ETH/USDT - LONG ETH released a breakout----- 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.
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$ETH
Here we go!
ETH released a breakout & going upwards📈😎
⚡️⚡️ #ETH/USDT ⚡️⚡️
Client: My-ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (5X)
Entry Targets:
1) 1688.45 - 100.0%
Take-Profit Targets:
1) 1765.05 - 20.0%
2) 1826.05 - 20.0%
3) 1930.05 - 20.0%
4) 2092.80 - 20.0%
5) 2257.85 - 20.0%
Trailing Configuration:
Entry: Percentage (0.5%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (2)
Ethereumforecast
My Other ETH Idea/FractalThe other idea & fractal that fits pretty well is this one. In the immediate short term, it would have us retrace into the 1558 demand zone and make a higher low before continuing higher. We would end up in the last fair value gap on the upside that needs to be filled, which also coincides with the macro GP from ATH. You can also take the measured move and it lands right in the same place.
ETH Fib Time/GP/Weekly SupplyETH is currently rejecting at the GP pulled from the August 14th high to our most recent low, which coincides with the weekly supply zone around 1680. At the same time we have a macro fib time pull, marking off Thursday October 27th as a significant date - typically the fib time pulls indicate either a top or a bottom and historically they have fallen on some other critical pivot points in the past. Considering the major resistance that we are currently facing, there is a good chance we will see a retracement from here. I am starting to notice similarities between our current price action and this fractal, which I scaled up to fit. It would also agree with the idea of a retracement from here.
I also have a second scenario in mind, but either way I believe ETH will end up in the macro GP from ATH / last weekly fair value gap up in the 2400-2500 area. I will post the second idea shortly.
Etherium - We see a resumption of buying.Yesterday closed the day with a weak buying bar with a selling tail, which tells us that there is a buyer and that sellers continue to press the price. But the second cryptocurrency's price rebounded 3.5% today (at the time of writing this post). The U.S. non-farm payrolls data is coming out today (forecast
250K), which tells us of increased volatility. In order for the price to continue to rise, we need to remove liquidity, to go for stop loss losses of the longs. Perhaps we will see a spike to the bottom with a quick buyback of the asset. This is my subjective opinion, no matter how it is, but the market is always right.)
If you like the idea, do like it. That's the best "Thanks!" 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.
Please pay attention to the previous idea and feel free to share your opinion in comments.
Etherium - After the release of important news goes to test the As expected, the U.S. Federal Reserve increases the interest rate by 75 basis points (0.75%). It is now at 4%.
On the background of this news we saw increased volatility in the markets.
The buyer failed to reach the local highs and the chart continued to move in the downward channel. Maybe this formation lures the market participants to the short for the further movement at the expense of their stop-losses.
If we do not see a resumption of buying at 1480, we can expect a test of the buyer at these prices: 1) 1360. 2)1220.
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.
The previous idea is still relevant, at any time we can see the resumption of buying.
ETH/USDT - Looking Ahead 🔮$1700-1800 remains an important range for Ethereum.
Having been rejected back in September, if we can't push up and consolidate above, then we might be in for some decent downside.📉
Our overall sentiment on crypto remains the same - that being a decent pump pre & post midterm, then decent leg down end of Q4, into Q1 of 2023. Difficult to time exactly when, however the macro situation doesn't make us bullish at all in the short term. For now, we're still leaning bearish (longer term). 🐻
That being said, if we do nuke down into the $700-900 range, we'll be looking to pickup a decent chunk for long term HODL. 🤝
Eyes peeled today with the FOMC. 👀
Cheers.
-Tuccinomics
Chief Overlord, AlgoBuddy
ETH Daily TA Neutral BearishETHUSD daily guidance neutral with a bearish bias. Recommended ratio: 40% ETH, 60% Cash.
* FOMC WATCH . Cryptos are mixed with some altcoins up but most large-caps down. Equities, Equity Futures, JPYUSD, CNYUSD, GBPUSD, EURUSD, Gold and Oil are also down. DXY, US Treasuries, Agriculture, Nat Gas and VIX are up. Both Apple and Microsoft's top and bottom beat didn't do much to quell the selling pressure leading up to the upcoming FOMC meeting. Speculators are still betting on a 75bps rate hike, but given the still high inflation numbers and retail data it wouldn't be all too surprising to see a 100bps hike. Russia's recent move to pause the grain deal with Ukraine and the upcoming European winter are likely to both keep pressuring inflation. Key Upcoming Dates: 2nd GDPNow US Q4 GDP estimate 11/ 01; FOMC Statement at 2pm EST 11/02; October Employment Situation at 830am (EST) 11/04; 2nd Estimate of US Q3 GDP at 830am (EST) 11/30.*
Price is currently trending down at ~$1560 after forming a soft-peak just below the 100MA which coincides with $1711 minor resistance and the upper trendline of the descending channel from November 2021; the next support is at $1427. Volume is currently High (low) and on track to favor sellers for a second consecutive session if it can close today's session in the red. Parabolic SAR flips bearish at the 50MA (~$1365), this margin is mildly bearish at the moment. RSI is currently trending down and testing 63.17 minor support with no signs of trough formation. Stochastic remains bearish after defying a bullish crossover and is currently trending down at 87 as it approaches 81 support. MACD is currently trending up slightly at 63.76 as it's beginning to form a soft peak, it's still technically testing 28 resistance. ADX is currently trending up slightly at 31 as Price pushes higher, this is mildly bullish at the moment.
