Ethusdtrade
Bulls Will take control on Eth! Trade Idea {16/07/2023}Educational Analysis says ETHUSD may go Long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Because ETH fair value gaps are unfilled in a 4-hour time frame.
through Fibonacci retracement, I am targeting up to 1.610 ratios.
The black line is the fair value gap line
The blue line is high and low of the current price.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ENTRY - 1930.88
STOP-LOSS - 1896
TAKE PROFIT - 2110
THE RISK-TO-REWARD RATIO IS 1:5.64
happy trading.
#ETH shorter time frame trade setup!ETH shorter time frame trade setup!
ETH breakout this EXPANDING TRIANGLE PATTERN and currently bouncing from this support
LONG
Entry-CMP
SL-1899
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 is in strong support! what we can expect?ETH Technical Analysis:
From a long-term perspective, ETH has often been bullish when trading inside the blue rising broadening wedge.
Currently ETH is trading at 1740$ which is a strong level of support, we are expecting a good bounce up to the upper level of this falling wedge
and if it breakout this pattern then we can see some good bounce according to the pattern.
we have 1940$ and upper resistance of this pattern.
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3.53% Short Opportunity on ETHUSDT: Act Now!Technical Analysis:
The one-hour timeframe has successfully surpassed a key level on ETHUSDT.
The confirmation of the direction of ETHUSDT in relation to the one-hour timeframe is supported by the Search Volume Profile (SVP).
The remaining details are self-explanatory!
I've been hearing that major cryptocurrencies are experiencing a bullish trend at the moment. If you share the same sentiment, let's engage in a discussion in the comments section.
#ETH DAILY TIMEFRAME UPDATE!!#ETH UPDATE
ETHUSDT is in an upward trend that is constrained by resistance and support. The local resistance that has been holding back the cryptocurrency pair for a while was shattered yesterday.
The pair departs the range when the price breaks the MA-50, and it then establishes a consolidation above the line following another testing of the barrier.
The currency will start to strengthen if the bulls manage to keep the price in the new channel.
The market has been more active recently, and we can presume that this is due to the fundamentals of the economy as they relate to the dollar index.
Support is being provided by the moving averages. The support is validated by the MA-200 crossing the lower edge of this rising channel.
Strong support: 1880, 1846, 1775.
Strong resistance: 1920, 1941, 2021.
I anticipate that ETH will continue to rise until 2021 under the influence of the bullish trend and attitude, followed by a breakout and strengthening to channel resistance.
This piece is not intended to be financial advice. Before making an investing choice, always do your own research and speak with a qualified advisor.
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ETH Weekly: Giant Re-Accumulation?!I believe I could make a very compelling case for the weekly chart on ETH becoming one big giant Wyckoff Re-Accumulation schematic. Before we begin, please take a minute to look at the Re-Accumulation schematic in the bottom left corner of this picture:
img.phemex.com
With that fresh in your mind, let's get back to the charts. It looks like back when we went and took out the ATH (just barely) in November of '21, it was actually serving a very important purpose. That was our UTAD before the subsequent bear market & giant dump back down to take out the lows of the AR & SOW. Once we took out those lows, we put in one low and then a higher low followed, which now serves as our Spring and Test right before a big jump across the creek.
Currently on our indicators, the 3 day is showing a giant hidden bullish divergence. Last time we printed a trigger wave on the 3 day, it caused Wave 3 (AKA the run-up from 1385 to 2146, see related ideas) and with this trigger wave coming in lower, while price is making a higher low, it forms a very strong hidden bullish divergence signaling massive uptrend continuation is on the horizon. This would fall perfectly in line with our big "Jump Across the Creek" in the Re-Accumulation schematic, as well as our Elliott Wave 5 from my previous post (link below). As of right now, our Wave 4 did exactly as it was supposed to by not retracing past the zone in between the 0.382 and 0.5, which should mean that Wave 5 is incoming.
Targets for this idea start at the macro GP from ATH around 2560 and increase from there according to your risk tolerance and profit taking strategy. Personally I will only be taking partials and plan to let this trade run as far as it's willing to run, with my stop loss at my entry.
What are your thoughts?
ETH Wyckoff Accumulation #2 and 5th Impulse Wave Incoming?www.google.com
ETH current price action appears to be closely following the Wyckoff Accumulation #2 schematic (link above). The way I see it, there's two ways this can go:
1. ETH breaks straight up from its current position, and that little wick that deviated from the range (marked with "x") is our LPS
2. ETH deviates from the range once again, deeper this time to take out the lows from ST B and form the Spring. This would follow the Wyckoff Accumulation #1 schematic, however it may cause an issue with our Elliott waves, as Wave 4 is not allowed to cross under the high from Wave 1. Should this occur, we may still get a move up, but we will end up with an "Ending Diagonal" (AKA Rising Wedge, link to this concept below) and a very significant correction will follow.
What are your thoughts?
Eth Update Ethusdt
I don't think there is anything bearish on the charts yet for the short term Retesting Breakout Level in case of successful retest 20-30% Bullish move expected As long as the price of Eth is above 1800$ everything is normal.
Do your own research and always manage risk
Hapoy trading
ETH new update, a drop to 1000$?Hello traders, I am expecting a markdown on 4h and daily time frames, and we have an FVG at 1485-1567... so it means ETH should drop to this zone and fill the IMBALANCE, and then I expect drop towards 1000-1200 again before bull run starts...
we might see the target of 880$ as well,
or maybe we even see 600 or 500...
but this possibility is low at the moment, but the target of 1485-1567 is very possible for now...
enjoy trading <3
📈ETHUSDT Price correction scenario📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hey everyone, first take a look at my previous analysis and positions.
According to the recent growth of Ethereum and other altcoins, as well as the fall of Dominance below the level specified in the last idea, there is a possibility of price correction at the same time as the fall of Bitcoin.
Price divergences are marked on the chart
Don't forget to risk-free your position.
Consider the impact of the jobless claims on Thursday.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