Ethusdidea
ETH 1D pattern "Cup and handle" is worth readingIt is very likely that the model "Cup and handle" is formed on the ETHUSDT chart.
The cup has been forming for 3 long years, or 1095 days.
The ETHUSD price could not overcome the previous high of $1440 at the beginning of 2018. As of now, a high is $1350.
Given that BTCUSDT has updated a high of more than twice, logically, the ETH price should be around $3000, but it did not happen.
According to the formation rules of the pattern "Cup and handle" , the formation of the handle cannot last longer than 1/3 of a cup, ie a maximum of 365 days or a year until the next powerful impulse.
We already feel how we will be hated for such thoughts), because everyone thinks: growth, growth, only growth!
Ideally, the smaller the handle, the stronger the shot up. Therefore it is necessary to watch carefully formation of the handle, and to do it on the given chart it is necessary to like and to write the comment!
We assume two levels for the formation of the bottom of the "handle" - they are $470 and $350. The process of the price lowering there will be long and tedious, especially when most do not believe it yet.
We take this global idea as a basis and we will generate short-term ideas based on it, with targets closer.
For example, now the most logical fall to $800 or even to $600, from which we can expect a solid price rebound.
Another important condition in the formation of the "handle" is the volume: in the first half of the "handle" they must be low, such as reluctant fall, no one believes in it and does not sell.
As soon as you see that the average daily volumes begin to grow, it is worth thinking about buying.
Or even easier, follow us and we will tell you :)
Follow the market in cold blood, without rose-colored glasses and then your deposit will increase.
You are not the creators of projects to fanatically believe in them. You are traders - bought-sold, put the profit under the mattress :)
PS:
We wrote about a possible BTCUSD cost fall two days ago in the weekly digest, read it in full)
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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 :)
ETHUSDT - buy after pullback expectation of continued growth.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
ETHUSDT - waiting for the growthNovember 18 / I said to buy and saw that we would reach these zones.
I have compiled a chronology of signals below.
the trend is not over yet. I'm waiting for the growth to continue.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ethereum- towards 800 before a deep correction?Just after Christmas high, Ethereum has entered a consolidation stage between 700 and 750. Now the cryptocurrency looks ready for a new leg up towards 800 and with a BTC just under 30k a new wave of crypto-optimism is very probable. Dips should be bought and only a decisive drop under 700 would chance my bullish outlook.
Complex Spirals ETHETHUSD idea
Intersecting points in red can be seen to show bearish moves when reached, respecting the spiral
Primed above the spirals moving average, ready for bullish movement
Kinda like my previous ETH analysis but I felt it needed some fine tuning
Very bullish outlook for the future
ETHUSDT ( Waiting for the resistance level breakout)#ETHUSDT Technical Analysis Update
Waiting for the Resistance zone Breakout
ETH/USDT currently trading at $0.1580
LONG ENTRY level: above $620 (only enter long, If 1 hour candle closed above $620)
STOP LOSS: Below $595
Resistance level 1( Target 1): $647
Resistance level 2 (Target 2) : $668
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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KEY support levels to look for a bounce in this pullback*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Big Ethereum Rejection!COINBASE:ETHUSD
Today Ethereum got rejected for the 3rd time by the 620 Resistance line. This outcome wasn't peaceful, it dumped about 5% in just 1h. It did the same on the 2nd rejection. It is currently in a parallel channel, but when broken to the downside ETH could drop quite low in my opinion. Another attempt breaking the 620 resistance could be crucial right now. Hope for the best. Nice trading everybody.