Ethereum- Sell for a break of supportSince the recent 4k top, EthUsd is in a downtrend
In the last 10 days, the cryptocurrency has traded in a range between 3200 and 2750, and, in my opinion, the break will be to the downside.
3200 acts like strong resistance at this point and only price above this figure would mean that the trend has changed
My targets for short selling are 2750 followed by 2300 zone
Ethusdcrypto
ETH looking at minor pullback before shooting back upFinally Crypto good days are back.
ETH is also looking good on a 2H chart. It is moving in an upward channel and on the short term it is currently going through minor pull back.
I have highlighted the area of value which could be a good option to go LONG.
It will need to break current Resistance at 3189 before continuing its journey up.
EthUsd- Rising wedge is a warningLike all the crypto market, EthUsd also has had a good run in the past 2 weeks, gaining 1000usd.
However, the rise is not impulsive in nature, resembling an ABCD type correction and also is forming a rising wedge.
Confirmation for sellers comes with the break of the formation support with more confirmation once we have a break under horizontal one.
I'm looking to sell
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 $500 price area.
ETHUSD Expecting BullishOn the ETHUSD daily time frame, we can see it's now trying to break out the support level, but before that, ETHUSD must make some correction upside. We can see it already creates an ABC pattern where the C is still unfinished. So, we are going to open a Buy call here and expecting to fill the C level.
Ethereum- 3k should be very strong ceilingEthUsd has also broken the trend line support that kept the price elevated since 23 May recent low.
At this point, 3k should be a very strong ceiling and a retest of the broken trendline could provide bears a good entry point.
The recent low could be the target and only price above 3.1k would change my bearish outlook
Ethereum, ETH - important words about trading ETH now👇🏻We're in a range. As you know, opening a position when the price is in the middle of a range is the worst idea. Because your stop-loss is big. The best way, wait for the moment when the price will be near the low border or high border.
Write in the comments all your questions and instrument analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ETH - DEFINITION ZONE Definition zone.
We come with a movement without momentum.
BUT:
we are very close to the break of the marked resistance.
In addition, the daily MACD is about to cross. To define a bullish exit we must see a candlestick above the marked resistance.
It could be an ascending triangle but we must be absolutely careful.
ETH Will Bounce Back Towards 3200$ 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.