Ethusdshort
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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Is Crypto the Next Sub-Prime Crisis? ETHUSD (Ethereum) POVMore on this later...
For now, if you consider the very real possibility that a recession can quickly become catastrophic with: a war in Europe, seemingly enhanced instability in Asia, Record Inflation, and among other things - the current unwinding of a crypto currency bubble.
I'm not totally certain on this, but never in history has there ever been something with such little use, valued so highly (relatively speaking). Okay, tulips, calm down.
Even the diehard crypto philosophers (aka #cryptosophers) will concede ideas like: "Meeehh... It's very volatile at times"... granted they only say stuff like that on positive price action; otherwise it's some defensive narrative about what is actually just overcooked libertarianism.
The point I want to make is: things remain very volatile post-covid. Interest rates are one off-hand example. Commodities pulling back. Things can get weird real quick. And not only does crypto still looks dangerous, you have to really ask yourself: can this useless digital ledger token do anything? Like can it be spent anywhere other than an arcade?
Lol - I bet "subprime" just drives them cray.
Take care!
ETH's macd top diverges, shorting may be a nice tryGO SHORT ETH
Reason 1: The rise is weak, and it cannot break through 1800 for a long time (near 1800 is the previous support level). At present, it is still a strong resistance level.
Reason 2: 4H Macd top divergence, usually requires a larger pullback
My Order:
Short: 1695
SL: 1820
TP: 1550
Pay attention to high risk, it is only my personal order sharing, not investment advice.
ETHUSDT: Full Medium-term Waves CountI updated plan of the wave levels for ETH.
In general, as before, I expect the price decrease within the wave 5 of wave C(of ABC pattern in medium-term wave 4).
Locally, the price is probably still in a correction, after which we can expect a renewal of the high, which can be broken by the market-maker on stop-losses for shorts.
I also plan to open a short position at the end of the upward move.
I had to close the previous short position at breakeven level, because the price did not confirm the downside dynamics.
Best Regards,
CEO Tornado Capital
ETHUSDT: Elliott Waves Intraday TradingHello everyone!
The price of Ethereum rose within my expectations in wave 5 of wave C; and the big wave 4 is coming to its conclusion.
Already now you can get ready to look for good entry points into a short position; for example, on the price breakdown of the local trend support.
It is possible that in the next month Ethereum price will update the historical minimum and once again disappoint the cryptocurrency community, which is already fully confident in the price reversal.
P.S. Vitalik Buterin will probably not sleep well very soon)
The continuation of growth can be considered only with the formation of a corrective trend continuation pattern in the price range of $1600-$1300.
Best Regards,
CEO Tornado Capital
Ethereum Closed below EMA 34In 2 days TF Ethereum closes below EMA 34 is a sign of weakness. Also, This is crypto's first recession. How come we can compare it with the last cycles. We need to keep an open mind and keep looking and the market and see how the chart is making in the process and then only we can play in the market.
Save your hard-earned money folks. Most of us are struggling here to make a good living out of it. If you can afford then DCA is the best option. We don't need to catch the bottom or sell the top. We can stay in between, take our fair share and watch the market players to manipulate.
Lows of ETH Nearly Like BTC ETH.. i like it for real.
So what can we text about it
It will pump with all market but a little slower then BTC
becouse the ETH shows better stability in % then BTC in this 1.5 years ATL
It's a time to buy and hold
Of course add it to your watching list and follow me to be in touch
Best wishes
ETHUSDT: Elliott Waves Intraday TradingETH price continues to rise within the ascending momentum of wave C.
Locally, a correction may form in wave 4, after which the price may continue to rise to complete the big ABC correction pattern in ascending wave 4.
As before, I plan to sell after the completion of local wave 5, after the formation of a false breakdown of the trend line.
I consider opening a long position only in case a bullish pattern of the current trend continuation is formed.
Best Regards,
CEO Tornado Capital
ETH/USDT Long Term Price As we can see this critical time they are playing to liquidate a lot of people and in the other side to make people think we are going up to make new highs and they will flash out every body by big red candle this market is not easy to make money in this micro economical situation please be careful
ETHUSDT: Medium Term Wave LevelsIn today's review, I present to you my trading plan for Ethereum.
I don't like WXY models and truncations in corrective waves, but it's almost impossible to work and trace the possible logic of price behavior otherwise.
Criticism from the outside is almost inappropriate, because. I am not trying to prove anything, but simply sharing my plans for the near future, which may help to understand my actions.
In general, the structure of Ethereum wave levels is similar to the wave structure on bitcoin. In both cases, I am considering the formation of a large wave 4, after which the price may, with a high probability, go to new historical lows.
What drivers can serve for such dynamics?
So far, it's hard to predict.
However, they may appear later, when the price will be already in a downward momentum.
Do I consider a scenario with continued growth in the current market structure?
Definitely - Yes.
But, this can be determined by the fact of the formation of bullish patterns of continuation of the trend.
Now I am guided by dry facts, price dynamics, trading volume and the general structure of prices in the crypto derivatives market.
I will consider going short Ethereum at the end of wave 5 of wave C (in wave 4).
Good luck planning good trades)
Best Regards,
CEO Tornado Capital
Ethereum Sell into the resistance.Ethereum - Intraday - We look to Sell at 1259 (stop at 1311)
Daily signals are bearish.
A lower correction is expected.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
1281 has been pivotal.
1275 has been pivotal.
The trend of lower highs is located at 1269.
Our profit targets will be 1135 and 1105
Resistance: 1280 / 1400 / 1500
Support: 1200 / 1150 / 1100