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Ethusdshort

ETHUSD Analysis: Further Weakness Ahead!Ethereum "ETHUSD" reversed from resistance level and break out of ascending trendline and support zone. Price is currently reversing from ascending trendline and has the potential to retest the broken support as resistance. Watch out for bearish price action signals from the swing level for a longterm short trade opportunity. Targets at a support level around $250 are very probable! What's your view on Ethereum? Kindly let me know in the comment. Thanks, Veejahbee.
BITFINEX:ETHUSDShort
by Veejahbee
2
ETH/USDPrice action on the monthly TF has broken above the reversal level with a clean break. Held itself above that level for a whole month before seeing a sell-off back down to $302.66. As price marks its way back down to $302.66 I can see it consolidate around this level before making its way back to its ATH of $1,420.00 but before we reach that level I can see price halt at $870.00. The daily major reversal level was broken at $375.83 one can expect a pullback on the 2hr TF back up to $372.40-382.40 before reversing and making its way back down to $302.66.
BITSTAMP:ETHUSDShort
by OTIEmpire
ETHEREUM has broke the previous year July high levelETHEREUM COINBASE:ETHUSD On month starting this cryptocurrency has briefly reached the 490$ per one ETH. As the bitcoin tumbles ethereum has also giving back some of this yearly gain. And the price is currently trading below the July-2019 high which is previously acted as support for the bullish run. In daily chart strong bearish engulfing pattern is underway. If the price close below the 364$ mark in daily timeframe. More sellers will get in to the action. The next target will be around 300$ level which is the next major resistance zone. Stop lose may place above 400$ level. In Elliott wave analysis the 5th major wave is completed and the minor correction waves are forming and will update about the wave formation in coming days Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas Disclaimer It’s not a financial advice. Do the analyze and take a decision.
COINBASE:ETHUSDShort
by forexorbit
2
ETHUSD: Continued declineAt D1, the cloud is directing upward, indicating an uptrend. But, the price broke the uptrend line and a very strong divergence between the RSI and the price was formed. At H4, the cloud is directed downward, which indicates a downtrend. In addition, the RSI has reached the oversold level, which indicates that the sharp decline will soon stop and the price correction will begin upward. We recommend selling ETHUSD, when RSI will reach the overbought level at H1 and H4.
BITFINEX:ETHUSD
by QubitLife
2
Bitcoin lead to EthereumHello, in this analysis, Ethereum show a bearish signal, we have the same situation of what Bitcoin do. I see a bearish BAT, also, more interesting to make it. Ethereum is into this descedent triangle in formation It's seem a possible reversal of the trend and then, we could see an Ethereum on the $338 USD in short-term. So, I put another short position in this cryptocurrency. I'm in short in Ethereum and Bitcoin, because we could see a drop, more important is to watch about more Bitcoin price action
COINBASE:ETHUSDShort
by harisonhbn9718