📊#ETH achieves mid-term TP, remember to lock in some profits✔️➡️If you check my posts often, you will find that I have been optimistic about the rising potential of ETH from very early on, and published an analysis post on the ETH/BTC exchange rate on November 5. At that time I suggest that everyone hold the spot of ETH and wait to go to the moon. In the later period, it developed as expected and everything went smoothly.✔️
🧠The trading idea here is that when we break through the short defense point, the structure here changes, which means that the short structure is destroyed, and then only the double bottom long structure is left as the supporting power. So after confirming this signal, I started to be crazy bullish on ETH and bought a large amount of ETH. In the subsequent analysis posts, I have also maintained a bullish view on futures trading. If you follow me, you should know it very well.💯✔️
⚙️At present, we have completed the mid-term goal. The realization of the macro-cycle goal is usually accompanied by the adjustment of the macro-cycle, so I have reduced some spot holdings here, and most of the profits from futures are locked here. But I have longer-term goals for ETH, so let us look forward to the rest.☕️🙏🎯
🔥Congratulations to all the friends who followed us to print money🎉💰🍻I have helped everyone make money, so I hope you can also help me. Please remember to like❤️share my analysis posts and channels. 📤
ETHUSDTPERP
Important support and resistance area : 2103.75-2159.0Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(ETHUSDT chart)
(1M charts)
The key is whether the price can be maintained by rising above 2103.75-2159.0.
(1W chart)
The key is whether the HA-High indicator can indicate touchable movement.
Therefore, it is necessary to check whether it rises to around 3662.19, where the current HA-High indicator is located, or whether it swings up and down and the HA-High indicator falls and a new one can be created.
Therefore, the 2103.75-2159.0 section is expected to play an important role of support and resistance.
(1D chart)
It is necessary to check whether it can rise above 2104.60 around December 5th and rise along the upward trend line.
Otherwise, if the price falls below 2042.59 and maintains the price, it is expected to fall to around 1879.61-1923.03.
At this time, caution is required when trading as it may fluctuate near the MS-Signal indicator, that is, around 1979.39.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
⚠️Ethereum(ETH) will Go Down at least ➖40%⚠️👋Hi, everyone. I hope you have a great weekend.🥳
📈Today, I am going to analyze Ethereum(ETH) for you; since more than 80% of the Tokens in the cryptocurrency market are on the Ethereum network , I hope this analysis will give you a good insight into investing in Ethereum(ETH)and other tokens .
✅Ethereum(ETH) reacts well to the 🔴 Heavy Resistance zone($2,520-$1,880) 🔴 and has taken a downward trend again in recent weeks .
☠️One of the reasons for the fall of Ethereum(ETH), in addition to hitting a 🔴 Heavy Resistance zone($2,520-$1,880) 🔴, is the DeathCross Signal .
📚☠️ Death Cross Signal ☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA), usually the 50-day , crosses below its long-term moving average, usually the 200-day .
💡Also, if you look carefully at my chart, the Pitchfork lines also have a good effect on Ethereum(ETH), although in order not to make the chart busy, I refrained from drawing all the lines.
🌊According to the theory of Elliott waves , Ethereum(ETH) seems to be in a Super Cycle so that the main wave 3 ended at $4,868 and Ethereum(ETH) is currently completing the main corrective wave 4 .
🌊Considering that first microwave of the main wave 4 has 3 waves , it is a bit difficult to recognize the correction structure of the main wave 4, but most likely it will be a correction structure of the Double Three Correction(WXY) type.
🌊It seems that Ethereum(ETH) has completed microwave X of the main wave 4 in the 🔴 Heavy Resistance zone($2,520-$1,880) 🔴, which can be one of the signs of the ☠️ Death Cross Signal ☠️.
Now, before concluding, let's take a look at the ETHBTC chart analysis, which gives us a good idea that if the cryptocurrency market falls or rises, Ethereum(ETH) will rise or fall more or less than Bitcoin(BTC)(About 4 months ago, I shared with you the analysis of ETHBTC which is running well✅).👇
💡The chart above👆 shows that it is likely that Ethereum(ETH) will start to rise again after entering the 🟢 Heavy Support zone(0.057 BTC-0.049 BTC) 🟢 and 🟡 Price Reversal Zone(PRZ) 🟡 will be less affected if Bitcoin(BTC) falls.
