Ethereumshort
Ethereum Sets To Complete A Simple Zigzag PatternEthereum sell-off from February high can be seen as a five-wave impulse pattern, labeled i-ii-iii-iv-v.
According to Elliot Wave rules, a three-wave correction follows every impulse wave. In ETHUSD's case, the rally from wave (a) low to wave (b) high unfolded as a three-wave a-b-c zigzag pattern.
The correction also terminated at a resistance zone that lined up with a descending trendline and 50% Fib. Once the correction is completed, the primary trend is resumes.
If this count is correct, a five-wave decline is expected in wave (c) to complete the simple zigzag pattern.
I will be looking for a retest of the channel support and weekly trendline for the target.
What's your view on ETHUSD?
Ethereum Easy Short To $50While everyone is looking for a rally to the moon before halving, this is the time to look for bearish entries. Thanks to the whales and market makers we keep seeing these pumps. Just as you would dollar cost average your long entries, it may be the perfect opportunity to dollar cost average your short sell entries.
Ethereum is very unlikely to be the second largest coin during the next uptrend, if there is one. Please be warned that the next downtrend will not be the same as anything we have seen before. A major trend in Bitcoin dominance is about to reverse. The sole reason we saw all sorts of sh*tcoins rally in 2017 and onwards was because of a sharp decline in Bitcoin dominance. If you take a look at the BTC.D chart, you will notice that the trend is about to reverse and sh*tcoins are headed for the maximum pain scenario in the months ahead. I will not be surprised if most of the useless altcoins go belly up during the next downtrend. Stay safe, folks!
ETHUSDT - came to the resistance zone of the rising channel 200$Hello everyone, Ethereum has come to the upper zone of the rising channel, a possible wedge.
We have a big bearish divergence on the price and indicator of RSI.
Possible false breakdown and refund.
I look forward to a possible development of the fractal.
Since the risk-to-profit ratio is a good try short trade.
Entrance 200 - 204 $
Stop 206.5
Goals 188.2 and 176
This is just my opinion, and is not a call to action)
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ETH/USD 12H (Bybit) Channel exited but about to enter back &downEthereum is going for 7 weeks without a red candle, it's going down pretty soon in my opinion!
Wasn't able to really break-out the parallel channel, I'm expecting a retracement near Fib. 0.236 (201.84) at least, but could bounce on EMA20 first, around 212.60 USD.
Look at how it got rejected on last high zone (~230ish) this is a sign it should totally enter back the channel this weekend or next week.
A stronger correction is also valid until support, maybe MA50 or even Fib 0.382 if (185.43) bears are back to the game. Set-up:
Entry range= 227.50 - 223.30 (Mark)
Take Profit= 212.70 | 203.05 | 193.50 (Index)
Stop Loss= 238.15 (Last)
Risk/Reward ratio= 1:1 | 1:1.75 | 1:2.5
Expected Profit= 5.63% | 9.92% | 14.15%
Possible Loss= -5.66%
Leverage= 5x | 10x | 15x
Fib. Retracement= 0.236 | 0.382
ETH dead cat bounceEthereum dumped by almost 10% and bounced. IF you take a look at week timeframe, you will see that ETH never ended its downtrend. Just keep on falling and falling and falling. The only bullish moment it has, is that now price is near historical all time low with falling volume, which could be a sign for potential reversal, but certainly not a confirmation of it. And without confirmation better stay away from that coin.
If price will fall below 171 once again, ETH is dead. IF bounce above 173, there is a chance it will bounce to 179. Just monitoring it.
Ethereum - Support vs CapitulationAfter another sell-off earlier today, crypto markets have continued to fall, with the total market cap dropping to $220 Billions threshold.
Ethereum couldn't avoid taking a 6.57% hit driven by the overall bearish market sentiment.
Question:
What is the probability you see at $175 major bottom and support against , $175 failure ?
Looking forward your commend and would appreciate your like and engagement.
Thank you
Scrembo
ETHEREUM DAILY ANALYSIS - DOWNTREND?Hey traders,
From my analysis of the Daily charts I see that price has broke through to the downside of the orange trend line.
Price also formed a bearish pinbar signaling a rejection of the 2nd retest of this same line.
Using a simple 50 day moving average, we see that price is trying to break below this.
Daily trade analysis and ideas:
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ETHUSD SHORT 1 HR Support Resistance Trading and TrendtradingHello to all watching my charts.
Here i want to bring you some trading information
same as in my EURUSD blog
1. Trendchange
To check what is a trend you will find these more basics in my
ebook on my website soming soon.
Its always happens in these manner:
In the longer time review a trend is maybe still valid,
Butt the things which happens now counts always
NOT what has happens a few days or hors or minutes.... ago.
So long time review here is BLUE
HERE IT STARTS WITH LONG
IN the midtime review we do have a part of the long time trend shown
AND a part of the what happens now.
