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Ethereumforecast

Ethereum Classic (ETC) Sell ZoneEthereum Classic (ETC) Buy Zone -------------------- BIAS Mid-Term : Neutral Long-Term : Bullish Risk : High On 4 hours timeframe, we’re still expecting form out bearish pattern, currently its facing out the mid-term resistance zone. -------------------- $ETC/USDT SHORT SETUP Leverage : x3 - x5 Entry Price : 39 - 41 TP 1 : 37.35 TP 2 : 35.9 TP 3 : 34.4 TP 4 : 32.9 TP 5 : 31.45 TP 6 : 29.45 TP 7 : 28.15 TP 8 : 26.75 Stop Loss : 42.25 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Short
by Zerene
5
ETHEREUM: A PERFECT RETEST OR A DUMP???Welcome members to this update on ETH. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market. Let's get back to the chart. Ethereum made a bold move by breaking out above the trendline but it wasn't enough to trigger the $3k resistance level. If we consider the horizontal resistance level then it is rejection but if we consider the trendlines then it is a retest before the big jump. To get a clear picture of this, we will have to monitor some key areas. 1. ETH is holding strong support at 21 MA which is exactly above the upper trendline. If you followed my previous update (link in the description) then you will know that so far ETH is exactly following the path I analyzed. 2. The only confirmation of whether ETH is bearish or not lies on the current support level. If ETH breaks down below $2.8k then we can expect ETH to reach the bottom trendline. 3. Looking into the positive side, even if ETH bounces back from the current support level, it still needs to break through the $3k resistance level which will be a real challenge for ETH. And once we are through it then $3.2k, $3.4k, and $3.6k will be the levels for ETH. So, $2.8k is an important level to keep an eye on along with the $3k resistance level. Note: This is not financial advice. This update is for educational purposes only. Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible. I will cover more on this until then stay safe and trade well. Thank you.
COINBASE:ETHUSD
by Dexter_The_Trader
6
ETHEREUM BREAKING OUT.Welcome members to this important update on ETH. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market. ETH broke out of the trendline and currently showing some sign of retest. The chart looks good but somehow I am not convinced with this pattern. Things don’t fit into the picture. The chart looks bullish but the RSI is already in the overbought range. Also, we have resistance at $3.04k which will be important for ETH to break. For a moment, if we skip the RSI and focus on the chart then I am expecting a retest here and then an attempt to break above the $3.04k resistance. If this is just a fake-out to trap the noobs then the dump is going to be worse. So, let's keep an eye on the $2.8k to $3k level for now and if you have any leverage trades open then book your profits. If you are facing losses then keep your SL close. Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible. I will cover more on this until then stay safe and trade well. Thank you.
COINBASE:ETHUSD
by Dexter_The_Trader
ETHEREUM: $3K SOON!!!Welcome folks to my new update on ETH. If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market. We are already 10% up from our entry and with 10x leverage, it is 100%. Honestly speaking, ETH has the potential to reach $3000 and above by the end of this weekend. I am expecting ETH to reach the upper resistance trendline soon. This will mean a 25% gain and with 10x leverage 250% which is huge for a short-term gain. I am holding it and I will partially close my positions as it will rally higher. Also, I am gonna accumulate more if ETH shows some sign of retest. The invalidation is still on and now even if ETH drops and hits our SL, still we will be out making profits because of this recent rally. This is how we do strategic trading. I will update you more on this so keep in touch. Do like, comment, and follow. I highly appreciate it. Thank you.
COINBASE:ETHUSDLong
by Dexter_The_Trader
ETHUSDT - Short Term BullishFor the next few days, I am bullish on Ethereum . Here's why: - It's likely that the bottom is around $2400 zone. - As Bitcoin increases, Ethereum reacts near immediately being the first altcoin with the second largest market cap. - Phoenix seems very bullish in the 1D Timeframe: There are reasons thought, why I specifically say "short term". - No clear reversal pattern - Vitalik appearing on TIME stating he needs to fix his broken empire (yikes) Although we can all take a page from his book and commend him for his honesty, this is not what you want to hear from the founder of a project that you are knee-deep in. I suspect that he will implement chances in the medium term that might initially effect the price adversely. This is my expectation for the medium term. Thanks for taking the time, let me know your thoughts.
by BlockTechEv
1
ETH/USDT - Potential 55% SetupHello Traders! ETH has been in a correction phase since December. The sellers' momentum is decreasing, the buyers' activity is still enough to hold the market. The buying impulse, which will create a breakdown of the existing downtrend, can be the driving force for the market reversal. The next trigger will be a price breakout beyond the $3100 resistance level near which the MA100 on the daily timeframe is located. In order to begin purchases, it is necessary to wait for the exit of the price behind the level of $3100 with fixing. A more risky variant is to work from the current price marks. In this case, it is possible to get a good risk/profit ratio. The targets for correction of the downward movement will be the price levels of $3700, $3970, and $4372. Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
COINBASE:ETHUSDLong
by UnknownUnicorn10064030
Ethereum at Trend Line Resistance? Ethereum - Intraday - We look to Sell at 2838 (stop at 2901) Daily signals are bearish. 50 1day EMA is at 2820. Prices expected to stall near trend line resistance. Reverse trend line resistance can be seen at 2840. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Our profit targets will be 2686 and 2616 Resistance: 2880 / 3000 / 3050 Support: 2740 / 2700 / 2600 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
SAXO:ETHUSDShort
by Saxo
1
ETHEREUM IS CLOSE TO THE RESISTANCE.Welcome members to this update on ETH. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market. Let's get back to the chart. ETH rallied as expected and the current price is close to the resistance level. This is the same trendline that ETH failed to breakthrough thrice. Will it be different this time? Well, before jumping to a conclusion let us analyze this chart. In this 6 hours chart, ETH is in the symmetrical triangle pattern, and usually, in this type of pattern, the breakout direction is not fixed. It could break in either direction. If you pay close attention to this chart then you will observe that both the trendline are getting closer which means we are reaching the edge of this triangle pattern. According to my analysis, I believe that ETH should show a retest from this level, pull back towards the $2.4k range, and then bounce back. The reason why I am considering this move is that ETH is already at the upper trendline, and RSI is in the overbought zone. Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible. I will cover more on this in the coming days until then stay safe and trade well. Thank you.
COINBASE:ETHUSDShort
by Dexter_The_Trader
2