ETHPROS_TPG8CJ.USD trade ideas
ETH USD shot term similar patter identifiedPlease check the orange line which shows a similar trend in the ETH/USD
Ethereum moving in a ascending triangle patternETHUSD moving in a ascending triangle pattern and has to give a daily close above 1450 for moving further. It seems by this month end this close is possible. Let's see how this pans out.
Fingers crossed!!!
Disclaimer: - These views are for educational purpose only and not a recommendation.
Ethereum: Grind to new highs!Over the past 2 week, ETH/USD has been putting on a consistent show for us. Great price action to trade on between this parallel channel.
This is held strong by the power of ETH/BTC. Now that's a tasty chart!
Time will confirm how ETH/USD progresses, but long term target is still $2000.
eth profit tradeas we see in the 1 hr chart there is a channel which eth is following if it breaks the resistance line then take long otherwise go for short till 50% of the support of full support. it depends
ps: in not financial adviser your trade your risk
Ether Current Price Losing Bullish Regime A Bears Take ControlEther current price is down by 2.14% on Friday's trading session. The price is below both the EMA may recover for a while till the 20 EMA of $1243.13. If it sustains above both the EMA, it can move towards the resistance, and one can further expect a bullish trend in the coin till the resistance level of $1324.16, but if it slips below it may fall towards the support level of 1014.50 in the upcoming trading sessions.
Resistance: $1324.16
Support: $1014.50
Last leg of correction before ATH | Towards $700-800Last leg of correction before ATH | Towards $700-800
Case2: Etheruem pull back wave x and moving upward triple x nonIn this case previous low we assume that wave 2 of the supercycle is already finished
so we are in wave super 3x or wave c - and this motive wave in the timeframe month
might be a triple combination or triple zigzag.
Rule
Because the former wave is elongated zigzag that means wave x must retrace at
At least 61.8% of wave c (847.30)
It can retrace deeper but it must not retrace more than 61.8% of the previous cycle
elongated zigzag (726.07)
Conclusion
It might retrace in the (847.30-727.07) zone to form wave x and keep continue moving upward
Warning
Ethereum is a very fluctuated coin so make research on your own, you may look at my first case which is the downward situation.
I strongly believe that everything is possible to manage your capital carefully.
Vitalik Buterin's fan
Thanat Vichachai
Case1: Ethereum Pull back 61.8% of wave (c) of flat to form W.2In timeframe day the rally up of ethereum might be a false motive to lure investor to buy
As you can see in wave (c) of (B) form elongated zigzag which means when the cycle is finish
it has to pull back at least 61.8% of wave (c) (around 547 of half of the current price)
Warning this is just one case of the Elliott wave analysis possibility - Make a research on your own
and don't forget to look at my second case analysis which is in upward prediction.
Be care full!
Vatalix Buterin's fan
Thanat Vichachai
ETHUSD WAIT AND WATCHIf it sustains above the level of 1234 then can go long to 1260 followed by 1290.
If the price turns back from the important level of 1234 then the short target will be 1175 followed by 1150.
Happy Treading.
ETH - SHORT TERM & LONG TERM LEVELSETH has rallied up in the last two trading days to reach fresh highs in a long time. We are seeing similar run to Jan 2018 in the mix.
Yellow Trend Lines show long term levels with respect to the 2018 run up.
Green Trend Lines indicate short term support & resistance. If price sustains over each of these Trend lines, we wil see price moving up. Corrections will be fast in a voltaile bull rally.
ETH towards ATHETH has just crossed over the strong daily resistance and a strongest trendline resistance at 990$
ETH on its way to new ATH has 1200$ and ATH-1400$ 2 strong resistances.
Once we breakout the 1200$ resistance, it will be just matter of couple of days for ETH to make new ATH.
According to historical data, ETH always have the same rally as of BTC.
we can see ETH ATH somewhere around 1800 to 2000$ in 2021