If Price is able to bounce here then it will likely retest the 100MA + the upper trendline of the descending channel from November 2021 at ~$1711 minor resistance before potentially breaking out of the descending channel. However, if Price continues down here, it'll likely retest $1427 support before potentially retesting the 50MA + the uptrend line from 06/18/22 as support at ~$1375. Mental Stop Loss: (two consecutive closes above) $1711.
ETH/USDT - LONG SCALPING-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ ETH/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Long)
Leverage: Isolated (5.0X)
Entry Orders:
1) 1609.65 - 100.0% (344.7864 USDT)
Take-Profit Orders:
1) 1633.5 - 65.0%
2) 1649.7 - 25.0%
3) 1723.75 - 9.998%
Stop-loss Orders:
1) 1574.55 - 100.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
Etherium is a successful exit from accumulation.At the moment sales are not visible, we move to the local targets. Correction 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.
In this idea this movement was predicted.
ETH is strong, but it’s the trap!Hello, everyone!
As usual we can notice that the Ethereum is stronger than Bitcoin during the pumps on this bear market. You already know my global target for ETH, it’s $500. Now ETH makes the traders greedy and stimulates to buy the asset with rapidly increasing price. Of course it’s a mistake and Ethereum will dump more than the Bitcoin.
Let’s take a look at the 4h timeframe of the ETHUSDT chart of the WhiteBit exchange. The price is forming the Elliott waves structure, but a little bit different as on the Bitcoin. For ETH the price have also reached the 0.61 Fibonacci level in wave 2, but wave 3 is extended and reached the 2.61 Fibonacci extension. It means that now it’s correction time in wave 4 to the 0.38 Fibonacci (~$1500). The wave is gonna be shortened because of extended wave 3. I think that the maximum for Ethereum in this rally will be no higher than $1700. When we will see the proper setup we can short it because the potential dump is huge.
Best regards, Ivan
ETHUSDT ETH support levels: 1483 & 1428
ETH resistance levels: 1528 & 1563
Trade according to our update. Do risk management
Analysis:
ETH trade on 1507$ . The global crypto market cap is $982.09B, a 2.11% decrease over the last day.Read Less
The total crypto market volume over the last 24 hours is $87.84B, which makes a 15.01% decrease. The total volume in DeFi is currently $3.98B, 4.53% of the total crypto market 24-hour volume. The volume of all stable coins is now $80.16B, which is 91.26% of the total crypto market 24-hour volume.
Bitcoin’s dominance is currently 39.64%, a decrease of 0.06% over the day.
ETH dominance 18.8%
Ethereum, do we finally have a new uptrend? Hi, and welcome to Thursday's update. Today's video analysis looks at Ethereum on the daily chart. I wanted to do this report yesterday, but I wanted to give the market some more time to prove that this latest move higher really had some legs to it.
Buyers confirmed Tuesday's rally with a follow-up, which is a good sign. We are focusing on ETH, but this week's breakouts can be seen across the boards, which is another good sign that there's plenty of demand in the crypto world right now.
In today's analysis, we have broken down the breakout, future levels that could present new resistance and what we want to see from price moving forward to give this new leg higher further credibility.
If we see a new lower move that returns to the range base at 1270, we would start to think it could be a false break. We want to see a new higher low above 1370 with a higher high to show that buyers are on to something here.
Good trading.
We do like to hear from you, so please feel free to drop us a comment. We also run weekly webinars with guest analysts.
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And to our newsletter to stay up to date. www.eightcap.com
ETH/USDT - LONG----- 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. --
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⚡️⚡️ ETH/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Isolated (5.0X)
Entry Orders:
1) 1305.59 - 100.0% (249.0279 USDT)
Take-Profit Orders:
1) 1335.89 - 75.0%
2) 1372.85 - 20.0%
3) 1551.8 - 5.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
ETHEREUM ETH price potential for growth near 40%The ETHUSDT price is behaving quite technically.
During the last month of trading, Ethereum buyers did not allow the price to fall below $1250 while retesting the strong liquidity zone from above.
This is a good signal of serious intentions and strength of buyers, and accordingly, a signal of possible future growth.
Today, ETHUSD broke through the first local trend line and is trying to consolidate above it.
A set of ETHUSDT longs from $1400-1450 is now justified and looks safer.
The potential for growth is in the area of $2000-2100. In our opinion, it will be difficult for Ether price to break above $2000-2100 the first time.
