ETHUSD PRICE ACTION..Don't forget to Click on the follow button for more Daily Detailed Analysis. Please do ask any questions in the comments section should you have them!
Here we have our ETHUSD on the 4H Chart..
Rip Roaring movement yesterday saw most assets fluctuate between support and resistance levels. Most gains were Re-recovered partly after these moves. Nonethless we exited at targets and have a newly formed plan..
If you are looking to the longside on the current new uptrend, it is ideal to get long on a fall to some comfortable support. NOTE that is if we can get there. There is no point in entering any longs too late.
Look to exit at the eclipse symbol area.
Ethusdlong
#ETHUSDT 100% Accuracy so far, What's next?Welcome to this quick update, everyone.
As per my last chart, ETH dropped to our buy zone and we bought both on spot and leverage.
The average entry is around $2885.
The next resistance is around $3200.
A break and close above this level will trigger a rally towards $4000.
The pattern is playing out perfectly.
So this is my plan:- I'll be holding positions with SL around $2936 with a target of $3860 to $4000.
What's your plan?
Let me know in the comment section.
Also, If you like this chart, do hit the like button and share your views in the comment section.
Thank you
#PEACE
$ETH critical Area! BEWARE!!!!!!!!!!!$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?