Ethusdshort
ETH: Sell the breakEthereum
Intraday - We look to Sell a break of 1526 (stop at 1571)
1527 has been pivotal. A break of the recent low at 1527 should result in a further move lower. Daily signals are mildly bearish. Our short term bias remains negative.
Our profit targets will be 1424 and 1394
Resistance: 1700 / 1750 / 1800
Support: 1600 / 1550 / 1500
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.
Short opportunity for ETHFirst of all, I should point this out. I am a trader who does not like short trading very much. However, when we consider the continuation of the bear market, there is a serious short opportunity here. The monthly W retest level is $2159. Entry, targets and stop points are on the chart. While all my long transactions are open at the moment, I wanted to share a possible opportunity with you.
ETH To $800?I am currently waiting on this weekly candle to close in 7 hours from the time of this post! If the weekly candle closes in or above my purple zone then more upside moves should happen as this is a key psychological level as you can see it has been used many times before mostly as support with each touch in this zone creating massive bounces to the upside.
On the other hand if the candle closes below this zone as it is currently then i can see massive downside moves to around the $800-$1000 level.
Again patience is key to making and more importantly not losing money in crypto!
DM me if you would want daily analysis, trades & education.
ETHUSD is in sell zone!!ETHUSD was in the upward channel for the short term. Currently, the price has broken out of this channel. As the long-term trend is down, it is highly likely that ETHUSD will continue to drop to the previous major support zone.
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ETH: Sell the breakEthereum
Intraday - We look to Sell a break of 1849 (stop at 1896)
The bearish engulfing candle on the 4 hour chart is negative for sentiment. 50 4hour EMA is at 1864. A break of bespoke support at 1850, and the move lower is already underway. Trading close to the psychological 2000 level. 2000 continues to hold back the bears.
Our profit targets will be 1736 and 1706
Resistance: 1930 / 2000 / 2100
Support: 1850 / 1800 / 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.
ETH SHORTBullish Indications:
1. HH and HL trend
Bearish Indications:
1. Strong resistance at 2012.66
2. Bearish engulfing candle
3. Bearish AB=CD completed
4. Monthly Cycle is Bearish
90% of time when August was Red September become Green and when August was Green Sept was Red
If August is red this time then Sept will be green
Plan A:
Short at execution 1927
SL: 2013.24
TP1: 1849 (1:1)
TP2: 1722.23
Plan B:
Long if pass 2015
SL: 1850
TP1: 2180 (1:1)
TP2: 2396.21
Eth will hit 500$ After targeting 2000. I believe this is only part A of ETH's W4 correction.
We will see a move towards 2000$ which will be potentially part of a 535 correction.
This will serve as a fakeout point and would then capitulate towards 300 to 500$ area.
Will update you when anything changes
Jamie Gun2Head Idea - Selling EthereumTrade Idea: Selling Ethereum
Reasoning: At resistance level, price is still, looking to drive lower within the channel
Entry Level: 1665
Take Profit Level: 1567
Stop Loss: 1692
Risk/Reward: 3.63:1
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