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Ethusdtshort

#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.
Long
by CRYPTOMOJO_TA
5
📉✌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✌
Short
by CrazyS
6
📉✌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✌
Short
by CrazyS
2
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.
Short
by averkie_skila
3
#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 $1140 This is not financial advice (DYOR) This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section.
Long
by CRYPTOMOJO_TA
1
ETH SHORT - CPI DAYWELCOME TO MY ANALYSIS, GO CHECK OUT TRADING CHANNEL ETH/USDT - 15 MIN i would say this a little swing analysis. If these three marked levels on the chart of 1200-1255$ 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
Short
by Crypto-Frantisek
5
ETH Nightmare ScenarioThis is the worst case scenario for ETH - this turns into a giant macro head and shoulders and completely collapses. Bitcoin has one also. The neckline would be the macro 0.618 from the very bottom to the ATH. Once the SPX starts to collapse (as per the 2008 crash fractal which fits perfectly over the current price action) crypto will go the rest of the way with it. I've seen this dump coming for a while now and was wondering what the news event would be to "cause" it (because everyone knows you can predict when the news events will happen by looking at the charts) - we got our answer with FTX. The "black swan" event that broke the market. Put your hands up and yell "Weeee!" all the way down the rollercoaster. Short everything for financial freedom and then get your money off the exchanges before they freeze withdrawals lol
COINBASE:ETHUSDShort
by DigiLex_LLC