ETHUSD Potential bullish rise | 17th Mar 2022With the recent break of the ichimoku cloud to the upside, we have a bullish bias that price will rise to our take profit area of 3027 in line with the 161.8% Fibonacci projection level from our entry of 2749 where the support of the ichimoku cloud and the horizontal pullback support is. Alternatively, price may break pivot structure and head for our stop loss at 2506 in line with the 100% Fibonacci projection and swing low support.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
ETH-USD
ETHUSD potential for dip | 16th MarchPrice is near sell entry level of 2773.38 in line with 50% Fibonacci retracement and 78.6% Fibonacci projection. Price can potentially dip to the take profit level of 2460.67 in line with 100% Fibonacci projection and 78.6% Fibonacci retracement. Our bearish bias is supported by the ichimoku cloud indicator.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
ETHUSD potential for rise! | 15th Mar 2022On the H4,with price expected to bounce off the RSI indicator, we have a bullish bias that price will rise to our take profit at 2762 in line with the horizontal swing high resistance and 78.6% Fibonacci projection from our entry of 2507 in line with the horizontal swing low support. Alternatively, price may break entry and head for our stop loss at 2372 in line with the horizontal swing low support and 61.8% Fibonacci projection level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
#ETHUSD potential for a drop! | 14th Mar 2022On the H4 chart, price is near our sell entry of 2628 in line with horizontal swing high resistance and 50% Fibonacci retracement . Price can potentially drop to our take profit level at 2304 in line with the horizontal swing low support and 78.6% Fibonacci projection . Alternatively, price may head to our stop loss at 2755 in line with the horizontal overlap resistance. Our bearish bias is supported by how price is moving below the ichimoku cloud .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
#ETHUSD potential for a drop! | 14th Mar 2022On the H4 chart, price is near our sell entry of 2628 in line with horizontal swing high resistance and 50% Fibonacci retracement. Price can potentially drop to our take profit level at 2304 in line with the horizontal swing low support and 78.6% Fibonacci projection. Alternatively, price may head to our stop loss at 2755 in line with the horizontal overlap resistance. Our bearish bias is supported by how price is moving below the ichimoku cloud.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
ETHUSD potential for dip | 10th MarchPrice is near sell entry level of 2827.24 in line with 61.8% Fibonacci retracement and can potentially dip to the take profit level of 2444.49 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is supported by ichimoku cloud indicator as price is trading below it.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
ETHUSD potential for further dip | 9th MarchPrice is abiding by the descending trendline and near sell entry level of 2742.49 in line with 50% Fibonacci retracement. Price can potentially dip to the take profit level of 2453.52 in line with 61.8% Fibonacci projection and 78.6% Fibonacci retracement. Our bearish bias is supported by the stochastic indicator as it is near resistance level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
ETHUSD bullish bounce | 8th MarchPrice is trading in a triangle and near buy entry level of 2451.7 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci projection. Price can potentially go to the take profit level of 2835.61 in line with 61.8% Fibonacci retracement. Our bearish bias is supported by the stochastic indicator as it is at support level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
ETHUSD H4 Potential Bounce | 3rd March 2022On the H4 chart, price is near our buy entry of 2838 in line with horizontal overlap support and 23.6% Fibonacci retracement. Price can potentially rise to our take profit level at 3162 in line with the horizontal swing high resistance. Alternatively, price may head to our stop loss at 2751 in line with he 38.2% Fibonacci retracement level. Our bullsh bias is supported by how price is moving above the ichimoku cloud.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
EHTUSD bearish momentum! | 2nd March 2022Prices are on bearish momentum. We see the potential for a short entry at 3009.15 in line with 61.8% Fibonacci extension towards our Take profit at 2577.85 in line with 6.8% Fibonacci retracement. Prices are trading below our Ichimoku clouds resistance and RSI is at levels where dips previously occurred, further supporting our bearish bias.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
ETHUSD potential for further dips! | 1st March 2022Prices are on bearish momentum and abiding to our descending trendline resistance. We see the potential for a sell entry at 2976.21 in line with 61.8% Fibonacci extension towards our Take profit at 2346.56 in line with 100% Fibonacci extension. Prices are trading below our ichimoku cloud resistance and RSI is at levels where dips previously occurred, further supporting our bearish bias.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website
ETHUSD Potential bearish drop | 28th Feb 2022On the H4, with price currently moving below the ichimoku cloud , we have a bias that price will drop to take profit at 2320 in line with the horizontal swing low support from our entry at 2736 in line with the 50% Fibonacci retracement and horizontal overlap resistance. Alternatively, price may break entry structure and head for stop loss at 2834 in line with the horizontal overlap resistance in line with the 61.8% Fibonacci retracement .
