ETH -sidewall to updateSide channel movement
Now stands well at the upper boundary of the channel
I see two exit scenarios from the channel:
if it breaks the bottom of the support of $ 178 (marked in red), then let's go to the center of the channel $ 168.
A breakdown of the upper boundary of the channel will open the way to $ 209 or even higher.
more inclined to hike up
Etereum
EURUSD: POTENTIAL FOR STRONG BUY WE HAVE SPIKE CHART PATTERN AND HAVE VERY LEGAL CHART AND BEST RISK/REWARD.
THE U.S SAYS WANT DECREASE THE BAKE RATE AND IT IS NOT GOOD NEWS FOR US.D BUT BEFORE NEWS IT WILL MUST GO DOWN, SO THERE IS NO WORRY FOR TAKE A SHORT POSITION WITH VERY LOW RISK AND LOW PIP LOSE
ETH - update ideas
“Ethereum needs only 10 dollars to reach 285 dollars and justify our forecast made a few days ago. Even a record transaction volume of 1 million per day can prevent the lead altcoin from falling below $ 300.
On the 4-hour chart, Ethereum monitors BTC price movements, showing a decline since June 26. However, one should not expect a drop to $ 250, since the RSI model is moving into the oversold zone. MACD is declining, indicating an early decline to 270 dollars.
ETHUSD LONG repeat situationI want to show you the rocket launch pattern. This foundation for rapid growth has already been in the past. Now, everything can happen again.
Do not forget to put a stop loss and then drag it closer to the price with the calculation of 5-10% of this value.
Do not forget about the diversification of risks.
If you have questions to me, always happy to answer write me a personal message.
Have a great day.
ETHUSD $135.00 daily pivotEthereum continues to struggle for direction on Friday, with the second largest cryptocurrency by market capitalization contained to a $10.00 price range so far this week. The $135.00 level remains the key weekly pivot, while critical technical support is found at the $124.00 level. The daily time frame is showing that major weekly technical resistance for the ETHUSD pair is located at the $142.00 level.
The ETHUSD pair is only bullish while trading above the $135.00 level, key resistance is found at the $124.00 and $115.00 levels.
If the ETHUSD pair trades below the $135.00 level, key resistance is found at the $142.00 and $160.00 levels.
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There is a possibility for the beginning of an uptrend in PPTETHTechnical analysis:
. POPULOUS/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.013600 to 0.010500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.013600)
Ending of entry zone (0.010500)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
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TP1= @ 0.019000
TP2= @ 0.021100
TP3= @ 0.024300
TP4= @ 0.028500
TP5= @ 0.032800
TP6= @ 0.038800
TP7= @ 0.046400
TP8= @ 0.065000
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Trading plan: ETHUSD (Ethereum)Ethereum has risen in value to the level of $ 580. At $ 570, there are large volumes of Ethereum sellers that may threaten our plan for its purchase.
Priority of the day : growth of ETHUSD rate to $ 608.
The point of entry for Ethereum purchase was near the $ 540 level, as we wrote earlier. Now a dangerous moment, when the Ethereum rate can go down under the pressure of bears.
Projected scenarios:
1. ETHUSD rate will rise from $ 570 to $ 608.
2. The rate of Ethereum may fall from $ 570 to $ 500.
Alternative scenario:
Not the most pleasant option for a trader - flat for Ethereum for the rest of the day.
Trading plan: ETHUSD (Ethereum)Ethereum on volumes increased in value. Now there is a correction to the current movement. The nearest support zone for Ethereum rate is near: $ 540 - $ 520.
Priority of the day: the purchase of ETHUSD with a target of $ 608.
We plan to look for an entry point for the purchase of ETHUSD near the level of $ 540 if the volume for the purchase of Ethereum will be more than for sale.
Projected scenarios:
1. Buy ETHUSD from $ 540 to $ 608.
2. Ethereum rate may not make the expected rollback down and rise to our goal.
An alternative scenario:
Near the level of $ 570, there are already volumes for the sale of Ethereum. If the buyers of Ethereum do not take the initiative, it is possible that its exchange rate will drop to $ 480.
Trading plan: ETHUSD (Ethereum)Finally, the bulls made the grand appearance. Ethereum on large volumes has risen in value from the level of $ 520.
Now we need to wait for the rollback downwards and buy Ethereum.
Priority of the day: the purchase of ETHUSD with a target of $ 580.
We recommend to search for ETHUSD purchases in the following zone: $ 540 - $ 530.
