Ethusdsell
ETHUSD-SELL strategyThe Ichimoku chart suggest strongly a STRONG SELL coming our way. We have managed to remain below the dark cloud, and with resistance at $ 4,200 (rounded).
I feel a sharp move down is building up towards $ 2,800.
Strategy sell at current $ 3,800 for a profit order at $2,950 with a stop loss above $ 4,200.
ETHUSD - SELL strategyLooking at the 10-MA vs 30-MA we have a negative signal for ETHUSD. The STOCHASTIC is negative as well on daily chart, and it feels we should move lower.
Strategy SELL current $ 4,070 for a move towards FIBO retracement values $ 3,300 > 3,000.
Stop-loss I feel maybe around $ 4,350 for now.
ETHUSD - RANGINGThe medium-term view is unchanged, and feel strongly we will see lower levels in coming weeks. $ 3,650 area is expected, and perhaps even below $ 3,000.
The short-term picture is little muddled, and judging the Kagi possible change, may suggest we will see little bit higher $ 4,700 once again, before going lower. The DMI shows the tendency of lower ETHUSD. However, am slightly cautious, and feel we may see little higher before lower again.
the strategy is therefore, SELL at $ 4,650 - $ 4,900, rather trying to buy. The danger is downwards, and the move up is to provide sell opportunity.
ETHUSD // 2600&2700
Expected to 2600/2700
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ETHUSD 4H-TIMEFRAME ANALYSISETHUSD 4H-TIMEFRAME ANALYSIS
Hello ladies and gentlemen
This is my new idea for Etherum
My idea is that ETH In the short term, it will continue to decline
Real support is between 250 and 240 It would be good to test it (the goal of breaking the wedge)
I hope my idea is clear
Support me by like and share
Good luck
ETHUSD: Possible Long (26.09.2020)On H4, the price found support at 320, where a divergence was formed between the price and the RSI, indicating a temporary end to the downside movement.
An upward impulse is formed on H1, which portends a possible continuation of the price growth.
We recommend buying at localy price correction to the levels 340-330 (and when RSI will reached oversold level)in order to hold the position up to the level of 440.
ETHUSD Update: Short Trade After Breakdown of the Flag PatternETHUSD reversed from resistance and breakout of daily ascending trendline and support zone.
Price has been retracing the sell-off and currently retested the swing level correctively.
Price has the potential to move lower toward the support zone at $250 once we breach the green lines and flag channel.
Keep your eyes on this!
Previous Update:
ETHUSD: Analysis using Ichimoku 14/07/2020H4
On D1, the cloud is directing upward, indicating an uptrend.
Conclusion:
Locally, we recommend buying when the RSI reaches an oversold level on the H4 near the Fibonacci level of 50%.
H1
At H4, the cloud is directing downward, indicating to price correction. The RSI of H4 is in the middle of the range..
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H1.
ETHUSD: Analysis using Ichimoku 19/06/2020H4
At D1, the Ichimoku cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1.
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H4 and selling when the RSI reaches the overbought.
H1
At H4, the cloud is directing downward, indicating a downtrend. At H1, the cloud is directing downward, indicating the movement within the framework of the trend for H4.
Conclusion:
We recommend buying because the price went beyond the downtrend at H4, while the RSI reached the level of oversold.
We also recommend selling when the RSI reaches the overbought level.
Good luck!
Ethereum Reached the Important Level, It's time watch this levelEthereum is currently trading in a Important Resistance area!
If it breaks upside the resistance it will go more higher up to 290$
But, If Ethereum can't break through this resistance and breaks the trend support, we can see Ethereum again in 150-160$ level.
We can also see a bearish divergence in RSI, it's not fully confirmed yet! We need to see how the today's candle closes!
I will update this in future seeing the market!
Please hit the like button and comment your thoughts! 👍👍👍 :)
Stay Tuned;
Ethereum a possible 15% drop coming !Ethereum is trading inside a bearish channel, now price is near the resistance of the channel | If price can't break through the Resistance and can't stay above the trend resistance then we can consider initiating a short a position. The trend is already bearish.
Risk Reward Ratio (RRR) = 1 : 4
ETHUSD: What should we do now?If we take a look at ETHUSD price level, we can see that 203.20 has a strong support level there. Many movements have been rejected or fakeout at that support level but we recently see a strong breakout in that price level. This bearish movement was a large volume, breaking that strong support level as well as the trend support level (Green Line). I will say that this movement shows a strong break out of 2 support level making this fakeout least possible. So where should we sell??? We should see price level retesting back that strong support level which now becomes a strong resistance level for ETHUSD. If not, minimally we should see a retest to a weak resistance level @ 198 price level. To determine it, wait for a nice rejection in price level before heading to the downside.
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#ETHUSD ANALYSIS.. BEARS ARE READY.. I think investors should pay attention to death cross that took place in Ethereum a while ago, in this context, the possibility that the trend might reverse for Ethereum should not be ignored..
Death cross can have an effect like a short upward movement firstly and a deep correction phase for a long time.. In the technical indicators, the T3 curve may return to negative in the near future, and the coppock curve has turned its direction downward.. There is no clear sell signal yet, but in my opinion there are some leading indicators that the bears will take control the market.. I expect a price movement in #ETHUSD as I mentioned in the chart..
Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
Ethereum hitting Resistance with Bearish Signal | ETHUSDEthereum is trading inside an ascending channel for more than a month but there is a main downtrend and this will act as resistance now and there is a main Horizontal Resistance area of 192-200$ and price is near a Pivot Resistance.
So, we can say Ethereum is trading in a very strong Resistance area so a minor correction must occur in this level. RSI bearish Divergence on the Daily and H4 candle signals that the continuation of the uptrend is weakening and we can initiate a short position here.
The downfall target is 175$