Ethusdshort
Eth- I don't think 4k will holdIf you've read my analyzes, you know that I have "a problem" with an asset staying at support or resistance as an invitation to buy or sell and make money, as if it were so simple.
Is exactly Eth's case right now, with the price coming back to 4k for all of us to buy and make money, and if you remember, a week ago Btc stayed at 55k and...
I can be wrong this time, of course, but in 90% of the cases, these support/resistance fall eventually.
From a technical point of view, Ethereum is in a descending triangle pattern with this 4k base, and a daily close under could accelerate losses.
The first target for bears can be 3.5k low from the last week's sell of followed by 3k zone, strong horizontal support and the measured target for the triangle.
I will stay short as long as the price is trading under 4.3k
ETHUSD - an important decision aheadHello all,
The crypto market is being quite bearish recent days.
As for the ETHUSD pair the situation is as follows:
The Ethereum has come to the long term support line and forming a bearish pattern.
On a daily and weekly charts there is an obvious double top pattern
Bearish candles are way bigger than bullish ones.
We need to wait for a confirmed breakout and the retest of the 3955 USD level, which is a quite strong structural support.
3660 USD is a level to watch out and the TP is around 2800 USD.
Good luck! Please like & subscribe if you liked this idea :)
Disclaimer: Any risk related to trading this cryptocurrency is solely on you. Please, think thoroughly before making any trading decision. Cheers!
ETHUSDT Prediction on 15 December 2021This is just an outlook on ETH/USDT.
Tapering issue will come ripe at 15-16 December.
Along with major trendline 2021 and tri-monthly downtrend line.
Market will go down along with RED line until Major SnR III line.
Meanwhile if no tapering issue on effect, it will goes into Major SnR II line, see GREEN line.
Ethereum is bearish like almost all crypto marketEthereum recovered very quickly after last week's dump and in the long term, in my opinion, is the most bullish from all Big 4.
However, as a rising tide lifts all bouts, same a falling one sinks them, and I also expect Eth to fall if the selling pressure continues in the crypto market.
Technically speaking, since 10th November ATH, we have had lower highs on our chart and clear and strong support in 4k zone.
A fail from the bulls to hold this support could lead to further losses and a new dive to last week's low.
Also, if we consider the pattern from 10th Nov by now a symmetrical triangle, the measured target is around 3k, which also is important horizontal support.
Disclaimer: This is only my opinion and not financial advice. Do your own research before entering a trade based on my analyzes.
ETH/USD: Tumble Lower and Crucial Short-Term Support LevelsETH/USD suffered a swift decline in value this weekend which correlated to the broad cryptocurrency market and is now near important short-term support.
ETH/USD was trading near the 4660.00 mark on the 3rd of December. Selling pressure began to build within Ethereum on the 4th and developed into a flash crash which took the value of ETH/USD to nearly 3475.00 briefly. The price of Ethereum has recovered and, as of this morning, ETH/USD is near the 4100.00 ratio. Velocity has been fast in all of the cryptocurrencies the past couple of days. While yesterday’s reversal higher was significant, ETH/USD actually is traversing near what can be perceived as crucial support levels.
Traders certainly need to recognize the dive ETH/USD took on Saturday regarding its flash crash. But the price of ETH/USD only touched the lower values momentarily and the fact that those lower levels were not sustained is important. However, ETH/USD is still below values it was trading last week and it is now testing support levels which were tested in the middle and end of November.
ETH/USD traded near a record high of almost 4880.00 on the 10th of November, but has seen choppy conditions since then. On the 26th of November, after suffering headwinds following the all-time highs in the second week of the month, ETH/USD was trading near 3915.00 before reversing higher and achieving a ratio of approximately 4785.00 only two days later. Since reaching the 4785.00 price and factored at its current value today, ETH/USD has lost almost 18% of value.
Traders face a difficult decision as the week begins. Volatility is part of the trading landscape for ETH/USD, but its recent price action has seen an increased amount of velocity which means using stop loss and take profit tactics is vital for reasonable outcomes. Speculators who pursue ETH/USD for short-term endeavors know the cryptocurrency is a wager. In order to get solid results with Ethereum traders need to keep realistic goals and not become overly ambitious as they pursue momentum.
If current support levels for ETH/USD begin to look vulnerable near the 4050.00 junctures, traders may again suspect that the 4000.00 ratio is a legitimate target. If values can be sustained below the 4000.00 price this could be considered a negative sign for ETH/USD and lower targets could be tested. Certainly there will be traders who believe upside reversals will develop, but if buying opportunities are being pursued caution is also heavily advised.
Ethereum Short-Term Outlook
Current Resistance: 4233.00
Current Support: 4035.00
High Target: 4412.00
Low Target: 3966.00
ETHUSD coming weeks plan..Remember, don't forget to click on the follow button for more expert daily analysis,
Alike many other crypto's and in my latest posts, we saw a move down on poor news.
