Bearish engulfing candle ETHClear Bearish engulfing candle on ETH 12 Hours chart , expecting another leg down to finally mark the bottom & start going up again.
Expecting target around 800 $ if not lower. if the breakout from the descending wedge playout as its supposed to be then we will be seeing a 800 $ price target again
NFA as always
Ethshort
Ethereum Bearish ContinuationETH is in the peak of a bearish continuation after the heavy drop to sub-1k levels.
Invalidated with a close/hold above that 1281 level, but not bad R:R if this plays out.
I see a lot of bullish sentiment on my timeline with this recovery off the lows, but IMO it is not close to over yet. Macroeconomic environment is still horrible.
#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.
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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
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ETH Sell a break of $1700.Ethereum - Intraday - We look to Sell a break of 1698 (stop at 1751)
Daily signals are bearish.
1700 has been pivotal.
Price action continues to gravitate towards crucial support levels with aggressive selling interest.
A break of bespoke support at 1700, and the move lower is already underway.
Our profit targets will be 1572 and 1552
Resistance: 1800 / 1900 / 2000
Support: 1700 / 1600 / 1500
#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/USDT is forming an Inverted Head & Shoulder Pattern in the 2H timeframe..!!
right Shoulder is Not Completed Yet..🤞
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.
#ETH/USDT 1HOUR 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/USDT inverse head and shoulders create an upper side break and eth 35%pump and eth downside break and chart is invalid
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.
ETHERIUM BIG DUMP EXPECTEDTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and Long Term).
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are levels from my past ideas published or levels that were respected from the past.
IF THE LAST 1H SUPPORT BROKEN EXPECT BIG DUMP
Good luck everyone, stay safe!
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#ETH/USDT 1HOUR 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.
As we can see in the above-mentioned chart that ETH is currently trading inside the parallel channel and also following the lower mid-trend line as support.
Currently, ETH is moving upside and trading just below the upper trend line.
Now, if ETH breaks above, it can trade above and move upside towards the price level of $1300.
Rejection from this level will lead ETH again towards its lowest price, which can be $900.
MACD also printed a bullish cross-over.
Let’s see how ETH performs in the upcoming hours.
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.
ETH SHORT BABY (Long Term Play)Looking at the chart we can see that ETH has been playing around in this previous demand zone (pivot zone) for some time now. There has been no fast reaction upwards which indicates to me that buying power is low and has already been exhausted in previous months/years.
Head and shoulders on ETH looks like it's going to win the bull/bear battle. I think it's gonna plow through the demand zones soon and take ETH down to around $500USDT so that Smart Money can load up and market the shit out of it to create mass adoption.
Is this a conspiracy? Sure. What would you do if you had a majority stake (market-moving amounts) in a coin and wanted to make big money?
Lmk what you think. Safe trading everyone. NFA, DYOR.
Cheers,
Stefan
#ETH/USDT 4Hr UPDATE !Hello, dear traders welcome you to this ETH/USDT 4Hr chart analysis.
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.
Ethereum trades in a triangle pattern to create and buy the green zone and small stop loss.
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.
#ETH/USDT 4Hr UPDATE !Hello, dear traders welcome you to this ETH/USDT 4Hr chart analysis.
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.
Ethereum is trading below the liquidity level in the support area.
The price is testing the light green zone and the 4hr time frame.
The decline occurred on a rise in volume and a correction when volume fell.
I expect the price to test the upper limit of the channel.
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.
ETH Sell a break of $1900.Ethereum - Intraday - We look to Sell a break of 1898 (stop at 1944)
1901 has been pivotal.
Bespoke support is located at 1900.
A break of bespoke support at 1900, and the move lower is already underway.
Daily signals are bearish.
Our profit targets will be 1782 and 1752
Resistance: 2000 / 2060 / 2100
Support: 1950 / 1900 / 1800
ETHUSDT AnalysisThe momentum is indeed bearish even so, $1700 is strong support for the price and trying to hold on there and if the price lose this support, the next target will likely be around $1420.
On the positive side of view, If the Bitcoin current range lasts a little longer or rises, I expect at most a pullback to the recently broken ascending trendline around $2500. Of course, to do this, the price needs to break the short-term trend line (the orange one) and a potential reaction to the descending blue trendline is expected in the way.
In a word, the price will shape around $1400 finally. let’s wait and see!
Trend Key Points Indicator have been used to draw important key levels and key points.
ETH Update - Next Target @ $1,600The 4 Hour chart is over bought.
Momentum is dying and it looks like ETH will be on its way down soon.
Opening longs here might not be the best idea while inside this bear flag / pennant however you want to look at it.
Small bounce expected once it hits #5.
Entry Between:
$2,053 - 1934.36
Take Profit:
TP 1 - $1,792.41
TP 2 - $1,613.06
Stop Loss:
$2122.11
If you'd like me to analyse any other crypto send me a message or leave a comment 👍🏽
Happy trading!
Not Financial Advise. Do Your Own Research.