Ethereumusd
Ethereum Sell a Break Setup.Ethereum - Intraday - We look to Sell a break of 3298 (stop at 3371)
We are trading at overbought extremes.
A higher correction is expected.
A break of bespoke support at 3300, and the move lower is already underway.
20 4hour EMA is at 3300.
20 1day EMA is at 3000.
Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 3103 and 3033
Resistance: 3400 / 3500 / 3600
Support: 3300 / 3200 / 3100
Ethereum in a parallel channelEthereum has been consolidating in a ascending parallel channel in a 4-hr time frame.
There is a negative rsi divergence there.
We may short Ethereum once the parallel channel breakdown.
Support/target levels or there on the chart.
Can wait for a entry, Once it retest the parallel channel support we can enter the trade and hold it till our target price.
ETH Buy a break setup.Ethereum - Intraday - We look to Buy a break of 3053 (stop at 2978)
Daily signals are mildly bullish.
A break of yesterdays high would confirm bullish momentum.
045 has been pivotal.
The previous swing high is located at 3045.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 3259 and 3339
Resistance: 3050 / 3200 / 3280
Support: 2980 / 2920 / 2880
Ethereum Sell a break setup.Ethereum - Intraday - We look to Sell a break of 2738 (stop at 2801)
Daily signals are bearish.
Buying at the start of the week has stalled and prices are reversing.
The trend of lower highs is located at 2820.
A break of the recent low at 2740 should result in a further move lower.
Our profit targets will be 2584 and 2524
Resistance: 2840 / 2880 / 3000
Support: 2780 / 2740 / 2700
ETH Sell into a rally.Ethereum - Intraday - We look to Sell at 2748 (stop at 2811)
Daily signals are bearish.
Preferred trade is to sell into rallies.
2755 has been pivotal.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 2581 and 2511
Resistance: 2620 / 2680 / 2750
Support: 2550 / 2500 / 2450
Ethereum under triangle's supportEthereum also recovered some losses since late January, but, unlike Bitcoin, the last leg up just touched 3k, around 8% lower than the first, giving us an indication that the coin is weak.
Looking at the chart we can see that a symmetrical triangle has formed and now the price is under rising trend line support.
Triangles are continuation patterns and the target for Ethereum is 1700 which is in line with a very important horizontal support.
EthUsd back above 2800 would put a pause in this scenario.
ETHEREUM LONGS 3000📉📉📉📉 Expecting bullish price action on ETHEREUM as price is filling a H4 bullish imbalance and rejecting from a POC X2 Volume Profile area + Bullish orderblock on H4, we have a bullish market strucutre on the H4 as price keeps making higher highs and higher lows with bullish BOS (break of strucutres)
My target is above 3000 institutional figure..
What do you think ?
ETHUSD Alternate Bear ViewPerhaps I have been looking at ETHUSD wrong so far, and have been dismissing the bear calls. We may have already seen the top. As suggested by this chart.
Similarities on the MACD can be correlated to points in ETHUSD's history
The last time we saw a sharp dive on the MACD like this was at the end of the last bull run
Bears will control the market if the MACD fails to make a successful bull cross on this weekly timeframe
A bull view
ETHUSD Critical AreaETHUSD Is at a critical price point, this has been seen as a line of support using this indicator in the past
If it repeats and bounces off bullishly, we will be seeing some big moves coming up
The MACD shows similar inverse H&S structures, in the rectangles are the seen and expected move for the MACD's future.
ETHUSD Backwards Falling WedgeEthereum can be seen to be forming a large wedge structure, in which looked at in a reverse fashion a sharp breakout can be seen upon the ending of the 'falling wedge'
This breakout was a 134% increase from its bottom
This bottom is a crucial point in the evolution in price, providing the first bottom for the double bottom structure
I say price must be higher for this backwards falling wedge to exist because a falling wedge like this would only occur if price was in a descending fashion (when looked at backwards)
There is still room for ETHUSD to go way higher
Check out my God Candle idea above
Ethereum God Candle March An idea for ETHUSD , with the previous extension to 4K and then retrace, this creates a massive zone for price to rise
The current March candle is positioned perfectly above the support level (dotted line)
I have reason to believe we will see a big run, for both Bitcoin and Ethereum . This isn't the end of the run.
Ethereum Breakout Coming Soon!!?Ethereum is on the verge of a potential breakout of this triangle, we have wicked up and above for the first time but have since came back down to just below the top. The very good news is that we are looking like we may see a daily close above the 0.6 FIB level and yesterday we had a daily close above the daily pivot point (teal) both of these are very bullish signs, now keep in mind it doesn't necessarily confirm a bullish move but we are heading in the right direction! Not even too mention the bullish breakout of the descending channel, we briefly broke out a couple times before and have fallen back in but this time could be the real deal, we will have to wait and see. Looking at our RSI we are seeing yet another very good sign, we have taken back the midline, by being and remaining above this midline it confirms an uptrend if we can hold it, falling back below will keep us in a confirmed downtrend, ideally we do want to see more upside for price action and the RSI so we can get that yellow SMA above the midline aswell for additional support! Now the Stoch RSI has rebounded very fast and is coming up shortly on the overbought zone, now this could be a sign for a little cooloff once we do reach this level but the most important thing is for the RSI to remain above that midline! Not financial advice just my opinion!






















