Ethusdidea
ETHUSDETH/USD has seen a steady and rather incremental price recovery this week after last weekend’s decline, but trading this morning is showing signs of value erosion
After almost hitting a price of 4500.00 in early trading this morning, ETH/USD has come off this high water mark not seen since the 3rd of December and slipped slightly. As of this writing, ETH/USD is near the 4360.00 ratio and trading conditions appear rather fast. Important short-term lows are within sight technically. If ETH/USD begins to challenge the 4350.00 to 4340.00 marks this could send a shiver of nervousness within speculators.
Yes, ETH/USD has done well since the bedlam demonstrated late last week took the cryptocurrency to lows that were not anticipated. After recovering from the spike which saw a low value of nearly 34700.00 exhibited, ETH/USD has methodically proven many buyers remain active. However the price action in Ethereum does remain rather volatile and trading just a few days ago demonstrated nervousness remains abundant.
On the 6th of December an early high was reached around 4200.00 only to see ETH/USD plunge to a low of nearly 3925.00. And then only a little while later, ETH/USD was making a high of 4350.00 approximately in the same day. This is where the value of ETH/USD is largely trading now three days later.
Choppy trading conditions are certainly part of the everyday landscape of ETH/USD, but recent tests of the 4000.00 psychological juncture is likely causing an increased amount of speculative nervousness. If current price levels are sustained and support near the 4330.00 mark proves vulnerable, ETH/USD may see further bearish movement short term. The broad cryptocurrency market has demonstrated some price declines in the short term, as they have given back some of their winnings made the past few days of trading.
Cautious speculators who are skeptical of ETH/USD upwards move made recently and believe another retest of lower support levels is going to be exhibited near term cannot be faulted. These conservative traders may want to wait for the 4330.00 to 4300.00 to be tested before igniting their selling positions. Traders who are looking for quick hitting trades, and want to sell after short term reversals higher have challenged resistance can also make a selling wager.
If resistance actually doesn’t prove durable and the 4400.00 to 4420.00 marks are toppled, another test of 4450.00 to 4500.00 could develop in the blink of an eye. Traders need to use their risk management wisely as ETH/USD fights to create a better trend.
Ethereum Short-Term Outlook
Current Resistance: 4400.00
Current Support: 4330.00
High Target: 4500.00
Low Target: 4153.00
ETHUSDT 1HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH /USDT
TREND ANALYSIS
We have 1 Downtrend in red color
We have 1 Uptrend in green color
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow Backend 4H level is a level already tested and is not an entry level I added it only for explanation purposes.
Good luck everyone, stay safe!
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ETH/USD: Tumble Lower and Crucial Short-Term Support LevelsETH/USD suffered a swift decline in value this weekend which correlated to the broad cryptocurrency market and is now near important short-term support.
ETH/USD was trading near the 4660.00 mark on the 3rd of December. Selling pressure began to build within Ethereum on the 4th and developed into a flash crash which took the value of ETH/USD to nearly 3475.00 briefly. The price of Ethereum has recovered and, as of this morning, ETH/USD is near the 4100.00 ratio. Velocity has been fast in all of the cryptocurrencies the past couple of days. While yesterday’s reversal higher was significant, ETH/USD actually is traversing near what can be perceived as crucial support levels.
Traders certainly need to recognize the dive ETH/USD took on Saturday regarding its flash crash. But the price of ETH/USD only touched the lower values momentarily and the fact that those lower levels were not sustained is important. However, ETH/USD is still below values it was trading last week and it is now testing support levels which were tested in the middle and end of November.
ETH/USD traded near a record high of almost 4880.00 on the 10th of November, but has seen choppy conditions since then. On the 26th of November, after suffering headwinds following the all-time highs in the second week of the month, ETH/USD was trading near 3915.00 before reversing higher and achieving a ratio of approximately 4785.00 only two days later. Since reaching the 4785.00 price and factored at its current value today, ETH/USD has lost almost 18% of value.
Traders face a difficult decision as the week begins. Volatility is part of the trading landscape for ETH/USD, but its recent price action has seen an increased amount of velocity which means using stop loss and take profit tactics is vital for reasonable outcomes. Speculators who pursue ETH/USD for short-term endeavors know the cryptocurrency is a wager. In order to get solid results with Ethereum traders need to keep realistic goals and not become overly ambitious as they pursue momentum.
If current support levels for ETH/USD begin to look vulnerable near the 4050.00 junctures, traders may again suspect that the 4000.00 ratio is a legitimate target. If values can be sustained below the 4000.00 price this could be considered a negative sign for ETH/USD and lower targets could be tested. Certainly there will be traders who believe upside reversals will develop, but if buying opportunities are being pursued caution is also heavily advised.
Ethereum Short-Term Outlook
Current Resistance: 4233.00
Current Support: 4035.00
High Target: 4412.00
Low Target: 3966.00
ETH Bullish Triple Bottom o I'm just dreaming? Opinions, please!I sincerely wish for a bullish future for ETH, so this makes me wonder if my brain is playing tricks o I see a Bullish triple bottom forming up.
*Strong support level at 38% FIB
BLUE ARROW = BULLISH TRIPLE BOTTOM = Happiness for those with long positions.
RED ARROW MEANS = I have no clue what will happen so, be alert.
Happy trading for everyone.
Ps. I would much appreciate opinions on this idea to grow together, Thanks.
ETHUSDT , Did you sell ?Hello everybody
Did you looked at our analysis and sell your ETH in 4500$ ??
