Ethereum Important Levels and Trade ZoneChart - Heikin Ashi
Timeframe - 4H
Resistance Zone - 1635 to 1647
20 ema - 1634.25
50 ema - 1643.36
100 ema - 1664.89
200 ema - 1710.45
Fib Retracement :- 38.20% level 1732.88
50% level 1789.44
Note :- The breakout of 1647 level will also give us the breakout of 20 ema and 50 ema.
Trade Setup :-
1. Enter on the breakout of 1647 level
2. 1st Target is 1732.88 (Fib retracement level of 38.20%)
Exit half the quantity on the first target and leave the other half for the second target with a
trailing stoploss of 1710.
3. 2nd Target is 1789.44 (Fib retracement level of 50%)
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. This material is for educational purposes only.
Thanks
Sardar Simranjit Singh Virdi
ETHUSDT.5S trade ideas
Ethusdt Bearish ideaThere is a breaker . Price is respecting the breaker Block . when Price taps on it. It Shows change of characeter in Ltf . and there is no fvg in 1h or 4 h . but as you zoom into 15 min or 5 fvg . where you can trade . But it's too late. this is for educational Purpose only. This is not Financial advice
ETH/USDT:- Bullish Momentum Building Towards 1760-1770 Levels ?In this technical analysis, we delve into the current market trends of the ETH/USDT trading pair. The Ethereum cryptocurrency has shown promising signs of bullish momentum, with key buying and selling levels identified for traders to consider.
Buying Area at 1760-1780 Levels:-
Ethereum's recent price action reveals a strong support zone between the 1760-1780 levels. Traders looking to establish long positions can consider accumulating Ethereum within this range, aiming to capitalize on potential price appreciation.
Price Targets at 1950-1960 Levels:-
The ETH/USDT pair is exhibiting a promising uptrend, with price targets set at the 1950-1960 levels. It is essential to monitor price movements closely, as a sustained breach above this range could trigger further gains.
Bullish Order Block Opportunity:-
An intriguing opportunity arises from the presence of a bullish order block at 1760-1770 levels. This block signifies a strong demand area, highlighting the potential for upward price movement. Additionally, if the market corrects itself and ETH/USDT retraces to the 1650-1680 levels, astute traders can consider this a "buy for bag" opportunity.
By staying informed about these key levels and potential opportunities, traders can position themselves for success in the dynamic world of cryptocurrency trading. Follow us on Trading View for real-time updates, in-depth analyses, and actionable insights to enhance your trading journey.
ETH Price History 2018 has something to sayThe replication of history remains uncertain, yet its echoes can offer valuable insights.
In 2018 similar kind of pattern was present and fake breakout trap was follwed by decline in price for more than 70%. May or maynot be this time similar movements will happen but surely something very important moves are in expectation.
ETH/USDT: Navigating Consolidation and SEC's BTC ETF Verdict 📈💎 Paradisers, let's dive into ETH/USDT. The asset is forming a rising wedge pattern, and currently, it's in a consolidation phase while we await the SEC's decision on the spot BTC ETF. If the SEC leans towards disapproval and the price falls below the 1757 threshold – which serves as both the lower boundary of the rising wedge and a significant demand zone – we might witness a decline towards 1642, and potentially even 1478.
💎 In case panic selling takes over the ETH market, there could be further drops ahead, potentially reaching as low as 1368 and 1171. However, if the SEC approves the spot BTC ETF, it could be a good idea to focus our bullish efforts on BTC rather than ETH. Stay attentive and make well-informed decisions, ParadiseSquad! 🚀
Beerus time in etheriumJuly ke mah mein etherium down trend mein ja sakta hai, Maine to entry banaa li hai ab dekhte hain kya hota hai.
Result janne ke liye mujhe follow jarur Karen aur mere sath bane rahe.
Ethereum may go on a down train in the month of July. I have made an entry, now let's see what happens next.
+ To know the result, you must follow me and stay with me.
Follow me💛
ETH/USDT: Analyzing Price Trends and Key Levels
Introduction:
In this technical analysis, we will delve into the ETH/USDT trading pair and explore crucial levels and patterns that can assist traders in making informed decisions. We will focus on the selling area at 1920 and 1940, anticipate a potential correction towards 1800, and analyze the significance of an inside bar formation within the selling area.
1. Selling Area at 1920 and 1940:
ETH/USDT has encountered strong resistance at the price levels of 1920 and 1940. These levels have proven to be significant barriers in the recent price action, suggesting a higher probability of a downward price movement.
We observe the formation of an inside bar within the selling area of 1920 and 1940. This formation reinforces the notion of a potential price reversal, as it indicates a period of consolidation and indecision among market participants
2. Expected Price Correction towards 1800:
Considering the strong resistance mentioned above, we anticipate a price correction in the ETH/USDT pair.
In this case, we expect the price to retreat towards the support level around 1800. This level has historically demonstrated a strong buying interest, making it a potential target for long positions or profit-taking for short trades.
Conclusion:
By analyzing the ETH/USDT trading pair, we have identified a significant selling area at 1920 and 1940, suggesting potential short opportunities. Furthermore, we anticipate a price correction towards the support level of 1800.