Could complete retest of flag if remains weakTrade Ethereum as it could correct upto 1840.Can also be bought once those levels are achieved for targets of 2400 and above
ETHHEDGEUSD trade ideas
ETH USDETH USD
Daily Chart
Breakout along with FIB Retracement
Earlier occasion breakout with FIB Retracement shown and its impact.
If Breakout now is successful then
expect the Fib-Retracement as shown in the chart
to be tested.
ETHUSDETHUSD
ETH USD
Breakout attempt is being witenssed.
If remains above 2041
then retracement of the last fall.
The depth of the valley will set a rise towards
1.618 level of 2613 in near term to short term
Ethereum/USDEthereum/USD
If sustained breakout above 2042 is witnessed then expect a rally to 2525 in near term to short term.
Support of 1948 must be held if sustained breakout above 2042 is to be witnessed with minor volatility.
ETHUSD breakout imminent. Target $2350ETHUSD is on the brink of a textbook Cup and Handle breakout. Once a breakout is confirmed, the first target would be $2350.
This potential bullish market sentiment for ETH is confirmed by a bullish divergence on the ETHBTC as well.
Trading Signal For EthereumTrading Signal:
A Trading Signal is seen in the Ethereum ETHUSDT
Traders can open their Buy Trades NOW
⬆️Buy now or Buy Limit @ 1825.0
⭕️SL @ 1698.7
🔵TP1 @ 1972.0
🔵TP2 @ 2111.0
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Ethereum looks good if moves above 1690Ethereum moving in a symmetrical triangle pattern and is consolidating near its short term resistance zone. If it starts trading above 1690 it looks good till 1830 level.
long trade on eth after breakout of the current arealong trade on eth after breakout of the current area
you can plan your trade accordingly
Trading Signal For EthereumTrading Signal:
A Trading Signal is seen in Ethereum ETH
Traders can open their Buy Trades NOW
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Ethereum next support is 1210.00 levelsIf 1210.00 holds then ethereum can push to 2038.0 once more. If 1210.00 does not hold on a daily closing basis then 1041.00 will be exposed.
Ethereum (ETH) Below EMA10 Weekly, Lower Prices Coming...Just like Bitcoin, Ethereum (ETHUSD) will also resume growing but only after seeing lower prices.
It is normal to have a correction after such strong bullish action.
Here we can see that ETHUSD is already trading below EMA10 weekly, sending out a strong bearish signal.
(Note: Candle closure later today is needed for confirmation of this signal. ETHUSD most close below $1361 to confirm the bearish potential).
After we test EMA21 at $1050, we can see a bounce before lower prices.
The RSI has been trending lower strong and this week we have a full bearish candle.
We also have a volume breakout favoring the bears.
Visit my profile for the Bitcoin (BTCUSD) daily analysis as well.
Thanks a lot for your continued support.
Namaste.
Short term Bullish moveAcceding triangle broke out micro perspective it actually. broke out as i created it, short term move could see price til 1607 within 12 hours!
BUY & HOLD ETHAfter a long bull run, ETH has come to take some support at 3 yr old resistance which was ATH. hope it's not a falling knife...
Ethereum Price AnalysisETHEREUM VIEW- BULLISH
ENTRY- $1990
TGT- $2120 / $2220
SL- $1870
#rekt #eth #alt #crypto
