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ETHGBP

#ETH/USDT 2HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. #ETH/USDT UPDATE:) ETH is forming an inverted Adam and Eve pattern which is generally a bearish pattern. Because ETH is still holding the $1020 support level. We can expect it to reach the $990 level once it breaks below the $885 support level. This pattern becomes invalid if ETH breaks out and closes above the $1060 level. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
ETH Short-Term Scalp off Strong SupportHere's a short-term scalp opportunity I'm taking on ETH. This is a terrible looking chart, but ETH is down over 50% since its April high without a single bounce. It's hitting a pretty strong support area around $1800. I think we have at least a short-term rally before the Fed's announce in June which will likely be to raise rates again. This will probably lead to further selling off of all the markets, which is why this is a short-term scalp. However, if this occurs, I think it will be an unbelievable opportunity to scoop up so very cheap ETH before the Merge upgrade in August. Let's not forget that ETH is one of the only deflationary cryptos out there. It has burned 2.3mil ETH (or $4.2bil) since the EIP-1559 launch last August! Looking at the Fib retracement, it may be wishful thinking to hit $2400 but I'm aiming for the .382 level before the announcement. At least this is my game plan.
Long
by jpbrown1023
#ETH/USDT 6Hr UPDATE BY CRYPTOSANDERS!!Hello, dear traders welcome to this ETH/USDT chart analysis. Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends. #ETH/USDT analysis:- As we can see in the above-mentioned chart that ETH is trading inside a parole Chanel and broke the mid dotted trend line support. Now here I am expecting a drop till the lower trend line support this channel pattern. A candle that closes below the lower trend line will change the market sentiment. Remember:- This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade. Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits. Thanks.
by CryptoSanders9563
2
*******Ethereum Weekly Cypher - Case for long entry***********ETH has showed rejection at a weekly cypher pattern and also tested a monthly support zone Looking for initial targets at a re-test of the highs gives us a nice RR for position 1, and for the more aggressive you can aim for extended targets with a 2nd position Stops ticked below the monthly support Personally I have entered and bought more Ethereum and have used this as entry into a longer term investment (5-10 years) but have shown potential targets for a shorter duration exit
COINBASE:ETHUSDLong
by Gary_Nomad
ETHGBP D1 - Short SetupETHGBP D1 Again, another setup taken from last week, higher timeframe daily candles take a little longer to unfold, obviously. However, new week, it's important to highlight the full watchlist from the start and follow through what unfolds as expected! More aggressive selling pressure on ETH as compared to BTC. Hopefully we see a bounce from £2300 up towards maybe £2500, before then selling off and breaking £2300 support with the potential to head down towards that £2000 region.
Short
by Trade_Simple_FX
ETHGBP D1 - Long Setup (DCA)ETHGBP D1 Very much the same investing stance on ETH as we have on BTC. We are looking for these daily support trading zones where we can look to average our entries to increase our position size. The first support region (DCA entry point) would be £2350 ish, or as low as possible around the support region, you'll note we dipped to £2300. A break beyond this trading zone would take us to around £2000, which again, would be a region where we look to further DCA. Typically DCA on funds closed from previous highs and overperforming instruments. Close high, add low.
Long
by Trade_Simple_FX
ETH Broke the Uptrend - What's Next for Ethereum?What's up Ethereum fans?! Taking a look at the 4H ETHUSDT chart, you can see that the price broke the uptrend which is usually a sign of a bearish breakdown. The trend which was once support is now resistance and is currently rejecting the price. Not good. However, you can see from the original uptrend (dotted yellow) that ETH broke down from it, and moved on to make a new high. So there is a possibility that ETH continues to flag and move on upward. But be wary of the price. My line in the sand is $3100. I think if the price falls below that, the writing is on the wall for ETH and we're destined for sub $2900 prices. Have your stop losses ready so you can buy it back up on the cheap.
by jpbrown1023
3
ETH - One More Drop; then it's time to moon Part 2So my previous idea was invalidated, sad to say i didn't add on to my existing longs... but importantly i didn't lose any capital! My alternative count is now in play, i see this as Wave B of Wave 2 (Wave 1 start on March lows). I am now expecting a Wave C to form. Before shorting i will be waiting for confirmation on lower time frames; shorting here is risky for sure. Please note that Y wave of (B) may not yet be over yet, continuation may lead to £218 before reversing. If we see price start to decline; T1 £185.52 T2 £169.16 Hopefully this plays out, if not there is a more bullish count that can be argued here but this is now my primary count. Longer term swing targets remain unchanged.
Long
by sliceofsatoshi
3