ETH Long Scalp Setup OTE Asian Low - Re-EntryDay's Bias: Bullish
Plot:
- Re-Entered after price shows a long entry setup after taking out short-term low liquidity.
- Setup model, Price takes out Asian Range Low by London Session to go higher and take out buy-side liquidity.
- Price Consolidated right above unmitigated optimal long entry before London Session.
- Asian Range cleanly sets up buy-side liquidity targets before NY Session ends.
- Day's Bias based on candle stick analysis.
- Price consolidates and shows strong willingness to seek higher prices after reaching OTE .
- Highest target Previous Day's High.
Ethusdtlong
ETH Long Scalp Setup OTE Asian LowDay's Bias: Bullish
Plot:
- Setup model, Price takes out Asian Range Low by London Session to go higher and take out buy-side liquidity.
- Price Consolidated right above unmitigated optimal long entry before London Session.
- Asian Range cleanly sets up buy-side liquidity targets before NY Session ends.
- Day's Bias based on candle stick analysis.
- Price consolidates and shows strong willingness to seek higher prices after reaching OTE.
- Highest target Previous Day's High.
Ethereum -> Don't Trust The BearsHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Ethereum just retested and rejected a quite obvious previous weekly resistance area and is now approaching a previous weekly support zone.
However we are also having a bullish weekly ema crossover and just recently created another higher high, so I am now just waiting for the market to retest the next support zone before then starting the next push towards the upside.
On the daily timeframe you can also see that we are about to retest a previous daily support area, so I am now just waiting for the retest and some bullish confirmation before I then do expect the next push towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
ETHUSDT Daily: 25/02/2023: Is 2000 reachable?
As you can see, there are 2 scenarios in front of the price.
After touching the supply zone, the price had a bearish reaction, and we can expect a more bearish move.
Bullish scenario: Personally, I follow this scenario. We can define the demand zone on the chart that can push the price up. In this case, we can expect the price breaks the supply zone and reach higher levels that you can see on the chart.
Bearish scenario: Technically expectancy of the price action is follow this scenario. Since the price had a bearish reaction to the supply zone, we can expect more fall.
💡Wait for the update!
🗓️25/02/2023
🔎 DYOR
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#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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Ethereum -> The Beginning Of The Next BullrunHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
From a weekly perspective Ethereum and the whole crypto market is looking like it is potentially slowly starting the beginning of the next crypto-cycle.
On Ethereum specifically it seems like the market just wants to head higher and create a very bullish long term double bottom, before then eventually starting a short term correction to the downside.
On the daily timeframe I am now just waiting for an opportunity to enter a long postition, however the market is currently testing previous resistance which is turned resistance once again, so I am just waiting for a break above the zone, followed by a retest and then there is a high probability that we will actually see the continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
ETHUSDT probably heading to next weekly resistance at 2500ETHUSDT closed above weekly resistance turned support (1570-1590) last week. This is bullish for the price action.
The next resistance is around 1950 but this wont be able to hold back the price if there is some momentum in the price as this level will not act as a strong resistance this time.
A major resistance at weekly level is at 2500. This will act as a major resistance probably. There is a fair chance that the price in this run will test this resistance at around 2500.
ethusdt - a triangle before the last wave of growth.- The wave triangle is drawn before the final rise.
- We're down to 1680.
And more info on the video
If you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
ETH/USD Macro ViewWelcome back to RS_Crypto Analysis! Today I would like to share my insights on the ETH/USD pair from a macro perspective.
Based on the previous bull run of ETH/USD from 2016 to 2018, the price dropped by 75% from its all-time high before recovering to the 50% level. The cycle bottom was reached when ETH dropped to 93.5%. I believe that the current market conditions may repeat this pattern, with ETH having already declined by 75% from its all-time high. I am anticipating a potential rebound to the 50% level, providing a favorable short-entry opportunity.
Please note that this trade idea is based on my personal analysis, and I suggest that you conduct your own research and manage your risk accordingly before following this idea. Additionally, I will be executing this trade from my spot account.
ETH USDT BINANCEETH ranging from 2000-800.
Sell around 2000 level.
ETH following Bitcoin rally.
Plus FOMO and retail we could have a relief rally then correct heavy for one last true bottom near 800.
These are just my opinions and isn't financial advice.
DYOR
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ETHUSDT LONG Setup!!ETHUSDT (1h Chart) Technical analysis
ETHUSDT (1h Chart) Currently trading at $1638
Buy level: Above $1640
Stop loss: Below $1582
TP1: $1662
TP2: $1681
TP3: $1780
TP4: $1850
Max Leverage 3x
Always keep Stop loss
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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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