Our trade setup on ETHWe are searching for a good short entry for ETH. We believe that there is another impulse down to at least 200 and we have 2 selling zones marked on the chart. If the pivot from 277 doesn't hold we will have a good buying opportunity at 269 (0.65). If one of these pivots holds we will sell/tp between 330-340 and 365-370. So our main trade is the SHORT but if ETH falls to 269 first we will buy it and use a very tight stop loss.
Ethereumusdt
ETHUSDT - Strong Bounce Against BTCEthereum has seen an exceptionally strong bounce against BTC after days of falling. It's also at the bottom of its trend channel with USDT and showing a potential reversal candlestick on the daily chart. We will use this opportunity to enter with a small amount of capital.
Target 1: 476
Target 2: 489
Target 3: 508
Target 4: 526
Stoploss: Hourly close below 235
Ethereum/Tether elliot wave count june 18 Hello
it took me a while to understand the elliot wave logic behind this messy ethereum scenario but i think i finally got a reasonable outcome with my chart study.
As u can see in my elliot count i strongly believe that a big bear wave is about to hit, i will keep a close eye with the extension 0.61 and 1 fibonacci which i think is where the price will eventually try to reverse, i also indicated the in green the confluence zone and they basically fit my elliot wave count
As always i try to keep it easy as possible and i remind you all that this is not a financial advise, but my honest ideas about the ethereum trending
Kiss
BlacKouTraZ