ETHUSDT
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.
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.
ETHUSDT Trade IdeaETHUSDT UPDATE :
ETHUSDT currently trading now $1815. BTCUSDT local 1day support at $1722-$1783 . And resistance at $1851-$1916.
Now ETHUSDT phases resistance at $1851-$1916. If its breakout then we can see $1900-$2000 area. Otherwise ETHUSDT will be Dump.
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Eth short Trade daily TF with supp & resisIn 4 hr time frame the candle is closed below the resis lvl. If the candle close in daily TF below the resis lvl thn enter the short trade till the nxt price tag marked on Chart.
but before take the entry see the market sentiments cuz at that time i was not their to guide you, some research do yourself
Entry see shorter time frame to early enter 4hr 2hr 1 hr
SL $1847
TP $1632, 1554, 1490
Trade the trade at your own risk my not responsible at your any loss
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.
THIS IS ETHEREUM TETHERUSETHEREUM is in UP trend moving UP since 01JAN23 on 14JAN23 we can see HUGE BULL CANDLE and I found my BOS so I marked my OB first OB on 4H.
On 15FEB23 saw couple of BIG BULL CANDLE and that's my second OB.
ETHEREUM market showing BIG CANDLES with BIG WICKS!
If market break second OB and went down then what? NO WORRIES!!!
Because we have EXTREME OB already and never underestimate the Extreme OB so our first OB is UNMITIGATE since 13JAN23 once first OB mitigate we can go for LONG and we can use Trailing SL.
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.
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