ETH USDT will retest the lows soonI will try to make it as simple as possible.
i will create 3 different SHORT/SELL trades for ETHUSDT.
SHORT 1349 take profit 1285.5
SHORT 1369 take profit 1274
SHORT 1398 take profit 1307
If everything gets filled that will be a 6.4% win and i am using 2x leverage.
STOP LOSS will be activated if 4hour candle closes above 1400 at 2.1%
for an overnight stop loss i will set it at 1427 but only for the night time because i will have no control.
it is expected to last maybe 3 days to be completed.
The idea is that ETH will reach those targets,then come back at today's levels before crashing to maybe 3 digits.
that will be the next idea and i will post it here if everything goes according to plan.
for everything else,i will update this idea.
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Ethusdshort
A quick Ethereum short.Ethereum - Intraday - We look to Sell at 1349 (stop at 1381)
Daily signals are bearish.
Bespoke resistance is located at 1350.
Preferred trade is to sell into rallies.
A Morning Doji Star formation has been posted at the low.
Our profit targets will be 1281 and 1261
Resistance: 1300 / 1320 / 1350
Support: 1270 / 1250 / 1220
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.
Selling Ethereum into resistance.Ethereum - expiry tomorrow 8am UK - We look to Sell at 1388 (stop at 1421)
The previous swing high is located at 1397.
Bespoke resistance is located at 1400.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Our profit targets will be 1303 and 1273
Resistance: 1380 / 1400 / 1450
Support: 1350 / 1300 / 1280
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.
Selling Ethereum into first resistance.Ethereum - 22h expiry - We look to Sell at 1349 (stop at 1381)
Bespoke resistance is located at 1350.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Daily signals are bearish.
Our profit targets will be 1271 and 1231
Resistance: 1300 / 1350 / 1400
Support: 1270 / 1250 / 1220
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.
📉✌ETH 1H Short Position : Risky✌📈BINANCE:ETHUSDT
COINBASE:ETHUSD
Hi traders, first take a look at my previous analysis and positions.
From now on by the time the price reaches the yellow lines, you can open a short position in two or three steps.
If the price falls and reaches the risk-free level, you can risk-free your position.
TP1-2-3-4 are on the chart.
The optimum stop-loss is above the determined lines.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
Ethereum - No significant changesEthereum continues to trade sideways like the rest of the cryptocurrency market. Because of no significant changes in fundamental and technical factors, we stay committed to our bearish view. Accordingly, we stick to the price target of 1 000 USD and 900 USD. We expect these price targets to be reached by the end of 2022. Indeed, we think it is possible the price will drift much lower below our price targets; however, we will update our thoughts on that as the downtrend progresses further.
Illustration 1.01
Illustration 1.01 displays the daily chart of ETHUSD and simple support and resistance levels. At the moment, we will pay close attention to the immediate support/resistance and price. The breakout to the upside will be bullish, while the failure of price to break above the resistance will be bearish.
Technical analysis - daily time frame
RSI is neutral. MACD is neutral and Stochastic points to the upside. DM+ and DM- are bearish. Overall, the daily time frame is neutral.
Illustration 1.02
Illustration 1.02 portrays the weekly chart of ETHUSD and two simple moving averages. The constellation of these moving averages support our bearish thesis. Indeed, retracements toward them acted as corrections of the downtred - just how we outlined prior to the these developments.
Technical analysis - weekly time frame
RSI is neutral. MACD is neutral and Stochastic is bearish. DM+ and DM- are bearish. Overall, the daily time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
ETH is forming a new LL on 1hr TF
FED rate hike in upcoming days
A bad weekly closed
ETH inflow to Exchange sky-rocket last week
ETH is considered weak compare to BTC
Weekly candle closed with a Bearish Engulfing, black Marubozu pattern.
ETH and whole market in general tried to push back and claimed important level but got rejected every time.
Finally, on the 1hr TF, several pairs of LH & LL formed. Market Structure keep the downtrend since 11th Sep
I still hold my previous prediction, ETH will continue downward until touching the daily OB that formed on 12th Jul.
ETH Multitimeframe analysis, structure, biasPrice action and structure on ETH was bearish before. And because ETH hasn't seen any structural changes from HTF, we remained bearish on it. This is a chart update at the beginning of the week. Please use a split screen for a better view.
📉 Text marks:
🔹IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF , as it’s own IL.
🔹ph, pl = protected high or low, which holds current structural impulse.
🔹bos = break of structure . Based on candle body close below/above previous structural impulse.
🔹rsz, rdz = refined supply and demand zones. Specific areas to look for LTF confirmations. They are manipulative up-moves before real down moves, or vice versa. Strong hands (the Composite Man, as Wyckoff called it) often come back to such zones to close their manipulative orders at breakeven, before pushing prices further. If body closes outside of the zone, in most cases it will mean the cancellation of the setup.
🔹if ltf confirms = entry only if there's a shift of structure on lower TF inside of rsz or rdz, or any other type of backtested and approved confirmation.
🔹liq target = liquidity target: next profit taking levels for strong hands, our main targets based on current price action.
☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment.
👉I believe that "right or wrong" mentality is a fundamental flaw of any beginner. In reality, a trader is right only when he executes the system and follows his rules, and he's wrong only when he's taking random setups. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live, then refine until perfection.
🚀Thanks for your BOOSTS and support🚀
💬Send your comments and questions below, share your ideas and charts, I'll be glad to talk to you💬
Ethereum - My take in SeptemberSince the target of the “Ethereum to $2k” idea was achieved there’s been a lot of messages asking, what’s happening? As price action collapses the tensions rise. Two things occurred:
1) The majority asking the question do not have a strategy. You will always lose money without one.
2) The majority asking this question do NOT have a strategy. Now I realised I’ve repeated myself but it is such a huge fundamental point I thought it was worth mentioning twice.
On current price action…
For the bulls. You do not want to see a weekly close below $1420. IF that happens, if a candle body closes at this level, it is months and months of downtrend towards $1000
Ethereum - Risk-off back onNot long ago, we warned about the rally being doomed to fail. Indeed, prior to the merge, we stated that a short-lived price increase might occur before the distribution of ETHW tokens (due to speculation). Our assessment proved correct, and the price rose ahead of the merge. Furthermore, the hype was quickly killed by the latest CPI print in the United States, sparking a selloff in the equity market.
Fundamental factors remain bearish, and with the upcoming FOMC, we would argue they are poised to worsen even more. Because of that, we will pay close attention to the monetary meeting on 21st September 2022. We think the FED will reiterate its hawkish narrative laying a pathway for another significant rate hike in December (and potentially an emergency rate hike in November).
Regarding technical factors, these continue to forecast a lower price for ETHUSD. Therefore, we have no reason to change our bearish bias and stick to our price targets at 1000 USD and 900 USD.
Illustration 1.01
Illustration 1.01 shows the CPI print and its effect on the price of Ethereum.
Technical analysis - daily time frame
Stochastic and RSI are bearish. MACD is neutral. DM+ and DM- perform whipsaws. Overall, the daily time frame is bearish; however, the trend is weak.
Illustration 1.02
The picture above shows simple support and resistance levels for ETHUSD.
Technical analysis - weekly time frame
RSI is neutral. Stochastic is bullish. MACD points to the upside but stays in the bearish zone. DM+ and DM- are bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
How to trade the ETH merge event?Yes, sell the news event in my opinion. Here is why?
- no, it's not like the Bitcoin halving. Actually, nobody knows what kind of event the merge will be, but this is why I prefer to be on the sell side
- macro economic situation - "winter is coming" around the globe (especially in Europe) and this will bring for sure on of the biggest crisis of our time. Risk assets like crypto are a thing that people won't need
Will the short appear immediately after the merge? No.
- the market sentiment is too bearish right now and this is a great moment for a squeeze. 1800-1900$ is still a good resistance box, where you can place your shorts.
- the market doesn't do what everyone expects. That's why - first pump, then dump
Targets?
- well, I think that 3-digits prices are not far away from us and will be a life-changing opportunity for a big spot buy
ETH - Long here and Short thereBYBIT:ETHUSDT
4H time frame
-
ETH formed an inverse HS after breaking out 1686, it is on the path of retest, so we can long it if retest the downtrend line and support confirm(~1655).
Also, we use XABCD to judge the trend since previous high point 2029.4, then predict the potential reverse area around 1950~1990.
So just be careful or try to open short if ETH can keep climbing until 1950 after the retest works.
ETH - Selling SignalBYBIT:ETHUSDT
1H time frame
-
ETH already broke out this ascending channle, also can call it Bearish Flag, here is a good place to open short with high leverage/low position.
Or we can short it after retesting the lower uptrend line again.
Targeting 1505
Stop loss if futrther candle close above the lower uptrend line.
ETHUSDT - WATCH OUT, Bearish Pattern ❗Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
I'd like to point your attention to a bearish pattern forming on the 1D timeframe on Ethereum , a Head and Shoulders pattern is busy forming the final right shoulder. It's always tricky to say exactly where the pattern will correct to, but it is usually close to the zone where the pattern start's. This would give us a target between $1100 - $1200. A break above the head would invalidate this pattern ($2000). NOTE that this pattern may take some time to play out, since the last shoulder is still forming.
To consider a bullish reversal, we'll need to see a reliable bottom pattern form on a higher timeframe:
If you're interested in additional ways to make money with Crypto, check out this idea:
If you're interested in what affect the Russia-Ukraine war might have on the Euro in the coming winter months, and how this relates to Bitcoin, check out this idea:
Thank you for watching, tune in again tomorrow !
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ETH - Selling SignalBYBIT:ETHUSDT
1H time frame
-
ETH pumps today and hits the middle uptrend line on chart.
Currently, the candle forms a Long-Legged Doji here, which means the chaos of bull and bear.
Because it did hit the short-term resistance from uptrend line, we can open some short here.
-
Support Levels: 1593, 1573.7
Stop loss if further candle close above the uptrend line