Rising wedge, orderblock between 1628-1649 (LH on 1H TF and LH on 1D TF) entry 1, orderblock between 1680-1706 ( top rising wedge and LH on 1D TF) entry 2. Target 1424 to take de weak low.
Looking back historically on the fall from the high, it's an outstanding ABC correction.
A+C are both 2700, both take 75.5 days, the B rides the 50% of wave A for a few days before C begins, and C is just identical to A.
Perhaps the most interesting nuance, is the recent low, it happened to bounce right off the 1.272 of wave A, and that also coincided with the...
ETH has been hardly rejected at the upper end of the channel, a sale-off pushed the pair down to DO at 1585, if breaks down next stop should be 1550 that is MO and neckline of channel, i expected a bounce there back to 1585, i would try a long on 15M with a very tight stop.
This is not a financial advise but just an idea
Hi All,
I seemed to have run out of time so I labelled this as Part 1.
I explain a few reasons to be bearish and also cover the bullish scenario as well.
Tomorrow, I will continue with Part 2.
Please give me a like and share,
Regards,
S.SAri
Hi dear traders
As you saw in the previous analysis, the price went down to the area of 1450$.
The price is trying to break the ceiling of the descending channel and is in a bearish flag.
EMA100 acts as a resistance, in case of failure, it can climb up to the 1637$ area.
Otherwise, it will go down to the support area of 1323$ to 1385$.
Long was completed...
Looking for entry point for short. Prior correction ended up with two ending diagonals and strong initial impulse down => strong short signal
Within this frame on Daily chart:
Just take a look at this chart and tell me what you see. MS is bearish on the daily time frame as 1580_1610 is support turned into resistance. I can imagine the price push a bit higher to fill the daily FVG at 1654 and then come back to restest the 1250 area. if it reclaims 1700 then I would cut all my shorts.
Important levels are drawn on the chart
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Hello trader's,
You can open this position by managing the capital and observing the loss limit.
Position info:
• Symbol: #ETH/USDT
• Type: ( Sell - SHORT )
• Entry: 1675 - 1690
• TP: 1650 - 1620 - 1585 - 1560
• SL: 1725
Always be profitable and good luck.
Hello everyone, let's take a look at the 4H ETH to USDT chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,657
T2 - $ 1720
T3 - $ 1,835
and
T4 - $ 1,906
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,598
SL2 - $ 1563
SL3 - $...
Price is currently getting rejected from the daily supply zone. MACD is not clear, RSI is bought and EMAs are neutral. Overall, i expect price to fill the fair value gap around $1,760 and tap into the 12h supply around $1,850 before moving down again.
BYBIT:ETHUSDT
1H time frame
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ETH is in an ascending wedge, and it hit the upper line again, here is the supply zone.
So we expect it to get pullback and aim to 1577, 1530.
Notice that we should close all position at the lower uptrend line, and the next short timing will show when ETH take out this lower uptrend line and retest.
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Support levels: 1577,...
💡💡#SIGNAL 💡💡
ETH / USDT
▶️ Sell NOW (70%) + Blue Line (30%)
🔴 SLT - 1D (trigger)
1D in descending. Previously, a figure similar to the head and shoulders was formed. Now there is a retest of this figure. Stop trigger on the right shoulder.
#ETHUSDT_1D_020922
ETH is still inside the downward channel , it is not really makig any moved just going a little up and a little down waiting to take a clear direction, i still preferred the bearish side shorting bounce to the 1610-1640 area, but would pay attention to BTC move, the NFP released and the Unemployement numbers on the US as they will drive the market if different...
#ETH
first 8-hour buy signal since the middle of August.
As a confirmation setup, I'm still looking for some "higher high/higher low" sequences (above 1.7k) at higher timeframes.
Regardless, it might be a good bullish sign, at least in the short term.
