Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
As a technical analyst that uses classic technical and little price action, I can see the rising wedge as the picture that attaches to the chart, and often time as we know rising wedge pattern break from the bottom and go down.
just time can show us whether the analysis is correct or not
thank you.
A quick update on ETH in 3 hours timeframe. ETH is at the bottom support level. A bounce back is expected with a rally close to $1350 (6.5%). Breakdown and close below $1266 may drop the price towards $1222.
Note: This chart is in a shorter timeframe so do not consider this as a long-term trade setup.
What's your idea on ETH's recent scenario? Let me know in...
Based on technical factors there is a Sell position in :
📊 ETHUSDT
🔴 Sell Now 1310.47
🧯Stop loss 1354.80
🏹 Target 1 1276.15
🏹 Target 2 1219.40
🏹 Target 3 1153.97
💸RISK : 1%
We hope it is profitable for you ❤️
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BYBIT:ETHUSDT.P
4H time frame
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ETH has been suffering the resistance again
We can notice the momentum is not enough for current price trend.
So it time to open short with low leverage.
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Entry: 1330
TP: 1222, 1165, 1096.25
SL: 1352
BYBIT:ETHUSDT.P
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Firstly, we can define effective resistance zone(1295~1330) and support zone(1100~1070).
Next, there is a higher support zone around 1218.
With time cycles, we can open(add) short positions at 1300 and look forward to 1100 in next 10 days.
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
As I said in my previous analysis, as long as 1100 is intact, Ethereum is bullish.
The structure for the coin is becoming more and more clear and bullish with a confirmation of a double bottom in place once we have a daily close above 1300.
In such an instance 1500 is my first target, a level given by the horizontal resistance and the measured target for the...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Hello traders, here is another view on Ethereum in a higher timeframe.
According to this chart, I am analyzing ETH to reach $9k to $10k by the end of next year. If you ask me why then this chart has a clear explanation.
Support level: $1000.
Invalidation level: $900.
Drop down your suggestions on ETH from a long-term perspective. Will love to know your ideas.
The accumulation continues. The price is near the local highs. Most likely, we will try the highs after a correction and a test of the buyer's zone of interest, which is in the range of 1077-1131. If you resume the purchases on the chart, there is the volume, the result and the progress. We expect the completion of the correction before entering the trend....
Hello traders, here's a quick update on ETH in a daily timeframe.
For the last 7 days, ETH is ranging between $1150 to $1300 not showing any sign of bullishness. On the 8th of November 2022, when ETH dumped -32% it quickly made a bounce back creating a support line below it. So far ETH has well maintained the support and it must continue to do so to stay above...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
This week, we will stick to the 4-hour time frame to analyze the price action in detail!
Just like Bitcoin, ETH has not been able to recover significantly from the lows it hit last week. After the sell-off, it tried retracing back to the resistance at $1,280, however, the price was rejected which indicates that the bears are stronger than the bulls at the...
Hello traders, I know the market isn't looking good and I am sorry if any of you got rekt in this dump. If you remember then in one of my BTC updates I mentioned that I am out of the scalping game and I would rather go for long-term trades. Well, there you go, we are playing the long-term game now.
Coming back to the chart, ETH is strongly holding the support...
This is the worst case scenario for ETH - this turns into a giant macro head and shoulders and completely collapses. Bitcoin has one also. The neckline would be the macro 0.618 from the very bottom to the ATH. Once the SPX starts to collapse (as per the 2008 crash fractal which fits perfectly over the current price action) crypto will go the rest of the way with...
Price broke the strong support
and now retesting it as a resistance in a lower timeframe.
Wait for an entry pattern( engulfing, strong rejections) once price retrace on 12240
Targets ; 1040 and 900
