ETH/USDT Technical Analysis Overview:ETH/USDT is currently trading within a descending wedge pattern (marked by converging white trendlines). This pattern typically suggests a potential bullish reversal upon a breakout to the upside. The price is approaching the apex, indicating that a breakout could occur soon.
There is a strong horizontal support zone around $2,100 to $2,200 (highlighted in brown). This level has been tested multiple times and continues to act as a solid base, preventing further downside.
The immediate resistance lies along the upper trendline of the descending wedge, around $2,400.
A breakout above this trendline could lead to a move towards higher resistance zones near $2,660 and beyond.
ETH is trading at $2,358.66, up 1.53%. The price has bounced from the lower trendline and is making its way towards the upper boundary of the wedge.
If ETH breaks out of the descending wedge, the first target would be around the $2,500-$2,600 zone. A sustained move above this level could trigger a larger rally towards the $2,780 level, aligning with prior highs.
If ETH fails to break out and drops below the $2,100 support zone, further downside could be expected, potentially retesting levels closer to $2,000 or below.
Including indicators like RSI or MACD could help gauge the strength of the potential breakout and provide additional confirmation of the trend
ETH/USDT is currently in a descending wedge pattern, with a bullish bias if it manages to break above the upper trendline resistance around $2,400. The key support at $2,100-$2,200 remains crucial for bulls to maintain control. Monitoring the price action around these critical levels will be essential for confirming the next major move.
Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
Etusdt
TON - Rocket fly against the entire market!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
I have not written anything on this project for a long time, but I often follow it and am constantly surprised.
For example: on Friday, when the entire market was whizzing down, TONCOIN was able to grow by +10%, how do you ask?
So I repeat once again who sees this coin for the first time and perhaps wants to add it to their investment portfolio.
This project has its own separate blockchain with which a large team of developers is actively working and Pasha Durov, under the guise of Elon Musk, writes his posts in and also pumps the project like Elon DOGE at one time.
Here is an example of one of the news of the project this week:
TON has been integrated into the Orbit Bridge cross-chain platform, which connects 19 blockchains and 84 popular tokens.
Cross-chain platforms are projects that are designed to securely move tokens from one blockchain to another using bridges. With the help of a bridge, for example, it is possible to move the native token of the Ethereum network to the TON network.
This can be said to be insignificant news was released on December 8, and after a couple of days TON flew away by 35-40%, that's how it is guys.
I bought another TON at $0.9 and sold somewhere in the region of $2-2.5 now I expect a correction to the $1-1.5 zone, from there I will most likely buy for the long term.
The project has a very big future and many goals for the next year. I will not be surprised if TON in the middle of 2023 will cost $5-7 and this is the bare minimum.
ETH sell rejection 1260-1265ETH has move down and broke support at 1255-60 to mark a low of 1239 now is correcting up but is forming an ascending wedge that is usually a bearish formation, I would sell a rejection between 1260 and 1265 or between DO and Pivot; RSI on 15M, 30M and 1H is overbought and on 4H is oversold, that tells me that we should have a pullback down soon, the trade would be invalidated if ETH breaks up DO and Pivot with volume
📌 I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1 // POSITION 25%-100% // MULTIPLE IN AND OUT 📌
📌 IF I OPEN THE TRADE I WILL ADD A COMMENT TO THE IDEA REAL TIME // INTRADAY TRADING ONLY 📌
💰💰 84% TRADE WIN IN DECEMBER 💰💰
16 WIN, 3 LOST
💰💰 95% TRADE WIN IN NOVEMBER 💰💰
35 WIN, 1BE, 1 LOST
💰💰 93% TRADE WIN IN OCTOBER 💰💰
40 WIN , 1BE, 2 LOST
💰💰 86% TRADE WIN IN SEPTEMBER 💰💰
37 WIN, 3 BE, 3 LOST
📌 CHECK ON MY TRADINGVIEW ACCOUNT 📌
⚡️⚡️ I LIKE TO HAVE A VERY STRONG POSITION IF I OPENED A TRADE, THAT MEANS I REALLY JUST LOOK AT HIGH POTENTIAL 🆗🆗 WIN OPPORTUNITY
I AM NOT A COMPULSIVE TRADER OR MEDIUM/LONG TERM TRADER; JUST PATIENTLY WAIT FOR THE BEST SPOT, MAKE THE PROFIT AND CLOSED THE TRADE ⚡️⚡️
ETH sell rejetcion at Pivot or breakETH has break up a descending channel and is now trying to move higher after a down correction, but it is forming an ascending wedge that usually breaks down as a bearish configuration, I would sell a second rejection at Pivot or a break of the wedge, if ETH breaks up with volume the pivot or the wedge the trade is invaidated; RSI on 15M is neutral moving up , on 30M is near oversold position moving down , on 1H is overbought and on 4H is oversold , that tells me that we may have a move down.
