My Other ETH Idea/FractalThe other idea & fractal that fits pretty well is this one. In the immediate short term, it would have us retrace into the 1558 demand zone and make a higher low before continuing higher. We would end up in the last fair value gap on the upside that needs to be filled, which also coincides with the macro GP from ATH. You can also take the measured move and it lands right in the same place.
Ethusdlong
Ethereum Update | ETHUSD3 things happening in ETH
1. We are currently breaking out of the down trend since Dec 2021. Clean breakout.
2. Mini inverse H&S forming for a breakout towards ~$2000
3. If we break out to wards ~$2000 area we will then form a large Cup & Handle
Although doom and gloom everywhere this seems like a very likely scenario to me. Would be nice to get a Santa Rally
Etherium - We see a resumption of buying.Yesterday closed the day with a weak buying bar with a selling tail, which tells us that there is a buyer and that sellers continue to press the price. But the second cryptocurrency's price rebounded 3.5% today (at the time of writing this post). The U.S. non-farm payrolls data is coming out today (forecast
250K), which tells us of increased volatility. In order for the price to continue to rise, we need to remove liquidity, to go for stop loss losses of the longs. Perhaps we will see a spike to the bottom with a quick buyback of the asset. This is my subjective opinion, no matter how it is, but the market is always right.)
If you like the idea, do like it. That's the best "Thanks!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Please pay attention to the previous idea and feel free to share your opinion in comments.
ETHEREUM Is Confused...But The Price May Rally.Hey trader, I hope you're having a profitable week and ready for NFP!
As you can see, the price is bullish running in the double bottoms L2 and above the bullish crossed short-term MA's. It is preparing to rally for the patterns L3 and 200 MA (that is not visible here but on my MT4 chart). We'll get the confirmation once the price has bullishly closed and retested above the Daily H&S Neckline and 8 MA. However, our signal can be rejected because the price previously bullish broke and didn't retest the 1st Monthly Key Lvl, Mini Weekly H&S Neckline together with the 50 and 21 MA's; which gives us a bearish target that the price might anticipate.
With that in mind, take the trades at your own risk. This is not financial advice; I'm just sharing my point of view. If you decide to take the trade and lose, do not blame me but yourself!
That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section below or in private, I'd love to know your thoughts and connect ;-)
Stay Blessed Baby,
Sphatrades.
Etherium - After the release of important news goes to test the As expected, the U.S. Federal Reserve increases the interest rate by 75 basis points (0.75%). It is now at 4%.
On the background of this news we saw increased volatility in the markets.
The buyer failed to reach the local highs and the chart continued to move in the downward channel. Maybe this formation lures the market participants to the short for the further movement at the expense of their stop-losses.
If we do not see a resumption of buying at 1480, we can expect a test of the buyer at these prices: 1) 1360. 2)1220.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
The previous idea is still relevant, at any time we can see the resumption of buying.
ETH/USDT - LONG SCALPING-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ ETH/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Long)
Leverage: Isolated (5.0X)
Entry Orders:
1) 1609.65 - 100.0% (344.7864 USDT)
Take-Profit Orders:
1) 1633.5 - 65.0%
2) 1649.7 - 25.0%
3) 1723.75 - 9.998%
Stop-loss Orders:
1) 1574.55 - 100.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
Etherium is a successful exit from accumulation.At the moment sales are not visible, we move to the local targets. Correction is possible.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
In this idea this movement was predicted.
Possible Wave 4 correction done, Wave 5 now for ETHThe target zone all depends on what ETH decides to do here, we can still correct lower to the $1460 or $1425 range, but means that the bounce will be higher.
Wave 5 would be the 1.618 retrace of wave 4 which currently bring us to around $1665 which imo there is a lot of liquidity to be tested there.
RSI on the 1hr also is at lows, once it bounces and breaks the resistance trend line, expect moves higher.
ETH/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ ETH/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Isolated (5.0X)
Entry Orders:
1) 1305.59 - 100.0% (249.0279 USDT)
Take-Profit Orders:
1) 1335.89 - 75.0%
2) 1372.85 - 20.0%
3) 1551.8 - 5.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
EthUsd- Etremely important breakAfter more than a month of consolidation in a tight range between 1400 and 1250, Ethereum managed yesterday to break out and accelerated its gains to 1500.
This break is very important technically for 3 reasons:
1. The break is to the upside suggesting accumulation
2. The break of horizontal resistance coincides with the break above the falling trend line from the recent high at 2k
3. This break confirms 1200 as a higher low and very strong support from now on.
In conclusion, bulls are favored and I expect continuation to the upside.
From now on, buy dips can be a good strategy and an ideal zone for this is between 1400 and 1430 with a stop loss under 1200.
Targets are as follows:
1. 1750 the high from the recent leg down and an old support
2. 2000 the recent high and psychological level
3. 2500 important technical and psychological resistance and also 100% rise from the recent low, equal with the initial leg of correction from under 1k.
Etherium - accumulation continues.Locally, after withdrawal of liquidity from the lower boundary of the range, the price continues to move in a flat.
On this situation I can say that they lure the shorts for further movement at the expense of stop losses.
I consider the opening of a long position.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
ETHUSDT my Q4 trade setup for last trade of the dearLast ETH long trade for the year will start soo.
Curcial is to create the first bullish reversal pattern and to follow the white path. If we get the final bigger trend to the downside, it will be time for me to start a new trade.
Lets take a look in a couple of weeks if this one played out. All path lines are created with elliott mainly and as guidelines the s/r levels.
Cheers. ☺️
Buying Ethereum on dips.Ethereum - Expiry tomorrow 8am uk time - We look to Buy at 1266 (stop at 1239)
Support is located at 1260 and should stem dips to this area.
We look to buy dips.
We look for a temporary move lower.
Our profit targets will be 1336 and 1366
Resistance: 1340 / 1380 / 1400
Support: 1280 / 1260 / 1220
Disclaimer – Saxo Bank Group.
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