Potential plan for ETH in the following days using Elliot waves and Fibs as long as it can hold this low. We also have the potential for the descending wedge with a target of 1900 which is also a .786 fib retracement from the high back on August 22nd to watch for
In this time frame, as predicted, it climbed up to the range of $1649 and faced strong resistance in this range and fell with high momentum to the support range of $1545 and in this range a double bottom pattern was formed. and we expect the price to rise to the 0.786 Fibonacci range. If the volume of sales is high and can break the support range of $1545, we will...
Hi All
#ETH #Ethereum
We are just looking at when to average in on #ETH and also what possible setups we can plan for to go long or short.
Please give me a like and share.
Regards,
S.SAri
BINANCE:ETHUSDT
COINBASE:ETHUSD
Three drive pattern
from now, while the price is in the range of the yellow area, You can enter a short position in two or three steps.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP1-2 are on the chart.
The optimum stop-loss is above the determined line.
Please share ideas and...
eth price is at rising trendline support one bullish candle after support touch will trigger bullish trend
incase of breakout bears control the market as per analysis
Rising wedge, orderblock between 1628-1649 (LH on 1H TF and LH on 1D TF) entry 1, orderblock between 1680-1706 ( top rising wedge and LH on 1D TF) entry 2. Target 1424 to take de weak low.
Looking back historically on the fall from the high, it's an outstanding ABC correction.
A+C are both 2700, both take 75.5 days, the B rides the 50% of wave A for a few days before C begins, and C is just identical to A.
Perhaps the most interesting nuance, is the recent low, it happened to bounce right off the 1.272 of wave A, and that also coincided with the...
ETH has been hardly rejected at the upper end of the channel, a sale-off pushed the pair down to DO at 1585, if breaks down next stop should be 1550 that is MO and neckline of channel, i expected a bounce there back to 1585, i would try a long on 15M with a very tight stop.
This is not a financial advise but just an idea
Hi All,
I seemed to have run out of time so I labelled this as Part 1.
I explain a few reasons to be bearish and also cover the bullish scenario as well.
Tomorrow, I will continue with Part 2.
Please give me a like and share,
Regards,
S.SAri
Hi dear traders
As you saw in the previous analysis, the price went down to the area of 1450$.
The price is trying to break the ceiling of the descending channel and is in a bearish flag.
EMA100 acts as a resistance, in case of failure, it can climb up to the 1637$ area.
Otherwise, it will go down to the support area of 1323$ to 1385$.
Long was completed...
Looking for entry point for short. Prior correction ended up with two ending diagonals and strong initial impulse down => strong short signal
Within this frame on Daily chart:
