#ETH long structure is intact 📊#ETH long structure is intact ✔️
🧠From a structural perspective, the double bottom long structure has not been destroyed, so we can still look forward to higher targets. At present, we are still suppressed by the strong resistance of 2400. Only by breaking through the resistance here can we challenge the short defense point.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬 BINANCE:ETHUSDT.P
ETHUSDTPERP
#ETH There are still goals to achieve, cautious bearish📊#ETH There are still goals to achieve, cautious bearish ⚠️
🧠From a structural perspective, we have constructed a double-bottom bullish structure near the buying zone. We have now reached the overlapping area of the periodic resistance zone and the downward trend line. It is reasonable to fall back when encountering resistance. However, the most ideal bull target area can still be expected. Before the double bottom structure is destroyed, please be cautious in going short.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BINANCE:ETHUSDT.P
#ETH Bullish Double Bottom Structure📊#ETH Bullish Double Bottom Structure📈
🧠From a structural perspective, we have constructed a same-cycle bull structure near the buying zone, which means that the downward trend is over. We need to be alert to the occurrence of a sustained rebound. The next strong resistance is near 2400.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
BINANCE:ETHUSDT.P
#ETH Spot Trading Opportunities📊#ETH Spot Trading Opportunities🔥
🧠We eventually broke below the support zone, continuing the power of the bearish cup-and-handle structure, and the support zone turned into a resistance zone. If we continue to extend the downtrend, then we can consider buying some ETH after reaching the target area of 2078-2200 of the cup and handle structure.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BINANCE:ETHUSDT.P
#ETH Bullish Head and Shoulders Structure📊#ETH Bullish Head and Shoulders Structure❓
🧠From a structural perspective, we can see that an obvious bearish cup-and-handle structure has been established, but we need to note that this structure is established within the buying zone of the large cycle, so its effectiveness needs to be verified.
➡️Judging from today’s structural evolution, we have the opportunity to build a bullish head and shoulders structure in the buy zone. If this structure holds true, the bearish cup-and-handle structure will fail.
➡️ So if you followed my point of view to go short yesterday, then it is reasonable for you to lock in the main profits before looking forward to more. We did not participate in the short transaction of ETH because we have already done the short transaction of BTC, and their transaction logic is similar.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:ETHUSDT.P
#ETH Bearish Cup and Handle Structure📊#ETH Bearish Cup and Handle Structure📉
🧠From a structural perspective From a structural perspective, we successfully constructed a bearish cup-and-handle structure after falling below the neckline of 2397.23. The ideal target area for this structure is 2078-2200. However, this structure is built in the buying zone of a large cycle, and I am not sure whether it can achieve its ideal goal.
📈Currently we are near the neckline resistance of 2397.23. If we fall from here to near the support area to build an hour-level long structure, then there is a high probability that we will not reach the ideal target area of 2078-2200.
📉If we rise directly to the inflection point resistance area, then the probability of us continuing to fall will be higher. Unless we can break through the short defense point, we should not be too optimistic.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:ETHUSDT.P
#ETH Descending Triangle📊#ETH Descending Triangle📈
🧠From a graphical perspective, we have an opportunity to form a descending triangle near the buy zone. Maybe we need to be more patient and wait for a breakthrough after the price is compressed to the extreme.
