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Ethusdshort

ETH Bottom probably not in yetHi everyone, Looking at the previous bear market I don't believe the bottom is in yet for Ethereum. We are short of a full correction and we need one more deep push down. I am rather surprised because of the bullish sentiment recently on tradingview calling possible bottoms. If you are long enough in crypto you will know that it will go higher than expected in bullmarkets and it will go lower than expected in bear markets. As a matter of fact I think that 1k USD per ETH is a realistic probability while prices are around 1,8k USD per Ethereum. That being said, I don't think we will face a full blown correction lower than that. Overall I think we all will get a fantastic buying oppurtunity when we reach these prices. In the larger timeframe we will go one more wave higher to complete the structure and eventualy break the previous top of around 4.7k USD per Ethereum. My target is around 10k per Ethereum on the larger timeframe. If we reach these prices it will probably be a gigantic 12 1 elliot wave count. The correction after that will be sudden, horrible and fast. Possible targets are around 0,3k USD per Ethereum.... Stay safe and trade carefully. The chart speaks for itself, I base my idea on the previous trend lines combined with fibonacci and elliot wave count. As always this is no financial advise.
BITSTAMP:ETHUSDShort
by HodlCrypot
ETH Short-Term Scalp off Strong SupportHere's a short-term scalp opportunity I'm taking on ETH. This is a terrible looking chart, but ETH is down over 50% since its April high without a single bounce. It's hitting a pretty strong support area around $1800. I think we have at least a short-term rally before the Fed's announce in June which will likely be to raise rates again. This will probably lead to further selling off of all the markets, which is why this is a short-term scalp. However, if this occurs, I think it will be an unbelievable opportunity to scoop up so very cheap ETH before the Merge upgrade in August. Let's not forget that ETH is one of the only deflationary cryptos out there. It has burned 2.3mil ETH (or $4.2bil) since the EIP-1559 launch last August! Looking at the Fib retracement, it may be wishful thinking to hit $2400 but I'm aiming for the .382 level before the announcement. At least this is my game plan.
Long
by jpbrown1023
ETHEREUM: HITTING THE RESISTANCE.Hello traders, Ethereum has rallied 10% so far after getting close to the support level of $1700. It's good to see the market making some greens but we need to be vigilant especially when the market turns green all of a sudden and the RSI is making a similar move (overbought) in all the charts in lower TF. As we can clearly see that ETH is reaching the resistance of $1940 to $1950. With the RSI reaching the overbought zone, it is likely possible that ETH may get rejected soon. On the other hand, if BTC breaks out and sustains the daily close above the resistance then things may take a positive move. Trade safely.
COINBASE:ETHUSDShort
by Dexter_The_Trader
2
ETH/USDT - Short ScenarioHello Traders! Ethereum continues to undergo a downtrend. The price has tested the MA100 on the weekly timeframe, the RSI indicator is in the bearish zone. Given the current state of the market, we can expect the continuation of the devaluation of the asset in search of buyer liquidity. We may consider shorting the asset in case of price-fixing under the support level of $1960. It is better to start the new strategy after the price decreases in the area of $1050 - $1230 with the aim of fixing the profits in the range of $1740 - $1960 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
COINBASE:ETHUSDShort
by UnknownUnicorn10064030