ETHBEARUSDT trade ideas
Ethereum 1 Hour Chart UpdateEthereum Market Update
Current Analysis:
Ethereum faced a significant setback, plummeting by 7.5% after breaching the $2335 support level. As we navigate this volatile landscape, it's crucial to monitor key support and resistance zones.
Potential Scenarios:
- Upward Move: If ETHUSDT maintains support at $2200, there's potential for an upward rally towards $2330.
- Downside Risk: Failing to break the $2350 resistance could trigger another downturn, potentially reaching $2050.
Critical Levels:
Support Levels: $2200/$2090
Resistance Levels: $2350/$2390
ETH BULLISH STANDBullish View on ETHUSDT
Trade:
Buy ETH Perpetual future at $2250
Stop Loss: $2180
Target: $2350
Payoff:
Max Profit: $100/ETH
Max Loss : $70/ETH
Rationale:
ETH has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key pivot levels at 2275 during the recent trading session, signifying a promising upward trajectory.
Examining the 4-hour chart, it’s evident that the price is consistently adhering to established support / demand zones. This steadfast adherence underscores the robust buyer sentiment in the market.
We can use 2180 as stop loss of for invalidation of above setup.
ETH BEARISH PEANNENT FAILUREHi.
As May be some pullback or pennant pattern failure and retest the support.
Ethereum Price Prediction Ethereum price trades in a clear consolidative trend on the weekly time frame between $1,933 and $2,141 barriers.
The daily chart for ETH shows a sweep of Monday’s high is likely to be followed by a sweep of Monday’s low at $1,985.
If Bitcoin price undergoes a steep double-digit correction, Ether could also slide to $1,933 and $1,829 support levels.
ETH BULLS TREND IN FEW DAYS.HI FRIENDS.
CURTENTLY ETH FOLLOWING A TREND LINE.
Make sure the level of 2000 is react as a important level with the help of trend line.
And soon it react as support at making a new high.
ETH BEARISH STANDBearish View on ETHUSDT
Trade:
SellETH Perpetual future at $2050
Stop Loss: $2065
Target: $1965
Max Profit: $60/ETH
Max Loss : $40/ETH
Rationale:
The latest price action in ETH indicates a potential pause in the rally, with some retracements observed. Additionally, a newly formed supply zone/resistance has been identified on the charts.
Currently, the price is making an effort to retrace towards the supply zone at 2050.
We can use 2065 as stop loss of for invalidation of above setup.
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.
A Bearish Outlook on ETHUSDT Amidst Technical WeaknessA bearish view on ETH/USDT (Ethereum to Tether) means that the market participants or analysts anticipate a decline in the value of Ethereum relative to Tether. Here are some factors that might contribute to a bearish outlook:
Technical Analysis:
Chart Patterns: Traders often use technical analysis to identify patterns, trendlines, and other indicators that suggest a potential downward movement.
Moving Averages: A bearish crossover of short-term moving averages below long-term moving averages could signal a negative trend.
Market Sentiment:
Negative News: Adverse news about Ethereum, such as regulatory developments, security concerns, or technological issues, can lead to a bearish sentiment.
Investor Sentiment: Monitoring sentiment indicators, such as social media discussions or surveys, can provide insights into market sentiment.
Fundamental Analysis:
Market Fundamentals: Negative developments in the Ethereum ecosystem, such as issues with smart contracts, scalability challenges, or changes in the development team, could impact the market negatively.
Economic Factors: Economic indicators, such as inflation or interest rate changes, can influence the value of cryptocurrencies.
Market Dynamics:
Trading Volume: A decrease in trading volume, especially during a price decline, may indicate weakening demand and potential for further downward movement.
Liquidity: Low liquidity in the market can amplify price movements, making it easier for the market to experience rapid declines.
Global Economic Factors:
Macro-Economic Trends: Economic events on a global scale, such as geopolitical tensions or financial crises, can impact the entire cryptocurrency market.
Remember that cryptocurrency markets are highly volatile, and predictions can be challenging. It's crucial to conduct thorough research and consider multiple factors before forming any trading decisions. Additionally, consulting with financial professionals and keeping up with the latest news can help you make more informed decisions based on the most recent information.
