ETH - Pain aheadIf ETH breaks below 1230 that will be bad news for crypto fans..
It could call to triple digits (880) at which point it forms an inverted cup and handle which is not good.. (Stoploss 1280)
Trade ideas
ETH may enter uptrend ETH is at an inflexion point. If it crosses 2048, we are going to get a good uptrend. Currently we are in a neutral phase. 1120-1317 zone will act as a strong support, so its safe to remain invested for non risk takers till the price is above this zone. On the positive news front, we can see that Vitalik Buterin releases an updated Ethereum roadmap with a new phase "The Scourge" and focuses on censorship-resistant and quantum proofs.
ETH is good to short below $1490 & It may rise till $4000ETH pattern is good to short below $1490 and it can again see around $1100 if it is breaking the level. If it is crossing $1670 now then another opportunity to buy.
ETH/USDT READY FOR YEAR END RALLY* monthly rsi at 42 which holds the bull range for rsi
* harmonic XABCD 1.13 Pattern
* nov2021 down trend line break
* above 100 DMA
* RSI constantly trying to break the 70 level for bull momentum
* supply to demand flip zone at 1000$
DOUBLE TOP TUTORIALEducation
Double Top chart pattern
A double top chart is a classic bullish reversal, which signals end for bullish rally.
This chart pattern help traders to exist their trades if they go long on certain instrument and get prepared for selling opportunities after the break of neckline.
This chart pattern should only be considered when there's existed bullish rally on a timeframe.
And sell trades should strictly be taken only after the break of neckline.
Traders can target next demand zones and stop loss above neckline or previous resistance.
RISING WEDGE PATTERN Education
Rising wedge
The rising wedge is a technical chart pattern which traders use to identify possible trend reversal, which appears to be an upward-sloping price chart featuring two converging trendlines.
When traders find such patterns they get prepared for selling opportunities in market, and it provides lower risk setups with high rewards possibility.
Ethusd long possible tradingview ideasEtherium buy now @ 1296
Stop loss 1170
Target1 1306
Target2 1366
Target3 1980
Trading idea based on pure price action price will take time to reach the target so must use small lot 0.01
Ethereum is expected to become bullish in about 2-3 weeks.Ethereum / ETH is expected to reverse from the slanting trend line. The horizontal trend line is also playing a role. Expect reversal from the shaded zone.
Ethereum epic level parallel channelEthereum is an epic parallel channel. Each channel is a support as well as a resistance. The channels in this picture can be used in Ethereum to reach more than 40000 dollars. Whether it is thousands or tens of thousands, the channel lines in different colors in this picture can be used as a reference for trading points
ETHUSD BEARISH FORECASTNEW ETH BEARISH IDEA
ETH has been down for over the past 1year since 11Nov 2021 with highest price of 4868.
The ETH price has been trading down and below falling resistance line up to date, and it is now trading within the range boundaries of 2027 and 1004.
Due to the hawkish expectations from FED and Dollar's strength, we expect price to drop more for about 30-35% of current price, that's 1000, which was last lowest traded price since June 2022.
We expect the ETH to break below support area of 1350 in couple days, after retest we'll hop in market again, Head and shoulder was formed and we expect the closure of candle below neckline also.
ETH SELL IDEAGuys,
As per as I'm concerned, I don't see anything that can stop King Dollar soon.
Look at the clear bearish continuation with the ETH.
I have been Trading bearing with ETH since 12th of August.
And finally our ascending support line has been broken, this support line has been respected since 13th of July and was tested 29th of August and 7th September and finally broken on 25th September, I'm now out of market, waiting for retest and looking for shorting ETH more down to 1370 and 1043.
Remember, invalidation of key resistance levels will make us develop Idea for buying opportunities.
ethusd 30mntsupply and demand zone based trade 30 mnt... simple ....ntng else 1st half book at 1:2 or more, thn trail sl ctc or ride
ETHUSD BEARISH IDEAMy ETHUSD Idea, I'm not saying this must fall, but bear in mind that I'm bearish with ETHUSD.
And it may not follow the exact path however it is more expected to break the ascending trend line /trend channel. The 4H trend channel is not a fully Bullish run but a correction, if you can remember the DXY has followed the way down due to the NFP report, and it was bounced back which shows the strength of DXY.
In other ways, if we look at the D1 timeframe, you can see that head and shoulders likely formed already, and if we ignore this then, below the bearish flag pattern was formed and got broken, this highly shows weakness to buyers in a long run.
And you can see the second bearish flag pattern was formed again which some Jaga Jaga happened with buyers and sellers and so far we can see inside that may probably take buyers all down to the support level of 1425 but it was a wick and price rejected so it was wick down there but the significant support level to look at is 1371.
Now we are looking forward to seeing the bearish flag break and then the bearish run will resume and we expect more down for ETH.
ETHUSD BEARISH IDEAMy ETHUSD Idea, I'm not saying this must fall, but bear in mind that I'm bearish with ETHUSD.
And it may not follow the exact path however it is more expected to break the ascending trend line /trend channel. The 4H trend channel is not a fully Bullish run but a correction, if you can remember the DXY has followed the way down due to the NFP report, and it was bounced back which shows the strength of DXY.
In other ways, if we look at the D1 timeframe, you can see that head and shoulders likely formed already, and if we ignore this then, below the bearish flag pattern was formed and got broken, this highly shows weakness to buyers in a long run.
And you can see the second bearish flag pattern was formed again which some Jaga Jaga happened with buyers and sellers and so far we can see inside that may probably take buyers all down to the support level of 1425 but it was a wick and price rejected so it was wick down there but the significant support level to look at is 1371.
Now we are looking forward to seeing the bearish flag break and then the bearish run will resume and we expect more down for ETH.
Bearish Idea on ETCUSDMy ETHUSD Idea, I'm not saying this must fall, but bear in mind that I'm bearish with ETHUSD.
And it may not follow the exact path however it is more expected to break the ascending trend line/trend channel. The 4H trend channel is not a fully Bullish run but a correction, if you can remember the DXY has followed the way down due to the NFP report, and it was bounced back which shows the strength of DXY.
In other ways, if we look at the D1 timeframe, you can see that head and shoulders likely formed already, and if we ignore this then, below the bearish flag pattern was formed and got broken, this highly shows weakness to buyers in a long run.
And you can see the second bearish flag pattern was formed again which some Jaga Jaga happened with buyers and sellers and so far we can see inside that may probably take buyers all down to the support level of 1425 but it was a wick and price rejected so it was wick down there but the significant support level to look at is 1371.
Now we are looking forward to seeing the bearish flag break and then the bearish run will resume and we expect more down for ETH.
ETH/USD - Weekly Overview Ethereum facing strong resistance at 0.236 FIB Level. Will the positive hype around the merge help it to break above?
Ethereum forming Head & shoulder pattern.Ethereum is forming a head and shoulder pattern on a daily time frame after retracing the fibonnaci level of 38.2% and 20 DMA.
The coin has given a nice movement and is retracing before another up move.
The coin is trading below the moving averages.
Two confirmation patterns are being formed in the coin on the daily time frame
1. Head and shoulder pattern
2. Bearish III continous pattern
A down side moment can give nice targets as there a 3 confirmation.
1. Trading below 20 ema(daily time frame).
2. Break of Head and shoulder neck line.
3. Volumes are high.
Support :- 1390, 1245.
Resistance :- 1715, 2000
US markets fell about 1000 points (3%).
The crypto markets can also fell the pain.
Wait for the coin to break the support and form some price action near it.