🔔As a result, I expect that the Ethereum(ETH), as I explained to you, will have a downward trend( ➖40% ) in the next 3-4 months and will begin to rise again, at least to the 🔴 Heavy Resistance zone($2,520-$1,880) 🔴 as it approaches the 🟢 Heavy Support zone($1,060-$744)🟢 , Support line and Pitchfork lines .
🔔So it's better to invest in Tokens that are on the Ethereum network and wait for Ethereum(ETH) to at least enter the 🟢 Heavy Support zone($1,060-$744)🟢 , maybe Altseason will start from this zone.
🙏In the end, I have to apologize for the fact that the chart is busy, but in my opinion, all the lines and indicators were needed for your better understanding of the analysis, and I also hope that this analysis has an 📚 educational 📚 aspect for you.
------------------------------------------------------------
I would be happy to share your opinion about Ethereum(ETH) for the mid and even long-term below this post.
------------------------------------------------------------
Ethereum Analyze (ETHUSDT), Weekly time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
📊#ETH may continue to rise based on the falling wedge📈➡️After 10 + days of consolidation, we gradually formed a descending wedge pattern (we generally rose according to this model). If we follow the falling wedge model, the ideal double short target may not be fully realized, so we should not be too persistent, the trading market is so changeable, so we should remain flexible, so that we can follow the rhythm of the market to make money.
🧠Therefore, if we stop and stabilize in the support zone, we will most likely start the rally from here and then challenge the bears and the previous high above.
🧠If we break below the support zone and the bulls, then the lower buy zone is a good place to watch.
Let's see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
ETHUSDT Ascending Triangle Pattern!!ETHUSDT (1h Chart) Technical analysis
ETHUSDT (1h Chart) Currently trading at $1973
Buy level: Above $1970
Stop loss: Below $1941
TP1: $1990
TP2: $2030
TP3: $2075
TP4: $2140
Max Leverage 10x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Another 17% Upside for ETH?Historically, the correlation coefficient between ETH and Bitcoin is almost perfect.
Admittedly, the correlation between the two assets was weakened between September 11th – October 8th.
Regardless, the correlation between the two is back (current value 0.88).
Furthermore, ETH’s current PA mimics BTC’s PA between October 23rd and November 8th. ETH is now forming a cup and Handle pattern. BTC had to get above a trendline resistance to realize this pattern. ETH also must break above its trendline resistance to complete the same pattern.
Bitcoin Cup and Handle:
Bitcoin will likely continue to inch higher in the coming days, allowing ETH to complete its push-up to around 2300 USDT.
Trade Idea:
The trade setup depends on completing the Cup and Handle formation.
Invalidation:
Daily close below 1917 USDT.
NFA.
What do you think? Please share in the comments.
Best Wishes.
📊#ETH short structure still in place, cautious long⚠️🧠ETH structure will look clearer, it is clear that the double head short structure, the current short target has not been fully realized, so even if the rise we can not be too optimistic, try to maintain the rally after the short view.📉
⚠️Note that if our short defense point is breached, it means that the short structure is broken, which means that the probability of continuing the pullback will be reduced.✔️
Let's see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
The Ethereum Bull MarketSimilar to my idea with the Bitcoin bull market, however I expect some initial underperformance from Ethereum relative to Bitcoin with Bitcoin dominance targeting around 60%.
2024 : An upside swing on Bitcoin to $52.3k can drive Ethereum up to $2,450 range but then to pull back more significantly than bitcoin to place a 2024 low around $1160. This may not play out but a bitcoin buy pullback to 28,600 in 2024 would signal an Ethereum buy (whatever the price) for an upside swing to a higher high around 6,300, as Bitcoin rejects 64K to prepare a more horizontal neckline compared to an upward sloping neckline on Ethereum.
2025 : A pullback in 2025 for the low to be around $3,100 and inverse head and shoulders projection targets 37K, but exiting the market around 20K upwards after accumulating 2-3k seems more than adequate.
All the best with the journey which is sure to cause trouble for the faint hearted along the way. :D
📊#ETH double short target not achieved, cautious long⚠️🧠According to yesterday's analysis, we are still in a double-top short structure. At present, wave A may have been completed, and next we will most likely go to wave B. The expected trajectory is fully in line with expectations, and the view of shorting after the rebound remains unchanged.📉
⚠️But please note that if our short defensive point is broken, it means that our short structure is destroyed, which means that the possibility of continuing a callback will be reduced.
