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Ethusdtrade

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?
BINANCE:ETHUSDLong
by DigiLex_LLC
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?
Long
by DigiLex_LLC
📈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✌
Short
by CrazyS
ETHUSDT - Re-entry +95.3% ROE from 20x. Reached 2 TPFrom my main review, we reopened positions with the guys and took 2 targets. Taki reached the zone of the golden range of the FIBO grid and we have a price hold. According to the current situation, the cluster analysis indicates accepted limit sales. At this time, we will move the entry to no loss, and we expect the IMB to close the marks. The expectation of a fall is confirmed. 11 position plus Statistics for all positions here. As well as the very fact of the results. To know more about my trading ideas and updates, read the description of my account
Short
by JaegerB
1
ETHUSDT - First TP DONE, but something is not goin (+52% ROE) We reach the first target from my review, which I wrote about below At this time, the position is closed at partial profit and stop loss without loss on the position I expected more. But alas, this is a crypto market, and there are manipulations. The price moves in a range. By creating only one deviation, creating a lot of liquidity at the bottom. If you want to know more about my activities, watch in the description of my account ETHUSDT SIGNAL ETHUSDT - A lot of levels are waiting for correction
by JaegerB
📈ETH analysis above 1900 level📉BINANCE:ETHUSDT COINBASE:ETHUSD Hey everyone, first take a look at my previous analysis and positions. As previously analyzed, Ethereum continued its upward trend and reached above the HKEX:1903 level. In order to continue the upward trend, Ethereum needs to stay above 1850. Don't forget to risk-free your position. Consider the impact of the Shanghai update. Please share ideas and leave a comment, let me know what's your idea. CrazyS✌
Long
by CrazyS
2