Ethshort
Eterium SHOWING A GOOD SELLING MOMENTUMEterium showing a good falling
Here in ETHUSD you can see a clear-cut neckline formed and the line now ready to break
After the breakout it's give a good move
Also in bitcoin showing a good falling
As you Guys know the move cooperatively
So you can trade with
Adding your analysis
Ethereum Long Term Analysis!Ethereum Long Term Analysis!
Ethereum Monthly Analysis!
Bearish Pennant PAttern formation in Ethereum on Monthy Timeframe!
If price breaks and closes below trendline support we can see further downmove in Ethereum
Ethereum is forming Bearish Pennant pattern. We can see a sharp downmove in Ethereum from 1 dec 2021 after that price is moving in that way like it is forming a Triangle. So the pattern is established. Many of us won't believe for a Ethereum to move this much downward upto 456.75USD. But it's all about Technical Analysis and Pattern identification. I have identified this pattern on Monthly Timeframe. This is how we identify pattern on various timeframe. Greater the timeframe more reliable it would be, So i have done my analysis on Monthly timeframe to predict long term move of an Ethereum. Crypto is very uncertain instrument so we can't imagine how it will move, right? But this is how we perform technical analysis! That's all i have to say!
The downward possible target for an Ethereum is 456.75 USD!
A Bearish Outlook on ETHUSDT Amidst Technical WeaknessA bearish view on ETH/USDT (Ethereum to Tether) means that the market participants or analysts anticipate a decline in the value of Ethereum relative to Tether. Here are some factors that might contribute to a bearish outlook:
Technical Analysis:
Chart Patterns: Traders often use technical analysis to identify patterns, trendlines, and other indicators that suggest a potential downward movement.
Moving Averages: A bearish crossover of short-term moving averages below long-term moving averages could signal a negative trend.
Market Sentiment:
Negative News: Adverse news about Ethereum, such as regulatory developments, security concerns, or technological issues, can lead to a bearish sentiment.
Investor Sentiment: Monitoring sentiment indicators, such as social media discussions or surveys, can provide insights into market sentiment.
Fundamental Analysis:
Market Fundamentals: Negative developments in the Ethereum ecosystem, such as issues with smart contracts, scalability challenges, or changes in the development team, could impact the market negatively.
Economic Factors: Economic indicators, such as inflation or interest rate changes, can influence the value of cryptocurrencies.
Market Dynamics:
Trading Volume: A decrease in trading volume, especially during a price decline, may indicate weakening demand and potential for further downward movement.
Liquidity: Low liquidity in the market can amplify price movements, making it easier for the market to experience rapid declines.
Global Economic Factors:
Macro-Economic Trends: Economic events on a global scale, such as geopolitical tensions or financial crises, can impact the entire cryptocurrency market.
Remember that cryptocurrency markets are highly volatile, and predictions can be challenging. It's crucial to conduct thorough research and consider multiple factors before forming any trading decisions. Additionally, consulting with financial professionals and keeping up with the latest news can help you make more informed decisions based on the most recent information.
ETH/USDT: Analyzing Price Trends and Key Levels
Introduction:
In this technical analysis, we will delve into the ETH/USDT trading pair and explore crucial levels and patterns that can assist traders in making informed decisions. We will focus on the selling area at 1920 and 1940, anticipate a potential correction towards 1800, and analyze the significance of an inside bar formation within the selling area.
1. Selling Area at 1920 and 1940:
ETH/USDT has encountered strong resistance at the price levels of 1920 and 1940. These levels have proven to be significant barriers in the recent price action, suggesting a higher probability of a downward price movement.
We observe the formation of an inside bar within the selling area of 1920 and 1940. This formation reinforces the notion of a potential price reversal, as it indicates a period of consolidation and indecision among market participants
2. Expected Price Correction towards 1800:
Considering the strong resistance mentioned above, we anticipate a price correction in the ETH/USDT pair.
In this case, we expect the price to retreat towards the support level around 1800. This level has historically demonstrated a strong buying interest, making it a potential target for long positions or profit-taking for short trades.
Conclusion:
By analyzing the ETH/USDT trading pair, we have identified a significant selling area at 1920 and 1940, suggesting potential short opportunities. Furthermore, we anticipate a price correction towards the support level of 1800.
