Ethusdtshort
ETHUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
ETHUSDT potentially Double Zig-ZagI'm no expert and i'm still learning but this seems to have respected the principals to form a double zig-zag. Looking to correct and try 1500-1400 after the 1050 drop. XMR looking to correlate just not the same correction pattern and drop to 120-130 then try 170-180 before dropping to lower lows. Educate me here fellow traders.
ETH possible ShortHi , ETH touched the daily 50 EMA few times
and price couldn’t break the level
Also current resistance level still holds the price strongly
Perpetual contracts volume has been decreasing last couple of weeks
And the bearish divergence on RSI might suggest more downside price movement .
This is only speculation and not a financial .
“Good Luck”
ETH - HOLD ON to something, DISCOUNTS Incoming !Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
The markets are correcting lower after a brief increase predominantly following BTC up. By looking at higher timeframes, you can zoom out to see the bigger trend at play and cancel out the volatility and noise on the lower timeframes. The RSI and momentum show that the bears are still very much in control, and Ethereum faces a serious risk of a flash-crash or a slow bleed down to $650 - $800 support zone. This is according to technical indicators Phoenix Ascending and Bollinger Bands . We can confirm this from a trend analysis - there simply isn't a large enough demand zone on the next immediate support zone ($1000) since it has already been tested twice, weakening it. Therefore, the price of ETHUSDT would have to drop more to find sufficient demand - more demand than the supply zone.
NOTE that this is not for the short term, but for the near term .
Incase you missed it ! Here's the Bitcoin update using the same method; Phoenix Ascending with Bollinger Bands:
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CryptoCheck
#ETH breakout this big symmetrical triangle pattern!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
ETH/USDT
ETH breakout this symmetrical triangle pattern and continued to grow.
What is symmetric triangle pattern?
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
The price broke through the resistance line, which has now become a support line.
The price can test the support level.
I am going long on ETH at CMP and I will add more up to $1170 with SL if any daily candle close inside this symmetrical triangle.
This is not financial advice (DYOR)
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
📉✌ETH 3H Short position✌📈BINANCE:ETHUSDT
COINBASE:ETHUSD
Hey everyone, first take a look at my previous analysis and positions.
Between now and the yellow area, you can open a short position in two steps. (If the price stays under the trendline)
If the price falls and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5-6-7-8 are on the chart.
The optimum stop-loss is above the determined area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
ETH usdt best risk reward i could findthe market has been weird so i am only taking few and safe trades.
right now eth is at a pitchfork resistance and i think there is an opportunity here.
i am setting a couple of short orders at
1207 and 1211
take profit prices are
1188
1177
Stop loss if 1hour candle closes above 1210 which is a tiny loss
a risk reward ratio of about 7.5
just keep an eye on hourly closes.
i will go x3 because it is a small loss.
Follow for more!
📉✌ETH 1H Short position✌📈BINANCE:ETHUSDT
COINBASE:ETHUSD
Hi traders, first take a look at my previous analysis and positions.
💥Three Drive pattern💥
between now and the yellow area,you can open a short position in two steps.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5-6-7-8 are on the chart.
The optimum stop-loss is above the determined area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
The insidious Ethereum.Hi all.
I held a short position on Ethereum for three months (July-October), which gave me just a zero sum exit.
It's already good that I wasn't liquidated.
But I didn't earn anything on that trading pair.
I am still considering entering a short position on Ethereum and
I still have the same opinion about market situation.
The market has not exhausted its bearish potential.
Those who have been trading cryptocurrencies for a long time know that globally the crypto market is not rising against the stock market, and can only rally based on a fundamentally good situation.
We expect FED key rate hike, we expect SPX to fall further below 3000 points (all the way down to 2100).
All this will take both Bitcoin to the $ 10,000 level
and Ethereum to the $ 400 level.
The market's timid hopes for growth now have their own price ceiling.
It's important for us to consider where it might be.
I open my favourite 3D chart and I see signs of local growth emerging.
The Kumo cloud has been broken up, Kijun-sen line has been broken, and the EMA50 has been broken… Well.
This is quite promising given the indicator readings.
However, a true bull market requires a much different picture in my mind than the bounce we are seeing here…
1. Test global support on the weekly chart. I believe this is $400.
2. Altcoins can make a real upward rally after Bitcoin has finished a dowtrend correction entirely, there is no real altcoin growth without a genuine BTC correction (see my old idea about bitcoin "85%-85%"). $ 10,000 level is still important.
3. Ethereum will need to test EMA200 line, and upper bound of Kumo cloud. This is where I expect inability to confirm the trend. A consolidation above $2,100 would require significantly more expensive Bitcoin. And we do not see the end of the correction.
4. Of the positive factors is only that Bitcoin dominance is falling again. Which allows Etherium to hold capitalisation. Yes, but you need to always remember that falling Dominance and rising Bitcoin is one picture... and falling Bitcoin falling Dominance is another... The second one is happening right now.
So, here are my thoughts, I will monitor the situation to let you know if I opened a short position at around $2095 with a stop loss of $2,300.
P.S. Also, I have been paying attention to the ETH/USDT chart @Bullish_Traders . I am not a wave trader and he is.
In his picture the failure level is $1730. There are indicative signs of growth on the daily chart, and I find it hard to believe that $1730 is the ceiling.
However, his picture is coherent and it deserves attention. I suggest you also look at his chart before making a decision.
#ETH IS TRADING INSIDE THIS DESCENDING CHANNEL PATTERN!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
ETH/USDT
Ethereum broke the downward channel and continued to grow.
The price broke through the resistance line, which has now become a support line.
I think the price can test the support level and rise to the level of 1290 where I see our goal.
I am going long on ETH at CMP and I will add more up to $1170 with SL $1140
This is not financial advice (DYOR)
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
ETHUSDT Potential Short setup-Overall, the price is in the downtrend including the 4H structure.
-Right now, what I am looking for is the retracement, because most likely it will make a major structure ( Lower High)
-When the price arrive at the support, look for confirmation entry (strong rejections or Engulfing) in 30M or 1H or even 15M
Targets are 1100 and 1040
ETH SHORT - CPI DAYWELCOME TO MY ANALYSIS, GO CHECK OUT TRADING CHANNEL
ETH/USDT - 15 MIN
i would say this a little swing analysis.
If these three marked levels on the chart of 1200-1255$ not broken by the price upwards, I would say that in the next few days to weeks, it mainly depends on DOLLAR strenght, we can look lower for ETH at levels around 1045$ to 975$
THIS CAN ALL CHANGE TODAY, it all depends on the US CPI release this afternoon, of course I'll keep you informed
SEE YOU SOON