Price has made a bearish divergence. if the price breaks the neckline it will be trend reversal. Double top has formed as a clear indicator of trend reversal.
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Everything on the chart.(update)
Nothing has changed from my last idea,everything according plan,
we close to my sedond target(1800), stop already in breakeven.
Main target zone: 2100-2300 (there i will close rest of pos)
Good luck...
Technical analysis of ETHUSDT daily time: 2023.3.6
With the current conditions in the daily time, due to the correction that is on the static resistance B of the pattern, and the upward trend before that, with the breaking of the resistance range, we can expect two targets in the ranges of 1843 and 2155, and two targets between the resistance range. We have the...
eth just broke triangle upwards which means it should move upwards until daily resistance.
buy price, stoploss and take profit prices are mentioned on the chart.
ETH looks bearish to me. I expect a retracement in the market and this could be it. I am opening my short position at $1670 to $1725. If ETH closes above $1750 in 6 hours or a daily timeframe, I will exit my short trade. My target will be close to $1500. RRR- 1:3.
Note: Do not trade without SL and use 8x to 10x leverage. DYOR before investment.
ETH/USDT Long
Target 2100 USD
The amrket seems to be in an uptrend, we may experience a dump before continuing upwards or we could just grind upwards without dumping. Either way, the charts are all going Up and to the Right. Onwards and Upwards, Good luck and be safe!
NFA, DYOR.
Please everybody in trading view , give me your opinion. ETH up or down?
ETH touches the strong resistance zoon.
UP to 2000$ or down to 1080?
## Please give me your opinion.##
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Ethereum just recently broke out of a very clear triangle formation and since then already had a pump of about 30% towards the upside.
We have the next clear resistance area coming in at $2000 so I do expect the market to have a bullish move into the...
ETH update:
We saw a 16% rally on ETH in the last 2 days, a straight pump from $1464 to $1711. This rally helped the coins under the ETH ecosystem like LRC, RNDR, ENJ, MASK, etc. to gain some bullish momentum. Just like BTC, ETH is also testing the $1700 resistance level. A successful breakout above this resistance will continue to bring a positive move in the...
BINANCE:ETHUSDTPERP
Could this be the Local top ? could we see ETHEREUM head a bit back down to test some lower LVLS ? Or will ETH keep pushing on to the upside!?
Lets get this crypto!
BINANCE:ETHUSDTPERP
If you look at the recent accumulation phase, you can see that we are now in Phase D. Today we had the “test”, where we seen a sudden dump followed by fast pump. This should signal that we are ready to move up. The Elliott Wave was followed almost perfectly. Towards point A there was 1,3,5 impulse and at the time of writing this we completed ABC correction. If all...
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
Ethereum just recently broke above a very clear weekly and daily downtrend line and immediately had an agressive pump of about 45% towards the upside, showing that there is definitely some buying pressure in the marekt.
From a weekly timeframe the market then tested previous...