Projected scenarios:
1. Buy ETHUSD from $ 530 to $ 580.
2. We can wait a long time for Ethereum to rollback downwards, which can be transformed into flat for the rest of the day.
An alternative scenario:
We don’t want it to be true, but Ethereum rate can descend even further from $ 580 to $ 500. In order for this scenario to come into force, there must be large volumes for the sale of Ethereum.
Trading plan: ETHUSD (Ethereum)Ethereum is now in the culmination phase. The nearest target of the Ethereum fall is near the level of $ 500. The volume for sale is moderate.
We believe that the culmination will end with a sharp bounce of the Ethereum rate upwards, so we recommend that all bears think about fixing profits.
Priority of the day: neutral position on ETHUSD.
Today it's too late to sell Ethereum, but it's too early to buy it. Those who hold a short position can take a good profit. Those who are not yet in the market, we recommend today to wait with the deals.
Projected scenarios:
1. The fall of the ETHUSD rate from $ 540 to $ 500.
2. The upswing of the ETHUSD rate from $ 540 to $ 560.
An alternative scenario:
The culmination may not take place and Ethereum rate will take a lateral movement.
Trading plan: ETHUSD (Ethereum)Ethereum is still in the clutches of bears. Even now, the struggle of buyers and sellers near the zone continues: $ 600 - $ 580. We, as always, are on the side of the strongest.
Priority of the day: sell ETHUSD with a target of $ 540.
The volume analysis shows the weakening of sellers, so the bounce upwards of Ethereum rate will be in the matter of a few days.
Projected scenarios:
1. Sell ETHUSD from $ 610 to $ 540.
2. Most likely Ethereum rate will descend to the target without the much needed rollback upwards.
Alternative scenario:
As you can see on the chart of Ethereum, the volumes of trade are descending: sellers and buyers have exhausted their resources. We believe that near the $ 550 - $ 540 zone, a large buyer of the Ethereum may appear. Therefore, an alternative plan: the purchase of the Ethereum from $ 620 to $ 680.
Trading plan: ETHUSD (Ethereum)Ethereum falls in value. The volume for the sale of Ethereum is bigger than for the purchase. The obvious goal of the fall of Ethereum rate is $ 540.
Unfortunately, right now there are no Ethereum buyers around. The nearest Ethereum support zone: $ 520 - $ 500.
Priority of the day: sell ETHUSD with the target of $ 540.
Of course, it is better to search for the point of entry for the sale of Ethereum near the zone: $ 620 - $ 600.
Projected scenarios:
1. Sell ETHUSD from $ 620 to $ 540.
2. It may be necessary to wait for the best price for a short position on Ethereum for a couple of days.
Alternative scenario:
Near the level of $ 560, we expect to see the support of the Ethereum rate from buyers. If buyers on large volumes do not support the rate of Ethereum, then it will fall to the designated targets.
Trading plan: ETHUSD (Ethereum)Ethereum bounced up from the support level of $ 580, and on small volumes is growing in price. It is too early to talk about buying Ethereum, while bears rule the cryptomarket.
The nearest support zone for Ethereum is around $ 580 - $ 550, and the resistance zone: $ 650 - $ 625.
Priority of the day: neutral position on ETHUSD.
Ethereum today can grow in price or fall with a probability of 50/50. That is why, we recommend our subscribers to stay out of the market today.
Projected scenarios:
1. Sell ETHUSD from $ 650 to $ 541.
2. Buy ETHUSD from $ 560 to $ 700.
Alternative scenario:
Flat will continue all day.
Trading plan: ETHUSD (Ethereum)Ethereum continues to fall in value. The buyers supported Ethereum rate near the level of $ 580. But, volume analysis shows the absence of large buyers of Ethereum. Therefore, we are expecting today the feast of bears to continue.
Priority of the day: sell ETHUSD for $ 560.
After such a strong fall, ETHUSD should make a correction upward, to $ 650 - $ 625. It is from this zone that it would be interesting to look for an entry point for the sale of ETHUSD.
Projected scenarios:
1. Sell ETHUSD from $ 650 to $ 560.
2. After a strong impulse, naturally, pause or flat occurs for any cryptocurrency. Therefore, lateral movement of the Ethereum rate in the $ 620 - $ 580 zone is possible.
An alternative scenario:
We hope to see Ethereum buyers around $ 580. If there is a large amount to buy, then the priority of trade will change in favour of bulls.