ETH - short !!!ETH has followed bitcoin as it usually does with this massive market sell of ! we have now hit a key support at 1400 im expecting a bounce here and market to begin to make a correction after the correction and market forms a new lower high (restesting the breakout) we will have a nice short trade opportunity!
Ehtereum
ETH! Last Chance for Cheap prices?As we can see ETH is in a bearish rising wedge pattern with RSI levels getting lower as the price is increasing. As per technical indicators, we are looking for a bearish move to the downside into our green buy box.
If we break to the upside of the resistance ETH can make a new ATH to the next psychological level of $2,000
Keep both options open as Bitcoin will influence ETH's next moves.
#ETHUSDT Trading plan!Hi friens!
I am sharing with you the analysis on Ethereum.
There are two strongest historical levels on the chart, 1277 and 1440, which were confirmed last month.
At the moment, the price is trading between these levels.
In general, if you look globally, I really like how the coin chart looks at the moment.
We have approached the historical level and have been trading below it for three weeks, practically not rolling back.
This shows that there is a strong buyer in the market who is holding the price.
There is also a seller in this zone who sells purchased coins at a lower price,
thereby fixing profits. There are also sellers in this zone who bought at the highs in 2017.
Based on the foregoing, we are observing in this zone a struggle between bulls and bears.
The question is who will win and where will it be safe to enter the market?
If the price continues to rise further and a slow approach to the historical level of 1440,
then I will definitely buy on the breakout of this level! There we can get a very strong upward movement.
If buyers do not hold the price and the price falls below the support level of 1277, then on a pullback to this level I will look for a sell entry point.
But for now, my priority is to move up!
Be careful!
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Eth plan over the next week
Very clear ascending triangle forming on the 4hr
Hoping a BTC crash doesn't ruin the parade but Alts have been holding strong IMO
Be sure to wait until engulfing pattern to enter.
First take profits upon break upwards is $1687
Also yes I know most would enter upon break of the triangle but getting in early here is better imo. Worst case for me is I sell on breakdown of the next bounce for 5% profit. Worst case for the entry on break is never entering at all. Best case I make more money than someone who entered on break. This is just my trading style. I know I don't need to explain myself but I'd like others to understand my methodology.
Ask away, let me know what you think.
ETHUSDT - First dip since 10 MonthsMarket has shown sellers rejection on our drawn support area, same support zone as the 8th January. We can see a long wick and probably a bullish engulfing, moreover the market didn't close any candle below the 1h support, which is indicating the buyers coming in.
15m formed a double bottom with multiple bullish engulfing, a breakout of either side could lead to the run but in my view it looks rather bullish.
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ETH-USD Miningmin target update 07 Jan, last target 1440$ Congratulations, we have achieved one of the last goals set earlier ($ 1250). ahead of 20.01, we can still reach 1 target, $ 1440, but then I would not make a forecast, we will certainly have a big correction, and it is already close. I congratulate everyone who made a good profit in the last 7 days, who listened to my forecasts. KRAKEN:ETHUSD
sell at 30900-31200 and take profit around 27000-27500 short timSELL #BITCOIN AT 30900 WIHT 3 TP ON THE CHART (21700 decent pullback) he is much overbought in all time frame and indicator + he forming an ascending wedge thar usually price break down on this figure #btcusd #Crypto #cryptocurrencies #Cryptomonnaies #Bitcoin #forexsignal
i do 2 lot
the first lot o will cut at 28500 and take full profit
the 2nc lot when it will reach 28500 i will put hios stop loss at 30 000 like that if he back up before my target i keep profit and no loss.
ON THIS TYPE OF CONFIG WHERE OBERGOUGHT LIKE CRAZY , YES I DO NOT PUL STOP LOSS BUT I NOT HAVE ANY LEVERAGE AND A GOOD CAPITAL BUT I THINK HE CAN DO A KNEE JERK IN THE WORST CASE?INVESTOR ARE NTO CRAZY THEY WANT TAKEZ THEM PROFIT SOON
ETH - Strong Resistance - Multi Timeframe Analysis At the first glance 4H looks like it is ready to break the 4H resistance level but when we move to 1H, our another key time frame, we notice the major resistance ETH market have for the past 4 to 5 days. Rejecting multiple times.
What is our scenarios at the current market?
1. Market could break the 1H and lead to massive buyers entering the market and could go toward the 760 - 800 price range which i don't see it likely just yet.
2. 2nd scenario is more favorable with a movement on our 4H toward $650 price range to form HigherLow (4H , DAILY) and finding a strong support at 50% Fibonacci which is also a key zone area.
Consideration: our second scenario has 2 flaws:
1. Market Bullish momentum is still heavy on our HTFs.
2.We don't have Bearish elements on our 4H yet.
Short term bias = Short
Long term bias = Long
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Altcoin Traders, Go Long!(Fibo Lines, channels, indicators, patterns, etc. are deleted i chart for viewers'' convivence)
I hope you enjoyed and used my forecast of bitcoin fall @19200. Here I present you with next move(s) of BTC. There are TWO POSSIBLE SENARIOS, both ending in BTC coming to a ~17500 USDT conclusion. You may do some scalping via both long and short.
However, personally, I prefer to stay tuned, trade some altcoins, and watch for next move after ~17500. That's where I think we can enjoy a high profit, I hope!
At this period you can enjoy trading altcoins, too!