EHT - Selling strategyCOINBASE:ETHUSD
4 Hours trend
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ETH/USD is forming a potential HS on 4H chart.
Also, it will build double top at first, so I use Fib with this pattern to set targets and stop level as below.
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Targets:
1) 1026
2) 1001.7~991.93
3) 970.92
Stop loss:
1) 1090.6-----red horizontal ray
Ethshort
#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.
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!
#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.
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 :)
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
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#ETH or #ETHEREUM on a roll!!!!Firstly would like to mention ETH's Chart is Same like kind of SUSHI's Chart
I feel ETH is going to soon breadown beyond 1000 resisiting 1029 and 1292 range, before more fall is eminent. NOTE THIS IDEA is BI WEEKLY and I have already mentioned HODLERS may get this at more low rate and any close below 1278 is already going to reach 1478 in near times, atmost now you can sell till 1029 with 50 points SL
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
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.
THANK YOU.
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 :)
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!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
#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