After all, $2000-2100 is a strong liquidity zone, which in 2021 has repeatedly acted as support, and in 2022 - as resistance from above. There is also a trend line in this range, which is the main resistance of sellers and indicates a downtrend for a year since November 2021.
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IS ETH GETTING READY FOR SOMETHING BIG?Hello trader, today I gonna share with you an important chart on ETH. This may sound crazy but it seems like ETH is planning something big, maybe a new all time high by next year April.
Timeframe: 1 week.
Update: ETH has been under the radar to start its bullish rally ever since we saw the drop toward $880. It stayed strong at the support trendline and managed to bounce back after the drop but it wasn't convincing enough. This time ETH is making another attempt to give a kick-start. What makes this chart more convincing is the RSI and the breakout above the 21 MA. If this move is for real then this could be the last time we will see ETH at this price range before it makes a big jump. On the other hand, if ETH breaks down and closes below the support line then we will enter the bearish mode once again.
I know this seems so convincing but I would suggest not relying on one aspect of the market. I am just a TA guy sharing my thoughts and ideas. The best option is to do some research on it and then spend your money wisely. I hope this idea was helpful.
I will see you guys in my next update.
ethereum bear flag short to $755macro factors:
federal reserve quantitative tightening
money being sucked out of most markets
technical factors:
being supported on a grind line with each bounce being sold off more and more aggressively.
this confluences with the price action we see on many different alt coins, ADA especially which broke its descending triangle to the downside.
technical target: USD 755
stop loss : USD 1347
good luck and namaste
ETH Daily TA Neutral BullishETHUSD daily guidance is neutral with a *bullshit* bias. Recommended ratio: 60% ETH, 40% Cash.
* SUNDAY SCARIES WATCH . Russia has been notifying all Russian citizens in Kherson (Ukraine) to evacuate immediately due to the threat of impending "terrorist attacks" by Ukrainians . A few weeks ago, Putin announced that Russia officially recognizes Kherson and three other territories in Ukraine as annexed territories of Russia. This is yet another example of Russian war engineering to justify a continued and intentional escalation of the types of attacks they launch on Ukraine. The Chinese Communist Party has concluded their twice-a-decade Congress and reshuffled their Politburo and central committee to feature more Xi loyalists in preparation for his third consecutive five-year presidency . Speculators view this reshuffling as a signal that China is readying to formally attack Taiwan in the coming months. Through a war games lens, two full scale wars in different parts of the world would diminish the magnitude of a counteroffensive by the US and NATO, something military strategists on all sides are likely aware of. Key Upcoming Dates: S&P US October Manufacturing PMI at 945am EST 10/24; US October Consumer Confidence Index at 10am EST 10/25; US September New Home Sales at 10am EST 10/26; 20th and Final GDPNow US Q3 GDP estimate 10/26; US Q3 GDP First Estimate at 830am EST 10/27; US September PCE Price Index at 8am 10/28; FOMC Statement at 2pm EST 11/02.*
Price is currently trending up at ~$1310 as it continues to trend sideways along $1270 support for what is now thirty three consecutive sessions. Volume is currently Low (moderate) and on track to favor buyers for a second consecutive session if it can close today's session in the green. Parabolic SAR flips bullish just below the 50 MA ($1408) at $1355, this margin is bullish at the moment. RSI is currently trending up at 46.5 as it approaches the upper trendline of the Symmetrical Triangle from February 2020 at ~52 as resistance. Stochastic crossed over bullish in today's session and is currently trending up at 63 as it continues to test 46.76 support. MACD remains bullish and is currently trending up slightly at -19, the next resistance is at 28. ADX is currently trending down slightly at 29 as Price continues to trend sideways, this is neutral at the moment.
If Price is able to push higher here then it will likely retest the 50 MA at ~$1400 as resistance which is just below $1427 resistance . However, if Price breaks down here, it will likely retest $1270 minor support before potentially heading lower to $1k minor support . Mental Stop Loss: (one close below) $1269.54.
ETHUSDTETHUSDT support is $1270 & $1220 is strong support (it means here buyers available)
ETHUSDT Resistance levels: $1340 & $1380 is strong resistance (it means here seller available)
We updated you about ETHUSDT so trade carefully with money management.
Analysis:
ETHUSDT daily candle close at 1300$ which is 15$ greater then yesterday daily candle. The price change of ETHUSDT 6.14$ in last 24 hours. The high it ETH is $1305 & low was 1260 in last 24 hours. ETH dominance is 17.30% . So trade carefully
Keep support with your likes, share and comment thank you
Max Pain Approaches, But How Low Can We Go?As stated in my last Chart a few months back, we are finally approaching the 2-week 100 Simple moving average. This moving average has historically acted as a magnet & major support for the market for the last 5 years. It would make logical sense that we see the same thing happen again. I see many calling for a $12K bottom, which is entirely possible, but we'll see if this 100SMA can continue to act as major support for the crypto markets again. Remember... Stay level-headed, be logical, and don't follow the crowd.