ETH/USD LONG SETUP(INVERSE H&S PATTERN)
Ethereum (ETH/USD) remained on the defensive early in the Asian session as the pair continued to orbit the 4250 level after establishing a series of lower highs following its recent new all-time high around the 4461.96 area. Stops were recently elected below the 4175.51 area during the pullback, representing the 50% retracement of the recent appreciating range from 3889.05 to 4461.96. ETH/USD finished October with monthly gains exceeding 40%, and year-to-date gains exceeding 475%. If ETH/USD regains a bid, some upside retracement levels include the 4408.87 and 4413.82 areas.
Additional upside price objectives include the 4491.60, 4504.01, 4523.05, 4633.03, 4793.70, 4895.12, 5035.94, 5060.87, and 5268.46 areas. Following the recent appreciation, downside price retracement levels and areas of potential technical support include the 4025, 3818, 3762, 3550, 3428, 3338, 3113, 3075, and 3035 levels. 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 50-bar MA (4-hourly) at 4201.38 and the 200-bar MA (Hourly) at 4202.50.
Technical Support is expected around 3515.25/ 3375.24/ 3235.23 with Stops expected below.
Technical Resistance is expected around 4518.94/ 4633.03/ 4793.70 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.
Ethusdidea
ETH pretty much GOOD, LONG & SHORT!I am just a beginner so please any pros, if you have any advice can you please give me whatever you would like to part with knowledge wise, I am all-ears, please. I believe in ETH, and I believe they will at least capture 2% of the total market share which I believe puts the stock price at $20,000 or more. If the video I watched done by world renowned economist blank, blank....can't remember his name but that is how he explained it. This was also a man who first came out as a champion for BIT and downed ETH, since he has changed his tune with all of the things that have transpired since...that video sold me but I was almost all the way there anyway. I am just gonna need some help and that is scary in the world today because I don't feel like I have a lot of faith in a good portion of my own population, let alone a country I know nothing about. Not to say trust can't be earned and anything can be worked out over time.
If anyone is wondering why I put this up again, it was because I tried to delete my other post on this and it accidentally deleted this one, this chart explains better what I feel about the future of ETH.
ETH/USDTB 4HOUR UPDATEWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
ETH/USDT analysis is head and shoulder and after Trend and break and inverse head and shoulder 100MA bounce and bullish signal and 100MA break after ETH/USDT is bearish
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
THANK YOU...
ETHUSDT , We are in buy zone ...Hello guys
According to our previous analysis , the market moved exactly to our way
At this time from the past we are in upward channel and we are near the base trendline and we need to take signal and watch carefully to take signal and take position and buy
Maybe it can break the base of trendline like BTCUSDT chart that we published but its not have high chance for it
Previous analysis :
Dont forget use stop loss and attention to money management
Be with us and sleep comfortably
Good Luck
Abtin
ETH/USD LONG SET UP TO NEW ALL TIME HIGHEthereum (ETH/USD) expanded its recent upside range early in the Asian session as the pair exhibited improving technical sentiment following the break of a recent relative high around the 4030.35 level. Stops were elected above some upside price objectives during the climb higher including the 4003.24 and 4151.87 areas, levels related to buying pressure that recently emerged around the 3373.45 level. Additional upside price objectives include the 4318, 4335, 4490, 4504, 4523, 4793, and 4893 levels.
Following the recent appreciation, downside price retracement levels and areas of potential technical support include the 3688, 3515, 3375, 3235, 3082, and 3035 levels. 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 50-bar MA (4-hourly) at 3794.86 and the 50-bar MA (Hourly) at 3908.54.
Technical Support is expected around 4000/ 3800/ 3700/ 3515.25/ 3375.24/ 3235.23 with Stops expected below.
Technical Resistance is expected around 4384.43/ 4518.94/ 4633.03/ 4840/ 5000 with Stops expected above.
On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.
On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.
What is the next station for ETHEREUM?
The given illustration shows data about a potential climb. If bitcoin breaks the MA200 strongly and keep rising, I expect that Ethereum will reach to 4200 level. So, first of all we need to pay attention BTC movement. If it happens and you are a mid-term trader, I suggest you take profits at the 4200 Ethereum level.If you are waiting to enter the best position, please do not panic and wait for TP1:2113.72 & TP2:1945.03 to enter.
NOT FINANCIAL ADVISE
GOOD LUCK.
