Ethusdshort
ETH Sell a break of $1900.Ethereum - Intraday - We look to Sell a break of 1898 (stop at 1944)
1901 has been pivotal.
Bespoke support is located at 1900.
A break of bespoke support at 1900, and the move lower is already underway.
Daily signals are bearish.
Our profit targets will be 1782 and 1752
Resistance: 2000 / 2060 / 2100
Support: 1950 / 1900 / 1800
Ethereum Sell a Break Setup.Ethereum - Intraday - We look to Sell a break of 1974 (stop at 2023)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Broken out of the channel formation to the downside.
1976 has been pivotal.
Our profit targets will be 1851 and 1801
Resistance: 2050 / 2100 / 2150
Support: 1980 / 1950 / 1850
ETH/USDT - Short ScenarioHello Traders!
Ethereum continues to undergo a downtrend. The price has tested the MA100 on the weekly timeframe, the RSI indicator is in the bearish zone.
Given the current state of the market, we can expect the continuation of the devaluation of the asset in search of buyer liquidity.
We may consider shorting the asset in case of price-fixing under the support level of $1960.
It is better to start the new strategy after the price decreases in the area of $1050 - $1230 with the aim of fixing the profits in the range of $1740 - $1960
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ETH - will go below $1,000This weekly chart shows that the Weekly 20 EMA is about to cross below the 50 EMA, probably in the next few days this week.
So far we've hit all the targets on the weekly chart for ETH.
One more target left which takes us below $1,000 and I am expecting this to hit in the coming weeks.
At the time of writing this ETH is currently being rejected by the 1 Hour 20 EMA as well as being rejected by the 4 Hour 20 EMA.
The 1 Hour RSI is showing over bought and MACD is running out of gas and I am expecting ETH to continue the decline.
CAN ETH SURVIVE THE WINTER!?In my last idea i said its time to do or die for eth.
Eth did it. They survive. Along with many other altcoins.
This doesnt mean we are back to the bull run!
We just survive an important event. Lunacrash.
Blue box below the chart, 1880-1800 price zone, is an important support area.
Price breakdown below yesterday but buyers stepped in around another strong support of 1679.
From there price increased %20 in 24 hours.
But i think upside potential is pretty limited.
Important resistance areas
2152
2342
Yesterday Powell said, they dont promise soft landing and they will fight inflation in every way.
We should expect more money to flee from risky assets.
I would not suprise if ETH surpass BTC in terms of market cap by the end of this decade but even most succesfull companies lose insane amount of value in the last couple of months!
Therefore we should watch before buying in. This areas can be profitable if you invest for the longer term such as 1-2 years.
But right now it is obvious risky markets didnt find their bottom.
It could take months before bottom is formed.
Important support areas
1996
1880
1800
1679
1576
If BTC break below 200 weekly ema which is around 27k, ETH price can broke below 1679 with high volume.
This can cause investor panic and high amount of sellers.
BElow 1679 there are not strong support zones.
Price can test below 1k!
It could take months or even years before we are back to bull market.
Take care!
Follow for more ideas and charts!
#ETHUSDT Printing a strong Hammer ! Target $4800+, Here's why..ETH broke out and retested perfectly.
Looking at the daily chart, It seems the market is ready to pump from here.
DOJI:- If the Doji forms in an uptrend or downtrend, this is normally seen as significant, as it is a signal that the buyers are losing conviction when formed in an uptrend and a signal that sellers are losing conviction if seen in a downtrend.
All we need is daily to close with a beautiful hammer.
The potential target for the pattern will be somewhere around $4k.
Suggested the best buying range around this level in my last chart.
SUGGESTED ACTION:- Although you should always DYOR, This is what I will do,
Though I already spot longed on ETH, For leverage positions, I'll wait for a strong DOJI close above the trendline and open a long around $2800 to $2920.Aggressive entry in case ETH takes over both 21D and 50D MA daily.
SL:- I will close my long in case we break and close below $2677.
This is a good trade setup giving us 1:8+ RR which is amazing.
INVALIDATION:- Close below the black support trendline will invalidate the chart.
Let me know what you think.
DO hit the like button and share your views in the comment section.
Thank you
#PEACE
ETHUSD not going up anytime soonETHUSD building up liquidity at the low levels. This is necessary in order to take price higher. Unfortunately, ETH is not going up anytime soon, not before revisiting the 1500-2000 price range. At those levels I would seek long entries. Meanwhile, I would be shorting against all longs.
Trading Signal For ETHUSDT Ethereum Trading Setup:
There is a Trading Signal to Sell in ETHUSDT Ethereum (Futures).
Traders can open their Sell Trades NOW
⬇️Sell now or sell on 3016.30
⭕️SL @ 3075.00
🔵TP1 @ 2876.00
🔵TP2 @ 2772.00
🔵TP3 @ 2608.77
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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ETH Sell a break setup.Ethereum - Intraday - We look to Sell a break of 2976 (stop at 3024)
Short term bias is mildly bearish.
2977 has been pivotal.
A break of bespoke support at 2980, and the move lower is already underway.
Our profit targets will be 2851 and 2801
Resistance: 3080 / 3150 / 3200
Support: 2980 / 2950 / 2900