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Ethusdtshort

ETHUSDT ANALYSIS SHORT Theres a few things I like about the technicals main one being that we are in a nice correction channel. I understand the longer the corrrection the more mometum is built to push price to new highs. (think of it like a sling shot) 2. massive wick created in early december was filled yesterday and price violated today 3. Fib ext correlates with the bottom of the channel I am interest to see whether this will hold. If it does not hold then it will for sure reach the order block and create a double bottom aka W formation.
Short
by MrLegacyShift
ETHUSDSpeculative nervousness remains rather loud within the cryptocurrency landscape. ETH/USD has been fighting for higher value, but headwinds continue to incrementally lower resistance levels in the short term. Technically, ETH/USD appears to be within a slow moving bearish trend, but traders should not be fooled by charts into believing volatility has disappeared. ETH/USD traded at a high of nearly 3888.00 yesterday, this before declining again and falling to around 3755.00. Reversals remain a strong theme with ETH/USD. While brief movements upwards are being demonstrated, the cryptocurrency seemingly has found it difficult to break resistance levels which can change behavioral sentiment in a strong manner. Major counterparts of Ethereum are also finding it difficult to gain traction higher in recent trading. The inability of ETH/USD to sustain a solid move upwards continues to indicate additional bearish momentum will be experienced. On the 3rd of January, ETH/USD did fall to nearly 3675.00, but a bounce higher was certainly produced which resulted in yesterday’s apex. An intriguing sign within ETH/USD is that the cryptocurrency has struggled to maintain value over the 3900.00 juncture in the past week of trading. On the 27th of December ETH/USD was around the 4125.00 vicinity when a violent selloff took place. On the 28th of December, ETH/USD struggled around the 3900.00 range, but then suffered another selloff which saw its value fall to a low of nearly 3775.00 on that day. Since then ETH/USD has actually produced a price range which has been lower. Lows testing the 3610.00 level have been produced a couple of times since the 29th of December. While the low of ‘only’ 3685.00 was made on the 3rd of January, it is troubling that ETH/USD remains within sight of depths which were last sincerely traded in October of 2021. Current resistance should be watched around the 3840.00 level. If this nearby barrier higher remains durable it could cause further nervousness and spark aggressive selling positions. ETH/USD has the ability to be volatile. Spikes can certainly take place which serve as a strong counterpunch. Conservative speculators who want to sell ETH/USD should use stop loss orders to protect against the potential of sudden bursts higher. However, short-term traders may be making the correct wager by looking to sell ETH/USD and aiming for support levels as take profit targets. If ETH/USD falls below 3800.00 and sustains values below, the cryptocurrency could traverse lower and test depths seen only a couple of days ago. Ethereum Short-Term Outlook Current Resistance: 3856.00 Current Support: 3771.00 High Target: 3902.00 Low Target: 3645.00
BITSTAMP:ETHUSDShort
by SmoothJB
ETH Will go down to $3800?1- According to 3D timeframe chart, it shows sellers are strong and price could go down even more to first support which is $3800. If price can hold this strong support we can hope the uptrend is still powerful. 2- In addition to Fibonacci support and resistance another proof for this idea would be MA20. As you see price can hit the MA20 on the $3800 area. 3- There is no hidden divergence to proof this is the end of correction. 4- No big volume shows it's not a liquidation for another uptrend yet. -------------------------------------------------------------------------------------- P.S. This is not an advice to buy or sell, that's just an analysis that needs to considered too. Always make your analysis before a trade.
Short
by farzinfaddy
5
ETHUSDT : Bearish ScenarioPeople been talking about how ETH is one of the best, if not the best performing coin in the month of December . Well lets take a look😄 Clearly, the trend is moving downward/bearish as seen on the Lower High structure formed inside the bearish descending triangle and downtrend channel. We can see that ETH is closely related to BTC in terms of price action and pattern. I don't see any reason to be bullish for now, that is until it breaks out the triangle.
Short
by TheCryptorexx
3
ETHUSD Short New Year, New opportunity for ETHUSDT. As my prediction BTC will likely hit 38k about 31 Dec (maybe), when BTC is traded at 38k, eth will be traded around 2800-3000 usdt. This is the best time to buy the dip for ETH. For now, the best option you have is #short ETHUSDT whenever ETH hits 4100-4200 there are still zero indicators for u to take #long in a higher timeframe, maybe you'll get around 4300 if the fakeout happens during the process. SAFETRADE GUYS MERRY CHRISTMAS AND HAPPY NEW YEAR
BINANCE:ETHUSD.PShort
by giovannibinar07
#ETHUSDT looks imminent for $6k Here's Why!Welcome to this another Update on ETHUSDT. In my last update when I posted the buy signal around $3800. It rallied to almost $4800+. This dip was a blessing. ETH Chart looks really simple! Can you call it bearish? I don't know your bias! I just don't see any bearish signs yet. It's a classic Cup and Handle Breakout with the most important support around $3.8k and a local resistance around $4.5k! The lowest we can expect is $3870 where I have placed a ton of buy orders. Almost 14% of my portfolio is in ETH and will stay that way. The pattern gives us a $6k+ Target by the end of this year. Do you think it's possible? Or, do you think we will see more corrections? Do hot the like button if you want me to keep this chart updated and share your views in the comment section. Thank you #PEACE
Long
by Cryptorphic
3
ETHUSDT , Becareful if you are in sell position Hello everybody In here , According to trend we expect that the price can support in first supp and can rise the price If the market cant support the price in first supp it can drop to other support that shown on chart Guys please becareful and dont take any position without taking signal in lower time frame I think everything is shown on chart and there is nothing to explain but if you guys need any help send me messages Previous analysis : Good Luck Abtin
Long
by Abtin00