According to the last analysis we published , we shown on chart we should be have another bottom for the future movement of the price
You can buy in around the zone that we shown on chart and wait to reach to the new target
We will update the target in future
Previous analysis :
If you have any question ask us , just send us messages
Good Luck
Abtin
ETH/USD LONG TO NEW ATHEthereum (ETH/USD) came off early in the Asian session as the pair depreciated to the 4523.99 level after trading as high as the 4759 level during the North American session, with the interday high representing the strongest print since mid-November. Buying pressure emerged around the 4350.91 level during the European session, a level that is now right around the 50% retracement of the recent appreciating range from 3950 to 4759. Stops were elected above the 4391.41 level, representing the 50% retracement of the recent depreciating range from 4867.81 to 3915.
ETH/USD bulls continue to focus on upside price objectives including the 4895.12, 5035.94, 5060.87, and 5268.46 areas. Following the recent volatility, downside price retracement levels and areas of potential technical support include the 3759, 3497, 3174, and 3125 levels. Traders are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 100-bar MA (4-hourly) and below the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).
Price activity is nearest the 200-bar MA (4-hourly) at 4407.06 and the 50-bar MA (Hourly) at 4381.60.
Technical Resistance is expected around 4895.12/ 5035.94/ 5060.87 with Stops expected above.
ETHUSDT , This model can happen for the priceHello everybody
In here according to the model of the movement that we shown chart , it made with different model and check it in and ...
According to the different TA in elliott , neowave or price action , the think the price need to have another drop to have healthy recover and correction , then it can be ready to go up and move to the other target
The target will be shown on chart
Dont forget take signal then entrance in any position and buy
If you have any question ask us , if you have any cm tell us :D
Previous analysis of ETH :
Good Luck
Abtin
Ethereum- Was this all?On 10th of November, Ethereum (like a lot of crypto) has started to correct and after a short-lived spike under 4k, EthUsd has started to rise and now is consolidating in a triangle.
I admit I had expected a deeper correction, but the market seems to contradict me...
From a technical point of view, since the low under 4k, Ethereum is putting in higher lows on our chart and we have a clear resistance zone between 4.3k and 4.35k
Once this resistance is broken, ETHUSD can accelerate gains and the focus is a new ATH and 5l zone
At this point, the cryptocurrency should not drop under 4.15k for the bullish scenario to remain valid
Eth- Still bearish in spite of yesterday's rallyYesterday Ethereum has had a strong day with the price rising around 7% from above 4.1k to 4.4k.
However, the structure remains bearish and now we can consider 4.4k strong ceiling for EthUsd.
A new visit to 4k zone is very probable at this moment and, as I said yesterday, a break under 4k would signal a deeper correction and open the door to 3.4 support.
A daily close above 4.4k would change my opinion
Ethereum- 4k is extremely important for bullsLike its bigger brother, Bitcoin, Ethereum also has made a new ATH on the 10th of November and the price has started to correct afterward.
Also in EthUsd case we can see selling pressure and after the 4.4 correcting rally the price has started to drop again.
4k is clear support now and bulls need to keep this intact if they hope for a quick recovery.
Looking at the weekly chart, things are not looking good at all...
The 4.8k is marked by an Evening Star candle formation and a break of 4k would expose 3.4k support. However, a deeper correction in the crypto market can even drive the price to 2.7k
So, as I said, it all depends on this 4k support(Just my opinion).
For now, I maintain my bearish outlook and only price back above 4.4 would change my opinion
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Etherium (ETHUSD) 1HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH/USD
TREND ANALYSIS
We have 2 UPWARD trend in green color
we have1 downward trend in red
The wider the trend the stronger
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
ETHUSDT , Its amazing situation for futures traderHello traders
We are ready to be the best in tradingview for helping you guys , to trader without loss and with learn how to trade in the most principled way possible .
We want to publish this position sooner but we cant published more than 10 chart a day
In multi time-frame we check that the trend was changed to the upward trend and we had some pullback and we should buy because of the trend and our strategy and wait until our target reach and after that we will publish and update new chart for you traders , One of the most important thing is guys check the chart in 15 min or 5 min time frame to have lower lower lower stop loss and nice R/r .
Use stop loss , take signal , observe money management = SECRET OF SUCCESSFUL IN TRADING
Good Luck
Abtin
ETHUSDT , Its time to be ready for buyingHello everybody
According to the chart , you can see the price break the key point level and when the key point broke , the trend will change to the upward and now we should be ready to buy and take long position to the the target that we shown on chart .
At first guys check the chart in lower time frame like 15min and 5 min then take signal like hammer or break trend line or ... then take in position until the target reach and dont forget use stop loss guys
Good Luck
Abtin
Ethereum- A break under 4300 zone provides bearish confirmationSince the ATH from above 4.8k ten days ago, Ethereum has started a bearish trend, with lower highs and lower lows (A correction in fact to the overall trend) and has dropped to the important 4k zone.
The reversal from this low is, in my opinion, just a correction and we can expect a new leg down.
At this moment EthUsd is trading just above important confluence support that lies around 4300-4330 zone, and a break here would bring confirmation for my bearish outlook.
I expect gains to be well capped before 4.5k and a new drop to 4k zone can follow.
I will remain bearish as long as the price is under 4.5k
Ethereum- New leg down on medium term?After reaching a new ATH around 4.9k, Ethereum got tired and started to consolidate in around 5% range.
A break of this consolidation and the rising trend line came on Monday, and the price tumbled under 4k important figure
Now EthUsd is correcting this drop and a new leg down can follow after this correction.
I'm a seller also in Eth case and I will look for opportunities to enter short above 4300
Eth back above 4.5k would change my bearish opinion