🚨Although the futures market is attractive, it can also be very cruel, so don't forget about risk management.⚙️
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
📊#ETH long-short structure conversion, high probability bearish🧠Yesterday, we continued the strength of the bulls, but unfortunately, we failed to successfully challenge the former high, and began to fall, and the bull defense point was broken, which means that our bull structure was destroyed, which means that the double top bearish structure will have a high probability of subsequent continuation of the bearish force, so it is recommended not to be too optimistic.
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
📊#ETH may continue to rise through the smiley face structure📈👆As we analyzed in the previous post, we broke the short defense point, which means that the short structure is broken, which means that we will continue to extend the strength of the bulls, challenging the former high with a high probability.✔️
🧠We formed a smiley bullish structure after two days of consolidation over the weekend, so it is reasonable to think that we will continue to rise.🚀
⚠️However, if we break below the bull defense and buy zone, then this bullish structure will fail.❌
Let's see.👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
Ether Long Term forecast 38K?Bullish projection.
Strategy should be adaptable to changes in the structure or significant fundamentals that speak against upside potential. $2000 is better price than $3000 and $4000, with upside potentials to 38k, approx 4.4 trillion. We may reject around 12.5k, for another bear market so worth reassessing the market then. Considering the roadmap and developments in Ether I would project Ether to reclaim the limelight in this bull market quietening some of the proponents of 'Ether killers' who performed well in the previous bull market.
Considering lower market caps of altcoins, greater volatility to the upside and downside is a given, acquiring more Ether should be the objective so relative Alt/Eth performance should be important to consider.
All the best on your journeys in the market
:D
📊#ETH completes the target. What's next❓➡️We analyzed this possibility on November 4 before the cup handle structure of ETH was formed, and we have maintained a positive bullish attitude in the following developments. On the 8th, I published this multi-trading strategy internally, and I am very happy that we achieved all the goals as expected, with a total return of 1000%+. Congratulations to the friends who followed the Wolf King to print money.🎉💰🍻
🧠I also publicly shared our trading strategy yesterday, and the final goal arrived on schedule without risk. Then we can continue to move higher, because we have broken the short defense, which means that the short structure is broken, which means that we will challenge the previous high.⚔️🎯
⚠️However, please note that there will certainly be a relatively large pressure near the former high, because too many people value this target position, so when we get here, there will certainly be a lot of people reduce their holdings or stop profits to leave, so the corresponding pullback will also occur, so please be cautious, do not blindly chase.❌
Let's see👀
➡️If you can't grasp the rhythm of futures trading, please follow my footsteps and print money together.💰🍻
📊#ETH short structure is broken, expect to continue to 🚀➡️We analyzed in previous posts that we had a high probability of being bullish through the rising triangle and cup-handle structure, so we laid out the bull market trap several times and were happy that the market developed as expected. Now that we have locked in major profits and expect more without risk, congratulations to the friends who followed the Wolf King to print money.💰🍻🚀🌕
🧠When we completed TP zone2, we also broke through the top short defense point, which is a large short structure, and the short structure was broken, which means that the future will continue to continue the bull power, which means that the performance of ETH will likely exceed BTC, which is a possibility I analyzed in the ETH/BTC exchange rate before. You can check it out if you are interested.👀
⚠️Note that while we are very bullish on the future upside of ETH, we may run out of steam after breaking the bear defense, so it is wise to be patient and wait for the right opportunity to present itself.☕️
Let's see👀
🔔If you also want to improve your trading skills, then you can find Wolf king 💌and we will set up traps for hunting together.🕳💰🍻
📊#ETH will rise according to the cup handle structure🚀🧠We analyzed in the previous post that we broke the short defense point in the process of rising, the short structure was destroyed, the former high breakthrough means that the cup handle bullish structure was established, and we also broke the resistance line of the rising triangle, so we will continue the rising momentum with a high probability.🚀🌕
Let's see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
📊#ETH has a potential cup handle structure👀➡️We quickly fell back after the completion of the smiley bullish structure, and gradually formed an upward triangle in the process of adjustment, yesterday after we stopped falling there was a small double bottom bullish structure, so we laid a bull trap here, glad that the market developed as expected, let us successfully hunt for 2 times the profit, congratulations to the friends who followed the Wolf King to print money.💰🍻🍾
