Ethereum Long entrythere was a B/O with a volume along with DXY falling which gave me a clear confirmation to long as DXY making a evening star at my resistance zone
Ethereum (Cryptocurrency)
Possible W or Double bottom pattern As can be seen in the chart BYBIT:ETHUSDT.P is possibly forming W or Double bottom pattern. All the targets in the chart. One can enter with small quantity and can increase the size once it breaks the neckline.
Note : For Educational purpose only.
Ethereum Short Position . 1 Day ChartEthereum Short Position Entry Price -1740$
Expected Target- 940$
Expected Loss -2047$
Note- If Ethereum Braked 2047$ Resistance Line ,Then Open Long Position & i will update you too.
Good Lock .
ETH cup and handle pattern - EthereumAfter descending wedge or descending channel the the breakout and restested the channel line and forming cup and handle formation where we can see of cup has complete and assuming to form a small flag pattern as its handle breakout of the neckline that is 1340 we can seek target upto 1420
ETHUSDT FURTURES 4HR ChartIf the trendline breaks then take a short entry according to the market price.
Stop Level - 1400 Usdt
Take Profit target level - 1000 Usdt
Ethereum epic level parallel channelEthereum is an epic parallel channel. Each channel is a support as well as a resistance. The channels in this picture can be used in Ethereum to reach more than 40000 dollars. Whether it is thousands or tens of thousands, the channel lines in different colors in this picture can be used as a reference for trading points
ETHUSD BEARISH FORECASTNEW ETH BEARISH IDEA
ETH has been down for over the past 1year since 11Nov 2021 with highest price of 4868.
The ETH price has been trading down and below falling resistance line up to date, and it is now trading within the range boundaries of 2027 and 1004.
Due to the hawkish expectations from FED and Dollar's strength, we expect price to drop more for about 30-35% of current price, that's 1000, which was last lowest traded price since June 2022.
We expect the ETH to break below support area of 1350 in couple days, after retest we'll hop in market again, Head and shoulder was formed and we expect the closure of candle below neckline also.
$ETH$ETHBTC after reaching to our previous target , #eth looking bearish in long term. possible 85% correction in btc pair is possible. target on chart.
invalidation above daily close of previous high.
Ethereum (ETH/USDT) Short Postition!Ethereum (ETH/USDT) seems to be forming a bearish Head & Shoulders pattern. An ABC correction in play with a lower high. At ~1700 we have our stop-loss above a strong resistance - MP/TPO POC + R1. VPVR POC marks the main pivot level and our target is at ~1450 (immediate support below).
MP -> Market Profile
TPO -> Time Price Opportunities
POC -> Point of Control
VPVR -> Volume Profile Visible Range
Market Profile is best understood as a way to see order in the markets. While not a typical indicator. MP takes the data from each day’s trading session and organizes it to help us understand who is in control of the market and what is perceived as fair value.
Point Of Control shows the bar where the most volume has been traded.
ETHEREUM weak price action 1300 coming on breakIng 1500 BEWARE!Although ETHEREUM has taken a support at 1500 level but the price action suggests there is more weakness to follow if it retests support again & breaks with decent volume 1300 is on the cards, BUT first wait for it to break 1500 decisively.
ethereumare we ready for this
merge is near
and ethereum showing a strong move against BTC
it has formed a ascending triangle in 4hr time if it breaks out we can see a good rally in it
price expectations are 18k in sort time and longer duration if merge goes well eth can be seen at 20-21k
ETHUSDDisclaimer: All Videos/Information on this channel are for Education purpose only .They are not buy/Sell Recommendations . Please consult your financial Advisor before taking any trade or investment decisions.
I would like to see sell from Premium Zone
ETHEREUM massive breakdown ahead? Weekly cup & handle? 450TARGETIt maybe too early to say but does that look like inverted cup & handle on weekly? It would be interesting to see if it breaks that with huge volume, incase it does I would not even touch ETHEREUM for a long period of time. I hope that isn't the case though..
ETHERIUM more weakness ahead, rising wedge breakdown 1420 targetLooks like ethereum has more weakness ahead, 1420 is likely to be reached in quick succession and on break of that, next will be 1300. For now it looks inevitable. So liquidate your longs if you have any. IMO!!
Ethereum Short-Term Important Levels 9/2/2022These are the most important Ethereum levels at the moment!
Pivot: ~1565 | Support: ~1533 | Resistence: ~1652
Ethereum Short-Term Important Levels!Pivot: ~1566 | 1st Support: ~1512 | 2nd Support: ~1470 | Resistence: ~1607
ETH/USD - Weekly Overview Ethereum facing strong resistance at 0.236 FIB Level. Will the positive hype around the merge help it to break above?
Ethereum (ETH/USDT) 4h Timeframe Important Levels!Pivot: ~1524
- 1st Resistence: ~1624
- 2nd Resistence: ~1822
- 3rd Resistence: ~1923
*Probable Pullback: ~1496
Ethereum forming Head & shoulder pattern.Ethereum is forming a head and shoulder pattern on a daily time frame after retracing the fibonnaci level of 38.2% and 20 DMA.
The coin has given a nice movement and is retracing before another up move.
The coin is trading below the moving averages.
Two confirmation patterns are being formed in the coin on the daily time frame
1. Head and shoulder pattern
2. Bearish III continous pattern
A down side moment can give nice targets as there a 3 confirmation.
1. Trading below 20 ema(daily time frame).
2. Break of Head and shoulder neck line.
3. Volumes are high.
Support :- 1390, 1245.
Resistance :- 1715, 2000
US markets fell about 1000 points (3%).
The crypto markets can also fell the pain.
Wait for the coin to break the support and form some price action near it.
