ETHUSDT, short to 202, 193.6 after bulls involved.Hi, friends today Ethereum we have downward tendention on the market. Bulls used more then 60K contracts to move price up and sell at 214. After that all bulls go out frome the market. We have strong short to 202, 193.6.
Levels thanks to X-Lines indicator. Volume analisys - X-Volume script.
Ethusdtshort
#ETHUSD ANALYSIS.. DUMP INCOMING.. Bears will dominate the whole market for a while, but I firmly believe that these are the last zig-zags before a new market cycle..
We see wedge pattern on #ETHUSD weekly chart and I think, as I mentioned in the graphic, we will find the bottom we have been looking for for a long time.. I think the reference value of rsi 50 is very important, in this context, we can see a fractal as the leading indicator that sales will get harder soon, we will wait and see.. Also, the value of 0.95 for vortex has worked quite meaningfully from the past to the present, as it can be seen in the weekly chart of Ethereum , the value in question produces important clues for us and should be watched carefully in the future..
All these arguments point to a negative process in the medium term, my personal opinion is that Ethereum will drop up to $ 47 and gives a serious buying opportinuty before a new market cycle..
Sometimes you need to break your knees a bit more to jump higher..
Disclaimer: I am not a financial advisor.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
ETHUSDt signal, local movement(SHORT)Everything on the chart.
open pos: market
Stop: 179$
take profit: area 164-161$
Risk 1 to 4.5
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ETHUSDT 4H short (6% gain)Hey traders,
Here is the idea to short and make 6% on ETHUSDT.
Looking at the 4H chart we can se a strong ascending channel, the price will likely go back to 175-176 before it retests the bottom of the channel (164-165).
Once the bottom is tested (164-165), it will likely test the high of the channel (200), which would give almost 20% gain, I will keep you guys posted!
ETHUSDT - analytics of corrective price growth!Good day to all crypto fans! Let's analyze where we expect the price of ETH in the near future?
Locally, the ETH price completes the corrective movement in the fourth wave, followed by the local fifth wave. Levels are marked on the chart. After which, most likely there will be a slight correction to the level of 142.42 and subsequent growth.
Price moves in an upward channel in its lower part. It is indicated on the chart. Punching and fixing above the level of 150.45, the price will go to the level of 169.30 or the middle border of the channel.
According to the indicators on the hourly timeframes, the local corrective movement may continue. The fourth wave is often heavy and unpredictable. On the daily timeframe, the upward movement is not yet complete. Therefore, upward movement to the levels marked on the chart remains a priority.
Cancellation of the upward movement is a breakdown and consolidation below the lower boundary of the channel or level 139.20.
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I do not give entry and exit points.
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ETHUSD SHORT - as BTC weakness continues so does the ALT leaderWhat is up everyone,
Clean bearish pennant developing on ETH as well as a variety of other altcoin setups.
Publishing this one as I think it could get the most visibility.
Major bearish pattern performed to target and I think we will see more downside here.
Pain for holders continues likely.
Take care,
Vlad The Crypto Trader
ETHUSDT: Ready for Support Zone.
Thanks for Taking Interested in my Trading Idea.
Market Support near $227-$237
From this Level Market can Bounce upside.
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