Ethereum USD Prediction H1Here is my view for ETHUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Ethusdanalysis
ETHUSD Long1D
price was making higher lows and lower lows, until it reached Daily support level, where it failed to make new lower low, it formed double bottom pattern and created engulfing bar
4h:
price broke out of the range and closed above,
i'll wait for the price to retrace back to support level if there will be signal i'll long
Ethereum Idea H1Here is my view for ETHUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETH/USD Multi-Timeframe & On-Chain Analysis !Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
ETHUSDETH/USD is near the 2850.00 price as of this writing. On the 3rd of April Ethereum was trading near the 3580.00 price level, a juncture ETH/USD had not touched since the first week of January. However, after hitting this mid-term high ETH/USD then produced a rather steep downward slope. In fact ETH/USD is now testing values it has not traversed since the middle of March. Ethereum remains a major cryptocurrency in the broad digital market, and its price action certainly causes reactions among its counterparts.
While some traders who remain bullish may believe the recent downturn in ETH/USD is fine and a mere overreaction, there are other speculators who are likely looking at Ethereum and wondering if mid-March support levels will falter. ETH/USD is the second biggest cryptocurrency after Bitcoin, and it remains highly speculative. The ability of Ethereum to climb within sight of 3600.00 in early April, only to fall to nearly 2760.00 on the 26th of April is a rather incredible price difference. Traders need to consider not only their risk management tactics, but their emotional fortitude to withstand price volatility.
However, most day traders of ETH/USD are not concerned with next week, they are concerned about tomorrow. In many respects the trend must be respected, because while it is easy to look for reversals, actually following the momentum of ETH/USD may be the more logical method of speculating for short term wagers. Technical traders may be looking at current support near the 2800.00 mark and believe if it falters that 2700.00 is a solid target.
If April rain does in fact bring May flowers, traders may have reasons to be optimistic and look for upside in ETH/USD, but this is not the weather we are discussing, this is the cryptocurrency landscape. While the move of Ethereum to early April highs was met by a firestorm of selling, the broad digital market also suffered a downturn too. And the long term bearish trend which has dominated the cryptocurrency landscape since November of 2021 has reemerged with a dangerous thrust. If current support levels do not hold and ETH/USD falls through mid-March support, more nervous sentiment can certainly develop.
An ominous sign for some technical traders may be the knowledge that February prices of ETH/USD were worse than March lows. A depth of nearly 2300.00 was seen on the 23rd of February. This value is far below mid-March support which is closer to 2550.00 on an averaged basis. However, if these mid-March prices are challenged, February’s lows will come plainly into view and even perhaps price targets for some traders.
ETH/USD Outlook for May:
Speculative price range for ETH/USD is 2150.00 to 3675.00.
Current support levels are dangerous and should be monitored in ETH/USD. If Ethereum fails to sustain upwards momentum and keep its price above the 3000.00 mark for a solid duration, this could cause bearish traders to believe another leg down is going to occur. The next week of trading in ETH/USD is likely going to be volatile because of the nervous sentiment being generated with risk assets globally, such as the NASDAQ 100 stock index. While it may seem farfetched to mention this potential correlation, a look at long term charts of Ethereum and the NASDAQ 100 are worth a glance to gain a perspective regarding behavioral sentiment.
If ETH/USD should fall below the 2700.00 mark this could spark more selling. Short term traders should not be overly ambitious and use take profit orders, so they do not suffer from the potential of wicked reversals creating havoc with profits that are not cashed in and are simply made to vanish. If negative sentiment continues in the broad crypto market, ETH/USD could certainly test lower depths.
Bullish traders are still within the cryptocurrency sphere for a good reason, they understand reversals higher often occur after wild selloffs to the downside. However, short term buyers should be extremely cautious. The trend lower is not a joke. Momentum upwards should be waited on by more conservative traders before attempting wagers. Perhaps a move above the 3100.00 mark could signal a solid change in direction. Some traders may believe only a move above 3400.00 can be viewed as positive idea for future trend.
Ethereum Idea D1Here is my view for ETHUSD on D1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETHUSD Full Analysis , 2 Long Setups After 4h Closure Valid !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
ETH/USD Multi-Timeframe & On-Chain Analysis !Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Ethereum Idea H1Here is my view for ETHUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETHUSD not going up anytime soonETHUSD building up liquidity at the low levels. This is necessary in order to take price higher. Unfortunately, ETH is not going up anytime soon, not before revisiting the 1500-2000 price range. At those levels I would seek long entries. Meanwhile, I would be shorting against all longs.
Ethereum Idea H1Here is my view for ETHUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETHUSDDue to the downward correction trend, more can be expected than the specified area of oscillation in the rectangle
ETH/USD ShortETH/USD Short.
Into higher timeframe resistance.
Target is a moving average so will be tracked up over time.
1:1 RR
ETHUSD Prediction H1Here is my view for ETHUSD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETH/USD Multi-Timeframe & On-Chain Analysis ! Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
ETHUSD Prediction H1Here is my view for ETHUSD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETHUSD Prediction H1Here is my view for ETHUSD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETHUSD Prediction H1Here is my view for ETHUSD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Ethereum: Snake Charmer 🐍Like a snake captivated by a snake charmer, Ethereum is sprawling upwards to the resistance at $3412. There is a 38% chance that Ethereum could be enthralled enough to cross this line immediately. However, we rather expect it to coil up in the orange zone between $2402 and $1861 to finish wave ii in magenta a bit deeper, before darting upwards above $3412 and higher still.
ETHUSD Prediction H1Here is my view for ETHUSD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
