Ethusdtrade
ETHUSD double bottom and break of trend line + Bullish engulfingETHUSD
Around 309.00 area price got rejected twice and formed a Double bottom and bounced back from this level
Currently the price is above .236 Fibonacci retracement level. In 4 hour timeframe we are expecting a bullish engulfing candle. And its also reached a price action level and previous lows may turn support for the bear
Series of Higher high Higher low and Higher high was forming which is a bullish sign. In Elliot wave principal the 2nd wave is completed and the 3rd way is underway. We are expecting this 3rd wave will end at .50 Fibonacci retracement level and resistance zone and a key psychological 400.00 level
.50 Fibonacci is coordinated with the Lower high of Previous lower side impulse wave. And this level will act as resistance for the bull. If this level broken then the next target would be 450.00 which is a .786 Fibonacci level and swing area
The 50,100,200 Exponential moving average is acting as resistance for ethereum. RSI managed to move above 50 mark
If the USD will remain weaken we can expect this crypto will visit the 2020 high level which is around 490.00. On downside 310.00 will remain act as a major resistance level
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ETHUSDT Double Bottom Pattern hi to all traders
according to the double bottom pattern and the symmetric growth parameter.
i expect the pattern to be complete...
and I expect the price to touch newer than before and
continue to grow at the rate of the second triangle and then correct the price
if you're agree hit the like bottom and follow my account.
the information provided is not trading advice but an informative analysis of the price movement
continue to grow at the rate of the second triangle and then correct the price
ETH/USD LONG SET UP Technical Analysis July 28 Ethereum (ETH/USD) rebounded in today’s North American session as the pair appreciated to the 320.74 area after profit-taking pushed the pair lower to the 306.29 level, a test of the 305.98 area that represents the 38.2% retracement of the recent appreciating range from 260.10 to 334.34. Stops were triggered below the 312.46, 310.62, and 309.66 areas, retracement levels related to recent appreciating ranges from the 241.62, 223.85, and 229.77 areas. Traders were able to push the pair to a fresh 2020 high after Stops were triggered above the 328.56 area, a level related to buying pressure that emerged around the 90.00 area after the pair’s precipitous decline this year. Related areas of technical significance that traders will continue to observe include the 312.82, 316.32, and 322.16 areas. Additonal upside price objectives include the 336.10, 337.33, 342.29, 350.44, 354.22, 366.48, and 369.26 areas. A couple of interesting levels that traders will observe on retracements lower include the 301.20 and 301.40 areas, and they are related to buying pressure that emerged around the 241.62 and 319.86 areas. After crossing the psychologically-important 300.00 figure, technical support is now evident around the 309.66, 294.49, 282.06, and 269.72 levels.
Title :ETH/USD BUY LIMIT ORDER
Asset : Crypto
Symbol : ETH/USD
Type : Limit Order
Time Frame : 4hr
Entry Price 1 : $281.80
Entry Price 2 : $273.80
Stop Loss : $265.80
Take Profit 1: $302.00
Take Profit 2 : $322.00
Take Profit 3: $340.00
Trail your stop loss
Take profit 4 $360.00
If the market fails to sustain its recent move above the 300 area, traders are waiting to see what will happen around areas of technical significance including the 281.81, 275.07, 267.19, 260.83, 254.46, and 246.58 levels. Stronger bids are likely in place around the 298.60, 285.45, 274.82, and 264.18 areas. Appreciating ranges that are technically significant include the move from 229.77 to 334.34, the move from 233.85 to 334.34, the move from 241.62 to 334.34, the move from 260.10 to 334.34, and the appreciation from 90.00 to 334.34. Important technical levels related to those ranges include the 276.68, 269.72, 254.45, and 241.00 areas, and traders are very interested to observe how price activity reacts around these levels. Chartists are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).
Price activity is nearest the 50-bar MA (4-hourly) at 280.91 and the 50-bar MA (Hourly) at 318.97.
Technical Support is expected around 305.98/ 293.26/ 281.92 with Stops expected below.
Technical Resistance is expected around 349.75/ 354.22/ 366.48 with Stops expected above.
On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage.
On 60-minute chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage.
ETHUSDTHi To All . Eth Supportet At Specific Area In The Chart. I Think Eth Wants To Go For The Middle Channel. IF Breaks From Upside The Middle We Expect To Growth Until Around $249.
If Support Broken It Might Test The Around $196 Also In Short Term.
IF You're Ichimoku Worker Please Check 3D Timeframe And See Tenkansen Are Trying To Pull Down The Price For The Fill The GapBetween TenkanSen And Kijinsen
For Better Understanding Please Check The 2D Time Frame From Ichimoku You See This Gap Filled By Price And Now It's Probably Time For a 3-Day Timeframe.
If My Channel Breaks From Downside If My Channel Breaks From Downside I Expect Price reach To Around $196.
Excuseme Friends I Can't Sharing Chart And Description With Chart For 2 And 3 Day Timeframe,Unfortunately My Account Isn't Premium Because I'm From Sanctioned Country.
I hope the explanations are helpful
If You Agree Hit The Like Bottom And Support Me With Fllowing.
