ETHUSD is looking for short after forming corrective formation & expecting target to reach at 2800$
ETHUSD is forming a movement to the downside & expecting target to reach at 2800 by the end of March
ETH Possible Top (Trendline Resi) unlike BTC this Possible Top Trendline is from non-Log Chart
ETH is forming a reversal movement to reach for the take profit area & has a rejection on 1h timeframe. Target are mentioned. This is just a reference for trading education purpose only & always do your own research before jumping into the trade
ETH Bearish 1. symmetrical triangle breakout 2. ema 20 cross 50 3. lost imp support trendline invalidation : breaks 2550$ support levels : 2440$ nexrt 2040$
ETH ATH have a chances to get in march or nov of 2025 yr at the price of 8500$
ETHUSD is forming consolidation to reach at 1750 and have clear formation for the move to the downside expecting target at 1400$
Best Buy & Profit Area for Ethereum next major moves
On Eth 1Hr chart: An example of Strong Regular Bullish Divergence using the RSI. Confluence with Stochastic Oscillator also shown for entry confirmation
The same could go for BTC and most Alts. Could be a different way of counting the elliott waves. This is just me practicing TA. Open to thoughts.
GO SHORT FROM MY ENTRY, WITH A SL AS GIVEN, AND TARGET AS CLEAN LOW(LONG WICK REJECTION), IF U SEE SOME SORT OF REJECTION OR RETRACEMENT FROM THAT ZONE U CAN EXTEND UR TARGET TILL YELLOW ZONE, SINCE IT HAS BEEN TESTED ONCE SO PROBABILTY OF HOLDING FROM THERE IS 50-50.