In the one-hour chart, ETH has a top pattern at the resistance price of 1677.60, the high point gradually decreases, and it has tested the support price of 1610.25 several times. - If the closing price of ETH falls below 1610.25, focus on the following targets: 1588.45 1566.60 1546.20 1546.20 1522.15 (POC of the consolidation pattern) - If ETH is effectively...
A short explanation of the trading plan I posted earlier. I am hoping that I can communicate my trading plan to where more people will understand how I come up with these levels. Hope this helps explain a little bit better.
In the four-hour chart, ETH broke the resistance trend line and destroyed the H&S pattern. - Follow the goals above: 1751.75 1773.60 1795.40 1866.15 Stop loss price: 1529.35 - Around 1751.75, there is a strong resistance trend line, and ETH has a chance to fall back sharply at this position. -
I havnt post in a while, but this might be a possible swing trade coming up. Im too lazy to explain =)
ETH has broken through the convergence of the triangle, but it is currently falling back into the convergence range. Pay attention to the closing price, 1588.45 and 1566.60. - If ETH closes below the previous low of 1514.00, there will be a large top pattern, which will reverse the upward trend from the beginning of the year. - The trend after breaking the trend...
ethshort setup made on 16-1 this is a test done copy if you want to keep money
In the daily chart, ETH has two bottom around 1000-1100. The first time it appeared in June~July last year, ETH rebounded up to 2031.00. The second time it appeared was from November last year to the beginning of 2023, and the current highest ETH reached 1643.05. - If ETH can break through 1677.60~1789.85, it will have the opportunity to break through the trend...
Long at Green between 1350 - 1400 would be a great position to long Next area of potential major resistance would be horizontal red lines as well as any red/yellow line overhead . Those line would be great entry points for a short We risk of more penitential down side if 1350 is broken so set stop losses accordingly
This is my personal view using the traditional Elliotwave (TEW) for ETHUSD #TEWave \\ If you agree or disagree with me Leave a comment and tell me your opinion \\ if it work boost it make others know (attention) This is not a trading recommendation I just do my hobby.. If you buy or sell based on what is posted here That's your responsibility .
We have a nice clean rejection off the monthly level. However I would like to see ETH pump to about 1320 with divergences on the 24min and below. There is a high level of confluence from 1316 to 1320 that we should get a reaction off of. So far ETH has been very respectful of these levels and this could possibly be a sign that the 1320 level will have a clean...
If two 30min candles close below the previous day Value Area High, This will trigger my short position. Stoploss is above last swing high. Take Profit 1 will be at the Previous Day Point of Control Take Profit 2 will be at the Previous Day Value Area Low Thanks you
Well, guys, let's go to the second giant of the cryptocurrency market, Ethereum, I want to examine Ethereum in the short term, I think we can look for sales at the price of 1300, which is a resistance zone, of course, we are waiting for a candlestick in this area, a sign of extreme weakness. and if we see the necessary signs, we will sell at the target of 1100,...
ETH/USD: could be making new lows here. We grabbed lots of liquidity and trapped all late shorts with a very strong move towards 1200ish levels, I can see ETH trading back below $1000, but we would have to se BTC make a new low. Currently no strength in any of the markets I think we can go lower and create great buying opportunities.
How far will the price drop? We are slowly reaching the bottom-finding phase, and this one is very close. I'm not saying that a turnaround is around the corner, but historically speaking, there's not much left to the bottom, percentage-wise it doesn't even matter if it's the biggest so far. Spike can be deep, but very quickly...when it happens. The consultation...
Ethereum currently testing bottom of range 994 and 1985 2 scenario's for Ethereum Scenario 1: bullish Look for lower timeframe. Wait for price (at least 4h) gain (open and close candle) above 1333 and wait for pullback for entry Scenario 2: bearish Daily candle open and close below 994 level (loss), test back this area (=entry) and will drop to 750 area
ETH Should retrace down to the demand zone of the last low before the break of structure. Anywhere in the yellow box would be a good long, between the 50% line of the demand zone and the golden pocket underneath it.
Daily is showing some RSI divergence and is possibly still in a 4th wave pullback in an impulse wave. We are also currently at the 200 MA resistance noted as well. Fib zones set on wave 4 to show targets using fib extensions, the first being the 1.272 level putting us right at the bottom of the wedge. Enjoy the decline, bear market is not over yet! ;)