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ETH - The Support Is Still Holding 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH is still hovering around the daily support 1650.0 📈 For the bulls to take over again, and reject the daily support, we need an H4 momentum candle close above the last high in green around 1708 📉 In parallel, if the blue support is broken downward with a momentum candle close, we will expect further bearish movement till the around the 1500 support to fill the wick! For now, we wait ⏱ Which scenario do you think is more likely to happen? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
21
ETH - Boring Range Until... 🕝Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart As per my last analysis, we know that ETH is approaching a strong rejection zone as it is the intersection of a horizontal support in green and lower trendlines in blue and red. So we will be looking for buy setups on lower timeframes. on H4: Right Chart 🏹 For the bulls to take over from a short-term perspective, we need a break above the previous major low in orange. Meanwhile, ETH can still trade lower till the daily green support. Which scenario do you think is more likely to happen first? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
19
ETH - Wait For The Trigger 🔫 Analysis #33/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH has been stuck inside a range between 1500 support and 1700 resistance. Now ETH is sitting around 1700 - 1730 resistance zone. 🏹 For the bulls to take over, we need a momentum candle close above 1730 Meanwhile, if we break below 1650, a correction till 1500 support would be expected where we will be looking for new buy setups. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
31
ETH - Critical Resistance Ahead!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH has been stuck inside a range between our 1500 support and 1700 resistance. Currently, Ethereum is sitting around the 1700 resistance. 🏹 For the bulls to remain in control , we need a Daily Candle Close above 1700. In this case, further bullish movement would be expected. Meanwhile, if we break below the last H4 low in orange , then we will be expecting ETH to reject the 1700 resistance to test the 1500 support again. In this case, as ETH approaches the 1500 support, we will be looking for new short-term buy setups as we did previously. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
17