ETH Pump to $1250 LONG I was incorrect with my last idea, I am still new to trading and am still learning new things.
We tested the 4 hour Order Block and rejected it well, with a Change of Character. It is very likely we will change to short term bullish before making any lows.
I think on the higher time frame there is a symmetrical pattern in play and before making and lows or highs we will test the upper end of it.
I am personally trading this with risk management, NFA.
Ethusdlong
ETHEREUM: GOOD MOVE INCOMING!Hello traders, I hope your Christmas was great. I had a great time with my family and friends and it was blessed.
Well, it's time to get back to the market, and here we are with the ETH update. I am gonna use the 8 hours timeframe to analyze the chart.
Currently, ETH is dodging between the support and resistance lines. With the price trying to break above the resistance, I am expecting a 10% to 12% upward move on ETH. The indicators supporting this move are the RSI and the 21 MA. Technically, if ETH manages to hold on to the lower supporting trendline then it is fine but if ETH breaks down below it then we may see some bearish tension.
If you wanna trade on ETH then $1188 to CMP will be a good entry-level. Stop loss will be at $1145 and the target will be 8% to 15%.
Note: Trade at your own risk and if you are confident enough. Do not take it as financial advice.
Thank you for reading. Trade safely.
ETH ANALYSIS#ETH UPDATE.
#ETH is currently trading in rising wedge pattern which is generally a bearish pattern .On losing the lower band support we might see eth again testing the blue box support area once again,keep eyes.
Eth - intraday tradingDisclaimer: If you think this chart is a mess, you are wrong. Here, we are dealing with lots of fibonacci lines to find confluence at specific zones we want to trade. As we want to maximize our profits, we want to trade at highest possible risk reward ratio. As this is a game of possibilities, our job is to find specific zone with highets probability to make price reaction.
Confluence? Yes, we are looking for that
Fibonaci retreace 170.6%
Fibonacci extension 1.114%
Fibonacci retreace 50%
Yellow trendline
EMA 200 30min timeframe
FVG huge green candle
6 confluences to make a trade. Its never only one thing. 15 min and day is over :)
And if you are asking, is it possible that we miss our trade entry? Yes, many times. But always backtest your strategy and find why did you make a mistake. Your future decisions will be better.
Happy trading :)
Tools:
- Fibonacci retreacement
- Fibonacci extension
- Pitchfork (All types)
- Trend lines
- RSI
- EMA fibonacci numbers
If you take closer look, you can see how price respects the lines. Therefore, if the trade analys is good, we can find a place where the top/bottom of the wick will happen, place an entry buy/sell order and let the magic happen :)
ETH ANALYSIS#ETH UPDATE.
#ETH is currently trading at the resistance area on daily,since eth could not close above the resistance last day we must wait eth to close above the blue box resistance area.On closing above the resistance the next resistance for eth would be pink box area.
ETH ANALYSIS#ETH UPDATE.
#ETH is currently trading at the resistance at the purple box area and still struggling to close above the same.On closing above the resistance eth might test the pink box resistance area ,however on rejection we can expect eth to test the green box support level.
ETH ANALYSIS#ETH UPDATE.
#ETH is currently holding the double bottom support on 4 and 1 day TF and break below this could result in more dump in the price of eth.
ETH, Up or down? lookDaily Time: The price is in a triangle pattern .
We have two views:
1. A bullish view that with the breaking of the upward triangle can move towards the targets of 1600, 1750 and 2000 . (according to the movement we drew)
2. A bearish view that can touch the 1000, 900 and 800 targets by breaking the downward triangle. (According to the movement we drew)
Important: Because the triangle is formed in a downward trend, the possibility of falling and decreasing the price is more likely, and this triangle is likely to be broken downwards.
ETH ANALYSIS#ETH UPDATE.
#ETH isd currently trading at the blue box daily support and if eth loses the current daily support it is lost likely that eth might test the green box support on daily soon.The next possible move would take 4-6 hours so keep eyes on that,however purple box is the current resistance and eth needs to close above this level for any upside move.
ETH ETHEREUM LONG TRADE 20221208Signal:
Red -> Green
Context: Green
ETH, ETHUSD , ETHUSDT , ETHUSDTP, ETHEREUM , CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
ETHUSD - It is what it is - Still more downside to comeETHUSD looks bearish.
It is what it is . Probably many people would prefer to see higher prices but BTC broke the key support and ETH is lagging behind. It will have to catch up .
Probably some FUD would be a trigger for a dump.
What could it be? Do you have any clue? Feel free to share your FUD ideas in the comment section !
ETH Long ScalpI currently see a very high risk to reward trade on ETH, we have a nice 1 hour refined block in a 4 hour orderblock. Nice flip on liquidity since FOMC.
Im entering this entry at 100x LEVERAGE
ENTRY: 1270
STOP LOSS: IF PRICE CLOSES BELOW 1265 ON THE 5 MIN TF CLOSE POSITION
TP1: 1282.8 or 1% RAW
TP2: 1333 or 5% RAW
ETH/USD possible trading ideaOkay so when we have a look at the chart we can see that the price is not moving much these days. What we can see now is that the price has not gone below a small time frame support now and that we also have a possible ascending wedge happening. I think that this could be a valid ascending wedge because we got at least 3 times that the wedge was touched and did not got crossed. What I am now waiting for is for the price to go back to that wedge and see what it will do then.
I think that the price will go above the wedge and then do a retest of that wedge before we get the real big and good pump to the top. I think that this could take a while before we got this and that the big profits could even take longer because we have all of the trading in crypto that is going a little slower then we are used to.
So for now it is waiting and just keep an eye out the price to get to the wedge and then wait for the retest before we can enter the trade.
If you have any questions, feel free to send me a PM.
If you like the idea don't forget to leave a like and feel free to comment your idea for this pair.
ETH ANALYSIS#ETH UPDATE.
#ETH has bounced back from the double bottom after the breakdown from the ascending triangle Longs will be open only if eth closes above the red box resistance on daily,however on losing the purple box support eth will test the green box support area .
Ethereum- A daily close above 1300 would be strongly bullishAs I said in my previous analysis, as long as 1100 is intact, Ethereum is bullish.
The structure for the coin is becoming more and more clear and bullish with a confirmation of a double bottom in place once we have a daily close above 1300.
In such an instance 1500 is my first target, a level given by the horizontal resistance and the measured target for the pattern, followed by the 1650-1700 zone.
A higher low should be in place now at 1240 and this bullish outlook is intact as long as the price stays above this level.
ETHPERP - Successful buying.The accumulation continues. The price is near the local highs. Most likely, we will try the highs after a correction and a test of the buyer's zone of interest, which is in the range of 1077-1131. If you resume the purchases on the chart, there is the volume, the result and the progress. We expect the completion of the correction before entering the trend.
If you liked the idea, give it a like. This is 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
your friends.
ETHUSDT in the range short-term moveIf ETH breaks the resistance at 1230$, we should see a move towards the next key resistance which is at 1290$ .
Currently the price remains in the mid of the range. Pullback to the bottom of the range is still possible.
2 scenarios visualized on the chart.
Break below the support (green line) would be an invalidation . Stop loss in place is highly recommended . Good luck