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DON'T MISS THIS SHORT POSITION IN ETH ASAP! - TAHello Guys,
This is Vansh here. So here is a massive resistance at $2190 which was rejected yesterday. The price of eth is trying to hold the support of $2138, But it can break if the resistance of $2190 is respected again. The price is a bit volatile and pumped now with less volume comparative to last week. So, we can expect a pull down in it.
ETH Trade Position - As I stated, The position can be on the resistance level with strict S.L, You can scalp to avoid risk.
Short - Position - $2190
S.L - $2210
T.P 1 - $2138
T.P 2 - $2047
and Then, you can move your S.L according to your risk management.
Hope, You like it. Thanks
ETH/USDT on 45 min Chart pattern ETH/USDT has been trading below 200 ma and formed a bearish continuation pattern called being rising wedge. Rising wedge can be formed in uptrend & downtrend too.
As ETH is sustaining below 200 ma line , it indicates that bears are in control & we can see some more fall. Levels are drawn for trades. Look for shorting opportunity once support of the rising wedge is broken. Look for long only when channel is broken and ETH sustains above 200ma.
ETH will fall to $2,900 by mid January 2025 and then reverse upETH started an impulse wave in early August and completed wave 5 in mid December (shown in orange numbers)
It has been in an ABC correction since mid December and has completed Wave A and about to complete a relief Wave B before heading down to a Wave C that will take it to 2,877 by mid January. (shown in grey letters)
Once the ABC correction wave ends, it may start a new impulse wave.
Bottomline: expect ETH to move down to $2,877 by mid Jan 2025 before starting a new impulse wave towards 4,000.
ETH Trendline Retest Altseason Poised to Ignite Beyond $4,100ETH has recently retested the trendline break twice, signaling a potential massive move ahead. I believe the real altseason will begin once ETH crosses $4,100. From there, it could soar to $6,000, $8,500, and even $12,000 in the coming days.
Ethereum ETH weekly large head and shoulders pattern channelEthereum ETH weekly large head and shoulders pattern channel, head and shoulders pattern white line: June 2021 is the left shoulder, June 2022 is the head and shoulders, and the right shoulder is expected to appear in 2024. It can be formed by falling back and stepping back to the price near June 2021. Pink channel line: It is the top price resistance line above the long line and also the short-term support line. The green channel line is the bottom price of the decline. There are three color lines. If any color line fails, the other two lines will be valid. It mainly depends on the direction of the white line, and the pink and green channels are auxiliary.
Ethereum ETH triple bottom head and shoulders bottom bull marketEthereum ETH triple bottom head and shoulders bottom bull market surge trend. Ethereum has two forms at the same time. It is a triple bottom and a head and shoulders bottom. It is an epic bull market surge trend. The main target is the green line above. As long as it breaks through 2100, it will reach 4000, soaring to the ultimate target of 6000/8000.