ETHEREUM trade ideas
#ETHUSD .... Broader market trend analysis .. #buythedipAre you buying ETH dip today??
Do you even think it is a dip or according to you ETH is going to zero soon?
Whatever your perspective is let me know in the comments #buythedip #ethusd
Thinking ETH is going LONGHey traders, I'm bullish on Ethereum. My prediction is heading to 3k. According to this chart pattern, once we finalize the correction back to 3k, we will probably then see the drop back below 1k. Thinking the 700 area looks supportive. What are your thoughts?
Not trading advice. Please dyor.
ETHUSD Coinbase - Looking for EntryEtherum has had a great long term run since April of last year. The overall trend of the coin is still ok. I look to make sure the price is still above the 200 day EMA which it is right at that point. I am looking for entry here, though the Supertrend still has not given a good indicator to re-enter. As long as the price stays above the EMA once Supertrend goes green I will probably make the entry. But like most coins right now there is a chance the trend will continue and entry will have to wait.
Their is no set pattern over the last year showing how ETH acts. The last time it dipped to a downtrend it was for a few months but before then it lasted almost a half a year before it recovered in April 2020. We are at another consolidation period as the trading has gone horizontal with low volume and in a slump like COINBASE:BTCUSD . Both coins are in a strange holding pattern waiting for the next breakout.
If COINBASE:BTCUSD breaks out like I hope as I believe it will after a two month slump, I think COINBASE:ETHUSD will see some momentum and start to trend up, though we will know more within the next few days. I am holding off entering until we know where the trend is taking us.
#ETHUSDGoing short on ethusd as there is the formation of bearish flag pattern and even there is strong resistance at 2150 level. From a longer perspective, I see a great fall from the retail side, but if we see from an institution view there would be a reversal for a short time period to show a reversal but again there would be a trend continuation.
FIB Levels Included. Do not miss!!!Good Accumulation can be expected at around 1550 levels..
SL and targets included..
All the best!!!
Possible Opportunity - Cup and Handle on 30mGood morning Traders! Hope all are having a great weekend so far. Looks like ETH could be in the process of forming a CUP AND HANDLE pattern on the 30min timeframe. If this pattern holds true to the C&H, we can see ETH push to the first TP, small corrections and then a push to ~2250. This would complete the RIGHT SHOULDER for the possible HEAD AND SHOULDERS taking shape on the higher timeframes. RSI is showing room overhead. Would love to hear your thoughts!
TP1 - 2190
TP2 - 2250
Information provided here is not intended as financial advise. Please, dyor.
ETHERAM IS READY TO TOUCH 2500$Great buy opportunity in Ethereum,in 30Minuts time Frame Ethereum is below 50/200/800 EMA as you can see ,but Ethereum has already completed Level -3 drops as show by green line and made Low near 2016$..Guy you can see in graph big W formation in progress shown by black line. From Here you can expect Ethereum 2500$. So you can long it ,any breaks down of 2000$ price ,Ethereum price pull down below 1800$
ETHEREUM BREAKOUT BUYTRADING SUGGESTION:
Now we looking to the market got breakout to resistance zone ,so take a buy trade GOOD LUCK
Take profit on-1598,1648
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TAKE A TRADE, SIT BACK AND RELAX
LIKE AND SHARE
ETHEREUM GO UP BUY Now we looking to the market got breakout on trend line,so take a buy trade,GOOD LUCK
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TAKE A TRADE, SIT BACK AND RELAX
LIKE AND SHARE
ETHUSD GO UP BUYNow we looking to the market got pullback to push the market to up ,so take a buy trade,GOOD LUCK
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.’TAKE A TRADE, SIT BACK AND RELAX
LIKE AND SHARE
200 (DAILY) SIMPLE MOVING AVERAGEThe 200-day simple moving average (SMA) is considered a key indicator by traders and market analysts for determining overall long-term market trends. The indicator appears as a line on a chart and meanders higher and lower along with the longer-term price moves in the stock, commodity, or whatever instrument that is being charted. The 200-day SMA seems, at times, to serve as an uncanny support level when price is above the moving average or a resistance level when price is below it.
As a very long-term moving average, the 200-day SMA is often used in conjunction with other, shorter-term moving averages to show not only the market trend but also to assess the strength of the trend as indicated by the separation between moving average lines. For example, comparing the 50-day SMA and 200-day is relatively common.
When moving average lines converge, this sometimes indicates a lack of definitive market momentum, whereas the increasing separation between shorter-term moving averages and longer-term moving averages typically indicates increasing trend strength and market momentum
It is possible that there is also something of a self-fulfilling prophecy aspect to the 200-day SMA; markets react strongly in relation to it partially just because so many traders and analysts attach so much importance to the indicator.
It is acting as Dynamic Support currently.
Ethereum - Demand ZoneAfter plenty of destruction in crypto ETH now reaches a critical support zone.
Watch to see what it does around 1985/1950.
IF it breaks below 1900 there is going to be a whole world of pain in the crypto space.
If it bounces for now could get a short term bounce.
It has broken the long term channel already, needs to reclaim the same and only then can there be any bullishness in the space.
ETHUSD SELLETHEREUM/USD continues its bearish trend creating lower lows and lower highs and it may not start an uptrend as long as a news comes out such as Tesla accepting bitcoins or other cryptos. BTCUSD and ETHUSD continue to move in the same way therefore if the price of BTCUSD increases, the price of ETHUSD will increase too.
The candle seems to close below the support level with huge momentum/volume which may mean that sellers may take impulse entries till 2000ish as it is a psychological level before a retest to its support forming lower high before continuing down till the next 4 hour key level i.e. 1930.
