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#ETH/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. ETH UPDATE:-Despite the bullish fundamentals of Ethereum’s merger, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days. At the time of this post, ETH managed to find some support at $1,250, but this level remains fragile. The resistance is not far away at $1,400, and bears will likely come in strong if the price manages to rally to that level. Unfortunately for the bulls, the buy volume is just not there to push the price higher. With the weekend around the corner, the volume will likely drop further, and it’s likely that we will have to wait for Monday for any significant volatility. Looking ahead, ETH seems more likely to remain in a downtrend. Only a clean break above $1,400 could reverse this negative bias. The indicators on the daily timeframe also give a bearish signal, and this is unlikely to change any time soon. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
5
XRPETH continues to rise above a bigger inv h&s necklineAfter reaching the breakout target of a much smaller inverse head and shoulder pattern, the price action on the xrpeth chart has continued to pump and is now sitting above 2 necklines of a much bigger inv h&s pattern. The only resistance it is yet to break above is the yellow horizontal neckline of a double bottom pattern that also doubles as a horizontal channel. Flipping that top yellow horizontal line to solidified support will be the final confirmation we need to know that the inv h&s pattern is going to get validated. There are 2 different breakout targets posted here for the inv h&s pattern. The smaller one is for if the white neckline is more valid and the larger target is for is the turquoise neckline is more valid. I get the feeling both targets will be reached in due time. I will post the chart of the previous idea that showed the smaller inv h&s not shown here down below. *not financial advice*
Long
by DrDovetail
1
Ethereum needs to get back above the brown neckline asap. Ethereum is currently finding support near the bottom of the white descending channel. However, it needs to get back above the brown neckline of the head and shoulders pattern as soon as possible to avoid triggering the breakdown of the head and shoulders which has a target all the way down in the $800s. In order to do so it will essentially need to break upward out of the descending channel within the next few weeks. *not financial advice*
BITSTAMP:ETHUSD
by DrDovetail
#ETHUSDT at Decisive Point.#ETHUSDT is dumping right after the merge. Looking at the chart, ETH is so far trading right above the 100D MA, losing this level could take it to the lower support levels around 1432 and 1251. $1251 is a better demand zone IMO. IF IT GETS THERE I WILL BE HAPPY TO OPEN A DECENT LONG. If you are new to leverage, just avoid it. The volatility in the market over the last few months has been really very tricky, People have lost a lot of funds, I get many DMs about this so better wait for the dust to settle. There always lies another opportunity. Do your own research. This is not financial advice. Do not forget to hit the like button, it helps me to help you. Thank you PEACE
by Cryptorphic
7
ETH/USDT - SHORT----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero. - Today's deal is shown in the chart, and here are the entry and exit points below. -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. -- -------------------------------------------------------
Short
by Mahdicryptodotma-pro
2
ETH major descending triangle ETH / USDT ETH is forming a giant descending triangle and right now Price is testing important key zone of 1300-1250$ What Next ? 1- if bears break 1200$ it’s likely to continue the dump to 1000$-800$ levels and there we have a chance for a double bottom 2- if bulls save current key level .. we will have another minor pump to test 1600$ (major trendline resistance) Before dumping again Important Note : there is no real bull rally below the major trendline (violet color in my chart ) any thing below it is a bear’s territory
Short
by Babenski
25
ETH USDT daily broke support and looking at $1262 support next?ETH daily chart...Of course the Merger happened from "proof of work" to" proof of stake" and so far so good and the blockchain is running great. Im looking for Institutions to begin coming in from now on out. I also see ETH flipping BTC in the coming few years. So take a look at the candle hitting the trendline and it broke down thru support. If it cant move up to and close above$1405 mark, the supports are listed. and looking to drop around $1,262 area The RSI is looking bullish as well... Unless a blackswan event were to happen, i believe we have hit the bottom back where I listed it. Personally if ETH drops under $1k im backing up the truck but i do belive we have bottomed out. but we will see...Ill try and keep this chart updated.
by bylerzone
XRPETH just hit the target of a micro inv h&s breakoutWe can see it has wicked slightly higher than the measured move breakout target. More importantly, in reaching the target of the mini inverse head and shoulders, it has taken price back above the neckline of a larger inverse head and shoulders pattern as well. I anticipate a retracement candle or few to retest the neckline of the larger inverse head and shoulders neckline as support if it can solidify that larger neckline as support we should see XRP continue to make considerable gains against ethereum in the coming weeks and possibly even months. Once we have confirmation that we are likely to validate the breakout of the larger inv h&s pattern I will post another chart that focuses on its measured move. *not financial advice*
by DrDovetail
ETHW (ETH PROOF OF WORK) 4 hr chart, UPDATE!ETHW (ETH PROOF OF WORK) 4 hr chart just looking bat this chart, I see right away Hidden Bullish Divergence...thats where the RSI (RELATIVE STRENGTH INDEX) charts a higher low and the price charts a lower low. Bc its so new and not alot of Data, that what i see right now quickly. Ill keep it updated. I see its still holding $8.00 which is big support this short into the new POW era, the RSI cannot break down beneath the line i have in the sand listed or its going lower.
BITFINEX:ETHWUSD
by bylerzone
ETH daily chart, yes it bounced bullish, check it outETH daily chart...Of course the Merger happened from "proof of work" to" proof of stake" and so far so good and the blockchain is running great. Im looking for Institutions to begin coming in from now on out. I also see ETH flipping BTC in the coming few years. So take a look at the candle hitting the trendline and looking for a bounce up. If it breaks below $1405 mark, the supports are listed. The RSI is looking bullish as well... Unless a blackswan event were to happen, i believe we have hit the bottom back where I listed it. Personally if ETH drops under $1k im backing up the truck but i do belive we have bottomed out. but we will see...Ill try and keep this chart updated.
Long
by bylerzone
3
ETH daily coming down to a HUGE support area, LOOK!ETH daily chart...Of course the Merger happened from "proof of work" to" proof of stake" and so far so good and the blockchain is running great. Im looking for Institutions to begin coming in from now on out. I also see ETH flipping BTC in the coming few years. So take a look at the candle hitting the trendline and looking for a bounce up. If it breaks below $1405 mark, the supports are listed. The RSI is looking bullish as well... Unless a blackswan event were to happen, i believe we have hit the bottom back where I listed it. Personally if ETH drops under $1k im backing up the truck but i do belive we have bottomed out. but we will see...Ill try and keep this chart updated.
Long
by bylerzone
2