ETH Is Dangerously Close to Support! What's Gonna Happen Next?For this week’s analysis, we will stick to the 4-hour time frame to analyze this week's price action in detail!
With Bitcoin not being able to break out from the resistance at $20,000, ETH has also continued to trade sideways. The price of ETH has been ranging between $1,400 and $1,280. Given that it is now trading dangerously close to the support level of about $1,280, a collapse could be seen if the support level is broken.
If Ethereum falls below the $1,280 mark, it will find support again at around $1,000. In other words, if the price closes below $1,280 during the next four hours, expect a sharp decline to $1,000. If the demand zone is respected, a short-term relief rally to $1,400 might also be observed.
At the moment, traders should hold off from taking any positions until either side of the zone is taken out and a clear direction is seen. If the resistance at $1,400 is taken out, expect a strong move toward the next supply zone at $1,530. However, until support from the greater market is seen, traders should not expect any significant rallies in ETH.
The important price levels for this week are $1,400 and $1,280!
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Ether
Etherium - accumulation continues.Locally, after withdrawal of liquidity from the lower boundary of the range, the price continues to move in a flat.
On this situation I can say that they lure the shorts for further movement at the expense of stop losses.
I consider the opening of a long position.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Buying Ethereum on dips.Ethereum - Expiry tomorrow 8am uk time - We look to Buy at 1266 (stop at 1239)
Support is located at 1260 and should stem dips to this area.
We look to buy dips.
We look for a temporary move lower.
Our profit targets will be 1336 and 1366
Resistance: 1340 / 1380 / 1400
Support: 1280 / 1260 / 1220
Disclaimer – Saxo Bank Group.
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Ethereum Analyze (Short term,10/15/2022))!!!Ethereum is running in a support zone where we can find the end of wave C in there.
I expect Ethereum can go up at least to trend line.
Ethereum Analyze ( ETHUSDT ) Timeframe 15min⏰(Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ETHUSD - will it bottom in 90 days?I guess that ether will build an inverse head & shoulders pattern in its bottoming process with the lower head happening in early 2023 - somewhere in the range of 677 and 725. The right shoulder will be complete by the summer of 2023, and a new bull market will begin by the fall of 2023. This should align with the macro environment as rate hikes should slow and gives time for the fed to pivot and begin pulling the economy out of recession with inflation and the war calming down.
Ethereum Analyze (Symmetrical Triangle,10/07/2022))!!!Ethereum was able to make a Symmetrical Triangle.
I expect Ethereum to go down at least to the lower line of the triangle.
Ethereum Analyze ( ETHUSDT ) Timeframe 4H⏰(Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ETH - buyers already dominate, sales have weakened.At the end of this accumulation we can see how purchases dominate sales. Most of the sales are locally bought out and buyers have the strength and desire to accumulate another position at a bargain price. The local decrease in volumes shows a decrease in the number of sellers.
In case of successful resumption of purchases we can observe the emergence of a local uptrend.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Etherium - the price goes to test the buyer.Strong players hold the price inside the trading range. After the approach to the upper boundary we see a pullback, on the approach the chart shows a weak resumption of buying. This situation tells us about a possible test of buying at more favorable prices.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
ETH declining, next stop 1kETH is sideway in the 1k2 1k4 box for nearly a month now. Also its follow a triangle pattern and we will see the end of this real soon.
Breakout of either way might be a trigger for more accurate decision. But my thought right now are SHORT with a much higher R/R ratio.
Entry: 138x
Sl: 150x
Tp: 100x
ETHUSD - Strong BottomETHUSD is currently within a down channel
Price I expect is yet to be rejected again, and move further down to hit the strong bottom at the middle or top of a horizontal channel I have placed
I have attached a price label to points where I expect a potential reversal for ETH
Hourly Chart
Ethereum chasing Squiggly line since 9/29 More DOWN after Up ???Well i know that many are looking to sound the alarms for the next BULL to begin and already calling this the bottom. I've looked over BOTH sides of this idea. IMO i think that the few things looking positive are just enough to finish this play out and get us back up into the $1400-$1500 ranges, maybe even a spike over $1500. However, i do not think the masterminds of the global cabal are finished milking you for all they can and taking back all $ invested over the last few years. They didn't print it for you. They put it out there for themselves to take back later. Kinda like playing pool for wages and rent $ with your uncle who you can never beat. But once your broke and he no longer owes rent for a few months, he then begins loaning you $ so you can keep PLAYING (i.e., paying) ...
Don't be fooled, maybe nibble here and there if you don't want to get left with FOMO and think I'm wrong (which I could be), and or you're buying for a longer time frame like selling in months or years vs looking for profits in days or weeks.
I think we see another leg up on the Stock market as we get another pullback on the #Dxy and maybe even a few other places. However, I feel these changes will be SHORT lived and really just nice shirt setups for the Bears.
Believe me when i say i don't want to be anything other than Bullish, so when I'm saying exercise CAUTION, please do. Financial freedom will take more than risk appetite to get it done. You will also have to learn to balance self-preservation of your wealth. At times that may even mean selling for a loss only to buy back deeper on your conviction and or taking small enough positions you know you can DCA easily enough should we go SOUTH for the winter.
Ethereum Analyze (Short term/Timeframe 15min,10/04/2022))!!!⏰Ethereum completed wave 5 at PRZ (Price Reversal Zone).
I expect Ethereum will go down to the 🎯target🎯 I specified in my chart.
Ethereum Analyze ( ETHUSDT ) Timeframe 15min⏰(Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Etherium - a flat movement is a sign of accumulation. A flat market phase continues for the instrument. This phase can be regarded as accumulation. But the strong buyer does not prevail yet and thus the price continues to trade in the rand, the seller does not allow to break through the upper boundary. If the instrument is not bought from the lower boundary of the range, namely at 1234.86, further price decrease with the accumulation at more favorable prices is possible.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.