Ethusdtidea
#ETH UPADTE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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ETH BREAKDOWN HIS RISING WEDGE PATTERN AND CURRENT RETESTING THE SECOND RESISTNCE.
ETH SORT TRADE SETUP
ENTRY: CMP and add up to $1660
SL: $1695
TARGET: 27%
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ETH: Should hold this support!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Ethereum is in an upward price channel. Together with the support of the channel passes the trend line MA 200, which marks a strong zone for us. Below the channel, strong support from May 2021 is forming.
On the chart, we see a strong intraday downward momentum that could herald a correction. I think it could reach the support zone of the price channel, after which an upward move could continue.
The target for Ethereum could be both the resistance of 2300 and the trend line, which originates from November 2021.
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#ETH: LOOK GOOD TO LONG!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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ETH UPADTE
ETH is forming this bullish pennant pattern we can long after the confirmed breakout of this pattern with SL: If any candle closes below the lower support of this pattern
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⚡️ETH 4HR CHART UPDATE⚡️Hello, traders welcome you all to this exclusive ETH 4hr chart update.
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Let’s look into the chart,
As ETH is trading inside a rising parallel channel for the last 46days it got rejected from upper trend line resistance and continuously dropped downside after breakdown to the green support level of $1660.
In the current scenario, ETH heading towards the lower mid-trend line support which ETH needs to hold to regain upright, candle close below trend line support will lead ETH to drop to a lower green support level of $1450.
If it breaks down the lower trend line support then it can move down to the lower support zone.
Let’s see how the price reacts in the upcoming hours.
Here we need a trend reversal to go long until then stay aside and wait for the right time to get in.
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#ETH/USDT 4HR CHART UPDATE !!Hello everyone welcome you all to this exclusive ETH4hr chart update.
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Let’s look into the chart,
As ETH is currently trading at the price level of $1700 after a sharp regain of 305 from the price level of $1360.
In the current frame, ETH got rejected from the upper trend line resistance of this channel pattern and currently trading on a green support zone.
From the current level, a bounce is likely above the upper trend line resistance to break above to rally towards its upper higher levels.
ETH needs to sustain this level to rally above the candle close below the green support zone will again lead ETH towards lower trend line support at the price level of $1500.
Let’s see how it goes in upcoming hours and whether ETH be able to break above this trend or not.
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ETH: Should hold this support!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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ETH breakout this flag pattern but it is currently at the resistance let's see if it will be able to break out this resistance or not.
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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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On the chart we can see the descending channel, in which the price broke through upwards for the first time and is trying to consolidate above the level, earlier this boundary was worked out by the price very clearly and the price reacted strongly to it.
We can see that there is a battle for the side in the 1500-1600 area, either the bears or the bulls.
My guess is that the bears may prevail and bring the price back under the 1438 level, as there are no hints that the price will rise yet. The short-term target is support at 1438 and the medium-term target is the border of the lower range at 1264.
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#ETH/USDT TRADE SUTUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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ETH looks good But in a shorter time frame.
Entry range:-CMP AND ADD MORE UP TO $1508
Target:- %30
SL: CLOSE LONG POSITION if ETH breaks down this lower support
Lev:- 20x to 10x
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ETH: Is at resistance!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH UPDATE
Update: ETH form this big channel in 2d time frame.
Currently, ETH is facing two resistance one is this horizontal resistance and the second this the middle of this channel.
ETH need to break this resistance if it reject then it will go test $1280.
Let’s see how the market will react.
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ETHUSDT Elliott Waves Analysis (GLOBAL VISION)Hello friends.
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Everything on the chart. (sorry for a dirt)
It is quite possible that the bottom of the ether was passed around $900,
and we have completed the formation of the global wave (IV) and we are expecting a good growth in wave (V) in the area of 6-8 thousand.
Target zone: 6000-8000$
Risk/Reward: 1 to 15
Stop: ~900
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#ETH/USDT UPDATE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I have tried my best to bring the best possible outcome to this chart, Do not consider it a financial
#ETH UPDATE
Update: ETH lately, showed some greens which were suitable for the market. The current scenario of ETH is under a bullish expanding triangle which technically is bullish. It is testing the resistance at $1240. This is quite a decisive moment for ETH. If it successfully breaks and closes above the resistance level then we can expect some good rally. But if it gets rejected from the resistance, the trend will get reversed and we may see some drops.
Fundamentals: ETH is having a conference meeting on the 19th of July 2022. The Ethereum Community Conference (EthCC) is the largest annual European Ethereum event focused on technology and community.
What is your opinion about ETH? Do you think it will rally higher or will it drop badly?
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This chart is likely to help you make better trade decisions if it does consider upvoting it.
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#ETH/USDT 2HR CHART UPDATE !!Hello, traders welcome you all to another chart update on ETH/USDT.
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As we can see in the above-mentioned chart that ETH was unable to break above again at the price level of $1270 and meltdown by 7l5% already.
Bounce from the mid-green support zone is likely in the upcoming hours.
Candles close below the green support will lead ETH towards lower price levels.
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This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#ETH/USDT 2HR CHART UPDATE !!Hello, traders welcome you all to another chart update on ETH/USDT.
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
After a quick meltdown, ETH reversed well and regained above by 12%.
In the current scenario, ETH broke the falling expanding channel and currently moving down to retest the upper trend line.
After a retest, it is highly likely to bounce above the price level of $1200 and more.
ETH needs to hold the $1080 price level to regain above, a candle close below will lead ETH again to its lower green support.
MACD is also about to print some red bars which is the indication of some consolidation here.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask relating to this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.