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Ethshort

ETH Hit Our Long Target! Will it Dump?So our TA has been playing out perfectly over the past month. In my last idea, I posted about ETH having a pullback to the 1270 area before retesting 1430 for a possible double top. We only pulled back to the 1316 level but still hit my target of 1430 shortly afterwards. Now we're at a crossroads where there's two scenarios: 1. We either double top here at 1430 and retest the micro support of 1365 (pink line) or the major support near 1270 before finally breaking out past 1430 and testing the 200 EMA near 1525. 2. We continue upwards and test the 1525 level immediately and reject to the 1430 level before breaking upwards and through the 200 EMA into bullish territory. Right now I'm leaning towards the first option for a few reasons. We have bearish divergence forming on the Stoch RSI (which is also overbought), while the RSI is overbought as well. Now this doesn't mean we can't go higher, it just means these may need to reset a little before having the strength to push through this major resistance in order to effectively test the 200 EMA. With that said, I'm still in half of my long position from 1165 but I took a hedge at 1435 and plan to take half profit at 1365 and another half at 1270 if we get there. If you enjoyed my TA or had any questions about the indicators used, please leave a comment or send me a DM :)
Short
by CryptoScripts
ETHEREUM/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! In the current scenario, ETH is currently holding well as a green support area, the longer it holds this level, the more likely it is to bounce back. The MACD also printed a bullish cross-over with slightly lighter red bars, which is indicating a trend reversal from bears to a bullish pattern. The candle will trigger a bullish pattern towards the $1270 price level if it closes above the $1110 price level. 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
3
#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 ! As we can see from the above-mentioned chart that ETH broke above the triangle patterns and moved upside till the strongest resistance zone for now. As ETH was unable to break above the resistance level and got rejected again, it fell down again at the lower support zone. Here ETH holding the present support level very well. A bounce and re-gain are highly likely in upcoming hours towards the upper trend line resistance. 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
ETH IN A LOCAL DOWNTREND Hello everyone, let's take a look at the ETH to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 1211, if the support breaks down, the next support is $ 1170 and $ 1137. Now let's move from the resistance line as you can see the first resistance is $ 1225, if you can break it the next resistance will be $ 1235, $ 1245, $ 1259 and $ 1277. Looking at the CHOP indicator, we can see that in the 4-hour interval we are recovering energy, while the MACD indicator shows a local downward trend.
Short
by cryptodailyuk
#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 !! It is moving in a descending channel and accumulating above the fair value gap region. As the price is contracting and gaining momentum for the next breakout move. So we have to wait for a high volume successful breakout which will confirm its next direction. 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
ETHI'm personally leaning towards a recovery here, all eyes on BTCD if my 5 waves down are coming to fruition. Also ETH Hard Fork in Aug. Also the fed is meeting in July end of this month the 27th I believe, and the markets have already priced in another 75bps and also markets now believe a possible pivot in policy and a lower rate hike of .50% or even .25% then ETH may attempt to run back up to prior LT support around $1,700 and hang out there until Fed announcement. IDK just a thought guys please DYOR and Big Mike Loves you!
BINANCE:ETHUSDLong
by Big_Mike716
1
#ETH/USDT 2HOUR 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 is forming an inverted Adam and Eve pattern which is generally a bearish pattern. Because ETH is still holding the $1020 support level. We can expect it to reach the $990 level once it breaks below the $885 support level. This pattern becomes invalid if ETH breaks out and closes above the $1060 level. 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
We Called The ETH Short!On our last post, we talked about or quick short position on ETH from 1220 and we actually hit our target of 1136! I'm going to cover my next price prediction along with some TA I used and indicators below: To predict our ETH short, we used the RSVP Extractor and the Stoch RSI along with out support/resistance lines. Based on the 8hr chart for ETH, we saw that every time there was a red diamond on the RSVP Extractor and the Stoch RSI was near 100, the price of ETH would decline approximately 7.5%. This initially gave us a price target of 1136. Now seeing that we dropped below that, our next price target is 1046. This is based off a couple of factors. First, the 8hr support for ETH is at 1046 (orange line) and we have two green diamonds on the RSVP Extractor, AND the Stoch RSI is near 0. All of this combined, I believe we'll get a rebound at 1046 all the way back to 1220. If we keep falling afterwards, my next target would be 945. TL;DR - ETH short target is 1046, ETH long target is 1220. Further decline of ETH could see support around 945. If you enjoyed my TA or have any questions about the indicators used, please comment below or send me a DM :)
Short
by CryptoScripts
ETH: Still bearish!1Ethereum Intraday - We look to Sell at 1173 (stop at 1216) Short term bias has turned negative. Previous support at 1200 now becomes resistance. 1193 has been pivotal. 50 4hour EMA is at 1175. 20 4hour EMA is at 1169. Preferred trade is to sell into rallies. Our profit targets will be 1063 and 1033 Resistance: 1150 / 1200 / 1250 Support: 1100 / 1050 / 1000 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:ETHUSDShort
by VantageMarkets
#ETH/USDT 2HOUR 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 UPDATE:) ETH completed inverse head and shoulders and broke upside its inverse H&S on the upper side Right now ETH has been 2 hours update retest 50MA and pump ETH almost 30% to 40% from here 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
Quick Short On ETH! From our last bullish call on ETH, it went from 1085 to 1230! Over 13% :) Now I'm expecting a temporary short on ETH to around 1130. Let me tell you how I arrived at that conclusion. Looking at the 8hr chart on ETH, we can see it's coming up to resistance. Now there's also a bullish inverse head and shoulders pattern (drawn in green) but if that can't break the neckline (red rectangle 1230-1270) then I can see a decent rejection. We can also see there's a red diamond on the RSVP Extractor (my indicator) and the Stoch RSI is overbought. Looking at past history, the last 3 times this happened, ETH declined around 8% which coincides to 1130 from 1230. Therefore I'm taking a quick scalp short and expecting to cover half at 1130 and ride the rest in case we go lower. The next major support would be around 1050. If we end up breaking the neckline then that's extremely bullish for ETH and I would maintain the target of 1400 (per my previous idea). TL;DR -Shorting ETH to 1130 then expecting a bounce -If we break the neckline, expecting at push to 1400 before rejecting If you enjoyed my TA or had a question about the indicators used, please comment below or send me a DM :)
Short
by CryptoScripts