ETHUSD Climbing..Press the Follow Button to see more of my Daily Detailed Analysis across all assets. Also, if you have any questions please do ask them in the comments Section.
Here we have our ETHUSD chart..
We touched on Early Resistance recently causing a slight dip in price. This zone supplied an early short zone with light risk due to the impetus of the previous up move. News Sentiment is currently seeing price dwindle to the downside.
We are still continuing the current trend upwards on a Technical basis. for that reason we are going to be long on a dip to comfortable support (labelled). You can use a FIB to judge the feasibility of current price based on its value (high/low). Risk should also be small as this is a HVA and can be very volatile.
Look to exit back towards resistance and a Price action zone (eclipse symbol area).
Ethusdtrade
ETH/USDT 12 HOURS UPDATEWelcome to this quick update, everyone.
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My previous ETH chart is going correct now, it on on resistance of $3000 I expect a bounce.
let's see how the daily candle closes.
What's your thought on this?
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ETH/USDT 4HOURS 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 broke and bounce from this green line support we are expecting a bounce from this level but we have to wait for a letter bet retest the support level I am bullish on it.
let's see how the daily candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Ethereum to break supportAs in Bitcoin's case, bulls don't have reasons to be happy at all...
After the recent drop under 3k, Eth started to correct, but this rally was short-lived and very well capped at 3.4k. A double top has formed here and now we are sitting exactly on the neckline's support. A break here looks imminent and the cryptocurrency can accelerate losses to 3k again
Also, a continuation to the downside will confirm that a lower high is in place and EthUsd can drop to very important 2750 support
Sell rallies can be a winning strategy for this crypto and only price above 3400 would negate this scenario.
ETHUSDT Analysis (All Possible Scenarios)Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
As you can see that ETHUSDT is also forming a falling wedge, so be ready for bull move.
What about me? Locally, of course, I would like to see the green scenario with 39k - to 40K test.
if will be consolidation above 39k, it means that we are going to test the upper border,
if not, then there will be another local decline in the region of 34-36k and only then growth, what option will be - time will tell, im just wait and hold my positions.
Good luck everyone!
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ETH/USD trade updateWhen we look at the chart we can see that the price is going back up a little. We can also see that the price broke a possible descending wedge and that is also a good sing of the trade going up. What we could see now is a little drawdown back to the descending wedge to do a retest of the level. Once we get that I would increase my position if the volume and liquidity are good. For now it is just waiting but it does look good.
ETH/USDT 12 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 bounce from this blu line support we are expecting a bounce from this level but we have to wait for 12 hours candle close if it will close upside the 21MA then I am bullish on it.
let see how the daily candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
ETHUSDT | Best Entry & Target PointIf you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of ETHUSDT , I think we are going to see an upward movement. If you are going to go long now, make sure to place the stop below the previous support area .
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.