ETHUSD Daily Updated Thoughts 5/23/22Price has almost reached the 2.618 level of a major Fibonacci circle area
As price reaches this level within the apparent downtrend, a breakdown may ensue vertically along the blue circle
After this event a prompt recover will follow, and this is when I believe the bulls will return in force.
Trend line drawn horizontally against 2.618 shows a double bottom formation which further emphasizes a bull rejection
Other patterns on the chart include a Rising Wedge which shows a clear top point
Price (bars pattern) placed around the 2.618 area are just estimations, the main takeaway is a recovery at 2.618.
Daily chart
I am long Ethereum
Ethusdtlong
ETHUSDT Analysis (Local Vision)Hello friends.
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Everything on the chart.
Entry: market and lower
up from the current price or through 1700
Target: zone 2350-2550
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward:
risk is justified
Good luck everyone!
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#ETH/USDT 1 HOURA UPADTE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH USDT UPDATE:
LONG #ETH/USDT
ENTRY: $1950 TO $2000
SELL- 10%
LEVERAGE: 5x to 10x
STOP LOSS: $1800
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#ETH/USDT DAILY UPDATE !!Hello members and welcome to this ETH/USDT Quick Chart Analysis.
s I mentioned in my previous chart that there is not much change to watch on this daily time frame Fib Retracement Label support area is $1900 sa bounce huaa and first resistance label is $2450 and is currently trending at $2028
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#ETH 4 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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ETH is forming this double bottom, we have $1900 as a support we need to close the daily candle above this level.
ETH needs to hold this if it will not able to hold the support then the chart will be invalid.
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Bullish rebound to continue fallingThe Momentum with a positive slope (dark red color) is indicating the beginning of an upward movement, we only need the ADX to have a negative slope (grey color) to confirm the loss of bearish strength.
The possible area of interest is the values between 2700 (EMA 55) and 2600 (POC - Point of Control), these values will change over time, and you should also keep an eye on the movement of Bitcoin.
PS: In my opinion the best area to accumulate is approximately 1800.
#ETH/USDT 2HOUR UPDATE !!Hello, dear traders welcome you to this ETH/USDT 2HOUR chart analysis.
I have tried my best to bring the best possible outcome in this chart.
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CHART ANALYSIS:
In my previous ETH post, I showed you that ETH is forming a triangle pattern and we found a breakout but it did not move according to the pattern. This is simply because everyone is talking about the same pattern and market makers never want more than 90% to be right, so they manipulate the price action. So we have to be extra cautious at this time.
Now coming to the chart. Eth is forming an ascending triangle pattern on the 2-hours time frame. The direction of the breakout will determine the next step for ethics. Our target is $2.5k if eth breaks this wedge (closes above $2.3k) or if eth breaks through this triangle (closes below $1.9k) we should target $1.5k
Let's wait for the breakout or breakdown then we will decide our next move.
What do you think about this?
Do you think we go to $2.5k or $1.5k from here?
Share your thoughts in the comment section.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
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#ETH DAILY TIMEFRAME UPDATE!!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.
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#ETH USDT UPDATE:
ETH bounce from l lower support of this big descending channel or inside this channel ETH is forming this expanding triangle pattern IMO ETH will retest the lower support of this triangle pattern an then we can expect a bounce up to the upper resistance of this triangle.
If it broke down the lower support of this channel then the chart will be invalid.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
I would also love to know your charts and views in the comment section.
Thank you
Ethereum is approaching significnat support. There is a blood bath on the Crypto market and, of course, Ethereum is not making an exception. Although I'm strongly bearish on the medium term, at this point I expect a correction.
In Eth's case, the price is approaching a strong support zone and a speculative buy trade can have good chances of success.
Looking at the posted chart we can clearly see the level that I'm talking about and the Ethereum can have a relief rally towards 2k from this zone.
If you take this trade you should be very careful and trade low volume because you are grossly against the trend!
ETH/USDT UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do 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 in this chart, Do not consider it as FINANCIAL ADVICE.
#ETH USDT UPDATE:
LONG #ETH/USDT
ENTRY: $2250 TO $2350
SELL- $2500 - $2600 - $$2700 - $2800 - $2900 $3000
LEVERAGE: 5x to 10x
STOP LOSS: $2100
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#ETH/USDT DAILY UPDATE BY CRYPTOSANDERS !!Hello, members and welcome to this ETH /USDT quick chart analysis.
In the current scenario, ETH is heading towards the lower support area of $2194
As per the current scenario, if ETH holds the $2300 level, we could see a rally from that level.
Now, IMO we should sit aside from the market until there is a bullish divergence.
