ETHUSDT LongHey traders, in today's trading session we are monitoring Ethereum for a buying opportunity around 3190 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Ethereumanalysis
ETH reached strong resistance#ETH/USDT
$ETH reached a resistance zone that make it strong by being the same with 0.5 fib level of last weekly swing down and ascending trend line.
🐮 break out from ascending trend line can head up price to make a new ATH.
🐻 rejection from this zone can drop price to support zone between $3350 and $3050.
ETH USD ANALYSISEthereum looks bullish to me. We are creating higher highs, and we already have a minor correction. But, according to other altcoins and sentiment, we can go higher to $3570.
ETH Ethereum: 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Ethereum (ETHUSD).
Ethereum price on a monthly chart show resistance ahead with support below. Fibonacci Retracement levels shown along with 200 SMA and RSI.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
ETHEREUM LONGHey traders, today we are monitoring ETHEREUM for a buying opportunity around 3.3k zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Ethereum in a parallel channelEthereum has been consolidating in a ascending parallel channel in a 4-hr time frame.
There is a negative rsi divergence there.
We may short Ethereum once the parallel channel breakdown.
Support/target levels or there on the chart.
Can wait for a entry, Once it retest the parallel channel support we can enter the trade and hold it till our target price.
ETH Ethereum: Doesn't Look GoodHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD).
Ethereum price looks like it is headed back down from the Support and Resistance Line. There is a rising broaden wedge forming as well.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
ETHEREUM: MOVING AS EXPECTED.Welcome members to this update on ETH.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
ETH is rallying as expected. It broke out of the resistance level which is good but let's be careful here cause the RSI is at overbought range. This could either be a fake-out or an actual breakout towards $3.5k.
Looking at the market sentiment and the RSI, things need to settle down a bit.
Let me know what you think about this idea and if you like it then do like and share.
I will cover more on this in the coming days until then stay safe and trade well.
Thank you.
Ethereum: Snake Charmer 🐍Like a snake captivated by a snake charmer, Ethereum is sprawling upwards to the resistance at $3412. There is a 38% chance that Ethereum could be enthralled enough to cross this line immediately. However, we rather expect it to coil up in the orange zone between $2402 and $1861 to finish wave ii in magenta a bit deeper, before darting upwards above $3412 and higher still.
ETHUSDT LongHey traders, Above is a technical overview on ETHEREUm and the most important levels to watch for long and short.
ETHEREUM: A PERFECT RETEST OR A DUMP???Welcome members to this update on ETH.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
Ethereum made a bold move by breaking out above the trendline but it wasn't enough to trigger the $3k resistance level. If we consider the horizontal resistance level then it is rejection but if we consider the trendlines then it is a retest before the big jump. To get a clear picture of this, we will have to monitor some key areas.
1. ETH is holding strong support at 21 MA which is exactly above the upper trendline. If you followed my previous update (link in the description) then you will know that so far ETH is exactly following the path I analyzed.
2. The only confirmation of whether ETH is bearish or not lies on the current support level. If ETH breaks down below $2.8k then we can expect ETH to reach the bottom trendline.
3. Looking into the positive side, even if ETH bounces back from the current support level, it still needs to break through the $3k resistance level which will be a real challenge for ETH. And once we are through it then $3.2k, $3.4k, and $3.6k will be the levels for ETH.
So, $2.8k is an important level to keep an eye on along with the $3k resistance level.
Note: This is not financial advice. This update is for educational purposes only.
Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible.
I will cover more on this until then stay safe and trade well.
Thank you.
ETHEREUM BREAKING OUT.Welcome members to this important update on ETH.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
ETH broke out of the trendline and currently showing some sign of retest. The chart looks good but somehow I am not convinced with this pattern. Things don’t fit into the picture. The chart looks bullish but the RSI is already in the overbought range. Also, we have resistance at $3.04k which will be important for ETH to break.
For a moment, if we skip the RSI and focus on the chart then I am expecting a retest here and then an attempt to break above the $3.04k resistance.
If this is just a fake-out to trap the noobs then the dump is going to be worse. So, let's keep an eye on the $2.8k to $3k level for now and if you have any leverage trades open then book your profits. If you are facing losses then keep your SL close.
Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible.
I will cover more on this until then stay safe and trade well.
Thank you.
