😵 Short 🔴 : Ethereum (ETH) Analysis: Strong Buyer Support at 200EMA, Potential Short Opportunity
Pair: #ETHUSDT.P
Interval: 1D
Date: 04/11/2024 09:28
Exchange:
Ethereum is currently being influenced by the 100&200EMA, with buyers facing challenges in breaking through the sideways trading pattern. The EMAs are exerting downward pressure on the price, potentially causing a breakdown of the local support zone. The focus is on the support zone breach over the EMAs, followed by a confirmation re-test for a strategic short position.
#ETHUSDT.P is tradable on BingX 🚀💰
#ETHUSDT.P | #ETH | #BingX
Pair: #ETHUSDT.P
Interval: 1D
Date: 04/11/2024 09:28
Exchange:
BingXEthereum is currently being influenced by the 100&200EMA, with buyers facing challenges in breaking through the sideways trading pattern. The EMAs are exerting downward pressure on the price, potentially causing a breakdown of the local support zone. The focus is on the support zone breach over the EMAs, followed by a confirmation re-test for a strategic short position.
#ETHUSDT.P is tradable on BingX 🚀💰
#ETHUSDT.P | #ETH | #BingX
😵 Short 🔴 : Ethereum (ETH) Faces Selling Pressure at Trend Line
Pair: #ETHUSDT.P
Interval: 1W
Date: 04/11/2024 09:13
Exchange:
The bullish trend line is being pressured by sellers, indicating potential weakness. Previously a zone of high volume and upward movement, sellers now appear dominant and may break the trend, moving below the 200EMA. A lack of buyer volume this week could signal a trend reversal.
#ETHUSDT.P is tradable on BingX 🚀💰
#ETHUSDT.P | #ETH | #BingX
Pair: #ETHUSDT.P
Interval: 1W
Date: 04/11/2024 09:13
Exchange:
BingXThe bullish trend line is being pressured by sellers, indicating potential weakness. Previously a zone of high volume and upward movement, sellers now appear dominant and may break the trend, moving below the 200EMA. A lack of buyer volume this week could signal a trend reversal.
#ETHUSDT.P is tradable on BingX 🚀💰
#ETHUSDT.P | #ETH | #BingX
😵 Short 🔴 : "Forecasting Ethereum's Future Trajectory"
Pair: #ETHUSDT
Interval: 60
Date: 05/11/2024 09:14
Exchange:
ETH is currently within a descending channel with no indication of a breakout. A potential rise is expected until it reaches the gray area, where a price decrease might occur. Future price movement in relation to the gray area remains to be seen.
#ETHUSDT is tradable on Binance 🚀💰
#ETHUSDT | #Ethereum | #Binance
Pair: #ETHUSDT
Interval: 60
Date: 05/11/2024 09:14
Exchange:
BinanceETH is currently within a descending channel with no indication of a breakout. A potential rise is expected until it reaches the gray area, where a price decrease might occur. Future price movement in relation to the gray area remains to be seen.
#ETHUSDT is tradable on Binance 🚀💰
#ETHUSDT | #Ethereum | #Binance
😶 Neutral 🟡 : "Critical Juncture for Ethereum: Analysis of Potential Turning Point"
Pair: #ETHUSDT
Interval: 1D
Date: 05/11/2024 12:06
Exchange:
ETH is currently situated near the lower boundary of its range, forming an ascending triangle. A continuation towards the upper bound is expected as long as the lower trendline remains intact. A potential dip towards the $2,000 - $2,100 weekly support is anticipated if the red major low at $2,300 is breached. The likelihood of each scenario unfolding first remains uncertain. Trading decisions should be guided by individual trading plans.
#ETHUSDT is tradable on WhiteBIT 🚀💰
#ETHUSDT | #Ethereum | #WhiteBIT
Pair: #ETHUSDT
Interval: 1D
Date: 05/11/2024 12:06
Exchange:
WhiteBITETH is currently situated near the lower boundary of its range, forming an ascending triangle. A continuation towards the upper bound is expected as long as the lower trendline remains intact. A potential dip towards the $2,000 - $2,100 weekly support is anticipated if the red major low at $2,300 is breached. The likelihood of each scenario unfolding first remains uncertain. Trading decisions should be guided by individual trading plans.
