ive used schiff picthfork, trend based fib extension, chart pattern , support resistance to get this level and conclusion
NOTE ; This could be long term call, buy eth at cmp my stop loss will be 1100 and target will be 2000 & 3500
ETHUSD Longs view points for December and jan 2024
ETHUSD above the 2120-40 is the golden zone for longs .
2120-2140 important because so many times to break at this points ....if break upside then long side party enjoy 😂😂
Up trending frp0om downside .(1530)
A 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:
Chart Patterns: Traders often use technical analysis to identify patterns, trendlines, and other indicators that...
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
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...