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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Ethusdtshort
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.
ETHUSD Going back to 3k! This is where I'll buy more.Bitcoin is pumping at the time of writing this update almost, $41,300 and ETH trading around $2600.
I expect ETH to break the tringle very soon.
Once this happens ETH will be ready to push above the 3K AND EVEN 4K LEVEL.
All that it needs is to hold the 21D and 50D MA levels.
Accumulating ETH between $2400 to $2600 is a good investment IMO of course if you haven't bought yet!
(DYOR)
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What's your instance on ETH? Share your ideas in the comment section.
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EthUsd could visit the recent 1750 lowIn my previous analysis, I said that 3k should provide a strong ceiling for Ethereum, and rallies towards that zone should be should.
And, indeed, we had a rebound for EthUsd. However, the rebound was weak and without conviction.
At this moment Ethereum is trading just above local support and a break here should accelerate losses and expose 2k and 1.8k furthermore.
I will remain bearish EthUsd as long as the price is under 3k
ETHUSDT Technical Analysis UpdateETHUSDT has broken below the Support and on the 4H and 8H has been rejected multiple times from a major Resistance, Now it's at the minor Support area which means it might get a pullback for the 5th time to the Resistance for a retest before it moves down to 2240.23. We need to see the price action on the lower TF carefully to see if there is any good entry for a call or short position.
Happy Trading :)
$ETH - strong coin but at do or die areatop of daily range since its death
moved into supply
H12 and H4 bear SFP's
1H breaker of that move highlighted
look to sort interactions of that
risk defined by SFP
if it fails, longs to low 3Keks could be on or even a new short entry if that breakout above the current range high doesn't hold
Quick Short on ETHUSD. Hello Trenders,
In a calm market trading sideways is quite boring.
In the other hand is exactely there you learn to trade with disipline.
Learn to setup the chart, Analyse, set a target, always a stop limit and stick to your strategy.
If all this is stresful for ya, you are not made for this profession.
Now Eth has broken the bullish triangle and actually is in a smaller bearish triangle. Volume-tend-momentum-volatility are quite low.
Short it in steps of 80 USD then lower your SL time.
Good luck
M.M.M Make Motherfuc.in Money
Be wise: don´t work for the money, make your money work for you.
ETH Might Go down Price has broken the Trend Line, and Short position should be triggered after retesting the Broken key area of 2680-2660.
Disclaimer:
This is not financial advice.
ALWAYS DO YOUR OWN RESEARCH - NEVER TAKE THE WORD OF OTHERS AS A GIVEN!
Good luck, people! I wish you well.
BINANCE:ETHUSDT
ETHUSDT - Why not take a SHORT trade?Hey Traders!
On the 1h chart, I found huge resistance in around 2920 areas, and the bullish momentum also weakening.
A divergence made on MACD and RSI as well and the price made triple top. So I found that's a great SHORT opportunity.
Entry SHORT - 2800
Take Profit 1 - 2406
Take Profit 2 - 2234
SL - Initial 2990, after that use trailing stop loss.
Risk/Reward Ratio: 2.00 :)
ETHUSDT 1HAfter failing to cross the channel roof at 4372, he moved to the 3777 channel floor. In the meantime, it once returned from the support of its trend line at 3955, which was temporary, and finally, by pulling back to the same trend line, it went to the bottom of the channel, and then continued to correct, after leaving the channel and retreating to the channel, entered the correction. Will be more and more.