4 hours ago
Comment: Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Disclaimer
ETHUSD Potential bearish drop | 28th Feb 2022On the H4, with price currently moving below the ichimoku cloud, we have a bias that price will drop to take profit at 2320 in line with the horizontal swing low support from our entry at 2736 in line with the 50% Fibonacci retracement and horizontal overlap resistance. Alternatively, price may break entry structure and head for stop loss at 2834 in line with the horizontal overlap resistance in line with the 61.8% Fibonacci retracement.
BTC - MD330 update - IF BTC HITS 37800 - NEW BREAKDOWN TRENDHello trading friends,
This is an update depending on whale trend - The MD330 trend that is showing the live trends.
Depending on this update if BTC hits the 37.8 with time frame, we could see a breakdown trend - what could affect BTC.
This point is very important - the question is first or we will hit this target, but if this happens, there is a huge chance, we will see a new breakdown trend change.
All before MD330 updates were important for the BTC price action.
37.8 it's a placing trend where more whale orders are set up.
This is not a trading call - manage always your risks - and also since BTC can show unexpected trends since Russia - Ukraine.
Wich your best times.
ETHUSD Potential Bearish Continuation | 25th Feb 2022On the H4, we can see that price is moving within the descending channel. This is signifying bearish momentum. We expect price to fall from 1st resistance at 2654.17 which is in line with our 78.60% fibonacci retracement and horizontal swing high resistance to 1st support at 2325.70 in line with 100% fibonacci projection and horizontal swing low support. Alternatively, price may break through 1st resistance and halt to 2nd resistance at 2737.86 which is in line with the swing high resistance. Our bias is further supported by how price is moving below the Ichimoko cloud.
ETHUSD potential for short bounce | 24th FebPrice near buy entry level of 2357.79 in line with 78.6% Fibonacci retracement and 78.6% Fibonacci projection . Price can go to the take profit level of 3267.60 in line with 38,.2% Fibonacci retracement and 78.6% Fibonacci projection . Our bullish bias supported by the stochastic indicator as it is at support level .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
ETHUSD potential for short bounce | 24th FebPrice near buy entry level of 2357.79 in line with 78.6% Fibonacci retracement and 78.6% Fibonacci projection. Price can go to the take profit level of 3267.60 in line with 38,.2% Fibonacci retracement and 78.6% Fibonacci projection. Our bullish bias supported by the stochastic indicator as it is at support level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
ETHUSD potential for bearish continuation | 23rd FebPrice is near sell entry level of 2593.77 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci projection. Price can potentially dip to the take profit level of 2225.60 which is also the graphical swing low Our bearish bias is supported by the ichimoku cloud indicator as price is trading below it
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
ETHUSD potential for bearish continuation | 23rd FebPrice is near sell entry level of 2664.28 in line with 23.6% Fibonacci retracement and 100% Fibonacci projection. Price can potentially dip to the take profit level of 2318.71 which is also the graphical swing low. Our bearish bias is supported by the ichimoku cloud indicator as price is trading below it.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2987.56).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 3283.86
TP2= @ 3414.53
TP3= @ 3617.61
TP4= @ 3898.98
TP5= @ 4131.97
SL= Break below S2
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💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2987.56).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 3283.86
TP2= @ 3414.53
TP3= @ 3617.61
TP4= @ 3898.98
TP5= @ 4131.97
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 / Crypto 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 ❤️