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ETHUSDTPERP

BTC multiple bearish channels observed. Visible stair patternI have decided to change my format of post to help some private messages that I have received. From now on I will post in fix format to make it less cluttered and help people understand better. On that note, here is today's observation: BTC observing downtrend with multiple channels switching from previously heading up to now heading down. My plan for today's trade: Shorting at each point where BTC hit the channel line (never chase a trade, be patient). Everytime the channel is broken and BTC continue its climb up, I will average down on the next channel (as indicated by the arrow icons) I will not open any long trade unless the yellow channel breaks cleanly as staircase like downtrend pattern is already observed with only 1 uptrend channel left. The icon arrows are guide lines. It will not hit exactly on the same spot. Use them as guidelines to make decisions based on the ongoing channel lines closest to it. A rejection usually occurs when the line is hit. These are where u usually enter your trade, or set your stop loss, or gradually increasing your stop profit point. 1) breaking the channel line means continuation of the current trend. 2) rejection of the channel line means reversal of the current trend. The arrow patterns are possible movement path. It will not move exactly as how they were drawn. Use them as guidelines to consider your decision Please always remember to put a stop loss when you first enter a position, a stop profit when you are already in profit, and never chase a trade. Should you have any questions or inputs, please let me know in the comment section, I will always answer them as best as I can, Thanks for stopping by to my post, hope it can help you better in your decision making.
BShort
by Vestige
4
ETHUSDT , We are in buy zone ...Hello guys According to our previous analysis , the market moved exactly to our way At this time from the past we are in upward channel and we are near the base trendline and we need to take signal and watch carefully to take signal and take position and buy Maybe it can break the base of trendline like BTCUSDT chart that we published but its not have high chance for it Previous analysis : Dont forget use stop loss and attention to money management Be with us and sleep comfortably Good Luck Abtin
Long
by Abtin00
2
BTC correction is completed, further climb is expectedHello everyone, it is pretty clear that BTC is now highly bullish, more so than ever. Previously whenever we hit all time high, the day after will always turn into a red candle, but not today! Its always a game of probability, but today based on all the channels that I have drawn, we are currently better of betting on long (sorry about the many lines, it may seems confusing but if you look at them carefully, they are basically current existing channels) I have not take any entry today as I was planning to confirm the direction of BTC, especially after that sudden correction that occured in the morning. I am now sure BTC is still on its way up and have decided to preplan my entry point. I have marked on my chart two possible entry points, and where best you can probably try to short. 1. we await for a small pullback nearing the past ath which coincidentally in the next few hours will meet with bottom orange channel. This will proof to be a tough wall of resistance and highly likely to reject the current downward pressure. 65,000 or so will be ideal, basically anywhere near the orange line. 2. we enter now (higher risk) and should btc drop, we will average down near the orange line should our long plan failed and the orange line is broken, we can retry to average down at the yellow line or cut loss there. I personally however suggest to make the orange channel as your life line, if it breaks, cut your long. But i know some of us are more bullish, so there I present you secondary options to pullback. Exit point will be at the blue line somewhere around 68300 ish and climbing with time. I suggest from then on to take profit and do wait and see or you can try to switch to short. Thanks for stopping by to check my idea, hope it helps you in someway. As always use my chart only as guide but please do not swear by it. May the bulls be with you
BLong
by Vestige
2
ETHUSDT , Its moving as same as ...Hello everybody I hope everyone is in profit In here we have a upward channel like BTC that we published it and exactly happend and we expect that ETH is moving like BTC movement Until the price is in this channel we expect the market is rising the price and moving toward the TP You can buy in here or you can check again the area for taking signal then take in position Bitcoin analysis : Dont forget stop loss Be with us and sleep comfortably Good Luck Abtin
Long
by Abtin00
ETH 1D What is more real: a growth of $6400 or a fall of $1100?A month has passed since the publication of the previous global idea for ETH Then we recommended covering longs in the region of $3000-3300 The price twice tried to enter this zone, first it was $2910, then $2891, and then a strong drain again into the current liquidity zone. Now it seems like another wave of growth in the ETHUSDT pair is being prepared , but there are several conditions, let's list them: 1) The price should consolidate above the liquid zone of $2,150, and then above $3,000 2) Only after the ETHUSD price confidently breaks through the $3550 mark will the path open for updating the maximum, possibly even up to $6400 for Ethereum. 3) If the price of ETHUSDT now begins to consolidate below $1700 or later below $3000, this will be a notification that buyers are weak, and it is better to leave the longs, because the price may fall into the lower liquid zone of $1100-1400 _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
41
ETHUSDT: BREAKOUT FALLING WEDGE, SHORT-TERM BULLISH FOR COINS?Hello Traders, Here’s your free ETHUSDT outlook. Don’t forget to smash the LIKE, FOLLOW, and COMMENT button to support the channel. ETHUSDT is breaking the falling wedge pattern. The momentum indicator starts pointing up in the neutral area, indicating ETHUSDT has the potential to move upward to the target area. The roadmap will be invalid after exceeding the support/target area. DISCLAIMER: This is only an outlook, not a recommendation to buy or sell the cryptocurrency.
Long
by financialfreedomgoals101
4
Ethereum pennant to 6k? Ethereum could be forming a large pennant with an upside target of $6.2k . Path may not be exact, accumulating and staying the course makes sense. Know when the structure is broken and where you could be wrong. We could see a short term pullback to form a cleaner structure of the pennant, with a pennant break out around october november. This is on the assumption that bitcoin maintains integrity with the 30k floor and doesnt form the notorious descending triangle. It could lead to a downside pennant break should bitcoin dictate that, however we would need a bearish catalyst, maybe stock market break down. However since fed have been pushing for rate hikes around 2023 you can assume the bull trend will continue onwards. Historically buying ether around the nov/dec period and selling around may/june has proven to be a rewarding period. Amplify that with some credible alts to potentially outperfom. However, considering how low bitcoin dominance is, it wouldnt surprise me if bitcoin took the lead first and take back some liquidity before the knock offs have their rips again. Good luck.
Long
by TheCheartBreaker
ETH looking weakAfter breaking trendline support and forming Bearish Flag afterwards, Ethereum has now recently been broken down of that Bearish Flag along with successful retest which can be seen by clear downward rejection from micro 0.5 fib level. My current target for Ethereum for now would be in 2.7k range as it has good support in that region consisting of Micro 1.618 fib level, Macro 0.328 fib level and Previous resistance which was retested as Support later on. The support region is represented by Green area and I am expecting ETH to fall towards that area now.
Short
by syedhamza2135