ETHUSD. My Take. What's in it for the Long RunAlright, Let's see what Eth has to offer
DAILY
So as we all know that eth kinda replicates btc's chart mst of the times and i have talked about that already.
So, this is my take on ETH.
Charts
Spiderlines
The mentioned spiderline seem to be resistive since feb 10th where we got rejected last time and got down. We have to overtake this resistance as we haven't been able to close a daily candle above it.
Adam&Eve
Not the best drawing but, kinda made this adam and eve here. Which markes the potential target to 4384.74.
I noticed this earlier and I am long on eth since 3108. I am not too sure about it hitting tis 4384.74 level and the reasons are discussed below.
Pitchfork.
Unlike Btc, the pitchfork for ETH is actually telling us something, and that something isnt nice. 0.618 level of pitchfork is what's bothering eth to not give a closure above 3550. But not everything about pitchfork is bad for eth.
Inside Pitchfork
If I flip Normal Pitchofork to Inside Pitchfork keeping.. We can clearly see that this 0.618 level has been overtaken which most of the times means a good bullish momentum ahead but with some decent consolidation or a bullish flag, yeah, bullish flag will be nice.
Key Levels (S&D Zones)
Looking at the daily key levels, We have successfully flipped the resistive supply zone and turned it into the demand zone successfully. We have a minor supply zone above that ranges between 3619-3727. Might touch it in 3 4 days.
Fib Channel.
For the Fib Channel, It's has overtaken the golden pocket afer consolidating in it for a week. which is a bullish sign, and next level for the FIb channel falls on price of 3792-3874 depending on how fast it goes to 0.5 fib level.
Fibonacci Extensions.
So the Extensions from the low of 24th jan to High of 10th feb suggests a resistive -0.236 level which actually makes sense so gotta have daily closure above 3550.06
Fib Retracement
This is ODD. 0.5 is playing nicely with ETH's price action, I think a gain of momentum is needed for this to overcome and we can head towards the retracement's golden pocket that lies in between the range of 3834-3964.
Volume Profile Fixed Range
It basically says we are in a good bullish zone but a retesting is required.
Indicators
RSI
Now this is convering and why it'll be hard for eth to even cross 3600 without consolidating for 2 3 weeks in this range.
RSI is exhausted. Last time we got below 23 RSI level was back in March 2020. and when we got back above 70RSI level, We pushed price up by 150%.
This time we were even below 22RSI level for ETH and now we are above 70 already and the price is pumped just 65%. 😦 Sad reacts only
EMA RIbbon
Ehh.. I dont like that ETH left the EMA Ribbon like the prevois red arrows, which didn't end up nicely. The ideal way is to keep tesing the EMA ribbon like the Green arrows for a nice move up. RETEST!! WHAT'S the HURRY!! I think the ribbons will open up soon and the gap will increase so nothing to much there to worry about.
Conclusion
Regardless of how many chart patterns are bullish and are in favor of eth to go abobe 4k, I think RSI will dominate all of them and will bring eth back to lower 20s or even higher 10s in the long run
Ethusdtlong
#ETHUSDT 40% up already! Quick update...ETHUSDT:- Up 40% since our spot entry.
It has been a beast way better than BTC tbh.
Currently hitting the resistance.
Let's see if it can break above the daily 200MA.
For leverage trades though. you can look at the ltf charts to get entries remember we do not long the resistance.
Let me know what you think
Thank you
#PEACE
ETH/USDT SHORTER TF TRADE SETUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
LONG #ETH/USDT
ENTRY: 2900$ - 3000$
SELL- $3050 - $3100 - $3150 - $3200 - $3250 - $3300 - $3400 -
$3500
LEVERAGE: 5X to 10X
STOP LOSS: 2800$
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Possible Elliott Wave Playout for ETH 4hThis scenario illustrates a possible Elliott Wave playout on the 4 hour Ethereum chart, where we are preparing to enter wave 5, the final leg of the dominant trend. If correct, volume will be slightly lower than in wave 3, but there should still be plenty of potential profit to be made in a long position.
There is also some notable confluence between cycle-based analysis using the Tesla Coil (ML) indicator and traditional channel-based analysis as indicated by the predicted inflection point in the coil.
ETH has 80% chance to go higher. A few key points:
1. Price has broken above `the PINK upper parallel line.
2. Price is above 200 moving average line.
3. Price has reached the BLUE median line .
GREEN criteria:
- Build support on the PINK upper parallel line.
- Zoom through the BLUE median line .
- Retest of 200 daily MA
RED Criteria
- The BLUE lower parallel line retest.
- Resistance at the PINK upper parallel line.
- Zoom through the BLUE lower parallel line.