#ETHUSDT is tradable on WhiteBIT 🚀💰
#ETHUSDT | #Ethereum | #WhiteBIT
😵 Short 🔴 : Ethereum (ETH) Declines by 11% Approaching Second CME Gap
Pair: #ETHUSDT.PS
Interval: 240
Date: 05/11/2024 13:43
Exchange:
The price has fallen and continues to decline towards the second CME gap, following a recent break of the bullish trend. Re-test attempts are currently observed. Further movement to lower zones is anticipated, with focus on the second CME.
#ETHUSDT.PS is tradable on BingX 🚀💰
#ETHUSDT.PS | #ETHEREUM | #BingX
Pair: #ETHUSDT.PS
Interval: 240
Date: 05/11/2024 13:43
Exchange:
BingXThe price has fallen and continues to decline towards the second CME gap, following a recent break of the bullish trend. Re-test attempts are currently observed. Further movement to lower zones is anticipated, with focus on the second CME.
#ETHUSDT.PS is tradable on BingX 🚀💰
#ETHUSDT.PS | #ETHEREUM | #BingX
😶 Neutral 🟡 : Analysis: Ethereum (ETH) Anticipates Modest Upward Trend
Pair: #ETHUSDT.PS
Interval: 240
Date: 06/11/2024 10:04
Exchange:
Ethereum experienced a positive surge following the US election results. Although it did not reach its all-time high, the push was partially successful. What is notable is that upon breaking the zone of EMAs, re-tests were skipped, and the price headed directly for the upper resistance zone, where it faced rejection. Currently, there is anticipation for further upward movement towards the resistance zone, with expectations of a subsequent downward movement to fill a second CME gap, similar to the recent filling of the first gap.
#ETHUSDT.PS is tradable on BingX 🚀💰
#ETHUSDT.PS | #ETHEREUM | #BingX
Pair: #ETHUSDT.PS
Interval: 240
Date: 06/11/2024 10:04
Exchange:
BingXEthereum experienced a positive surge following the US election results. Although it did not reach its all-time high, the push was partially successful. What is notable is that upon breaking the zone of EMAs, re-tests were skipped, and the price headed directly for the upper resistance zone, where it faced rejection. Currently, there is anticipation for further upward movement towards the resistance zone, with expectations of a subsequent downward movement to fill a second CME gap, similar to the recent filling of the first gap.
#ETHUSDT.PS is tradable on BingX 🚀💰
#ETHUSDT.PS | #ETHEREUM | #BingX
🤩 Long 🟢 : Anticipating Upward Momentum in ETHUSDT from Key Support Zones
Pair: #ETHUSDT
Interval: 1W
Date: 06/11/2024 16:55
Exchange:
ETHUSDT is currently being traded at a key support trendline, where consolidation has been observed for the past 90 days. The 100-day and 200-day EMAs are providing strong support on the weekly chart, affirming this area as a crucial foundation for price stability. Moreover, a former resistance level has transformed into a robust support, enhancing the probability of an upward movement. With these signals, a bullish move may be expected from the present levels if buying pressure rises.
#ETHUSDT is tradable on Binance 🚀💰
#ETHUSDT | #Ethereum | #Binance
Pair: #ETHUSDT
Interval: 1W
Date: 06/11/2024 16:55
Exchange:
BinanceETHUSDT is currently being traded at a key support trendline, where consolidation has been observed for the past 90 days. The 100-day and 200-day EMAs are providing strong support on the weekly chart, affirming this area as a crucial foundation for price stability. Moreover, a former resistance level has transformed into a robust support, enhancing the probability of an upward movement. With these signals, a bullish move may be expected from the present levels if buying pressure rises.
#ETHUSDT is tradable on Binance 🚀💰
#ETHUSDT | #Ethereum | #Binance
😵 Short 🔴 : Analysis of Ethereum (ETH): Breaking Key Zones - Impending Decline or Potential Rally?
Pair: #ETHUSDT.PS
Interval: 240
Date: 07/11/2024 11:21
Exchange:
Ethereum has been broken from the zone of Dollar Cost Averaging (DCA), potentially indicating a fakeout movement. Major zones have been surpassed without re-testing, suggesting an unsustainable upward trend. Two possible scenarios: a return below the DCA zone leading to a downward movement, or a smaller re-test followed by breaking higher zones for continued price increase.
