Launch of Ethereum rocket is planned from the level of $2600Today we will consider the global price chart of ETHUSDT, and what prospects, in our opinion, await in the future.
As can be seen from the chart, the price of ETHUSD has been consolidating in the price range of $1700-4900 for exactly one year from May 2021. However, in recent months, volatility has been declining, and the "spring" is shrinking, hinting that we have a strong momentum ahead.
For ourselves, we see it logical to take a safe long ETHUSDT in the area of $2600-2700. Well, the levels for the feet below are enough, it already depends on what risks you are willing to take on deposit.
If you believe the channels on the schedule, the launch time of the "rocket" will be in early May 2022.
Well and further it would be desirable to see realization of achievement of the targets - $6300, $9100, and can even $16400
We also plotted important price crossings on the chart at the end of June and August, as well as at the beginning of December 2022.
Who studied the Ethereum white paper of the project lengthwise and crosswise? Please write in the comments if something interesting is planned for these dates!
And although the thoughts are set for a super rise ETH price in the future, but the mind should always be kept cold.
Therefore, we suggest you look at the 3-day chart.
The first thing to note is how beautifully the price moves through the channels - aesthetes and pedants should appreciate)
The second thing to note is that a confident fixation of the price ETHUSDT below $2600 , nothing good in the long run, may not bring. After all, the space for the fall opens up to the liquidity zone of $300-500.
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ETHUSDTPERP
ETH/USDT TRADE SETUPHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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LONG #ETH/USDT
ENTRY: $3070 - $2900
SELL- $ - $3300 - $3400 - $3500 - $3600 - $3700- $4000
LEVERAGE: 5X to 10X
STOP LOSS: $2700
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ETHU/USDT SHORTER TF UPDATEHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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LONG #ETH/USDT
ENTRY: $3070 - $2900
SELL- $ - $3300 - $3400 - $3500 - $3600 -
LEVERAGE: 5X to 10X
STOP LOSS: $2750
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Ethereal (ETH/USDT) : About to validate 40% upside move !Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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LONG #ETH/USDT
ENTRY: $3070 - $2900
SELL- $ - $3300 - $3400 - $3500 - $3600 - $3700- $4000
LEVERAGE: 5X to 10X
STOP LOSS: $2700
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Will ETH be able to hold the 3k support?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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LONG #ETH/USDT
ENTRY: $3070 - $2900
SELL- $ - $3300 - $3400 - $3500 - $3600 - $3700- $4000
LEVERAGE: 5X to 10X
STOP LOSS: $2700
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Ethereal (ETH/USDT) : About to validate 50% upside move !Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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ETH make this bullish w pattern currently it is retesting this upper support level.
LONG #ETH/USDT
ENTRY: $3170 - $3250
SELL- $ - $3300 - $3400 - $3500 - $3600 - $3700- $4000
LEVERAGE: 5X to 10X
STOP LOSS: $3100
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ETHU/USDT SHORTER TF UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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LONG
#GALA is about to break out this bullish flag pattern.
Buy eth at CMP and add more up to $356
Target:-10% -
SL:- $3450
Leverage:- 10x
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ETHUSD. My Take. What's in it for the Long RunAlright, Let's see what Eth has to offer
DAILY
So as we all know that eth kinda replicates btc's chart mst of the times and i have talked about that already.
So, this is my take on ETH.
Charts
Spiderlines
The mentioned spiderline seem to be resistive since feb 10th where we got rejected last time and got down. We have to overtake this resistance as we haven't been able to close a daily candle above it.
Adam&Eve
Not the best drawing but, kinda made this adam and eve here. Which markes the potential target to 4384.74.
I noticed this earlier and I am long on eth since 3108. I am not too sure about it hitting tis 4384.74 level and the reasons are discussed below.
Pitchfork.
Unlike Btc, the pitchfork for ETH is actually telling us something, and that something isnt nice. 0.618 level of pitchfork is what's bothering eth to not give a closure above 3550. But not everything about pitchfork is bad for eth.
Inside Pitchfork
If I flip Normal Pitchofork to Inside Pitchfork keeping.. We can clearly see that this 0.618 level has been overtaken which most of the times means a good bullish momentum ahead but with some decent consolidation or a bullish flag, yeah, bullish flag will be nice.
Key Levels (S&D Zones)
Looking at the daily key levels, We have successfully flipped the resistive supply zone and turned it into the demand zone successfully. We have a minor supply zone above that ranges between 3619-3727. Might touch it in 3 4 days.
Fib Channel.
For the Fib Channel, It's has overtaken the golden pocket afer consolidating in it for a week. which is a bullish sign, and next level for the FIb channel falls on price of 3792-3874 depending on how fast it goes to 0.5 fib level.
Fibonacci Extensions.
So the Extensions from the low of 24th jan to High of 10th feb suggests a resistive -0.236 level which actually makes sense so gotta have daily closure above 3550.06
Fib Retracement
This is ODD. 0.5 is playing nicely with ETH's price action, I think a gain of momentum is needed for this to overcome and we can head towards the retracement's golden pocket that lies in between the range of 3834-3964.
