ETHUSD, can we make another Swing High at the top?Hi Traders,
Looking at the Daily time frame we can see that price is moving within a reversal structure which has room to climb to the top before it makes a reversal downwards. Looking at the current price action we near the bottom boundary which may be tested again before getting breakout of the respected trendline.
In my view, I am short term bearish and long term bullish. Look for LTF opportunities on this pair.
Comment below and share your view, click the like button if you agree!
Trade Safe!
Ethusdlong
ETH Ethereum Price TargetAfter ETH hit the support level and bounced from it:
Now I see the $3300 resistance as a possible price target for Ethereum in the war context right now.
People will also consider digital currencies to preserve capital especially in Russia, where the national currency is at all time low against the US dollar.
In case of a sell-off, the 1800-2200 area is a buy opportunity in my opinion.
ETH Weekly AnalysisEthereum did get below significant zone a couple of weeks back, which turned from support to resistance. Although we saw a second strong rejection to the downside, we're still below the zone, which needs strong power from bulls to get through.
Although bulls would be right by saying there is some positive development (rejection of move to the downside, outflow of crypto from exchanges, bids from whales), I think we will see ETH moving towards the 2k area, which will act as the significant support and we may see trend reversal.
ETHUSDT - Trend Breakout!!ETHUSDT (2h Chart) Technical analysis
ETHUSDT (2h Chart) Currently trading at $2630
Buy level: Above $2670 ( Buy After Breakout)
Stop loss: Below $2490
Target 1: $2750
Target 2: $2865
Target 3: $3040
Target 4: $3190
Max Leverage 3x
Always keep Stop loss
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ETHUSD BID ZONEPress the Follow button for more Daily Detailed Analysis.
Market Sentiment over the weekend proved to be hard hitting across various different assets, especially Crypto. Often this asset class will follow equity markets as negative sentiment Travels.
At times like this it is important to control your risk appetite. Times of huge uncertainty and pending news events can cause FAST moves and therefore we must change our approach. This means spacing out positions to avoid any clumping and lowering your size.
On this fall we can look to get lightly long at the approaching price action level. This is in line with the LONG term trend.
Use the eclipse symbols as a guide.
ETHUSD - ProjectionsThis post is likely to get a lot of hate but I am simply providing 2 scenarios for ETH.
Scenario 1 - Blue arrow.
BTC remains dominant overall crypto pairs even ETH although it's proving itself by having gained interest in blue chip companies like Microsoft. I am a HUGE fan of ETH and believe in the future it will be a major leader in the crypto space (more than it already is). If BTC continues it's bull cycle and reaches ATH and goes further then ETH will do exactly the same.
Scenario 2 - Orange arrow.
Should BTC turn bearish then it has capacity to easily drop another 25-27k in price! Now take a look at the damage done by the shallow pull backs we have seen already. A BTC sell off (which is very possibly) would be catastrophic to the ETH and all other ALTS. Should the crash come ETH will see $280 which I will be buying until I can't buy anymore.
Now it's important to remember before I flooded with hate comments that either of these scenarios can happen but it wont be an over night move. It will be over the course of many months of a bearish or bullish cycle.
ETHUSD LONG ZONE ANALYSISPress the Follow Button after watching to see more Daily Detailed analysis. If you have any questions please ask them in the comments section!
Here we have our ETHUSD charts..
We recently looked short as we touched key price action levels. Lots of traders are now growing in popularity and their impetus on this asset. Longer Term timeframes illustrate a clear Uptrend which we can continue to follow. Remember, look at what you can actually see on your chart... It really does help a LOT..
Market Memory and understanding price action is imperative to trading success. This becomes ever more notable when viewing ETHUSD, because we can accurately take our entries and exits based on what Traders are doing. Again, this is all on the chart. Fundamentally, recent news comments has improved the upside bias of STABLE cryptocurrencies. Trade HVA's safely and lightly as they can move fast. It also helps Trading in stages rather than Trying ONCE with one trade..
Thanks for watching and See you in the next analysis!
ETH/USD BULLISHEthereum has unfortunately broken through several resistance levels in the last weeks. We have now seen a strong trend upwards from support at 2508 . and support at 3310 . Eth has a potential to continue rising.
A note however: The market is currently not very stable, the resistance level at 3310 might not be broken through.
Entry price: 3100
Take profit at resistance levels at your will-
Target: 4200 and above
Not financial advice.
ETHUSD PRICE ACTION..Don't forget to Click on the follow button for more Daily Detailed Analysis. Please do ask any questions in the comments section should you have them!
Here we have our ETHUSD on the 4H Chart..
Rip Roaring movement yesterday saw most assets fluctuate between support and resistance levels. Most gains were Re-recovered partly after these moves. Nonethless we exited at targets and have a newly formed plan..
If you are looking to the longside on the current new uptrend, it is ideal to get long on a fall to some comfortable support. NOTE that is if we can get there. There is no point in entering any longs too late.
Look to exit at the eclipse symbol area.
#ETHUSDT 100% Accuracy so far, What's next?Welcome to this quick update, everyone.
As per my last chart, ETH dropped to our buy zone and we bought both on spot and leverage.
The average entry is around $2885.
The next resistance is around $3200.
A break and close above this level will trigger a rally towards $4000.
The pattern is playing out perfectly.
So this is my plan:- I'll be holding positions with SL around $2936 with a target of $3860 to $4000.
What's your plan?
Let me know in the comment section.
Also, If you like this chart, do hit the like button and share your views in the comment section.
Thank you
#PEACE