ETHUSDT analyse BUY short Hello to the best traders in the world
The price is in a strong buying zone
📊Fxbada4all 📊FOREX📊
🔴ETHUSDT (short)
BUY now : 2162
🟠TARGET💰
💰3498
💰4286
🔴stop lose 34076
"This is not an investment advice. Your capital might be at risk.''
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Ethusdtshort
ETHUSDT ShortTime Frame: 4H
Symbol: ETHUSDT
Entry: 2865.05
TP: 2461.66
SL: 3161.38
Bias: Short
A study of ROC (rate of change ) of price and multi-timeframe support and resistance , we can anticipate a short trade . The possibility of going upward is not very strong and the exhaustion of upward drive is also explicitly visible from the story of current price action. That is why, we are planning a short trade.
ETHUSDT - Ascending Broadening Wedge PatternETHUSDT (4h Chart) Technical analysis
ETHUSDT (4h Chart) Currently trading at $3090
Sell level: Below $3080 ( Sell After Breakout)
Stop loss: Above $3290
Target 1: $3010
Target 2: $2950
Target 3: $2810
Target 4: $2650
Max Leverage 3x
Always keep Stop loss
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ETH/USDT 4 HOURS UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
My previous ETH chart is going correct now, it is on a support of 21MA we expect a bounce up to 3400$.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
ETH Look Out Below!We just broke this large bear flag that we have been trading in for a couple weeks. On the daily we back tested the 21 day EMA and got perfectly rejected from it, on the 4 hourly we just re-tested the breakdown which also had perfect confluence with the 21EMA and vwap plus a local golden pocket and we were perfectly rejected again. If this plays out like a bear flag we're headed down into the 1600s
Eth weekly divergence MACDThe previous swing on weekly from may till Latest swing of November the price has shown upside while the MACD showing loose momentum
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The white dotted line will be acting as supports
Based on shorter time frame trades can be executed on price action basis
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As this analysis is done only on weekly chart the following trade plan might take time to activate
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Conclusions : eth looks sightly bearish for me no fresh longs will be avoided
Shorts position will be based on lower time frame
Happy trading
ETH/USDT 4HOURS UPDATE Welcome to this quick 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.
I have tried my best to bring the best possible outcome in this chart.
ETH broke and bounce from this green line support we are expecting a bounce from this level but we have to wait for a letter bet retest the support level I am bullish on it.
let's see how the daily candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
ETH Sell the downtrend.Ethereum - Intraday - We look to Sell at 3333 (stop at 3395)
Daily signals are bearish.
The trend of lower highs is located at 3340.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 3163 and 3103
Resistance: 3200 / 3300 / 3400
Support: 3100 / 3000 / 2926
Ethereum to break supportAs in Bitcoin's case, bulls don't have reasons to be happy at all...
After the recent drop under 3k, Eth started to correct, but this rally was short-lived and very well capped at 3.4k. A double top has formed here and now we are sitting exactly on the neckline's support. A break here looks imminent and the cryptocurrency can accelerate losses to 3k again
Also, a continuation to the downside will confirm that a lower high is in place and EthUsd can drop to very important 2750 support
Sell rallies can be a winning strategy for this crypto and only price above 3400 would negate this scenario.
ETH Dump to 2700s (Real Bottom)This fractal is replaying and projecting that we are about to dump down from this W to form the inverse head and shoulders which will actually represent the bottom before the reversal. The 1.618 fib level will predict the bottom which just so happens to be in perfect confluence with the last time we played this pattern out. I'm short from here and will long the quick wick down to the golden pocket just like I did at the bottom of this W
ETHUSDT ANALYSIS SHORT Theres a few things I like about the technicals
main one being that we are in a nice correction channel. I understand the longer the corrrection the more mometum is built to push price to new highs. (think of it like a sling shot)
2. massive wick created in early december was filled yesterday and price violated today
3. Fib ext correlates with the bottom of the channel I am interest to see whether this will hold. If it does not hold then it will for sure reach the order block and create a double bottom aka W formation.