#ETHUSDT Looks ready for another rally after the retest!!Welcome to this quick Update, everyone.
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ETHUSDT Looks promosing here,
Broke out of the channel .
I personally accumulated ETH around $2900 and holding on low leverage.
I expect some retracement here $3045 to $3185 and then continuation.
Upper resistance levels are:-
$3333
$3325
$3615
$3900
IF ETH IS ABLE TO BREAK THE 4K AREA AGAIN, IT'S HIGHLY LIKELY WE WILL SEE A NEW ATH!!
What's your thought on this?
Do you think this correction is over?
Do you think ETH could easily pump from here?
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Thank you
#PEACE
Ethusdtshort
Ethereum- Sell for a break of supportSince the recent 4k top, EthUsd is in a downtrend
In the last 10 days, the cryptocurrency has traded in a range between 3200 and 2750, and, in my opinion, the break will be to the downside.
3200 acts like strong resistance at this point and only price above this figure would mean that the trend has changed
My targets for short selling are 2750 followed by 2300 zone
#ETHUSDT Looks ready!Welcome to this quick setup!
Already accumulated around $2900-$3000, ETH looks ready here.
Broke the resistance into the support.
Likely we will see $3400 soonish.
Entry :- $2950 to $3120
Target:- $3300 to $3500
Stop Loss:- $2844
It will also push all the altcoins with it. What's your thought on this?
Do you think ETH will pump from here?
Or some correctio is still due?
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It takes less time and effort.
#PEACE
ETH possible dump before pumpHere what is happen if the 20-50 ma cross, if it cross. We can see eth all the way down to ma 200 support. from here it will bounch back to higher price, it will not mooning unless it break the higher high. But if you are long term holder this still a good price to buy. But if you are short trader, just wait for the best time to trade. remember we still in bull trend now
will get rejected by MA200?Hi traders,
ETH has been a channel. Now, it is about to hit the upper level of the channel. But because of the low volume and that the upper level is nearly same as the MA200, I believe it will get rejected from that level. In that case, I will stop loss if the price closes above MA50. Otherwise, I am gonna hold the position until the next support level.
Stay safe.
ETHUSDT 1D (Update):What do you think?Well, as we can see on the chart, the price has lost the upward trend support, it has already reacted to the first MPL support, if this support Breaks , we can expect it to fall to the range of $ 2900 . in case of Losing this support and completing the Double Top pattern, we can expect a further drop to the $ 2300 to $ 2400 range. The second scenario is for the price to rise, provided that the support price maintains $ 3100 and can record a Higher High above $ 3400 .
ETHUSDT Crucial pointAs you can see in the chart we have reached to a key area which has acted as support and resistance multiple times in both daily and weekly timeframe , having a look at price action in shorter timeframes we see price losing momentum, as well as obvious divergence in RSI which is giving us lower highs, plus we are getiing lower highs which draws a rising wedge giving us a signal of bearish breakout happening.
Based on my analysis I believe price is gonna come back to its previous strong support area (2700-2800) which basically is a previous key area as well as having EMA50 as support, we will then need to see how the support is reacting.
NOT FINANCIAL ADVISE
ETHEREUM SHORTGoing short on ETH as it failed to break above the 3400 daily resistance level. ETH is bullish on the monthly, so a short term pull back on the monthly is good for the next bullish move.
Wait for ETH to pull back/retest of the structure which would give a likely head and shoulder pattern before you short. TA is clear..
Let me know what you think?
Relief Rally Over. Top is InRight where I put the vertical line go zoom in on the 1 hour and then the 1 minute. We're starting to print mirror image patterns. The trend is about to flip. Also it just so happens that we are right at the golden pocket from ATH to the bottom of our consolidation zone. You can see the bearish H & S pattern that is flipping the trend and how it's rounding out the top. Go short something and hold it all week. Thank me later.
Oh also how could I forget to mention the massive bearish divergence on the 4 hour that we've had all week