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Ethusdsignal

ETH/USD LONG Set Up after testing $1706Ethereum (ETH/USD) weakened early in today’s Asian session as the pair depreciated to the 1750.63 area after trading as high as the 1893.75 area during the European session, with the interday high representing a test of the 78.6% retracement of the depreciating range from 2041.42 to 1356. Stops were elected below a series of downside technical support levels, and technical support finally emerged just above the 61.8% retracement of the appreciating range from 1493.28 to 2041.42. Chartists note this area was also just below the 50-bar 4-hour simple moving average. Stops were also recently elected above the 1930.40, 1957.36, and 2017.05 levels during the appreciation, areas related to historical buying pressure around the 215.16, 370.50, and 176.43 areas. If ETH/USD extends its upward strength, additional upside price objectives include the 2080.48, 2134.98, 2150.66, and 2210.42 levels. Some areas of potential technical support during pullbacks include 1403.13, 1205.96, and 1008.79, with stronger technical support likely in place around 1296.30 and 1066.14. If ETH/USD extends its recent depreciation, potential technical support includes 1285.87 and 1205.96. Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly). Price activity is nearest the 200-bar MA (4-hourly) at 1719.53 and the 200-bar MA (Hourly) at 1809.35. Technical Support is expected around 1285.87/ 1205.96/ 1128.29 with Stops expected below. Technical Resistance is expected around 2080.48/ 2134.98/ 2150.66 with Stops expected above. On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage. On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage. Title/(Date): ETH/USD Long Set Up Asset:CRYPTO Order Type:Market buy/ Buy limit Time Frame:1D Entry Price 1: $1,718.00 (Active) Entry Price 2: $1,704.00 (Pending) Stop Loss: $1,688.00 (300 Pips) Take Profit 1: $1,748.00 (300 Pips) Take Profit 2: $1,818.00 (1,000 Pips) Take Profit 3: $1,868.00(1,500 Pips) Take Profit 4: $1,918.00 (2,000 Pips) Take Profit 5: $2,018.00(3,000 Pips) Status: 🚨Pending🚨
COINBASE:ETHUSDLong
by MavRich_Trading
2
ETHUSD Charting updateThe pair dip didn’t come as a surprise. If you’ve been following this pair update here, you will understand the situation better. At this moment, buyers are able to secure a visible and feasible trading structure for the next level. A trendline break can of course help the coin price shoot higher. Gains are expected to be taken at 1700 - 1750 USD. Since the third swing points are not always reliable, a spike can push the coin price to approx. 1900 USD. **Sentiment: Bullish ** Decision rule: Buy now or wait for a trendline break. If you must give up on unexpected drawbacks, let it be around 1428 USD
COINBASE:ETHUSDLong
by Famosky
1
EthUsd- Can it reach 3k? My opinion is YESAt this point, Ethereum is trading slightly under its all-time high (20% not being so much in the crypto world) and, simply looking at BTC after breaking above its ATH we can see that it doubled its value pretty quickly. Furthermore, we are in an extremely strong bull trend when it comes to crypto and I expect this to continue for the first part of 2021. In my EthBtc analysis, I said that I expect a break above neckline resistance of the H&S and a challenge of 0.06 figure. Putting all together, a bullish bitcoin that can go above 50K , a bullish ethbtc that can break above resistance I will reduce all to simple math: 50.000 x 0.06 equals 3k for EthUsd
COINBASE:ETHUSDLong
by Mihai_Iacob
3
ETHEREUM To Continue Decline After Short-term GainETHUSD decline from $1348.24 unfolded as a five-wave impulse. The sub-wave of wave (3) is also visible. According to the Elliot Wave principle, at least a three-wave move in the opposite direction follows every impulse. The correction seems to be unfolding as a simple zigzag, which is now in wave (c). Once the three-wave move is completed, the price should resume in the direction of the impulse. So a decline below the previous low at $912 is plausible in the days ahead. This scenario is applicable to Bitcoin and Litecoin because they're highly correlated! What's your thought on Ethereum? Let me know in the comment. Thanks for reading, Veejahbee.
Short
by Veejahbee
ETHUSD 16% Drop was expected will it reach 400.00 level ?ETHUSD ********* ⏳4 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ Price around 450.00 and in consolidation phase 2️⃣Trading within arising channel 3️⃣ Crypto's in uptrend and broke of 400.00 level 4️⃣ 430.00 Dynamic support and resistance 5️⃣ 500.00 will acted as strong resistance-Key psychological level 6️⃣ 490.00 will Acted as strong support-Possible entry point 7️⃣ Technical support - bullish 8️⃣ 420.00 will acted as key reversal-Bullish 9️⃣ October high-Immediate resistance-Alternative bullish entry 🔟 Possible swing target-420.00 lower counter trendline #️⃣ Overall bullish trend-Within a rising channel —————-❇️——————- 📉 Technical bias-H4-Bearish Price is above 50,100,200 Exponential moving average 50 Exponential moving average will act as resistance Bear Relative strength index - well above 50 - bullish trend MACD -Turned red and felled below the signal line, Oscillators pointing downward Stochastic - Reached around 50(Neutral area) The decision was neutral here Ichimoku cloud -cloud is still green-Middle line supports bullish trend Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band —————-✳️——————- Key reversal area's 400.00 psychological level 384.00 Point of control area Volume analysis 422.00 Oct month high 332.00 Oct month low 488.00 Sep month high 311.00 Sep month low 400 50% Fibonacci retracement level 500.00 Major psychological level 488.00 Possible entry- Bear 420.00 Trendline resistance/Alternative bullish entry —————-✳️——————- Bearish entry #Etherium #ETHUSD Entry price - 488.00 Take profit 01 - 440.00 Take profit 02 - 410.00 🚫 Stop lose 510.00 ⬇️16% Drop expected ⤴️ Account growth 4.5: 16 ✅ Risk reward ratio 1 : 3.5 —————-⚜️——————- Push the like button , And cheer up if you found useful
COINBASE:ETHUSDShort
by forexorbit