Ethereumshort
ETH, triangle or ABC?Hi guys, although this is getting boring, at the same time the price has printed the way that we are going to follow soon, so you can be quiet just by placing yourself correctly in the market. Many think that we are leaving the bear territory and mooning just because alts did a very good performance in the last couple of months, but how many time have we seen it? Don´t play fundamentals, it doesn´t work well on cryptos, at least not until we have a massive adoption of Bitcoin.
In order to have an impulsive wave from 15 December, we shouldn´t have such corrections almost hitting 78.6 fibo retrace. When that happens, there is only 2 things that can play out, a big ABC correction or a triangle correction. We don´t know yet wether is one thing or the other until a whale come and move the market again. That will happen most probably on Monday/Tuesday, since I expect a boring weekend, so once the whale move the price just a bit we will know what´s next.
Then, what you should do now? If you see my charts, either we finish a big C and we go to around $170-180 territory or we go down from now, so the most practical thing to do is entering short 50% here and place a few orders completing another 50% from 170 to 180. When I mean 50% is not 50% of your capital, is 50% of what you trade for 1 position, let´s say if you trade 5% your capital in 1 position, place 2.5% here and 2.5% divided between 170 and 180.
I will update frequently this idea since after this correction up we may start to see a huge market decline bringing us to new yearly lows.
eth-usdt Potential PROFIT on SHORT TERMShort term profit on ETH-USDT. Its gonna go over 150.0 in no more than 2-3 days maximum. Wait for the opportunity and buy around 142-143. Let me know if you consider that any other indicators shows the opposite and i will take them in consideration for the next analyse.
Wish you best regards and better profits!
Ethereum (ETHUSD) Looks like a correction down is coming.My first neutral idea.
ETHBTC looks like it may need a significant correction soon, so this lowers the gain ETHUSD will likely have if BTC pumps. So you should be better off with a BTC long if you are bullish instead. There is also a bearish rising wedge pattern on the chart. The ETHBTC rising wedge has already broken down.
ETH does have a 0.99 correlation with BTC, so it will still hit higher highs if BTC does, but ETHBTC might not.
Here is the ETHBTC chart & my prediction. It is just a wild guess.
Thanks for viewing!
ETH/USD to hit $113 soon?ETH has been dropping in value significantly in the past few months.
ETH overall trend is bearish with condensing volatility in its pattern. This is a strong sign for a major move...either bullish or bearish.
Based on my analysis, I predict a hard drop from the red line, validating the pattern. Your stop loss should be at the green line (or slightly above it).
Based on my approach, if ETH validates the pattern, I would take approx. 60% profit at "INT 2" and the rest at the main target.
The secret is to be patient. With low volatility is anticipation for a big move. Have your orders ready!
I could be wrong and if you think so, please leave a comment below explaining why you think on the contrary to me!
Thanks and I hope this helped!
Ethereum (ETH) Looks bullish. Possible 228 target.My last two trades closed for 13% profit and -3% loss. You may view them in the related ideas section.
Ethereum has pumped up along with Bitcoin after touching support twice.
Right now we are testing 225 resistance on Ethereum, but if we break through, it is very possible to hit 228 or rally even higher.
Therefore, we may long Ethereum now at the price of 224.
Buy:
224 USD
220 USD
Stop Loss:
214.5 USD
Take Profit:
228 USD
235 USD
Ethereum may fail to break resistance and return to the 220 area. If that happens, exit your position if a bear fractal has been broken.
If that happens, you may short as we will likely be heading lower.
There is also a very good short opportunity here if you wish to take it. Simply short now on an alternate account and have a stop above the bull fractal. If it fails, you lose 0.42% at most.
I am still standing by my 6900 target for Bitcoin.
Ethereum continues to show weakness!Ethereum bounced from the demand zone twice forming a tweezer bottom BUT was unable to close above the EMAs, which does not bode well for bulls. The support level near the channel bottom and FIB seems to be holding so far but signs of resistance are creeping in.
MACD signal line is trying to crossover bullish and histo has just now turned gree, however, RSI broke down from support and has rejected resistance twice and seems to be heading back down to lower support.
The next few hours will show us where Bitcoin wants to go, which will dictate the rest of the market's movement.
Thanks guys
(ETH) Ether Wants to push up higher. 230+ target. Short/Long. Last trade I have set up a long/short trade that made me 3% despite the 1% loss when my long position flipped short. Ethereum has hit my exact short target.
Ethereum has been struggling against the 212.80 resistance for a while. Right now we have an inverse head and shoulders pattern on the smaller timeframe so it is a good place to long. Have a stop below the low of the bear fractal.
I have posted this as Ethereum has broke the bull fractal so we can long after a retracement.
This is the inverse head and shoulders pattern that broke the bull fractal.
Long
212 (most bullish scenario)
Take profit:
219 for 5% profit
Stop Loss:
205 manual
202.5 auto
Alternatively, if Etherum breaks 206 for good (not a wick) you may short with a target at 193.
Short:
206 USD
Take profit:
Sub 200 USD
Stop Loss:
Above high of bull fractal.
Thanks for viewing! I am hoping Bitcoin can hold and hit my original 6900 target. So far we are hovering on yet another Bitfinex buy wall.
Ethereum (ETH) High chance of testing 215 if conditions are met.This idea is a little bit different, and will be looking at the smaller timeframes. So far Ethereum seems to be weakening and failed to push higher. I can see it drop around 3%, which would make it a good scalp. Currently waiting for confirmation.
On the 5 min timeframe, Ethereum dropped below the cloud following a bearish TK cross and now has successfully tested resistance. If we fail to break through and get another William Fractal, it is a short signal.
Short:
221 USD
Take Profit:
215 USD
Stop loss:
If we push above 222 and trade within it for some time, get out. Alternatively, you may set a stop at 224.
Thanks for viewing! I appreciate all the comments and reply instantly.
ETH moments of truthETH finally bounced. It is in a good upward channel. As the 4H closes it is wicking up into ichi resistance and struggling to hold $226+. Gut feeling is it wont break. This run up seems a little weak. A short with a tight stop loss ~$230 could net nice profits. If it breaks and is able to hold during the next 4H we could see decent gains. Best of luck trading.
$87 Ethereum - Head and shoulders confirmedAnything can happen with ETH but this is pretty apparent. Wish I seen it earlier but I wasn't really looking for it. I've been so busy charting BTC and I don't hold much Ethereum. If it does get this low, hopefully it bounces back quickly. I am no guru, please get several opinions before making choices on chart predictions.
Share your thoughts.
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