📌 I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1 // POSITION 25%-100% // MULTIPLE IN AND OUT 📌
📌 IF I OPEN THE TRADE I WILL ADD A COMMENT TO THE IDEA REAL TIME // INTRADAY TRADING ONLY 📌
💰💰 100% TRADE WIN IN DECEMBER 💰💰
5 WIN
💰💰 95% TRADE WIN IN NOVEMBER 💰💰
35 WIN, 1BE, 1 LOST
💰💰 93% TRADE WIN IN OCTOBER 💰💰
40 WIN , 1BE, 2 LOST
💰💰 86% TRADE WIN IN SEPTEMBER 💰💰
37 WIN, 3 BE, 3 LOST
📌 CHECK ON MY TRADINGVIEW ACCOUNT 📌
⚡️⚡️ I LIKE TO HAVE A VERY STRONG POSITION IF I OPENED A TRADE, THAT MEANS I REALLY JUST LOOK AT HIGH POTENTIAL 🆗🆗 WIN OPPORTUNITY
I AM NOT A COMPULSIVE TRADER OR MEDIUM/LONG TERM TRADER; JUST PATIENTLY WAIT FOR THE BEST SPOT, MAKE THE PROFIT AND CLOSED THE TRADE ⚡️⚡️
#ETH: POSSIBLE SCENARIOS!!#ETH Technical Analysis:-
$ETH is currently trading around $1310
As Per chart #ETH is currently trading in Descending Triangle in 4 HOURS Chart.
As per the chart Still Waiting for Confirmation Now Two Scenarios:-
Scenario 1:- if ETH breakout Upward and close any candle above then We can see a 17% Upward move toward $1500
But
Scenario 2:- If $BTC failed to Hold Recently Bottom or Support Level $1240 then we can see $1000Level.
So Watch closely and trade.
Support:- $1240
Resistance:- $1310/$1370/$1400
Please click the Like button and Appreciate my Hard work.
Thank you.
#ETH: retesting this flag pattern! which does not look goodHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#ETH(Update)
ETH breaks down this bearish flag pattern in the6 hours time frame.
currently, it looks like retests of this pattern which is not good, according to the pattern it can drop up to 22%.