Ethereum Prediction H4Here is my view for ETHEUR on H4. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Ethereum Prediction H4Here is my view for ETHUSD on H4. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETHEREUM LONGS 📉📉📉📉 Expecting bullish price action on this asset as price made a bullish BOS (break of strucutre) meaning the trend was shifted from bearish into bullish near the institutional figure 2500 that acts as a valuable area of SUPPORT for the price.
I think we will see in the next days or week the liquidity area above 3300 hit.
What do you think ? Comment below..
ETHEUR Prediction H1Here is my view for ETHEUR on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETHEREUM IS CLOSE TO THE RESISTANCE.Welcome members to this update on ETH.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
ETH rallied as expected and the current price is close to the resistance level. This is the same trendline that ETH failed to breakthrough thrice. Will it be different this time? Well, before jumping to a conclusion let us analyze this chart.
In this 6 hours chart, ETH is in the symmetrical triangle pattern, and usually, in this type of pattern, the breakout direction is not fixed. It could break in either direction. If you pay close attention to this chart then you will observe that both the trendline are getting closer which means we are reaching the edge of this triangle pattern.
According to my analysis, I believe that ETH should show a retest from this level, pull back towards the $2.4k range, and then bounce back. The reason why I am considering this move is that ETH is already at the upper trendline, and RSI is in the overbought zone.
Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible.
I will cover more on this in the coming days until then stay safe and trade well.
Thank you.
ETHEUR Prediction H1Here is my view for ETHEUR on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETH triangle#ETH/USD
$ETH is inside triangle and above lower line.
🐻 if price break down from lower line the target of triangle is around $1700.
🐮 and if hold the lower line it will head up to upper line around $3000 and break out the upper line will increase price to $3500.
💥ETH All The Way DOWN To $1400 By October 2022? 😨😨😨Hi everyone, This is The Unbounded. One of the newest and most active trading view authors and fastest-growing communities.
Please consider following me for the latest market updates and mid and long-term Long / Short calls. Let's get to the chart!
I love Ethereum and the possibilities that it brings to our future world. But in this quick analysis, I just want to point out that the last time ETH touched its long-term MA, it didn't reject it, it actually fell through it. Of course past performance is not an indicator of future performance, but humans and particularly traders are very habitual in nature.
The main point I want to show here is that if the price gets down near the 150 MA, then please pay attention to price movements as it could indeed fall further. The last time that the price fell through the 150 MA (Sept 2018), the percentage drop from from high to low was 94% over ~340 days. While a +90% drop for ETH seems extreme, we have ALREADY had a 48% drop and there is a possibility in the market that Bitcoin has further to drop which would most likely impact the price of ETH. Thus we could easily see ETH decrease another 25% more from its peak to the 150 MA which would put its price around $1400.
And if the past is any indicator, it would fall through the 150 MA instead of rejecting it.
My purpose in showing this data is not to be an ETH bear, but to show some clear market facts to help you make some informed future decisions. If you are not already in ETH, then maybe you should consider waiting as more indictors indicate a continued decrease in the ETH price over the long-term.
Short-term, we may indeed see a rally, but I don't think the macro economy is ready nor strong enough for a sustained market reversal to a long-term bear market yet.
As a side note, I had to use 150 MA instead of the standard 200 MA because the 150 MA gave more history as ETH is relatively new.
If you liked this content, please consider subscribing and giving it a Thumbs Up. If you have any feedback or suggestions, please leave a comment below as I answer each comment.
Namaste
Ethereum: Do-it-yourselfer 🪛🔨🔧If you decide to become active in craftsmanship and plan to put up a picture all by yourself, you might want to check the relevant wall for current lines first before hammering or drilling straight on. Quite similarly, Ethereum is currently scrutinizing the orange wall between $2402 and $1861 to find just the right spot to enter it. For we expect Ethereum to bore into the orange zone to complete wave v in orange, wave c in blue and wave ii in magenta. Afterwards, it should take off above both the resistance at $3412 and the one at $4865 to appraise its handiwork from a distance.
ETH Ethereum: 4H Chart UpdateHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Ethereum (ETHUSD).
Ethereum price is in a downward trend with the price currently sitting at the 0.236 Fibonacci Retracement level. It may make an attempt to get back to the top of the local resistance line where the Ichimoku Cloud and 0.382 Fibonacci Retracement level is. If price falls, expect it to get to the support line. Keep in mind, RSI is below the S/R line and may make an attempt to get back above it. MACD went bearish. MFI is almost at the apex of a triangle. Volume is consistent.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
ETHUSDT LongHey traders, in today's trading session we are monitoring ETHUSD for a buying opportunity around 2500 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