⚠️When trading within this chart, we should try to be as conservative as possible, and learning to be content should be a good choice. Therefore, our long order yesterday automatically locked in the main profit after completing TP1. Congratulations to our friends who followed Wolf King to print money. 💰🍻
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
#ETH Ascending Triangle📊#ETH Ascending Triangle📈
😱When you wake up, the price is still the same, but your position is gone. If you look closely, you will see that it has been liquidated. So we must realize the importance of risk management. Unfortunately, yesterday’s short order was not triggered because the difference was 14 points🤷♂️
🧠The current market is still in a shock stage, moving back and forth between the resistance zone and the buying zone. We are now in the red selling zone and relatively close to the resistance zone above, so chasing the rise is unreasonable. From a pattern perspective, we have the opportunity to form an ascending triangle here, and if we continue to break upward, we can try to place some short orders after reaching the resistance zone.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
#ETH goal achieved📊#ETH goal achieved ✔️
🧠 From a structural perspective, the goals of the double bottom long structure have been fully achieved, so there is an expectation of a callback. As the upward trend support line is broken, it means that the previous period of rise is over, so we need to be alert to the risk of further decline. 📉
➡️The long order we got on the 28th was also hit and closed after the stop loss was moved up. However, we have already reduced our holdings twice, and the overall profit is still very generous. Congratulations to all the friends who followed Wolf King to print money. 💰🍻
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
#ETH rebound has been achieved📊#ETH rebound has been achieved✔️
🧠From a structural point of view, we started the rebound after building a double bottom bullish structure near the buying zone. Currently, the goal of this structure has been achieved and it has reached the resistance zone, so we should lock in the main profits before looking forward to more , to prevent unforeseen circumstances from occurring and causing a sharp retracement of profits.
➡️So we have locked in the main profit and look forward to more without risk. If the future development is relatively strong, we should be able to see good room for growth. Congratulations to the friends who followed Wolf King to print money and received generous returns.💰🍻
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
#ETH arrives at the buying area📊#ETH arrives at the buying area✔️
🧠 From a structural perspective, we continue the strength of the bearish head and shoulders structure and see a deep correction. The current price has reached the buying zone that I am concerned about. The action to be done in the buying zone is to buy and lock in the main profit of the short order. Friends who do not have spot positions can buy some.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BINANCE:ETHUSDT.P
#ETH Bearish Head and Shoulders Structure? 📊#ETH Bearish Head and Shoulders Structure❓
😱When I woke up, I found that my position had decreased. It turned out that the profit was automatically stopped after reaching the target 🥳
🧠From a structural perspective, we have a bearish head and shoulders structure built near the resistance zone, but I am not prepared to participate in this short opportunity just yet because there is a larger level bull structure present. Moreover, it is very close to the 2694 support area, the inflection point below, so short selling is not cost-effective.
⚠️Note that the long orders we held near 2660 have been swept away after moving up SL. I will wait for new signals to appear before considering setting up new transactions☕️
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
Where is the best trading range for #ETH? 📊Where is the best trading range for #ETH❓
🧠From a structural perspective, the bullish cup-and-handle structure within the 4-hour level is still intact, so there are still bullish expectations.
➡️We started to fall back after being blocked by the resistance area of the two necklines (2805-2813) again. This is very reasonable. The support area that can be seen currently is around 2700-2730.
➡️If we develop as expected, then after reaching the most ideal target area of 2880-3000, we will close the long orders we hold and then look for short selling opportunities.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
#ETH Bullish Cup and Handle Structure📊#ETH Bullish Cup and Handle Structure📈
🧠We placed some long orders after breaking the key watershed downtrend line and saw a nice move up. From a structural perspective, a bullish cup-and-handle structure has been established, and there is still room for continued gains in the future.
➡️However, after we broke through the previous high, we encountered the resistance of two necklines (2805-2813), so we need to be wary of the risk of a correction. Even if we want to participate in new long transactions, we should wait patiently for a period of correction before considering it.
➡️Unfortunately, there was only a US$1 difference from our TP2 and the automatic reduction was not triggered, so we manually reduced our position by 30% and only retained 20% of our position. We are patiently looking forward to more.
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
#ETH is blocked by the downward trendline📊#ETH is blocked by the downward trendline❌
🧠Recently, ETH has been consolidating sideways since it reached the resistance zone. The differences are relatively large, the trend is not good-looking, and it is not standard, so I rarely pay attention to it. Only when we get out of this divergence area will trading become easier.
