ETHUSD will make another 20% drop as crypto cycleETHUSD
Crypto and currency pairs are having the tendency to repeats its previous cycle. As its formed a nice wedge pattern and dropped almost 20% of its value from the key psychological level and dropped towards 313.00 level
And now we can see the same kind of rising wedge pattern is forming relatively smaller than previously formed. and its broke the lower side of the trend line and leaving a strong bearish candle. We can expect another 20% drop from the 370.00 rejection level
the parabolic move was expected. If have any views and opinion about this crypto (ETHUSD) comment below
If you like our work give a thumbs up - Cheers
Ethusdshort
ETHUSD 4H-TIMEFRAME ANALYSISETHUSD 4H-TIMEFRAME ANALYSIS
Hello ladies and gentlemen
This is my new idea for Etherum
My idea is that ETH In the short term, it will continue to decline
Real support is between 250 and 240 It would be good to test it (the goal of breaking the wedge)
I hope my idea is clear
Support me by like and share
Good luck
Ethereum formed a bearish rising wedge!!!In this analysis, Ethereum is break down the bearish rising wedge and right now, it's seem that Ethereum is making a pull back before to down!!. That is exactly in the H1 timeframe.
Lookin in the H4 timeframe, we are in this support and resistance, well, well, in the past Ethereum make an resistance and drop, then break up the resistance and confirm as support, then Ethereum break down the support and we are in the possibility to see a resistance in the higher to entry in the good short position!!!
I believe that Etheeum needs to make a little correction to the $333 or $320 as possible target profit as we see in Daily timeframe.
But, I just pick up some earn in Ethereum and Bitcon when yesterday putting in long, but right now we see that the perspective is so different!!!
ETHUSD - 4 Hour - Died Cat?Hi everyone, getting bearish signals, shorting? wait for a confirmed bounce with at least 1 open and closed candle, better yet, two...lol.
This is a hard call, I'm short with a POSSIBLE Died Cat bounce.
SET YOUR STOPS LOSSES! and TAKE PROFITS!
EXERIENCE TRADER ZONE.
SHORT TERM: Bearish
MID TERM: Bearish - Neutral
LONG TERM: BULLISH
I am not an investment adviser.
If you like my calls and charts, please LIKE and FOLLOW for updates...
Thank you for visiting... :)
ETH targeting sub 200 usdFollowing my previous Gold and BTC bearish call, ETH seems to be forming a bearish inverted Cup and handle or an unorthodox H&S pattern.
Not sure if there actually is an inverted Cup and Handle pattern but considering the bearish outlook and formations on EUR, Gold. It wouldn't be surprising to see that ETh will be negatively effected as well.
Short Position: Ethereum into this simetric triangle!!!Hello, I suggest right now to put a short position in Ethereum because the trend is become bearish at now!!!
So, we hope that Etheeum goes to the $315 USD as my exactly target profit!!!
Now, in H1 timeframe there's an interesting short position in Ethereum to earn money!!!
Good luck!!!
ETHUSD 4H-TIMEFRAME ANALYSISETHUSD 4H-TIMEFRAME ANALYSIS
ETH broke the support at 355 with high liquidity
Now it is back to test the area that is now resistance
It needs high liquidity to overcome the resistance
My analysis is that ETH will fail
He will have to return to test the temporary resistance at 310
I will update and share other ideas with the upcoming CRYPTO MARKETS movements
Good luck
ETH - 4 Hour - Wait For The Bounce? Hello all, good morning, this is an update for Ethereum. It looks like ETH took the 40% route for a drop. If shorting we have a support line so be careful this cold be a fake out.
In my Opinion if we break support we will see the Golden Pocket again (.618 fib).
I JUST FOUND ANOTHER PATTERN... I'll have to create another for ETH that may play out... This bounce is very important...
I am not an investment adviser.
Please like and follow... :)
ETHUSD - 4 Hour - My ThoughtsDue to BTC dominance increase, bouncing off the top of the channel and the bounce from the 20 MA, I lean Bearish.
SHORT TERM: Bearish - Possible Short
MID TERM: Bearish - Until Alt Dominance returns
LONG TERM: Bullish
Thank you for stopping by, If you like my chart, Please LIKE, FOLLOW and SHARE. :)
I am not an investment adviser, this is only for entertainment purposes. DO YOUR OWN HOMEWORK.
ETHUSD Update: Short Trade After Breakdown of the Flag PatternETHUSD reversed from resistance and breakout of daily ascending trendline and support zone.
Price has been retracing the sell-off and currently retested the swing level correctively.
Price has the potential to move lower toward the support zone at $250 once we breach the green lines and flag channel.
Keep your eyes on this!
Previous Update:
Ethereum have the same Bitcoin movement: Bearish movementHello traders and Ethereum fan. On this analysis, Ethereum show the same movement on what Bitcoin do.
On H8 timeframe, we could to appreciate it a possible formation of double top so similar on Bitcoin
We have the same situation in H8, and so similar
Now, in H1 timeframe, we see that Ethereum is leading to the $338 USD, that is my exact target to find down. Now, I put a short order limit at $372.73 and the SL at $381.23 USD, that is my exact price to localized my position, SL and take profit.
Well, Ethereum is formed a bearish rising wedge channel in this timeframe, and that mean a possible correction while Bitocin do it. That could be an interesting position starting this week.
Also guys, as in Bitcoin and Ethereum yesterday was formed bullish traingles, so that movement mark in yellow's circle was the movement between the 12 a.m. and 4 a.m. on the New York time, that hour I am to the bed to sleeping