ETH closes weekly just below the new goal line but with enough momentum to reach lower pattern boundary. With retraction back to previous lows we are in position for a possible inverse head-and-shoulders recovery. Look to maintain daily (1.5hrs) around 3090-3100. If not, expect a drop below 3k. www.tradingview.com
Eth will need to hold the trendline in light blue or else we should expect a deeper decline.
For Ethereum, we have a new setup and anticipate that Wave ((i)) has completed at approximately $3,525. We now expect to see Wave ((ii)). We believe we are currently in a Wave (c) within Wave ((ii)), which should reach a retracement between 50% and 78.6%, equating to a range from $3,324 to a maximum of $3,175. Following this, we anticipate a rise to at least $4,092.
Introduction: In this technical analysis report, we will delve into the current market conditions of Ethereum (ETH/USD) and provide insights based on the formation of an Anti-Gartley Harmonic Pattern (XABCD). Our analysis aims to guide traders in making informed decisions regarding entry points, stop-loss levels, and potential profit targets. Pattern...
ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
Hi guys, I have to draw some line but it's not an open idea, I'm sorry. Don't take it for useful, I just use TradingView also to not forget some ideas.
Lets see what ethereum has. ETF coming, we don't know what can the SEC say. Sometimes they tag ETH as a security, other times as an utility. We will have to wait until the final date. Please go up sir, mi familia
As clearly seen in the chart, CRYPTOCAP:ETH is about to test a major resistance zone. Declination will be terrible. Daily closing above 3500$ will be great.
On the 4 hour chart, we have a confirmed shift in markets structure indicating a bearish momentum is setting in. The forthcoming bitcoin halving is likely to affect other crypto currencies negatively. The expectation is that as the halving date approaches we will see a lot of selling pressure across the crypto market.
Ethereum (ETH/USD) has made a bearish breakout through the pivot. Could the downward momentum potentially carry it lower towards the 1st support? Pivot: 3,224.00 1st Support: 2,609.35 1st Resistance: 3,693.53 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
On the daily chart below, we can see that ETHUSD has been basically ranging for a month. The cryptocurrency is struggling to take off as hawkish Fed bets are placing a lid on it given that liquidity and looser monetary conditions are the main drivers of Ethereum. The rally since the Silicon Valley Bank collapse was diverging with the MACD which is generally a sign...
BUY LOW, sell high. I snagged many at $3,000 and I will hold them until $4,000. Which I'm very confident will happen by the end of the year. BUY OFF THE BLUE LINE. My favorite strategy!!
Price remains above 3k but presents a down-step pattern which could lengthen correction to 2750. Weekly close is likely not happening so it's been adjusted to 3180 for an early inverse head-and-shoulders possibility. A double-bottom off ~3k could also provide the same result; just look to keep closes above previous lows. www.tradingview.com
We couldn't be more specific with our take profit point we called it and we hitted it perfectly. Hope you read the articcle that we published on eth yesterday if yes you nailed it and had a successful trade. Note we are not responsible for any analysis we just put infront of you what we are looking at and none of our analysis is financial advice Trade safe!!!
Bitcoin will lead the charge. It will take time to for ETH to reach the Target level as illustrated. Expect a lot of volatility in the coming days. There will be manipulation in the market which will cause further corrections. Those are expected and factored in. Good luck !
As observed from the recent candlestick formations and indicators on the ETH/USD 4-hour chart, the market exhibits a robust interplay of volatility and investor sentiment. After a precipitous decline piercing through key support levels, we are currently witnessing a modest recovery in price. Ichimoku Cloud Analysis: The price has recently breached below the cloud...
Hey Traders, The longer you leave profit taking, the larger the risk of not realizing profits you are taking. This is something traders struggle with often as they do not understand the long term viability of any market and the study of higher time frame price action. Seeing where orders are going in, and out of markets at any time is key. You do this with...
After this monthly print I think this provides a really nice sell opportunity on ETH. The risk reward is worth it, I like the action.