Etherium - Looking for a weekly close above $3315.Etherium - Looking for a weekly close above $3315.
We could be looking at $2400-2500 if we don't succeed.
Etherium
ETHUSD UpdateThe outlook is unchanged since the last update. The trend is down yet wave B appears to be incomplete. We will not speculate at this point about possible shapes (frankly it can be anything). Once the shape is more definite we will update the outlook.
Megaphone pattern ethusdt 15m Chart bullish i Found a Megaphone pattern ETHUSDT 15m Chart
read detail about Megaphone Pattern
A megaphone pattern is a pattern that consists of a minimum of two higher highs and two lower lows. The pattern is generally formed when the market is highly volatile in nature and traders are not confident about the market direction. Normally this pattern is visible when the market is at its top or bottom. The greater the time frame is better the pattern will work.
Megaphone pattern is a pattern that consists of minimum ofo higher highs and two lower lows.
The pattern is generally formed when the market is highly volatile in nature and traders are not confident about the market direction.
Megaphone pattern is known to give multiple trading opportunities to the trader.
This pattern also can be traded when it fails but is necessary to identify the failure perfectly.
Sometimes only pattern is not enough to take best trading decisions you may need multiple indicators to identify better entry and exit points
ETHBTC AnalysisETHBTC chart shows that after a long downtrend, it was able to break its downtrend line in the second half of January 2020. It is currently moving in its long-term uptrend. ETHBTC has not been spared in the recent fall and has undergone a sharp correction, which has seen the price below 3,000 theter.
The ETHBTC is currently near its uptrend line. It is expected to move upwards by hitting this upward trend line. A return from the 0.071 price area, where both static and dynamic support is located, is likely.
Now, if this support is lost and the uptrend line is broken down, the price trend will be down. Upcoming supports include:
0.071
0,065
0,060
If moving upwards, the resistance ahead are:
0.079
0.083
0.088
Future Long On Etherium With $1000 BalanceI take Etherium for 1 week to implement weekly strategies by investing $31 on the entry price of $3100 and use 100 leverage, Qty is 1 Eth, If I get the profit of just $200 before or till week I will left the market with Smart profit.
ETHEUR Idea H1Here is my view for ETHEUR on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETHEUR Price H4Here is my view for ETHEUR on H4. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Etherium Price H4here is my view for ETHUSD on H4. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETH Price (ETHEUR) M30Here is my view for ETHEUR on M30. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
$2700 Etherium incoming according to this specific pattern.Hello all. Here is a quick Saturday morning market update on the Etherium price and where it is heading.
Looking at ETH on the daily chart, we see that we have fell below the 200 EMA and also broke bearish from the descending wedge.
In my previous Eth update we predicted that Eth can fall to $3200 level which is already confirmed and as we are currently trading below this price. The drop is not over yet and here is my predicted target:
If we extrapolate a measured move for this descending wedge pattern and align it with the breakout point, we get a price target sitting at around $2650-$2700.
One important indicator that also confirms this price target is the fibonacci retracement tool. The fib golden pocket also sits exactly at $2650-$2700.
The long white support line which corresponds with the fib golden pocket and our measured move target also corresponds with the $2650-$2700 target. (Image listed below in the comment section).
Based on these analysis I believe that Etherium is due to another 15% drop, maybe this weekend. I hope and believe that $2700 level is a strong psychological level and that Etherium will find support at this level.
I recommend not to fomo in and wait for Etherium to bottom out first.
Thanks for reading, and stay tuned. Enjoy.
Check out this educational material on Left Brain and Right Brain trading and how it applies to trading:
Polkadot or Etherium?Straight to the point. In my opinion DOT will be a better performer than ETH this year.
As we can see DOT/ETH is in a falling wedge pattern with the price trending toward the upper line of resistance. A clean break would mean we are heading at a minimum back to the upper levels at around .025 but I believe we could really see much higher prices.
The 1.618 fib level is not out of the question in my opinion. This would put it's USD price at $183 if ETH is at a $5k price tag.
BITCOIN Analysison weekly timeframe
Price is forming higher highs
while macd is forming lower highs
also head and shoulders pattern is forming
if weekly candle close below neckline of the H&S pattern, price may drop to the lower support.
Crypto to zero?? ETH to $235I have been studying the charts and there is a harmonious TA that results in return to the break out point of ETH in Dec 2020 on its initial rally,
I used the weekly rsi which has broken a year long trend and may return to bottom. This resulted in the sharp fall of ETH price in 2008 to a percentage of 94% approx.
I hope we see a bounce and we can continue but this seems highly possible to me.
$4600 ETHERIUM is coming soonWe reached the bottom. The triple divergence on the daily time frame has been formed.
We will reach $4600 by the end of January.
Peace out!
ETH Price EUR H4Here is my view for ETHEUR on H4. Strong sell ptential. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETH/USDT UPDATE! BEAR FLAG!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH/USDT update. ETH looks bearish to me as of now. It's currently trading inside a bear flag structure. If this pattern plays out perfectly then we see a 10-12% drop in the price of ETH.
Currently, it's trading above $3800 and I'm expecting a drop from here. I'm expecting ETH can drop up to $3300-$3400 from here and after that drop we might see a quick bounce.
If ETH breaks and closes above $3950 then this scenario becomes invalid.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Bitcoin Wyckoff AccumulationA possible wyckoff accumulation is forming on the 2h chart for bitcoin.
Reasoning:
- rsi & btc are diverging (bullish divergence)
- volume is decreasing
- volatility increases in phase B
Let's see how it plays out.
Etherium Euro Idea H1Here is my view for today's ETHEUR on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETH Price H1here is my view for today's Etherium Price ETHUSD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Eth little drop before nice LONG trip Little correct dip down to the support on lower green line then if we see a change in direction around this level to the upside I think we can say we found the start of the big push 2022. If we hit this lower green line I'll be taking me buy trade
Etherium Future Analysis >>> XAY PatternETH/USD makes a sideways movement for long period of time
XAY pattern is likely to be formed, with Price Target on Cluster Fibonacci Area
Price broke the triangle pattern, forming a Bearish Movement
Etherium/USD Signal
SELL STOP >>> 3878.00
SL >>> 3969.00
TP >>> 3675.80
R/R ratio 1:2
Win Rate 55%
-Fibomic International-
BINANCE:ETHUSD
ETH UPDATE-H4- Support at 28k I did TA on H4 chart at a very begging of November and I was a bit shocked and surprised with my outcome.
I can see that after last 2 months my TA still valid and seems steadily heading for 28k major support level. It seems that only after reaching 28k support level , we can aspect trend reversal for a long term.
I wish patience to all for an another month or two.
Like me or hate me, but please, don’t forget to share your insights, TA and comments!
I do wish a very successful trading in 2022 for everyone!!!
