#ETHUSDT looks imminent for $6k Here's Why!Welcome to this another Update on ETHUSDT.
In my last update when I posted the buy signal around $3800. It rallied to almost $4800+.
This dip was a blessing.
ETH Chart looks really simple!
Can you call it bearish? I don't know your bias! I just don't see any bearish signs yet.
It's a classic Cup and Handle Breakout with the most important support around $3.8k and a local resistance around $4.5k!
The lowest we can expect is $3870 where I have placed a ton of buy orders.
Almost 14% of my portfolio is in ETH and will stay that way.
The pattern gives us a $6k+ Target by the end of this year.
Do you think it's possible?
Or, do you think we will see more corrections?
Do hot the like button if you want me to keep this chart updated and share your views in the comment section.
Thank you
#PEACE
ETHUSDTPERP
ETHUSDT , Becareful if you are in sell position Hello everybody
In here , According to trend we expect that the price can support in first supp and can rise the price
If the market cant support the price in first supp it can drop to other support that shown on chart
Guys please becareful and dont take any position without taking signal in lower time frame
I think everything is shown on chart and there is nothing to explain but if you guys need any help send me messages
Previous analysis :
Good Luck
Abtin
ETH READY FOR 5K 🚀🚀🚀Hello friends,
Everything was clear on the chart.
ETH has succesfully make new ATH recently. As you seen previuosly, after make All Time High ETH entered a correction phase.
This movement looks very neat, which is where ETH is completing its correction towards the strong support at 3840 - 3940.
Overall the movement of ETH still looks very bullish, you can see the next price peak is at the 5000$ level
Summary :
1. Weekly TimeFrame break Cup and Handle Pattern
2. ETH is in a correction phase based on elliot wave analysis after make new ATH recently.
3. Pitchfork clearly perfect
4. Support ini 3870 - 3940 it means you can buy in this range price level.
5. Next target in 5000 - 5200
I'll update later if there's change or break the structure
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
If you want me to share these trades here, hit the like button and share your views in the comment section.
ETHUSDT Bullrun Not Over Yet!!ETHUSDT (1D Chart) Technical analysis
ETHUSDT (1D Chart) Currently trading at $4310
Buy level : $3900 - 4300
Stop loss: Below $3300
TP1: $4880
TP2: $5500
TP3: $6400
TP4: $7500
Max Leverage 2x / Spot Market
Always keep Stop loss
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💥ETHEREUM NEW TREND - A FALL NEXT📉Please support this idea with a LIKE👍 if you find it useful🥳
As seen on this chart, we have price in an uptrend on a daily Timeframe. If we see a rejection once price hit the upper trendline, then I expect a retracement back to the lower trendline around $4,000
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
BTC multiple bearish channels observed. Visible stair patternI have decided to change my format of post to help some private messages that I have received. From now on I will post in fix format to make it less cluttered and help people understand better. On that note, here is today's observation:
BTC observing downtrend with multiple channels switching from previously heading up to now heading down.
My plan for today's trade:
Shorting at each point where BTC hit the channel line (never chase a trade, be patient).
Everytime the channel is broken and BTC continue its climb up, I will average down on the next channel (as indicated by the arrow icons)
I will not open any long trade unless the yellow channel breaks cleanly as staircase like downtrend pattern is already observed with only 1 uptrend channel left.
The icon arrows are guide lines. It will not hit exactly on the same spot.
Use them as guidelines to make decisions based on the ongoing channel lines closest to it. A rejection usually occurs when the line is hit. These are where u usually enter your trade, or set your stop loss, or gradually increasing your stop profit point.
1) breaking the channel line means continuation of the current trend.
2) rejection of the channel line means reversal of the current trend.
The arrow patterns are possible movement path. It will not move exactly as how they were drawn. Use them as guidelines to consider your decision
Please always remember to put a stop loss when you first enter a position, a stop profit when you are already in profit, and never chase a trade.
Should you have any questions or inputs, please let me know in the comment section, I will always answer them as best as I can,
Thanks for stopping by to my post, hope it can help you better in your decision making.
