Ethusdforecast
ETHUSD Longing OpportunityETH is testing strong Daily support area.
A daily close above 1900 would open the door to the 2500 and 3000 area, and if it closes below the 1900 area our next targets would be 1600 and 1400.
Comment below your opinion.
Good luck to you!
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Stay tuned.
This is just an idea, not financial advice.
Ethereum/US Dollar Bearish BiasEthereum/US Dollar.
Our bias is still bearish for this pair. we want the price should come down to retest the 1500 Level, This was a previous high, So once the price retest this level and this level get respected then we look for the buy option for another bullish leg. So let see how the price reacts to this level and we look for the buy option accordingly.
This is not financial advice. It is just an idea, the Market can go in the opposite direction. So we have to follow proper risk management parameters.
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.
ETHUSD crash will startHi there,
ETHUSD looks topping here, with a bearish pattern about to start, this is the classical bearish pattern to trap in more bulls right at the top before the downfall begins.
Watch lower timeframes for entries,
Good Luck
ETHUSD analysisIs ETHUSD about to make a move? It's in a range, and I'm looking for the breakout. The question is, down or up? Explore and analyze it with me...
New ATH for Ethereum! Next target 4900 Based on Fib levels, next upside target now is 4900. Support levels 3450 short term, if failed then 3350 and 3150. If closed below 2952 would be time to look for other coins.
I just sold my ethereum - ETH/USD multi-timeframe analysisI just sold my ethereum - ETH/USD multi-timeframe analysis and historical backtest pattern.
the same pattern was in 2018!
and it repeats itself in 2021!
so I decided to sell my ethereum right now and follow the strategy of "W" formation.
that doesn't mean ethereum will continue down to be zero!
I'm trading not investing .. a big difference.
I just want to earn profit from this pullback.
#ethusd #crypto #ethereum
ETH Ready To Steal The Show Again? - UPDATEThis is an updated cleaner chart to my original ETH post on 4/3/2021. A weekly close above this historical resistance would be very good this weekend.
Click the link/chart for the original post:
Remember, be patient, stay level-headed, non-biased, and ahead of the crowd.
Ethereum- I expect break and accelerationWithout any question, Eth was very strong during this crypto sell-off, and each time Btc made a new lower low, Eth made a new higher low, indicating that bulls are very strong here.
At this point, EthUsd is trading in strong 2500-2550 resistance and I expect a break to the upside sooner rather than later
Considering the strong bullish pattern, EthUsd should accelerate up after the break and reach 3k target pretty quickly
Ethereum showing bit of weakness, where is the support ?After making new high couple of days back it rejected the previous high price and tried to find support at 2060. Nearest support is the trend lines and 2132 level. If that fails, it may start correcting to 1900 level. Support levels en route are 2050 and 1965. However before it goes further down, most likely it will test 2350-2360 level. Close above 2370 would be a sign that bulls are back again. Close below 2132 would indicate bears are in charge.
Ethereum- Best crypto to own these days?I was bearish crypto market and Ethereum for this fact, but I said multiple times:"trade what you see, not what you think", and when it comes to EthUsd I don't see bearish price action, on the contrary.
Indeed, here also we had a sell-off, but we don't have lower lows like in Btc for example. What we have is strong reversals each time the cryptocurrency is close to 2k
More, at this point, EthUsd is trading back above 2.2k and is carving a higher low.
As I don't expect 2018 all over again in the crypto market and I think this is a deep but normal correction, in my opinion, eth is the crypto to own.
That being said, dips from this point represent good buying opportunities and we really can see EthUsd at 3k once the selling pressure lifts off from BTC.
As a speculator I'm used to thinking in risk:reward terms so:
A buy at 2.2k with a 10% SL and a target of 3k(35%) would have 1:3.5 R:R
Best Regards:
Mihai Iacob
Ethereum is cooling off. What levels can it find support?As all major cryptos are taking rest this weekend, I see these support levels.
ETH 1D When there will be Ether per $350, the answer is in ideaNot soon...!)
Congratulations to all Ethereum lovers with the update to the absolute high.
As we can see from the chart, the price has been moving upward in a channel for almost a year.
Throughout 2020, the ETHUSDT price moved in the lower part of the channel, but already from 2021, the price fixed in the upper part of the channel.
