FTX:ETHPERP Trade thoughts:
With the aggressive downside move this week, buyers trying to take back control of market, but bears are not finished. I think bear market is upon us as weekly structure has been taken out for BTC, and for ETH its just a matter of time - once we break and close below 1889 on weekly timeframe bear market will be confirmed for me. This...
Hi guys ... I hope your pockets are full of money
Today I want to share my opinion about ethereum with you in the medium term.
In my opinion, ethereum goes up to the price of 3679$, and if it penetrates to the price of 3893$ , it can see higher targets such as 4002$, and again, if it penetrates to the price of 4140$, it can see its final target at the price of...
ETH is currently moving in a symmetrical triangle.
If we break out of this pattern, I expect the price to rise to the next resistance level at 2060-2090 and then see a possible retest.
In case of rejection, we will probably see a further price decline and fall to the next Dayli level at 1950.
ETH Possible Trend
In the view of Inflation and everything going on with world.
ETH must have crossed 3580+ to continue its bullishness.
Infact ,most coins which evolved around Year 2020 are drowining slowly to to base.
ETH is also one of them.
4800 to 1800 = -$3000
We are expecting the unexpected.
Some theory on basis of angles and falls by %.. possible scenarios
Hello Dear Traders!
This is my 1st published idea. I hope you find it reasonable. As we crossed both the 1st resistance yesterday and the descending trendline and the ETHUSD pair was extremely oversold in the past weeks, I think we are facing a relief rally now to 2700. I am setting up long positions with a stop loss at 1900 and target price of 2200, 2400 and...
ETH has slid down to previous support at 2750 area, forming a descending wedge pattern.
2 factors to consider right now based on recent historic values we had a bounce back around 2562 at least 5x, furthermore descending wedge typically ends with breakout at the top. We should be able to see 3200 soon based on my TA.
We should also consider the fact that due to...
ETHEREUM BASE ON MY T.A.. FORMING ASCENDING PATTERN DAILY TF
ALSO FORMING A FALLING WEDGE
MACD and RSI is Bullish Divergence
For Bullish Bias of Ethereum Bulls need to break the .618 @2950 then establish the 3k level
support/resistance Level to Confirm the Upside Breakout.
Please like my idea!!!!
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More ideas like this
Two scenarios to consider for the days to come. Even if I remain bearish in the medium term on $ETH, with targets marked in red, I keep in mind that it is not impossible that the market will look for liquidity towards the $3250 zone.
Indeed, the global sentiment seems to be bearish, a rebound in this area would allow some shorts to be liquidated before making the...