Ethusdlong
$ETH critical Area! BEWARE!!!!!!!!!!!$ETH has broken the monthly trendline, so it should make a HL that's the point you must caught the best LONG opportunity. For Now, it is making a CUP & Handle pattern but I usually don't like these kind of patterns because they mostly get failed so the situation I'm thinking about "if the brown line which is daily trendline if that breaks short with 3x-5x and stop loss above the top wick!
1st Scenario (only if you like patterns): CUP & Handle breakout retest - LONG
2nd Scenario (if you are using STEEL STEPS which I prefer the most): Daily trendline break - SHORT with 3x if you dont want to wait for LH. If you can wait for LH short with 5x - 10x
ETHERIUM 4HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Uptrend in green color (Internal Uptrend and long term uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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ETHUSD: Positive outlook for ETH: Possible top at 10k to 14k! 🚀Hello my friends!
If we analyze Ethereum with the Trend Based Fibs Extension, a pretty clear picture appears.
On the last up, the correction to the 4 was in the Fib 0.5/0.38 area. This time we also corrected into this area. If we now apply the Trend Based Fibs Extension, we get a pretty clear target picture at minimum 1.618 (8,000 USD).
If ETH were to go to Fib 3.272 like last time, we would be at around 14,400 USD this time. If we calculate conservatively and we reach 2.272, the target point would be slightly above 10k. Lets cross our fingers! 😀
BTW: My Bollinger Band is here 350 Daily (StdDev 0.618, 1 and 2).
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Let's see what happens.
Happy trading. 😀
BTCINVESTING
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ETHEREUM BROKE THE PATTERN BUT STILL BELOW THE RESISTANCE.Welcome to my Ethereum update in 4 hours timeframe.
We have seen some bullish momentum in the market. Everyone is talking bullish about the market but just like BTC, ETH is still under strong resistance. In the last 32 hours, ETH has shown an 18% gain which is a strong move. The chart clearly shows a break out above the rising wedge pattern but ETH still needs to do a lot of homework. ETH is still under the resistance level of $3050 and $3400. These levels are important to break in order to confirm a bullish move. In order to confirm an uptrend or trend reversal, ETH has to go through a lot of resistance but for now, let's focus on the resistance levels mentioned in the chart.
I honestly feel uncertain here but I am biased towards ETH reaching resistance 2 ($3400) soon. I may be wrong and get invalidated but I am taking my chances.
What do you think about ETH? Where is it heading next?
Let me know your opinion in the comments and show your love by clicking the like button.
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Trade safe.
ETHUSD to MOVE LONGPress the Follow button for More Daily Detailed analysis. If you have any Questions, Please ask them in the comments section below.
Here we have our ETHUSD chart again on the 1D. We have seen this asset rally in an uptrend fashion over the past Two weeks. Each time we have called it long and we are now reaching some comfortable support on Dollar Weakness amongst the latest FED news. Ethereum has seen a large boost in Buying power and we are looking to continue the trend.
We have seen Recent price action which aids our longs bias. We can look to the north for an exit around our Previous highs Noted. Price remains in uptrend on the DAILY chart.
Long possibly Hello everybody
We have there a good market structure; we are in a bullish trend on the 4h time frame.
The price is now at 60% Fibonacci and probably it will go up to test the 60fib on daily chart.
For now we can go long.
This is only my idea;always use stop loss
What do you think about this idea?
Understanding when to buy Ethereum using the S&P500 !!! Guys,
Many people are unaware of the correlation between the S&P500 and Ethereum's prices movements in the markets.
This trend has been strong since March 2020.
In this video, I will show you how you can use monthly volatility swings in the S&P500 as your buying opportunity for Ethereum as the percentage gains in Ethereum are 24 times greater than the S&P500.
Enjoy this video :)
ETHUSD 2/3/2022 OutlookCurrently I am still hodling ETH
My view on the left side of this chart shows a double bottom along the 50% line of a used indicator.
I have been watching the chart on the right (monthly) for a little bit now and see a preceding small pullback, which "soon" will be followed with a MASSIVE green candle, just completely disregarding this recent dip buy opportunity.
I see ETH going to at least 8 - 10K, perhaps even further.
Ethereum 1hr SupportEthereum - Intraday - We look to Buy at 2374 (stop at 2291)
2300 has been pivotal. We are trading at oversold extremes. Bullish divergence is expected to support prices.
Our profit targets will be 2595 and 2615
Resistance: 2550 / 2600 / 2720
Support: 2370 / 2300 / 2160
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ETHUSD longer TargetFor More Daily Detailed Analysis, Don't forget to click on the Follow button. Also, if you have any Questions, Please do ask them!
Here we have our ETHUSD chart.
We are seeing a pullback on the recent upmove. We previously looked long on ETHUSD and we are looking to continue our long bias.
On Lower TF's we are seeing a dip to comfortable support. We can look long and exit at the eclipse symbol area.
ETHUSD / LONGSFrom what i can see price is currently sitting in support and has formed a pin bar on the weekly chart - very strong indication that the direction is going to change, could just be a pullback before dropping but will have to wait and see
At the very least we can grab a small move on the way up