ETHUSDT Elliott Waves AnalysisHello friends.
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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!
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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.
Ethusdtlong
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.
Ethereum- False break of support and reversal?After a rise towards 1700 resistance at the beginning of the month, Ethereum has also dropped hard like all the crypto market and took a dive under the 1200-1250 important zone.
However, this drop was quickly reversed yesterday to put the coin back above support.
At this moment there is a high chance that the drop was a false break and a reversal to the upside could follow.
Clarification for a sustained up trend comes once Eth breaks back above 1400 and a break under 1k zone would negate this scenario.
2k can be the target for medium-term bulls.
ETH Long Scalp Intraday Countertrend SetupDaily Bias: Bearish
Key Elements and Plot in the Setup:
Asian Range Implementation (I did not catch that Short as it did not occur inside the Time of Day I prefer to enter the markets) Anything unexpected could happen, higher chances of being the liquidity.
HTF Price Range Arrays
Fibonacci Retracement to Discount Area in confluence to an existing HTF Price Range Array of Value (GAP in this scenario)
Targets: Simple the most recent high as above it is the midpoint of the Asian Range where it left without confirmation or retest.
After taking out liquidity in the HTF and LTF, found a Long Scalp Setup to enter.
Time of Day: London and NY Overlap
📈✌ETH 30Min Long Position: Risky✌📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hi traders, first take a look at my previous analysis and positions.
between now and the determined level, you can open long position in one or two steps. 🐱🏍
If the price rises and reaches the TP1 level, you can risk-free the position.
TP1-2-3-4-5-6 are on the chart.
The optimum stop-loss is below the determined levels.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
#ETHUSDT bullish breakout Channel Trade setup: Following a bullish breakout of Channel Down pattern, price rallied to $1,700, which is a stiff resistance area as it also lines up with 200-day moving average (SMA200). Wait for price to 1) break above $1,700, or 2) pull back near $1,500 support for a swing entry. If it’s able to break above $1,700, price could revisit $2K. Short- and Medium-term trends have inflected bullish as well. Breaking above $1,700 would also make a Higher High (above the swing high in mid-september), which would also confirm Uptrend. (set a price alert).
Pattern: Price was trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend: Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
OBV (On Balance Volume): is rising, indicating that volume on Up days is greater than volume on Down days. Hence, demand (buyers) exceeds supply (sellers).
Support and Resistance: Nearest Support Zone is $1,500 (previous resistance), then $1,250. The nearest Resistance Zone is $1,700, then $2,000.
ETH is possibly going for a retest of $1500 and $1400We gave you the targets for ETHEREUM in our last post.
After hitting our first target it seems like ETH is getting weak & RSI needs a retest we might see ETH going back for a pullback towards $1500 or possibly $1400 region.
Ethereum also recently broke our of downtrend and we have a huge gap at $1400 area that needs to be filled before more upside.
If you are looking for longs I would advice you to wait for a decent pullback towards the last breakout zone & then go long.
All the important levels are marked on the chart.
Enjoy Trading.
(press like 👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis)
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
My Other ETH Idea/FractalThe other idea & fractal that fits pretty well is this one. In the immediate short term, it would have us retrace into the 1558 demand zone and make a higher low before continuing higher. We would end up in the last fair value gap on the upside that needs to be filled, which also coincides with the macro GP from ATH. You can also take the measured move and it lands right in the same place.