ETHEREUM: LOOKING GOOD.Hello traders, here's a quick scalping long trade set up on ETH.
I went long on ETH at $1319 and will surely accumulate the bottom.
Entry level between $1294 to 1332.
Stop Loss at 1271.
Target around $1376 to $1400.
Note: This is a short-term trade set-up. Invest only if you have done your research on it cause this is not a financial advice. I am just a T.A guy to help you with my analysis. So, do not rely on one source only, research, compare, analyze and then invest.
Trade safely.
Ethusdlong
Buying Ethereum breakout!Ethereum - Expiry tomorrow 8am UK - We look to Buy a break of 1401 (stop at 1347)
A higher correction is expected.
Bespoke resistance is located at 1400.
A break of bespoke resistance at 1400, and the move higher is already underway.
We are trading at oversold extremes.
1397 has been pivotal.
Our profit targets will be 1529 and 1559
Resistance: 1350 / 1400 / 1450
Support: 1300 / 1270 / 1250
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#ETH/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH UPDATE:-Bitcoin wasn’t the only token impacted by Powell’s comments, with Ethereum (ETH) also trading lower in today’s session.
The world’s second-largest cryptocurrency fell to an intraday low of $1,267.87 on Wednesday, hitting a one-week low in the process.
Following a string of bearish sessions over the past fortnight, ETH/USD has recently moved into consolidation territory.
As can be seen from the chart, this has been between a support point of $1,230 and a resistance level of $1,300.
It seems that this sideways action has helped to curb a high level of bearish momentum, with the 10-day (red) moving average appearing to have found a bottom.
Should this be the case, it is likely that we will see further consolidation in the coming weeks, with the potential for a rally at some point in October.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
EHT - Buying SignalBYBIT:ETHUSD
D time frame
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Ethereum did a 2B pattern on day chart, also forms a descending tunnel here.
Further, we predict it will consolidate for a while here then pump until hit the upper downtrend line(~1570)
so we can long here or take long when it retest the lower downtrend line.
Jamie Gun2Head Trade - Buying EthereumTrade Idea: Buying Ethereum
Reasoning: Pretty decent support level, price stalling here
Entry Level: 1284
Take Profit Level: 1396
Stop Loss: 1248
Risk/Reward: 3.11:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
ETH / USD LONG I like ETH back in the $850-900 range for a long... probably November or December... target at least to 38.2 retracement of the entire down move from ATHs (~1700)
Trade Plan:
Size = S = 5% portfolio
Buy:
S @ $910
Stop:
S @ 780
Sell:
.5S @ 1625
.5S @ trailing stop at the last higher low of biggest time frame with established trend.
ETHEREUM: SYMMETRICAL TRIANGLE BREAKOUTHello traders, here's a quick update and trade setup on ETH in an hourly candle.
We can clearly see a nice symmetrical triangle breakout in ETH which looks good. Scalping ETH with a target close to $1400 will be a good call. Breaking down below $1290 will invalidate the trade setup.
Should you consider taking this trade? Well, that's up to you and your research. If you find it convincing and are willing to take risks then you can jump in with a tight SL.
Note: This is a scalping trade setup. Do not consider this financial advice or a long-term trade setup.
All the best.
ETHUSDT - Inverse Head and Shoulders Pattern!!ETHUSDT (4h Chart) Technical analysis
ETHUSDT (4h Chart) Currently trading at $1349
Buy level: Above $1340
Stop loss: Below $1260
Target 1: $1380
Target 2: $1475
Target 3: $1550
Target 4: $1660
Max Leverage 3x
Always keep Stop loss
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#ETH/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH UPDATE:-Despite the bullish fundamentals of Ethereum’s merger, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days. At the time of this post, ETH managed to find some support at $1,250, but this level remains fragile.
The resistance is not far away at $1,400, and bears will likely come in strong if the price manages to rally to that level. Unfortunately for the bulls, the buy volume is just not there to push the price higher. With the weekend around the corner, the volume will likely drop further, and it’s likely that we will have to wait for Monday for any significant volatility.
Looking ahead, ETH seems more likely to remain in a downtrend. Only a clean break above $1,400 could reverse this negative bias. The indicators on the daily timeframe also give a bearish signal, and this is unlikely to change any time soon.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETH/USDT :: Couldn't break 0.6 !!!ETH/USDT :::
Blue channel:
The channel has been broken and its ceiling has created a strong support that the price has tried to break several times but has not yet succeeded.
Yellow channel:
It shows the movement path formed after the break of the blue channel.
If it is broken, the channel will lose its credibility.
Green channel:
shows the possible range that is valid for a few days.
Ethereum Is Rejected | Now Watch out For Inverse H & SHi friends hope you are well and welcome to the new update on the Ethereum coin.
Big wedge formation:
On the weekly time frame Ethereum has entered a very big falling wedge pattern.
Priceline found the support of this pattern in the month of September 2021 then got 1st rejection by the resistance of this pattern in the month of November 2021, then again drop down at the support in the month of January 2022 and rejected by the resistance in the month of April 2022, finally, the priceline again dropped at the support of this wedge in the month of June 2022. Then Ethereum started another rally from June to August 2022 and after the rejection of August there was a price correction, and recently the price has again reached resistance but it is likely to be rejected once again. One thing is for sure, in order to start a big bull run Ethereum needs to breakout this huge wedge pattern.
Broke out a channel:
On a daily time frame, while moving inside the big falling wedge pattern Ethereum has also formed a down channel and already has broken out the resistance of this channel. The target for this break out is approximately at $3,500, however, so far the priceline is not able to reach the target for this break out from the channel because it has been stopped by the resistance of the bigger wedge pattern.
Inverse Head & Shoulder:
On the daily time frame, Ethereum has also formed an Inverse Head & Shoulder pattern. The right shoulder can work as strong support which is at $1400. If this support will be broken down then there can be a big drop expected up to the long-term support of $880 and there is also the support of wedge as well.
Conclusion:
In the short term, the priceline is testing very critical support of the right shoulder of the Inverse Head & Shoulder pattern. If this support will be broken down then price can drop to test the support of the falling wedge pattern and the long-term support of $880, however, in the long term, Ethereum has formed a very big bullish biased falling wedge pattern, and eventually, the priceline can break out the resistance of this wedge. Once Ethereum will be able to break out this big falling wedge pattern then the target can be the top of the wedge which will be approximately $4500.
Ethereum - My take in SeptemberSince the target of the “Ethereum to $2k” idea was achieved there’s been a lot of messages asking, what’s happening? As price action collapses the tensions rise. Two things occurred:
1) The majority asking the question do not have a strategy. You will always lose money without one.
2) The majority asking this question do NOT have a strategy. Now I realised I’ve repeated myself but it is such a huge fundamental point I thought it was worth mentioning twice.
On current price action…
For the bulls. You do not want to see a weekly close below $1420. IF that happens, if a candle body closes at this level, it is months and months of downtrend towards $1000
ETH daily chart, yes it bounced bullish, check it outETH daily chart...Of course the Merger happened
from "proof of work" to" proof of stake" and so
far so good and the blockchain is running great.
Im looking for Institutions to begin coming in
from now on out. I also see ETH flipping BTC in
the coming few years. So take a look at the candle
hitting the trendline and looking for a bounce up.
If it breaks below $1405 mark, the supports are
listed. The RSI is looking bullish as well... Unless a
blackswan event were to happen, i believe we have hit
the bottom back where I listed it. Personally
if ETH drops under $1k im backing up the truck
but i do belive we have bottomed out. but we
will see...Ill try and keep this chart updated.