ETH2050-2110 Bull RunBullish View on ETHUSDT
Trade:
Buy ETH Perpetual future at $2050
Stop Loss: $2000
Target: $2110
Payoff:
Max Profit: $60/ETH
Max Loss : $40/ETH
Rationale:
The recent price movement in ETH has convincingly breached the resistance level at 1850, and gave a swing high of 2125. Now the price is attempting to retrace towards its foundational or demand zone regions.
An encouraging sign is that ETHUSDT has maintained its support levels while retracing, further bolstering our confidence in its performance.
Examining the daily chart, it’s evident that the price is consistently adhering to established support / demand zones. This steadfast adherence underscores the robust buyer sentiment in the market.
Exit Time Closed Very soon the bull run of Bitcoin and ETH is going to end, before this you must have created a buy position, then look at this photo and understand that the price of ETH can now go up to 2150 only. After this the side way market will run
Ethereum Bears can takeover DiamondHi friends
On 1900 levels is important resistant as well as 3 trend line cross over.
Now @1hour it forms bearish diamond pattern and it also @1900 and there are 3trend line break @15min frame..
Taking R/R-1/6
After 1 support or market can spend some time @1761-1744 and retest its previous false breakout and continue rally in downside.
eth bearisd channel breakhi friends
We cleary look that currently eth is 1800 which is behave a major resistance.
On daily a big Red candle which sign of bearishness.
Price actian says no line stops me so a good channel braking and retest a trend line.
here is my views on Eth.
Bitcoin analyis - shot BINANCE:BTCUSDT - Strong Rejection in bottom liquidity accumulation at both side , There is move either side now at import Demand and supply zone.
BItcoin liquidity sweep ( Down trend)Bitcoin as took weekly order block as supply in 4hr TF, Confirmed downtrend lower - High.
Liquidity Swept in 1hr TF, Demand as tested more than 4 times , which tends to Weak Demand.
BINANCE:BTCUSDT - Ready Shot .
ETH BULLISH DIVERGENCE ETH will rise till 1605 , supporting bullish divergence, trend line break and ethbtc is bullish, 1065 we may have chances to huge fall.
EHTUSD what to do or expect ??currently as of 19 aug 23
price is trying to hold the higher time frame flip zone where previous htf supply was broken based of the higher low flip zone was drawn
follow the trend with help of lower low and lower high
check whether price starts making higher lows
value investing zone = 1400 and 1100
as im charting on daily time frame the time for swing creations may take weekly or month to form
this is just overall idea
and wholistic picture to avoid fear and fomo
dont do any lumsum investments try to buy or enter trade in fractions
bullish timetoday 16/10 2 days earlier invested 250$ in 30x , myy calculation it will boost max1750
today - 1580
after that we have to wait 1595 if this number cross then target will achieve in a week with some downfall ...
Wait for confirmation, ETH SHORTEth breakdown in smaller time frame anyway wait for the confirmation ❗
Ethereum moving towards $1k#Ethereum Daily Chart Analysis
CRYPTOCAP:ETH #BearishWedge pattern starts from june 2022, after previous BullRun's downfall towards #BearishZone market, and now it will be very nearby to finish its final cycle of last Bearish mode within next 35-50 days.
As per present scenario. CRYPTOCAP:ETH will be goes towards $1k, while its Last Lower-Low target will be around $950-$850 maximum and $750 - $650 will be the minimum cut-off mark last time into this Bear Market.
After this #BullRun completion, it will be major chances, that CRYPTOCAP:BTC & CRYPTOCAP:ETH also start trading under #ETFs fund then Ethereum will be also at new Highest point of #ATH approx. FWB:12K -$15k, it means if CRYPTOCAP:ETH will be reach-out min. $1k then upto FWB:12K -$15k , its easily gives you benefits of 12x-15x.
Anyway, those are just predictions as per Technical & Fundamental Analysis as per market Acceptances of two most popular and top-2 #crypto Currencies in #CoinMarketCap.
but,
always #DYOR before investing into any #Crypto as well Trade wisely by using of #StoppLoss and It's just #NFA.
Also, always LIKE, SHARE, FOLLOW & COmment on it...!!
