ETHEUR trade ideas
ETHEUR for the next entree levelsHello all,
I hope you are all healthy and well. In this publication I share my study of ETHEUR for the mid-term group and the long-term group.
Based on the Fib.Retrecement Levels there is a chance that we can drop to the golden zone. That seems to be a very strong support zone.
This can be an important level to keep in mind.
I've mapped out the possible entree levels and the potential next top target. I would really appreciate any input.
I hope my analysis makes sense. Leave your comments. Thanks for the inpunt
ETH corrected and ready to recreate support again and pumpThe market has had four 35% dumps and followed up with extreme bullish momentum and volatile price action. New ATH after ATH.
This time we will see the same happening. This is far from over and still is very undervalued.
People are bearish because of emotional losses but we all know that most people cannot hodl through the full bull market.
NEXT TARGET -> 2000 EUROS (People will be surprised)
ETH creeping slowly which is a good thingWith less volatility ETH has a lot more to offer with the incoming ETH2 protocol. BTC bull run may slow down with energy issues being an issue in the press, giving rise to ETH2 which is working to overcome the energy consumption and speed issues. A slow rise is healthy. Im long to the moon on ETH!
Sounds like BNB and Polkadot could be on its heels though, what do you think will win the race?
ETHEUR bearish symmetric triangle and flat bottom triangleBad news for those of us who were expecting an immediate rebound. A symmetric triangle (blue triangle) has forming since February 23rd, with base around 1253 EUR and top at 1423 EUR. It's final confirmation would be when rebounding at 1309 - 1314 EUR. Depending on the way you consider its height, the expected drop would be around 1145 EUR.
In addition, a flat bottom triangle that has been forming since February 24th would strengthen the idea of a bearish trend. Projecting its height, we're locating prices at the same level as the symmetric triangle.
Let us also remember that the previous minimum, located at 1115 EUR, is the result of a previously identified ascending wedge, whose height is also projected on this chart, though pushing prices down to 1105 and 1069 EUR respectively.
Ethereum Bull CycleThis is a once in a lifetime opportunity to do something crazy and keep/increase your wealth.
You will not see these prices in the future. This is made to show you that money printing and low value of currencies don't last forever.
Crypto is the next big thing and it already started. Too bad people still don't see this.
This is also made to show that I'm one of the many who got to buy in at these price levels.
Some decisions in life aren't risky if you see the strength and purpose of an item that's there to save your wealth.
Don't get rekt by banks, banks will only get worse. Your wealth will only decrease if you stick to fiat that keeps lowerings it's value.
I'm very dissapointed in all the people who do not see this but after a year or two, I will show them this and say, I told you so.
ETHEUR ascending wedgeAfter a discrete recovery from it's recent correction, ETHEUR formed and confirmed a rising wedge with a tip on 1328 EUR and a confirmation rebound on 1300 EUR. Depending the height of the wedge you'd consider, the drop would reach 1200 to 1140 EUR. It would be reasonable to set a stop loss on 1365 EUR if the figure is wrong!
LONG on ETHEUR Bullish Cypher pattern form on the 4 hour chart.
TP #1 at 38% fib retracement of C-D leg
TP #2 at 61.8% fib retracement of C-D leg
I am not planning to sell at that point anyways. I am still long for years to come.
ETHEUR on the verge of its last upside within ascending wedgeHello traders,
We're again near the latest ATH, as BTCUSD and ETHUSD. In the case of ETHEUR, the psychological resistance would be 1600 EUR.
As described on previous analysis, the flat top triangle (blue) which goes from mid January to early February would signal that prices would go up to 1613 EUR. However, a really disturbing ascending wedge (red polyline) has been forming immediately after the flat top triangle was completed. As can be noticed, we're at the last stage of this wedge, so keep your stop-loss thresholds tight.
Now the question would be this: will this wedge be completed when reaching 1600 EUR? Will the upside halt when reaching its previous ATH? Will a new ATH be set between the previous and 1613 EUR?
To answer this questions, I've came up with this hypothesis: Considering that the top of the flat top triangle would be a major support (that is, the zone between 1183 to 1210 EUR) and that the height of the ascending wedge signals the theoretical pullback after the pattern is completed, I decided to project the height of the wedge from the top of the triangle. The result is the hypothetical resistance level of the current uptrend, which would be located on the previous ATH (1548 EUR) or a little bit higher (1572 EUR).
Though the height of the flat top triangle signals that prices could go up to 1613 EUR, what happens between 1548 EUR, 1572 EUR, and 1613 EUR for now is a complete mystery for me.
ETHEUR 13 FEBRUARY 2021 1220 hrsWaiting for a nice pullback.
Buying this high is for amateurs. Avoid charlatans trying to make your life miserable like their life is by selling you on information they themselves are clueless about.. and boyyyy are they back.
. Learn volume analysis and be a big boy trader.
ETHEUR flat top triangle aiming towards 1500 EURHello traders,
After a brief correction, ETHEUR is back on its ascending rally. Right now chart is forming a flat top triangle (blue outline triangle). As can be noticed, its height signals the price range, which is around 1500 EUR (thus, it will test again that price). Momentum, MACD histogram and KDJ in the 2h timeframe are below underbought levels, so even if the resistence is located at 1422 EUR, right now it's also a good opportunity to buy.
Small ETH / EUR correctionThis is my very first Idea, please suggest me where I could do wrong. I'd say that ETH is retracing back to the diagonal green trendline, I would expect a bounce around the purple zone. I'd sell for the short term.
ETHEUR Elliott Wave?I'm new to trading, so please let me know if I'm missing something? :)
Planning to buy back in at C (Wherever that is ?)
ETHEUR towards 1600 EUR, part 01Hello traders,
The bullish trend isn't over yet, so unless you're an intraday trader, don't panic.
The latest ATH at 1510 EUR signals the exhaustion of the flat top triangle (B, orange) formed between January 19th and February 2nd. However, one must consider that some traders would picture a larger flat top triangle (A, blue) formed between January 10th to February 2nd, which would send prices up to 1610 EUR. Notice, that there's a chance that an ascending wedge might be forming, but we'd speculate with that if prices go down up to 1382 EUR (full red polyline), which is 0,5 Fib considering the latest bullish trend. Whatever happens there will definitely condition what would happen next, whether it be a new ATH reference, or another flat top triangle.
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ETHEUR aiming towards previous ATH and beyond (1500 EUR)Hello traders,
After an agressive correction, ETHEUR is back on its (bullish) track. Right now it is forming a little flat top triangle noticeable on the 5 minutes timeframe. As the price range taken from the base to the top of the triangle shows, we can expect prices to reach at least 1462 EUR, and a new ATH between the previous 1470 EUR and 1500 EUR. Don't forget setting up tight stop-loss limits!
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ETH inverted head and shoulderETH is braking out!!!
on the 2 hour time chart we see a inverted head and shoulder patern forming,
the down was 11%, so according to the head and shoulder patern, after the right shoulder, we go 11% back up again.
This looks like to be enought to brake the level 1,0 fib.
If he breaks, the next goal is 2100. I think that is realistic.
In my opinion this is a good entry, but you also can wait until he brakes, what should be in the next 1/2 days.
no advice, just my opinion.
Tim
