- Classic bearish pattern
- Our team expects fall
Entry Level - 3435.83
Sl - 3605.23
Tp - 3181.73
Our Risk - 1%
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ETH decision time. Magic lines for ETHUSD, long and short zones in the chart. We are in chop market since beginning of August
if it crosses BOTH top red lines, it's a long, if it crosses the lower red line, its a short, this is a biased short since macro trend is still down
These two have a very strong connection. Chart is IDENTICAL in different cycles. Very strange too see this happening. My TARGET TOP for $ETH this cycle is between 22,000 and 25,000 in January 2022!
The patterns below speak for themselves....
Nearly six weeks after the implementation of the highly hyped Ethereum London upgrade, a colossal amount of ETH has been burned on the network. Data from Watchtheburn confirmed this with figures, as it indicated that since the activation of London Hard Fork on August 5, over 297,000 ETH, worth more than $1 billion, had been burned on the network. The London Hard...
ETH has been rather boring lately. The price action is sort of flat for the past week, moving in a range of about 10%.
This current level is also stuck between two key technical levels represented by our Fibonacci levels and ATH. $3,000 and $4,100. The first being our support and the second our major resistance.
Therefore, there won't be any major fireworks or...
ETHUSD, 1h, Buy
Entry - 3500.00
Stop Loss - 3475.00 (25 pips)
Take Profit - 3700.00 (200 pips)
the descending trend was broken.. looks like beginn to go up.. lets see what happen..keep sl and tp always!!!!
I did a price prediction back in May using the 2017 cycle as a benchmark. I called the top nearly to the day (albeit I wanted $1400, but we didn't quite get there). Here is a quick sample of the 2017-2018 price pattern overlaid on our current 2021 price pattern - seem familiar?
Switching up my prediction; looking to close daily around 3400 to setup for an inverted hammer price reversal off a double-bottom. Low end support ~3250, resistance ~3600.
Also, there have been a few changes to the lottery...
Entry period: 09/17/21 - 09/20/21 @ 12pm EST
How to enter: Like the following post ...
Been a while since I've posted an updated chart on ETH so please see previous charts in description below- Frankly ETH is looking quite nice at the moment holding a big symmetrical triangle on the 4-hour timeframe-
- Reclaimed the 50day EMA and others starting to curl upwards
- Bullish Gartley Harmonic Formed
- Bullish divergence on the RSI
- MACD Cross on the...
3400 support area is a retest and is already showing price action pulling away
we go to lower time frame i like 10mins we can wait for a double bottom once the bounce is validated by price pulling away an entry can be made
$ETH rejected from middle line of parallel channel that is the same as 0.618 fib level of AB swing down.
now price is facing a support zone.
bearish scenario : if price break down this support zone the next support is lower line of parallel channel. and if #ETH going to complete AB=CD for correction wave the down trend target can be 1.618 fib level of BC...