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ETHUSDTPERP

ETHUSDT: BREAKOUT FALLING WEDGE, SHORT-TERM BULLISH FOR COINS?Hello Traders, Here’s your free ETHUSDT outlook. Don’t forget to smash the LIKE, FOLLOW, and COMMENT button to support the channel. ETHUSDT is breaking the falling wedge pattern. The momentum indicator starts pointing up in the neutral area, indicating ETHUSDT has the potential to move upward to the target area. The roadmap will be invalid after exceeding the support/target area. DISCLAIMER: This is only an outlook, not a recommendation to buy or sell the cryptocurrency.
Long
by financialfreedomgoals101
4
Ethereum pennant to 6k? Ethereum could be forming a large pennant with an upside target of $6.2k . Path may not be exact, accumulating and staying the course makes sense. Know when the structure is broken and where you could be wrong. We could see a short term pullback to form a cleaner structure of the pennant, with a pennant break out around october november. This is on the assumption that bitcoin maintains integrity with the 30k floor and doesnt form the notorious descending triangle. It could lead to a downside pennant break should bitcoin dictate that, however we would need a bearish catalyst, maybe stock market break down. However since fed have been pushing for rate hikes around 2023 you can assume the bull trend will continue onwards. Historically buying ether around the nov/dec period and selling around may/june has proven to be a rewarding period. Amplify that with some credible alts to potentially outperfom. However, considering how low bitcoin dominance is, it wouldnt surprise me if bitcoin took the lead first and take back some liquidity before the knock offs have their rips again. Good luck.
Long
by TheCheartBreaker
ETH looking weakAfter breaking trendline support and forming Bearish Flag afterwards, Ethereum has now recently been broken down of that Bearish Flag along with successful retest which can be seen by clear downward rejection from micro 0.5 fib level. My current target for Ethereum for now would be in 2.7k range as it has good support in that region consisting of Micro 1.618 fib level, Macro 0.328 fib level and Previous resistance which was retested as Support later on. The support region is represented by Green area and I am expecting ETH to fall towards that area now.
Short
by syedhamza2135
💥ETHERUM IN A CRITICAL ZONEPlease support this idea with a LIKE👍 if you find it useful🥳 Etherum is facing a resistance which can make it fall to $2400 or rise to $4000. As seen on the chart, Etherum just completed it's Double bottom (W pattern) race with a breakout and a pullback above the supply zone. A break above the current resistance zone takes Etherum to $4000. But if price is unable to break this supply zone, then a double top (M pattern) comes in play to make price fall to $2400. What do you think? Share your opinion in the comment section✍️ Follow me to receive more updates on ETHERUM (ETHUSDT) 🤗 Happy Trading💰🥳🤗
by PetrockFxTrading
6
$ETH - Complacency Shoulder or 10K?$ETH - argueably the strongest asset on the crypto market rn, just look at the amount of up candles on the daily with virtually no pullbacks But, now we are coming into the OTE of the huge downmove The downmove which never actually broke weekly structure to the downside, only the daily Thus we can look for shorts within these Daily Bearish Order Blocks, which is overlapped by a 3D OB I will not be blindly shorting though as the asset is so bullish into the sell area Any triggers though and I think we could swing down to the MO and D OB that overlaps it depending on how BTC plays out If we get though the first D OB, I wouldn't be too surprised and a long of the retest into new ATH's could really be the play ETH 2.0 coming on smoke
by InvestmentsHub
#ETHUSD Reached $2800! Perfect Prediction! New Setup here...Welcome to this update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. In my previous ETH update that I posted on July 26th, I speculated a move towards $2800 and recommended an entry in ETH around $2000 and within 10 days the target got filled. We made almost 40% profit on spot. Perfectly on track! I hope you will appreciate these efforts. In the current chart, the main support for ETH is at $2500, $2300 is another support If ETH gets there. I expect some pullback to the $2500 to 2750 area and then a bounce to break the current resistance level around $2849. Once we break and close above this resistance it's highly likely we will see ETH above the 3k mark. What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
by Cryptorphic
21
ETH : Is that WHAT it looks like ?📊ETH is forming an interesting chart pattern on a 1-hour timeframe, "DIAMOND TOP' and the last time it did the same was around 16th MAY on a daily timeframe, the price made it's ATH and then boom it dropped more than 50%📉 Although, this pattern usually leads to a price drop as it is a reversal pattern which normally forms on market tops💥 It will be interesting to watch how the price develops as we are currently retracing after continuous 10 green days and are only 2 days away from EIP-1559. 👀 DYOR.
by Wolf_Of_Alt_Street