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Ethereumusd

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 under triangle's supportEthereum also recovered some losses since late January, but, unlike Bitcoin, the last leg up just touched 3k, around 8% lower than the first, giving us an indication that the coin is weak. Looking at the chart we can see that a symmetrical triangle has formed and now the price is under rising trend line support. Triangles are continuation patterns and the target for Ethereum is 1700 which is in line with a very important horizontal support. EthUsd back above 2800 would put a pause in this scenario.
COINBASE:ETHUSDShort
by Mihai_Iacob
3
ETHEREUM: MOST LIKELY SCENARIO.Welcome folks to my new update on ETH. To analyze Ethereum, I am gonna use a higher time frame (8hours). 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. Anyways, let's get back to the chart. The current scenario of the entire market is bearish for the short term. You can clearly see in the chart that ETH failed to even touch the upper trendline (resistance) and for the last 48 hours +, ETH was falling from the edge. I am expecting ETH to drop towards the lower trendline which is at $2.4k or close to it and then bounce back heavily. I would love to enter on ETH between $2.4k to $2.5k only if we see a bounce coming in. Note: A drop below the $2.4k support level will be a disaster for ETH cause if it breaks then we may possibly see ETH at $2k. What do you guys think about ETH? Do you think ETH will bounce back soon or it will keep on rejecting? Let me know your ideas in the comment box. I will be more than happy to know your opinion. Trade safely, guys. I will see you in my next update. Thank you.
COINBASE:ETHUSDLong
by Dexter_The_Trader