Ethereum- New leg down on medium term?After reaching a new ATH around 4.9k, Ethereum got tired and started to consolidate in around 5% range.
A break of this consolidation and the rising trend line came on Monday, and the price tumbled under 4k important figure
Now EthUsd is correcting this drop and a new leg down can follow after this correction.
I'm a seller also in Eth case and I will look for opportunities to enter short above 4300
Eth back above 4.5k would change my bearish opinion
Ethusdshort
ETHUSDT , Becareful if you are in sell position Hello everybody
In here , According to trend we expect that the price can support in first supp and can rise the price
If the market cant support the price in first supp it can drop to other support that shown on chart
Guys please becareful and dont take any position without taking signal in lower time frame
I think everything is shown on chart and there is nothing to explain but if you guys need any help send me messages
Previous analysis :
Good Luck
Abtin
ETHUSD - SELL strategyThe medium-term strategy is unchanged.
We remain short, or will sell current price $ 4,200 area for a move towards $ 3,200.
The medium-term stochastic is negative, and would be good for a $ 1,000 downward price trend amount.
The stop-loss should be above $ 4,900 and profit at the bottom of our regression trend channel $ 3,200.
IOX-FX - ETHUSD - Bullish channel breakoutEthusd
We are looking for a bearish movement after the break of the bullish channel formed in September.
We are looking for a possible entry at the 0.618 fibonacci level, in lower timeframes a resistance zone.
In my opinion this movement is a simple correction before taking the new bullish impulses.
Possible Target: 3922.68
ETHUSD - SELL strategyETHUSD seems destined to correct downwards, is my personal view.
we are near the channel top and line-break shows we may be starting a downward trend within the channel. the objective is now somewhat $ 3,600.00
I suggest stop-loss to be more higher above $ 5,250 in case we have brief spill-over.
ETH/USD Upcoming MoveThis head and shoulders is about to play out and we're going to go down and re-test the breakout of the macro triangle. I can tell because of the bearish divergence on the 4 hour on Market Cipher B - bearish head and shoulders always have this kind of divergence between the left shoulder and head. Here are the places that we will bounce on the way down
ETHUSD - Ethereum is going down!My TA on 1D shows that:
1. Price came out from the ascending wedge at its peak.
2. Vertical volume decreased while price went up.
3. RSI shows divergence against price.
4. MACD confirms RSI's divergence.
5. Based on horizontal volumes liquidity for MM is concentrated on given level on the chart.
Correction for the last impulse is logical. Correction can fly down Fib starting from 38.2% to 50% and 61.8%. That would be your TP.
It is common for ETH to lag behind BTC, but in the end it follows BTC's trend. There is more fundamental analysis on Bitcoin in my article linked below.
Rising wedge and bearish divergence.Non technical indicators that might support this idea;
- ETH gas prices continues to be unreasonably high and ETH 2.0 won't be rolled out until 2022
- Shiba Inu might be a sign of the market overheating (We all remember what happened the last time a memecoin entered the top 10...right?)
ETHUSDT , We are in buy zone ...Hello guys
According to our previous analysis , the market moved exactly to our way
At this time from the past we are in upward channel and we are near the base trendline and we need to take signal and watch carefully to take signal and take position and buy
Maybe it can break the base of trendline like BTCUSDT chart that we published but its not have high chance for it
Previous analysis :
Dont forget use stop loss and attention to money management
Be with us and sleep comfortably
Good Luck
Abtin
Rising wedge pattern in Ethereum* Ethereum in 4H time frame appears with Rising Wedge pattern.
* Rising wedge occurs when the price moves between two trendlines forming higher-highs and higher-lows. The lower trendline works as support for the price and the upper trendline works as resistance.
* Rising wedge appears with wide bottom and as the price moves higher the range becomes narrow.
* Ethereum can test the lower trendline ( support ) and bounce back, but if it break the support we can expect a drop till below support zone.
ETH/USD (Test All-Time High?)💎Technical Analysis Summary💎
ETH/USD
-After holding 3.6k dollar key support last week, finally able to break its swing recent top
-ETH is now trading again above 4k dollars and it's ready to consolidate near the ATH level
-Today, also, Bitcoin broke into a new price at reaches as high as 66k dollars
-For Ethereum, if it can hold its immediate support region
-The chances to test its all-time high price increases in the coming days
-And once the BTC Dominance value decreases, expect all altcoins will move up crazy
-Ethereum is likely to bring new levels if the market conditions turn good
-Good luck everyone and always manages your risk and please do not get FOMO today
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
ETHUSDT , Its moving as same as ...Hello everybody
I hope everyone is in profit
In here we have a upward channel like BTC that we published it and exactly happend and we expect that ETH is moving like BTC movement
Until the price is in this channel we expect the market is rising the price and moving toward the TP
You can buy in here or you can check again the area for taking signal then take in position
Bitcoin analysis :
Dont forget stop loss
Be with us and sleep comfortably
Good Luck
Abtin