Never Fear, Dollars and Senses are Here with a ETHUSD set up
Updated
ETHUSD H COINBASE
Welcome followers. Can your resident ETHUSD experts pick yet another winner. We certainly have another hot looking entry setting up for you. We will be focusing on the H chart but will also post the H and daily as part of this set up.
MY entry is above the previous bar at 875.
Stop loss is below previous lows at 855
Targets are just before the blue lines @ 895, 910 and 947
On the H Chart you can still see the red arrows from our last winner, if you are still in that trade chasing higher Targets you can add this position or just stay in your existing position. The blue arrows show this trade with the extension and then pullback to our level, with the dotted line being the projected next extension.
Currently on the H we can see nice cyclicity with Higher Highs and Higher lows and has pulled back to its 200 Ema (The Green line and 50 ema The red line) as well as the strong black angled line on my chart. That line is a Trend line from the Daily chart, and we have a small breal and retest going on. Note we haven’t closed below since we broke.
On the 4 Hour Chart you can see price has pulled back nicely testing the 50 EMA Red line
On the daily chart you can see the long term trend line we are attacking on the shorter Time Frames
To make dollars you decisions need to make Senses, Time frame support helps lower time frame trades.
Welcome followers. Can your resident ETHUSD experts pick yet another winner. We certainly have another hot looking entry setting up for you. We will be focusing on the H chart but will also post the H and daily as part of this set up.
MY entry is above the previous bar at 875.
Stop loss is below previous lows at 855
Targets are just before the blue lines @ 895, 910 and 947
On the H Chart you can still see the red arrows from our last winner, if you are still in that trade chasing higher Targets you can add this position or just stay in your existing position. The blue arrows show this trade with the extension and then pullback to our level, with the dotted line being the projected next extension.
Currently on the H we can see nice cyclicity with Higher Highs and Higher lows and has pulled back to its 200 Ema (The Green line and 50 ema The red line) as well as the strong black angled line on my chart. That line is a Trend line from the Daily chart, and we have a small breal and retest going on. Note we haven’t closed below since we broke.
On the 4 Hour Chart you can see price has pulled back nicely testing the 50 EMA Red line
On the daily chart you can see the long term trend line we are attacking on the shorter Time Frames
To make dollars you decisions need to make Senses, Time frame support helps lower time frame trades.
Note
Dont delay this entry is setting up NOWTrade active
Steady progress towards out TargetNote
Good news on ETHUSDWhile we have had a pullback in price we have seen tow techinal developments on the chart.
1/ The 50 EMA has crossed the 200 EMA for Bullish order.
2/ Price is bouncing off the 50 EMA
WE will continue to watch and look for buying.
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