Ethusdtshort
#ETHUSD Reached $2800! Perfect Prediction! New Setup here...Welcome to this update, everyone.
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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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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
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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)
Ethereum Head and Shoulders target fall to 2000Ethereum seems to be continuing its bearish trend. We are looking at a potential short at the 200MAs, which is currently sitting at around 2240.
A new pattern is now potentially forming, the head and shoulders, with the neckline at 2125. If price breaks the neckline, the target is around 2000.
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ETHUSDT Short or LongThis is something what I watching atm for ETHUSDT.
Will post screenshots for possible long here (even from this level) but prefer to come to better buy zone with solid SL and very good R:R.
Anyway if I see run from ETHUSDT to that level where is strong confluence, golden pocket high to low, possible 1 to 1 extension and Crab harmonic pattern (appears often in B-C Elliott wave fractal) will watch for possible short (still will see how this develop in meantime.
Also can fit, maybe too perfect, in EW count where we have 5 waves down and in that point finish upper correction.
REMEMBER all this charts is education only based on harmonic patterns , Elliot waves and Fibonacci.