Ethusdlong
ETHUSD Analysis An analysis of the channel that has formed on the 4Hr chart for the ETHUSD pair
Price has moved cleanly through a point of resistance with ease, suggesting further bullish momentum and potentially breaking of the channel
ETH is a great pick for a long
The bars pattern is very speculative
Heres a longer timeframe / more detailed chart
ETH - My view, going to be parabolic?Hello Friends,
Was analyzing ETHUSDT, Very Interesting. Thought to share it with you.
ETH on a nice uptrend channel, forming new ATH.
I see couple of scenarios 1) Cup and Handle, breakout : Target : 6300
2) Channel top scenario : Could be around 18000$
I will explore with channel top scenario in future and keep you posted.
Have fund and enjoy the ride.
Daily ETH UpdateETh, somebody stop it! No wait don't. ETH has been so strong in the last week during this period where BTC has been in a short term correction. ETH literally only stepped out of it's uptrend for a day before being launched straight back into it. When it broke down it fell on three converging lines of support.
1. The top of the consolidation triangle (thick yellow lines).
2. Previous zone of demand (green box, better visible on the four-hour chart).
3. Purple trend line coming through from previous price action (sorry hard to show you on this zoomed in chart).
With all three of these now under the price action and the only thing above it being the previous all-time high I am very bullish on what ETH will do next. I'm loaded up on ETH and some other layer ones now and eagerly watching what happens next.
Ethereum (Long)A Long from here using the daily timeframe has a good Risk : Reward Ratio.
Don't go all in... Build position with time.
ETHUSDT short/mid term expectation Deep Crab Pattern .
Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.
Daily ETH UpdateETH has been trading in a range between $3900 and $4240 for five days now. All attempts by the bears to push it down below $3900 have been quickly dealt with by the bulls. I exited my positions in ETH on the 22nd after a sharp rejection from the all-time high. Normally I would have held the course and waited for further confirmation of the downtrend, however, BTC was looking like it was preparing for a bigger move down and I wanted to de-risk. In retrospect, it would have been better to hold. Risk management is like insurance....it costs you money and you only buy it hoping that you'll never need it. As I type this ETH on the 1hr chart is moving back into the upper supply zone. These a good chance of a breakout to the upside is near...
Ethereum Update 25/10/21: 44% from the 161.80% fibs @ $5,974Ethereum is currently only 22% away from the price target at the 127.20% fibs @ $5,068 and 44% from the 161.80% fibs @ $5,974...$6k ETH very soon 🎯🔥🚀, Since the buy signal triggered, Ethereum has grown over 30% retesting the ATH on the 21st October @ $4356. From this move ETH has retraced 5% and looks like it is ready for another retest and soon $5,068🎯
Our current ETH price targets from the current price:
127.20% fibs @ $5,068 (22% Gain)
161.80% fibs @ $5,974 (44% Gain)
261.80% fibs @ $8,592 (108% Gain)
423.60% fibs @ $12,828 (210% Gain)
Please see previous analysis below. Happy Trading :)
Update 14/10/21:Ethereum poised for a parabolic run Target @ $5k. A strong Buy signal was triggered on the Daily Chart (10/10/21) with the 13 EMA crossing up above the 50 SMA . We have been very patient with this move as a fake-out looked likely to form, from the current price level ETH is showing a clear breakout above the 78.60% Fibs, currently Ethereum is only 15% away from the ATH price in May @ $4361. This move to the 161.80% looks like it will be a very impulsive wave and may play out in 2 push phases. From the current price ETH is 42% away from the ATH , since the buy signal triggered ETH has grown over 18%+.
ETH Buy the dip.Ethereum - Intraday - We look to Buy at 3916 (stop at 3828)
Our short term bias remains positive.
There is no clear indication that the upward move is coming to an end.
50 4hour EMA is at 3904.
A lower correction is expected.
Our profit targets will be 4168 and 4228
Resistance: 4170 / 4270 / 4375
Support: 4050 / 3980 / 3920
ETHUSDT , We are in buy zone ...Hello guys
According to our previous analysis , the market moved exactly to our way
At this time from the past we are in upward channel and we are near the base trendline and we need to take signal and watch carefully to take signal and take position and buy
Maybe it can break the base of trendline like BTCUSDT chart that we published but its not have high chance for it
Previous analysis :
Dont forget use stop loss and attention to money management
Be with us and sleep comfortably
Good Luck
Abtin
Ethusdt 3940.00$ up or down ?hello freinds
After hitting the resistance area and forming a load and confirmation signal
We may have a correction to $ 3685
And even up to the price of 3400
This correction occurs when the support of the 3850 price area is broken
If bitcoin at the time of correction
Good luck
Ethereum in a Falling wedge.Ethereum - Intraday - We look to Buy at 3731 (stop at 3648)
Price action has formed a bullish ending wedge formation.
Daily signals are bullish.
50 4hour EMA is at 3730.
We look for a temporary move lower.
The bias is to break to the upside.
Our profit targets will be 3963 and 4022
Resistance: 3900 / 3980 / 4025
Support: 3780 / 3720 / 3640
ETH for a new ATHETH is slowly grinding the current resistance established in May.
For now i would stay cautious as we don't buy a resistance, i would wait for a Daily break above 4400$, once this will be completed we could try to buy a consolidation in intraday, probably around 4100$ with 1st target on 5000$ area.
Let the prices play out and give us a confirmation rather than anticipating something that could go wrong.
What is the next station for ETHEREUM?
The given illustration shows data about a potential climb. If bitcoin breaks the MA200 strongly and keep rising, I expect that Ethereum will reach to 4200 level. So, first of all we need to pay attention BTC movement. If it happens and you are a mid-term trader, I suggest you take profits at the 4200 Ethereum level.If you are waiting to enter the best position, please do not panic and wait for TP1:2113.72 & TP2:1945.03 to enter.
NOT FINANCIAL ADVISE
GOOD LUCK.