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Ethusdforecast

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.
COINBASE:ETHUSD
by trdnvestor
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
BITSTAMP:ETHUSDLong
by Mihai_Iacob
30
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. _______________________________ 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 :)
by P_S_trade
35
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 !
COINBASE:ETHUSDLong
by AM.98
7
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🚨
COINBASE:ETHUSDLong
by MavRich_Trading
2
ETHUSD - Buy Entry - D1 Daily ChartETHUSD - Buy Entry - D1 Daily Chart Buy @ Current Market Price Stop Loss @ 0.5% to 1% of your Account Balance Please support the idea with a Like 👍 Follow me to receive updates of this analysis, plus new ideas ✅ Thank you for your support 😊 Wishing you successful trading 🙏 ------------------------------------------------------------------------------------ 🔺 DISCLAIMER 🔺 The content of this analysis is subject to change at any time without notice. 🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions. 🔺 You must do your own research to create your own trading plan for the market. ------------------------------------------------------------------------------------
COINBASE:ETHUSDLong
by UnknownUnicorn5418842
5
Plain and simple ETH analysis TODAYAsian Market has been a little rough during the night. BINANCE:ETHUSDT Things might not look good for ethereum regarding fundamentals, as CZ is trashing it and "fud"ing ETH on a daily basis. Though, guys, ETH is not going anywhere, it might perform a little weaker than expected, but there is still a lot of room to grow. Thing is , we are still in for boring sideway action between the 1300 / 1540 range Support held well, it's just everybody is in doubt and fearfull. Right now, you all need to chill, this is nothing but a little needle prick. 3 Bullish divergence are building up on the RSI also, (common to bitcoin chart) and this might indicate a much stronger bounce than expected But as a day trader, this is the right occasion to remember to always take profits, and stay out of the market once it's done. You want to remain a calm observer, with 0 emotions. And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure. I would recommend to use 0 to 1/4 of your position on leverage, not more, right now. See you all tomorrow, and don't forget to smash that like button !
by Copytrade_TV
1
ETH- More bearish than bitcoin, it can dive to 1k zoneYesterday, following bitcoin's lead, Ethereum took also a hit and dropped hard. This drop cleared the rising wedge support, a trend line that kept the price elevated for a 100% gain. At this point, this break is confirmed and 1800 is extremely strong resistance. As in the Bitcoin case, rallies should be sold and, from a technical perspective, ETH could drop to 1k target of the pattern. EthUsd back above 1.8 would negate this scenario
COINBASE:ETHUSDShort
by Mihai_Iacob
77