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Ethereum (Cryptocurrency)

ETHUSD set to extend its downtrend? Thank you for tuning in for Wednesday’s update. Today’s video analysis focuses on ETH. We also have a quick recap of some key FX moves we’ve seen since yesterday, including the USD run into new 2022 highs and the JPY crashing to 22-year lows. Some top 10 coins broke lower yesterday, but ETH held out after an impressive 5% rally in yesterday’s Asian session. This rally faded out, but we did see 1540 hold. Today has been a very different story with heavy selling so far this session. Sellers have not only beaten 1540 but are also starting to threaten 1470 support. If we see a move through 1470 and a break of the 1419 low, we will look for the downtrend to continue. Normal trend conditions will be met with a new LL backing up the last LH. What do you think? Do you agree? Do you think ETH will bounce at support, or have we missed something? We are always happy to hear feedback from other traders. Enjoy your Wednesday, and good trading.
EIGHTCAP:ETHUSDShort
by Eightcap
ETHUSDT - WATCH OUT, Bearish Pattern ❗Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 I'd like to point your attention to a bearish pattern forming on the 1D timeframe on Ethereum , a Head and Shoulders pattern is busy forming the final right shoulder. It's always tricky to say exactly where the pattern will correct to, but it is usually close to the zone where the pattern start's. This would give us a target between $1100 - $1200. A break above the head would invalidate this pattern ($2000). NOTE that this pattern may take some time to play out, since the last shoulder is still forming. To consider a bullish reversal, we'll need to see a reliable bottom pattern form on a higher timeframe: If you're interested in additional ways to make money with Crypto, check out this idea: If you're interested in what affect the Russia-Ukraine war might have on the Euro in the coming winter months, and how this relates to Bitcoin, check out this idea: Thank you for watching, tune in again tomorrow ! _________________ 👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎 👍Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
Short
by Crypto-Check-
28
🎯 EURUSD, BITCOIN, OIL and more. Quick weekly outlook. 🎯👋 Disclaimer: All ideas here are for educational purposes only, not financial advice. Your trades are yours only, and your complete responsibility. I'm not particularly bullish or bearish on any given instrument, and I don't have a "fixed" bias. I'm just following the strategy I learned from my teachers and that's all. We can have completely different views on the market and still both make profits. Everything here should be treated as a simulation. 👉I believe a trader doesn't need to predict anything, so the "right or wrong" mentality is a fundamental flaw of any beginner. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live. He's right only when he executes the system, and he's wrong only when he's taking random setups. Thank you for being here, I hope I'll be able to help you become better at trading.
TVC:USOIL
by Yelli_trades
2