🎯We have been underweight or out of the market in the target area. By looking at the chart, we can find that we may eventually form a rising cupped structure. Combined with the fact that we are in the rising triangle structure, the overlap of the two bullish structures establishes the possibility of continuing to rise, and in the process of this rise, we have successfully broken the above bear defense points. This means that the short structure has been destroyed, which means that the bull power must be continued.🚀🌕
👆In summary, if there is a good correction, then it will be the best opportunity to enter.💯
⚠️Note that if we break below the bull defense, then we will lose our bullish momentum.❌
Let's see.👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
📊#ETH skyrocketing, where is the target❓As I said in my last post, we turned on pumping as expected. We finally made a buying move behind the up-and-down trend line. ⚙️At present, we have reduced our position by 50% and will continue to wait for the remaining targets.🙏🎯
🧠Because I believe that we will continue to break above the high, after the high we may start to fall back, if that is the trajectory, then we will only treat it as a healthy correction.📉
Let's see👀
✔️Actively bullish also requires looking for the right entry opportunities, find 👉 Wolf king , let us participate in the traps laid in advance🕳
💕 Follow me so you don't miss out on any signals and analyze 💯
📊#ETH starts dumping❓ Don't worry‼️ Here's the key‼️➡️In the last post I stated my view and remain bullish on the future direction as we broke the previous bear structure yesterday. We are only now in the correction phase after the short-term goal is achieved, and when the correction is completed, it will likely start a big boom.💥📈
⚠️Note that if we fall below the bull defense point, it means that our bull structure is destroyed, if we continue to fall below the previous low, it means that we will completely lose the upward momentum, then the positive bullish will be ineffective, at that time, everyone should also actively change their views, do not be too persistent.❌
Let's see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
📊#ETH short structure destroyed, continue pumping🚀☕️Well, just as I was compiling the analysis copy, we have chosen to break through the small short defense point, which means that the small short structure is broken here, which means that we will continue to challenge the former high, if this continues to be broken, then we have a chance to attack the large short defense point. If the big short defense is broken, then all future pullbacks are new buying opportunities because the big short structure is broken, which means that we are likely to move higher.🚀🌕
⚠️Note that if we do not break the previous high, then we may still form a new short structure and cause the decline.📉
Let's see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
The key is whether it can rise above 1848.78Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(ETHUSDT chart)
As the price of BTC rises, ETH is also showing a rise.
Since ETH is the coin that occupies the second largest share in the coin market after BTC, the rise of both coins may mean that the coin market is showing an upward trend.
Therefore, in normal market conditions, BTC and ETH often show rising trends alternately.
The upward trend of BTC and the upward trend of ETH are different.
While BTC's bull run is likely to continue, ETH's bull run is short-lived.
Therefore, I think it will be helpful to modify your trading strategy by checking which coin is leading the market.
(1M charts)
The key is whether it can rise above 1941.9 and escape the downward trend line.
(1W chart)
The key is whether the price can be maintained above 1783.0 and rise above 2096.39.
Even if it falls below 1678.12, it is expected to rise as long as it does not fall below the downtrend line.
(1D chart)
Looking at the big picture, it is currently forming a large box section and showing sideways movements in that section.
Accordingly, the key is which direction to break through this box section.
It touches around 1848.78 and is located near the M-Signal indicator on the 1M chart.
Therefore, the key is whether it can be supported and rise in the 1714.26-1796.99 range.
Even if it rises above 1848.78, it is important to be able to receive support in the next box section, 1923.03-2104.60 section.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
ETH/USDT a calculated LONG tradeTaking a look at the chart, it's clear that ETH has made a successful bounce off the support and is now on its way to challenge a strong resistance. Given the current short-term bullish sentiment, there's a reasonable expectation that it will break through that resistance.
After the breakout, we may witness a minor retracement, as anticipated. This trade is a calculated one with a moderate level of risk, so be prepared if you decide to take the plunge.
Entry Price: Around 1577
StopLoss: About 1540
Target Price 1: 1600
Target Price 2: 1630
Target Price 3: 1660
Recommended Max Leverage: 5x (Don't go too wild! 🤑)
Oh, and don't forget to set that stop-loss! 🚨
Stay tuned for trade updates, and remember to give us a thumbs up and share our posts. It really keeps us pumped up! 😄
ETH Crab Pattern (short entry 1880)4h time frame
-
ETH creating a potential bearish harmonic pattern_crab, which utilizes 1.618 Fibonacci Projection of the XA(1745.84~1531.08), the calculated PRZ(Potential Reversal Zone) is around 1880. Also, range 1839~1933 is the resistance zone we talked before, which is made of 0.618~0.786 Fibonacci Retracement, and there is the S/R, too. In conclusion, 1880 will provide a comparable resistance for ETH, and might be the last chance to open short before end of this bear market.