ETH Looks Clean for LONGETHUSD in day time frame with good volatility contraction, looking good for a long setup with tight stop. Risk Reward of at least 1:2 before trailing stops.
Ethereum (Cryptocurrency)
Track the correction on 30min in Ethereum to catch the big move.Candlestick Chart
+ The moving average lines are contracted.
+ Track the price until it crosses either 50ema or 100ema lines.
+ It may test the level of 200ema to end its correction.
+ So, the levels of 1600 to 1626 may be tested to complete the correction.
Renko Chart (Brick Size = 7.5)
+ Fibonacci Retracement
The price can test the level of 1626 which is 38% level of retracement.
Conclusion:
1. The coin is in the correction mode.
2. Wait for the correction to be completed.
Thanks
Er. Simranjit Singh Virdi
Ethereum possible Elliot wave counts Here we have shared possible Elliot wave counts of ETHUSD (for educational purpose only) which are suggesting correction for very short term and this correction can be used as good opportunity to go long for further trend which is expected post this correction, the invalidation level of further up move can be low of previous wave 1 which is pegged at 1071.50, if it breaks below this level then we can assume that our counting is missing something and we may invalidate this structure, Overall we are unfolding some impulse in which we had completed wave (1) and now possibly we are heading to unfold wave (2) and then, post correction we can start wave (3). wave (2) can unfold in three subdivisions like ABC and ABC can unfold in 5-3-5 structure or 3-3-5 structure. Lets see what happens next.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Overall wave structure is shared below
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Ldousdt breakoutLdousdt good coin to invest in spot
As a metaverse coin i am adding this in coin in this weekly breakout from a resisance
And il hold it till next bull run
Ethereum looks really bullish wooowHELLO dear Treaders :
After a very long time, ETH has reached the declining trend line that you can see in the chart and looks strongly bullish.
Since Nov 2021, when the bear market began and the price of bitcoin and others alt-coins started to drop from their all-time high, ETH price has hit this trend line, twice (as you can see in chart).
The first time, the price hit the decreasing trend line was at USD 3570, in Apr 2022 and the second time happened today at USD 1700.
In my opinion, ETH can reach higher prices after this bear market and in my point of view, there is a great opportunity to buy ETH at USD 1700 in spot (You can consider this buy position for your future trading but do not over leverage your positon!)
In daily time frame, ETH can break USD 1700 and start a new bull run.
The first ETH strong resistance line is around 2630/2650 and therefor until we reach that price point, do not over leverage your positions and be careful about future trading.
Bitcoin Bullrun 2023Bitcoin Entered in Bull Market . Congratulations
Bitcoin candle close above $24000 resistance .
Ethereum ETH monthly line five wavesEthereum ETH monthly line five waves, logarithmic coordinates monthly line large-scale five wave model
ETHUSDT triangle pattern and upside is limitedETHUSDT is running under triangle pattern and upside is limited. You can check yourself and take your own decisions.
ETHUSDT looking Bearish in short termHello Friends, ETHUSDT is bearish in short term however the same is bullish on long term weekly/monthly charts. Its currently buying on dips. Next buying should be around 1380 Range. So keep watching.
ETHUSDT is ABCDE (Elliot Wave)ETHUSDT is currently in ABCDE (Elliot Wave) pattern.. Before next rally starts... ETHUSDT will come down to 1560-1550 levels. If these levels are sustained then it will starts its new rally for highs. Keep watching
ETHUSD - Time to go up?If you look at the monthly chart of ETHUSD, you will notice that the price is at discount zone and has hit an important Discount Array (FVG). It has reached the 50% of the FVG and reacted in a positive way.
Now we need to look at lower timeframes (1 Week and 1 Day) to see if price is willing to go higher.
Now this would be the right time to Invest if we see signs of price wanting to go higher.
This is just my personal view on ETHUSD. Please do your own research before taking any decisions.
Ethereum ready to break resistance near $1680.Ethereum has broken and sustained above the resistance of $1620. There was a stiff resistance at $1680, which failed to break on Feb 02, 2023, and Feb 04, 2023. It has crossed that level just now, but the chances of a false breakout are high now. Any move above $1685 today will clearly indicate a new uptrend.
Ethereum bullish trade Ethereum stands at a make or break level of resistance on daily time frame . It will either give a massive breakout and break the resistance or it will make a double top and start to collapse . This crucial level is to be tracked as we can get good targets on either side .
Hope this analysis will help you :)
LITECOIN (LTC) This is based on the Elliott Wave Theory. The current structure can be assumed as a triangle due to internal ABC formations. This suggests that the price would remain bullish from the current levels.
ETHEREUM - Elliott Wave ViewThe idea is based on the Elliott Wave Theory. It suggests that the correction cycle may be over and the next bullish cycle could begin from here.
Bitcoin next move update1 or 2 ?
Lets not guess.
Lets react to the market
If guessing is the game i’l go with 1
#fingerscrossed
$ETH Short Selling (High Risk Short-term Trade)$ETH Short Selling (High Risk Short-term Trade)
EP:1644.17
SL: 1682.17
TP1: 1580.27
TP2: 1527.77
RRR: 1.69
morning star in btcmorning star spotted in bitcoin in monthly time frame chart on a major support its a good bullish reversal sign .. so we have a good chances of bull run here
Bitcoin, is this long awaited bottom?Positive divergence seen on Weekly Bitcoin charts, ETH leading the rally... is this the long awaited bottom???
Eth on daily time frame with supp & resis#ETH is on the brink of breakout! It's time for #crypto traders to pay attention to the up-channel and its breaking upper side trend line. Are you ready to join the #eth rally? Make sure you understand how market trends can help you maximize your gains.
At #Tradingview, we take pride in helping our community members track their investments and build a successful portfolio. Don't miss out on the chance to capitalize on this unique opportunity. Start trading with us today and get ahead of the game!
CryptocurrencyEtherium usdt is trying to give movement. Etherium usdt is trying to give movement. Etherium usdt is trying to give movement
Ethereum Short Position 1 Day ChartEntry 1140$
Expected Target 500$
Dynamic Stop loss 1520$
All The Best
