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Ethreumlong

ETHEREUM IN COMPLEX CORRECTION ? Following is ETHEREUM analysis 1) The major five-wave Elliott wave coming from 2017 ended MAy 2021 2) Wave 2 corrected W1 by almost 85-90% 3) W3 started and had a good 161% fib extension of W1 to 2599 4) W4 is simple correction and retraced only 23% as W2 had a deep correction 5) W5 ended at 4367 ------------ A-B-C corection In a complex A-B-C correction W(A) is a 3 wave W(B) is a 3 wave structure and usually ends above W5 Wave(C) is a 5 wave and drastically drops to the start of W(B) I hope to be wrong but lets see what happens in the next few days ------------------------------------------------- (Or) Maybe Wave 3 can be where w(5) ended and we are in a W(4) correction phase and once thats completed we go on W(5) Love your feedback - happy trading
BITFINEX:ETHUSDShort
by JAN360
ETHUSD H1 to 216$ moving towards 1st resistanceETH is forming a symmetrical triangle and an uptrend channel on the H1 chart. If the symmetrical triangle break out upperside then a price reversal could be confirmed and the 1st target is 216$ If the symmetrical break out downside then ETH may reach to 185$ Symmetrical Triangle : The breakout in a symmetrical triangle happens in the third try 60 to 70% of the time either upside or downside, if the breakout happens upside at the third try the price goes up and reach the target and if it breaks downside at third try then price goes down and reach the target. if price can't break at the third try in downside then it can be guessed that it will breakout upperside. Currently ETH touched the symmetrical triangle both upperside and downside two time, let's see which side it breaks at the third try and in a confirmed breakout buy or sell decision could be make. As of now it seems it will break upperside because Sellers strength is weakening. Support me by hitting the like button. Thank You;
Long
by tapasdhanadana
ETHUSD Ethereum LONG 1 HR ChartHello to all watching my charts Here is Ehereum again in the focus. Still long But we have 2 moves here. First and bigger move is clear to the upside (blue trendchannel long) but my the shorttime system is now even flat. !! So we have to get an eye again on the bigger and longer timechannel to check whats going on. Dont follow the guys which tells you Short, Short, Short.. cause we should have here the rule: We should trade what is really happens in the chart and not what could happen in the future... So till the blue channel hold i suggets to stay long... No Sign of short at these time 2 Possibilites are in status: First : The pair ignores the short time flat signal and is smoothly running further up in my longsyystem (blue lines) Maybe... Second: The pair follows the shorttime signal as shown flat in the shorttime system and the long is over and a more sideways trend will follow. As a consolidation. Only if ETHUSD break both channels to the downside i suppest to talk about short. Good trades If you want to support my work and chart please like them... Renkotrade
BITSTAMP:ETHUSDLong
by Renkotrade