ETH IS READY TO EXPLOREHi guys, This is CryptoMojo, One of the most active tradingview authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
#ETH UPDATE
As per my previous ETH chart ETH break out this falling wedge pattern and currently, it is bouncing from the 50 ma support.
We are expecting a bounce up to the $5500 level.
If it broke the 50 ma support then the chart will be invalidated.
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ETHEREUM: $3K SOON!!!Welcome folks to my new update on ETH.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. 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.
We are already 10% up from our entry and with 10x leverage, it is 100%. Honestly speaking, ETH has the potential to reach $3000 and above by the end of this weekend. I am expecting ETH to reach the upper resistance trendline soon. This will mean a 25% gain and with 10x leverage 250% which is huge for a short-term gain. I am holding it and I will partially close my positions as it will rally higher. Also, I am gonna accumulate more if ETH shows some sign of retest. The invalidation is still on and now even if ETH drops and hits our SL, still we will be out making profits because of this recent rally. This is how we do strategic trading.
I will update you more on this so keep in touch.
Do like, comment, and follow. I highly appreciate it.
Thank you.
Here is My Idea on Ethreium
After a Long Downtrend i Think Ethreium is Ready to Recover back All his Road.
Thats Trade can Take a Lot of Time. But if BTC Cross 45500 and stay above e see a Good Bounce on All AltCoin. Even in My Openion Ethrium is not more a AltCoin
I am Not A Financial Adviser. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
If You Like My Work Just Come and Join Me.
#ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members.
If you follow our charts then you can see that as we mentioned in our previous chat that it will bounce from the upper trend line and it moved up perfectly we also advised that you can take a position in a spot or low average.
If you are holding at the spot then you should hold for the longer time period and if you are holding in a low average like 2x-5x then you should hold it to the $2700 - $3000 mark.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
BIG SHORT - BIG BITCOIN LONG POSITIONSTOP-LOSS = 55300$
SHORT BEGIN = 51800- 48700
SHORT STOP = 42200- 41800
LONG POSITION = 41300-41500
LONG STOP-LOSS = 37300$
Everyone is waiting for 40 thousand dollars.
We certainly will not wait for 40 thousand dollars.
We will open our positions much sooner.
It is very risky. Stay away from leveraged trading.
It is definitely not investment advice. You can lose all your money.
ETHUSDT - Descending Broadenning Wedge PatternETHUSDT (1D Chart) Technical analysis
ETHUSDT (1D Chart) Currently trading at $2875
Buy level: Above $2850
Stop loss: Below $2410
Target 1: $3075
Target 2: $3300
Target 3: $3650
Target 4: $4150
Target 5: $4800
Max Leverage 2x / Spot Market
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
#ETHUSDT Reasons WHY ETH could reach $5k by the May 2022!!Gained 2k new followers in the last 6 weeks.
Thank you so much to all of you for your consistent support.
Now, let's get to the chart.
ETHUSDT is trying to break out of the channel.
A daily close above the channel would confirm the breakout.
It has been almost 128 days since the price is trading inside this falling wedge channel.
Technically a successful retest with green candle confirmation would result in a positive rally towards $3k $3.5k and even $4k.
Few conditions need to be fulfilled here:-
1. It maintains the channel resistance turned support.
2. Previous breakouts above the blue MA have resulted in a multiweek green market.
3. The blue MA needs to get above the Red MA which will be a positive sign.
4. As per fractals it could roughly reach the $5k target if the above conditions are done.
5. From possible bottom to higher target takes 114 days which gives us 3rd week of May 2022.
Do observe the chart there is more information given, do observe.
My thoughts:- I am bullish on ETH looking at the current PA but one more shakeout to trap the bears and liquidate the late longs would be the best time to enter if you don't have it yet. $2422 to $2600 is the best area to buy with an invalidation point of a daily close below $2177.
Hope it helps, if it does do hit the like button and share your views in the comment section.
Thank you
#PEACE
ETH WILL EXPLODE SOON IMOHi guys, This is CryptoMojo, One of the most active tradingview authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
ETH is making this bullish expanding triangle pattern.
Currently, it is having upper resistance of this expanding triangle pattern if it breaks and closes upside this resistance then we can bounce up to new ATH.
Let's see how the market reacts in a few hours.
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Will ETH be able to break the 3k resistance? Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
ETH is making this symmetrical triangle pattern .
Currently, it is lying on the downer support line of this symmetrical triangle or we have 21ma as local resistance and
RSI is showing some bullish diversion.
let's see price can break the ma or not.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
#ETH/USDT WEEKLY UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
hello folks
Looking at eth/USDT it looks like the rising wedge pattern bullish trade so I can go to $3150k and $3350k from here and back to $2323k for a retest. bounce back as $5500k,
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.