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.
Ethusdtbuy
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.
ETH new update, a drop to 1000$?Hello traders, I am expecting a markdown on 4h and daily time frames, and we have an FVG at 1485-1567... so it means ETH should drop to this zone and fill the IMBALANCE, and then I expect drop towards 1000-1200 again before bull run starts...
we might see the target of 880$ as well,
or maybe we even see 600 or 500...
but this possibility is low at the moment, but the target of 1485-1567 is very possible for now...
enjoy trading <3
ETHUSDT on daily+weekly support zone, could be a good buy zoneThe same story on ETHUSDT. The price is at daily+weekly support zone. It has dipped only a bit in this zone but might go deeper. Anyways, this again is a good buy opportunity. However, the demand is not that strong as visible from the strength of bounce. It is possible that it dip further more in this support zone before having a proper bounce. The bounce shall be targeted to the daily resistance around 1936.
#ETHUSD- PROBABLY THE BEST TIME TO INVEST!!ETHEREUM long term bias is bullish due to many reason one of the crucial reason is price momentum have changed, already touched the lowest level as crypto crashed, price is currently in process of making big bullish impulses so let's not miss it out on it!!
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ETH/USDT :: Everything is ready for a purchase !?ETH/USDT :::
The resistance line (orange line) has been broken and there is a possibility of returning to stabilize itself (price).
The middle line of the channel plays the role of the current resistance, so the possibility of corrective movements increases.
The price has had appropriate collisions in the channel, and the last collision occurred at the bottom of the channel, which determines the next destination in the upper range of the middle line .
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ETH/USDT :: Update the previous idea .ETH/USDT :::
As it was said, the price reached the ceiling of the channel and turned the resistances in front of it into support. Now it is time for it to return to the ceiling of the channel once again to stabilize {this is possible}, but in general, the position is for the price to rise. It has been created properly .
ETH/USDT :: wait or .... ?ETH/USDT :::
Currently, the price in the orange channel has touched the channel ceiling and the channel floor well, and the next destination is the channel ceiling, so a long position can be considered .
But if you want to determine your position for the long term, wait until the blue line (resistance) or the red line (support) is broken .
In any case, the resistance line will be broken by continuing to move towards the roof of the channel.
Good luck .
ETHEREUM, Massive Formation With Huge Breakout Potential!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH update
ETH is trading inside this descending channel for over a year and now we are making this reversal pattern falling wedge pattern.
We need a breakout of 1350k level then we can open a long
Stay tuned I will keep updating
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#ETH IS TRADING INSIDE THIS DESCENDING CHANNEL PATTERN!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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ETH/USDT
Ethereum broke the downward channel and continued to grow.
The price broke through the resistance line, which has now become a support line.
I think the price can test the support level and rise to the level of 1290 where I see our goal.
I am going long on ETH at CMP and I will add more up to $1170 with SL $1140
This is not financial advice (DYOR)
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ETH Longat the moment i am wait for a retracement to my .236 lvl of 1608.35 and that will be my long entry i wont have a sl so put your own and my tp 1 will be at 1788 and my tp 2 will be at 1873
Will cut them if the daily closes below my .236 lvl of 1608.35
Or if you want to be safe then wait for daily candle to close above
#ETH Some Probability Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH(Update)
#ETH breakout this big descending channel currently it looks like it will restest this channel and then we can expect some good bounce from there.
technical we can expect almost 30% bounce according to the pattern.
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#ETH Some Probability & Random Distribution!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH(Update)
#ETH is trading inside this descending channel, as long as ETH trades inside the descending channel till that ETH will keep falling, To change the trend reversal ETH needs to break out of this channel.
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#ETH: POSSIBLE SCENARIOS!!#ETH Technical Analysis:-
$ETH is currently trading around $1310
As Per chart #ETH is currently trading in Descending Triangle in 4 HOURS Chart.
As per the chart Still Waiting for Confirmation Now Two Scenarios:-
Scenario 1:- if ETH breakout Upward and close any candle above then We can see a 17% Upward move toward $1500
But
Scenario 2:- If $BTC failed to Hold Recently Bottom or Support Level $1240 then we can see $1000Level.
So Watch closely and trade.
Support:- $1240
Resistance:- $1310/$1370/$1400
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#ETH: retesting this flag pattern! which does not look goodHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH(Update)
ETH breaks down this bearish flag pattern in the6 hours time frame.
currently, it looks like retests of this pattern which is not good, according to the pattern it can drop up to 22%.
In case a daily candle closes inside the flag pattern then the pattern will be invaded.
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#ETHUSDT: Will we keep falling?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH(Update)
ETH makes this bearish flag pattern in the 4hours time frame.
but it does not conform yet to confirm this pattern we need a successful breakdown of this pattern and then according to the pattern it can drop up to 22%.
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#ETH/USDT) : About to validate 15% upside move !Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Long ETH/USDT
Entry- CMP and add more up to $1292
Target:- 16%
SL:- $1260
Lev:- 10x
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