$ETH critical Area! BEWARE!!!!!!!!!!!$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
Ethusdshort
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!
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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.
ETH Sell the channel resistance.Ethereum - Intraday - We look to Sell at 2888 (stop at 2971)
Daily signals are bearish.
Trading within a Corrective Channel formation.
Trend line resistance is located at 2890.
20 1day EMA is at 2785.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Bearish divergence is expected to cap gains.
Our profit targets will be 2652 and 2602
Resistance: 2815 / 2900 / 3000
Support: 2700 / 2600 / 2480
ETH Look Out Below!We just broke this large bear flag that we have been trading in for a couple weeks. On the daily we back tested the 21 day EMA and got perfectly rejected from it, on the 4 hourly we just re-tested the breakdown which also had perfect confluence with the 21EMA and vwap plus a local golden pocket and we were perfectly rejected again. If this plays out like a bear flag we're headed down into the 1600s
ETHUSD to Fall Mid termDon't Forget to Click on the Follow Button for More Daily Detailed Analysis. If you have any Questions Please do ask them in the comments section below!
The focus lately on ETHUSD derives from the Strong upmove over the last week. This has allowed us to change from our long to short bias in the near term as we move through our price channel.
We are going to look long AFTER a pending downmove, amongst the current approaching resistance and Key Moving averages. We can also short lightly to minor support mostly seen on TF’s like the one involved in this analysis.
Look to exit at the eclipse symbol area.
ETHUSD to drop..For More Daily Detailed Analysis, Don't forget to click on the Follow button. Also, if you have any Questions, Please do ask them!
After the latest ETHUSD Rally we can look to get short on the approach to Key MA's and A Relatively strong ceiling of price. ETHUSD has enjoyed a large rally on the latest market sentiment surrounding CRYPTO's.
Look to get short as we approach the 200MA and a Fair resistance area.
Trade SMALL and look for shorter term gains with an exit at the eclipse symbol area.
EthUsd approaching sell zoneAs it was normal, after reaching 2200, EthUsd has started to correct higher.
At the moment of writing, Ethereum is at 2700, exactly at last week's high, and is entering my sell zone
This resistance extends to 2950-3000 and a new dive is probable in the next days.
I still expect a visit to 1800 and only if I see sustained buying above 3k I will change my bearish opinion.
ETHUSD 15M Short EntryI made this chart when it respected the resistance, forgot to post it so sorry about that!
Chart is still good to play, treat TP1 like the new resistance line since it was broken through, and so far has been respected. Ride it to TP3, wait to cash the trade and see if TP3 is broken through, if its broken through you can stay in the trade until it hits major support. everytime a take profit line (support line) is broken through treat it as resistance to read the reversal. For example if a candle breaks through and completes UNDER TP3, but the next candle completes ABOVE TP3 that is a reversal and the support line is still good. I'll start posting more frequently so everyone can get in early like I did.
ETH USD IS STILL BEARISH - CHANNEL + LEVELSIt does not look good for now. Bulls are not here. The bearish channel seems perfectly clear, and we need to wait to step out to open a LONG position. I prefer to place SHORT positions at the upper side of the descending channel. You can swing a LONG position at the bottom of the channel, but it is risky.
ETHUSD 30 min ANALYSISBITSTAMP:ETHUSD Currently trading at 2430. If it goes up slowly slowly then it can take RESISTANCE in the upper trendline as you can see in the chart. If 3 to 4 candle formed near the upper TRENDLINE then from there it can again come down and fall up to the price of 2370. If the price goes up in a flow then there will be high chance of breakout of the upper TRENDLINE.
NOTE
1. Short between (2450-2420) Only after seeing at least three small candle rejection from the upper TRENDLINE.
2. STOPLOSS- 2465 (Respect your STOPLOSS)
3. TARGET- 2370
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#ETH #Ethereum gives you buying and selling oppurtunity!As we can see in Ethereum's wick past 9th and 8th September, we can see it restest both low and high levels and similar is hapening here? shall we buy now or sell later and vice versa?
Now as of now i see ETH $2017 retesting 2158 and eventually $1890. Note below, ETH can volume pump and move upto 600$ in a day, why? I would say it later but near time i find it testing both ranges.
As of now one can put a long trade till 2560 and till there we can short, eventually if u wish to buy, the levels are still not near.
Ethereum- Will it drop to 1800 zone?Yesterday I said that my target for the correction is 2600 and pointed out very clearly that this is a correction, not a resumption to the up trend.
The cryptocurrency reached 2550 and reversed very strongly, trading now at 2300.
This is a very clear sign for me that EthUsd has more to fall and the most obvious support on our daily chart is 1800 zone