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#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. ETH/USDT UPDATE:- The price of Ethereum fell sharply against the US dollar and Bitcoin yesterday. The short uptrend that started on August 21 resulted in a sharp rejection once touching the $2K mark. ETH then quickly lost the important support range of $1,700-$1,800, and as of writing these lines – trading below $1500. The price has experienced severe drops after breaking below the two marked bear flags, as seen on the chart. Simultaneously, the price broke below the 100-day moving average line (in white). Currently, the average value of the 100-day chart is $1,531. Bears are now attempting to close the daily candle beneath it. With a lower low formation, the possibility of reaching the support zone at $1,280-$1,350 (in green) will become likely. Hope will return to the market only if the bulls can reclaim the $1,700 – 1,800 range. Support Levels: $1500 & $1350 Resistance Levels: $1800 & $2000 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
2
Macro Topping Structure For Ethereum Starting To Unfold hey everyone, A 2nd bearish divergence has printed a strong TP for Ethereum at this current high. In 2 days we get a weekly candle close and if it's a bearish engulfing that will create added pressure for the bulls as bears will be more enticed to bring price lower. In cohesion with the Elliott Wave count on ETH we can see this as a valid 5th wave double top pattern. The question for the correction we just started is this... Is it a wave 2 for continued upside and we can treat this like the start of the 5th to take us to 10-13k OR Are we about to correct this entire structure that the 5th wave is ending, which means consolidation of a 4th wave between 4k and 1,800 or will we sweep the lows towards 1,300 to 1k. I shared a video tutorial on y.t. for eth that walks through the 4hr and daily tf to give justification that this first drop we just had likely needs another leg to it, this is my bias. Bulls will need to make this an abc zigzag and bears will likely want to make it impulsive. For me, this signals is a weekly take profit signal following the NewWave System as weekly tf corrections can be quite drastic. For me, Elliott Wave allows me to see ALL the ways the market can move (some of which I don't show in this chart) so that I can have a plan of action if the market moves against my bias and I can react intelligently and emotionlessly. IF you're interested in seeing the market this way and desire a low-risk systematic way of trading that generates consistency then checkout my signature links below. Let me know in the comments which count you're bias to?
BITSTAMP:ETHUSDShort
by NewWave_Traders
1
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. ETH/USDT UPDATE !! ETH broke the local support and as expected dumped towards the $1600 support area. This is the key level to hold otherwise we see a heavy sell-off in the market. The next major support is the $1400-$1450 and Ethereum resistance area $1731 -$1832 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
1
#ETH/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. ETH/USDT UPDATE !! ETH/USDT rising wadge channel is broken and support 100MA is likely to bounce back ETH /USDT Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
2
#WEEKLY UPDATE ETH/USDHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. ETH/USD UPDATE! ETH Weekly Update Me ETH is trading above 200 MA we can do that ETH holds 200 MA support but RSI is showing SUPPORT for ETH if ETH can bounce from here and altcoin can bounce fast. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
BITSTAMP:ETHUSD
by CryptoSanders9563