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Ethusdshort

ETHUSD-Ethereum Forms Descending TriangleThe Ethereum market rallied initially on Friday but gave back the gains to show somewhat weak price action. The $2500 level underneath continues to be important, and I think it will offer a significant amount of support. I fully anticipate that the market may test that region in order to see whether or not it can break down below it. That is a region of support that I think extends down to the $2400 level, so it is going to take a significant amount of work to break down through there. With that being said, it does not necessarily mean that we cannot do it, just that it may take some effort. The market has been a bit of a mess for a while, and we recently had that “death cross”, when the 50-day EMA crosses below the 200-day EMA. The indicator tends to be a little bit late, but it is something that will attract a certain amount of attention anyway. On the upside, if we were to break above the $2750 level, it could open up a move towards the $3000 level. Breaking above the $3000 level then could be up significant signal to start going long. In general, this is a market that I think is going to continue to struggle and I am starting to believe that we are going to go into a “crypto winter”, which is when markets do very little and simply grind sideways for what seems like a lifetime. This is generally after a massive selloff, and that is most certainly something that we have seen around the crypto markets. Ethereum is plagued at the moment by a delay in the so-called “Ethereum 2.0” release. People are starting to get a little bit impatient, but the fact that we have a tight monetary policy in the United States does no favors either. After all, the crypto markets are far out on the risk appetite spectrum, so it is going to take a very loose monetary policy to make that attract as much trading capital as it would from institutions over the last couple of years. In general, you can also make an argument that we are forming a descending triangle still, and if we break down below the support level, we could very well slice through the $2000 level eventually.
BITSTAMP:ETHUSDShort
by SmoothJB
Ethereum: Resistance Sell Ethereum - Intraday - We look to Sell at 2748 (stop at 2811) Daily signals are bearish. Preferred trade is to sell into rallies. 2755 has been pivotal. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Our profit targets will be 2581 and 2511 Resistance: 2620 / 2680 / 2750 Support: 2550 / 2500 / 2450 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
SAXO:ETHUSDShort
by Saxo
ETHEREUM UPDATE.Welcome folks to this ETH update. If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market. ETH has not shown any drastic change in the price. For the last two days, ETH is trending between $2554 to $2653 which could possibly be an accumulation zone. It is also important to see that ETH is trending below the 21 MA which makes it a little uneasy to take a long entry. Now, to enter long on ETH, it is important for ETH to break through the 21 MA and the support level drawn in the chart. I am already holding ETH on spot and I will enter leverage trade on ETH if it breaks out or if it dips back to our previous entry-level ($2380 to $2470). In this kind of scenario, the market either takes a quick jump or a quick drop. So, be extra cautious with your trades. I hope this idea was valuable to you. Do like, follow and share this update with as many traders as possible. Thank you.
COINBASE:ETHUSD
by Dexter_The_Trader
ETH chart on 1W Time FrameLooking ETH here bouncing on support for a second time . If ETH does not manage to hold this level I will be expecting a retracement back to $1,710 - $1,800 . And if it gets worst I will be expecting a bounce around the first blue box of support around the $1,000 - $1,300 . If we fail to support that area my guess its that we will be going more down very hard and fast . Now lets see a more bullish scenario on ETH . Lets consider that we will hold this level and bounce , In this case I would expect a pump to retest $3,200 and then $3,500 - $3,600 . Moreover, in the case we get even more bullish , we could visit $4,000 and more levels as we go up . NOTE : I would NOT enter very big longs or shorts positions , as taking into consideration the current geopolitical factors affecting the markets there is uncertainty and too much volatility when it comes to moving . So be careful and consider using stop loss. DONT TRADE WHAT YOU CANT AFFORD TO LOSE !
COINBASE:ETHUSD
by Trader_Sentinel
Ethereum under triangle's supportEthereum also recovered some losses since late January, but, unlike Bitcoin, the last leg up just touched 3k, around 8% lower than the first, giving us an indication that the coin is weak. Looking at the chart we can see that a symmetrical triangle has formed and now the price is under rising trend line support. Triangles are continuation patterns and the target for Ethereum is 1700 which is in line with a very important horizontal support. EthUsd back above 2800 would put a pause in this scenario.
COINBASE:ETHUSDShort
by Mihai_Iacob
3
Sell Limit ETHUSDWhat I see: - Price is looking to complete the 2nd half of the head & shoulders - 5 rejections from zone - 3 rejections from support zone - 3 rejections from resistance trend line - 2 rejections from support trend line - Stochastic is oversold and crosses in the 4hr chart - Price is currently around a previous major structure level (2558.48) - Stochastics in the daily chart is heading towards oversold. Price will most likely long towards 2799.75 "SAFE SELL ENTRY" for a zone retest as price is currently around a pivot point, stochastic is oversold in 4hr and there's a hammer candlestick confirmation. After, I'll be expecting price to short towards the ascending trend line. More specifically, 2418.30.
COINBASE:ETHUSDShort
by PassionPipsTrading
3
ETHUSD SHORT ZONESFor More Daily Detailed Analysis, Click the Follow Button. As we have seen ETHUSD Fall inline with global equities, we are now seeing slight divergence With Various Cryptocurrencies rising rapidly amid the current market sentiment. Nonetheless, we can start to look lightly short on this HVA.. This is because we are reaching KEY Sell Zones based on price action AND KEY indicators as seen on our chart.. Price has rallied massively and sellers WILL move into the market.. And you want to Trade on their side as they pull price down. Split your position and lower your size using Short zone ONE and TWO.
COINBASE:ETHUSDShort
by WillSebastian
2
ETHUSD SHORT ZONEPress the follow button for More Daily Detailed Analysis, As ETHUSD rises in line with global equity markets we can look to get lightly short. The second Short zone higher up denotes an ideal Place for further shorts. The first being earlier can be taken with a lower position size due to the current market sentiment. As price rises and approaches the key 100 MA we are seeing our STOCH oscillator also peak out. We can look for exits as we reach early support and former market memory zones. Trade SMALL and do it in stages. Use the arrow and eclipse symbols for price direction.
COINBASE:ETHUSDShort
by WillSebastian
2
ETHUSD, can we make another Swing High at the top?Hi Traders, Looking at the Daily time frame we can see that price is moving within a reversal structure which has room to climb to the top before it makes a reversal downwards. Looking at the current price action we near the bottom boundary which may be tested again before getting breakout of the respected trendline. In my view, I am short term bearish and long term bullish. Look for LTF opportunities on this pair. Comment below and share your view, click the like button if you agree! Trade Safe!
COINBASE:ETHUSDLong
by ktlfx
ETH Weekly AnalysisEthereum did get below significant zone a couple of weeks back, which turned from support to resistance. Although we saw a second strong rejection to the downside, we're still below the zone, which needs strong power from bulls to get through. Although bulls would be right by saying there is some positive development (rejection of move to the downside, outflow of crypto from exchanges, bids from whales), I think we will see ETH moving towards the 2k area, which will act as the significant support and we may see trend reversal.
Short
by alphascala