#ETHUSDT.PS is tradable on BingX 🚀💰
#ETHUSDT.PS | #ETHEREUM | #BingX
Pair: #ETHUSDT.PS
Interval: 240
Date: 07/11/2024 11:21
Exchange:
BingXEthereum has been broken from the zone of Dollar Cost Averaging (DCA), potentially indicating a fakeout movement. Major zones have been surpassed without re-testing, suggesting an unsustainable upward trend. Two possible scenarios: a return below the DCA zone leading to a downward movement, or a smaller re-test followed by breaking higher zones for continued price increase.
#ETHUSDT.PS is tradable on BingX 🚀💰
#ETHUSDT.PS | #ETHEREUM | #BingX
😵 Short 🔴 : Updated Ether Premium 5X Short: Potential 192% Gain
Pair: #ETHUSDT
Interval: 1D
Date: 08/11/2024 06:42
Exchange:
In a previous publication for ETHUSDT, the mistake of setting the first target too far from the entry price was made. While advanced traders could still secure profits, it was acknowledged as an error. An update on the ETHUSDT short with revised targets and entry price is now being provided. The market conditions remain unchanged.
A major correction is unfolding from the March high, with the August crash resulting in a bearish flag. ETHUSDT has tested MA200 as resistance, which has held thus far. The overall sentiment is bearish, with expectations of lower prices in the coming days.
The progression from October 2023 to March 2024 showed gradual growth, whereas the recent three days exhibited significant market reactions. The trade plan includes a leverage of 5X, entry levels at $3,250 and $2,800, and multiple target levels decreasing in value. A stop-loss is set at a weekly close above $3,333, with potential profits estimated at 192% and a capital allocation of 3%.
Individual research and planning are advised, as the writer disclaims responsibility for readers' actions. The information is presented for educational and entertainment purposes and should not be taken as financial advice.
#ETHUSDT is tradable on Bybit 🚀💰
#ETHUSDT | #ETHUSDT SPOT | #Bybit
Pair: #ETHUSDT
Interval: 1D
Date: 08/11/2024 06:42
Exchange:
BybitIn a previous publication for ETHUSDT, the mistake of setting the first target too far from the entry price was made. While advanced traders could still secure profits, it was acknowledged as an error. An update on the ETHUSDT short with revised targets and entry price is now being provided. The market conditions remain unchanged.
A major correction is unfolding from the March high, with the August crash resulting in a bearish flag. ETHUSDT has tested MA200 as resistance, which has held thus far. The overall sentiment is bearish, with expectations of lower prices in the coming days.
The progression from October 2023 to March 2024 showed gradual growth, whereas the recent three days exhibited significant market reactions. The trade plan includes a leverage of 5X, entry levels at $3,250 and $2,800, and multiple target levels decreasing in value. A stop-loss is set at a weekly close above $3,333, with potential profits estimated at 192% and a capital allocation of 3%.
Individual research and planning are advised, as the writer disclaims responsibility for readers' actions. The information is presented for educational and entertainment purposes and should not be taken as financial advice.
#ETHUSDT is tradable on Bybit 🚀💰
#ETHUSDT | #ETHUSDT SPOT | #Bybit
🤩 Long 🟢 : Analysis: Potential Upward Trend Reversal in Ethereum (ETH)
Pair: #ETHUSDT.PS
Interval: 240
Date: 08/11/2024 11:00
Exchange:
Ethereum has been influenced by recent elections, with signs of price improvement despite not reaching its all-time high. A switch to a new strategy is being observed following a significant breakout of resistance with re-testing. Anticipated movement towards the CME gap may be followed by a minor correction to address the overbought RSI, presenting a potential buying opportunity. Support and resistance zones should be closely monitored.
#ETHUSDT.PS is tradable on BingX 🚀💰
#ETHUSDT.PS | #ETHEREUM | #BingX
Pair: #ETHUSDT.PS
Interval: 240
Date: 08/11/2024 11:00
Exchange:
BingXEthereum has been influenced by recent elections, with signs of price improvement despite not reaching its all-time high. A switch to a new strategy is being observed following a significant breakout of resistance with re-testing. Anticipated movement towards the CME gap may be followed by a minor correction to address the overbought RSI, presenting a potential buying opportunity. Support and resistance zones should be closely monitored.
#ETHUSDT.PS is tradable on BingX 🚀💰
#ETHUSDT.PS | #ETHEREUM | #BingX