Ethusdshort
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!
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.
SAFE TRADING ETHHAVE a RISK PLAN.
Given the current market sentiment and the movement of different assets, it is vital you understand how to manage each. Currently, we are seeing negative bias on Different Cryptocurrencies.
It is therefore important that you tread LIGHTLY. We are not looking for blowout gains or losses. If and when you do take positions do NOT clump them together.
ETH is reaching a short zone on the current rise, in line with current market sentiment.
Use eclipse symbols for exits. Manage your risk appropriately with a FULL plan. If you do not have one it is OK to sit on your hands.
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.
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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