Etherium has entered a notable support zone, prompting a discussion in this video regarding two potential trade scenarios. The first involves the market being somewhat overextended, presenting a potential buy opportunity as it interacts with support. The second scenario considers a retracement back up into resistance, offering a potential sell opportunity....
Yes I know it's bullish on paper but here's a contrarian idea to bring some perspective. What's do we see? (follow the numbers on the chart) 1) The high that's the base of the resistance trendline. 2) A breakout structure that presents sellside liquidity (potential target). 3) A major consolidation that gives a lot of sellside liquidity which to me is a big...
Ethereum perform a strong bullish pennant pattern inside channel up, and still in a strong bullish, If this pattern broken up, bullish target at channel up resistance around $2,789, with maximum target at bulllish pennant projection at $3,053 Right now, bitcoin still in danger zone, so trade with careful. If this pattern failed, we have fibonacci support at...
ETH is currently retesting the hourly resistance level which was a previous support we can build short trade at this point. Our target would be 2400 zone which is our buying zone for long term. keep trailing stoploss.
At weekly chart ETH is around 2500. 2100 is a major (weekly/monthly) support we can retest 2100 to 2200 level again in few weeks before bull run. 1st target would be around 3000 & 2nd would be 3500 weekly/monthly resistance.
ETH broke the resistance level & closed the daily candle above it. Waiting for pullback for new entery
Lately, ETH has displayed a strong bullish trend. This video thoroughly examines and dissects this trend, closely analyzing price movements and identifying potential trade prospects by assessing various scenarios within the weekly and daily timeframes. Anticipate an in-depth exploration of price behaviors, market formations, trend assessments, and critical...
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed Impulsive Waves " 123 " at the Daily Resistance Level creating Corrective Pattern " Triple Top " in Short Time Frame. We have Rising Wedge as an Corrective Pattern in Short Time Frame with " ABCD " Corrective Waves Entry Precautions : Wait until it Rejects / Breaks from Resistance Level
Following the bounce of daily fibs level, ETHUSDT has consolidated on the 4 hour timeframe. I am planning for a scalp entry upon breakout of consolidation. The 2 price-range indicators are my entry and TP levels. Entry on the 1hour or 30min candle. Good luck!
ETH is marching through its bull channel showing great support at the 30EMA and holding its ground in the resistance zone. It appears the bounce off of support has lost momentum. With Bitcoin also stalling at Weekly Support, it leaves some questions open. How do we trade this? We should be long in a bull trend until we have reason to doubt the trend will...
The recent surge in ETH has been nothing short of remarkable, and it's all thanks to mighty whale traders injecting a staggering $124 billion into the Ethereum network! The trends are clear, and the time is now to seize this opportunity and make ETH your go-to choice for long-term investments. By joining the ranks of successful traders who are capitalizing on...
Ethereum has potential to reach the $2000 target. While it is important to approach such predictions with caution, there are several factors that suggest this milestone could be within reach. This idea aims to provide you with an overview of these factors and encourage you to consider a long position on Ethereum. 1. Market Momentum: Over the past few months,...
Eth is on 1hr trendline support, so there is a buy opprtunity. Manage your risk accordingly.
I expect a pullback soon or late to fill the missed orders. so I'm looking for confirmation such as heavy reactions or a massive rejection to consider long positions. It may take time.
ETH has been under the bullish falling wedge for quite some time and till now it has failed to show any positive move. With the pattern ETH is forming, it will be important for ETH to break above the resistance trendline for a positive confirmation. A breakdown below the supporting trendline will ruin the chart and make things more complicated. I am expecting a...
A devastating blow may be approaching near. #ethusdt price formed a long way bearish formation , SHS Shoulder head and shoulder. A short term bounce may be ok but mid term is in dangerous situation. Do not take actions with this chart but already be extra cautious by taking stop loss. NOT FINANCIAL ADVICE.
ETH - 10/10/23 **Trade setup:** ETH doesn't look good one big fall from BTC and we could see ETH fall as far as $750, we are holding ATM on the FVG from previous structure at $1577 to $1466, we break this then we could hit $1000! If we break higher than $1595 we can still move higher but I would wait for confirmation first!
Since the last chart on 04 Oct, ETH went up to 1662 on 07 Oct Resistance Zone: 1657-1673 Short-term bearish since and a retest at the Demand Zone on 10th Oct Demand Zone 1531-1568 Demand Zone since 18 Aug 2023 Demand Zone tested again on 11 Sept and 10 Oct As long as this Zone holds, we may have another dash for the Bulls to the Resistance Zone A possible...