This is not a piece of financial advice.
If you like it then hit the like button and share your chart in the comment section.
Thanks.
This is not a piece of financial advice.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
#ETH exclusive long term update: must read!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do 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 in this chart, Do not consider it as FINANCIAL ADVICE.
#ETH LONG-TERM UPDATE:
If you look closely at the first cycle and compare it to subsequent cycles, you will find that the beginning of 2021 was great for ETH because it grew by almost 500% in 3 swings.
If you look at the second cycle, the price has risen at first, but later you realize that this is a trading range. In the trading range, there is a difference between the buyer and the seller.
After the failure of the trading range, the price enters a downward trend for a while and falls about 51%. You may think that this is too much and it is no longer possible for the price to return. In fact, this is not the case. It is necessary for the price and health of the market, although this decline did not happen easily,
In general, I do not see good conditions for risky financial markets. On the other hand, the price is currently moving within a trading range, which is also a sign of the end of the downtrend and the beginning of a new cycle.
If the price wants to move as it did in the past, we should see an increase in the price of ETH in the coming days
We can see in the chart that ETh is making this ascending triangle pattern under this channel so according to this triangle pattern if ETH break this triangle pattern with conformation we can expect a bounce up to $1000
if it breaks the lower support of this channel then the chart will be invalided
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#ETH/USDT break the resistance?Hello, welcome to this ETH/USDT 4Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-
As we had mentioned in our previous chart that ETH will break and will gain some % that happened till now very well.
ETH also broke the $2890 level resistance and that resistance becomes support now.
Here I am expecting a retest to the support zone which will be more
Strong to take entry for a shorter time frame.
According to the current scenario, ETH will be facing another strong resistance level which is the $3150 level which ETH needs to break for a bull rally confirmation in long run.
Here we should wait for the confirmation which is broken to the $3150 level to get in the market.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
ETH IMPORTANT UPDATE MUST READ THIS!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do 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 in this chart, Do not consider it as FINANCIAL ADVICE.
#ETH USDT UPDATE:
ETH is lying on the lower support of this big ascending channel like BTC or inside this channel ETH breakout this falling wedge pattern currently it is retesting it if it retests successfully then we can expect a bounce up to the upper resistance of this big channel.
If it broke down the lower support of this channel then the chart will be invalid.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ETH/USDT 4 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do 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 in this chart, Do not consider it as FINANCIAL ADVICE.
#ETH USDT UPDATE:
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH/USDT update.
ETH is bouncing nicely from the lower trendline of the wedge. Now it is moving towards the breakout point. If ETH breaks and closes above this wedge then we see some good movement in ETH and Altcoins.
If it again rejects from the wedge breakout point then we might see another lower low.
So it's better to wait for some confirmation to enter any trade setup.
Let's see how the daily candle closes.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
#ETH/USDT 4HOUR UPDATE BY SANDERS!Hello, welcome to this ETH /USDT 4Hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In the above-mentioned chart, ETH/USDT still trending inside the channel pattern above the support zone which ETH holds very well.
Here I am, expecting a bounce from the support green zone and a break to this channel pattern which will be good in the short term for the Altcoins (well pump).
If it breaks the support zone then the scenario will be changed.
So, it's better to wait for the confirmation to get in the market.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2754.06).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 51.
Take Profits:
TP1= @ 2840.10
TP2= @ 2904.65
TP3= @ 2979.96
TP4= @ 3048.83
TP5= @ 3167.06
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
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💡Don't miss the great buy opportunity in ETHUSD @ethereum
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2754.06).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 52.
Take Profits:
TP1= @ 2840.10
TP2= @ 2904.65
TP3= @ 2979.96
TP4= @ 3048.83
TP5= @ 3167.06
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
#ETH: LAST HOPE FOR ALTCOINSHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do 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 in this chart, Do not consider it as FINANCIAL ADVICE.
#ETH USDT UPDATE:
ETH is lying on the lower support of this big ascending channel like BTC or inside this channel ETH is making a falling wedge pattern.
Here we want a breakout from this falling wedge pattern or if it broke down the lower support of this channel then the chart will be invalid.
Let's see how the daily candle closes.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ETH IMPORTANT UPDATE MUST READ THIS!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do 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 in this chart, Do not consider it as financial advice.
Welcome to this ETH/USDT update. ETH looks good in LTF.
ETH is forming this flag pattern in a 12hr timeframe which is a bullish pattern. All we need is a breakout. Currently, it is losing the support of 200 MA.
RSI is showing some bullish divergence.
IMO you should buy it at $3780 to $2850
SL:$2700
Strong support:- $2750-$2800
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you