ETHEREUM TRIANGLE TRADE SETUPETHUSD seems to be making a five-wave impulse decline. Price is currently in wave (iv) which is unfolding as a triangle.
A triangle always precede the last move of a sequence in an impulse pattern. If this count is correct we should see a short-term decline to around $190 to complete the impulse pattern.
What's your thought about Ethereum?
Ethusdshort
ETH Weekly RejectionETHUSD was rejected at the top of the weekly Gaussian channel, the Gaussian channel on the daily chart can be seen to be bullish currently sitting way above the channel, a retracement back to the channel is healthy. Strong linear regression trend can be observed, also three white soldiers pattern which may result in the inverse three black crows pattern to form to return to the bottom of the regression trend.
ETHUSD - EXPECTING REVERSAL BEFORE MORE UPSIDEANALYSIS ON ETHUSD
Welcome to my analysis
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DAILY CHart
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Interesting Point of interest In the ETHUSD pair.
- Price above 200 day EMA.
- look for buy signals to top.
- Watch botom for buy signals
- Watch red line for buys opportunity.
Long term i am expecting move to the upside. Will update soon
Stay Tuned
Ethereum (ETHUSD) ShortStop loss above the previous high.
Take profit in green zone, just a rough estimate of where I think reversal will be for the short term. Hard to say unless price actually goes there.
I believe this will take a couple hours at most, so 15 minute is a good timeframe.
Less likely chance for completion. Previous trade had much higher chance of success.
BTC+ETH (waves) 18/02/2020Hello friends!
In the cryptocurrency markets, price correction has begun.
To date, the primary correctional impulse(wave A) has been successfully formed. In the future, we should expect the tedious movement in waves B, which often do not allow to work.
We recommend looking for the completion of waves B and selling in wave C.
Good luck to all!
ETHUSD - 4HR TECHNICAL ANALYSIS - CRYPTOCURRENCY - ETH USDETHUSD looks like it wants to breakdown, but could definitely see a push higher if we don't reject around 230. 228.55 is where I want to see price move up to and then reject and that's where I will take my short. Stop loss just above previous high (232.5) area or slightly lower. Profits at/around orange lines below. Good luck out there, friends.
Clearly NOT financial advice.
ETHUSDT - support testETHUSDT - got a good reaction in the range of 217 dollars.
Now I will squeeze a good attempt to go again to test this zone and possibly with a break.
I take short 224.5 with extension 227 and stop 229.1
Take 217 and 208 $
This is just my opinion, and is not a call to action)
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ETHUSD Potential ReversalETHUSD 1H/4H chart is showing rounded top, if we do not break above 230 within the next week, we will likely to see a reversal breaking below the neckline of fib. This idea will be invalidated if we break higher above 230 and consolidate above the next fib area.
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This is a game of survival, stay alive and trade another day.
Crypto-thrones
ETH/USD short set up for (pullback)Above current market levels, traders see the 225.78 level as being an upside price objective with Stops likely in place above this area. Traders are interested to see how the market reacts around the 196.19, 195.32, 188.92, and 187.51 levels during pullbacks. Additional upside price objectives include the 224.71 area. Chartists note that price activity is trading above the 50-bar MA (4-hourly) and 50-bar MA (hourly), and that the 50-bar MA (4-hourly) is indicating above the 100-bar MA (4-hourly) and 200-bar MA (4-hourly) while the 50-bar MA (hourly) is indicating above the 100-bar MA (hourly) and 200-bar MA (hourly).
Price activity is nearest the 50-bar MA (4-hourly) at 188.81 and the 50-bar MA (Hourly) at 201.93.
Technical Support is expected around 195.32/ 183.33/ 170.00 with Stops expected below.
Technical Resistance is expected around 216.49/ 225.78/ 243.62 with Stops expected above.
Sell ETH/USD
Entry 1 222
Entry 2 224.40
Sl 230
Tp.1 218
Tp.2 210
Tp.3 202
Tp.4 196