ETH-D
ETH Short Term AnalysisEthereum Has broken out of short term consolidation and it seems to bullish for the shorter time frame.
So it may Rally Further or Retest the trendline to rally.
If it breaks the current support trendline, it will find support near the trendline below it. If Traders have higher risk appetite, they can extend stoploss to take supports from trendlines below.
ETH/USDT 1D 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 out a huge cup and handle pattern already retraced it or support level is 4200$ or resistances level is ATH. If we will broke the last ATH with conformation .
I thing the price cam pump from here .
If its breaks the 4200$ support level then the chart will be invalid.
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
ETH still looking bullish on the 4hIt looks like Ethereum is clearly forming a descending triangle on the 4h.
The technical target is at around $4450, this is in confluence with the .618 trend based fib extension (so hopefully setting a new ATH and not a scammy one such as last week).
The RSI indicates that there is space for more upside potential
I think that we still can see some volatility ahead but keep hodling ETH and everything will be fine :)
💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3603.67).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 3848.59
TP2= @ 4031.03
TP3= @ 4169.79
TP4= @ 4353.22
TP5= @ 4546.84
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
BTC Dominance Double Top formation | Pump in ALT soonas we can see BTC Dominance have formed Double top. We have seen good rally in bitcoin since starting of this month but Alt;s are under performing. But now, big pump for Alt is coming. This week we'll defiantly see a good rally in Alt Coins.
This is time to long. As per my last analysis on SUSHI, i am 100% sure Sushi will touch $15 by end of this month.
Bitcoin to 63KFirstly congratulations to those who took both side profits, ETH Short and BTC long.
Seconly- Be brave as I said, we may see 70k by 18th Sep.
Thirdly - Cut the noise , keep the long on
Now here we go, Bitcoin is pushing the channel (trying to break with volume) very bullish sign, if that happen we definately going to see next leg up till 63k (approximately near ath), take some break there and then , sky is the limit.
Do Note - Money can be made by doing perpetual things/ trend should be friend, if you are still continuing like me in btc long position from 39k onwards, you might have made handsome amount. If not, self analysis is needed, why you missed this run. Probably Answer may be FEAR.
Anyways Good luck, Keep spreading the channel, if you like the content!
SUSHI USDT | Breakout soonHello Everyone,
I am following SUSHI from very long time and successfully TRADING on this specific coin so far. As per moment we are understanding with BTC & ETH. Sushi is clearly showing breakout soon and we'll see SUSHI touching $13 Soon and in upcoming month we'll see making it ATH.
Time to LONG
ETH; Being the devil's advocate.This is not a prediction, I am not planning on shorting it (unless it starts to become dead obvious)
This is something that has non zero chance of happening so definitely something to be aware of/prepare for.
Dont get caught without a chair if the music suddenly stops :)
Good Luck!
Falling wedge on ETHI’m currently seeing a falling wedge on the 4h. It’s clearly visible that we got a rejection on the 3388 level. I think that if we break out of the wedge we will hit the technical target which will be at around 3500 approximately. It looks like we found support at the 3248 and 3199 level approximately.
Keep in mind that we’ve also got a bullish divergence as indicated by the yellow line. If we see a breakout I’d like to see a lot of volume coming in because of previous support and resistance at the 3388 level approximately.
This is my publication #17. Let me know what you think of it and if you have any questions, suggestions, feedback or other inquiries let me know and do not hestitate to send me a message and to leave a comment! I’m also just a trader.