In case a daily candle closes inside the flag pattern then the pattern will be invaded.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
ETH short rejection at 1369-1376ETH brooke down the wedge but has found support at DO, now is trying toget back up to resistance that start at 1366 up to 1377 where there are confluence point, I would short a rejection in this area down to DO again and after to 1345 and than 1331 in extension that is MO ; RSI 15M and 30M is overbought but 1H is oversold and 4H is neutral, i may expect another push up to resistance and than down or a pull back down now and a push up later , the issue wit shorting is that the formation is bullish as we can see a descendign broadening wedge forming so it is giving a mix signal, i still stay on the short side but i will pay a lot of attention on short at rejection becouse ETH may break up the resistance if the wedge play out or just have a fake break and short would be a profitable trade, lets see , i would not short here immediately becouse we are in a bullish formation, so just waiting time and make sure that the rejection occour prior shrting; if there is a break up the trade is invalidated
I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1 // POSITION 25%-100% // MULTIPLE IN AND OUT
IF I OPEN THE TRADE I WILL ADD A COMMENT TO THE IDEA // DAY AND INTRADAY TRADING ONLY
MY TRADING RESULTS
# 28 TRADE PROFIT IN THE ROW
86% WIN IN SEPTEMBER
37 WIN, 3 BE, 3 LOST
CHECK ON MY TRADINGVIEW ACCOUNT
MY TRADING TIME 8 00 AM TO 9 00 PM (GMT+1)
BTCUSDT | It is happened! Let's fly even higher!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
▫️We can say that the triangle worked 100%
▫️The next thing you should pay attention to is the global countertrend, which runs from $69.000
▫️We can test and get a rebound from the countertrend, in case of a breakdown, I expect a hike towards $21,500
ETHUSDT | Back to the area of interest for shopping!rivet trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
While the fund is falling, it is again dragging the cryptocurrency market down, including Ethereum!
On the technical side, we can note the support zone of $1250
The local resistance zone is $1350-1380
At the moment, we are going again to reduce $1300-1280 from there you can gain a long position!
BTCUSDT | Results of the outgoing week, goals for the next!Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 Guys, I want to summarize the past forecasts for the week!
📌 If we talk about the very beginning of the week, then nothing interesting happened there, except for the fact that there were large transfers to the btc exchange, this always means that bitcoin will be drained!
📌That's why in my video review I talked about 3 zones from 18500-19200 as the optimal point for long! As mentioned in the previous signal.
📌Now I want to share my goals for the next week:
-Bitcoin breaks to $22,000 so far without success, got a rebound from $21,700
-Further on, I expect the continuation of the correction towards $20.500-20.300 from there, you can already try to gain a position again.
-Correction-scalp shorts
-Next strong resistance next week will be $24.350
-Support zone will be 22.500$
Also, if we do not see a continuation of the correction towards $ 20,500, then most likely the Fed will help with this, which is scheduled for September 13
BTCUSDT |Today's Review| Bullish wedge, 23.000 again?Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
-The opening of the new week began with strong volatility.
▫️So far, I see more descending priority than ascending, and there are several factors for this:
▪️According to the RSI indicator, bearish divergence.
▪️ Significant volume reduction.
▪️The formation of the "rising wedge" pattern.
-I expect that the price will still go down to $23.600 and after that we will go again to try to break through $25.000
What do you think about this write your comments
ETH rallying or ramming into a resistance soon?Of course you cannot predict the future but statistics-wise, I ammore inclined to see ETH drop again rather than see it break up to new ATHs...
We have 4-5 candles to go to see the immediate effects of the Merge.Could turn uit to be a hype-pump as there are no real good long-term news for the economy. (Who will buy crypto when people are worriedabout food shortage and heating their homes in winter. Ukraine and Taiwan are also reasons to worry about. ETH has the potential to grow big in the far future but I do not expect it to happen before mid-late 2023.
We will see. I am stil keeping some but sold most of this pump.
Opinion of the popular analyst Altcoin Sherpa | Bitcoin 28000$Crypto Trader Says Bitcoin Flashing Bullish Signal, Updates Ethereum, Solana and Optimism Forecasts.
Hello friends, today I want to share with you the opinion of one polar analyst Altcoin Sherpa, he shared his point of view, what will happen in the near future in the cryptocurrency market! In his opinion, in the short term, Bitcoin is intuitively perceived as $28,000. He also gave analytics for the ETH / USDT pair, ETHUSDT SOLANA and the altcoin OPUSDT. Attached Altcoin Sherp graphics for general distribution, As long as the market moves in the way that the Altcoin Sherp analyst said. Like and write your comments if you are with his opinion or not?
Let's start.
A popular analyst updates price targets for four crypto assets as markets try to end the week in positive territory.
