Eth Entry Point All Trader can Long From here, Now Eth Going Up Trend .Thank U
ETH got good trendline breakdown and at retest level now chances to go down ETH can see some rejection from 3625 it will be good entry for short position stops above 3700 and the targets we can make of around 3500 , GOOD 1:8 Risk Reward Ratio
ETH USD Need to survive above the trend lines and move higher along with RSI oversold as it happens in near term. Violent trend line breakdown with volume could lead to crash. It do or die for ETH USD. Consolidation must happen on or around the Trend line along with oversold if it happens.
ETH BROKE OLD SUPPORT LINE AND FAILED TO GET IN AGAIN SO ETH IS BEARISH NEXT SUPPORT ZONE IS HERE FOLLOW ME ON TRADING VIEW FOR MORE AND REGULAR UPDATES
My advanced fibo technical analysis says that It has 6100 easy target in sometime. Then It can take bit of a break and then rise other levels. My ultimate target for Etherium is unbelievably 10k in coming time. It's currently undervalues. If BTC touch 100k mark this can easily double triple in no time. Follow the targets given in the chart.
eth broke a visible support short entry can be initiated
Just see the upper move Educational purposes only According to me it will give a great move in few days
- ETH has been very dominant in the crypto market recently because of its ETF Approval - A lot of people are missing out on the S-1 Form Approval and bought the FOMO - Institutions are going to bring back prices to the equilibrium and make sure they are accumulating things for cheap - 3100-3400$ can act as a very strong Demand/Area Of Interest that can easily...
Market may take an another dip before shooting up since its in parallel channel. Also there is an huge chance Israel to retaliate so this week is going to be roller coaster.
Eth is very near the important resistance zone of $3700. After reaching there it might consolidate there for a bit then a run for Target 1: $4090 Target 2: $4742
Ethereum looking very strong above 2450 price. good breakout is about to happen. Target1 2700 Target2 2950 Target3 3180 Target4 3395 Target5 3577
ETH is forming a reversal movement to reach for the take profit area & has a rejection on 1h timeframe. Target are mentioned. This is just a reference for trading education purpose only & always do your own research before jumping into the trade
Closed the remaining two positions and booked a profit of about 7.21% and 6.96% of the invested capital. In a high interest rate environment like this, when a recession is around the corner, I don't feel comfortable in holding onto a risky asset class like crypto in these valuations. Will consider a re-entry if a deeper crash hits the market.
Ethrium long position. As seeing current trend and Support At trend line , the technical analysis Signals Direct towards Long Position.
This is not reommendation it is just practice trade do not buy or sell with my analysis do your own analysis and make decisions
Hi. As May be some pullback or pennant pattern failure and retest the support.
The tp for yesterday's analysis hit, And gone beyond it..
if break and sustain these level then it will be the next target and entry.