ETHBEARUSD trade ideas
ETHUSD $200.00 pivotEthereum is attempting to recover recent bullish momentum after the entire cryptocurrency market came under heavy pressure over the weekend. ETHUSD bulls need to keep price above the $200.00 level to encourage a fresh round of buying interest towards the current monthly trading high. Overall, the $230.00 to $235.00 technical area remains the likely upside target this week.
If the ETHUSD pair trades above the $200.00 level, key resistance is found at the $225.00 and $235.00 levels.
If the ETHUSD pair trades below the $200.00 level, key support is found at the $195.00 and $190.00 levels.
ETH USD 1DLooking at the confluence on the daily with this fib circle, I am itching towards this trade!Bids set! Let's go!
ETHUSD $230.00 possibleEthereum remains well-supported on Thursday as the second-largest cryptocurrency by market capitalization holds steady above the $200.00 level. The $230.00 level is the next major upside target for ETHUSD bulls if price continues to hold above major support. A sustained loss of the psychological $200.00 support level may provoke a key test of the $190.00 support level.
If the ETHUSD pair trades above the $200.00 level, key resistance is found at the $225.00 and $230.00 levels.
If the ETHUSD pair trades below the $200.00 level, key support is found at the $190.00 and $185.00 levels.
ETHUSD approaching targetEthereum has found fresh buying interest over the weekend, with the second-largest cryptocurrency advancing towards $200.00 level. If ETHUSD bulls can hold price above the $200.00 level this week, further upside towards the $235.00 level remains possible. Until the upcoming news about two potential Bitcoin Exchange Traded Funds is released, upside gains may slow inside the altcoin space.
If the ETHUSD pair trades above the $190.00 level, key resistance is found at the $205.00 and $235.00 levels.
If the ETHUSD pair trades below the $180.00 level, key support is found at the $170.00 and $165.00 levels.
PG custom Buy/Sell Strength based on WMA & Bar CloseWith this Script, White is the Fastest one, Blue is fast, Orange is Slow, and Green is Super Slow.
For generating Buy/Sell Signal, work your way out with Close crossing Up/Down different MA levels and decide for your own good.
Green and Orange lines are just for providing more strength to the analysis, but one can easily rely on Blue and Orange crossings for potent Buy/Sell indications.
Use the same lines for Stop Loss and you'll be good.
As for Take profit, I'll be posting more scripts in future. So stay tuned!!!
ETHUSD $200.00 expectedEthereum appears to have put in a near-term price floor as the second-largest cryptocurrency trades comfortably around the $180.00 level. A potential inverted head and shoulders pattern is building, with the $200.00 level the short-term upside objective. Overall, the ETHUSD pair could start to rally sharply alongside Bitcoin if the cryptocurrency market returns to bull mode.
If the ETHUSD pair trades above the $190.00 level, key resistance is found at the $200.00 and $220.00 levels.
If the ETHUSD pair trades below the $180.00 level, key support is found at the $170.00 and $160.00 levels.
ETHUSD temporary setbackEthereum has pulled back towards its opening weekly price after bulls failed to build bullish traction above the $180.00 level. Weakness in the altcoin space is also weighing on Ethereum from a technical standpoint, as investors increasingly favor Bitcoin. Overall, the ETHUSD pair has strong support from the $160.00 level and is still likely to move back towards the $200.00 level in the medium-term.
If the ETHUSD pair trades below the $170.00 level, key support is found at the $160.00 and $150.00 levels.
If the ETHUSD pair trades above the $170.00 level, key resistance is found at the $180.00 and $190.00 levels.
ETHUSD Marjin trading ChartThis The Chart of ETHUSD ByBit Chart Showing entry and exit points of marjin trading
ETHUSD awaiting reversalEthereum is holding steady in early week trade after the second-largest cryptocurrency closed August heavily in the red. The ETHUSD pair has so far found technical support around the $165.00 level, with the immediate downside risk being a further drop to the $150.00 level. The lower time frames are showing a potential bullish reversal pattern, which could take the ETHUSD pair back towards the $180.00 level.
If the ETHUSD pair trades below the $165.00 level, key support is found at the $160.00 and $150.00 levels.
If the ETHUSD pair trades above the $165.00 level, key resistance is found at the $180.00 and $190.00 levels.
ETHUSD $160.00 increasingly likelyEthereum is still failing to attract buying interest above the $200.00 level, leaving a further drop towards the $160.00 level increasingly likely. A bearish head and shoulders pattern has formed on the lower time frames which shows a potential fall in the ETHUSD pair. Overall, the $200.00 to $180.00 price range is critical for the direction of the second-largest cryptocurrency this week.
If the ETHUSD pair trades above the $200.00 level, key resistance is found at the $210.00 and $230.00 levels.
If the ETHUSD pair trades below the $180.00 level, key support is found at the $170.00 and $160.00 levels.
ETH in big trouble?If ETH breaks support of range low, then it is staring at abyss. First target would be $45 and ultimately $14. But if ETH holds range low then retest of range high will be in play.
ETHUSD not bullish yetEthereum is attempting towards the $200.00 level after the second-largest cryptocurrency found strong technical support from the $180.00 level. Bulls need to rally the ETHUSD pair above the $210.00 level to trigger a much stronger move higher towards the $230.00 region. If sellers can move price back under the current monthly low the ETHUSD pair could fall another $10.00.
If the ETHUSD pair trades above the $200.00 level, key resistance is found at the $210.00 and $230.00 levels.
If the ETHUSD pair trades below the $190.00 level, key support is found at the $180.00 and $170.00 levels
ETHUSD value playEthereum has fallen under the $200.00 level as the entire cryptocurrency market comes under heavy downside selling pressure. The ETHUSD pair may become an attractive buy from current levels, given that the second largest cryptocurrency is technically oversold. Bulls moving in from current levels would need to move price back above the $220.00 level to steady market sentiment.
If the ETHUSD pair trades below the $200.00 level, key support is found at the $170.00 and $160.00 levels.
If the ETHUSD pair trades above the $200.00 level, key resistance is found at the $220.00 and $240.00 levels
ETHUSD $220.00 key pivotEthereum continues to slip lower in early Friday trade after finding strong technical resistance from the $240.00 level earlier this week. Sustained weakness below the $220.00 level will likely prompt an important technical test of the $207.00 support level. If ETHUSD bounces from the $220.00 level, the second-largest crypto could start to rally towards the $280.00 level.
If the ETHUSD pair trades below the $220.00 level, key support is found at the $207.00 and $190.00 levels.
If the ETHUSD pair trades above the $200.00 level, key resistance is found at the $240.00 and $280.00 levels