A pseudonymous trader known as Altcoin Sherpa tells his 180,800 Twitter followers that while he expects Bitcoin (BTC) to return to $28,000 in the not-too-distant future, a brief spike above $24,500 on July 30 has not convinced him. that BTC is witnessing a strong uptrend in the short term.
“I remain of the opinion that we are heading towards $28,000 medium term, but would like to see more swings around $23,000-$22,000 to form a significant low. To be honest, the last high of $24,700 was not very convincing, but in my opinion, this is still a bullish market structure.”
The analyst believes that Bitcoin could rise if it finds a higher low in the $22,000 to $23,000 range, although he expects Ethereum (ETH) to break out before BTC.
“I would like a higher low to be set in the $22,000-23,000 area, this is still bullish on the long charts until shown otherwise.
Still looking closely at ETH, I think it's leading."
At the time of writing, Bitcoin is valued at $22,919.
Next on the radar's radar is the Solana (SOL) smart contract platform. Altcoin Sherpa says it has been sitting on the sidelines and expects further up and down movement in the $32 and $47 range.
“It seems really unclear to me, I have not taken any active positions for Solana for some time now.
A lower high is followed by a higher low, expecting an overall greater return.”
Below is an example on a Solana chart
Solana has also seen a slow decline from the market-wide rally that peaked last Saturday, although SOL has managed to climb 2.08% in the past 24 hours and change hands at $40.39.
Moving on to leading smart contract platform Ethereum, the analyst sees a bright spot for investors who have lost money against the US dollar (USD), noting that ETH looks strong against BTC.
“You may be in bad USD positions, but ETH/BTC is really strong.
Very interesting price behavior in the medium term; I think there are some arguments in favor of not holding BTC in the future.”
Below is a hello example of an ETH/BTC chart
At the time of writing, Ethereum is trading at $1,731.
The latest is Optimism (OP), a layer 2 scaling solution for Ethereum. The crypto strategist says that after the altcoin has experienced significant gains over the past few weeks, he plans to go short OP to hedge against his other more aggressive crypto investments.
"Shorting this as a hedge for my other stuff."
OPUSD Chart Example
ETHUSDT🚀 Flying to $2000 Breakdown of the mirror level!Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 Guys, in simple words, what is a mirror level - a mirror level is a level that the instrument broke earlier, and now it bounces back to it from the other side.
💡For more than a year, the $1700 level acted as a support level, now the support is a strong resistance and it was successfully broken through, I think this is a direct road to $2000
Write your comments what do you think about this, can ETH reach $2000?
ETHUSDT |Interesting review| Are we going to breakout $2000?Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌ethereum continues to fly without any strong pullbacks to local resistance.
📌 If you look ahead, then my assumptions are that if a breakdown of local resistance happens, there is a possibility of going to the psychological level of $2000
📌While we are waiting for a correction by $1630-1650
DOGEUSDT🐕 |Meme coin review|Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌Doge there is a descending channel on the hourly timeframe, I think for a complete immersion to the channel support zone, you need to break through the middle line.
📌After that, I think it will be possible to open a short position, against the background of the btc correction, you can catch a downward movement now in any alt.
📌 The main thing is not to lose your head and try not to overestimate leverage, otherwise you will see a fiasco)
Like and comment 👍
Ethereum : D1 Hello friends
.Based on the chart: Important levels are marked
.The price is on a resistance level
.If the resistance level is broken, we will expect to move to the next level, based on the chart
.If the resistance level is not broken, we will see correction up to level A
.Follow me to see more analysis
.Analyzer: Joseph
.Date of analysis:18jul
ETHU/USDT SHORTER TF UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
LONG
#GALA is about to break out this bullish flag pattern.
Buy eth at CMP and add more up to $356
Target:-10% -
SL:- $3450
Leverage:- 10x
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ETHEREUM Break TrendLineAs shown in the chart, the trend line is broken upwards and is pullback. If the pullback stabilizes, we will have an uptrend to the resistance of $ 3,200, but if the trend line breaks and the pullback fails, the fall will fall to the support range of $ 2,500 and more.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark