Search in ideas for "Ethereum"
ETHEREUM HEAD AND SHOULDER PATTERNWe could see a Head & Shoulder pattern on daily/weekly/monthly timeframe, i do think so that crypto is getting into much more correction from the current levels also.
Note : This is only an analysis, dont follw it blindly, use your own experience and knowledge also.
THANKS AND REGARDS
DAKSH SHARMA
ETH-USDEthereum has lost 40% of its value in a matter of past 3 months.
Just like Bitcoin, ETH too has given a Breakout from the Trendline and is currently retracing back.
Piling up of volumes too depict that the journey to the valley may have ended and ETH may soon continue its upward trajectory.
The support to the lower side is present at $2.8K and $2.6K respectively.
The best strategy hereon would be to wait for a reversal and plan trades accordingly.
ETHUSDT Swing TradeEthereum Making good Higher high structure, Good to go for LONG position at CMP or at Breakout, Also taking good support from 20 & 50EMA's
Timeframe : 4hour
sl :- Low of candle that is 4615 or we can keep big sl for safe side that is 4415
Target can be 10% upside that is 5080
Lets See how it goes
Trade on your own risk, Consult with your financial advisor.
Happy Trading!
ETHEREUM / USDT MARKET STRUCTURE PRICE ACTION ANALYSIS This a market structure based price action analysis. As we know currently bull run is going on in CRYPTO UNIVERSE everyone is mostly bullish. But we as trades or investors who are out here should not buy random coins at random price by looking at someone or watching out any meme. So to be a part of this bull run in CRYPTO UNIVERSE it's better be stick to the best coins and find the best entry's possible to gain the maximum profit out of it. So here I am sharing my analysis on ETH/USDT which is purely based on market structure and price action analysis and also includes some smart money concepts.
As this is a trend based trade the maximum return can be gained on trading at long side.
But as we all know no one knows what's markets gonna do. The only thing we can do is managing our risk and position size.
The best entry will be around value entry zone. Everything else is explained in charts.
Hope you enjoy the analysis 👍
- Pranesh Sahoo
ETH Short Term AnalysisEthereum Has broken out of short term consolidation and it seems to bullish for the shorter time frame.
So it may Rally Further or Retest the trendline to rally.
If it breaks the current support trendline, it will find support near the trendline below it. If Traders have higher risk appetite, they can extend stoploss to take supports from trendlines below.