Great chance of going short, only if ETH breaks the trend line Hi guys, here is my ETH price analysis, for now with great possibilities of breaking the trend line and heading down, to continue we will continue long until approx $ 267, Do not forget to like it if you like my idea , comment your suggestions, I will appreciate them
Ethusdshort
ETHEREUM SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market-Sell: 235,00
Stop-Loss: 243,40
Target 1: 227,50
Target 2: 222,95
Target 3: 215,75
Risk-Reward: 2,31
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Peace and good trades
Irasor
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Ethereum Reached the Important Level, It's time watch this levelEthereum is currently trading in a Important Resistance area!
If it breaks upside the resistance it will go more higher up to 290$
But, If Ethereum can't break through this resistance and breaks the trend support, we can see Ethereum again in 150-160$ level.
We can also see a bearish divergence in RSI, it's not fully confirmed yet! We need to see how the today's candle closes!
I will update this in future seeing the market!
Please hit the like button and comment your thoughts! 👍👍👍 :)
Stay Tuned;
ETH/USD - shorts from level)The $200 level is important to me.
A break down will open a bearish trend.
I'll wait for the downward movement.
Scenario change:
Break-down level is $ 205.
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ETH/USD - shorts from level)
The air gives mixed signals to the market. On the one hand, there is a local crossover and the signal is bullish, but now Bitcoin and Ether are pressed against important resistances within the patterns. Still, I hope that there will be a breakthrough of resistances.
I will try a new buy locally on the pullback.
If I move from the current one, I'll look at the situation.
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ETH/USD - an important zone.Yesterday's prognosis paid off with an upward turn.
That exit was without me. They wouldn't let me come in.
You can see in this analysis:
The levels are taken from yesterday.
There was a way out, but we couldn't test the level.
I certainly wouldn't go long with the current levels.
Short is risky.
The plan is if we hold on to the yellow zone.
We should count on going to the top level for $253...
There's a second option in my head.
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ETHEREUM TO CONSOLIDATE ITS BULLSHello everybody, here's another ETH update after the last one followed the trend perfectly and brought more than 10% profit in just two days! So please keep supporting my ideas by LIKING as it motivates me to post more killer setups in the future. Thanks.
We are going to use the same strategy we used last time out so if you know nothing about it please read my last Ethereum trading idea. This coin could as well still be in an uptrend on broader term but its recent market behavior suggests that it looks to consolidate first on the short term. And we intend to profit on just THAT.
Observing the 4-hour chart we note textbook conditions for closing Longs and amassing Short positions. But be very careful, as crypto tends to promise roses and give thorns! Currently we have two market conditions validating taking a Short as much safer as opposed to Longs. First of, ETH has veered into overbought territory on the 4H chart. In addition to this, the candle where the RSI (Relative Strength Index) started pointing downwards after first being overbought closed at a perfect distance from our reference indicator the 120 MA (Moving Average).
What does this actually mean NOW? Ethereum could find it very difficult breaking and fixing at $230 or higher. Therefore, If one would be considering opening a short and factoring in the 3% retrace, $220-227 is the ideal range for entering this kind of trade targeting oversold conditions as the exit. While it might look to some too risky shorting Ethereum here, booking Longs that are in profit at $220 or higher certainly wouldn't be anything short of wise for a trader to do. Consolidation.
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ETHUSD. After the resistance level, the price will roll back.Hi traders!
The price of the entire cryptocurrency will not grow much,
any take-off should be followed by a drop.
For Ethereum, it will come at the level of resistance.
Sell zone is above this level, the price will roll back!
Keep up with current prices.
Good luck to you!
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This idea does not provide the financial advice.
ETH/USD - interesting to buy after breakdown 205$Apparently MM is leading us in the footsteps of shorts.
The shortsmen's stop orders are in the $210-215 zone.
Entrance after breakdown 205$ and fixation.
the target will be $207 and $210.
On 1D marked side movement.
The exit from which will give an excellent profit.
You can open trades from these levels, breakout or rebound.
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Before to trade my ideas make your own analysis.
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Ethereum a possible 15% drop coming !Ethereum is trading inside a bearish channel, now price is near the resistance of the channel | If price can't break through the Resistance and can't stay above the trend resistance then we can consider initiating a short a position. The trend is already bearish.
Risk Reward Ratio (RRR) = 1 : 4
ETHUSD / Hit the fib.786 on the dot - with double TD9 triggeringETHUSD looks primed for a drop
It just wicked the .786 fib exactly, with a TD9 on the 2h just triggered (on continuation, not confirmed yet) - and 1 more candle close for the 3h TD9 which will make a double TF TD9, which tends to be a strong reversal signal.
I have a feeling the MM are fake pumping this up to dump even more.
Its either that, or we will break resistance; but I am skeptical because this looks like a very traditional dump, pump, dump. zigzag pattern.
This is a pretty safe short with SL nice and tight above the fib.
wait for the 3h TD9, and there is also 1 more candle for a 4h as well.
so if it sustains, it could be a triple TD9 (2h, 3h, 4h)
ETH/USD - We can grow up locally. We can grow up locally.
I drew it on a chart.
It is better to enter one of the sides after the triangle breaks down.
As long as we're under 205. Looking at the shorts.
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#ETHUSD Another BEAR TRAP or SELL SIGNAL?I am grateful to all of you for supporting my work recently. OUR COMMUNITY IS GROWING.
I am grateful to every tradingview author who are working day and night to make these charts to help the community and the new followers for following me.
Let's grow together.
NOW COMING TO THIS CHART:
There's a lot of information in the chart so please observe.
The fractals show that whenever these kind of sell offs occurred we witnessed an upward rally. Take it as a bear Trap.
ETH fell into our green support area where long bids were filled.
In this chart ETH is holding the channel support so far.
The BTC pair chart for ETH also looks bullish (another reason for not being so bearish on USD pair).
85D EMA acting as a resistance so far.
CAUTION for longs:
AS LONG AS THE ETH holds the $200 Level I firmly believe It will reach $228or even $240 and the start some correction.
$200 ALSO HAPPENS TO BE A PSYCHOLOGICAL SUPPORT LEVEL.
The whole chart shows a RISING WEDGE Channel which is bearish in nature so need to be cautious.
CONCLUSION: We are LONG with two Stop losses at $198 and $191.
SUPPORT LEVELS:
200D MA : 203.50
Green horizontal support lines: $180 and $192.
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#ETH/USD Golden Cross: Long Entry +Targets BULLISHHello guys thanks for coming by to this update on ETH. In my last update I said we can break the $200 level soon if the resistance trendline is broken. ETH broke the resistance yesterday.
ETH also seems to be having a Golden cross in this 2 hours chart. It did broke above the resistance trendline and waiting for a retest.
BTC pair seems bullish too which will drive the ETH price higher.
We can enter for a long entry on the retest of the rising wedge.
#ENTRY: $197 TO $205.60
TARGETS:
1. $214
2. $219
3. $226
Stop Loss: $192.
This is setup could be highly profitable if we look at the mid term targets and resistance levels.
Mid term:
Resistance:
$227
$238
$261
Look at the chart and observe how I plot my moves as per the chart.
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