ETHUSD Fib Channel retrace to the 100W SMAI have been playing with the fib channel on and off for a while and the carats show where the fib chanel is anchored. It appears that the price action has come to my .500 retracement level and failed to find buyers above it. The price action has become really tight between the 20 and 100 day simple moving averages and so I suspect we shall move to the downside shortly.
Neatly enough the 0.236 is right around the 100w SMA to catch the price action.
A close up shows a the compression we are seeing between the 10 and 100 SMA. By bias is to the downside but I don't know if it will be a long burn off or if the price actoin will be as violent as crypto has shown it can be.
I hope to buy sub the 100w SMA and get brought back up on a wick. I have an alert on if we go out of the bottom of the weekly bollinger band. It happens frequently enough after price action pops out the top and reverses that it is worth the wait. That will definitely be a sign to put some margin on with a buy stop to get taken in.
Ethusdshort
ETH / USDT is in a clear downtrend process?ETH/USDT is in a clear downtrend process. At the moment, this asset is within a bearish triangle, precisely in support of the Fibonacci retracement level. It is also below EMA 20 and testing to support EMA 100 on a daily basis.
If this EMA 100 support and the 0.38 Fibonacci level and a crossover of EMAS 20 and 100 (death cross) occurs in the next few days, we can see ETH testing the 0.618 retracement level in the next few days.
This is just my observation, not financial advice.
Always do your own research.
Ethereum show a double top!!! Short signal!!!In this analyze, Etheeum show us a huge opportunity to short Ethereum to find down 296 pips in cryptocurrency. But it's depend on how many lots you invest in Ether. For example: If you want to shorting Etereum with 1 lots, your earn could be near of $30 USD or your loss will be $10 USD. it's simple.
In Daily, we have a big problem, if Bitcoin going to crash, Ethereum is leading to the $225 USD and also, the crypto-markets could be to experiment a crash if Bitcoin is goes to below of $10,000 USD, but the objective to continue shorting is to find down $9,000 USD as possible take profit and what the price is stopped here!!!
Right now, we have in H4 timeframe a double top and right now, I believe that Ethereum is make a pull back to then, continue their drop until the $320 USD as my own take profit.
And it is it guys, now, we have these short signal in Bitcoin and Ethereum!!!
Message:
At the moment, I was check that the most popular cryptocurrency to trade is Bitcoin, Ethereum or Litecoin, in the past week, as I analyze Dash, crypto-traders dont analyze it cryptos to trade minor cryptocurrency as Dash, Monero, Zcash, Cardano, etc... But I see that traders prefer to invest in this crypto's name in least to make trading. I take my deciison to not open up a crypto-brokers. Because I just have my own trading's list to what par trade: For example: pars on Forex, commodities and cryptocurrency. Just, I analyze my 3 cryptocurrency: Bitcoin, Ethereum and LItecoin. but I don't analyze Litecoin a much, but yes I analyze much Bitcoin and Ethereum as my first favorites crypto.
But, I thinking to created a good strategies to inestment that I thinking for me and for us to support you to invest in your favorites cryptocurrency. For example: If you hold cryptos, we could for example buy cheap and sell expensive in the macrotrend to medium-term, is a good strategy to accumulate passive income throughout on the time to accumulate your grow up value!!! It's a good strategies than trade minor cryptocurrency,
For example: Cardano is one of my favorite crypto and I have my own exit-plan to accumulate more Cardano, NEO is my favorite crypto to invest in long term, and other!!!
But, for me my own decision is trade Forex, commodities (Gold, Silver and Oil) and cryptocurrency (Bitcoin, Ethereum and Litecoin)
But, if you trade altcoins, I dont have any problem with you, but my election is to trade the most popular markets as Forex, commodities and crypto and yes, I have my own trade pars to analyze it.