Now all the attention of ETH investors is focused on the launch of ETH trading in CME futures on the Chicago Stock Exchange, which will take place on 8 February 2021.
We wonder if there are any bookmaker's predictions of what will be revealed more with the opening of trading: shorts or longs? :) What do you think? Write in the comments.
Our opinion is that by 6-7 February the price will be driven up, probably, even despite the behavior of BTC.
Levels for fixing longs ETHUSD $1750 - $1900 - $2150, of course, for those who want, we do not force)
But closer to 8 February, they will try to strongly push those who think that #onlygoingtobemoreexpensive and does not even imply a correction.
The target for the correction is a retest of the previous high in the range of $1400-1440.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
ETHUSD Short Formed W SpottedHello everyone, if you like the idea, you can support with a like and a follow.
Here we have a target from a short formed W.
It is important the resistance (blue line) to break successful for the target to be reached.Otherwise another path might formed (the red one).
Be cautious on trading breakouts they don't have the best Risk Reward Ratios, and most of the times they are fake outs before the real move.
But you have nothing to fear if you use stop loss and low leverage, in 3 words Manage Your Risk.
It's better to trade this one on Bigger Time frames to avoid any fake out moves.
Information provided is only educational and should not be used to take action in the market !
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post, have a great day, wish you all the best !
ETHUSD looks promisingEthereum has reached the 2.000 support after an initial break... We expect a continuous uptrend, maybe after a short-term downtrend to the previous support
ETHUSD: Wait confirmation before enter shortWe wait a break of uptrend line before go short. A descending channel in formation
ETH/USD LONG Set Up after testing $1706Ethereum (ETH/USD) weakened early in today’s Asian session as the pair depreciated to the 1750.63 area after trading as high as the 1893.75 area during the European session, with the interday high representing a test of the 78.6% retracement of the depreciating range from 2041.42 to 1356. Stops were elected below a series of downside technical support levels, and technical support finally emerged just above the 61.8% retracement of the appreciating range from 1493.28 to 2041.42. Chartists note this area was also just below the 50-bar 4-hour simple moving average. Stops were also recently elected above the 1930.40, 1957.36, and 2017.05 levels during the appreciation, areas related to historical buying pressure around the 215.16, 370.50, and 176.43 areas. If ETH/USD extends its upward strength, additional upside price objectives include the 2080.48, 2134.98, 2150.66, and 2210.42 levels.
Some areas of potential technical support during pullbacks include 1403.13, 1205.96, and 1008.79, with stronger technical support likely in place around 1296.30 and 1066.14. If ETH/USD extends its recent depreciation, potential technical support includes 1285.87 and 1205.96. Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).
Price activity is nearest the 200-bar MA (4-hourly) at 1719.53 and the 200-bar MA (Hourly) at 1809.35.
Technical Support is expected around 1285.87/ 1205.96/ 1128.29 with Stops expected below.
Technical Resistance is expected around 2080.48/ 2134.98/ 2150.66 with Stops expected above.
On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage.
On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.
Title/(Date): ETH/USD Long Set Up
Asset:CRYPTO
Order Type:Market buy/ Buy limit
Time Frame:1D
Entry Price 1: $1,718.00 (Active)
Entry Price 2: $1,704.00 (Pending)
Stop Loss: $1,688.00 (300 Pips)
Take Profit 1: $1,748.00 (300 Pips)
Take Profit 2: $1,818.00 (1,000 Pips)
Take Profit 3: $1,868.00(1,500 Pips)
Take Profit 4: $1,918.00 (2,000 Pips)
Take Profit 5: $2,018.00(3,000 Pips)
Status: 🚨Pending🚨
ETHUSD Broke Nearest Resistance (1880.00)Price testing this level as support now. In my opinion ETH can pull back and continue uptrend. If this will happen, we will have good chance to open long position. Next resistance (2045.00) can be our target.
ETH WILL HIT $2400 USD VERY SOON. The Eth Chart is so simple to read. A simple break and retest of the old 2018 ATH's. This will hit $2400 very soon. A simple retest f the 50% fib level. Momentum to the upside is very strong still! Follow us for more upcoming forecasts and trade setups!!