➡️The key watershed that can be seen at present is the downward trend line. Today is the third test. If it cannot successfully break through, then I hope to see the price move back to the buying zone below.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
BITGET:ETHUSDT.P
Ethereum ETH price completed its correction, and next growth?Here is a global wave analysis of the OKX:ETHUSDT price
After the launch of #ETHETF, the price correction of CRYPTOCAP:ETH has started
After launch, #BTCETF was similar to the CRYPTOCAP:BTC price. Well, this is logical, because large funds need a trading volume to purchase a large position and preferably as cheaply as possible.
The probable correction wave (4) was 0.5 of the previous wave (3)
Now the main task is to keep the OKX:ETHUSDT price in the range of $2250-2550
Well, and from this zone can start the growth wave (5) with the goal of at least $5950-6000 per CRYPTOCAP:ETH
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
#ETH rebound expectation has been realized📊#ETH rebound expectation has been realized✔️
🧠 We started to rebound after getting support near the buying zone. Now we are blocked near the resistance zone again. We need to be wary of the risk of a pullback and don’t chase the rise in the resistance zone⚠️
➡️Congratulations to the friends who followed Wolf King to print money and received generous rewards.
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
#ETH is bullish, where are the new trading opportunities📊#ETH is bullish, where are the new trading opportunities❓
🧠From a structural perspective, the double-top bearish structure built near the resistance area has been destroyed, so we are left with only a bullish expectation. In the future, we will mainly focus on the bullish trend.
➡️Although we are bullish, we are currently near the resistance zone, so we need to be conservative if we are bullish. If we could get back into the buy zone below, we would buy without hesitation. 📈
➡️Although we are bullish, it does not mean that we will give up short trades. If we return to the resistance zone again and do not break through the previous high, we will consider placing some short orders. 📉
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
#ETH is blocked by the resistance zone, what’s next?📊#ETH is blocked by the resistance zone, what’s next❓
🧠 We started to rebound after getting support near the neckline as expected, but unfortunately we failed to break through the blue resistance zone to continue the bullish power, so the long orders we got near the neckline were swept away after the stop loss was moved up. dropped.
➡️Structurally, we have constructed a double-top bearish structure near the resistance zone, so there is the possibility of a deeper pullback. But there is a contradiction as there is also a bullish double bottom structure on the 4-hour chart.
➡️Since there is a conflict, we need to wait patiently for the conflict to be resolved before participating in new transactions. If you, like me, hold short positions in relatively good positions, then you can reduce your holdings and then look forward to the possibility of deeper adjustments.
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
#ETH reaches the neckline support area 📊#ETH reaches the neckline support area ✔️
🧠 The market has corrected as expected and has reached support near the neckline. From a structural point of view, we have constructed a double bottom bullish structure near the neckline buying zone, so we need to be alert to the occurrence of a rebound.
➡️At the same time, we have locked in the main profit of the short order and only retained a small part of the position to look forward to more. Congratulations to all the friends who followed Wolf King to print money.
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
#ETH reaches the staged resistance zone📊#ETH reaches the staged resistance zone✔️
🤷Unfortunately, the rebound occurred before the most ideal buying area was reached, which means that we missed the opportunity to rise in this period.
🧠It is impossible to chase the rise at present, because we have reached the stage resistance zone and there is an expectation of a correction, so if you want to be bullish, you have to wait for a period of correction before considering it.
➡️If we can get support back near the neckline, then we can try a long trade.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
#ETH/USDT#ETH
Ethereum
The descending channel has been clearly broken on today's frame
It is expected to touch $2174 before the recovery and rebound begins
We have a sell saturation on the RSI indicator
We have a trend to return above the moving average 100 again
We have a strong support extending from $2000 to $2100
A rebound is expected from that area targeting
First target 2460
Second target 2830
#ETH/USDT#ETH
Ethereum price is moving in a descending channel on the 1-hour frame
The price is moving inside the channel perfectly, it is expected after a slight rise
Then the decline will continue to fill the price gap with a target of 2700
The market is expected to recover after that after filling the price gap
This decline is affected by the geopolitical events happening these days
The pattern is canceled in the event of a 4-hour close above 3200