ETH is possibly going for a retest of $1500 and $1400We gave you the targets for ETHEREUM in our last post.
After hitting our first target it seems like ETH is getting weak & RSI needs a retest we might see ETH going back for a pullback towards $1500 or possibly $1400 region.
Ethereum also recently broke our of downtrend and we have a huge gap at $1400 area that needs to be filled before more upside.
If you are looking for longs I would advice you to wait for a decent pullback towards the last breakout zone & then go long.
All the important levels are marked on the chart.
Enjoy Trading.
(press like 👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis)
Ethusdtlong
ETH Longat the moment i am wait for a retracement to my .236 lvl of 1608.35 and that will be my long entry i wont have a sl so put your own and my tp 1 will be at 1788 and my tp 2 will be at 1873
Will cut them if the daily closes below my .236 lvl of 1608.35
Or if you want to be safe then wait for daily candle to close above
My Other ETH Idea/FractalThe other idea & fractal that fits pretty well is this one. In the immediate short term, it would have us retrace into the 1558 demand zone and make a higher low before continuing higher. We would end up in the last fair value gap on the upside that needs to be filled, which also coincides with the macro GP from ATH. You can also take the measured move and it lands right in the same place.
#ETH Some Probability 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 breakout this big descending channel currently it looks like it will restest this channel and then we can expect some good bounce from there.
technical we can expect almost 30% bounce according to the pattern.
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
#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