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Ethusdttrade

ETHUSDT: 04/04/2024 The recent surge in the cryptocurrency market has resulted in a record high for Crypto, leaving a liquidity gap in its wake. Current price behavior indicates a strong possibility of a significant correction in the near future. Therefore, we have identified two potential entry points for a short position on ETHUSDT. Please monitor the price closely and consider executing a sell trade once it reaches our specified levels. Good luck and trade safely.
Short
by Setupsfx_
12
ETHUSDT probably heading to next weekly resistance at 2500ETHUSDT closed above weekly resistance turned support (1570-1590) last week. This is bullish for the price action. The next resistance is around 1950 but this wont be able to hold back the price if there is some momentum in the price as this level will not act as a strong resistance this time. A major resistance at weekly level is at 2500. This will act as a major resistance probably. There is a fair chance that the price in this run will test this resistance at around 2500.
Long
by angela_altair
ETH Nightmare ScenarioThis is the worst case scenario for ETH - this turns into a giant macro head and shoulders and completely collapses. Bitcoin has one also. The neckline would be the macro 0.618 from the very bottom to the ATH. Once the SPX starts to collapse (as per the 2008 crash fractal which fits perfectly over the current price action) crypto will go the rest of the way with it. I've seen this dump coming for a while now and was wondering what the news event would be to "cause" it (because everyone knows you can predict when the news events will happen by looking at the charts) - we got our answer with FTX. The "black swan" event that broke the market. Put your hands up and yell "Weeee!" all the way down the rollercoaster. Short everything for financial freedom and then get your money off the exchanges before they freeze withdrawals lol
COINBASE:ETHUSDShort
by DigiLex_LLC
ETHEREUM FORECAST - What's next?Ethereum has been on a wide range downtrend and has also been susceptible to the indicated dynamic resistances. The provided chart shows the s/r levels and the plausible price direction in the event of a breakout or retracement. Considering the fact that btc is showing bull signs & Ethereum is staying afloat the second long wick area compared to the break below the first long wick in the inception of the retracement implies a plausible uptrend(breakout). A daily close above $2.61k would infer an assurance of a continuous uptrend to the major resistance. Be patient enough to wait for confirmation before taking a long position. Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
by Pearl-A
4