$ETH Not looking so hott - retest of 61.80 FIBI think we're going to see a retest of the 61.80 FIB - considering that the overall crypto market sentinment went from greedy to fear (45) and we broke through the ascending channel.
Ehtusd
ETH short and long is clear !if you shorting and longing ETH please book your profit almost 10 %, as you know the current situation of the market
if like this idea Plz support and share
ETH BUY!!!! Great buying opportunity!HEAD AND SHOULDER FORMATION
Stoploss below neckline
eth
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you
ETHEREUMI wouldn't be surprised by a lil bit of a sell-off from this price till around 2.9k to 3K but either way its a great price to be buying more Eth @,
Make sure to continue buying the Dip.
Chill Ethereum is coming for you!As explained in charts, this is just a simple dip, DO NOT PANCK sell your coins to the companies that are buying them cheaper! grab some popcorn & watch.
ETH SMALL AND MID TERM POSITIONin this scenario we can buy in this triggered point, in small term we can take profit in tp1 and in mid term we can take profit in tp2.
ETHUSD: The price BOUNCED on its DYNAMIC TRENDLINEHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
ETHEREUM/USD
⚪ Technical Analysis :
Since the beginning of February 2021, the price has been moving with a nice uptrend, following and bouncing on its dynamic trendline, closing also its last two h4 candle's sessions above the same level.
It is currently moving above the S/R zone at about 1740 and there is a possibility to see a new bullish impulse.
🔴 Conclusion :
Considering an overall bullish market, closing and starting its last candle above its EMA 100, I'd be confident to see the price growing more and I'll definitely entry long if I'll get a proper confirmation during the next sessions.
I'll plan to entry long if the price will close around the level 1830 and my last target would be the level 2100.
Be very carefully on the resistance zone at about 2000, because it's a strong resistance and the last high formed.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
#Bitcoin and #Ethereum targets nearbyHi guys! 👋🏻
Yeah, I know it wasn't a symmetrical triangle, it was a Flag pattern being formed.
🔔 Cryptocurrency market drew its attention to policymakers and lawmakers once again after the purchase of the $1.5 billion worth of Bitcoin by Tesla, claiming that the company will start accepting Bitcoin for it’s products. Now it looks like another giant corporation, Amazon is looking to integrate crypto-payments, as the company is looking for a Software Development Manager - Digital and Emerging Payments.
🔔 US Treasury Secretary Janet Yellen on Wednesday warned of an “explosion of risk” in digital markets, including the misuse of cryptocurrencies, but said new financial technologies could also help fight crime and reduce inequality.
🔔 Bitcoin has formed a bullish flag on an hourly chart and has just confirmed a breakout from it.
🔔 The $43900 previous resistance acted as a support and Bitcoin was able to retrace from that level yesterday. Bullish continuation of BTC/USD may be stopped anywhere near the dynamic resistance of January 25.
🔔 The bearish reversal of Bitcoin is at this stage is very unlikely as the pair already confirmed a breakout from the corrective bullish flag pattern. MACD already crossed the signal line and is steeping towards uptrend continuation.
🔔 Similar dynamic resistance test was experienced by Ethereum yesterday. As seen on the chart above, Ethereum tested a major dynamic resistance of an ascending ending diagonal and retraced. The test of $1696 resistance as a support bolstered bulls to push ETH/USD above the $1750 resistance.
🔔 The most interesting part is that Ethereum formed a "diamond" pattern on a 15-minute chart. Diamond is a trend reversal signalling pattern which is formed in a combination of two symmetrical triangles to form a rhomboid shape.
🔔 Both coins look bullish amid their breakouts from their respected resistances, although both have to once again test the nearest resistance which halted them to continue the uptrend. Watch for the levels indicated above and follow the resistance levels to make the best decision.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Elon-mania - How long can cryptos be hyped?What an extraordinary time we live in! In less than 2 months Elon Must managed to change the crypto world. With the power of a tweet, he managed to double his crypto assets value. And he is not getting a sizable fine! If any of my dear readers remember, last time he performed a similar stunt tweeting about taking Tesla private, he received a $20m fine for market manipulation.
