ETH game plan BEAR scenarioETH game plan in the event of a bear scenario until the end of the year until March 2024
including targets, if this was an ascending triangle and I measure it correctly, we break the long-term trend line and go to test lower values below it, a little panic is needed before the next bullrun
that is, on the assumption that the bearish scenario will continue
more information during time on coments
Etusd
ETH Potential for Bullish Rise | 17th January 2023
Looking at the H4 chart, my overall bias for ETHUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a retracement buy entry at 1597.15. Stop loss will be placed at 1451.78.
Take profit will be at 1788.44, where the previous swing high is.
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ETH - 2 sets of Targets4H trend chart/1H trend chart
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As my last idea about ETH
ETH has already overcome the resistance of the long-term downtrend line, and it appropriately got support from the trend line while pullback.
The support level is made of downtrend line and Fib 0.618(around $2855).
Also, it forms an inverse head and shoulders pattern on 1H, so we have 2 sets of TP as below.
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Profit Targets:
4H
a) 3288----Fib(1)
b) 3596.2~3720.8----Fib(1.272~1.382)
c) 3854.5----Fib(1.5)
1H
a) 3057.65----Fib(1.618)
b) 3112.5----Fib(2)
Stop losses:
a) 2576----Red horizontal ray
b) 2856----Red horizontal ray
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Ethereum next target is 2037Based on th weekly yellow inside bar, the average upside target is around 200 dollar
So my next target is around 2037 dollar per Ether, we could reach 1900 during the weekend easily.
Let's see.
Buy now and cheap, it's still not late.
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Peace and fuck corona !
ETHEREUM ($ETH) 📐 | ETH Shortcuts - The Easy Way to Big Money😈 Ethereum (ETHUSDT) looks decent enough, we have some solid support directly below that should allow the bulls to continue the uptrend. If that support doesn't hold, then the overall bullish momentum of the current uptrend could be threatened.
While the bulls mostly just have that local support on their side, there is a little bit of potentially good news to consider due to open interest on Ethereum options having surged recently. This doesn't necessarily suggest that we'll get more upside, as the options could be simply being used as a hedge, but the action is notable none-the-less.
Support:
Our first support for ETH is the S1 orderblock and S/R flip cluster that we just tested and found a reaction off of. The simplest path for the bulls is to ride the current momentum up after the retest of that major pivot point which just occurred.
If S1 can't hold, the next logical support is the S2 bullish orderblock cluster. The bulls will still keep a relatively bullish price structure here if retested.
Resistance:
The R1 S/R flip at the prior breakdown range is the first point of resistance for the bulls. As you can see, we don't necessarily expect an immediate break of this level, but the bulls will need to breach it without too much hesitation to show the market they are in control.
Above R1, the R2 bearish orderblock at the prior swing high is the only thing standing between the bulls and continuation to the upside.
Summary:
The bulls will want to hold above S1, as a lack of buying interest here would likely result in consolidation and a return to the downtrend. It isn't that S2 won't result in more upside, it is simply that maintaining the current uptrend is a lot simpler to do if S1 holds.
Resources:
cointelegraph.com
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etp cup handleetp presents multiple possible rising patterns, when the bulls can go back up 100% in a matter of days. I recommend tracking this crypto, a good entry position would be at 1.17 and output at 2.32 to get a proffit of 100%, I would recommend a stop at 0.9, but I do not invite the investment rather to an analysis of what it is. it can happen with this currency, in previous occasions I already had some reason with etp. on the other hand 1.17 is an unbeatable position to wait for the rise to ath ie 6.19 usd. much success and great profits.
Hmm!! ETHEREUM Is Gonna RECOVER.... But NOT For Long! See Why..Hello My Lovely, Smart and Skilled Followers <3
D4 wanted to give you a quick update on what ETH has been up to. We are not taking a look at the 1D ETHUSD Chart.
Looking over the week or two, Bitcoin is almost certainly going to hit that 6,000 USD - or even maybe 5,000-level. What does that mean for Ethereum? Well, you guessed it my friend! It's gonna go down too. And as always, it will do worse than BTC.
But there is a bit of light in the darkness though. D4 wants you to notice how ETH is oversold on the daily RSI, so we can expect it to bounce up a bit! YAY! :)
But up how much then? Well, as said, BTC is not gonna let it party too much. If Bitcoin will manage to go to 7,8xx USD, as it seems like at this very moment, we will probably see ETH go up to 424 USD, where we have resistance, that is also is a Low Volume Node (L.V.N.)
Looking at the chart I see everything clearly. First we will slam our head into 424 USD, and then bounce back down to the black dotted line, which acts as HUGE support. 2 reasons - Firstly it's 78,6 % retrace and secondly it's Point of Control (P.O.C - the longest node on the Volume Profile).
That's all I had to say about ETH for today. Don't panic. Markets have to retrace. Be patient, and you'll see it reverse before long.
D4 loves you <3
Please give a like if you think ETH needs some encouragement today! Thank you, my friends :)