THAN IT CHANGES FROM LONG TO NEUTRAL - CHANNEL IS FLAT
So midtime review here is RED
HERE ITS NEUTRAL
And at least we get the chart information what happens really
NOW or the last.minutes / Hours
THAN IT CHANGES FROM NEUTRAL TO SHORT
Channel GREEN is SHORT (fallin down)
This points are in all timeframes and all datas same
Its either this procedure
LONG than
NEUTRAL than
SHORT
or the other way round.
2. Support and Resistance
In additon i have marked the fall below the last resistance at
ca 174.58
and now we are in short land.
To get again in a long trade we should climb above the green line
in these green arera.
Good trades
Renkotrade
191021 ETHUSD analysis. Fall in the medium term.Hello, my friends. It's Cryptoranger K.
Today was a day when I didn't see anything special on the chart. I looked in for a while, gave up and just rested. And I look at the chart again at night. I thought about why. And I concluded that it was because I had a lot of expectation that 'I want the bottom to come out quickly'.
Looking at the ETH 4 hour chart today, I found that the current price flow is drawing a falling wedge. And the four-hour candle seems to be rising. And again I saw the daily chart.
191015 ETHUSD analysis. it's good to watch the stochastic flow.Hello. It's Cryptoranger K.
The ETH flow so far is moving within the framework of the falling flag and the falling wedge. Personally, I think this is where the ETH price rises. It's exactly weighting up and down about 8:2. But if you look at the chart, it is unlikely that the price will rise right at this point. The reason is because of BTC.
ETHUSD today analysis, 191012. Want UP but it needs 1 more fall.Hello, my friends. It's Cryptoranger K.
The current situation of EHT is that the 1-day candle is stuck between the 10-day and 50-day lines. I think the current state of the candle is just a return to the original seat. First of all, the current position is still vague to determine the rise or fall. I am considering both rising and falling.
The characteristics that can be seen that the price is falling on the daily chart are as follows.
1) The 5 & 10day line seems to be dropping its head down.
2) The MACD histogram is falling as a small arch.
3) Stochastic made Dead Cross.
ETHUSD today analysis, 191011. Wait til the flow will be clear.Good morning. Cryptoranger K.
As you may have noticed late yesterday, I told you that the place was ambiguous. And still my position is Long. Yes. The chart shown above is a one-week chart. I'm basically Bear, so it's easier to see the invert chart. If you look at the chart, you can see the following features.
ETHUSD today analysis, 191010. I think it will drop to $184~186Hello, my friends. It's Cryptoranger K.
Yesterday ETH has risen quite a bit. And so far, it hasn't shown much movement. In fact, I posted a short analysis saying that ETH is likely to rise, and I immediately deleted it. The chart shown above is a 10-minute ETH chart. As I saw earlier, I thought the current flow was a rising pennant. But in another way, the flow looks like a rising flag. The reason I wrote it is because no matter what the current flow looks like, I've seen it as a place of decline. The reason is that I thought by looking at the ETH 3 hour chart.
ETHUSD today analysis, 191007. I think it still need 1 more fallHello, my friends. It's Cryptoranger K.
After a long time, the main altcoins show the white body as a whole. When I saw this, I would always shake my heart. And I used to buy in anxiety that I might miss the chance of rising. Is XRP climbing the most now? There are many opinions that other altcoins will rise because XRP is up. Personally I don't trust company based cryptocurrencies. Of the large altcoins, Ripple is not particularly fond of, so I don't care if XRP goes up or not. So let's analyze ETH without Ripple. I think the price of ETH is quite likely to rise in a month or two. However, I do not think the rise in ETH will happen immediately after XRP is up.
Based on the ETH week chart, the intersection of the 5, 10, and 50 day lines is likely to appear the next week or two later. First of all, I think it is important what the candle looks like here. Personally, I believe that the ETH trend is still falling, so the candle on that day will not rise through that intersection. Then I can ask the following questions.
"If the price of ETH falls on the resistance of the intersection, how far will it fall?"
I'm positive about the current one-week stochastic's appearance of the Golden Cross. But there is only one positive part that is currently showing me. There is still a lot of resistance, and in the medium to long term, the price of ETH is still in decline. Personally, I hope to rise in the Ichimoku Cloud. But given the trend, it's more likely that it won't happen. The important thing is to see that the direction of the 10-day line changes. But in order to do that, it is only possible to make the price come back after the price drops once more. I hope that if the price drops to around $ 155 at this point and then comes back up quickly, it will create the flow I want. Then I'll look at what the price flow looks like and judge the rise or fall once again. (Worst case, I think it can fall to $ 139. And $ 139 is the previous low.)
Although I am waiting for one drop, I believe there will be a period of reduced volatility in the near future. If I have to buy ETH first rather than BTC, then the interval where volatility diminishes will be the point where I buy ETH.
Today's analysis is up to here.
Seoul has been raining since Monday.
I am cheering you on doing your best every day by posting an analysis like this.
I sincerely hope that you will always make a successful investment with peace of mind.
Thank you.






















