Ethusdtlong
$ETH has two scenarios here. I'll give you two scenarios for ETH
Scenario 1:
Retesting the 0.786 and finally claiming the 1.618 around 6153 which confirms an altseason.
So far, ehereum is following a trend line, and it's slightly correcting every now and then.
Truth? typical staircase pattern but i do not like it.
Other scenario:
Reclaiming and retesting the golden pocket. 4024 and that could give me a good scalp to 4391 and then i'm out since this may be considered a dead cat bounce.
Note: i'm not beairsh (yet)
Eventually I will have to be, and you may get angry or upset over the truth, so if you get triggered, you need to seek god or something.
Ethereum price analysis * Ethereum in 1D time frame is moving in a Ascending channel or Rising Channel pattern
* Rising channel appears when the price moves between two parallel ascending trendlines. forming higher-highs and higher-lows.
* To continue the uptrend Ethereum needs to move within the channel.
* If the price breaks the below trendline support we can expect a drop till $4450 support and a bounce back
ETH long term , short-termWhat's up guys!
On the left is the daily timeframe for ETH Hodlers
it's quite obvious that price is in an uptrend after making a double bottom back in July and august indicated by the red arrows
As bulls take control while making that area a major demand area , price starts to form a channel (Which is shown in Blue)
From my perspective , price makes an All Time High (ATH) and the bulls will still push it up further until it enters an overbought (which could be 4800 - 5500) area before it makes a huge correction and buyers turn sellers and takes their profits
Note that a break of the 4000 newly formed support area can be broken to continue to validate the channel and bring price to a more attractive level
On the right is the 1H timeframe for the ETH scalpers lol
Price is in a correction stage and forms a descending triangle after bulls pushed price to a new ATH
Classic MACD divergence present , waiting on the break with momentum candles and probably a cross of the moving averages
Only if this occurs then price will fit my buy setup , what do you guys think ?
Ethereum buy the dip.Ethereum - Intraday - We look to Buy at 4404 (stop at 4323)
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
We are trading at overbought extremes.
A lower correction is expected.
50 4hour EMA is at 4400.
We look to buy dips.
Our profit targets will be 4629 and 4689
Resistance: 4600 / 4670 / 4700
Support: 4500 / 4450 / 4400
💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4436.18).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 4637.49
TP2= @ 4800.00
TP3= @ 5000.00
TP4= @ 5200.00
TP5= @ 5400.00
SL= Break below S2
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💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4436.18).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 4637.49
TP2= @ 4800.00
TP3= @ 5000.00
TP4= @ 5200.00
TP5= @ 5400.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ETHUSDT TargetsEthereum would need avoid the $4,217 pivot level to support a run at the first major resistance level at $4,535.
Support from the broader market would be needed, however, for Ethereum to break out from last week’s ATH $4,461.96.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
In the event of another extended breakout, Ethereum could test resistance at $5,000 levels before any pullback. The second major resistance level sits at $4,780.
A fall through the $4,217 pivot would bring the first major support level at $3,972 into play.
Barring an extended sell-off in the week, Ethereum should steer clear of sub-$3,800 levels. The second major support level sits at $3,655.
At the time of writing, Ethereum was up by 0.63% to $4,316.98. A mixed start to the week saw Ethereum fall to an early Monday low $4,281.33 before rising to a high $4,328.05.
Ethereum left the major support and resistance levels untested early on.
Long Term Targets For Ethereum :
1st Target = $5000
2th Target = $7000
3th Target = $11000
ETHUSDT Roadmap ETH is great for investment. As you see on the chart, 9k, 12k, and 17k are the major points that will be touched in the future. Hold and whenever it falls, you can add to your wallet. BTC, ETH, and DOT have the same capacity, and all these ones are going to touch upper levels. As a tip, whenever you are in profit, you can take your profit! HODL and enjoy!
#ETHUSDT to $6,275 ? , Massive Pattern BrokeoutWelcome to this quick update, everyone.
ETHUSDT looks really bullish here.
I know the market looks scary here but this chart says otherwise.
The Cup and Handle pattern has broken out.
If the upcoming weekly closes above the 42k level it's highly likely we will see a 6k+ ETH by the end of this year.
just to clear your doubt:- There's always a shakeout before every big rally and I believe the current market is in that situation.
We can have some long wicks to the downside which will eventually be bought by the bulls.
The target of this pattern is $6275 roughly a 55% Rally.
21D MA is the indicator that you need to follow for the invalidation of this chart.
Any close below 21D MA will either invalidate or delay this rally.
This is not financial advice, DYOR before taking any trading action.
What do you think about this chart?
Do hit that like button and share your views in the comment section.
Thank you
#PEACE