The Information Provided Is Not Trading Advice But An Informative Analysis Of The Price Movement.
ETHUSDT rate at 251?Friends, hello everyone, today I want to consider the ETHUSDT coin. I see that it is being traded in a rectangle and at the support level. The general picture of the main indices indicates a positive mood of investors and, consequently, growth should occur to the resistance level of 251! But as we see, a very strong manipulation or, nevertheless, a bearish absorption has occurred. What do you think?
ETHUSDT growth is possible up to 250!Friends, hello everyone today, we will review the second most popular ether coin. As we can see, we are globally trading in the upward channel. Now we have reached an important level of resistance. You can also notice that an upward triangle is drawn inside the channel. That indicates continued growth and our immediate goal is 250. I advise you to enter into a deal only after a breakdown of the resistance level and consolidation above it. Also, the cancellation of the script will be if we break through the ascending channel and gain a foothold there. In this case, then we will consider the short position. Long priority is now in priority. Also, who is interested in investing in a long time, write in PM.
ETHUSDT - analytics with history! What awaits us ahead!Good day to all crypto fans!
Let's analyze the current situation of the price movement ETHUSDT. The price of ETH moves inside two downward channels, inside a locally upward channel, a symmetrical triangle and in a five wave growth pattern. Marked on the chart!👆
What are the expectations for further price movement?
Let's analyze the situation locally: a Double bottom pattern is formed on a 1-hour timeframe with the probability of a local price increase to the upper boundary of the triangle and further development of the Double bottom pattern and price growth to the level of 214.56.
On the daily timeframe, we have formed the “Double Peak” pattern. 3 and 5 wave with dropping peaks.
Where will the exit from the triangle be? Let's analyze the story to understand the future!
In 2016-2017, there was a similar situation. The price moved inside two descending channels, in the five wave structure of growth, in a triangle, above the average sliding. In the fifth wave of growth, the price reached the first level of the fifth wave, followed by a corrective movement to the lower boundary of the triangle. Locally formed a reversal pattern "Double bottom" 3 and 5 wave with lowering peaks. However, the price broke through the upper boundary of the triangle and continued the upward movement to the levels of the fifth wave and then broke through the upper boundary of the descending channels, forming an upward trend.
The MACD indicator in 2016-2017 and now also shows the similarity of movement.
A very similar structure of the price movement with the one we see now on the chart.
The cancellation of the scenario of the upward price movement ETHUSDT is a breakdown and consolidation below the lower boundary of the triangle.
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I do not give entry and exit points.
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ETH/USD LONG SET UP ON PULLBACKEthereum (ETH/USD) traded sideways during today’s North American session as the pair continued to trade around the 208.00 level after trading as low as the 205.28 area early in the North American session. Some Stops were elected below the 206.29 area during the move lower, an area that represents a downside price objective related to selling pressure that emerged around the 253.01 area in early March. During today’s Asian session, the pair traded as high as the 219.48 level after Stops were elected above the 217.87 area, a level that represents the 61.8% retracement of the depreciation from 227.50 to 202.30. The 208.25 level represents the 23.6% retracement of this range, and chartist are curious to see if this level becomes technical resistance for ETH/USD. These trading patterns underscore the current technical nature of the price activity of ETH/USD following the recent relative high around the 227.50 level.
Stops were elected last week around multiple important technical levels, including the 213.05, 206.29, 199.16, and 198.09 levels. Above current price activity, traders will pay very close attention to the 232.88 and 242.09 areas, additional upside price objectives related to the 90.00 level, with Stops likely to be decent above the 232.88 area. When ETH/USD comes off, traders will pay close attention to levels including the 197.16, 187.79, 178.42, and 166.82 levels. Chartists are observing that the 50-bar MA (4-hourly) bullishly continues to indicate above the 100-bar MA (4-hourly) and 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) bearishly crossed below the 100-bar MA (hourly), and continues to indicate above the 200-bar MA (hourly).
Price activity is nearest the 50-bar MA (4-hourly) at 202.37 and the 50-bar MA (Hourly) at 211.57.
Technical Support is expected around 199.27/ 196.54/ 193.00 with Stops expected below.
Technical Resistance is expected around 227.50/ 232.88/ 242.09 with Stops expected above.
On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.
On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.
Ethereum hitting Resistance with Bearish Signal | ETHUSDEthereum is trading inside an ascending channel for more than a month but there is a main downtrend and this will act as resistance now and there is a main Horizontal Resistance area of 192-200$ and price is near a Pivot Resistance.
So, we can say Ethereum is trading in a very strong Resistance area so a minor correction must occur in this level. RSI bearish Divergence on the Daily and H4 candle signals that the continuation of the uptrend is weakening and we can initiate a short position here.
The downfall target is 175$
ETHUSDT local signal(long)Hello friends.
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Everything on the chart.
since I’m waiting for the last jerk up on the BTC, I’m trying to find some correlation with the ETH, it’s possible to open a long position with a short stop-loss
After this movement, I will looking for a short position and create a new full-fledged analysis of the situation.
open pos: market
stop: ~187$ (depending of ur risk)
target zone: 205-211$
Risk/profit: 1 to 3-4
the stop is short, the risk is justified
it's not financial advice
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