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Ethereum (Cryptocurrency)

Ethereum Giant Head and Sholders [Ethereum equals BTC in a dangerous head and sholder formation. Losing there in the region of $1,680 breaks the neckline. I put the measure move of the high leg of this head and holders, vertical line in red and it's coming to $1,240 and it seems exaggerated but that's it. Now we are looking for the $1.700 region and it won't be good to miss it. After that the more coherent target and the $1.390 and below it loses the bullish structure. Maximum attention is for the S&P500 that will dictate the next chapters.
Short
by Chemintrader
ETH Ascending Triangle Pattern Points to Potential BreakoutEthereum (ETH) traders have identified an intriguing chart pattern on the 30-minute timeframe—an ascending triangle pattern. This bullish continuation pattern suggests a potential breakout ahead. In this article, we'll delve into the pattern, outline the key levels, and propose a trade setup for traders to consider. Ascending Triangle Pattern Overview: The ascending triangle pattern is a reliable bullish continuation pattern characterized by a series of higher lows coupled with a consistent resistance level. This pattern signals a higher probability of an upward price breakout. Current Scenario: ETH is currently trading in proximity to the neckline resistance level, forming an ascending triangle pattern on the 30-minute chart. Traders should anticipate a minor dip before a potential breakout occurs. Trade Setup: Entry Level: $1840 Target: $1946 Stop Loss: $1824 View Negation: Should ETH break below the critical support level of $1820, the pattern's validity would be invalidated, and traders should reconsider their position.
Long
by TheNewsCrypto
RISKY : Pre-Shanghai correction for ETHThere has been a rejection from 1.9k level for ETH. Since there has been a insane increase in price of ETH of more than 47% in the past few days. It is likely that there will be a correction before the Shanghai update. Since this is a pre-update prediction, this can also go horribly wrong because the overall sentiments of the crypto market are falling in "greed" segment. So if this plays as per plan it will be a quick touch down to 1st target & might follow to the next one. But will be followed by a bounce.
Short
by Akshay_bansal
Ethereum/USD Uptrend movement potential with RISK:REWARD 2.46Ethereum/USD Uptrend movement potential with RISK:REWARD 2.46 Symbol Ethereum/US dollar Time frame :4 hours Analysis :There is a break out from the symmetrical Triangle and the price is rallying on the up side .So, We will check the condition for Uptrend movement .Moving average ,MACD and PIVOT point condition is checked for uptrend movement. BUy call above 2025 which stop loss 1856 and we can expect a target of 2433. HOPE our analysis is adding value to your Trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
CRYPTO:ETHUSDLong
by TanujaK
#Ethereum/USD downtrend movement potential with risk:reward 1.9#Ethereum/USD downtrend movement potential with risk:reward 1.9 Symbol :Ethereum / US dollar Time frame :30 minutes Analysis : Breakout from the support line and rallying on a down side. Moving average 20 is below Moving average 40 and Macd is below zero.So, we can expect a down trend movement with risk:reward =1.9 Its a SELL call . SELL at 1825 with Stop-loss 1880 and the Target 1718 . HOPE our analysis is adding value to your trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
CRYPTO:ETHUSD
by TanujaK
4
Breakout or Breakdown in Ethereum on 30m and 4H TF Hello Traders, I am tracking the ethereum on 30m and 4h time frame. On 30m chart - Bollinger Band Squeezed - ema(20,50,100,200) lies in between the Bollinger Bands - RSI Neutral - MACD Neutral From these levels we can get a good trade on either side. Wait for the breakout or breakdown and enter the trade in that direction, a good small trade can be executed. On 4H chart - Bollinger band expands - Price is at the middle line - sma(20) coincides with the support/resistance level - Intraday move decides the direction for swing trade. Happy trading and keep learning. Thanks Er. Simranjit S Virdi
by ssvirdi