ETHEREUM STRONG UPSIDEWith technical analysis, Ethereum will break its current level and reach 2200 USD. Bullish in long term, with increasing in volume.
ETHUSDT.PS trade ideas
eth is at crucial supportethereum is at major support zone, previously 5 time this zone have proved to be a major support zone and price have show major turn near this zone.
💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1659.02).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 1785.24
TP2= @ 1835.00
TP3= @ 1915.00
TP4= @ 2000.00
TP5= @ 2085.00
SL= Break below S2
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Significant divergence in the RSI of the Ethereum 1 hour chart.
Just a climatic buy bar (on letter A) and possible evening star reversal formation with the tic volume falling fast.
If Ethereum falls, we can correct from here until the beginning of the last bullish leg on the black arrow.
Not a financial advice.
etherum tread between 1040 and 1680Ethereum trade in between 1040 lower support and 1680 in upper resistance. if it break 1140 then it test low up tp 10410 and then test now low of 2022 bello 880. and if sustain at this level and going up side and break 1680 level then next upper high is 2200.
this is not near future trading idea. this is for long term holding.
ETH Short Setup!ETH Short Setup at 1 HR TF! ETH just got rejected from a very crucial resistance, so, according to the price action, ETH may test the support zone.
tripple high formation by ETHETH is going to drop near 1450$ from 1600$
you can keep a risky short here otherwise you can take a safe short when ETH break the yellow line
ETH/USDT Etherium is forming a rising wedge pattern. According to this rising wedge pattern it could reach the upper support zone near about 1680-1700 usdt. Also this week the FOMC meeting could negetively impact this, and we could see the breakdown of the rising wedge pattern till the lower support zone near about 1200 usdt. Untill do your trade according to the price action or wait for the confirmation.
ETH LONG SETUP IS HERE | DETAILED ANALYSISEth is in the zone where it can pump or dump both
In pump case we have buy opportunity in 2nd buying zone
In dump case we have buy opportunity in 1st buying zone
Keep an eye on Eth it will give 100% returns in some time
ETHUSDT : Lower Low and Lowe High Structure Ethereum
1)Structure
2)Moving Average 150MA
3)Volume Analysis
1) Structure: Lower Low and Lower High
Currently, in the hourly time frame, the price is trading in a Lower Low, and Lower High Structure which means the price is bearish in nature,
However, there is a chance to change the current trading structure which we mentioned as CP in the chart
Change in Polarity (CP): CP means once a Resistance Level is broken then it becomes a Support level for the next trend structure (Change in Polarity 2140$ Level)
2) Moving Average 150MA :
In the hourly time frame price is observed below 150MA, which indicates the structure is still controlled by the Bearish hands
3)Volume Analysis :
The volume declined from May 12 to the current date we analyzed, indicating that there is much less demand at the current level
4) Expectations/Probability
Probability 1: The price can break the $2,140 level and then it could climb to the $2,450 level.
Probability 2: The price can consolidate between the 1740$ - 2140$ level for some more days and then it could move to higher side
ETHUSDT : Range Market1)Structure
2)Moving Average 150MA
3) Volume Analysis
1) Structure: Lower Low and Lower High
Currently, in the hourly time frame, the price is trading in a Lower Low, and Lower High Structure which means the price is bearish in nature,
However, there is a chance to change the current trading structure which we mentioned as CP in the chart
Change in Polarity (CP): CP means once a Resistance Level is broken then it becomes a Support level for the next trend structure (Change in Polarity 2140$ Level)
2) Moving Average 150MA :
In the hourly time frame price is observed below 150MA, which indicates the structure is still controlled by the Bearish hands
3) Volume Analysis :
The volume declined from May 12 to the current date we analyzed, indicating that there is much less demand at the current level
4) Expectations/Probability
Probability 1: The price can break the $2,140 level and then it could climb to the $2,450 level.
Probability 2: The price can consolidate between the 1740$ - 2140$ level for some more days and then it could move to the higher side
ETHUSDT Weekly ChartETH is in inner wave 3 of bigger wave C.
- Inner wave 4 should form upto 1800-2000 level (pullback)
- Last inner wave1 of bigger Wave C can target upto 700-800.
800 is next support on weekly chart.
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE!
$ETH is currently trading at $1560
I am expecting some bounce from here.
But Bullish is only above the $1460 Level.
As per TrendLine, This is the Retest level after Breakout.
So $1400 Support level is very important for the Bullish scenario.
First Horizontal Resistance is $1700 so This will be the first Target of Long Setup if Hold $1450
At the $1400 level also 21 Days of EMA resistance so This Point will be very important.
If we break the $1400 Level then we can see another 50% From the $1340 Level.
And Target will be $1750
I am Bearish below $1300 only.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1263.32).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1419.70
TP2= @ 1537.09
TP3= @ 1645.61
TP4= @ 1735.38
TP5= @ 1916.51
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ETHEREUM/USDT 4HOUR UPDATE!!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE!
ETH/USDT is now trying to break the $1420-$1460 resistance area. If eth is able to break this resistance, we will see a move towards the key $1750 resistance area. If eth gets rejected from here, we will see another test of $1250.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
Strong SupportAs Per Candle Stick Pattern Observation 1040 is Near Strong Support For Ethereum. if 1040 is break again then ether may lead to new low bellow 850.
ETH Short ideaexplanation in charts:
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI , Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments.
ETH/USDT 4H TF CHART ANALYSISETH has broken out of the major resistance and now the wait is on for re-test. We also have a cup & handle forming on the 4H TFs which can make a low of 1165$ and then a relief bounce and also the target as per Cup & Handle Pattern.
Also until then , the Stoch RSI will make it's way moving upwards again.
#NFA #DYOR
Ethereum market analysis It’s been awhile since we’ve updated ya’ll with the current market situation. The crypto market has been moving sideways since the last drop from 30k to 17k, hence we have been quiet on the sidelines. This usually indicates an accumulation of orders before its next explosive move.
We currently have been motoring #Ethereum and to give a brief update as follows:
#Eth on the daily is currently sideways, neither forming higher highs or lows. A break of $1260 could indicate a movement of price towards $1611-1800. This zone is key supply area and will act as strong resistance. We would be looking at selling our reminder of our holdings at these levels. As the chances of it dropping towards 740 - 200 is significantly high in the coming days/weeks. Which is where should this occur , we will be looking at accumulating aggressively at these levels in play for long term holdings.
NOTE: This is not financial advice, please do your own research before investing.
