⚡️ETH 4HR CHART UPDATE⚡️Hello, traders welcome you all to this exclusive ETH 4hr chart update.
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Let’s look into the chart,
As ETH is trading inside a rising parallel channel for the last 46days it got rejected from upper trend line resistance and continuously dropped downside after breakdown to the green support level of $1660.
In the current scenario, ETH heading towards the lower mid-trend line support which ETH needs to hold to regain upright, candle close below trend line support will lead ETH to drop to a lower green support level of $1450.
If it breaks down the lower trend line support then it can move down to the lower support zone.
Let’s see how the price reacts in the upcoming hours.
Here we need a trend reversal to go long until then stay aside and wait for the right time to get in.
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This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
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ETHUSDTPERP
ETHUSDT Forming Flag/Pennant Pattern!!ETHUSDT (1h Chart) Technical analysis
ETHUSDT (1h Chart) Currently trading at $1734
Buy level: Above $1745 (Buy after breakout)
Stop loss: Below $1670
Target 1: $1780
Target 2: $1875
Target 3: $2000
Target 4: $2150
Max Leverage 3x
Always keep Stop loss
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ETH: Should hold this support!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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ETH breakout this flag pattern but it is currently at the resistance let's see if it will be able to break out this resistance or not.
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#ETHUSDT: Will we keep falling?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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On the chart we can see the descending channel, in which the price broke through upwards for the first time and is trying to consolidate above the level, earlier this boundary was worked out by the price very clearly and the price reacted strongly to it.
We can see that there is a battle for the side in the 1500-1600 area, either the bears or the bulls.
My guess is that the bears may prevail and bring the price back under the 1438 level, as there are no hints that the price will rise yet. The short-term target is support at 1438 and the medium-term target is the border of the lower range at 1264.
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ETH is heading towards its next support - 1H chartBINANCE:ETHUSDT is continuing its downward momentum.
the next target for BINANCE:ETHUSDTPERP is at-least 1286$
Once it reaches the 1286 range we can expect a next major decision at that range.
We can make our next trade base on how whether it bounces back or continues its downward momentum.
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VA
#ETH/USDT TRADE SUTUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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ETH looks good But in a shorter time frame.
Entry range:-CMP AND ADD MORE UP TO $1508
Target:- %30
SL: CLOSE LONG POSITION if ETH breaks down this lower support
Lev:- 20x to 10x
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ETH USD ETHEREUM printing a W formation on weekly chart
There a opportunity of short to the neck line
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ETH: Is at resistance!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH UPDATE
Update: ETH form this big channel in 2d time frame.
Currently, ETH is facing two resistance one is this horizontal resistance and the second this the middle of this channel.
ETH need to break this resistance if it reject then it will go test $1280.
Let’s see how the market will react.
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🔃✅💲Short term reversal for $ETH confirmed! #Ethereum 🚀🔜✅This chart is meant to show the confirmation of the reversal in the $ETH price. This is shown on the BYBIT:ETHUSDT chart, because of the higher (more speculation based) trading volume. It is currently showing strong confidence in traders for #Ethereum.
As shown, during the downtrend that $ETH has been in, there were multiple closes below the lower Bollinger band. These each signaled further $ETH price suppression at the time. After finding a possible bottom, then ranging sideways in what is now the current range of support, $ETH price finally broke out above the top of the range. This is very likely due to a short squeeze, however I believe that it being in conjunction with the recent bounce in $BTC and other cryptos, has allowed for confidence to be restored in $ETH price growth(at least for the short-term). Breaking above the range, with very tightened Bollinger bands, $ETH price managed to close above the upper Bollinger band multiple times. This is the first time this has happened on the daily chart since we had one (very brief) close above it, in October last year. To me this signals a (possibly very strong) reversal for #Etherem.
Going forward, I would personally expect a move up to the current strong resistance level around $2,100-$2,200, then a retest of the previous range-high/resistance, flipped to support. After that would be when I would assess everything to see if this confirmation truly has the merit that I personally believe it has.
Any strong close above $2,500 would be a very strong confirmation of this theory, and a close below $1,100 would possibly invalidate this whole theory.
**This is all my opinion, based on chart data. This is not financial advice.**
#ETH/USDT UPDATE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH UPDATE
Update: ETH lately, showed some greens which were suitable for the market. The current scenario of ETH is under a bullish expanding triangle which technically is bullish. It is testing the resistance at $1240. This is quite a decisive moment for ETH. If it successfully breaks and closes above the resistance level then we can expect some good rally. But if it gets rejected from the resistance, the trend will get reversed and we may see some drops.
Fundamentals: ETH is having a conference meeting on the 19th of July 2022. The Ethereum Community Conference (EthCC) is the largest annual European Ethereum event focused on technology and community.
What is your opinion about ETH? Do you think it will rally higher or will it drop badly?
Let me know in the comments. Do show your support with your likes and if you don't want to miss any updates then follow my channel.
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ETH: Should hold this support!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH UPDATE
ETH is forming this symmetrical triangle pattern and currently, it is bouncing from the lower support of this triangle pattern but we have $1075 to $1090 as a local resistance.
if break down this lower support of this triangle then the chart will be invalided.
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ETH: Is at support looks like it is ready to bounce!!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH UPDATE
ETH is forming this ascending triangle pattern and currently, it is on the support of this lower support.
LONG #ETH/USDT
ENTRY: $1150 - $1120
Remember to get in partially don't buy at once. It's important to keep your entry as low as possible. The best way is to buy in parts which will eventually average your entries.
TARGET: 50%
LEVERAGE: 10X
STOP LOSS: $1080
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ETH: Is at resistance looks like it will retest!!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH UPDATE
ETH is forming this ascending triangle pattern and currently, it got rejected from this horizontal level as I mentioned in my BTC Update that it will come to retest so I expect ETH to retest to up the lower support of this ascending triangle.
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ETH/USDT UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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ETH looks good But in the shorter time frame.
Entry range:- $1110-$1060
Target:- 40%
SL:- $990
Lev:- 20x to 10x
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#ETH/USDT SHORTER TIMEFRAME UPDATE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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ETH looks good But in the shorter time frame.
Entry range:- $1050-$1060
Target:- 10-12%
SL:- $1026
Lev:- 20x to 10x
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ETH/USDT SHORT TRADE SETUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH TRADE SETUP
#SHORT
ETH is not looking good here. Forming a symmetrical triangle pattern in 24r time frame and currently hovering near the upper resistance level.
Entry =CMP
Leverage= 5x
Sl=$1100
If we successfully break down this symmetrical triangle pattern then I'm expecting ETH to hit $680 level.
Invalidation level:- If ETH breaks and close above $1100 then this pattern becomes invalidated.
Let's see how the market will react in few hours.
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#ETH/USDT UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
#ETH UPDATE
ETH is not looking good here. Forming a rising wedge pattern in 2hr time frame and currently hovering near the resistance level . ETH has a strong resistance at $1250-$1280 level.
If we successfully break down this rising wedge pattern then I'm expecting ETH to hit $950-$980 level.
Invalidation level:- If ETH breaks and close above $1300 then this pattern becomes invalidated.
Let's see how the market will react in few hours.
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ETH/USDT UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
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#ETH/USDT ANALYSIS
ETH make this bullish cup and handle pattern but we need a confirmed breakout and retest then we can long ETH
Entry=$1030 to $1050
Sl= $1k
Stay tuned
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ETHUSDT UPADTE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#ETH is during this bearish descending triangle pattern but we will wait for a seartun breakout of this Pattern for short or long it.
But now we will see some accumulation
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