ETHUSDT Bearish View and downtrendA bearish view on ETHUSDT (Ethereum/Tether) suggests that the price of Ethereum is expected to decline against Tether or the US dollar. Here are some possible reasons for a bearish outlook:
Market Sentiment: If there is a general pessimism or negative sentiment in the cryptocurrency market, it could impact the price of ETHUSDT. Factors such as regulatory concerns, market corrections, or overall market downtrends can contribute to bearish sentiment.
Technical Analysis: By analyzing historical price data, patterns, and indicators, technical analysts may identify signals that indicate a potential downtrend. Bearish chart patterns, such as head and shoulders, double tops, or descending triangles, could suggest a forthcoming price decline.
Fundamentals: Negative developments in the fundamental aspects of Ethereum could influence a bearish view. This might include issues like scalability challenges, security vulnerabilities, or concerns regarding the adoption and usage of the Ethereum network.
Competition: Ethereum faces competition from other blockchain platforms, such as Binance Smart Chain, Solana, or Polkadot. If these platforms gain traction and attract users and developers away from Ethereum, it could impact the price negatively.
Regulatory Environment: Regulatory actions or uncertainties surrounding cryptocurrencies can significantly impact their prices. If there are restrictive regulations or crackdowns on cryptocurrencies in general or on Ethereum specifically, it could create a bearish sentiment.
Market Manipulation: Cryptocurrency markets are susceptible to manipulation due to their relatively low liquidity compared to traditional financial markets. Price manipulation schemes, such as pump-and-dump schemes or coordinated selling, could artificially drive down the price of ETHUSDT.
Remember that cryptocurrency markets are highly volatile and subject to various factors that can rapidly change the market sentiment. It's crucial to conduct thorough research and analysis before making any investment decisions.
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 $1.390 and below it loses the bullish structure.
Maximum attention is for the S&P500 that will dictate the next chapters.
Worst Case Scenario ETH May Test 1400$.Hello Guys as we can see eth is struggling between 1750-1850$, also btc is unable to break above in single move.
chart is indicating eth may test 1400$ area, bt lets pray eth will break above 1850$.
Crypto community dont want to see another downfall in upcoming days.
hope so somehow btc will break towards 30k.
#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
A 'SouthAll' approach towards ETHUSDT.Hello Traders!
1. This analysis is mixed with various concepts; Elliot Waves, Volume, and Parabolic Movements. Hence the name 'Southall'.
2. The count is clearly stated on the chart. We're following almost the same pattern as we expect in BTC .
3. We see significant volume spikes in the selling zones and less volume in the buying zones. This also indicates the built-up selling pressure .
4. We also see ETH respecting two upward-sloping curves . The indication seems very clear.
5. I see the crypto markets as intrinsically bearish, at least till a new low is made.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
JUST WAITING FOR IT TO BREAK ( ETH is all ready to bleed)from a long time I was waiting for a good entry in Ethereum
now I think we are close to good some really good short positions
the moment it breaks the trend line we will get more assurance regarding the same
I think it has a long way to go down so can get some really good profits
WAITING FOR IT TO CREATE A NEW LOW
THANK YOU
BINANCE:ETHUSDT
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE!
$ETH is currently trading at $1560
I am expecting some bounce from here.
But Bullish is only above the $1460 Level.
As per TrendLine, This is the Retest level after Breakout.
So $1400 Support level is very important for the Bullish scenario.
First Horizontal Resistance is $1700 so This will be the first Target of Long Setup if Hold $1450
At the $1400 level also 21 Days of EMA resistance so This Point will be very important.
If we break the $1400 Level then we can see another 50% From the $1340 Level.
And Target will be $1750
I am Bearish below $1300 only.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
ETH/USDT ON 2 hours chartETH/USDT has broken its major support trendline but couldn’t sustain to stay above 200 MA for a long time. While posting this ETH is trading in a range market, making a bit dicy for confirmations. Looking at the chart patterns we could plot HEAD & SHOULDER pattern. Once the neckline is broken we can look for short position and target can be the length of the start of left shoulder. Trade safe