ETHUSDT breaking up from daily resistance, likely to move upETHUSDT is breaking out from the daily resistance. Currently it is trading above the resistance. This is a good sign. It seems likely that the daily candle close will be above this resistance. However, let us monitor that. The next target for the bullish move would be 1950 area.
Ethusdtanalysis
ETHUSDT : Analysis , 1DHello traders, we want to check the Ethereum chart in the daily time frame. The price has managed to break a descending channel and also a triangular range area to the top. The price is currently at the ceiling of an ascending channel, if the price can break the ceiling of this channel. If it breaks and stabilizes above the price of 1800, we expect it to grow to around the price of 2000, but if it shows weakness, we expect it to fall to around the price of 1500. Good luck.
ETHUSDT heading to support in order to bounce backThe price currently struggling to break through the 4h resistance 1 zone. It seems likely that the price will come down to the 4h support 1 level and gain the required momentum to break through the 4h resistance 1 zone.
If it breaks through that, it will face the next resistance at 4h resistance 2 zone. Lets watch this price action to develop and we will assess it again after the price follows this path.
ETHUSDT probably heading to next weekly resistance at 2500ETHUSDT closed above weekly resistance turned support (1570-1590) last week. This is bullish for the price action.
The next resistance is around 1950 but this wont be able to hold back the price if there is some momentum in the price as this level will not act as a strong resistance this time.
A major resistance at weekly level is at 2500. This will act as a major resistance probably. There is a fair chance that the price in this run will test this resistance at around 2500.
ethusdt - a triangle before the last wave of growth.- The wave triangle is drawn before the final rise.
- We're down to 1680.
And more info on the video
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ETHUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and higher
Target: 1130 - 1070 - 1020
after first target reached move ur stop in breakeven
Stop: ~1360 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
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ETH/USDT :: wait or .... ?ETH/USDT :::
Currently, the price in the orange channel has touched the channel ceiling and the channel floor well, and the next destination is the channel ceiling, so a long position can be considered .
But if you want to determine your position for the long term, wait until the blue line (resistance) or the red line (support) is broken .
In any case, the resistance line will be broken by continuing to move towards the roof of the channel.
Good luck .
ETHUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.(update)
Almost nothing has changed from my last idea,
We went to implement the orange marker and complicated the corrective structure to a double zigzag(wxy),
I still expect that Ethereum should to show good growth, right now there is an opportunity to open a position with a good risk to reward ratio.
Entry: market and lower
Targets: 1500 - 1800 - 2200
Main Target zone: 2200 - 2500
Stop: ~870 (depending of ur risk). ALWAYS follow ur RM /MM.
Risk/Reward: 1 to 6
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
ETHUSDT Potential Short setup-Overall, the price is in the downtrend including the 4H structure.
-Right now, what I am looking for is the retracement, because most likely it will make a major structure ( Lower High)
-When the price arrive at the support, look for confirmation entry (strong rejections or Engulfing) in 30M or 1H or even 15M
Targets are 1100 and 1040
ETHUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.(update)
We got another complication of the correction,
but I'm still positive and expect an increase from the current price or through one more slight decline in the $1050-1000 zone.
Target zone: 2200 - 2500
Stop: im w/o stop(depending of ur risk). but setup will invalidated at 850$
ALWAYS follow ur RM/MM.
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ETHUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.(update)
Nothing has changed from my last idea, everything is relevant.
Idk, with the update of the local peak, or without the update,
I drew 2 possible scenarios because there is a possibility that the first wave of growth has already been formed and we can start correcting now,
in any case, regardless of the local scenario, the targets above are relevant.
Im in pos from 1290.
Target zone: 2200 - 2500
Stop: im w/o stop(depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
#ETH Some Probability & Random Distribution!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#ETH(Update)
#ETH is trading inside this descending channel, as long as ETH trades inside the descending channel till that ETH will keep falling, To change the trend reversal ETH needs to break out of this channel.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
ETHUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.(update)
Nothing has changed from my last idea, everything is relevant.
slightly complicated the correction structure to a double zigzag (wxy)
Entry: 1200 - 1100
Target zone: 2200 - 2500
Stop: im w/o stop(depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.