Ethusd also turning bearish Ethusd break below 2100 on weekly basis will lead to a target of 500-900 range.
this a personal opinion and for study purpose .
ETHUSD trade ideas
Play ETHEREUM with moving averages.Ethereum is trading at a crucial support zone and there can be a reversal.
Though, on a 60 minute time frame, the moving averages crossover is showing some bearish trend.
On a 15 minute time frame, the coin taking support for the zone and strong bullish candle are being formed.
Support :- 2945,2850
Resistance :- 3020, 3100
Watch for the candle to close above is 20 ema on 60 minute time frame, as it has been taking resistance from the static level.
It can travel upto 200 ema once it gives a strong close above 20 ema.
Price action and volume analysis must be used.
Ethereum gives a nice breakout of "W" Pattern.Ethereum looks bullish on a higher time frame and has crossed the resistance of 3100 levels.
It has closed above the level on daily time frame and is taking resistance form is 20 ema.
A nice morning star pattern is there on a daily time frame and trading between the moving averages.
On a 4 hour time frame the coin has given a "W" pattern break out with good volumes and has crossed it 20 and 200 ema .
Support :- 3100, 3040, 2960
Resistance :- 3198,3320
There is a crucial resistance near 3130-50 i.e. 20 ema on daily and weekly time frame.
Wait for the price action and candlestick pattern near the levels.
Ethereum trading view for next week 11/04/22Ethereum has streched for contunues week
and changing the trend near the support
level.
Its taking support from the 20 ema on a
weekly time frame.
The price has tested the
support and has given a upmove.
On daily time frame too there is a bullish
momentum in the price as its taking support
from 20 ema and has given a cross over in
the moving averages.
Ethereum can run either side as its trading
between 20 and 200 ema on 4 hour time
frame.
Support :- 3100, 3020, 2950
Resistance :- 3434. 3675
It has support near its trading price and can
reverse form the support.
On a short time frame there can be a
resistance at 3320.
So wait for the price action near the levels
before trading the coin.
Ethereum gives a nice breakout of "W" Pattern.Ethereum has streched for contunues week and changing the trend near the support level.
Its taking support from the 20 ema on a weekly time frame.The price has tested the support and has given a upmove.
On daily time frame too there is a bullish momentum in the price as its taking support from 20 ema and has given a cross over in the moving averages.
Ethereum can run either side as its trading between 20 and 200 ema on 4 hour time frame.
Support :- 3100, 3020, 2950
Resistance :- 3434, 3675
It has support near its trading price and can reverse form the support.
On a short time frame there can be a resistance at 3320.
So wait for the price action near the levels before trading the coin.
Bitcoin and ethereum short.These are two targets for bitcoin, if first breaks then golden pocket will be next and Eth caught up in abcd extension
ETHUSD Ascending Triangle !Ascending triangle pattern formation on ETH on a 15min timeframe ! Target should be around 3170 $ !
🚫Disclaimer:
🔹I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
🔹incase of BTC crash ! This chart is invalid !
Thank you!!!
😊😊😊
#ETHUSDT # Etherium - Wedge breakout?ETHUSDT is forming a wedge bottom.
A similar formation last time resulted in a very good upside.
Will it breakout and move up this time as well?
ETH A few good months ahead!
forming a good consolidation inside the pattern and breaking out. every other alts setups are also setup nicely.
#ETHUSDT - Etherium-Potential double top on hourly #ETHUSDT - Ethereum is forming a double top on hourly chart close to supply zone
Will it breakdown?
Possible trendline breakout in Ethereum.One can go long on ethereum after the price breaks the trend line. But one should wait for a pull back and when the price shows green after the pull back it would be wise to go long.
ETHThrough the chart, it is clear that ETH is affected by the economic crisis, but do not worry, ETH should remain in the portfolio. It is always strong, and its price will rise as shown in the graph.
#Etherium- ETHUSDT could take another leg down. Try to enter at pull back to ride the next leg down on ETHUSDT
Heading towards 2300
ETH perpetual- Pull back to 2700ETH perpetual has broken the hourly trendline and has formed H&S on 15 mts . It could pull back to 2700 levels before commencing its downward journey
EthUsd showing signs of bottom formingCryptocurrency chart is showing bottom forming with Double bottom kind of formation happening on charts and RSI divergence clearly gives it an edge. Levels crossing 200 EMA will give further confirmation. Watch out
eth shot for small target ,high resisitance at ETH :2818 cn go for shot in 15 min time frame with target of 2761
head and shoulders patternA head and shoulders pattern is a chart formation that appears as a baseline with three peaks, where the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
Divergence in EthereumI think there is quite difference in the RSI and The Price of ETH. I dont know whether it can be a sign for a bullish momentum, but it surely is something as the strength is increasing or same as shown in the RSI but the Price was falling which means the price is falling but it does not have much strength and maybe its time for some bulls to takeover ETH. Please share your thoughts on my theory.
