Ethusdcrypto
Ethereum- Is 1720-1750 zone strong support? Dream on!EthUsd has dropped again to support zone, and a lot are asking if this support is strong and if Ethereum will turn from here?
In my opinion, as in other crypto coins cases, for support to hold it would be too damn simple, and, to be honest, I expect a steep drop under.
Rallies above 1800 should be considered good opportunities for sellers and the next 1400 support could be the target
Ethereum- 2050 is strong resistance at this momentLike all the crypto market, Ethereum is not feeling well either
All rallies are clearly sold and EthUsd is pressing on 1800 zone support
A new wave of selling could clear this support and Eth could drop even to 1400 zone
2050 is strong resistance now and only the price back above this zone would take the pressure from the selling side
ETHUSD. A POSSIBLE SWING TO $2600This pair has just been there, not doing the most. It trends one day and ranges the next.
A key point to note is that now, price sits on a strong daily support area.
We can clearly see rejections in this area, and we just need to see this current higher low to be firmly established on the lower time frames (H1, M30).
Once that happens, we could see more upside swings to the area of $2600.
EthUsd can drop to 1800 againMy previous 1800 target was reached and from this support, Ethereun has started to rise again.
This rise is not impulsive though and looks near to an end
A break under trend line support would accelerate losses and 2600 zone should provide strong resistance.
I'm looking to sell rallies
ETHEREUM (ETHUSDT) IN A CONTINUATION of Bearish To $600Ethereum is a powerful tool in exchanger as a medium point of altcoin and liquidations. Without it, perhaps it can support other coins and altcoin to get what it takes today.
We are in the situation of bearish trend as the trend signaled its continuation of bearishness has comes to the next stage.
Right now as this article was written, the price of ETH is around $2,229. 1:12am GMT +8.
This is my diary. A journal to myself only. A note.
On the time of writing, many people is looking towards the Wyckoff cycle system trend.
The believes has been so much until that I back up the BTC from $28K to $36K. It almost to reach the 1 pack of magazine bullet.
In the anticipation, ETH trading from $1700 up to $2,229 in just 3 to 4 days.
This is my journal and diary to myself that the ETH is developing of the continuation of bearishness for the 2nd cycle while other stick to the wyckoff system trend.
For the past 3 days, the price was in the green section. Yet not confirmation since it is still in the ranging and a developing of its contination.
For the long term review on my personal believe, ETH will go bearish down to $600.
Worst case scenario down to $500 price area.
ETHUSD Expecting BullishOn the ETHUSD daily time frame, we can see it's now trying to break out the support level, but before that, ETHUSD must make some correction upside. We can see it already creates an ABC pattern where the C is still unfinished. So, we are going to open a Buy call here and expecting to fill the C level.
Ethereum- 3k should be very strong ceilingEthUsd has also broken the trend line support that kept the price elevated since 23 May recent low.
At this point, 3k should be a very strong ceiling and a retest of the broken trendline could provide bears a good entry point.
The recent low could be the target and only price above 3.1k would change my bearish outlook
Ethereum, ETH - important words about trading ETH now👇🏻We're in a range. As you know, opening a position when the price is in the middle of a range is the worst idea. Because your stop-loss is big. The best way, wait for the moment when the price will be near the low border or high border.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ETH - DEFINITION ZONE Definition zone.
We come with a movement without momentum.
BUT:
we are very close to the break of the marked resistance.
In addition, the daily MACD is about to cross. To define a bullish exit we must see a candlestick above the marked resistance.
It could be an ascending triangle but we must be absolutely careful.
ETH Will Bounce Back Towards 3200$ SoonHello Dear Traders,
Bcoz of btc dump ETH Declined 56%. This crash of eth was horrible and unexpected. now eth has reached to demand zone which is 2000$ area. i m expecting soon crypto market will retrace upper side. Eth will test 3200$ soon, whoever bought eth at higher price u can consider to exit at 3200$ zone.
Higher timeframe of eth is highly bearish.
Let's discuss Ethereum (ETHUSD) Hey guys,
Let's discuss ETH.
What do you think?
Does ETH start going up again or will it continue its way down for a little while?
If it goes down more, how far down you see it?
Are you holding, selling or buying at the moment?
Here's what I think,
ETH will touch the support 3582.00 a few times before it rises again.
My first ideal target is 4330 - 4380
Best of luck to all you traders.
Ethereum +120% profits since our call ... what for now?we already give it call on end of march that April will be amazing for Ethereum it was $1841 that time n already +125% till now 💸👌
(link of our call is in the related ideas section below this article)
congrats to whom followed us enjoy making profits ✌
what for now?
there is no a single weak indicator for Ethereum, let me make it for you more clearer:-
Ethereum is already flying above 10,20,50,200 EMAs.
Ethereum price hasn't been affected like other coins when market corrected last night.
Ethereum dominance is going up instead of going down like BTC, ETH dominance reached 19% right now on Coinmarket cap.
( dominance is flowing mostly from BTC to ETH before it goes to other alts)
Ethereum managed to keep its momentum while going up since it was $85 on march 2020.
Ethereum on a weekly Time frame shows so much strength, despite of the market correction ETH closed a complete green bullish engulfing candle which indicates for going higher n higher.
be patient for higher profits ⚡🤑
ETH causes mayhem amid sharp drop under $4,000Ethereum surprised many in the cryptocurrency market when it rallied above $4,000. It was song and dance for investors who have been patient with the pioneer smart contract token. An all-time high was formed at $4,216, allowing bulls to shift the focus to $5,000. However, the bullish momentum began fizzling out, leaving ETH with few options.
A correction ensued, forcing Ethereum to slide beneath $4,000. At the time of writing, the flagship cryptocurrency teeters at $3,790 amid an ongoing retreat. The reversal may continue in the near term based on the short-term technical levels.
Ethereum begins the hunt for higher support
The Moving Average Convergence Divergence (MACD) shines a light on the worsening technical picture. After rallying to 186, the indicator is dropping toward the mean line. Moreover, the MACD line (blue) has crossed under the signal line, insinuating that bears are in control and it was a possible time to sell the top.
The Relative Strength Index (RSI) in the same four-hour chart also shows that Ethereum’s gravitational pull is more robust than the bullish advances at the time of writing. A continuous movement toward the oversold region would call more sellers into the market as investors rush to take profits.
The hunt for higher support is in full force, especially with the zone at $3,800 broken. The following tentative anchor area is highlighted at $3,500 by the 50 Simple Moving Average (SMA).
Ethereum intraday levels
Spot rate: $3,790
Trend: Bearish
Volatility: High
Support: $3,500 and $3,100
Resistance: $3,800 and $4,000