Ethusdtidea
Ethereum ETH price wondering where to go nextThe ETHUSDT price has begun its correction, along with the entire crypto market. But in fact, it has held up better than the BTCUSDT price, and has not yet updated the lows of late January.
By the way, at the beginning of the week, we published a fractal on the BTCUSDT chart, and it is working out quite well.
Now the whole world is waiting for February 14: couples in love to celebrate Valentine's Day, and traders in financial assets to wait for the US CPI to be released.
If the inflation rate is lower than expected, it is very likely that the growth trend will continue.
If the inflation rate is equal to or higher than forecast, financial markets and especially cryptocurrencies will continue to correct downward.
For the ETH price, the ideal correction for continued growth is in the range of $1400-1420
Critical correction to $1340, below that, there could be trouble.
What are your expectations for the further movement of the ETHUSD price? Write in the comments
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ETH|USD Weekly Trading Insights: Chart Analysis for Long-Term A 1-week chart analysis of Ethereum can provide valuable insights for long-term holders of the cryptocurrency. By examining the price trends, volatility, and volume of Ethereum over the past week, it is possible to make predictions about the future performance of the asset.
For instance, a steady upward trend in the price of Ethereum over the past week, accompanied by high volume, indicates strong investor confidence and market demand, which are positive indicators for long-term price growth. On the other hand, if the chart shows a lot of volatility and price swings, it could signal a lack of market stability, which may cause concern for long-term holders.
Additionally, a 1-week chart analysis can also provide insights into the impact of any major events or news on the price of Ethereum. For example, if there was a significant spike in price following the announcement of a new development project or partnership, this may indicate that the market is excited about the potential of the project, and that long-term holders may benefit from its success.
Furthermore, Ethereum is often considered a leading indicator of the overall crypto market, so analyzing its 1-week chart can also provide insights into the broader market trends. For example, if Ethereum is experiencing a period of growth, this may be an indicator of positive sentiment for the entire cryptocurrency market.
Overall, a 1-week chart analysis can provide valuable information for long-term Ethereum holders to make informed decisions about their investments. By monitoring trends and staying informed about market conditions, they can make more informed decisions about buying, selling, and holding Ethereum.
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 .
ETHUSDT 4h ANALYSISHi, friends. Nice to meet you.
Ethereum broke through the important downward trend line on a four-hour basis.
I think we can expect a further rise once the retest begins.
At this time, you need to check tether domination, but please note that tether domination can go down to 7.2 points.
ETHUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and higher
Target: 1130 - 1070 - 1020
after first target reached move ur stop in breakeven
Stop: ~1360 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
📉✌ETH 4H Short position✌📈BINANCE:ETHUSDT
COINBASE:ETHUSD
Hey everyone, first take a look at my previous analysis and positions.
Between now and the yellow area, you can open a short position in two steps.
TP1-2-3-4-5-6-7 are on the chart.
The optimum stop-loss is above the determined area.
Don't forget to risk-free your position.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
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.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#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
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
#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.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
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)
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
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)
Almost nothing has changed from my last idea,
We went to implement the orange marker and complicated the corrective structure to a double zigzag(wxy),
I still expect that Ethereum should to show good growth, right now there is an opportunity to open a position with a good risk to reward ratio.
Entry: market and lower
Targets: 1500 - 1800 - 2200
Main Target zone: 2200 - 2500
Stop: ~870 (depending of ur risk). ALWAYS follow ur RM /MM.
Risk/Reward: 1 to 6
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 Potential Short setup-Overall, the price is in the downtrend including the 4H structure.
-Right now, what I am looking for is the retracement, because most likely it will make a major structure ( Lower High)
-When the price arrive at the support, look for confirmation entry (strong rejections or Engulfing) in 30M or 1H or even 15M
Targets are 1100 and 1040
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)
We got another complication of the correction,
but I'm still positive and expect an increase from the current price or through one more slight decline in the $1050-1000 zone.
Target zone: 2200 - 2500
Stop: im w/o stop(depending of ur risk). but setup will invalidated at 850$
ALWAYS follow ur RM/MM.
Risk/Reward: 1 to 5
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 is relevant.
Idk, with the update of the local peak, or without the update,
I drew 2 possible scenarios because there is a possibility that the first wave of growth has already been formed and we can start correcting now,
in any case, regardless of the local scenario, the targets above are relevant.
Im in pos from 1290.
Target zone: 2200 - 2500
Stop: im w/o stop(depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
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.