Ethusdtidea
ETH Massive Formation With Huge Breakout Potential!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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In the daily time frame ETH is making this symmetrical triangle pattern, it trending around $1885 currently i am expecting some drop upto the lower level of this pattern which is 255D strong support and then we can expect some bounce after it hit the lower level.
INFO ABOUT SYMMETRICAL TRIANGLE
The Symmetrical Triangle Chart Pattern indicates an ongoing period of price consolidation before the prices break.
A bullish symmetrical triangle is a bullish continuation chart pattern, the movement preceding the triangle’s formation must be bullish.
On the other hand, A bearish symmetrical triangle is a bearish continuation chart pattern, the movement preceding the triangle’s formation must be bearish.
The symmetrical triangle pattern is different from a descending or ascending triangle pattern as both triangles’ lower and upper trend lines slope towards the centre point.
A horizontal upper trendline is formed in ascending triangles that predict a higher breakout. With a descending triangle, a horizontal lower trendline is formed that predicts a lower breakout
The trend lines should be equal in their convergence slope when a symmetrical triangle is formed.
But we still we need a breakout of this symmetrical triangle pattern
we have $2120 and $1950 as resistance
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#ETH shorter time frame trade setup!ETH shorter time frame trade setup!
ETH breakout this EXPANDING TRIANGLE PATTERN and currently bouncing from this support
LONG
Entry-CMP
SL-1899
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#ETH is in strong support! what we can expect?ETH Technical Analysis:
From a long-term perspective, ETH has often been bullish when trading inside the blue rising broadening wedge.
Currently ETH is trading at 1740$ which is a strong level of support, we are expecting a good bounce up to the upper level of this falling wedge
and if it breakout this pattern then we can see some good bounce according to the pattern.
we have 1940$ and upper resistance of this pattern.
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3.53% Short Opportunity on ETHUSDT: Act Now!Technical Analysis:
The one-hour timeframe has successfully surpassed a key level on ETHUSDT.
The confirmation of the direction of ETHUSDT in relation to the one-hour timeframe is supported by the Search Volume Profile (SVP).
The remaining details are self-explanatory!
I've been hearing that major cryptocurrencies are experiencing a bullish trend at the moment. If you share the same sentiment, let's engage in a discussion in the comments section.
ETHUSDT at weekly support, will that hold?The price has fallen back again to the weekly support 1 zone which screams for a buy but here is a bit of confusion I have when I see the BTC chart. BTCUSDT chart is suggesting that it is going down which means further down move for ETHUSDT towards weekly support 2 zone. Or its the other way round, ETHUSDT is suggesting no further down move and so BTCUSDT shall hold. Kind of conflicting, but pure ETHUSDT chart without considering any other factor suggests a long trade favorable here. But since other factor is involved, the risk shall be minimized by smaller position size and strict stop loss management.
ETHUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
2 possible scenarios on the chart, everything will depends on BTC,
for growth we should to realize yellow marker,
if we get decrease under ~1830, then we will catching ETH in zone 1700-1620
In any case main target zone: 2300-2500
Stop: (depending of ur risk).
ALWAYS follow ur RM.
cancellation of scenario - consolidation under 1500
risk is justified
Good luck everyone!
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It's not financial advice.
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#ETH DAILY TIMEFRAME UPDATE!!#ETH UPDATE
ETHUSDT is in an upward trend that is constrained by resistance and support. The local resistance that has been holding back the cryptocurrency pair for a while was shattered yesterday.
The pair departs the range when the price breaks the MA-50, and it then establishes a consolidation above the line following another testing of the barrier.
The currency will start to strengthen if the bulls manage to keep the price in the new channel.
The market has been more active recently, and we can presume that this is due to the fundamentals of the economy as they relate to the dollar index.
Support is being provided by the moving averages. The support is validated by the MA-200 crossing the lower edge of this rising channel.
Strong support: 1880, 1846, 1775.
Strong resistance: 1920, 1941, 2021.
I anticipate that ETH will continue to rise until 2021 under the influence of the bullish trend and attitude, followed by a breakout and strengthening to channel resistance.
This piece is not intended to be financial advice. Before making an investing choice, always do your own research and speak with a qualified advisor.
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ETH new update, a drop to 1000$?Hello traders, I am expecting a markdown on 4h and daily time frames, and we have an FVG at 1485-1567... so it means ETH should drop to this zone and fill the IMBALANCE, and then I expect drop towards 1000-1200 again before bull run starts...
we might see the target of 880$ as well,
or maybe we even see 600 or 500...
but this possibility is low at the moment, but the target of 1485-1567 is very possible for now...
enjoy trading <3
ETHUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.(update)
Nothing has changed from my last idea,everything according plan,
we close to my sedond target(1800), stop already in breakeven.
Main target zone: 2100-2300 (there i will close rest of pos)
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ETHUSDT - Re-entry +95.3% ROE from 20x. Reached 2 TPFrom my main review, we reopened positions with the guys and took 2 targets.
Taki reached the zone of the golden range of the FIBO grid and we have a price hold.
According to the current situation, the cluster analysis indicates accepted limit sales.
At this time, we will move the entry to no loss, and we expect the IMB to close the marks. The expectation of a fall is confirmed.
11 position plus
Statistics for all positions here. As well as the very fact of the results.
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ETHUSDT - First TP DONE, but something is not goin (+52% ROE) We reach the first target from my review, which I wrote about below
At this time, the position is closed at partial profit and stop loss without loss on the position
I expected more. But alas, this is a crypto market, and there are manipulations.
The price moves in a range.
By creating only one deviation, creating a lot of liquidity at the bottom.
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ETHUSDT SIGNAL
ETHUSDT - A lot of levels are waiting for correction