ETHPROS_TPG8CJ.USD trade ideas
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
Massive gains ahead!!Similar to Bitcoin the weekly logarythmic chart of Ethereum speaks a clear language. We're on the way to the upper channel resistance. Depending on when we'll reach the target area prices around 25k are possible.
ETHUSD : PRICE MIGHT FALL TILL 1800-1650 LEVEL ETHUSD
DESCENDING TRIANGLE PATTERN
TECHNICAL KEY
1) Descending Triangle Pattern : Bearish
2) Volume Trend is Weak when compare to past bull move
3) RSI Bearish Divergence
Time Frame 1hr
DOWN SIDE TARGET - 1800-1660
VIEW NEGOTITAE If Breaks 2040 LEVEL
Massive gains ahead!!Similar to Bitcoin the monthly logarythmic chart of Ethereum speaks a clear language. We're on the way to the upper channel resistance. Depending on when we'll reach the target area prices from 23k to 30k are possible.
Ethereum - Great opportunityOm Namah Shivay
Ethereum has great opportunity to go 1860 level. Lookout for the invalidation points on chart.
Om Namah Shivay
ETH/USD Seems like consolidating before next moveETH/USD has strong confluence of support at 1396.00 and 1513.00 levels. From there we may witness fresh buyers entering and pushing the price high. Whereas on the upside 1746.00 levels will act as a hurdle for the buyers in coming days.
Etherium Weekly EW analysisOm Namah Shivay
The weekly Etherium analysis looks further movements possible.
Om Namah Shivay
Etherium 4h chart EW analysisOm Namah Shivay
The Etherium seems bullish and can move further up as per the analysis.
This is just for educational purpose. No trading advice recommennded.
Om Namah Shivay
ETH USD Harmonic Shark Price reversalEtheruum is on the move of price reversal.
It has already made a high of $1439 and the projected between 1.13 to 1.618 Fibonacci level of XA. Now this pattern is creating a typical Harmonic Shark Pattern. Which is a bullish reversal in deep.
We can expect a PRZ between $640 to $ 607. SO there might be the downfall of around $1200 estimated but this is the most compact zone of reversal which can be estimated from the calculation of different reference points but the downfall may touch 443 level also as per the reference points, chances are less.
Though this is a bullish reversal so the targets are given with the dotted levels.
This calculation is totally my viewpoint. Please trade according to your thought process.
