#ETHUSD Reached $2800! Perfect Prediction! New Setup here...Welcome to this 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.
In my previous ETH update that I posted on July 26th, I speculated a move towards $2800 and recommended an entry in ETH around $2000 and within 10 days the target got filled.
We made almost 40% profit on spot.
Perfectly on track! I hope you will appreciate these efforts.
In the current chart, the main support for ETH is at $2500, $2300 is another support If ETH gets there.
I expect some pullback to the $2500 to 2750 area and then a bounce to break the current resistance level around $2849.
Once we break and close above this resistance it's highly likely we will see ETH above the 3k mark.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
ETHUSDTPERP
ETH : Is that WHAT it looks like ?📊ETH is forming an interesting chart pattern on a 1-hour timeframe, "DIAMOND TOP' and the last time it did the same was around 16th MAY on a daily timeframe, the price made it's ATH and then boom it dropped more than 50%📉
Although, this pattern usually leads to a price drop as it is a reversal pattern which normally forms on market tops💥
It will be interesting to watch how the price develops as we are currently retracing after continuous 10 green days and are only 2 days away from EIP-1559. 👀
DYOR.
ETHUSDT (4H CHART) Falling Wedge PatternETHUSDT (4H CHART) Technical Analysis
ETHUSDT (4H CHART) Currently trading at $1906
Buy-level: Above $1917
Stop loss: Below $1834
Target 1: $1968
Target 2: $2037
Target 3: $2168
Target 4: $2264
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
ETH - Time to complete the 5th wave of in C patternEthereum has gone up after testing the support at $1800 and is getting close to the top of trendline as well as 25 daily EMA which proved to be strong resistance so far.
ETH is currently following ABC corrective pattern and it seems that we are just about to complete wave 4 in C and move on to the final 5th wave that will complete the ABC.
Measured target from here is $1300
Ethereum WickZILLA3 month chart for ethereum.
This 3month candle has 1 day left to close and it currently does not look like a very strong candle (shooting star or possibly a gravestone doji) could be an indication of a trend reversal over the mid to long term.
This bearish pattern could be negated by a strong full body close of the next 3 month candle covering a decent portion of the wick.
ETHUSDT Technical Analysis UpdateETHUSDT has broken below the Support and on the 4H and 8H has been rejected multiple times from a major Resistance, Now it's at the minor Support area which means it might get a pullback for the 5th time to the Resistance for a retest before it moves down to 2240.23. We need to see the price action on the lower TF carefully to see if there is any good entry for a call or short position.
Happy Trading :)
$ETH - strong coin but at do or die areatop of daily range since its death
moved into supply
H12 and H4 bear SFP's
1H breaker of that move highlighted
look to sort interactions of that
risk defined by SFP
if it fails, longs to low 3Keks could be on or even a new short entry if that breakout above the current range high doesn't hold
ETHUSDT Technical AnalysisETHUSDT is still in the channel, depending on what side we get the breakout I've done analysis but before any breakouts nothing would be clear. If we get the breakout of the Resistance then it is possible to have Pullback at 2975.6 before it goes up and if we get the breakout at the Support then after passing 2524.4 it will go lower.
Happy Trading
Ether back on track..ETH/USD is starting to look bullish again and resuming the uptrend. As one can see, Ether is still in a major bull uptrend as evidenced by the 150EMA and the slingshot EMA. ETH has so much more going for it compared to BTC and I firmly believe that the crypto selloff last month was purposed to allow large funds and whales to sell off their Bitcoin positions in favor of ETH... Let's take 10 ETH to start and gradually add as prices break back above resistance levels above. Stop would be a move back below $2500...
ETH The fall targets have been fulfilled, now we expect growthSo the future has come, and it turned out that our foresight for ETH turned out to be a cruel reality.
Less than two weeks have passed since the previous idea for ETHUSDT was published, and it worked out all the goals from below.
By the way, the idea of ETHUSDT was included in our top 15 correction forecasts for the last two months
Ethereum was drained by -60% - this is the average mark for the market, thin and less liquid coins were drained by 70-80+%
Now, in general, we expect an upward rebound in the crypto market.
In particular, for the ETHUSD pair, we expect a rebound to the $3000-3300 zone, where the longs should be covered and looked around.
What are your expectations and attitude for the next 3 months in the cryptomarket?
Share your Top-3 coins that were the most worthy on the fall, where do strong and confident investors sit?
and the crypto community will thank you with likes, maybe even donations)
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
ETH 1D Is the End of Growth Near?We bring to your attention the global idea of the ETHUSDT trading pair
If you are an ardent fan of Ethereum, then for the next few days your goal is about $4700.
Moreover, the dominance of ETH is growing, that is, capital flows into this project.
However, if you look at the chart on a large scale, you can see how the ETHUSD price has been moving upward in a channel for more than a year. Now the ETH price is very close to the upper border of the channel and a rather strong correction may begin.
The first correction level from below is around $3000. However, a more or less l iquid zone is in the region of $2150 and below .. .
Is this fantasy or a cruel reality we will learn in the future)
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)