ETHUSD will make another 20% drop as crypto cycleETHUSD
Crypto and currency pairs are having the tendency to repeats its previous cycle. As its formed a nice wedge pattern and dropped almost 20% of its value from the key psychological level and dropped towards 313.00 level
And now we can see the same kind of rising wedge pattern is forming relatively smaller than previously formed. and its broke the lower side of the trend line and leaving a strong bearish candle. We can expect another 20% drop from the 370.00 rejection level
the parabolic move was expected. If have any views and opinion about this crypto (ETHUSD) comment below
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ETHUSD 4H-TIMEFRAME ANALYSISETHUSD 4H-TIMEFRAME ANALYSIS
Hello ladies and gentlemen
This is my new idea for Etherum
My idea is that ETH In the short term, it will continue to decline
Real support is between 250 and 240 It would be good to test it (the goal of breaking the wedge)
I hope my idea is clear
Support me by like and share
Good luck
Ethereum formed a bearish rising wedge!!!In this analysis, Ethereum is break down the bearish rising wedge and right now, it's seem that Ethereum is making a pull back before to down!!. That is exactly in the H1 timeframe.
Lookin in the H4 timeframe, we are in this support and resistance, well, well, in the past Ethereum make an resistance and drop, then break up the resistance and confirm as support, then Ethereum break down the support and we are in the possibility to see a resistance in the higher to entry in the good short position!!!
I believe that Etheeum needs to make a little correction to the $333 or $320 as possible target profit as we see in Daily timeframe.
But, I just pick up some earn in Ethereum and Bitcon when yesterday putting in long, but right now we see that the perspective is so different!!!
ETHUSD - 4 Hour - Died Cat?Hi everyone, getting bearish signals, shorting? wait for a confirmed bounce with at least 1 open and closed candle, better yet, two...lol.
This is a hard call, I'm short with a POSSIBLE Died Cat bounce.
SET YOUR STOPS LOSSES! and TAKE PROFITS!
EXERIENCE TRADER ZONE.
SHORT TERM: Bearish
MID TERM: Bearish - Neutral
LONG TERM: BULLISH
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ETH targeting sub 200 usdFollowing my previous Gold and BTC bearish call, ETH seems to be forming a bearish inverted Cup and handle or an unorthodox H&S pattern.
Not sure if there actually is an inverted Cup and Handle pattern but considering the bearish outlook and formations on EUR, Gold. It wouldn't be surprising to see that ETh will be negatively effected as well.
Short Position: Ethereum into this simetric triangle!!!Hello, I suggest right now to put a short position in Ethereum because the trend is become bearish at now!!!
So, we hope that Etheeum goes to the $315 USD as my exactly target profit!!!
Now, in H1 timeframe there's an interesting short position in Ethereum to earn money!!!
Good luck!!!
ETHUSD 4H-TIMEFRAME ANALYSISETHUSD 4H-TIMEFRAME ANALYSIS
ETH broke the support at 355 with high liquidity
Now it is back to test the area that is now resistance
It needs high liquidity to overcome the resistance
My analysis is that ETH will fail
He will have to return to test the temporary resistance at 310
I will update and share other ideas with the upcoming CRYPTO MARKETS movements
Good luck
ETH - 4 Hour - Wait For The Bounce? Hello all, good morning, this is an update for Ethereum. It looks like ETH took the 40% route for a drop. If shorting we have a support line so be careful this cold be a fake out.
In my Opinion if we break support we will see the Golden Pocket again (.618 fib).
I JUST FOUND ANOTHER PATTERN... I'll have to create another for ETH that may play out... This bounce is very important...
I am not an investment adviser.
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ETHUSD - 4 Hour - My ThoughtsDue to BTC dominance increase, bouncing off the top of the channel and the bounce from the 20 MA, I lean Bearish.
SHORT TERM: Bearish - Possible Short
MID TERM: Bearish - Until Alt Dominance returns
LONG TERM: Bullish
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I am not an investment adviser, this is only for entertainment purposes. DO YOUR OWN HOMEWORK.