The BEST Trade For #Ethereum That You Can Take Right Now Heading Into 2022, Don’t Miss This #ETH

What's up everybody? Welcome back to The Art of Crypto, the birthplace of absolutely legendary gains. In this video, we are going to take a look at Ethereum, and I will tell you exactly what trait you should be looking at. Is Ethereum bullish or bearish right now? If you want to figure all of that out, make sure you stick around to the end of this video. And if you haven't already followed me on Twitter at _TheArtOfCrypto yet, this This is where I'm sharing you know just latest market updates and as well as just any coins I might be looking at. So if that's something you're interested in, make sure you head over to Twitter because it does take quite some time to make a video and you know the latest stuff is going to be shared on Twitter. So without any further ado, let's dive right into Ethereum. So if you remember about a couple of weeks ago, I made a video or rather I was on a live stream right after the dump. And if you want to check out that live stream, by the way, I give you guys a lot of tips and tricks about. how to deal with liquidation events and how to prevent that, as well as how to recover from losing your money after, you know, a big crash, something like this. If that's something you're interested in, I'll link it on the top right-hand corner. But otherwise, back then I said that if Ethereum got all the way back to here, right, what you wanna do is you wanna look for a short. And I even gave the exact block where you should look for a short. And look at this, you cannot make this stuff up. I called it. And, you know, ever since then, you know, it has dumped by quite a good margin. So that's about 18%. So right now we have to figure out what next for Ethereum. Are we still bearish? And I'm going to not beat around the bush and tell you immediately that just like on Bitcoin, I am bullish on Ethereum, right? For Bitcoin and Ethereum, I do believe that back then I was one of the only ones saying that November and December were not going to be good months for crypto. And that has came true so far. I don't know if anybody else was saying that, but I definitely was. And I am also the same person that is saying that the you know, the first 6 months of 2022 are going to be good for crypto. And if you want to understand more about how to trade Bitcoin heading into the last 11, 10 days of this year, then I'll link the video on the top right-hand corner as well. But for now, Ethereum, I am bullish for a couple of reasons, right? And I'll get into that. So the first of which is, you know, if you just draw a trend line, something like that, you can see that Ethereum has recently just broken out of the trend line. Currently, it looks to be retesting that trend line, and, you know, The next way is up, right? And at the moment, you know, Ethereum has just been, you know, it's a mess, right? You don't really get such volatile price action on Ethereum or any other, you know, large-cap coins that often. But, you know, on Ethereum, you're definitely getting it. So let's discuss like a couple of entries, right? The first of which is you could absolutely, absolutely go long right here, place your stop loss literally like right below this level, and, you know, just ride this thing up to about a 4161, right? Which is the previous high, or you could even look at— let me just draw this out— about 4110 and 4161, right? Both of these are going to be the take profit targets if you were to go long right now with a stop loss below the trend line. This is going to be the first entry. You know how I always like to say, you know, either you buy along with the breakout or you buy the retest, right? The retest is going to be much safer than the breakout. So right now it does look like we have retested the trend line, and you know, it might seem that we are going up, And I will get into the implications of what's going to happen if Ethereum really pushes for $5K, which I do believe is going to happen, right? No way Ethereum does not hit $5K in this run, okay? So it's going to happen, and this could be the start of it. So the second entry, which I would much, much prefer that you guys pay attention to, is if I just draw a fib, okay, from this swing low right there to that swing high right there. I know it's still like— there's still 2 hours until this candle is confirmed to be the swing high. But assuming that this is going to be the swing high, you draw a Fib from that swing low to that swing high right there, and you're going to want to pay attention to the 0.705 or the 0.618. And as you can see, there is a bullish order block right at this level right here. And the reason why bullish order blocks always fall between the 0.618 and the 0.705 is just market makers, okay? They're the ones who do stuff like this. They do it intentionally, okay? Every time you see a pump that breaks market structure, you will always find an order block coming back to, you know, the 0.618 or the 0.705. So what I'm trying to get at here is that in the event that Ethereum were to retrace back to this level right here, even though it might break the trend line, but this is going to be the entry that we, you know, at least with my methodology of sniping bottoms, this is going to be the entry that I'm going to want to look for. And if you want to learn more about how to use order blocks to get the exact bottom, just like how I was able to get the exact top for Ethereum, as well as the exact bottom over here, right? Remember, I talked about this block for months, months. To those of you who set limit orders at 3550, congratulations, right? That is really close to the bottom, right? And the method which I use to determine bottoms is order blocks. And if you want to figure out exactly, you know, if you just want an introduction about how order blocks work, I'm going to link a video in the top right-hand corner. And if you want the full course on order blocks and how to use my methodology, like market maker stuff, check out the private Discord group. where you're going to get access to the trading course, the full one over there. But I'm going to get into that later. For now, let's get back into the video. So that's going to be the entry that you're going to want to pay attention to for Ethereum, right? If it retraces back here, that's going to be the entry. As for the take profit target, in my humble opinion, it is going to target about $4,340, right? If you get this entry right here, the first TP target is going to be $4,050 because this is the previous high, right? But once you break this previous high, I'm I think this one's irrelevant. You're going to go straight to $4,161. So the take profit targets for this trade is if you place a limit order over there, right? I'm going to set my stop loss below this low right here, which would give us a stop loss of about 2.73%. For Ethereum, I understand that that may be quite large, but the risk-to-reward ratio still adds up. Even if we just hit the first take