Ethusdtsignal
ETHERIUM 1HOURLY NEAR FUTURE ANALYSISTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and Long Term).
We have 1 Uptrend in green color Internal Trend (Short term) )
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are levels from my past ideas published or levels that were respected from the past.
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#ETH/USDT UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH UPDATE
ETH is not looking good here. Forming a rising wedge pattern in 2hr time frame and currently hovering near the resistance level . ETH has a strong resistance at $1250-$1280 level.
If we successfully break down this rising wedge pattern then I'm expecting ETH to hit $950-$980 level.
Invalidation level:- If ETH breaks and close above $1300 then this pattern becomes invalidated.
Let's see how the market will react in few hours.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
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ETHUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Like for me would be logical to see some correction in zone 1500-1700,
and then will be one more decline in GLOBAL support zone 550-750$ there i recommend to buy asset in invest.
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ETHUSDT ShortTime Frame: 4H
Symbol: ETHUSDT
Entry: 1212.19
TP: 916.02
SL: 1429.38
Bias: Short
The pair is showing a slight promise for an upward drive of price but the over optimism to be bullish may not hold water. The overall bias is bearish and the chances are the pair is going to drop from its current price level.
ETHUSDT ShortTime Frame: 4H
Symbol: ETHUSDT
Entry: 1118.26
TP: 795.46
SL: 1371.43
Bias: Short
Considering the historical analysis of this instrument, we think the bearish trend is already established and the falling of current price level will continue. There may be some strong trend adjustment which must be kept in consideration while trading.