#Ethereum - thoughts out loud #2 Good afternoon, dear colleagues!
I am glad to welcome everyone and wish you to get acquainted with my vision of the current situation on this instrument.
The situation is similar to the stage of accumulation (local) asset that began on 09.11.2022, where we are in the final phase before entering the trend movement (bullish). But I have some doubts, because the formation that we observe is obvious, most market participants may prefer long positions because it is "accumulation from here to the moon". Therefore, there may be several scenarios for the continuation of the movement:
1) We confidently break through the level of 1441 and rapidly move up until we run out of fuel (before that, we remove the stop loss by a rapid downward movement of 1211-1311).
2) "False accumulation" and the return of the price to the trading range after which we will see the depreciation of the instrument from the range of 1441 - 1551 to 999 - 888.
That is, professional market operators give the opportunity to realize the potential of the movement and expect how the crowd will pick up their idea and vision of the market. After all, we all understand that the market is created to 80% of participants lose money, but now not about that, let's return to the analysis. It is today that a number of important economic indicators are released and the volatility is expected to increase and why not implement our plans using the news background, the prospect is excellent and the scheme is worked out.
Dear colleagues, I sincerely thank you all for your attention and wish success to everyone!
And remember one thing:
"sometimes you win/sometimes you learn"
Ethusdshort
Ethereum is retracing to create its lower highIt's a great thing we're no longer fooled by big big candles being a big move. Proce closed pretty Bullish on Sunday only adding to the combination of randomness . Anytime price created a lower low, I project and expect it tush lower after a retest. This is exactly what price is doing, a reversal candlestick at a key area suggests its almost time to short. If anything price has determined where it wants to slow down. This 61.8 retracement is no surprise considering the fact that the weekly was rejected earlier when price attempted to break it. It seems price wants another crack at rejection. I'll short here since the 30min and 1H is already creating lower lows and lower highs upon reaching that area.
The Range Gives You GainsHave you ever heard of "the trend is your friend?"
I got a new one for you - The Range Gives You Gains
70% of the time in any given market, price will be in a sideways range doing nothing. People seem to think they can only make money when the market goes up or down, effectively confining themselves to only trading 30% of the time. Learn how to trade a range, it will change your life. Mark out your Value Area High & Low, as well as your POC. When price comes down to one of these levels, you check your low time frame indicators and look for divergences or other signs of a reversal. It's really one of the simplest ways to make money in any market, yet it's so overlooked & underrated. Just like the trend, you trade the range until proven otherwise.
Follow me for more trading tips - today's was a very simple fundamental tip, but I post more advanced tips ranging from Wyckoff to Elliott Waves and everything in between.
Hope you have a great day and make a bunch of money inside of this range!
Selling Ethereum at current resistance.Ethereum - 24h expiry - We look to Sell at 1829 (stop at 1879)
We look to trade the current range. Bespoke resistance is located at 1830.
1830 continues to hold back the bulls.
The preferred trade is to sell into rallies.
Our short-term bias remains negative.
Our profit targets will be 1709 and 1689
Resistance: 1810 / 1830 / 1850
Support: 1790 / 1770 / 1755
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Ethereum to find sellers at previous resistance?Ethereum - 24h expiry - We look to Sell at 1876 (stop at 1926)
A sequence of daily lower lows and highs has been posted.
Previous resistance located at 1880.
The previous swing high is located at 1885.
1886 has been pivotal.
Preferred trade is to sell into rallies.
Our profit targets will be 1756 and 1736
Resistance: 1835 / 1860 / 1880
Support: 1800 / 1785 / 1755
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Ethereum highest price in this bear4h time frame
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We see a potential harmonic structure(shark pattern) on 4h time frame.
The potential reversed point is around 2195
Plus, if measre the price pumped range from the wedge structure, we can also have the same price around 2195
We might see Ethereum reach 2195 soon, and do not be FOMO there.
Stay prepared to open short!
Ethereum to extend it's loses?Ethereum - 24h expiry - We look to Sell a break of 1783 (stop at 1833)
Short term bias has turned negative.
Posted a Double Bottom formation.
A break of yesterdays low would confirm bearish momentum.
Short term momentum is bearish.
Short term RSI is moving lower.
Our profit targets will be 1663 and 1643
Resistance: 1840 / 1860 / 1880
Support: 1815 / 1785 / 1750
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Will Ethereum find sellers at market?Ethereum - 24h expiry - We look to Sell at 1876 (stop at 1926)
Previous resistance located at 1880.
Previous support at 1870 now becomes resistance.
Short term bias has turned negative.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Our profit targets will be 1756 and 1736
Resistance: 1830 / 1850 / 1880
Support: 1820 / 1805 / 1785
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
ETHEREUM needs more correction ❌🧨Hello 🐋
the price has started the new trend to the downside before any other huge pump and this trend should be completed ❌🧨
if
the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction ❌🧨
if
breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨
brief amount of green candlesticks to the upside before any other movement is logical 📖💡
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
ETHEREUM more correction needed ❌🧨Hello 🐋
if
the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction ❌🧨
if
breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨
brief amount of green candlesticks to the upside before any other movement is logical 📖💡
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
The Last Drop of ETHHello traders,
A one more drop is coming before creating a new high, ETH is setting up for a drop its showing me a lot of weakness on the weekly timeframe.
i am waiting for ethereum to drop and buy from the low price as much as possible, the price area that i am looking for is around 500 it will take time not a few days or few weeks analysis so patience is the key to succeed.
In the weekly timeframe price is formed head and shoulder pattern now price is going to retest that and drop from there, the area that i mentioned in the chart is around 500 to buy the ethereum for the long run, now ethereum is just going up and every one is wanted to enter in the market and try to make some profits but i am pretty much sure that this is going to be drop before creating a new high of all time and i am just basically waiting for that.
This is my analysis and view about ethereum.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck in trading.
$ETH short next 4hThis is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
📈Ethereum prediction during FOMC decision📉BINANCE:ETHUSDT
BITSTAMP:ETHUSD
Hey everyone, first take a look at my previous analysis and positions.
2 scenarios for the Ethereum
Price targets ----> 1-2-3 are on the chart.
For long targets ----> checkout previous idea.
Don't forget to risk-free your position.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
Ethereum ( ETHUSDT ) Dump AheadI think Ethereum ( ETHUSDT) has two scenarios ahead :
1- Dumping from 1800~1840 to 1370-1400 zone area
2- Continuing the increasing trend and stopping in the range of 2010-2090 dollars, the price starts falling towards the price of 1160-1200 zone area
I use martingale strategy for this setup
Good Luck
Be nice...
Can't believe we have to spell this out, but yes, please treat others how you'd like to be treated yourself. Be respectful, kind, tolerant, and constructive, even when you disagree. There's no room for negativity, swearing, trolling, or conflict here: it's a waste of time and the hallmark of an idiot.