Ethereum LONG / SHORT ?? Bull market Finished? Check it here!
Dear traders, here is a new analysis for Ethereum.
Ethereum has fallen out of the rising triangle and that means a possible further decline. There are several patterns that point to that decline.
We see a Diamond that has broken out. Ethereum is also forming a head shoulder formation with now the right shoulder in the making.
If Ethereum stays above the orange "Last hope trend line + Ultimate support", thenis definately still with the Bullish scenario.
See Green arrow trajectory! The LONG target possibly with 36 hours.
Short only if the following conditions are met and confirmed:
---> Warning - Caution <----
So the SHORT scenario starts only after the last trendline (LAST HOPE TRENDLINE and Ultimate support has been broken through!
Only AFTER that, the following targets and opportunities to short come into view.
---> That will also automatically close the LONG position and go SHORT <---
I have not a single problem with reversing the long to short if needed. Trade what you see, not what you think!
First targets:
Targets, 2540. 2468, 2395, 2335, 2271, 2184, 1891, 1730
Different ways to short here at confirmation:
1. After a breakout below the orange neckline.
2. Upon a retest of the orange neckline.
3. After a retest of the green broken rising trend line.
Good luck traders!
Disclaimer Traders this is my view, no advice to buy or sell. Also always do your own research!
--->> Traders please follow me for updates and give me support with a like 👍 if you like me to continue this work. Thanks 💚
Ethereum has fallen out of the rising triangle and that means a possible further decline. There are several patterns that point to that decline.
We see a Diamond that has broken out. Ethereum is also forming a head shoulder formation with now the right shoulder in the making.
If Ethereum stays above the orange "Last hope trend line + Ultimate support", thenis definately still with the Bullish scenario.
See Green arrow trajectory! The LONG target possibly with 36 hours.
Short only if the following conditions are met and confirmed:
---> Warning - Caution <----
So the SHORT scenario starts only after the last trendline (LAST HOPE TRENDLINE and Ultimate support has been broken through!
Only AFTER that, the following targets and opportunities to short come into view.
---> That will also automatically close the LONG position and go SHORT <---
I have not a single problem with reversing the long to short if needed. Trade what you see, not what you think!
First targets:
Targets, 2540. 2468, 2395, 2335, 2271, 2184, 1891, 1730
Different ways to short here at confirmation:
1. After a breakout below the orange neckline.
2. Upon a retest of the orange neckline.
3. After a retest of the green broken rising trend line.
Good luck traders!
Disclaimer Traders this is my view, no advice to buy or sell. Also always do your own research!
--->> Traders please follow me for updates and give me support with a like 👍 if you like me to continue this work. Thanks 💚
Сделка активна:
Dear Friends, I loaded the boat with ETH! Just wanted to share that info with you.
Of course NO trading advice just my own trade !
A risk yes but that is trading! Stop loss and I go happely sleep to count the profits tomorrow. I am tired now ;-)
Of course NO trading advice just my own trade !
A risk yes but that is trading! Stop loss and I go happely sleep to count the profits tomorrow. I am tired now ;-)
Комментарий:
Hello dear traders,
Here is an update for Ethereum.
Guys, I have loaded the boat right at the bottom and I told you so in my updates. The fear index at its lowest and many other bullish signs (see my updates).
This is the proof once again that the herd is always wrong. I can see how little interest my post had with a handfull of likes thanks to a few traders/ friends only.
To be honest, it does not really motivates me.
Back to ETH. Much higher targets are in place. First target +3000. The second Bull can begin. Traders do your research, do not listen and follow blindly. Only with your own research you can get results. Dont ever trade as a beginner with leverage, without stops, without money mangement. 1 / 2 % max. of your capital in a trade. Note that 10 trades is not 10 times 1 or 2% risk. Devide it then by 10 because the whole crypto market is one. Just my advice!
By the way, I also see the head and shoulders but it will porbably (no guarantee) fail with anopposite reaction. A failed pattern is an even better indicator!
This is NO trading advice, just my own personal trades.
Good luck and happy trading friends!
Here is an update for Ethereum.
Guys, I have loaded the boat right at the bottom and I told you so in my updates. The fear index at its lowest and many other bullish signs (see my updates).
This is the proof once again that the herd is always wrong. I can see how little interest my post had with a handfull of likes thanks to a few traders/ friends only.
To be honest, it does not really motivates me.
Back to ETH. Much higher targets are in place. First target +3000. The second Bull can begin. Traders do your research, do not listen and follow blindly. Only with your own research you can get results. Dont ever trade as a beginner with leverage, without stops, without money mangement. 1 / 2 % max. of your capital in a trade. Note that 10 trades is not 10 times 1 or 2% risk. Devide it then by 10 because the whole crypto market is one. Just my advice!
By the way, I also see the head and shoulders but it will porbably (no guarantee) fail with anopposite reaction. A failed pattern is an even better indicator!
This is NO trading advice, just my own personal trades.
Good luck and happy trading friends!
Сделка закрыта: достигнута тейк-профит цена:
Position closed traders
Комментарий:
Will make a new analysis later.
I am still long. The market just hit the 0.618 fib level which can be a good bounce indicator. Remember when Bitcoin went to 30000? That was also a 0.618 fib level and it bounced. We can see also a double bottom and the2 bullish rising wedges in BTC.
Therefore, I say the decline is almost over but that is my view, I can be wrong and that is perfectly fine. If my stop is hit, I can buy it with discount :-) If not take profit on the other side. Perfect!
Happy trading guys!