Ethusdidea
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
EthUsd- You missed by an inch, you missed by a mileTwo days ago I said that I'm bearish EthUsd and I'm looking to sell
Unfortunately, my trade was stoped with a loss, but this didn't make me change my opinion nor the price evolution gives reasons for bulls to be happy.
Looking at the chart we can see that Eth has risen in a channel and made a new ATH, just to quickly reverse and drop under the channel's support.
The structure at this point is very bearish and the new ATH is an important top that I believe will hold for quite some time.
IMO rallies should be sold and 2350 and 2500 could be zones of interest
My first target is 2k
Eth has reached my sell zoneAs I expected, EthUsd had (in my opinion) a corrective jump after the steep losses.
Now is trading above 2300, which represents my sell zone.
As I said before, I expect a new leg down from Ethereum and a new challenge of 2k support
A consistent break above 2.4k would negate my scenario but, as a speculator, I would take a 1:3 R:R trade any time of the day
Ethereum Linear Regression DailyWith a strong R value of 0.85, this is a strong linear regression trend
I find 2200 a nice entry point, just above the middle of the regression trend (for traders)
Ethereum price looks very healthy, with a wick extending to the top of the Gaussian Channel
Weekly ETH looks just as good
Digital Diamonds !
Ethereum- I'm looking to sell for a new leg downLike all crypto market, Ethereum has dropped hard Saturday night and spiked down under 2k important figure.
As normal, a recovery followed and, at the time of writing, is trading at 2250.
I expect a new leg down, and I'm looking to sell around 2.3k
A sustained rise above 2.5 would negate this scenario
ETHUSDt (detailed analysis)Hello friends.
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Everything on the chart!
Detailed analysis for u.
How look current situation on market for me?
If my markup is right we are in (4) wave - triangle.
target zone still 2470-2550
Good luck.
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It's not financial advice.
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Dont Forget, always make your own research before to trade my ideas!
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ETHUSDT Resistance BreakoutETHUSDT (1H Chart) Technical Analysis Update
Resistance breakout
ETH/USDT currently trading at $2200
Buy-level: Above $$2205 (only buy if 1h candle closes above the resistance line)
Stop loss: Below $2140
Target 1: $2260
Target 2: $2300
Target 3: $2500
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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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 :)
ETH 1D Long takes was fixed, are we going for a correction?Two months have passed since the publication of our previous global idea, ETHUSDT, and you can check its development from the picture below.
All three goals from the global idea for fixing longs on Ethereum have worked: the maximum target is $2150 - the maximum price of ETH is $2151
By the way, all the growth took place on falling trading volumes, which is not good.
In parallel, when a global idea was working, we also made local ideas for ETHUSDT, which, if desired, can be found in our list of published ideas.
What awaits us now in the ETHUSDT trading pair?
- It looks like a correction to $1,750 i s very likely, and near this level, the future of the ETHUSD price for the next 1-2 months will be decided.
- If buyers have the strength to protect the level of $1,750 from the strait below, then it will be possible to start dreaming about ETH at $3,000
- If at the level of $1750 the sellers show that they have completely seized control of the market, then we can expect $1100 for Eth
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
ETH/USDT : Full direction on AprilBINANCE:ETHUSDT
Hello everyone 😃
ETH has moved above 2K again !
There are 4 pressure zones, which can control movement before BTC,s big move.
I will mention the coordinates for better vision :
- Resistance zone located at 2073$ - 2093$
- Pressure zone located at 1973$ - 1994$
- Pressure zone located at 1912$ - 1932$
- Support zone located at 1840$ - 1860$
All of mentioned zones are critical for movement.
But major movement is still bullish; We just another correction Based on price action logic !!
📌 There's a possible chance for a shortcut on Higher TF !
If current pressure zone holds price, Then ETH will be able to break resistance zone and take hold above it.
📍 1850$ support zone is being very heavy cause MA 200 is joining it...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ETHUSDT Preparing a Ride to Mars!!#ETHUSDT (1H CHART) Technical Analysis Update
Waiting for the resistance line breakout
ETH/USDT currently trading at $1120
Buy-level: Above 2155 (only buy if 1h candle closes above the resistance lien)
Stop loss: Below $2040
Target 1: $2250
Target 2: $2400
Target 3: $2500
Target 4: $3000 Moon!!
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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ETH/USD : Next direction for trading BITSTAMP:ETHUSD
Hello everyone 😃
ETH had a new ATH and now it's moving below it.
Weekend is near and indicators are at their limits !!
So we expect a retest on nearest valid bullish trendline for ETH..
Funding is very high and it's not safe for ETH to take long at current level.
📌 There's a bullish trendline which is very sharp for movement so it won't holds price..
But it can be a good line for retest below it.
It will make good situation for scalpers to take advantage from it !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ETHEREUM - Consolidation has been wideHi everyone,
Let's take a look at our updated chart on Ethereum.
A wide consolidation (in range and timeframe) has been ongoing for the last weeks.
Fundamentaly Ethereum is trying to fight back against it's growing competition and the proclaimed Éthereum killers''.
The deal with Visa has boosted confidence on Ethereum
Can ETH remain the Queen after the King (Bitcoin)?
Will the proclaimed Ethereum killers'' end up taking painkillers?
Well, I don't know... Most likely the pie will be divided. I am still scepttical about Ethereum and prefer to explore other options.
the FXPROFESSOR