Ethereum- Correction could followFrom 1700 bottom, EthUsd has risen around 80%.
At this point, the coin is facing strong 3200 resistance and a correction would not only be healthy but is also probable.
My target for this correction is 2600 support
Ethusdidea
ETH Daily Analysis 7th Ausgust 2021As the chart tell us that ETH already break out 1767-2300 range zone
Eth also break out strong resistance 2860 which formed on May -June 2021
Clearly, Eth is heading to strong resistance around 3200-3300 which would confirm strong uptrend to 4100 zone.
Senario 1: Eth fail resistance 3200-3300 retest 2860 support
Senario 2: Break 3200-3300 , confirm strong uptrend, heading to 4100 zone
Do you have FOMO on ETH ? Everyone is talking about ETH these days...
Opportunities are not created by talking !
ETH/USDT Analysis 3000$Has completed the double bottom pattern price.The price after the pullback to the neckline of the pattern can rise up to $ 3,000. It has also broken the downtrend line. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
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 RETEST BUYTRADING SUGGESTION:
Now we looking to the market get bullish pressure,,so take a buy trade.G00D LUCK
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Ethereum buy the break of $2400Ethereum - Intraday - We look to Buy a break of 2412 (stop at 2346)
Pivot resistance is at 2410.
A break of bespoke resistance at 2400, and the move higher is already underway.
Prices have reacted from 1717.
Posted a Double Bottom formation.
Short term momentum is bullish.
Our profit targets will be 2596 and 2686
Resistance: 2400 / 2500 / 2600
Support: 2300 / 2250 / 2200
ETHUSD - BULLISH BREAKOUTDaily Timeframe.
ETHUSD breaking out from ascending triangle formation
Currently in the progress of flipping the range high into support, for further continuation.
Stops Placed below $1876 lower leverage play.
Targeting the 161.80% fib.
Offering a 6.95 to 1 risk to reward ratio.
Eth is looking very bullish, currently front running btc.
Follow it down and find a entry.
ETHEREUM BULLISH PRESSURETRADING SUGGESTION:
Now we looking to the market got continiue bullish moment,so take a buy trade.GOOD LUCK
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ethusd shortReasons :
1)touched the support level and started to bounce back(check today's candle)
2)price action analysis(check the chart)
3)yellow ema line has started to indicate down
2nd support level will be our take profit
as you can see i decreased the number of pips in profit because we want to hit our take profit perfectly without the market bouncing back
#ETHUSD looks prime here! $2500 Incoming ?Welcome to this quick update on ETHUSD
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Etherium looks really bullish as of now.
Just like the BTC chart, I posted a few hours back.
A healthy retracement would really be good for a sustainable rally towards $2800 breaking the 25k level first.
I've plotted the two scenarios I expect from here in the chart.
Scenario 2 seems likely.
What's your thought on this?
Do you think it will keep umping or retrace back for the 2k levels?
Do share your views in the comment section and do not forget to hit the like button.
#PEACE
Ethereum to 10000$
- Despite i don't like ETH for my own reasons ( cheap creation of scams coins, unlimited supplies, fees outrageous, lack of scalability, etc.. )
- i have to admit ETH stayed strong, it was the first real token and his popularity never stopped to grow.
- ETH 2.0 is coming and the standart now is to make more scalables "Green" Coins.
- That said Ethereum is not the kind of project that can die, a strong community is behind and it's open source.
- Bottomed multiples times and get strongly supported by EMA300 (violin EMA) around 1750$
- Final Target 10000$ - 11,000$+
Happy Tr4Ding !
ETHUSDT (1D CHART) - Trend BreakoutETHUSDT (1D CHART) Technical Analysis
ETHUSDT (1D CHART) Currently trading at $2181
Buy-level: Above $2168
Stop loss: Below $1702
Target 1: $2392
Target 2: $2880
Target 3: $3485
Target 4: $4181
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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💡Don't miss the great buy opportunity in ETHUSD @ethereumMidterm forecast:
While the price is above the support 1705.700, resumption of uptrend is expected.
We make sure when the resistance at 2910.700 breaks.
If the support at 1705.700 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 1719.100 on 07/20/2021, so more gains to resistance(s) 2035.000, 2178.000, 2346.350 and maximum to Major Resistance (2910.700) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 48.
Take Profits:
TP1= @2178.000
TP2= @2346.350
TP3= @2544.450
TP4= @2910.700
TP5= @3500.000
TP6= @4000.000
TP7= @4367.500
TP8= FREE
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ETH possible double bottom formingHi everyone,
As the title says, there is a possible double bottom forming on ETH. We also have a strong bullish engulfing on daily + 3D timerfames.
ETH could still pull back to around $1860 on the tomorrow's daily open
Feel free to leave some comments, thanks!
ETHUSD ACT FAST! "POSSIBLE ENTRY RIGHT THIS SECOND!!!!"ETHUSD ACT FAST! "POSSIBLE ENTRY RIGHT THIS SECOND!!!!" - Title and photo says it all, do your OWN RESEARCH before entrying trades, this is only an IDEA and is NOT GUARANTEED!
$ETH almost back to the greenBears could not drive price down further.
Triple bottom it is, would be nice to watch if bulls can drive price higher!
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 SHORT TERM BUYSAt the start of the day, we see some bullish sentiments on ETH. Would this last?
Short term, we could see some upside movements to $2050. After the bullish impulse, we have price correcting here.
We stay keened, watching out for price action around this level. If price breaks out of this correction, we could see this workout.
ETHUSDT (4H CHART) Falling Wedge PatternETHUSDT (4H CHART) Technical Analysis
ETHUSDT (4H CHART) Currently trading at $1906
Buy-level: Above $1917
Stop loss: Below $1834
Target 1: $1968
Target 2: $2037
Target 3: $2168
Target 4: $2264
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
ETHEREUM GO UP BUYTRADING SUGGESTION:
Now we looking to the market come to the support zone,wait to take a buy trade.GOOD LUCK
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TAKE A TRADE,SIT BACK AND RELAX
LIKE AND SHARE
