According to my SYSTEM, The price has an upper target before it continues the last wave.
The correction could be more than the one mentioned as the falling wave too.
Great time to accumulate some Ethereum. Once eth merges into proof of stake and we get more clarity in the market eth will take the number #1 spot from bitcoin.
During the 2022-2023 Recession I can see Ethereum dropping between $350 and $700, coming back strong on early 2024. Once eth breaks above $6100 I predict eth bottom will be around $2900. For every 15 to...
ETHUSD has shown an interesting RSI, it is at its lowest point ever
The previous comparable lowest point was the bottom of the bear market, using this we can infer that the bear market will end close to the 200MA in yellow
Whats interesting is the prior bear market lasted a very long time compared to the one we have recently seen
Price held with a small but steady bounce right at the 300W MA---a support many Market Markers have been eyeing since the 200W MA was broken in BTCUSD. ETH showed an even stronger interaction with the 300W MA support. As well, we see a Bullish Engulfing Candle at the bounce, which has also appeared in BTCUSD, signalling a reversal. This is a promising signal for...
Multiple things to do with this pair
1. Buy and target the black box .
2. wait for price to arrive to the black box /supply and see how it reacts.
3. Price can break supply grab liquidity and continue down.
4. Price can break and retest.
5. My least favorite is that price just rejects supply. I see all supply and demand as liquidity waiting to be taken, but...
Using Thursday's Asian Range, Friday's NY London Open Killzone, New York Open Killzone , and NY Index AM/PM Session. Tracking Liquidity Ranges on a Specific Time then Price Basis using the Interbank Price Delivery Algorithm taught by InnerCircleTrader. Improving the Weekend Session for Cryptocurrency (Friday, Saturday, Sunday) Moving into a New Weekly Open --...
Here is my view for ETHUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Price is reaching a critical area of supply. Last time price was here, the sellers broke the previous low of $1047. $1250 has been a critical selling area the last week or so. I'd look for shorts if price doesn't break AND close above $1250-1260ish on a higher timeframe (1H to 4H). Not sure if there are any bullish fundamentals that support price going higher at...
Hey traders,
We are about to see the final high of ETH arround 1270, before we enter in the C wave of the ABC
Thats my first plan, my second plan is coming right after
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BTW, I am selling a PDF , regrouping all the knowledge I have found on Elliott Waves , from the greatest analysts books, into a clear, simple and explicative way,
Contact me in private, or in...
I have charted this coin a bit lately. Although I heavily disagree with the high gas fees, it is still a mainstream coin that deserves consideration.
Waves are pretty clear. I'm expecting a deep wave 4 (up). Followed by a steep wave 5 that should be relatively short in length as well.
Lets see how this plays out.
Safe trades to all.
Limit order here for ETHUSD. Significant volume has been traded at this level. Also, this level acted as strong support in the past, which may become support again.
ETHUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short ETHUSD
Entry - 1183.80
Stop - 1274.35
Take - 1047.95
Our Risk - 1%
Start protection of your profits from higher levels
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Early breakout to flip short-term pattern resistance and eventually 1150 critical.
Continued momentum was then able to push us towards long-term pattern resistance although price is currently testing this zone.
Remember that it's important to recognize the signs of potential movement, regardless of the post, as things can change in the matter of seconds.
From...
Ethereum is very easily tradeable while we find the long-term bottom. Here's a 4-split layout with ETH 1 week, 1 day, 4 hour & 15-minute charts. Using my indicators TTC: Triangular Trend Channel, pi RSI, Fibonacci MA7, Fibonacci VIP and the Pivots HL indicator.
Do your own due diligence, your risk is 100% your responsibility. This is for educational and...