ETHUSDT , We are in buy zone ...Hello guys
According to our previous analysis , the market moved exactly to our way
At this time from the past we are in upward channel and we are near the base trendline and we need to take signal and watch carefully to take signal and take position and buy
Maybe it can break the base of trendline like BTCUSDT chart that we published but its not have high chance for it
Previous analysis :
Dont forget use stop loss and attention to money management
Be with us and sleep comfortably
Good Luck
Abtin
BTC correction is completed, further climb is expectedHello everyone, it is pretty clear that BTC is now highly bullish, more so than ever. Previously whenever we hit all time high, the day after will always turn into a red candle, but not today!
Its always a game of probability, but today based on all the channels that I have drawn, we are currently better of betting on long (sorry about the many lines, it may seems confusing but if you look at them carefully, they are basically current existing channels)
I have not take any entry today as I was planning to confirm the direction of BTC, especially after that sudden correction that occured in the morning. I am now sure BTC is still on its way up and have decided to preplan my entry point.
I have marked on my chart two possible entry points, and where best you can probably try to short.
1. we await for a small pullback nearing the past ath which coincidentally in the next few hours will meet with bottom orange channel. This will proof to be a tough wall of resistance and highly likely to reject the current downward pressure. 65,000 or so will be ideal, basically anywhere near the orange line.
2. we enter now (higher risk) and should btc drop, we will average down near the orange line
should our long plan failed and the orange line is broken, we can retry to average down at the yellow line or cut loss there. I personally however suggest to make the orange channel as your life line, if it breaks, cut your long. But i know some of us are more bullish, so there I present you secondary options to pullback.
Exit point will be at the blue line somewhere around 68300 ish and climbing with time. I suggest from then on to take profit and do wait and see or you can try to switch to short.
Thanks for stopping by to check my idea, hope it helps you in someway. As always use my chart only as guide but please do not swear by it.
May the bulls be with you
ETHUSDT , Its moving as same as ...Hello everybody
I hope everyone is in profit
In here we have a upward channel like BTC that we published it and exactly happend and we expect that ETH is moving like BTC movement
Until the price is in this channel we expect the market is rising the price and moving toward the TP
You can buy in here or you can check again the area for taking signal then take in position
Bitcoin analysis :
Dont forget stop loss
Be with us and sleep comfortably
Good Luck
Abtin
ETHUSDT Next Bull run!!ETHUSDT (1D Chart) Technical analysis
ETH/USDT(1D Chart) Currently trading at $3060
Buy level : Above $2969
Stop loss: Below $2610
TP1: $3380
TP2: $3775
TP3: $4185
TP4: $4500
Max Leverage 2x
Always keep Stop loss
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ETHUSDT(4h Chart) - Descending ChannelETHUSDT (4h Chart) Technical analysis
ETH/USDT(4h Chart) Currently trading at $3349
Buy level : Buy after Breakout
Stop loss: Below $3141
TP1: $3483
TP2: $3564
TP3: $3704
TP4: $3845
Max Leverage 3x
Always keep Stop loss
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will get rejected by MA200?Hi traders,
ETH has been a channel. Now, it is about to hit the upper level of the channel. But because of the low volume and that the upper level is nearly same as the MA200, I believe it will get rejected from that level. In that case, I will stop loss if the price closes above MA50. Otherwise, I am gonna hold the position until the next support level.
Stay safe.
ETH 1D What is more real: a growth of $6400 or a fall of $1100?A month has passed since the publication of the previous global idea for ETH
Then we recommended covering longs in the region of $3000-3300
The price twice tried to enter this zone, first it was $2910, then $2891, and then a strong drain again into the current liquidity zone.
Now it seems like another wave of growth in the ETHUSDT pair is being prepared , but there are several conditions, let's list them:
1) The price should consolidate above the liquid zone of $2,150, and then above $3,000
2) Only after the ETHUSD price confidently breaks through the $3550 mark will the path open for updating the maximum, possibly even up to $6400 for Ethereum.
3) If the price of ETHUSDT now begins to consolidate below $1700 or later below $3000, this will be a notification that buyers are weak, and it is better to leave the longs, because the price may fall into the lower liquid zone of $1100-1400
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