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ETH Upward Break Update ( 2 Scenarios )This is an update to my last Ethereum Post. I was off a little on exactly when this was going to pop slightly but eventually did have an upward break! Now we are faced with 2 scenarios that could happen. Currently Ethereum is in an Upward Trending Channel on the 4hr chart and has recently tested the bottom of this channel. Scenario 1: Since price has already broken upward testing and failing at that key level I am looking for a strong retest and bounce back on the trend line. This will determine whether it is going to break down or continue up and hopefully have enough power to go straight through this key level if the bulls really step in. Looking back at Ethereum this key level seems to be a huge resistance level... If we can break this I am confident we will go to the Supply level or even the top of this channel! Scenario 2: Since we have already tested and failed this key level, price can go back down into this trend line failing a retest and is a clear bearish sign. Once it does this it is possible for this to break below its support line and break down into the demand zone testing the bottom of this channel once again. I will look for a retest on the support line once it has broken below then enter my trade. As always trade safe and don't risk too much! Wait for confirmation!!!
by USBullsBears
2
ETHUSDT - A lot of levels are waiting for correctionOn the trading chart, I believe that there should be a correction of this price in the range of the golden level Fibo. The correction will be accompanied by a zigzag form of Elliott waves (1-5) In order to open a position - wait for the LFT confirmation I am awaiting confirmation of my decision and plan to open a short position in the range I have shown If you want to know about more specific actions, then look in the description of my profile
Short
by JaegerB
The price of Bitcoin is brewing the next upward trendJudging from the recent trend of Bitcoin, it has been dealing with narrow fluctuations. It seems that the pressure on the top is relatively strong, making it difficult for Bitcoin to break through effectively in the short term, and the long-term ability seems to have been consumed. In fact, from a cyclical point of view, since Bitcoin rose from the 19550 position, many times on the way up, it will make certain retracements or pauses to consolidate the bottom foundation to support Bitcoin to continue to maintain its upward trend.Although Bitcoin has paused recently, the short-term low is constantly rising, and in the process of testing the low, it has not destroyed the upward trend, so the current trend of Bitcoin is still healthy. So overall, for Bitcoin's recent narrow volatility treatment, it is very likely that the next upward trend is brewing, and it is expected to hit the 30,000 position.In the short-term treatment, the lower support is near 27900-28000, and the initial pressure above is at the 29000 integer mark. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Long
by Short-term-king
Good Opportunity:ETH price hits a new high during the yearEthereum, from a technical point of view, the ETH short-term 4-hour market is under pressure below 1850. The market is currently falling below the MA20 moving average to stop the decline, and the low point of the decline is slowly rising. In the short-term, the market has not fallen below the 1740 first-line support. There are signs of successful top-bottom conversion. The daily market closed on March 18th with a long shadow line of negative K, the market is rising again today, currently showing a barefoot positive K, the current daily market has a slight adjustment signal, the daily line pays attention to the support of the 1740 range below, and the market If the entity falls below the high probability, it will drop down to the 1680 line. Overall, the current short-term market is supported by the strong pressure level of the 1740 line before stepping back, the market has formed a top-to-bottom conversion, and the daily line has a slight downward signal. At the same time, the market has already touched the 1800-1900 range. Strong selling pressure level, so the current operating idea is to wait for the market to adjust, mainly to go long at low levels. In addition, if buyers can keep interest rates above US 1700, Ethereum (ETH) may continue to grow in the medium term.In this regard, the rise may continue to the key area of about US 2000. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
BITSTAMP:ETHUSDLong
by Short-term-king
ETH target 1750 above Looking back at the market, after Ethereum tested the 1560 support on the weekend, confirming that the support was effective and quickly rebounded, it is now stabilized above 1600. As we mentioned previously, each round of decline is for a better rising, so we laid out long positions between 1560-1580, and now the profits are quite good. However, from the current market, there is a lack of upward momentum, and the market needs to be adjusted again before a new round of attack can be launched. Therefore, friends with smaller capital can take profits at 1650 first and wait for the market to give them another chance to enter the long positions, so that they can better magnify the profit space. The first target of the long-term layout is 1700, the second is the previous high point 1750, and the stop-loss point pays attention to the breaking of 1560. If the market falls to 1580-1600, it can enter the layout again. In the short term, we look at the adjustment of the market, and in the long term, there is only one direction, that is, bullish. Once again remind, although the long-term layout has a fairly good profit, but at the same time it needs a large amount of capital and a good investment mentality, short-term volatility adjustments should not be too concerned, we only pay attention to whether there has been a change in the overall direction, and at the same time I will continue to update my views on the plate, give the most secure strategy, thank you friends for their attention and likes, if you have any questions, please leave me a message.
Long
by FlashTrades_
2
ETH Buy TradeHere is My Study On Etherium. NExt Month Coming Shanghai Update. It Brings Abit Fomo an We can Touch 2000. This analysis is for informational purposes only and should not be considered financial or investment advice. The information presented in this analysis is based on my own research and is subject to change without notice. The analysis is not a recommendation to buy or sell any specific cryptocurrency, Forex And Stocks. Please conduct your own research and consult with a financial advisor before making any investment decisions."
Long
by MoonTradingForecast
1
ETHRIUM has Enogh With DownTrendHere is My Study on ETH Against Btc. This analysis is for informational purposes only and should not be considered financial or investment advice. The information presented in this analysis is based on my own research and is subject to change without notice. The analysis is not a recommendation to buy or sell any specific cryptocurrency, Forex or Stocks. Please conduct your own research and consult with a financial advisor before making any investment decisions."
Long
by MoonTradingForecast
1