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ETH-BTC

Requested update; As per previous postsHad a few comments & requests regarding the last couple of BTC calls - see this imparticular; I am 100% Bullish on the tech as a whole, but to move on up we should expect a corrective move. This as per the last calls shows how and why we are going about it. In terms of updates to that post and the couple before it please see below; Starting with the monthly view; Then the weekly; And into the daily; We have supporting COT data going back to the beginning of this year; Please excuse poor drawings taking from our tool outside of Tradingview & couldn't copy exactly. See below-related idea links; ➀ Institutional Bitcoin - Long overall ➁ Merriment - showing how these moves can be playing by the rules as of this first real move ➂ Buying the dips - This is exactly the kind of idea to scale in further on the move down ➃ Bitcoin Buffoonery - further examples of why the short move is here ➄ They blew up the rocket - exact levels (as they played out) showing the respect ➅ Alt coins view (a little different) I hope this makes sense to the people who followed the last posts and saw the levels play out. We are still in the move 4 down which is more than likely going to be a slow, messy, complex wave. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
COINBASE:BTCUSDShort
by Mayfair_Ventures
27
ETH Won't Hold Above 2k(This is not financial advice) Hey everyone this is just a quick guess on how ETH will perform over the next little bit. I would just like to say I am a big fan of ETH and crypto and I do own some and believe it is the future. But I also think that there are a lot of paper hands in ETH right now that are going to sell off around 2100-2200. I could maybe see ETH holding for a little bit longer if BTC has a strong push but it looks like BTC hitting strong resistance around the 60000. In conclusion I do really like ETH despite some of the current issues but I do believe short term over the next few weeks it will dump because of paper hands and consolidate around 1500-1800. Let me know what you think in the comments and like and follow. Thanks! - Vlaire
by vlaire
7
ETHUSD - You Decide => We Follow!As per my last video analysis (attached below), we are still waiting for ETH to reject OR break the 2k and then act accordingly. Here are the two possible scenarios: As per my trading plan. Scenario 1 - ETH rejects the 2k and trades lower => In this case, we will be looking for buy setups as it approaches the 1.5k or any key support area. For this scenario to be confirmed / valid, we need a third swing low to form around the lower red trendline (projection in purple) and then a candle close (H1) below it (zone in gray). Or any bearish reversal pattern. Scenario 2 - ETH breaks the 2k => In this case, we will be looking for buy setups on its retest. For this scenario to be confirmed / valid, we need two full bullish daily candles closing above the 2k Always follow your trading plan regarding entry, risk management, and trade management. Which scenario is more likely to happen in your opinion? and Why? All Strategies Are Good; If Managed Properly! ~Rich
BITSTAMP:ETHUSD
by TheSignalyst
96
💡Don't miss the great buy opportunity in ETHBTCTrading suggestion: . There is a possibility of temporary retracement to the suggested support line (0.02990). . If so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ETHBTC 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 55.20. Take Profits: TP1= @ 0.03240 TP2= @ 0.03490 TP3= @ 0.03700 TP4= @ 0.03900 TP5= @ 0.04230 TP6= @ 0.04610 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment. Let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2