ETH FORMED BEARISH SHARK PATTERNETH will take some retracement which have chances to 1800 to 1780 level, if it loss that support we will see big correction till 1450 area which gave unfilled Gap. after that will see bullish rally of halving.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto
ETHUSD.PI trade ideas
Ethereum Perspective.Ethereum is the second largest crypto in the world and one of the safest too after Bitcoin. It will be important to see how Ethereum plays out in the next Bull run.
POI for Ethereum remains at 1615-1738$.
There are 2 scenarios building up one has a different path to play out and other too has a different path.
Ethereum 3rd Wave forecast for $2550
ETH/USD at 1840.
Wave 1 : Starting from 1620 to 1940
Wave 2 : 38.2% retracement @ 1815
If it is deep then we may see 1744.
Wave 3: If we consider wave 2 is completed
and wave 3 is begun then 2550-2650 is the
Target for wave 3 .
Analysis by Bharat Kumar on 29th June 2023
What whales are thinking on $ETH!
If we consider the given options for Ethereum entry prices and their average of $1689.7, here is a comparison:
1793.0: This price is higher than the average. If you enter at this price, you are buying Ethereum at a premium compared to the average price.
1724.6: This price is also higher than the average, but not as much as the previous option. Entering at this price would mean buying Ethereum at a slightly higher than average price.
1658.7: This price is lower than the average. If you enter at this price, you would be buying Ethereum at a discount compared to the average price.
1595.3: This price is the lowest among the given options and significantly lower than the average. Entering at this price would mean buying Ethereum at a substantial discount compared to the average price.
Based on this comparison, if you believe that the price of Ethereum will increase in the future, entering at a lower price such as 1595.3 could potentially offer a better opportunity for a higher return on investment.
ETHUSDT short?We're close to two major resistance. Will have to wait for ETH to reject 2 of those trendline one of them is downtrend channel and another is on Daily chart. We will see if it breaks above it and continue. RSI is pretty strong at the moment but starting to curving downward. I'll be risking only about 3.50% of my position size to gain at least 6% on this trade. my prime target would be around 1705 with same SL
ETHEREUM TRADE IDEAS Hello friends here I am sharing the chart of Ethereum, so here I took the time frame of 4 hour as you can see the three different zone are there mentioned on chart (Resistance Zone, Breakout retest Zone, Demand Zone) So I am explaining my trading ideas for it below
IDEA 1-:
It will reach to breakout retest zone and will give a bounce from there to the resistance zone.
IDEA 2-:
If it will break support ( Breakout retest zone) and will got to next support mentioned as support 2 on chart and can go up for above levels after bounce.
-:Levels Price Are Mentioned Below
-:Breakout Retest & Support Zone ( Price 1916)
-:Resistance zone If Bounce From Support ( Price 2070)
-:Support 2 Zone ( Price 1833)