Ethereum Bullish Robbery Plan To Steal MoneyMy Dear Robbers / Money Makers & Losers,
This is our master plan to Heist ETH/USD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
ETH/USD Ethereum Market Robbery Plan on Bullish DirectionMy Dear Robbers / Traders,
This is our master plan to Heist ETH/USD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
Ethereum : WHALES sell, RE-Accumulation Phase NOWIt's made headlines that large whale wallets have sold off large chucks, driving the price of ETH down by over 35% in only a few days.
We see a yearly low in the daily RSI, as well as an "Oversold" flash on the Technical indicator.
The good news, is that this will give buyers a few weeks to re-accumulate ETH before the next impulse wave up starts:
For the short term, the price will likely continue to trade down the lower Bollinger Bands until the sell-off is over. Retail is catching on to the sell off, so it's likely we'll see wicky price action as this kind of volume will be attractive for algo trading.
For the SHORT and NEAR term I am bearish, but for the NEAR to LONG term I remain bullish that another impulse wave up is next.
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BINANCE:ETHUSDT
Based on ETH/USD chart, here's a potential approach Based on your ETH/USD chart, here's a potential approach for deciding when to execute trades:
1. Support and Resistance Levels:
- Resistance: Around 3,491 - 3,446.
- Support: Around 3,385 - 3,202.
2. Chart Patterns:
- The price is currently in a descending channel, indicating a bearish trend.
- Look for potential breakouts above or below the channel to signal a possible change in trend.
### Trading Strategies:
1. Short Position:
- If the price continues to respect the descending channel and breaks below the current support level around 3,385, consider entering a short position.
- Set a stop loss above the recent resistance level around 3,446 to manage risk.
- Potential take profit levels could be at the next major support around 3,202.
2. Long Position:
- If the price breaks above the descending channel and the resistance level around 3,491 with significant volume, it might indicate a bullish reversal.
- Enter a long position on the breakout.
- Set a stop loss below the breakout point to manage risk.
- Potential take profit levels could be around 3,600 and 3,700, where previous resistance levels lie.
### Additional Considerations:
- Volume: Pay attention to trading volume. Higher volume during a breakout can indicate a stronger and more reliable move.
- Candlestick Patterns: Look for reversal or continuation patterns around key support and resistance levels.
- Market Sentiment: Keep an eye on overall market sentiment and news that could impact Ethereum prices.
### Execution Plan:
1. Monitor the Price Action: Keep a close watch on the price action around the key levels mentioned.
2. Set Alerts: Set alerts for when the price approaches key support and resistance levels or when there’s a potential breakout from the descending channel.
3. Confirm the Breakout: Wait for a confirmed breakout with volume before entering the trade to avoid false breakouts.
Remember, always manage your risk and have a clear plan for entry, stop loss, and take profit levels before executing any trade.
$ETH retest of low $2ks before higher?While Ethereum looks bullish over the longer term, price would need to break above the two lines of resistance for the chart to stay bullish.
If price rejects here, we risk a double top which would send price back to the low $2000s.
I'm leaning towards a rejection as the base case here as sentiment is pretty extreme to the bullish side.
Let's see what happens over the coming weeks.
ETHUSD Bearish Robbery Plan To make and take moneyMy Dear Robbers / Traders,
This is our master plan to Heist Bearish side of ETHUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan to next target.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
ETH : Following BTC, Elliot Correction Wave $2700📉Hi Traders, Investors and Speculators of Charts📈
ETH is currently following BTC along with the rest of the crypto market into a correction wave. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern.
Ideally, we'd want to see a successful bounce from the 50d moving averages here (green), but a wick towards the 100d (turquoise) will not be unusual:
Here are my thoughts on Ethereum from a MACRO outlook, for future potential targets:
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CryptoCheck
BINANCE:ETHUSDT
ETHUSD WILL RETRACE MORE !!!HELLO FIRENDS
As i can see ETHUSD is now trading in down trend for looking a strong support zone to make a new higher high so we are expecting this Fib retracement to the 0.61 level is possible and can be a easy target so do not miss the train from selling zone area its overbought now and should be go to given levels its just a trade idea share ur thoughts with us
Stay tuned for more updates
ETHUSD
In the 4-hour timeframe, ETHUSD indicates a bearish trend following a breakout below the ascending trendline. This bearish move is further supported by a correction ranging between 50% to 61%, potentially signaling a continuation of the downtrend. Traders could explore short-selling opportunities after confirming the completion of this corrective phase for potential downside potential in Ethereum's price.
ETHUSDT - 10/10/20 METHOD 📉Hi Traders, Investors and Speculators of Charts📈
The scope of corrections (in other words the percentage) is different from one chart to another. On ETH, we see an interesting trend in terms of pullbacks - two smaller corrections before a bigger pullback. This leads me to the conclusion that the next pullback on ETH may only be around 10%.
From a technical indicator perspective, we can clearly confirm that ETH is trading bullish from a macro perspective, along with the rest of the market:
Incase you missed it; here's yesterday's update on DOGECOIN:
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BITSTAMP:ETHUSD BINANCE:ETHUSD BINANCE:ETHUSDT
ETH - Time For PULLBACK /Buy Back Zones📉Hi Traders, Investors and Speculators of Charts📈
Ethereum has recently taken the spotlight with an amazing 21% increase. If you missed the rally, don't worry! Look for a lower buy back zone while ETH undergoes a correction back to support zones.
From a 4h perspective, there is a clear local topout meaning sellers have taken control. There is a strong resistance zone at 2800, and the price will have to find support lower before attempting to go to 3k.
I've pointe out two potential bounce zones / support areas / buy back zones for Ethereum to test before reattempting 3K resistance zone.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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BINANCE:ETHUSDT
ETHUSD H4, Looking for a LONG ✅Hello Traders!
This is my perspective related to ETHUSD H4. I see a retracement until approximately 2050, where we have an OB and also, an important resistance level at 2075.
After the manipulation, I will search for a convenient LONG TRADE entry at approximately 2100 level.
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#ETH/USDT#ETH
The price of Ethereum has been moving in a transverse channel since July 2022
In the Occasional Price Range 1112 $ to 2112 $
We have now reached the upper limit of that channel and it represents a strong resistance.
Some downside expected for the support zone 1150 $
And the rebound from them in 5 bullish waves over the next 3 months, ending with a rise to 3500 $ levels.
ETHUSD AT GOLDEN RATIOBe aware, ETHUSD is currently at the golden ratio
We are not blind
How Do I Use the Golden Pocket for Trading?
As stated, the golden pocket follows a price reversal. Using the golden pocket increases the likelihood of a good entry point. To use the golden pocket for an asset, information on previous price moves from the charts is the most essential tool.
ETHUSD ANALYSISThis corresponds to my bitcoin analysis from a few days ago.
If this plays out, Ethereum is currently in a 4th wave (ascending triangle).
Above this triangle is also the golden pocket level from the top in 2021.
This corresponds to the 1-to-1 from the bottom of the triangle.
I am now particularly looking at the level $2,000 - $2,300.
On the lower timeframes, we also see that the RSI is correcting significantly, indicating one more push up to create divergence with the previous local top.
If we can break above the $2,300 level and create a bullish momentum, then there is a high chance that we will see further growth towards the next resistance level around $2,500 - $2,800.
On the other hand, if Ethereum is unable to break above the $2,300 level and no bullish momentum is formed, then there is a possibility of a downward movement.
It is important to monitor the price action and technical indicators to assess whether the bullish expectations are confirmed or if a bearish reversal may occur. It is always wise to be cautious and set stop-loss levels to limit potential losses.