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Ethusdshort

ETH Sell the top.Ethereum - Intraday - We look to Sell at 3619 (stop at 3702) Pivot resistance is at 3677. Bearish divergence can be seen on the 4 hour chart, daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Price action looks to be forming a top. W e look for a temporary move higher. Preferred trade is to sell into rallies. 50 4hour EMA is at 3350. The trend of higher lows is located at 3350. Our profit targets will be 3366 and 3306 Resistance: 3600 / 3680 / 3800 Support: 3500 / 3400 / 3350
BITSTAMP:ETHUSDShort
by Signal_Centre1
2
My ETH/USD Plan - Short Now, Long LaterWe are currently rolling over after hitting the neckline of this inverse head and shoulders. We will create the right shoulder and reverse to the upside when price hits the macro 0.618 which is perfectly confluent with the 0.5 level of the inverse head & shoulders. Any proper inverse head and shoulders should never pass the 0.5 line with the shoulders and the macro 0.618 reinforces the heavy support in that area along with the lower trendline. I'm currently short from the 0.786 line (marked in red) and I will take profits and enter a long at the yellow line. I'm expecting a mirror image from the other side, so the right shoulder should look something like a W/double bottom.
BYBIT:ETHUSD.P
by DigiLex_LLC
ETH SHORT Opportunity is Coming... Are you readyA possible SHORT opportunity is surfacing on ETH/USDT pair. Why I am looking for a SHORT here when the whole market sentiment is euphoric. Simply, because I trade the chart and not the sentiment. The reason for the SHORTing ETH/USDT is around $3350. 1. Head & Shoulder pattern forming as you can see on the chart 2. The neckline of the H&S is going to be re-tested and it could go slightly above around $3350. 3. Fib golden pocket (0.062) is around the same price, so a possible reverse PA from there. 4. Most importantly, a hidden bearish divergence at DAILY. The trade Idea is as follows. Asset: ETH-PERP (Ether) | price in USD Exchange: FTX Trade Type: SHORT 🔴 ✅ Entry 1: 3305 ✅ Entry 2: 3345 ✅ Entry 3: 3390 🎯 Target 1: 2890 🎯 Target 2: 2740 🎯 Target 3: 2352 🛑 Stop Loss: 3565 Risk-Reward (R:R) Ratio: 4.55 Maximum Position Size: 3% Margin: 10X max. I will keep you posted on this trade idea. Stay tuned !!
FTX:ETHPERPShort
by Being_Alpha
4
#ETHUSDT Looks ready for another rally after the retest!!Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. ETHUSDT Looks promosing here, Broke out of the channel . I personally accumulated ETH around $2900 and holding on low leverage. I expect some retracement here $3045 to $3185 and then continuation. Upper resistance levels are:- $3333 $3325 $3615 $3900 IF ETH IS ABLE TO BREAK THE 4K AREA AGAIN, IT'S HIGHLY LIKELY WE WILL SEE A NEW ATH!! What's your thought on this? Do you think this correction is over? Do you think ETH could easily pump from here? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE


Long
by Cryptorphic
11
Ethereum Price Remains Drab Under $3,000 Risking Major Dip Ethereum aggressively fights to step above $3,000 a cloud of doubt reigns at its ability to overcome congestion at $3,200. A dwindling on-chain activity is a bearish sign for Ethereum, implying that bulls may not have the power to sustain an uptrend. Ethereum bulls have been pushing for action above $3,000, but all attempts made toward $3,200 have resulted in futility. The flagship smart contracts cryptocurrency token had retreated to a September low of $2,650 more than a week, but collectively, little progress has been made since then. Meanwhile, some selected altcoins seem to be ignoring the mundane price action across the crypto market. Binance Coin leads the recovery in the top ten with an 11.6% gain over the last 24 hours, with Avalanche coming second with a 6.1% upswing. The market is mixed red and green across the board, whereby bulls will likely emerge intraday winners throughout the trading on Thursday. Ethereum Could Fallback Before Heading For A Significant Swing To $4,000 The gigantic smart contract token is experiencing a lot of trouble gaining traction above $3,000. Although the short-term technical outlook appears ripe for a breakout above this level, it is not guaranteed that Ether will make it past $3,200 and sustain an uptrend at least to the supply zone in red around $3,600. According to the 12-hour chart, Ethereum is locked within the confines of a descending parallel channel. Its key downside is supported by the 200 Simple Moving Average (SMA), which rests in the demand zone highlighted in green. The channels’ middle boundary also contributes to securing this anchor zone. A break above the upper boundary would boost Ether above the $3,000, but the token needs to push past $3,200 to affirm the uptrend to $3,600. However, the 50 SMA has recently crossed below the 100 SMA; an index considered bearish despite not being as strong as a death cross pattern. The last time this technical outlook occurred was on June 4, and Ether subsequently dropped by 41%. Hence the magnitude of its effect on the price cannot be overemphasized. Meanwhile, Ethereum’s on-chain activity has been dwindling over the last 30 days, and this is taking a toll on the price performance. Data by Santiment shows the network growth at roughly 80,000 new addresses per day, down from a 30-day high of nearly 110,000. Suppose this metric continues to drop in the coming days, investors should anticipate a difficult recovery phase and perhaps the possibility of Ether sinking to $2,400, where it is likely to be attractive to more bulls. Ethereum Key Intraday Levels Spot rate: Trend: Short-term bullish bias Volatility: Low Support: The 200 SMA and $2,650 Resistance: $3,200 and $3,600
COINBASE:ETHUSDShort
by CoinGape
1
Ethereum is holding his trendline.. for now!Good Morning friends :) Today we take a look at ETHUSD. The current formation is verry critical. Bitcoin is in a verry dangerous position too right now and if we lose our trendlines, we could see some nasty dumbs in the market. I safe my profit for now, until we build a higher high. Fundamentally Ethereum is verry strong right now. the whole NFT thing is all around the internet right now. But if everybody is making money with something the bubble is about to pop. Remember the time BTC hits new ath and everybody is fomo in it. From time to time, the rich people take profit and buy low again. Always have the liquidty to do so. Have a nice day :) See you in the next one
COINBASE:ETHUSDShort
by wallet_trading
ETH. The bear planGreetings traders! After the big dump, unraveling the correction has been a challenge however I feel it has made a case for completion! If we are going to move in a full blown C wave as per the larger bearish count, then we can expect 5 waves down seeking the larger 3rd wave of the big C correction. The length of the next move is critical and could take us to some very uncomfortable levels. This usually means it's the best time to buy! Get yourself mentally prepared and hold on tight! Good luck!
COINBASE:ETHUSDShort
by east-west_trading