ETH clear bottom 13004h time frame
-
This market tends to fall in near future, but cannot make a huge dump without a continuation structure. Therefore, ETH is creating a potential rising channel or can be defined as a bearish flag, which will provide more momentum for further dump.
It's not hard to realize due to concept about "Stop Hunting", market always tries to liquidate as much as possible before going towards the true direction.
According to the potential continuation structure, Ethereum will keep consolidating as a flag, and the great price range to short at 1765~1791, target is 1309. Do not miss it!
Ethusdtanalysis
ETHUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Targets: 1900 and ~2200
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
ETH next low 1200 with harmonic pattern3D time frame
-
From previous analysis, we see a potential bat harmonic pattern, which will bring ETH to 1200 by December
In this analysis, I provide another harmonic patter on ETH - shark structure.
With this shark harmonic pattern, we need to see the last pump to 2215 in near future.
Then start a pullback until 1200.
As always, get ready to seize ETH below 1200!
ETH WEEKLY STRONG SELL DANGER!The strong buying zone we expected for ETH did not work as anticipated and was quickly broken. Instead of making indicator-based comments at the moment, we will try to make a comment based on ETH experiences. We have now returned to a news-driven market and it seems like we are back in a consolidation phase similar to March and April. Let's begin:
The potential buying zone for ETH is located around 1618 and 1610 areas, as it previously found support there during a strong decline and made a move towards 2100. The biggest indicator of its potential arrival is the continued negative strengthening of the 4-hour MACD. Although the RSI has entered the buying zone, it failed to turn upward, so it would be more accurate to make comments based on MACD for now.
The real concern here is that the downward EMA averages continue to be broken on the weekly chart, with the sole target being the EMA 200 area at 1557. While this is definitely a potential buying zone, it remains uncertain due to the strong sell signal on the weekly chart, and even the target of the lower Bollinger Band at 1484 could come into play again. These averages and the Bollinger Band have significant importance on the weekly chart because ETH, after a long time, appears to have ignited a strong sell signal like BTC, as the week is almost over. If we see a close around 1800 before the end of the week, this could change, but as you also guessed, this possibility is unlikely.
IMPORTANT! A trend formed from the 1108 level on a daily basis has been broken and stands as a strong indication of a significant decline. Therefore, it is worth repeating this again. The 1618-1610 range could be considered a scalp trade, given the strong indications of a significant decline. Long positions currently appear somewhat risky. I reiterate the potential target as 1557.
The strong sell signal on the weekly chart is significant for both BTC and ETH. These signals put all long positions at risk. I also recommend using stop orders for your spot purchases. There's no need to prolong the analysis. In short, you can continue with your short positions by placing stops nearby, and for long positions, it would be wise to closely monitor them and use the saying "take profit when it's good."
About 1.5 weeks ago, I mentioned the potential for a strong sell intersection on the weekly chart for BTC, and it happened. Now, 1 week later, we have the same signal and danger for ETH.
If you liked my analysis, please share your thoughts in the comments. Wishing everyone profitable trades.
ETHUSDT at weekly support, will that hold?The price has fallen back again to the weekly support 1 zone which screams for a buy but here is a bit of confusion I have when I see the BTC chart. BTCUSDT chart is suggesting that it is going down which means further down move for ETHUSDT towards weekly support 2 zone. Or its the other way round, ETHUSDT is suggesting no further down move and so BTCUSDT shall hold. Kind of conflicting, but pure ETHUSDT chart without considering any other factor suggests a long trade favorable here. But since other factor is involved, the risk shall be minimized by smaller position size and strict stop loss management.
ETHUSDT likely to head towards weekly resistance around 2072ETHUSDT is trading currently above weekly support and likely to move higher towards first daily resistance and then to weekly resistance 1 zone. I believe the daily resistance should not create much trouble for the price this time. A bit of push back might be there but I do not expect something significant there this time. But lets watch. All the support and resistance levels are marked on the chart.
ETHUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
2 possible scenarios on the chart, everything will depends on BTC,
for growth we should to realize yellow marker,
if we get decrease under ~1830, then we will catching ETH in zone 1700-1620
In any case main target zone: 2300-2500
Stop: (depending of ur risk).
ALWAYS follow ur RM.
cancellation of scenario - consolidation under 1500
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ETHUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.(update)
Nothing has changed from my last idea,everything according plan,
we close to my sedond target(1800), stop already in breakeven.
Main target zone: 2100-2300 (there i will close rest of pos)
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ETHUSDT - Re-entry +95.3% ROE from 20x. Reached 2 TPFrom my main review, we reopened positions with the guys and took 2 targets.
Taki reached the zone of the golden range of the FIBO grid and we have a price hold.
According to the current situation, the cluster analysis indicates accepted limit sales.
At this time, we will move the entry to no loss, and we expect the IMB to close the marks. The expectation of a fall is confirmed.
11 position plus
Statistics for all positions here. As well as the very fact of the results.
To know more about my trading ideas and updates, read the description of my account
ETHUSDT - First TP DONE, but something is not goin (+52% ROE) We reach the first target from my review, which I wrote about below
At this time, the position is closed at partial profit and stop loss without loss on the position
I expected more. But alas, this is a crypto market, and there are manipulations.
The price moves in a range.
By creating only one deviation, creating a lot of liquidity at the bottom.
If you want to know more about my activities, watch in the description of my account
ETHUSDT SIGNAL
ETHUSDT - A lot of levels are waiting for correction
Ethereum ETH price under the threat of falling. Hardfork soon🔥In 10 hours, the Shapella hardfork will include two major updates, Shanghai and Capella, lower commissions, and add the ability to withdraw ETH from staking.
And it is precisely the possibility of withdrawing Ethereum from staking that can create a good additional supply of ETH on the market.
We have seen various assumptions about the amount of ETH that will be released to the market, from a positive figure of only 1 billion$ to the most pessimistic 34 billion$. It all depends on the temperament of the person who made the calculations and put forward their assumption.
However, the eternal law of supply and demand cannot be changed: More supply means a lower price.
Now let's get to the facts, and we are only interested in one:
According to the project documentation, with the input data that is known now, full unlocking of funds is available for eight validators per epoch (1,800 per day). This means that 57,600 ETH (~110 million$ at the exchange rate at the time of writing the idea) can be withdrawn from the staking every day under this procedure.
Taking into account that the daily turnover of ETH is 9-10bn$, the unlocking should not critically affect the price of ETHUSDT
But who knows what it will be like in reality)
So, we have identified a wide range of $1350-1550 for ourselves, where we are ready to buy ETH again in our medium and long-term investment portfolios.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
ETHUSDT breaking up from daily resistance, likely to move upETHUSDT is breaking out from the daily resistance. Currently it is trading above the resistance. This is a good sign. It seems likely that the daily candle close will be above this resistance. However, let us monitor that. The next target for the bullish move would be 1950 area.