Search in ideas for "eth"
ETH 2 days before Bitcoin halvingSimilar to bitcoin, ETH has just finished correcting the 3rd beat in its double correction ABC wave: zigzag - flat - zigzag. This 5th wave C also has a dead end (very weak wave) and cannot withstand the strong uptrend of ETH. Keep your wits about you if you are an ETH holder trader
Eth on daily time frame with supp resis & fib retraceOn the daily timeframe, I analyzed ETH's price action using support, resistance, and Fibonacci retracements. Currently, ETH is finding support near the 50-day moving average and near the support level of $1554. If it breaks below this level, the next support level is at the Fibonacci value of 0.382, around $1490. The next Fibonacci value of 0.5 is at $1402. On the upside, there is resistance near $1718 and $1909. By looking at the chart, you can see the 20-day moving average (green), the 50-day moving average (yellow), and the 200-day moving average (red).
Note: Technical analysis can be a helpful tool for traders, but it's important to remember that the market can be unpredictable, and past performance does not guarantee future results. Always use proper risk management and keep up-to-date with market news and events that may impact your trades.
ETH SELL IDEAGuys,
As per as I'm concerned, I don't see anything that can stop King Dollar soon.
Look at the clear bearish continuation with the ETH.
I have been Trading bearing with ETH since 12th of August.
And finally our ascending support line has been broken, this support line has been respected since 13th of July and was tested 29th of August and 7th September and finally broken on 25th September, I'm now out of market, waiting for retest and looking for shorting ETH more down to 1370 and 1043.
Remember, invalidation of key resistance levels will make us develop Idea for buying opportunities.
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 $2.6K respectively.
The best strategy hereon would be to wait for a reversal and plan trades accordingly.
ETH May reach 4600$ again As you can see a falling wedge pattern which confirms that the ETH is gonna rise
I have given the possible target and The support and resistance range, SO that we can buy the ETH in DIP. After a little more fall.
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
ETH ANALYSISIf btc shows negative bias , ETH/USDT will perform accordingly.
According to some technical reasons which we observed there chances that ETH/USDT may settle around 2000>1940>1900 range.
1. Due to negetive RSI and price action divergence in weekly chart.
2. As it's been 4 weeks since ether has been bullish so a retracement upto 0.38-0.50 Fibonacci may take place which is between $2000-1950.
3. In daily timeframe there are high chances of making double bottom around given targets zone.
So don't panic and buy at those precious dips.
Ethereum on one day chart.ETH/USDT has been trading above 200 ma and formed a bullish pennant pattern.
Bullish pennant price pattern is uptrend continuation pattern & Ethereum broken the resistance level with good increase in volume. Those who are already in position or planning to enter can enter which half quantity and later see if ETH is retested this pattern. If it does, we can add some more quantity. Trade safe.