Ethusdsignal
ETHUSD crash will startHi there,
ETHUSD looks topping here, with a bearish pattern about to start, this is the classical bearish pattern to trap in more bulls right at the top before the downfall begins.
Watch lower timeframes for entries,
Good Luck
ETHUSD: Wait confirmation before enter shortWe wait a break of uptrend line before go short. A descending channel in formation
ETH/USD LONG Set Up after testing $1706Ethereum (ETH/USD) weakened early in today’s Asian session as the pair depreciated to the 1750.63 area after trading as high as the 1893.75 area during the European session, with the interday high representing a test of the 78.6% retracement of the depreciating range from 2041.42 to 1356. Stops were elected below a series of downside technical support levels, and technical support finally emerged just above the 61.8% retracement of the appreciating range from 1493.28 to 2041.42. Chartists note this area was also just below the 50-bar 4-hour simple moving average. Stops were also recently elected above the 1930.40, 1957.36, and 2017.05 levels during the appreciation, areas related to historical buying pressure around the 215.16, 370.50, and 176.43 areas. If ETH/USD extends its upward strength, additional upside price objectives include the 2080.48, 2134.98, 2150.66, and 2210.42 levels.
Some areas of potential technical support during pullbacks include 1403.13, 1205.96, and 1008.79, with stronger technical support likely in place around 1296.30 and 1066.14. If ETH/USD extends its recent depreciation, potential technical support includes 1285.87 and 1205.96. Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).
Price activity is nearest the 200-bar MA (4-hourly) at 1719.53 and the 200-bar MA (Hourly) at 1809.35.
Technical Support is expected around 1285.87/ 1205.96/ 1128.29 with Stops expected below.
Technical Resistance is expected around 2080.48/ 2134.98/ 2150.66 with Stops expected above.
On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage.
On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.
Title/(Date): ETH/USD Long Set Up
Asset:CRYPTO
Order Type:Market buy/ Buy limit
Time Frame:1D
Entry Price 1: $1,718.00 (Active)
Entry Price 2: $1,704.00 (Pending)
Stop Loss: $1,688.00 (300 Pips)
Take Profit 1: $1,748.00 (300 Pips)
Take Profit 2: $1,818.00 (1,000 Pips)
Take Profit 3: $1,868.00(1,500 Pips)
Take Profit 4: $1,918.00 (2,000 Pips)
Take Profit 5: $2,018.00(3,000 Pips)
Status: 🚨Pending🚨
ETHUSD Charting updateThe pair dip didn’t come as a surprise.
If you’ve been following this pair update here, you will understand the situation better.
At this moment, buyers are able to secure a visible and feasible trading structure for the next level.
A trendline break can of course help the coin price shoot higher.
Gains are expected to be taken at 1700 - 1750 USD.
Since the third swing points are not always reliable, a spike can push the coin price to approx. 1900 USD.
**Sentiment: Bullish **
Decision rule: Buy now or wait for a trendline break. If you must give up on unexpected drawbacks, let it be around 1428 USD
Etherum (ETH/USD) - My 2nd ScenarioHere you can find My 2nd Scenario about #Etherum (#ETHUSD)
1 - - Price might be hit 1st Strong Level and Drop Sharply.
2 - - But IF Price Break STRONGEST resistance Zone. Then It might be cross &2000.
But these scenarios are very weak from my point of view.
You must have to see my 1st Scenario on my Timeline.
Ethereum ETHUSD - NEXT TARGET >>> $900ETHUSD - NEXT TARGET >>> $900 <<< ???
This is the 1st Scenario and totally based on Price Action.
We have 4 Major Confulence Points.
1. Supply Zone
2. Strong Resistance Level
3. Down Sloping Flag
4. Price at "C" Point Level.
What Ur Thinking!
Share Your Idea and Comment Below.
>>> 2nd Scenario Shared in NEXT Post.
ethusdHi, I am Milad Ekrami. We have found this ceiling considering our trading style, and surely this area will be touched.
ethusdWith the movement steps, the path can be traversed and the time to hit the resistance levels can be predicted.
EthUsd- Can it reach 3k? My opinion is YESAt this point, Ethereum is trading slightly under its all-time high (20% not being so much in the crypto world) and, simply looking at BTC after breaking above its ATH we can see that it doubled its value pretty quickly. Furthermore, we are in an extremely strong bull trend when it comes to crypto and I expect this to continue for the first part of 2021.
In my EthBtc analysis, I said that I expect a break above neckline resistance of the H&S and a challenge of 0.06 figure.
Putting all together, a bullish bitcoin that can go above 50K , a bullish ethbtc that can break above resistance I will reduce all to simple math:
50.000 x 0.06 equals 3k for EthUsd
ETHEREUM TO BREAK THE LAST HIGHEthusd is set to break above the last price high, all eye son 1400 and above, stay tuned
ETHEREUM To Continue Decline After Short-term GainETHUSD decline from $1348.24 unfolded as a five-wave impulse. The sub-wave of wave (3) is also visible.
According to the Elliot Wave principle, at least a three-wave move in the opposite direction follows every impulse. The correction seems to be unfolding as a simple zigzag, which is now in wave (c).
Once the three-wave move is completed, the price should resume in the direction of the impulse. So a decline below the previous low at $912 is plausible in the days ahead.
This scenario is applicable to Bitcoin and Litecoin because they're highly correlated!
What's your thought on Ethereum? Let me know in the comment.
Thanks for reading,
Veejahbee.
ethereum next possible move I am expecting a wave 4 retracement on ethereum price chart, followed by a continuation of the uptrend
