Etheriumusd
Quick Short on ETHUSD. Hello Trenders,
In a calm market trading sideways is quite boring.
In the other hand is exactely there you learn to trade with disipline.
Learn to setup the chart, Analyse, set a target, always a stop limit and stick to your strategy.
If all this is stresful for ya, you are not made for this profession.
Now Eth has broken the bullish triangle and actually is in a smaller bearish triangle. Volume-tend-momentum-volatility are quite low.
Short it in steps of 80 USD then lower your SL time.
Good luck
M.M.M Make Motherfuc.in Money
Be wise: don´t work for the money, make your money work for you.
Double bottom or deeper bottom?Looking at the crazy sell-ff in the Crypto market on the wonderful Sunday.
Since the crypto market easily surged by almost 5x since 1st of January 2021. It was not a surprise that the price has came down. This being said on the hindsight I also did't expected the crypto will destroy around 1 trillion within a few weeks.
But looking at the ETHUSD chart today. I am taking three scenarios into consideration for the next weeks.
Scenario 1 ETHUSD will form double bottom at above USD 1850. The bounce might not getting back to 4.4k as in Q1/2 2021 this year rather more choppy and with a high risk crashing again. Besides that I will waiting for news on the ETH2.0 upgrade and expecting the crypto market slowing down the next month.
Scenario 2 ETHUSD will break the first bottom and fall until around USD 1420, the ATH back in 18th Jan 2018. With has a decent amount of support and volume traded within this area.
Scenario 3 Complete crash below this year's open... but from my point of view the possibility for this event is very very low.
Looking forward for the next weeks to buy or not to buy.
Let me know you opinion and drop some comments below if you feel to.
Best
hooolymoooly
ETH Potential Buying Opportunity Is NearingEven though it seems like ETH doesn't have that much of a % rise up as some other altcoins (400%-600% at most, while some others are waiting for a 1500-2000% gains), it can still be a good buying opportunity as it corrects, especially for a short sellers. We can still expect 400%-600% rise from expected correction point.
As far as how deep this correction could go,... if it manages to brake beneath 0.786 fib. retr. level ($1135) it most likely won't brake beneath 0.618 level ($911), but even if it does, it won't be much deeper and should quickly bounce back up as BTC finishes its corrective move.
I am not a financial advisor so don't buy anything that a say. Wish you all successful investment.
BITSTAMP:ETHUSD
Watch how Etherium's wedge ends!Etherium is in a wedge and the resistance is currently being tested again. This wedge will conclude by tomorrow morning at the very latest. Watch closely - if it makes a clear breakout in either direction, react accordingly!
Always remember that fake-outs exist - it could fall down and quickly recover. Etherium is very bullish overall so a drop down will likely not last long!
Warning! ETHUSDT Next Move Hello, dear subscribers!
Today we are going to consider two possible scenarios for the Ethereum.
Background
The ascending triangle was broken through and the price found the resistance at the $1290 price level. After that the price bounced off this level and broke down the trendline support. The price drop was until the support level of ascending triangle higher band was reached. The next step was the attempt to re-enter above the trendline but there was a rejection. As a result now we have two possible scenarios.
Scenario 1
If the price be able to find support above the resistance line and re-enter above the trendline, we can see a massive price growth.
Scenario 2
This is a negative scenario. If the price break down the support line we can see the price drop to the CPR level, because this is the most powerful support level below the current support.
#ETH/USD Golden Cross: Long Entry +Targets BULLISHHello guys thanks for coming by to this update on ETH. In my last update I said we can break the $200 level soon if the resistance trendline is broken. ETH broke the resistance yesterday.
ETH also seems to be having a Golden cross in this 2 hours chart. It did broke above the resistance trendline and waiting for a retest.
BTC pair seems bullish too which will drive the ETH price higher.
We can enter for a long entry on the retest of the rising wedge.
#ENTRY: $197 TO $205.60
TARGETS:
1. $214
2. $219
3. $226
Stop Loss: $192.
This is setup could be highly profitable if we look at the mid term targets and resistance levels.
Mid term:
Resistance:
$227
$238
$261
Look at the chart and observe how I plot my moves as per the chart.
If you like this idea please hit the like button and share your views in the comment section.
Also share my latest BTC update.
🧙♂️ ETH - STRONG BUY. POTENTIAL TARGET 100% PROFIT IN BTC.Hello everybody! As you can see from this chart we are at the edge of the strong resistance level during 1 year. It was a really tough year for all ALTS... Enough, fucking enough guys!!!😡😡😡
I officially declare that from today the altcoin market will be immediately open! In order for this to happen, all of us brothers need to do one thing! Loudly say out loud the spell of levitation for altcoins - 🧙♂️ALTGARDIUM LEVIOSA! ALTGARDIUM LEVIOSA! ALTGARDIUM LEVIOSA! ALTGARDIUM LEVIOSA! ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!ALTGARDIUM LEVIOSA!🧙♂️
LETS DO IT TOGETHER, BROTHER! 💪💪💪
GIMME YOUR LIKE TO SPREAD THIS, BUDDY!
AMEN!
The odds are against Ethereum...Hi, Traders ! Monfex is on the air !
Ethereum had a failed attempt to recover above 21EMA in the near term, hence falling down once again.
* After an unsuccessful attempt to recover and break higher $180, Ethereum price was called upon to retreat to $170 level.
* Indeed, the resistance at $180 appears fairly strong since several technical barriers at once reside at this level. Namely: 21 EMA, minor horizontal support from the local lows, the edge of the descending trendline.
* Since the price has already tested $170 level, it could try to test down the other round-number levels: $160 and even $150.
* The key Support is located inside $150 - $160 area, while there are minor support levels at $172 and $165.
* Overall, we think that we are in the middle of the downside motion and soon we could see at least $160.
Short trade signal is active
Sell @ $172.
Target: $155.
Stop-loss: $177.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.