Ethereum Analyze (Short term)!!!
Updated
I want to share Ethereum Analyze with you (Short term Analyze), I hope that it is an useful Analyze.
I can see Bearish Three drives pattern on ETHUSD chart + Evening star Pattern (Especially on 1H)+ Divergence Between Volume and Price + Heavy cluster (Resistance) near current Price+ ADX=22.72(TF=1H), means up trend's strength is too low.
Also I can see Rising Wedge on Ethereum/Bitcoin (I will publish picture of it on comment).
As result, according to above Reasons, I expect that price will reverse soon.
My Suggestion: you can Find best Triggers for open Short positions.
Take profits for short positions can be Around 2339$ & 2294$
Do not Forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea , and I will be glad to see your ideas on this post.
Please do not forget 'like' button :), Thanks and Trade safe.
Good luck
I can see Bearish Three drives pattern on ETHUSD chart + Evening star Pattern (Especially on 1H)+ Divergence Between Volume and Price + Heavy cluster (Resistance) near current Price+ ADX=22.72(TF=1H), means up trend's strength is too low.
Also I can see Rising Wedge on Ethereum/Bitcoin (I will publish picture of it on comment).
As result, according to above Reasons, I expect that price will reverse soon.
My Suggestion: you can Find best Triggers for open Short positions.
Take profits for short positions can be Around 2339$ & 2294$
Do not Forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea , and I will be glad to see your ideas on this post.
Please do not forget 'like' button :), Thanks and Trade safe.
Good luck
Note
Rising Wedge on Ethereum/Bitcoin
Note
RR=1.7 & 2.37
Do not Forget to put Stop loss for your position
Trade closed: stop reached
This happen is Normal :)Note
Ethereum/Bitcoin is on end of way.
Note
New update for ETHUSDT
Note
New post for ETH.
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🎁Signup for 30% Commission Futures Fees and 25% Bonus.👉
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