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Ethusdtshort

ETHUSDT 1D (Update):What do you think?Well, as we can see on the chart, the price has lost the upward trend support, it has already reacted to the first MPL support, if this support Breaks , we can expect it to fall to the range of $ 2900 . in case of Losing this support and completing the Double Top pattern, we can expect a further drop to the $ 2300 to $ 2400 range. The second scenario is for the price to rise, provided that the support price maintains $ 3100 and can record a Higher High above $ 3400 .
by ArmanShabanTrading
10
ETHUSDT Crucial pointAs you can see in the chart we have reached to a key area which has acted as support and resistance multiple times in both daily and weekly timeframe , having a look at price action in shorter timeframes we see price losing momentum, as well as obvious divergence in RSI which is giving us lower highs, plus we are getiing lower highs which draws a rising wedge giving us a signal of bearish breakout happening. Based on my analysis I believe price is gonna come back to its previous strong support area (2700-2800) which basically is a previous key area as well as having EMA50 as support, we will then need to see how the support is reacting. NOT FINANCIAL ADVISE
Short
by UnknownUnicorn26716819
Relief Rally Over. Top is InRight where I put the vertical line go zoom in on the 1 hour and then the 1 minute. We're starting to print mirror image patterns. The trend is about to flip. Also it just so happens that we are right at the golden pocket from ATH to the bottom of our consolidation zone. You can see the bearish H & S pattern that is flipping the trend and how it's rounding out the top. Go short something and hold it all week. Thank me later. Oh also how could I forget to mention the massive bearish divergence on the 4 hour that we've had all week
BYBIT:ETHUSD.PShort
by DigiLex_LLC
4
$ETH - Complacency Shoulder or 10K?$ETH - argueably the strongest asset on the crypto market rn, just look at the amount of up candles on the daily with virtually no pullbacks But, now we are coming into the OTE of the huge downmove The downmove which never actually broke weekly structure to the downside, only the daily Thus we can look for shorts within these Daily Bearish Order Blocks, which is overlapped by a 3D OB I will not be blindly shorting though as the asset is so bullish into the sell area Any triggers though and I think we could swing down to the MO and D OB that overlaps it depending on how BTC plays out If we get though the first D OB, I wouldn't be too surprised and a long of the retest into new ATH's could really be the play ETH 2.0 coming on smoke
by InvestmentsHub
#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
by Cryptorphic
21