profit target, it's going to be a 2:1 risk-to-reward ratio. And if it's, you know, any higher, it's going to be even better. So this is 3, right? The second take profit target is going to be at about $4,160. And the third take profit target is going to be at $4,330 or $4,335 at this block right here. That is going to be my third TP target. And then I'll just leave the rest as a moon bag. You could choose to absolutely close your entire position here because what's likely going to happen is Ethereum is going to go into a short-term pullback before going the next move up. If you were a swing trader, I would just maybe hold on to that moon bag, wait for the retracement to be done, and then it's going to target $5K. But if you're not a swing trader, Then you can absolutely close it here and you know re-enter over there. Okay, and I'm going to make a video about that about that entry. Right? We're going to catch the bottoms together, and if that's something you're interested in, make sure you comment down in the comment section ETH. Right? It's a really small gesture this comment, but you know it really helps me a lot. And drop a like while you're at it. So that's going to be the entry that I'm going to be looking at for Ethereum, which is going to give us about a 4.5 risk to reward ratio. So now let's talk about you know. What if, what if it starts dumping again? What if there's going to be a liquidation event? In my humble opinion, that is not going to happen. But, but just in case it happens, just in case, because we always want to be prepared for whatever that might happen in the market, I'm going to want to find the Ethereum bottom in this block right here, right between 3175, 3050, and 2952. Honestly speaking, I don't expect 2952 to be hit, So honestly, it's just these 2 levels right here. It would benefit you greatly to set a limit order at these 2 levels. Frankly speaking, I'm not expecting Ethereum to go through another liquidation event, honestly speaking. But if it does, these 2 levels are going to be the exact bottom, right? And it would also benefit you to set a limit order at about $3,400. This is where you have a lot of previous lows over here, very equal lows, which means there's a lot of liquidity right here, which means the market makers are going to Well, if assuming that order flow is still bearish— and again, if you want to figure out exactly what I mean by order flow and exactly how to read when a market is bullish or when the market is bearish and what happens, like why do the market makers like to push the price like just exactly just a tiny bit above here, why do the market makers like to push the price just a tiny bit below this low or even this low right here— if you want to figure out all of this and how the markets are manipulated, I'm going to link a video on the top right-hand corner check it out. It's going to give you a primer on how order blocks and order flow works from the perspective of a market maker. But just to give you like a really short summary of that, you know, I do think that if it hits— I mean, sorry, there's going to be a lot of liquidity below this level. So assuming that order flow is still bearish on a higher timeframe, which, you know, clearly we are still bearish on a higher timeframe until we break, you know, 4110, we are technically— you could say that we are already bullish, right? We bullish reversal has started already, just like how the scenario that I gave you for Bitcoin yesterday was. So yeah, right now, even though order flow is bullish, but assuming it's bearish, then it's going to target this level right here. So you could absolutely place a limit order at $3,400, right? Take advantage of that wick, right, that stop hunt wick, and then take advantage of the bounce, right? You're easily going to get like a 10-20% bounce from— maybe not 20%, but at least 10%, right, if you place it at this level. And for these 2 levels right here, if you happen to get it between $3,175— in fact, $3,175 and $3,050— just hold on to that. Just hold on to that position for real, man. That is going to be the bottom for a very long, like, very long amount of time. Just trust me on that one. If you get it here, right, it's going straight to $5K, straight going to $5.7K and even $6.5K, which is, uh, which is a Fib level that I come— when I came to, right? And again, we're gonna make some money together. Right? The last time I was telling you guys that this was going to be the bottom, I really hope— like, that was months ago, right? Almost 3 months ago, which is a really long time in crypto. But I told you guys this was the bottom. We all entered between these 2 blocks right here. If you didn't, well, this is going to be the next entry, right? But if you did, congratulations. Then I called this one as the bottom. I really hope I helped some people out here, you know, with these entries. I called them months in advance. Yeah, it's all right, I'll stop talking about that. What I am going to talk about though is If you're serious about taking your trading to the next level, check out the private Discord group. This is where I'm not only sharing all the coins that I'm looking at as well as, you know, just market updates pretty much in real time. I'm going to tell you, hey, is today a good day to be trading or is it better to be patient? Over here you're going to get access to follow along with all my trades as well. I'm going to give you the exact entries and stop losses as well as the TP targets, just like on YouTube. And then, well, let's just say we're making money literally every single day, so it's probably going to pay itself off Really quickly. If you're interested, check out the link in the description below and follow me on my Twitter to get news about when I will be opening up the monthly subscription. Will be before Christmas; that's just a little hint. But if I ever you know do open it up, it's going to be on Twitter. So make sure you follow me on Twitter at underscore the art crypto. And just to dive into one last part before I end of this video, earlier I mentioned that I would cover about you know how altcoins, how this is going to affect altcoins. If Ethereum were to start going bullish like that. If it does, right, you're really going to want to enter your altcoins at this level right here. Because similarly to how Bitcoin is going to be retesting this block right here before going up, when Bitcoin goes down, everything goes down. But eventually, once it goes up, everything goes up. So I do think that I still seriously, I've been saying this for a while now and sometimes even I doubt myself, but 2022 is gonna be a good year for crypto, especially the first half of 2022. So any entries that, you know, this might be your last chance to, you know, board the rocket ship before it takes off. And that applies to all of the altcoins as well. So if this video has been helpful to you so far, make sure you drop a like in the comment section below. For now though, may the gains be with you, my friends, and peace.