Ethreumidea
Ethereum Bullish Flag: A High-Potential Setup! Hi, traders. I’ve just taken this trade on Ethereum as I’m spotting a clear Bullish Flag pattern on the 1-hour timeframe. After a strong drop, the price started consolidating within this channel, respecting the trendlines.
My entry is at $2,620, anticipating a breakout to the upside. My initial target is around $2,932, which aligns with a key resistance level, and my stop loss is set at $2,598, just below the support zone, where the pattern would be invalidated.
The RSI is also supporting this setup, sitting around 40, indicating there’s still room for an upward move if the breakout happens.
Will this scenario play out? Let’s see! If you have any comments or want to share your analysis, feel free to drop them below. Good luck with your trades!
Disclaimer:
This is not financial advice. Trading involves risk, and you should only trade with money you can afford to lose. Always do your own analysis before entering any trades.
ETHERUM TRADING POINT UPDATE >READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ crypto Traders SMC-Trading Point update you on New technical analysis setup triangle 📐 patterns chart 📉📈 I expect if breakout one said that entry open. Logn or short trade 3400+ if breakout of it more Bullish trend 3744) if breakout 3135) more Short trend 2923)
Key resistance level 3500 + 3600 + 3744
Key support level 3192- 3130 - 2923
Mr SMC Trading point
Support 💫 My hard analysis setup like And Following 🤝 me that star ✨ game 🎮
ETH/USD Analysis: Trading Opportunity in Real TimeHello, traders! Today, I'm testing some premium indicators on TradingView for the ETH/USD pair with a 1-hour timeframe. 🚀 I'm using tools like the Support & Resistance Matrix, Market Prediction Indicator, and Trend Navigator to find the best opportunities.
📌 Trade Details:
Entry: $3,311.07 (latest signal).
Take Profit: $3,400.00 (projected resistance zone).
Stop Loss: $3,237.44 (key support zone according to the indicators).
The Trend Navigator is still showing a bullish trend, and even though I’ve already taken the latest signal, there’s still time to analyze this opportunity! 📈 The projection indicates a potential upward movement, and we are well-positioned to take advantage of it if the price maintains this momentum.
🔥 My analysis: If we respect the blue trend line and hold the nearby support, the target is achievable. But always remember to manage risk and adjust your stop loss to protect capital.
What do you think of this entry? Leave me your comments, and don’t forget to like for more trading content! 🎥✨"
Panic Sell Is Over! Ethereum ETH Will Reach $6000!Hello, Skyrexians!
Last couple of days were difficult for all crypto bulls. While Bitcoin suddenly dropped to GETTEX:92K altcoins bleed much more because of BTC Dominance pump. The main altcoin BINANCE:ETHUSDT lost more than 20% and caused a huge panic. Yesterday's candle closed promising, but if this nightmare is over or our portfolios continue melting in the upcoming days?
Let's take a look at the daily time frame. Here we can see the clear Elliott wave structure. Large wave 1 has been finished with the red dot at the top and after that we have seen this dump in the wave 2. You can tell me that wave 2 is the very ugly, but this is the specific shape of irregular
ABC.
This drop has been stopped exactly at 0.5 Fibonacci. Moreover we have seen the green dot on Bullish/Bearish Reversal Bar Indicator . As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView . For me it's very strong confirmation that correction is over and wave 3 is about to happen. Wave 3 has the target at 1.61 Fibonacci level equals $6200. See you there!
Best regards,
Skyrexio Team
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ETH/USDT - Recovery Scenario - 22.12.21Hello Traders!
ETH continues to move in an uptrend.
The price has corrected into the $3700 - $3970 buy zone and tested the MA100 on the daily timeframe.
There was a new announcement this week about ETH 2.0 launching soon and support for Arbitrum's layer-2 solution, which will increase network speed and significantly reduce transaction costs.
During the market correction, some of the big players were actively buying ETH. The reason for that is the switch from Proof of Work protocol to Proof of Stake with the launch of ETH 2.0. In order to become a validator of the network, you will have to buy and hold ETH, instead of the old video card mining.
All of these updates will serve as a strong foundation to support the price along with major fund buys.
We can start to accumulate a medium-term position between $3800 and $4100, and increase purchases after the price moves beyond the $4372 resistance level
We should close the position on a stop-loss after the price leaves under the support level of $3325
The profit taking targets will be the Fibonacci levels
$4664
$5195
$5726
$6258
Part of the position can be held in expectation of new levels of $8000 and $10000
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ETH/BTC - 100%! Congratulations to everyone!On April 21, I told you about this pair. Now the price has gone up 100%. Write in the comments or u bought it?
And write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade