ETHEREUM - Shorterm #06TP1 collected.
#SM.DUNZA-30min-ETHUSD #BYBIT #ETHUSD
Close short position if opened.
OPEN NEW/ADD TO LONG POSITION
Enter around: 2488
TAKE PROFIT:
2527.81, 2550.2000000000003, 2604.94, 2639.77, 2709.43,
STOPLOSS:
2338.72,
We recommend moving stoploss to break even once first TP is hit
Signal issued at 2021-04-26T16:30:00Z
Previous post:
Ethusd-trading
Ethereum, Forms Descending-Channel, Important Considerations!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum in which we are looking at the hourly timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. As mentioned already in the former analysis Ethereum has developed an important ascending-wedge-formation that is about to complete within the next times, if you did not see this analysis I highly recommend it to watch to have a full-depth-overview as this analysis now is looking from a different angle I detected important sings that underline the upcoming considerations, therefore I detected all the important levels and likely destinies we should consider with Ethereums established structure and upcoming movements.
Structural Developments:
As when looking at my chart now we can watch there how Ethereum is about to develop this major descending-channel-formation marked in my chart in blue and besides that Ethereum has the coherent wave-count within the formation already completing the wave A and B in the structure and now Ethereum is about to develop the wave C with its subwaves in which the minor wave C is directly running into this strong resistance-cluster marked in my chart in red from where a pullback to the downside is likely which then will be the origin of the wave C to the downside when Ethereum pulls back within this zone especially when moving below the ascending-trend-line this will finally confirm the further bearish declines and wave C development.
Upcoming Determinations:
Taking all these factors into consideration Ethereum is likely to continue with its established wave-count bearish to the downside upcoming next times and it will firstly reverse when there is proper support found in which it is possible to do so, this can happen within the back-up-cluster marked in my chart in blue, when Ethereum manages to stabilize there it can lead to further testing of previous resistance and to a potential channel-breakout above the boundary as it is marked nevertheless it will be important how Ethereum reacts within the zones and how it develops further then. For now, the bearish perspective should not be underestimated and kept by side here, it will be an important and interesting development ahead.
In this manner, thank you for watching the analysis and for everybody supporting it is great contentment, have a good day and trading!
"The high destiny of the market is to explicate rather than to speculate."
Information provided is only educational and should not be used to take action in the markets.
Ethereum, Setting Up For A Potential Channel-Breakout!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum in which we are looking at the hourly timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Ethereum the last times has definitely established some very interesting structures from where it has potentials to build upon, in this case, I discovered an interesting formational structure that can determine further destinies when Ethereum shows up with the right price-actions, in this case, we need to wait on the proper validations before finally moving into the direction, therefore I detected all the important levels and likely destinies we should consider within the established structure and upcoming movements.
Structural Developments:
As when looking at my chart now we can watch there how Ethereum is trading within this major ascending-channel-formation marked in my chart in blue besides that it has also developed a more steeper ascending-channel within this whole major channel and also with the broadening-wedge within. Recently Ethereum managed the move above the upper-boundary of the broadening-wedge to close there, this is likely the confirmation of the wedge-formation now that will lead to further continuations the next times and especially when the demand increases further here can lead to the final breakout above the upper-boundary as it is marked in my chart, such price-action will activate upside-targets ahead upcoming times.
Upcoming Determinations:
Taking all these factors into consideration Ethereum is trading in a constellation where it needs to show that it properly manages to hold the structure now from where it is building up to continue with further risings to the upside. After Ethereum has done so with the breakout above the upper-boundary this will activate the targets seen in my chart within the 2220 level marked in blue, when Ethereum reaches these zones it has to be elevated how it continues further from there and if there comes firstly a reversal or Ethereum manages to move on forward rightly after it, for now it will be necessary to elevate how Ethereum manages the breakout and build up on this, it will be a interesting development.
In this manner, thank you for watching the analysis and for everybody supporting it is great contentment, have a good day and trading!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
ETHUSD – Ethereum – Week 5 – More correction and then upThe first target in the last week's analysis was successfully reached because Ethereum broke the top again after the correction that was in the direction of the big trend.
Now the price structure shows us another corrective movement that is more likely to make ETH continue the uptrend rather than falling deeper to make a bigger correction. However, if price falls, we have important levels that if they are broken it would turn our sentiment to bearish. These important levels are the rectangular areas at 1040$ and 900$.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
ETHUSDT UPDATEHi Traders,
We are currently trying to break the trend line. There are two scenarios, 1. if we fail to fully break the trend line then we should see a move back up to the 618 Fib. However, 2. if we start to see sell side volume and the move to break he trend line strengthening then we can expect a further fall to support at 1150 roughly.
Thanks
The Market Sniper Team
ETHEREUM (ETH/USD) | New ATH, What's Next!?Hi,
After my previous recommendation, the price of Ethereum got a really solid rejection upwards witch took out the old all-time high, booom! :)
Now, if the market stays healthy then wait for a throwback to the marked box and it should continue upwards, at least for a while.
Good luck,
Vaido
ETHEREUM hit resistance. A Correction will follow. Sell!
Hello, Traders!
ETH-USD fell to the support of the channel previously
So my prognosis came true again
Now it climbed back up again
And is facing the channel resistance
And a long term rising resistance
Thus, I am bearish again
And expect the pair to fall
To retest the support of the channel again.
Sell!
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First steps...🐻Ethereum is taking its first steps towards the bigger corrective wave. Although the structure is not very clear yet, these steps are a positive sign. After a perfect landing at the 61.8% Retracement at $420, Ethereum turned and made its way, leaving our turnaround zone behind. Unless the bears drive prices up above $420, the way is paved for further selloffs.
Ethereum, What To Consider Since The Breakout Emerged!Hello Traders Investors And Community, as mentioned in previous analysis the breakout above the upper boundary was primarily essential for Ethereum to consider a first bullish pace in the structure before that did not occur as we have seen in yesterday Ethereum was still trading in the sideway channel, now as this necessary breakout above this important resistance has shown up Ethereum has moved to the upper boundary of its previously established primary-ascending-channel-formation which had its origins within the lower boundary of the underlying channel. As Ethereum tests this level and as there comes often a pullback and test of the previously established resistance which needs to hold as support we can expect Ethereum to move onto this level and pullback to the boundary which will be extremely crucial because it will decide if the breakout was a full sustainable bullish breakout or turns out to be a bull trap.
Taking these things into consideration Ethereum now has the previously established resistance as support, together with the middle-line of the ascending-channel and also the rising-trend-line which had the origins within the broadening wedge before, these levels are now good for support and there is a good potential given that Ethereum also confirms them properly, here it is really important that Ethereum does not fall below the level again because this can possibly invalidate the bullishness however when Ethereum manages to hold this level it can be the source of the final breakout above the upper boundary of the ascending-channel which will then move on to test the upper resistance levels seen in my chart. Overall Ethereum has shown a great bullish breakout here which was important, now Ethereum needs to show that it can hold this bullish pace substantially and build upon this, it will be definitely an interesting development and the next times it is important that Ethereum confirms the upper boundary properly as support to continue further.
In this manner, thank you for watching the analysis, have a good day as well as good trading and all the best!
"There are many roads to prosperity but one must be taken."
Information provided is only educational and should not be used to take action in the market.
Ethereum, Bullishness Decreases, These Are Next Steps To Assess!Hi my friends, Welcome to this analysis where we are looking at Ethereums 4-hour timeframe perspective, Ethereum is currently forming quite a similar formation compared to Bitcoin where it is also trading in this preliminary ascending-channel-formation with the coherent wave-counts within. Now as there are some similarities there are also differences that need to be elevated in order to assess the market in the proper manner as there are divergences in spread existing. The current decrease in bullishness does not mean Ethereum is completely bearish here however there are some important levels to hold and bounce in order to consider any bullish continuations further, therefore I detected the important levels and possible outcomes we should consider with ethereum at the moment.
Looking at my chart you can watch there this strong ascending-channel-formation and the touch and pullback of the upper boundary, this was the initial pullback for ethereum and now it is struggling to form new highs in the structure, also this touch and pullback of the upper boundary ended the wave-count coherently. All these factors playing into a higher possibility that Ethereum will continue with its pullback till there is serious support found which will be in this case the 55-EMA marked in red in my chart and also matching together with the middle-line building a solid basis for possible recovery after Ethereum has visited this area.
Overall it is necessary that the first supports within EMA and middle-line hold to consider a healthy recovery possible in this levels, when this does not show up and ethereum does not manage to bounce properly here this can end up into a pull-back-extension within the zone marked in my chart where ethereum will extend the current pullback and visit the lower levels given by the lower boundary, this level will be absolutely crucial for ethereum to establish a bounce and back-up otherwise when this does not happen and ethereum falls below the lower boundary it will increase bearish pressure and lower levels can be expected, therefore we should not keep the bearish perspective out of sight here and be prepared, it will be interesting to watch how ethereum will develop further here.
In this manner, thank you for watching, good day my friends, and support for more market insight.
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the markets.
Ethereum-Market-Status-Update-AnalysisHi my friends,
Welcome to this analysis where we are looking at ethereum 12-hour timeframe perspective, the recent events, the current formational structure and how possible outcomes can look like at the end of the day. Since the bearish breakdowns established in all major cryptocurrencies so also in ethereum which is showing some interesting signs the last times. As it retested the 200-EMA in red anew this is a crucial point for ethereum here, currently, we should not keep the established bearishness by side therefore a continuation to the downside is more likely within the middle and longer-term perspectives, the question is when this will happen and if ethereum firstly tests some higher levels before to set up for another leg, in this case, I detected all the important levels and possible outcomes we should consider at the moment for ethereums destines.
Looking at my chart you can watch the 200-EMA just tested the last times and ethereum found some support there, as ethereum already bounced in this level previously it can happen now another time nevertheless ethereum will run into strong resistance layers upper in the structure, these levels are just to strong to keep by side for now and when ethereum reaches out to these it highly possible confirms them also bearishly this can end up in a consolidation phase as it is marked in my chart, which actually will build the set up for a new disturbing leg downside, it is possible that ethereum moves above this level, the possibility, however, is highly marginal and the bearish case can be much more expected here. When this happens and ethereum moves below the lower boundary the huge channel can also confirm as a possible bear-flag-formation.
In this manner, thank you for watching, support for more market insight, good day to you, and all the best!
“Trading effectively is about assessing possibilities, not certainties.”
Information provided is only educational and should not be used to take action in the markets.
Ethereum, S/R-Bounce Remaining, Further Continuation Possible!Hello Traders Investors And Community, welcome to this update-analysis of ethereum daily timeframe perspective, the recent events, the current formational structure, what we can expect from this pair the next times and how to handle upcoming situations in the appropriate manner to do not fall apart of the smart-money operators seen these days. As mentioned in previous analysis Ethereum approach highly overbought areas and additionally resistance-levels in the range which has now confirmed not at the resistance-line directly but some points higher which is normal when such volatility pushes the prices, now there entered some bearish increased price-action the chart which moved ethereum to test the remaining S/R-level in which bounces are likely, in this case I detected some important signals which will determine the further outcomes and destiny of this pair.
S/R-Level:
This level which is marked with light-blue is a level which was formerly strong resistance and then confirmed with a bearish move to the downside, therefore this level is a strong level where price bounces either to the up or downside can happen within a highly possible spectrum. As ethereum now consolidates above this level and shows bearish action a possible fall below this line will increase bearish pressure to the downside as seen in my chart, the bullish scenario is also possible with a stabilization above the level but it is much more unlikely as there are still remaining strong resistance levels locking the price into protracted down moves. When the price falls below this level it will confirm as resistance and possible pull-backs will reverse and continue its downside course.
Back-Up-Zone:
The back-up-zone ethereum is providing here matches with the Fibonacci-supports from the 38.2 to the 61.8 Fibonacci-level marked in blue. When ethereum visits this area a bounce can happen in either of these Fibonaccis, together with the 100-EMA marked in orange it is building a coherent support-cluster here where a back-up can happen therefore it is important to don't fall below the EMA and below the back-up-zone. When ethereum stabilizes here and forms some up-moves it will be important to move above the S/R-level when considering any bullish continuation otherwise this can still be a fake-rally confirming the resistance and pushing the price back down again. Overall we should not underrate the bearish pace to the downside which can inevitably establish here.
As bitcoin and other cryptocurrencies showing similar signs these are just validating the scenario in ethereum, bitcoin fell below the important support-cluster I mentioned therefore activated a possible gap-fill. There where many which still where on the bullish side supported by crypto youtube which pushing this speculative approach but it is just logical and most often happening that after such heavy volatile rallies minimum a correction takes place where the price retraces or forms higher pull-backs, this is what the situation gives and what we should not keep by side, by the way it is really great to watch that our elite channel catched this downside action before it established, this means to trade what one is seeing not what one is thinking.
In this manner, thank you for watching the analysis, support for more market insight and all the best my friends.
"Comfort and prosperity have never enriched the world as much as adversity has."
Information provided is only educational and should not be used to take action in the market.
Ethereum, Still In The Range, Further Conitnuation Possible! Hello, Traders Investors And Community, welcome to this update-analysis about the current situation facing ethereum, there are some important events happened the last time which I determined and which will affect the further outcome of ethereum. As I mentioned already in past analysis ethereum has the strong support zone at the 215 level and the which realized now as a meaningful resistance therefore we had an volatile breakdown the the downside which can idnicate further increas of bearish pressure. We are looking at the short-time-frame locally 4-hour chart, if you want to have a more middle-to-long-term perspective I recommend that you look at the analysis where I already pointed out that it is possible for ethereum to fall more when we cross below the important support in the current range.
When looking at my chart now you can see that ethereum found support at the 50-EMA which you can see marked in light-blue in my chart and the 206 level here which is also a mirror-level from past highs in the uptrend we developed before. Also we have the significant 200 USD psychological level here which is playing into the overall support in this range. When considering these facts it is within the possible spectrum that we first get a bounce to the upside to test the resistance at 215 again before the next leg down establishes. Remember this scenario has to be confiremd properly and a break above the 215 resistance level will definitely invalidate the bearish scenario to the downside but it is more likely that we confirm it a second time as resistance.
After the proper resistance is confirmed and the next leg down develops we have the further important support at the 189 level which you can see marked in my chart in orange, this level is also building a coherent support zone with the 600-EMA which you can see marked in my chart in dark blue therefore it is within the likelihood schedule that we see a bounce there when touched in this level, the question now is how strong this bounce will and if it is sufficient to manga a reversal in this range for a continuation of the past builded bull-trend. When this does not happens and the price is weak or bounces marginally little here it is possible for ethereum to provide another leg to the downside therefore we need to look how strong this level can possibly be hold.
The next middle-term-support for ethereum is provided at the 175 level, this is an fundamental important level for ethereum because we need to hold it for the proper range we have here and for a possible reversal or continuation to the upside, when this does not happen we can expect a bearish continuation to the downside as described in the middle-to-long-term chart. At the moment it looks like many cryptocurrencies building a sideways range which will determine the further outcome, it is possible that we follow with bearish moves to the downside, therefore we need to be prepared for this scenario and adapt to the changing circumstances we are currently facing in the cryptocurrency market environment and do not fall for the speculative illogical trap we see to often these days.
Thanks for watching everybody, support for more market insight, and have a good day! ;)
Science is organized knowledge. Wisdom is organized life.
In this manner: FAREWELL
Information provided is only educational and should not be used to take action in the markets.
I'd like find Bottom & Top, ETHUSD.Without procrastination in the price we're seeing fall immediately after raising wave . Role of pin-bar is very important in this case.
ATR(at 40 points) is useful to decide next week candle range prediction.
For example , suppose current candle closed at 210 + ATR 40 = next week target 250 nearby.
Let's move to lower time frame:
hit:put the alert for price crossing outside of upper/low bound of the parallel channel.
CONCLUSION : As per ATR and Candle observation, Keep buy until price is above 198.
I"d like to find bottom and top mostly. We need patience here.
ETH/USDT D1 Technical Anaylsis "Beware of FOMO" !!!Just read the Chart, be strong against any FOMO feelings.
Remember, there will a trade . Anytime on everyday.
If you just hunt the 9-10% of ETH from today, you will lose your money and capital on longterm.
WE ARE STILL IN A DOWNTREND
WEEKLY : DOWN
DAILY: DOWN
H4: DOWN
Bifinex Ethereum Trading IdeaThere is strong resistance at the 300 level, with a channel going from that 300 level down to 218.
In the short term, up to the 4th July, I expect a small price increase to go back up to the 270 level.
In the medium term I see continued downward pressure for the next two weeks, with prices going as low as 218.
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ETHUSD - Long - But waiting for conformation bounce on support ETHUSD is at an important level right now, just touching a long term trend line. If this holds ill be looking for an entry and then targeting the horizontal resistance at $270.
The reason I am leaning towards the bullish side is largely to do with the RSI. Ill also be watching the RSI to see how it reacts to the Orange trend line.
# ETH Volume Analysis Prediction 8/28/2018Ethereum is in the wide balance with a range 250.50-319.60. Downward movement was completed by fixing. After that the price jumped to last POC (319.59) where it met the sellers.
Further the price has made a retest of fixing (264.04). At this point, we certainty noted that the price forms a new balance for the new accumulation.
What next? The price was rotating in a narrow range 268.82 and 283.22. Please note that the borders of this range were formed by the POC's levels. At the moment, we note that the price has left this range and goes up. That means that intraday chart shows a buy priority.
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 1-3 fixing movement.
ETHUSD INTRADAY BEARISH BELOW $450Ethereum continues to trade below key support on Tuesday, after the second largest cryptocurrency by market capitalisation failed to attract fresh buying interest on Monday.
The ETH/USD pair has now lost over 15% of its value since last Friday, following the strong decline to $435.
Technical indicators remain bearish with further downside for ETH/USD increasingly likely.
The ETHUSD pair is strongly bearish while trading below the $450 level, key technical support is located at the $435 and $400 levels.
If the ETHUSD pair holds price above the $450 level, we may see a correction back towards the $465 and $478 resistance levels.
2018 WILL BE GREAT FOR ETH!!!!!!!2018 will be great for ETH as nothing is good as a healthy correction in any market and also now that it has reached its main support around $400.
Its time for it to show where it belongs.
I would recommend to fill in your bags with this as this would be the last time we will be seeing ETH at this level.
and hold for this year it would give a good healthy return around (5X).