ETH pump to retest historic uptrend4h time frame
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According to the huge rebounce today, ETH has high possibility to retest the uptrend which just got broken om August 18th.
Also, there are two reasonable retrace levels and corresponding targets.
Retrace 1733 --> Target 1419~1366
Retrace 1846~1866 --> Target 1253
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The targets are matching with our previous harmonic analysis
Ethusdtrend
ETH Massive Formation With Huge Breakout Potential!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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In the daily time frame ETH is making this symmetrical triangle pattern, it trending around $1885 currently i am expecting some drop upto the lower level of this pattern which is 255D strong support and then we can expect some bounce after it hit the lower level.
INFO ABOUT SYMMETRICAL TRIANGLE
The Symmetrical Triangle Chart Pattern indicates an ongoing period of price consolidation before the prices break.
A bullish symmetrical triangle is a bullish continuation chart pattern, the movement preceding the triangle’s formation must be bullish.
On the other hand, A bearish symmetrical triangle is a bearish continuation chart pattern, the movement preceding the triangle’s formation must be bearish.
The symmetrical triangle pattern is different from a descending or ascending triangle pattern as both triangles’ lower and upper trend lines slope towards the centre point.
A horizontal upper trendline is formed in ascending triangles that predict a higher breakout. With a descending triangle, a horizontal lower trendline is formed that predicts a lower breakout
The trend lines should be equal in their convergence slope when a symmetrical triangle is formed.
But we still we need a breakout of this symmetrical triangle pattern
we have $2120 and $1950 as resistance
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3.53% Short Opportunity on ETHUSDT: Act Now!Technical Analysis:
The one-hour timeframe has successfully surpassed a key level on ETHUSDT.
The confirmation of the direction of ETHUSDT in relation to the one-hour timeframe is supported by the Search Volume Profile (SVP).
The remaining details are self-explanatory!
I've been hearing that major cryptocurrencies are experiencing a bullish trend at the moment. If you share the same sentiment, let's engage in a discussion in the comments section.
ETH new update, a drop to 1000$?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 4h ANALYSISHi, friends. Nice to meet you.
Ethereum broke through the important downward trend line on a four-hour basis.
I think we can expect a further rise once the retest begins.
At this time, you need to check tether domination, but please note that tether domination can go down to 7.2 points.
ETH/USDT :: wait or .... ?ETH/USDT :::
Currently, the price in the orange channel has touched the channel ceiling and the channel floor well, and the next destination is the channel ceiling, so a long position can be considered .
But if you want to determine your position for the long term, wait until the blue line (resistance) or the red line (support) is broken .
In any case, the resistance line will be broken by continuing to move towards the roof of the channel.
Good luck .
Ethereum Analysis 08.12.2022Hello Traders,
welcome to this free and educational analysis.
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Trading opportunity for ETHUSDT EthereumBased on technical factors there is a Buy position in :
📊 ETHUSDT Ethereum
🔵 Buy Now 1130.50
🧯 Stop loss 1055.82
🏹 Target 1 1187.30
🏹 Target 2 1257.68
🏹 Target 3 1422.00
💸RISK : 1%
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#ETH Some Probability Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH(Update)
#ETH breakout this big descending channel currently it looks like it will restest this channel and then we can expect some good bounce from there.
technical we can expect almost 30% bounce according to the pattern.
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#ETH: POSSIBLE SCENARIOS!!#ETH Technical Analysis:-
$ETH is currently trading around $1310
As Per chart #ETH is currently trading in Descending Triangle in 4 HOURS Chart.
As per the chart Still Waiting for Confirmation Now Two Scenarios:-
Scenario 1:- if ETH breakout Upward and close any candle above then We can see a 17% Upward move toward $1500
But
Scenario 2:- If $BTC failed to Hold Recently Bottom or Support Level $1240 then we can see $1000Level.
So Watch closely and trade.
Support:- $1240
Resistance:- $1310/$1370/$1400
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#ETHUSDT: Will we keep falling?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH(Update)
ETH makes this bearish flag pattern in the 4hours time frame.
but it does not conform yet to confirm this pattern we need a successful breakdown of this pattern and then according to the pattern it can drop up to 22%.
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#ETH/USDT) : About to validate 15% upside move !Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Long ETH/USDT
Entry- CMP and add more up to $1292
Target:- 16%
SL:- $1260
Lev:- 10x
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#ETH/USDT TRADE SUTUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Long ETH/USDT
Entry- CMP and add more up to $1460
Target:- 10%
SL:- $1430
Lev:- 10x to 20x
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#ETH/USDT TRADE SUTUP 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.
Long ETH/USDT
Entry- CMP
Target:- 10%
SL:- $1560It
Lev:- 10x to 20x
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
This chart will likely help you make better trade decisions if it did consider upvoting this chart.
I would also love to know your charts and views in the comment section.
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