ETH-USDT Elliot wave in main A-B-C correction. Most likely it is in last 5th wave of main C wave. Should bounce back from 1750-2050 for long term hold. Disclaimer: This is not a trading advice.
ethusd long setup, price action, breakout structure, retest and run continue, short term, scalping move, proper risk reward calculation, take ride...
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
#eth follow the fib ratio as a support like in previous charts 4hr TF, now if u wanna take a trade you have everything on chart sup. & resis.
ETHEREUM triple top wait the breakout after entry 1HOUR also same
#eth follow fib ratio exactly scalp zone 300 usdt points, so take short from its resis and long from sup as it shows from 20 feb to now in rangebond of 2586 to 2832.
Despite the slow start to 2022, many analysts remain positive, anticipating that Ethereum's price might approach and beyond $12,000 this year. The price is currently bouncing inside a channel, and we are near the bottom, so a pullback is the most likely scenario.
if the triangle breaks we may see a breakout in either direction
1 week earlier also I have mentioned this idea and it fell 220+ points more than 7%, again I am warning Ethereum could really be a falling comet, be cautious. Huge rounding top is clearly visible in its weekly charts.
Buy ETH with SL around $3000 (white line support) if broken then it will go down around $2500 ...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2904.46). . 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...
Eth is breaking raising channel we can see sell off soon ,keep target 🎯 on above support and wait for next support for profits booking.
Ethereum come down wave c wave c internal wave 1,2,3,4,5 wave 1,2,3,4 complete wave 4 retracment wave 3 is 62 % near I draw trend line channel this chart wave 2nd to 4 rth andle of trend line 19 degree and i draw 4rth to trend line 19 degree bitcoin compelte near the correction wave 5 interal wave 1,2,3,4,5
Ethereum could keep falling as it has created a rounding top of larger frame, though we have seen a morning star pattern a bullish reversal signal but it has not sustained which means Bear are much stronger.
Will this ascending training lead to bullish breakout?