So, anyone curious why Elon is changing the world for the better with cryptos? What's in it for him? Here is an interesting thought experiment proposed from a couple of my followers from California, USA. Follow the money. We sat down in a social distant manner in web meeting and ran some numbers.
Tesla purchased $1.5b worth of BTC in January. There was not a single purchase order of that size. Actually, nowhere near it. Therefore it must have been a slow constant acquisition not to spike volumes or get whales suspicious. We traced steady volumes Dec-Jan and it is very likely that Tesla was slowly purchasing BTC around 24-26k mark. That would have bought Tesla about 60k BTC. We highly doubt that Elon would even mention BTC while Tesla was purchasing not to spike the price. That means that purchase was complete by the time Elon added his famous #Bitcoin. Check the dates and run the numbers 😉
So what's in it for Elon? 60k BTC as of this morning was worth in a ballpark of $2.9b, basically doubling the asset value for Tesla (Elon). Well played, just surprised he is not getting $1.5b fine for this 😂
How about ETH? It is difficult to say today's market's reaction, however, all assets are widely overpriced. That should spell a retrace.
Today's technicals: Position is short. Forecasted highs are at 1900 unclear of any limits. There seems to be a resistance forming at 1815. Mid-way point now moving to 1680. Forecasted lows at 1630 and unlikely to drop below 1600.
Don't forget that technical data renders useless against people irrational behaviour. Stay vigilant and change to Long in case market shifts direction.
Have fun trading! 🤑
ETH Futures - Will the price go up or down?This Monday morning is soo exciting! ETH has thrown quite a few jabs last Sunday driving volatility and kicking traders out of their beds 😄
Looking at the market data one could find ways to explain the dip and bounce back would be perfectly reasonable. Except for ETH futures announcement. Here it gets more complicated. You would think that positive publicity would rise ETH price, however, historically cryptos did really poorly before and right after futures released.
Therefore we have an overbought overpriced market, that should dip. Lots of publicity that should drive the price up and ETH CME futures that should drive the price down. So, which is it? Up or down? In situations like these technical data has been proven again and again useless. A major driver will be people irrational behaviour and, don`t forget, whales will never miss an opportunity to double their millions!
Here are today's technicals: Position should be short (I doubt it will be). Forecasted highs at 1700, mid-way point at 1645, support forming at 1580 and forecasted lows at 1540... Regardless of the technicals - it is really unlikely that price will drop under 1600 and there is A MASSIVE gap between 1600 and 1540! Irrationality + confusing data - I call it a price rise! 🤑 Let's see if we can make today's targets and a nice little profit for everyone reading this 💰
What to do when you are late to the party? ETH volatility!Phew! What a morning! Just look at those numbers! Volatility! 🤑
Now we all are super hyped with recent ETH success to break ATH God knows how many times in the last 48hrs. That is fantastic!
However, if it all stopped there and the price would be stable - we would not be here! Daily traders need volatility.
What's so special about volatility I hear you saying? Surely it should be obvious that we all want to buy low and sell high. So if it is always high... You get the gist.
Here are today's technicals: Position is short. Forecasted highs at 1690 and unlikely to reach 1730. Today's bottomless lows depend on whale activity. Early morning resistance shows at 1567, mid-way point at 1470. Let's rock this boat!
Friday FOMO! How much are you willing to lose?Wednesday and Thursday market disruption continues. The pattern is switching mid-cycle making everyone uncomfortable. Thanks to everyone dropping me messages and sending screenshots of whales spoofing the market with 100-200 BTC bids at a mid-price point. I feel your pain, it does suck.
Friday FOMO is on, position is long. Todays's forecast shows highs of 1410 (unchanged from yesterday) with a new potential high at 1450. The low points show strong stop support at 1292 it bounced of many times in last 24 hours. The lowest forecasted low may be 1243.