Volume Profile Fixed Range
It basically says we are in a good bullish zone but a retesting is required.
Indicators
RSI
Now this is convering and why it'll be hard for eth to even cross 3600 without consolidating for 2 3 weeks in this range.
RSI is exhausted. Last time we got below 23 RSI level was back in March 2020. and when we got back above 70RSI level, We pushed price up by 150%.
This time we were even below 22RSI level for ETH and now we are above 70 already and the price is pumped just 65%. 😦 Sad reacts only
EMA RIbbon
Ehh.. I dont like that ETH left the EMA Ribbon like the prevois red arrows, which didn't end up nicely. The ideal way is to keep tesing the EMA ribbon like the Green arrows for a nice move up. RETEST!! WHAT'S the HURRY!! I think the ribbons will open up soon and the gap will increase so nothing to much there to worry about.
Conclusion
Regardless of how many chart patterns are bullish and are in favor of eth to go abobe 4k, I think RSI will dominate all of them and will bring eth back to lower 20s or even higher 10s in the long run
ETH/USDT SHORTER TF TRADE SETUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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LONG #ETH/USDT
ENTRY: 2900$ - 3000$
SELL- $3050 - $3100 - $3150 - $3200 - $3250 - $3300 - $3400 -
$3500
LEVERAGE: 5X to 10X
STOP LOSS: 2800$
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ETH IS READY TO EXPLOREHi guys, This is CryptoMojo, One of the most active tradingview authors and fastest-growing communities.
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#ETH UPDATE
As per my previous ETH chart ETH break out this falling wedge pattern and currently, it is bouncing from the 50 ma support.
We are expecting a bounce up to the $5500 level.
If it broke the 50 ma support then the chart will be invalidated.
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
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ETH WILL EXPLODE SOON IMOHi guys, This is CryptoMojo, One of the most active tradingview authors and fastest-growing communities.
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ETH is making this bullish expanding triangle pattern.
Currently, it is having upper resistance of this expanding triangle pattern if it breaks and closes upside this resistance then we can bounce up to new ATH.
Let's see how the market reacts in a few hours.
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
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Will ETH be able to break the 3k resistance? Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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ETH is making this symmetrical triangle pattern .
Currently, it is lying on the downer support line of this symmetrical triangle or we have 21ma as local resistance and
RSI is showing some bullish diversion.
let's see price can break the ma or not.
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ETHEREUM 30M TF - TO FALL TO $2540Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
Price is approaching the upper trendline of the descending triangle. An upward rejection from this trendline will make price fall to the area of support within $2530 & $2550.
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ETHUSDT LongETHUSDT is making a triangle pattern.
It is good to go long in this with a very minimum risk of 40 points for a target of around 240+ points.
A bit risky trade. Good time to enter in this if it bounces back from the 2520 levels only.
Else wait for some more time.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
ETH IS READY TO GO FOR NEW ATHHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
ETH is making this symmetrical triangle pattern.
Currently, it is lying on the downer support line of this symmetrical triangle or we have 21ma as local resistance and
RSI is showing some bullish diversion.
let's see price can break the ma or not.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Will ETH be able to break the 3k resistance?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do 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 in this chart, Do not consider it as an
ETH is making this symmetrical triangle pattern.
Currently, it is lying on the downer support line of this symmetrical triangle or we have 21ma as local resistance let's see price can break the ma or not.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ETH/USDT 4HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
My previous ETH chart has been invaded. ETH is making this symmetrical triangle pattern.
Currently, it is lying on the support of $2730 or we have 21ma as local support level let's see price can hold the ma or not.
We can't say anything about this because it depends on the candle close
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Altcoin Trading Diaries #2: ETH, 1H Trading the trendBINANCE:ETHUSDTPERP
Bearish vibes in the market, still more room to drop (has not yet hit major demand zone).
A good entry would be the 0.618 fib level, this corresponds to the previous supply zone, and closer to 89-day EMA.
Although demand zone is further below, we are happy with a RR of 3. We're also quite late to the party, downtrend looks like it is losing steam.
Tools used: Fib levels, Supply & Demand Zones, 89-day EMA.
ETH/USDT 12 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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ETH is making this higher low w pattern but it has not yet been confirmed. it got rejected from the $3000 level or it can come around the $3800 support level.
Let's see price can hold this level or not.
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
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ETHUSDTGood time to go long in ETHUSDT.
Broke the trendline, easy target of 250+ points.
Trade safe. Manage risk. Be profitable.
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ETH/USDT BREAK OUT THE RESISTANCE Welcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
As per my previous ETH chart, ETH has a breakout this DESCENDING CHANNEL pattern now may retest the 50 ma, and then we can expect 62% from here.
What's your thought on this?
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ETH/USDT 4 HOURS UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
ETH is making this DESCENDING CHANNEL. currently, it is lying on the support of $3600 we are expecting a bounce from here up to the upper resistance of this channel.
If it breaks this support with confirmation then the price can drop up to $2350.
Let's see how the market reacts in a few hours.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.