Ukraine Sending Cryptos Spiralling? Ethereum - Intraday - We look to Sell a break of 2298 (stop at 2366)
Daily signals are bearish. There is no indication that the selloff is coming to an end. A break of the recent low at 2300 should result in a further move lower. 2300 has been pivotal. We look for losses to be extended today.
Our profit targets will be 2121 and 2061
Resistance: 2400 / 2500 / 2600
Support: 2300 / 2200 / 2160
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.
Ethusdshort
ETHUSD Intraday ShortClick the Follow button for More Daily Detailed Analysis. Any Questions please go ahead and ask in the comments section.
After the rise in global equities and the somewhat calming down of risk sentiment we have seen a rise in the value of various cryptocurrencies. This rise has taken us to some Strong Resistance to get short at.
We can now look short on the current rise for a fall back to some support. We are moving to 4H KEY MA's and finding short side impetus.
Again, Trade HVA's small because they can move quickly, especially in times like now. Cryptocurrencies can be even more heavily affected and it is best to prepare and manage your risk NOW rather than later.
Use eclipse symbol for Exit.
Ethereum sell into a rally.Ethereum - Intraday - We look to Sell at 2792 (stop at 2862)
Daily signals are bearish.
2815 has been pivotal.
50 4hour EMA is at 2792.
Preferred trade is to sell into rallies.
Our short term bias remains negative.
Our profit targets will be 2616 and 2566
Resistance: 2700 / 2800 / 2900
Support: 2570 / 2480 / 2400
ETHUSD - ProjectionsThis post is likely to get a lot of hate but I am simply providing 2 scenarios for ETH.
Scenario 1 - Blue arrow.
BTC remains dominant overall crypto pairs even ETH although it's proving itself by having gained interest in blue chip companies like Microsoft. I am a HUGE fan of ETH and believe in the future it will be a major leader in the crypto space (more than it already is). If BTC continues it's bull cycle and reaches ATH and goes further then ETH will do exactly the same.
Scenario 2 - Orange arrow.
Should BTC turn bearish then it has capacity to easily drop another 25-27k in price! Now take a look at the damage done by the shallow pull backs we have seen already. A BTC sell off (which is very possibly) would be catastrophic to the ETH and all other ALTS. Should the crash come ETH will see $280 which I will be buying until I can't buy anymore.
Now it's important to remember before I flooded with hate comments that either of these scenarios can happen but it wont be an over night move. It will be over the course of many months of a bearish or bullish cycle.
ETHUSD Short IntradayDon't forget to Click on the follow button for more Daily Detailed Analysis. Please do ask any questions in the comments section should you have them!
We recently looked long on Our ETHUSD Charts after a considerable dip with upside movement. On this current rise we can start to get lightly short amid strong market sentiment.
On a future fall, we can look long again with markets likely to be more stable.
Exit at the eclipse symbol area.
Ethereum Approaching Resistance? Ethereum - Intraday - We look to Sell at 3239 (stop at 3311)
Daily signals are mildly bearish. The trend of lower highs is located at 3250. 3284 has been pivotal. Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 3041 and 3001
Resistance: 3150 / 3200 / 3280
Support: 3050 / 3000 / 2900
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.
Ethereum sell the trend of lower highs.Ethereum - Intraday - We look to Sell at 3248 (stop at 3321)
Daily signals are mildly bearish.
The trend of lower highs is located at 3250.
3284 has been pivotal.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 3051 and 3001
Resistance: 3150 / 3200 / 3280
Support: 3050 / 3000 / 2900
#ETHUSDT 100% Accuracy so far, What's next?Welcome to this quick update, everyone.
As per my last chart, ETH dropped to our buy zone and we bought both on spot and leverage.
The average entry is around $2885.
The next resistance is around $3200.
A break and close above this level will trigger a rally towards $4000.
The pattern is playing out perfectly.
So this is my plan:- I'll be holding positions with SL around $2936 with a target of $3860 to $4000.
What's your plan?
Let me know in the comment section.
Also, If you like this chart, do hit the like button and share your views in the comment section.
Thank you
#PEACE
ETHUSDT - Ascending Broadening Wedge PatternETHUSDT (4h Chart) Technical analysis
ETHUSDT (4h Chart) Currently trading at $3090
Sell level: Below $3080 ( Sell After Breakout)
Stop loss: Above $3290
Target 1: $3010
Target 2: $2950
Target 3: $2810
Target 4: $2650
Max Leverage 3x
Always keep Stop loss
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Ethereum: Reaction to CPI DataEthereum - Intraday - We look to Sell a break of 2997 (stop at 3081)
Broken out of the channel formation to the downside. Trading close to the psychological 3000 level. 20 4hour EMA is at 3011. Short term momentum is bearish.
Our profit targets will be 2777 and 2711
Resistance: 3200 / 3300 / 3400
Support: 3100 / 3000 / 2900
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.
$ETH critical Area! BEWARE!!!!!!!!!!!$ETH has broken the monthly trendline, so it should make a HL that's the point you must caught the best LONG opportunity. For Now, it is making a CUP & Handle pattern but I usually don't like these kind of patterns because they mostly get failed so the situation I'm thinking about "if the brown line which is daily trendline if that breaks short with 3x-5x and stop loss above the top wick!
1st Scenario (only if you like patterns): CUP & Handle breakout retest - LONG
2nd Scenario (if you are using STEEL STEPS which I prefer the most): Daily trendline break - SHORT with 3x if you dont want to wait for LH. If you can wait for LH short with 5x - 10x
ETHERIUM 4HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Uptrend in green color (Internal Uptrend and long term uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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ETHUSD SHORT ZONESPress the Follow button for More Daily Detailed analysis. If you have any Questions, Please ask them in the comments section below.
After the latest huge rally in the price of ETHUSD we are arriving at The first of our LONGER term short zones. Due to the impetus of the market move we can short lightly at these areas for gains.
Because of the nature of the asset, we can look for light shorts at higher resistance. We will have a higher chance of catching gains on the short side mid-term.
The current price zone we are arriving at has previously shown price rejection because it has market memory. Often you will see a bounce at these price levels as they become areas where profit was previously taken.
Look to exit at the eclipse symbol area.