Have fun trading!
POTENTIAL TRADE SET UP FOR ETHUSD (LATE UPDATE)PLAN
1. Short ETHUSD from 1206 to 985-908. Take profit at any point you feel is enough there.
2. Wait for a pullback to 1145-1180 price range and get ready for another short targeting 833.
- Once price reaches the 980 price region in the green box , wait for a breakdown.
-If the price rejects the box and closes an hourly above the green box then put stop loss at entry. (Wait for a trade update)
-If it Breaks and continues moving down TP at 850-833 region.
3. Place long orders at the 789-742 region(One scalp order and a positional order )
-Scalping positions should take TP at 988-1000 region.
-Put the positional order's stop loss at entry and wait for the breakout above 1000 targeting the next green box
INFO
- 30-50 % correction during a bull run is normal and healthy for the market.
- Ethereum below $900 is cheap.
- Ethereum on road to $2000
Signing off,
THECRYPTONIZER
ETHUSD after breaking 416,5 BULLISHHey there,
please support this idea with your likes and follow me here on TV!
We got a nice descending trendline coming in here on ETHUSD.
Looking very nice after a break of the line to run first to 416,5
and after that a break towards the 440 range again.
Fib and target of the channel and fibonacci retracement approximately 426!
Cheers,
Konrad
Rising wedge on ETHUSD scalpAs you can see rising wedge is a way to identify consolidation, which is the visual representation of indecision. We also know that this indecision often occurs after a sharp , extended move up or down. However, the real benefit of these patterns is not so much the consolidation itself, but rather the price action that follows.
When this happens, we can essentially treat it similar to the Forex breakout strategy. This means that we’re watching for a break of support or resistance with the intent of trading in the direction of the break.
Trade:
ETHUSD
Short entry: 391-393
Stop (invalidation): 397
Profit target: 370
Risk/Reward: 4:1
Disclaimer: Leveraged trading in cryptocurrency on margin carries significant risk and may not be suitable for all investors. Be advised, you should carefully consider whether trading is appropriate for you based on your personal circumstances. Trading involves risk. None of the information presented here should be interpreted as financial, trading or any other advice.
ETHUSD - short - 10% gain posibilityETH is slowly coming to resistance 200 and there it will go strong down or it will brack up.
My opinion is that it will go down because it is long time in a bear flag. But never know. If BTC makes move up to 8.2K that will EHT all so move up.
ethusd shorts need to look at their own chart its bearish $btcDisclosure: bullish on bitcoin, xrp, ethusd there is a bearish flag in place, but hasn't reached the apex, imho I'm looking for this to breakdown by Mid june, a month after bitcoin halving conclusion. Just chart deserves a short, not the actually Ethusd, bitcoin or any other alts imho. Please do your own due diligence.
Next ETH/USD bottom around April 8thDowntrend is .9 times the length of the previous uptrend
Puts next ETH bottom around April 8th
ETHUSD,trade managementwe went long in ETH @ 160 $
You can see how accurate was our entry level and it was with low risk and high probablity.
.For now because of some static resistance we expect some days of sideways but after that we probably have another long entry.you may follow us for that entry in ETH.We also trade GOLD and forex and regularly update theire chart.
We do not give any seggusttion for buy or sell and you are responsible for your decision.
Ethereum - situation for buy 22.01.2019Hello friends!
In general, the price correction model has been refined.
At the moment, we expect a short local decline in the framework of the impulse wave.
We advise you to consider buying ETHUSD from key support levels.
Good luck to all!
ETHUSD today 21/01/2020Hello guys!
The price of Ethereum completed a local correction.
Our fund expects continued growth as part of the composite momentum.
PERL/BTC (Up to 70% Profit)PERL/BTC
PERL is starting to make a move today, as the price is already trading above 50 Day MA. We can see the green volume is picking up,
and if the price can close above resistance today then there is a high probable upside action is about to happen.
