$ETH - Complacency Shoulder or 10K?$ETH - argueably the strongest asset on the crypto market rn, just look at the amount of up candles on the daily with virtually no pullbacks
But, now we are coming into the OTE of the huge downmove
The downmove which never actually broke weekly structure to the downside, only the daily
Thus we can look for shorts within these Daily Bearish Order Blocks, which is overlapped by a 3D OB
I will not be blindly shorting though as the asset is so bullish into the sell area
Any triggers though and I think we could swing down to the MO and D OB that overlaps it depending on how BTC plays out
If we get though the first D OB, I wouldn't be too surprised and a long of the retest into new ATH's could really be the play
ETH 2.0 coming on smoke
Ethusdtshort
#ETHUSD Reached $2800! Perfect Prediction! New Setup here...Welcome to this update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
In my previous ETH update that I posted on July 26th, I speculated a move towards $2800 and recommended an entry in ETH around $2000 and within 10 days the target got filled.
We made almost 40% profit on spot.
Perfectly on track! I hope you will appreciate these efforts.
In the current chart, the main support for ETH is at $2500, $2300 is another support If ETH gets there.
I expect some pullback to the $2500 to 2750 area and then a bounce to break the current resistance level around $2849.
Once we break and close above this resistance it's highly likely we will see ETH above the 3k mark.
What's your thought on this?
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Thank you
#PEACE
ethusd shortReasons :
1)touched the support level and started to bounce back(check today's candle)
2)price action analysis(check the chart)
3)yellow ema line has started to indicate down
2nd support level will be our take profit
as you can see i decreased the number of pips in profit because we want to hit our take profit perfectly without the market bouncing back
Bear Flag Breakdown Target ETH/USDHighlighted in light blue here - this bear flag is seemingly breaking down and if you take the flagpole and measure the move it puts us right at the bottom of this macro triangle that we've been trading in. I'm short for now until we hit the bottom and from there I will be looking for a bounce to long unless the triangle breaks down
ETH intraday short with TP and SL- if you follow this setup, do not overleverage
- do not use more than 1% of your balance
simple and effective:
-speculative setup
-entry at 78.6 fibonacci
-target is my swing long that you can find here
-TP +15% gains
-RR 3.35
-updates will follow
-like so you don't miss anything
-follow me for more
good luck
not a trading recommendation or a investment advice
just my own opinion
Ethereum ETH Rising Wedge Ehtereum looks to be coming up to the end of the road for this pump. This a crystal clear Rising Wedge ETH has developed which is a Bearish Pattern. BTC is pulling a balancing act at the moment after breaking down out of its own Rising Wedge and is awaiting downfall.
Over the past few weeks, we have seen more and more of a delayed reaction between BTC's movements and ETH's movements. This is due to Bitcoins Dominance dropping and Altcoins getting a little extra juice. It seems BTC is taking the lead in this situation and ETH should follow suit.
~Targeting around 1700
~Invalidated if strong break above 2500
ETH/USDT BERPOTENSI MELAKUKAN KOREKSI Terlihat pada grafik diatas, BINANCE:ETHUSDT telah terjadi rejeksi pada area resistance, kita akan melihat dalam beberapa hari kedepan BINANCE:ETHUSDT akan mengalami koreksi untuk melakukan pengujian kembali pada area support (2025.27) dengan resistance (2258.90)