Ethsignals
Financial Wave. ETHEtherium
In previous reviews, we showed our priority scenario for ETH with a target of $1300, in fact it can be considered fulfilled and we have introduced updated growth targets, the wave structure is moving ETH to the next targets of $1380 and $1450. A price drop below $1150 will change our view.
Eth back above 1250. 1420 and 1700 zone could be next targetsAs I said in my previous analysis, there are 3 major cryptos that I really like: Ltc, Eth, and Bnb.
With both Ltc and Bnb working very well, it seems is time for Eth to recover recent losses...
Technically speaking, the recent drop found a strong floor just under 1.1k with bulls taking control twice in this zone.
Last week's drop is a higher low relative to 1.1k and a daily close above 1.3k would also confirm a double bottom in place.
The first resistance is at 1420, but in my opinion, 1700 is more likely in the medium term.
This bullish scenario is negated by a drop under 1.1k
ETH SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the ETH symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Ethereum- False break of support and reversal?After a rise towards 1700 resistance at the beginning of the month, Ethereum has also dropped hard like all the crypto market and took a dive under the 1200-1250 important zone.
However, this drop was quickly reversed yesterday to put the coin back above support.
At this moment there is a high chance that the drop was a false break and a reversal to the upside could follow.
Clarification for a sustained up trend comes once Eth breaks back above 1400 and a break under 1k zone would negate this scenario.
2k can be the target for medium-term bulls.
EthUsd- Etremely important breakAfter more than a month of consolidation in a tight range between 1400 and 1250, Ethereum managed yesterday to break out and accelerated its gains to 1500.
This break is very important technically for 3 reasons:
1. The break is to the upside suggesting accumulation
2. The break of horizontal resistance coincides with the break above the falling trend line from the recent high at 2k
3. This break confirms 1200 as a higher low and very strong support from now on.
In conclusion, bulls are favored and I expect continuation to the upside.
From now on, buy dips can be a good strategy and an ideal zone for this is between 1400 and 1430 with a stop loss under 1200.
Targets are as follows:
1. 1750 the high from the recent leg down and an old support
2. 2000 the recent high and psychological level
3. 2500 important technical and psychological resistance and also 100% rise from the recent low, equal with the initial leg of correction from under 1k.
Ethereum- A pretty nice bullish outlook.If there is one crypto that I like at this moment, this is Eth, with the second largest coin looking way better than BTC in the past two months or so.
As we can see from the posted chart, after the dive under 1k, this zone become very solid and the reversal in the crypto market translated into around 40% rise for BTC, here is more than 100% from the bottom to the top. Also, in recent days, when BTC visited the previous low zone, Eth had only a quickly reversed spike under 1500.
Technically speaking, the 1300-1400 zone is extremely strong support at this moment and the lifted selling pressure from Btc would very probably lead to a rise at 2500 for Eth.
#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:-
Hello, Guys ETH/USDT Update As we can see it was trading inside a wedge pattern and breakout confirm request Now a white parallel channel is acting as strong resistance in front of ETH if it breaks We expect ETH/USDT to be $2k.
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.
#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.
#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.
In current scenario ETH trading on a support level and highly chance to grow above from current level until ETH holds this level.
Candle close below lower trend line support will lead ETH to drop down towards lower trend green support 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.
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.
Thank you.
Ethereum to break short term resistanceIn my yesterday's commentary, I said that Eth should correct before a new leg up.
Indeed, the crypto corrected some of the previous moves but didn't drop to technical support. This is giving us an indication that bulls are strong here and we can expect a break above short-term resistance.
I'm strongly bullish as long as 1500 is intact and I expect a rise to the next important resistance above 1700.
ETHUSDT: Elliott Waves Intraday TradingHello everyone!
The price of Ethereum rose within my expectations in wave 5 of wave C; and the big wave 4 is coming to its conclusion.
Already now you can get ready to look for good entry points into a short position; for example, on the price breakdown of the local trend support.
It is possible that in the next month Ethereum price will update the historical minimum and once again disappoint the cryptocurrency community, which is already fully confident in the price reversal.
P.S. Vitalik Buterin will probably not sleep well very soon)
The continuation of growth can be considered only with the formation of a corrective trend continuation pattern in the price range of $1600-$1300.
Best Regards,
CEO Tornado Capital
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 (Short 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.
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
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
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
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 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