Ethusdtlong
ethusd shortReasons :
1)touched the support level and started to bounce back(check today's candle)
2)price action analysis(check the chart)
3)yellow ema line has started to indicate down
2nd support level will be our take profit
as you can see i decreased the number of pips in profit because we want to hit our take profit perfectly without the market bouncing back
ETH Triangle Breakout Re-TestRight now ETH is deciding it's fate in the coming months. If we bounce off this re-test and go back up to break 2400 we have a lot of room to the upside. If we break through this downward sloping triangle line and fail the re-test, I'm expecting bearish continuation to the downside. I have a long in at this bottom trendline - keep an eye on this. The third possibility is that we go back up to the 2400 level and get another rejection, therefore forming an M pattern just like last time we were up at these levels. Beware of this possibility and make sure you manage your risk effectively on any trade you take right now
#ETHUSD looks prime here! $2500 Incoming ?Welcome to this quick update on ETHUSD
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Etherium looks really bullish as of now.
Just like the BTC chart, I posted a few hours back.
A healthy retracement would really be good for a sustainable rally towards $2800 breaking the 25k level first.
I've plotted the two scenarios I expect from here in the chart.
Scenario 2 seems likely.
What's your thought on this?
Do you think it will keep umping or retrace back for the 2k levels?
Do share your views in the comment section and do not forget to hit the like button.
#PEACE
ETH Macro Descending Triangle Breakout We also have this macro W pattern forming - if we break the neckline here at $2418 marked in green the W target will be $3109 and the descending triangle target is $3520
Beware of potential fake-out if we get rejected at this W neckline - it's also a macro 0.618 level so it's very possible
ETHUSDT (1D CHART) - Trend BreakoutETHUSDT (1D CHART) Technical Analysis
ETHUSDT (1D CHART) Currently trading at $2181
Buy-level: Above $2168
Stop loss: Below $1702
Target 1: $2392
Target 2: $2880
Target 3: $3485
Target 4: $4181
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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ETHUSDT on the Uptrend
Welcome back Traders, Investors, and Community!
Hi Traders, ETHUSDT on H4 is going towards the Resistance. There is high chance of breaking above and going higher
⬆️Buy now or Buy at 1876.0
⭕️SL at 1702.0
✅TP1 @ 2370.0
✅TP2 @ 2850.0
We will have more FREE forecasts in TradingView soon
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Have a Profitable Day
💡Don't miss the great buy opportunity in ETHUSD @ethereumMidterm forecast:
While the price is above the support 1705.700, resumption of uptrend is expected.
We make sure when the resistance at 2910.700 breaks.
If the support at 1705.700 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 1719.100 on 07/20/2021, so more gains to resistance(s) 2035.000, 2178.000, 2346.350 and maximum to Major Resistance (2910.700) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 48.
Take Profits:
TP1= @2178.000
TP2= @2346.350
TP3= @2544.450
TP4= @2910.700
TP5= @3500.000
TP6= @4000.000
TP7= @4367.500
TP8= FREE
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ETH speculative long setup- if you follow this setup, do not overleverage
- do not use more than 1% of your balance
-speculative setup
-entry 88.2 fibonacci
-should be good support here
-target R1-M Pivot
-SL below S1-M Pivot
-if he breaks S1-M Pivot more downside possible
-TP +60,39% gains
-RR8.29
good luck
not a trading recommendation or a investment advice
just my own opinion
ETHUSDT (4H CHART) Falling Wedge PatternETHUSDT (4H CHART) Technical Analysis
ETHUSDT (4H CHART) Currently trading at $1906
Buy-level: Above $1917
Stop loss: Below $1834
Target 1: $1968
Target 2: $2037
Target 3: $2168
Target 4: $2264
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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ETHUSDT After the Breakout Could Go Higher
Welcome back Traders, Investors, and Community!
Hi Traders, ETHUSDT on H1 has still in downtrend but if we get a breakout above the Resistance there would be a chance to reach 2165.0
⬆️Buy at Resistance Breakout or Buy at 1900.0
⭕️SL @ 1800.0
✅TP1 @ 2165.0
✅TP2 @ 2405.0
✅TP3 @ 2638.0
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
ETHUSDT_LONG IDEAas the market progresses the structures become more and more visible, at this moment, I assume ethereum is forming a triangle pattern and we are the last leg of this correction.
Leg E of triangles is usually tricky and can even go below e-c, so keep that in mind and Look for patterns to get into the market.
Breaking the B-D trendline is usually the the last trigger for triangle pattern and also you can use wave e, triggers like breaking the descending channel in wave E and finally breaking 2200 price level... The targets for this triangle is at least 3400$, which can give a really nice r/r for your trades
ETHUSDT(30m CHART) Trend BreakoutETHUSDT(30m CHART) Technical Analysis
ETHUSDT(30m CHART) Currently trading at $2113
Buy-level: Above $2127 (Buy after Breakout)
Stop loss: Below $2077
Target 1: $2154
Target 2: $2189
Target 3: $2251
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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Ethereum Long Upon Volume Confirmation!Ethereum is testing the 200MAs on the 1H timeframe and holding, showing signs that price might bounce up from here. The only concern I have right now is that volume isnt very strong, so Im waiting for more volume to come in before putting in a long potential. Those who are more risk seeking could consider starting to scale in a small position here. The risk is higher as we currently dont have strong volume confirming the move, but the potential reward is higher as this might be a better entry price compared to when we do get volume confirmation. higher risk, higher reward, up to you.
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