ETH USD ETHEREUM printing a W formation on weekly chart
There a opportunity of short to the neck line
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ETHUSDTPERP
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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🔃✅💲Short term reversal for $ETH confirmed! #Ethereum 🚀🔜✅This chart is meant to show the confirmation of the reversal in the $ETH price. This is shown on the BYBIT:ETHUSDT chart, because of the higher (more speculation based) trading volume. It is currently showing strong confidence in traders for #Ethereum.
As shown, during the downtrend that $ETH has been in, there were multiple closes below the lower Bollinger band. These each signaled further $ETH price suppression at the time. After finding a possible bottom, then ranging sideways in what is now the current range of support, $ETH price finally broke out above the top of the range. This is very likely due to a short squeeze, however I believe that it being in conjunction with the recent bounce in $BTC and other cryptos, has allowed for confidence to be restored in $ETH price growth(at least for the short-term). Breaking above the range, with very tightened Bollinger bands, $ETH price managed to close above the upper Bollinger band multiple times. This is the first time this has happened on the daily chart since we had one (very brief) close above it, in October last year. To me this signals a (possibly very strong) reversal for #Etherem.
Going forward, I would personally expect a move up to the current strong resistance level around $2,100-$2,200, then a retest of the previous range-high/resistance, flipped to support. After that would be when I would assess everything to see if this confirmation truly has the merit that I personally believe it has.
Any strong close above $2,500 would be a very strong confirmation of this theory, and a close below $1,100 would possibly invalidate this whole theory.
**This is all my opinion, based on chart data. This is not financial advice.**
#ETH/USDT UPDATE!!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 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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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 UPDATE
ETH is forming this symmetrical triangle pattern and currently, it is bouncing from the lower support of this triangle pattern but we have $1075 to $1090 as a local resistance.
if break down this lower support of this triangle then the chart will be invalided.
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ETH: Is at support looks like it is ready to bounce!!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH UPDATE
ETH is forming this ascending triangle pattern and currently, it is on the support of this lower support.
LONG #ETH/USDT
ENTRY: $1150 - $1120
Remember to get in partially don't buy at once. It's important to keep your entry as low as possible. The best way is to buy in parts which will eventually average your entries.
TARGET: 50%
LEVERAGE: 10X
STOP LOSS: $1080
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ETH: Is at resistance looks like it will retest!!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH UPDATE
ETH is forming this ascending triangle pattern and currently, it got rejected from this horizontal level as I mentioned in my BTC Update that it will come to retest so I expect ETH to retest to up the lower support of this ascending triangle.
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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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ETH looks good But in the shorter time frame.
Entry range:- $1110-$1060
Target:- 40%
SL:- $990
Lev:- 20x to 10x
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#ETH/USDT SHORTER TIMEFRAME UPDATE!!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 the shorter time frame.
Entry range:- $1050-$1060
Target:- 10-12%
SL:- $1026
Lev:- 20x to 10x
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ETH/USDT SHORT TRADE SETUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH TRADE SETUP
#SHORT
ETH is not looking good here. Forming a symmetrical triangle pattern in 24r time frame and currently hovering near the upper resistance level.
Entry =CMP
Leverage= 5x
Sl=$1100
If we successfully break down this symmetrical triangle pattern then I'm expecting ETH to hit $680 level.
Invalidation level:- If ETH breaks and close above $1100 then this pattern becomes invalidated.
Let's see how the market will react in few hours.
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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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#ETH UPDATE
ETH is not looking good here. Forming a rising wedge pattern in 2hr time frame and currently hovering near the resistance level . ETH has a strong resistance at $1250-$1280 level.
If we successfully break down this rising wedge pattern then I'm expecting ETH to hit $950-$980 level.
Invalidation level:- If ETH breaks and close above $1300 then this pattern becomes invalidated.
Let's see how the market will react in few hours.
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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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#ETH/USDT ANALYSIS
ETH make this bullish cup and handle pattern but we need a confirmed breakout and retest then we can long ETH
Entry=$1030 to $1050
Sl= $1k
Stay tuned
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ETHUSDT UPADTE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH is during this bearish descending triangle pattern but we will wait for a seartun breakout of this Pattern for short or long it.
But now we will see some accumulation
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Lower and higher time frame trendOn a 1 hour or less ( i.e. 30min-5min.) i'm really watching to see if this wedge ends up cramping until another leg down. On the larger time frames im really looking to see if we can stay in this downward channel and i'll keep longing the bottoms while shorting the tops at the same time as the candles wick up and down on the 5 to 15 minute. TIGHT stopp losses and HEAVY leverage can make these pay and semi safe.
#ETH/USDT TRADE SETUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Welcome to this ETH/USDT TRADE setup. ETH looks promising here.
Entry range:- $1790 to $1830
Target:- 26%
SL:- $1820
You can buy it on spot or use low leverage (2x-4x)
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let's have an #update on #ethereumalright guys despite how mutch bearish I am on the high time frames I have to say that #ethereum had reacted perfectly to the point that I marked on the previous chart if you take a look at my profile, here's a new chart I'm sharing with you I already marked the possibility on the chart for you, this arow can be followed if #bitcoin just crosses 2800, otherwise any price rising means #sell #position
plz as always double manage your risk on #positions and #capital
#stay #safe
#ETH/USDT TRADE SETUP!!!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 TRADE setup. ETH looks promising here.
Entry range:- CMP
Target:- 26%
SL:- $1820
You can buy it on spot or use low leverage (2x-4x)
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ETH: Will it fall for support?Hello traders! Welcome back to another episode with analyst Aaadil1000x.
ETHusdt is inside the channel and it's already showing signs of weakness. The pattern at the peak of the channel shows that it can fall back to the support.
We can expect the ETH price to dip below 1750.
The supportive trendline is at 1740 and there is another support zone at 1720. If conditions are in favor of bulls then we will see a rise from the support area.
This channel is 70% bearish, which means ETh will break this downside but there is no clear sign of breaking this channel towards downside yet.
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