ETH IS DROPPING In this chart price has shown its hand BIG TIME.
This chart lays out your trade for this weekend in Crypto.
Price only has 3 moves:
1. Up
2. Down
3. Sideways
It ain't going sideways right now.
This is the Daily TF drop down and find your short set up.
Never Over Leverage.
Trust your Trade Set Up.
Have a Great Weekend!
I Am Pro Trading Made Simple!
Ethshortsetup
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 :)
ETHERIUM 4HOURLY NEAR FUTURE ANALYSISTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and Long Term).
We have 1 Uptrend in green color (Internal Trend)
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.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
Ethereum Sell a Break of recent low.Ethereum - Intraday - We look to Sell a break of 2689 (stop at 2758)
Daily signals are bearish.
A break of yesterdays low would confirm bearish momentum.
A break of bespoke support at 2700, and the move lower is already underway.
We look for losses to be extended today.
Short term momentum is bearish.
Our profit targets will be 2505 and 2455
Resistance: 2750 / 2840 / 2980
Support: 2700 / 2600 / 2500
ETH chart on 1W Time FrameLooking ETH here bouncing on support for a second time .
If ETH does not manage to hold this level I will be expecting a retracement back to $1,710 - $1,800 .
And if it gets worst I will be expecting a bounce around the first blue box of support around the $1,000 - $1,300 .
If we fail to support that area my guess its that we will be going more down very hard and fast .
Now lets see a more bullish scenario on ETH .
Lets consider that we will hold this level and bounce , In this case I would expect a pump to retest $3,200 and then $3,500 - $3,600 .
Moreover, in the case we get even more bullish , we could visit $4,000 and more levels as we go up .
NOTE : I would NOT enter very big longs or shorts positions , as taking into consideration the current geopolitical factors affecting the markets there is uncertainty and too much volatility when it comes to moving . So be careful and consider using stop loss.
DONT TRADE WHAT YOU CANT AFFORD TO LOSE !
ETH/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
ETH/USDT Just as I have seen BTC making a 1hour inverse head and shoulders, I think eth /USDT is also making a 1-hour inverse head and shoulders and that means dumps will happen once and as we mentioned in bitcoin. have done
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
ETHERIUM 4HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 1 Uptrend in green color (long term uptrend)
We have 1 Downtrend in red color we are currently trying to break.
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).
Yellow Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
Eth shortQuick EthUsd Short, setting up for a pull up for an entry at 2950, target 2520. The RSI shows some push back on the downward trend though that just means there will be a delay before the drop. Allowing us to open shorts up at 2950 before the price bottoms out at 2520. Be Patient these markets are chopping and difficult to read. Around Feb 17th I would say we will see sellers over take the buyers based on the cloud remember we are still under the cloud meaning the trend on the daily is still bearish. The conversion line popped the base line meaning and comfirming there will be some upward momentum until the 17th, when we get to the cloud though I will assume it going to get pushed down. The yellow line indicates where you will want your stop to be based off the conversion line now that we are below the conversion line.
Happy Traiding,
"Where'd my wife go?"
-KewlKat
ETHMax pain would be this IMO, send ETH back to $3500 on an ABC up trick everyone to think #WGMI then rug the ETH to the bottomTL support established back in 2020 test that as LT support scare everyone with an overthrow then send it back to ATH $5k when everyone is depressed thinking bear markets finally back. ;) Big Mike loves u all!
ETH EXPECTATION IN THE NEAR FUTURE Technical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 1 Downtrend in red color
We have 1 Uptrend in green color (Internal Uptrend)
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).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
ETHERIUM EXPECTATIONS IN THE NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH /USDT
TREND ANALYSIS
We have1 Downtrend in red color
We have 3 uptrend in green color (LONG TERM AND 2 INTERNAL TRENDS)
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 stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content benefitial please dont forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
ETH/USDT 1HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color
We have 1 internal uptrend in green color
The wider the trend the stronger the trend (I use thickness)
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Be careful trends need to be modified when broken to the new peaks.
The yellow are level that have already been tested I am drawing then just for explanation purposes.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
Etherium (ETHUSD) 1HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH/USD
TREND ANALYSIS
We have 2 UPWARD trend in green color
we have1 downward trend in red
The wider the trend the stronger
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
Ethereum UpdatesLet's go back to talking about Ethereum, after having hit all the targets in my previous articles.
The long-term picture has not changed, I remain bullish and I remain confident that, in the long run, t he more eco-friendly mining, the speed of the blockchain, and the investment "space" will bring Ethereum very close to Bitcoin.
In the medium term, the situation is different.
This month's pull-back may not be over, although there is room for a Christmas rally to hit a November 10 high.
My forecast between now and the first months of 2022 is bearish, also considering the sinusoidal movement typical of Ethereum. A classic return to the average that could coincide with the Fibonacci 618 level and the volumetric node at $ 3200.
If my vision is correct, it will be important to see how these levels will hold up, because it would be a sign of ETH's strength and solidity, especially from a long-term perspective.
All this is obviously in the absence of macro-economic scenarios that could upset the markets, including crypto, as happened in March 2020, where Ethereum lost 68%. That would mean going back to $ 1750, which is unlikely.
Happy trading
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
ETHEREUM/U.S. DOLLAR SHORT ANALYSIS MACD indicates that we are going to have a bearish cross.
STOCHASTIC OSCILLATOR, the value is 90.39, the price is clearly overbought, therefore there is an high probability that the price will go down.
CONCLUSION:
The price can drop and all indicators along with current market trend shows an upcoming decline of price. A short position is recommended if desired, entry price should be set at the resistance level.
Provided analyse is for an informational purpose only and should not be taken as a professional advice.