This was followed by a price rebound, like the one seen here.
The rebound is losing steam and approaching key MA's and resistance zones.
We are looking short now with price to follow the directional arrows annotated on the chart.
ETHUSDT , Did you sell ?Hello everybody
Did you looked at our analysis and sell your ETH in 4500$ ??
According to the last analysis we published , we shown on chart we should be have another bottom for the future movement of the price
You can buy in around the zone that we shown on chart and wait to reach to the new target
We will update the target in future
Previous analysis :
If you have any question ask us , just send us messages
Good Luck
Abtin
ETHPERP long into short.I think a small bounce towards the next resistance zone, so I'm taking a small long to sell for a short. ETH has been creating lower highs and lower lows for the past couple of days.
I'm only risking 1R both long and short.
ETH long:
Entry: $4085
SL: $4010
TP1: $4290 with 1% risk for 2.73R
After TP I'm going for a short with multiple targets. I expect some wicks towards 4300 in the coming day or two, that would be my entry.
Entry: $4323
SL: $4469
TP1: $4085 with 0,25% risk for 1.64R
TP2: $3932 with 0,25% risk for 2.7R
TP3: $3748 with 0,25% risk for 3.95R
TP4: $3618 with 0,25% risk for 4.84R
ETHUSD - SELL strategyWe have to move the stop-loss above $ 4,575 for our short.
I have no change in view, but noting MACD is looking to go positive short-term.
A break above $ 4,550 area will ignite a run up once again. The weekly chart shows still promise for a move down, and the danger is down and not upwards for now.
Any news relating to Omnicron that impacts negative, may be the catalyst for the expected move towards $ 3,000.
ETHUSD - SELL strategyI was wrong during weekend selling early. The stop-loss was initiated $ 4,350.
The over all view no change though. We have a turning STOCHASTIC (see the previous highs), and also resistance around $ 4,500.
Careful sell $ 4,450 with stop-loss $ 4,575. Profit objective still $ 3,600 > 3,000.
No doubt the BTCUSD dragged it higher and news on Omicron seems little less bad. We just need to monitor that news for now.
ETHUSDT , This model can happen for the priceHello everybody
In here according to the model of the movement that we shown chart , it made with different model and check it in and ...
According to the different TA in elliott , neowave or price action , the think the price need to have another drop to have healthy recover and correction , then it can be ready to go up and move to the other target
The target will be shown on chart
Dont forget take signal then entrance in any position and buy
If you have any question ask us , if you have any cm tell us :D
Previous analysis of ETH :
Good Luck
Abtin
ETH dumped this week. Whats is coming next? ETHUSDAs per my previous post ETH hit nicely the red short zone and dumped fast. Unfortunately I did not take the short as had no time to monitor PA. Hence lack of time I had no chance to review the market earlier. But the plan went well and target hit from the long I had. Shame on the short I didn’t catch it.
Also we still have some stops resting bellow at the red X from the move up towards the ATH. IMO if we have a small bounce up at the beginning of the next week this will be for short as I think that we will see price go lower.
The 4k zone is still a support and the 4500-4600 Resistance.
Lose the 4k zone and I want to see price go to 3500 hopefully to 3200 for nice, discounted price. As mentioned previously on the W we will still have bullish MS even with the price at the 3200 zone. Loose that I will make new plan.
So long story short: Reclaim 4500-4600 Look for longs and long towards new ATH. Loose 4k short to 3500-3200. Any bounces for now are for shorts IMO.
A bounce towards. 4400 I would look for shorts with a SL above last high at 4550 ish targeting lower zones as per my chart above.
Eth- Still bearish in spite of yesterday's rallyYesterday Ethereum has had a strong day with the price rising around 7% from above 4.1k to 4.4k.
However, the structure remains bearish and now we can consider 4.4k strong ceiling for EthUsd.
A new visit to 4k zone is very probable at this moment and, as I said yesterday, a break under 4k would signal a deeper correction and open the door to 3.4 support.
A daily close above 4.4k would change my opinion
Ethereum- 4k is extremely important for bullsLike its bigger brother, Bitcoin, Ethereum also has made a new ATH on the 10th of November and the price has started to correct afterward.
Also in EthUsd case we can see selling pressure and after the 4.4 correcting rally the price has started to drop again.
4k is clear support now and bulls need to keep this intact if they hope for a quick recovery.
Looking at the weekly chart, things are not looking good at all...
The 4.8k is marked by an Evening Star candle formation and a break of 4k would expose 3.4k support. However, a deeper correction in the crypto market can even drive the price to 2.7k
So, as I said, it all depends on this 4k support(Just my opinion).
For now, I maintain my bearish outlook and only price back above 4.4 would change my opinion
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