ETHUSDT , Its moving as same as ...Hello everybody
I hope everyone is in profit
In here we have a upward channel like BTC that we published it and exactly happend and we expect that ETH is moving like BTC movement
Until the price is in this channel we expect the market is rising the price and moving toward the TP
You can buy in here or you can check again the area for taking signal then take in position
Bitcoin analysis :
Dont forget stop loss
Be with us and sleep comfortably
Good Luck
Abtin
Ethereum rally for ATH again?In this chart, there is a bearish pattern that breaks out soon. But there is a strong resistance zone which is a 4K resistance wall. Also during this bearish trend, there is a clear bullish pattern, most of the time that pattern breaks out the support line (That means the price will go down for beginners). If the price falls from 4k there is a very strong 3k support line. Let's wait for what happens.
Just an idea, not financial advice.
My ETH/USD Plan - Short Now, Long LaterWe are currently rolling over after hitting the neckline of this inverse head and shoulders. We will create the right shoulder and reverse to the upside when price hits the macro 0.618 which is perfectly confluent with the 0.5 level of the inverse head & shoulders. Any proper inverse head and shoulders should never pass the 0.5 line with the shoulders and the macro 0.618 reinforces the heavy support in that area along with the lower trendline. I'm currently short from the 0.786 line (marked in red) and I will take profits and enter a long at the yellow line. I'm expecting a mirror image from the other side, so the right shoulder should look something like a W/double bottom.
#ETHUSDT Looks ready for another rally after the retest!!Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
ETHUSDT Looks promosing here,
Broke out of the channel .
I personally accumulated ETH around $2900 and holding on low leverage.
I expect some retracement here $3045 to $3185 and then continuation.
Upper resistance levels are:-
$3333
$3325
$3615
$3900
IF ETH IS ABLE TO BREAK THE 4K AREA AGAIN, IT'S HIGHLY LIKELY WE WILL SEE A NEW ATH!!
What's your thought on this?
Do you think this correction is over?
Do you think ETH could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
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
ETHUSD idea and forecastWhere I see ETHUSD going on the four hour chart
I see great potential for a strong recovery from this recent fall
I expect a move up, being semi parallel to the (2-3) move
These are just my thoughts so take with a grain of salt
I am looking for the 8k range for a sell on ETHUSD
ETH/USD Will eth hit a new price ceiling by the end of the year?This chart is from 2016 until now 2021, when you see a long-term uptrend channel.In this channel, the price in the other channel is bullish, which Atrium still maintains.We know that September is the worst month for the market. The last 3 months of the year are the best month for the market According to ETH expectations, I can reach my long-term upward channel midline, which is $ 8,000 to $ 10,000.Due to the high output of the exchange, I can see a high price for it Are we still in the middle of the road, can we see more price? I have to say yes, my forecast is $ 8,000 to $ 10,000 by the end of the year. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
7K ETHERIUM BY NOVEMBER?This analysis strategy worked well prediction the BTC drop from 53K to 42K recently. Same strategy applied here and you can see the market is ready for BIG GAINS! I'll leave the link to the other IDEA here.
The chart is self explanatory. There are similarities in the chart patterns and RSI patterns from 2 different points in time which LAST TIME led to a "predictable drop" (BTC 53K to 42K)
If it follows the pattern precisely, we can IDENTIFY GOOD BUYING OPPORTUNITIES and SELLING OPPORTUNITIES!
ETHUSD - $5000 IncomingCOINBASE:ETHUSD
The next leg up and we shall hit $5k+
exactly $5120 is 1.618 fib level - very easy to long now.
TA: It hit the most recent and strong support 3 times if the see the current purple line price is around that area only.
Consolidated and we are ready for a the pump now. A few more days and we shall see $5k+
ETH potential patternHi everyone,
Today I would like to bring your attention to the possible pattern on ETH.
Take this as you will, but I think where we are now is eerily similar to 5th of September 2017.
Both in 2017 and recently we had a rising wedge consolidation with a massive blow off top forming after breaking up from the wedge.
The blow off then retested the bottom of that wedge as support, bounced and retested the ATH. After the retest of ATH we get a sharp correction and a test of formed bottom.
ATM we haven't yet tested the double bottom that was formed at $2400, and really there is no way of knowing whether ETH will get there. But if ETH does get to $2400-2600 range and holds that as support, I think there's a good chance ETH will target $10k and maybe more.
See the image below for the pattern in September 2017.
Please do leave a comment below,
Thanks.