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ETH-USD

ETHUSD INTO A FIFTH WAVE - ELLIOTT WAVE ANALYSISHi Elliotticians, ETHUSD made an impulsive drop from the 3309 lvl., which confirmed a completed correction in 4, and now a wave 5 to be underway, ideally towards the Fib. projection target of 0.5, and towards the lower parallel channel line (3105/3080 area). Once wave 5 fully develops with its five-wave sub-structure and finds support, that is when a new A-B-C recovery can be in the making. A sharp, impulsive rally in this case would suggest a completed wave 5 of a bigger impulse, and an A-B-C recovery. If price continues lower, decisively below the 3180 mark, then we may be looking at a wave 3 of a higher degree, and more weakness in view. Take care.
COINBASE:ETHUSD
by Gravity33
ETHUSD IN A TEMPORARY PAUSE, BEFORE A DROP - ELLIOTT WAVE Hi Elliotticians, ETHUSD is trading similar as Cardano, however here price can still be unraveling a possible triangle correction in wave 4, which means, wave 5 lower can still be in the cards. That said, a five-wave, a-b-c-d-e contracting move needs to be seen in fourth wave, before a triangle may be regarded as completed. Also a new impulsive drop would confirm a completed wave 4 and wave 5 to be underway. Take care.
COINBASE:ETHUSD
by Gravity33
ETHUSD Potential bullish bounce | 8th Apr 2022With price moving above our ichimoku cloud and expected to bounce off the stochastic indicator, we have a bullish bias that price will head to our take profit at 3533 in line with the swing high resistance from our entry of 3148 in line with the 38.2% Fibonacci retracement . Alternatively, price may head to our 50% Fibonacci retracement at 3014 where our stop loss is. 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.
FX:ETHUSDLong
by FXCM
ETHUSD Potential bullish bounce | 8th Apr 2022With price moving above our ichimoku cloud and expected to bounce off the stochastic indicator, we have a bullish bias that price will head to our take profit at 3533 in line with the swing high resistance from our entry of 3148 in line with the 38.2% Fibonacci retracement . Alternatively, price may head to our 50% Fibonacci retracement at 3014 where our stop loss is. 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.
FX:ETHUSDLong
by Rockqet
ETHUSD potential for rise! | 5th Apr 2022With price moving above the ichimoku cloud , we have a bullish bias that price will rise to our take profit at 3828 in line with the 61.8% Fibonacci retracement from our entry of 3443 in line with the 38.2% Fibonacci retracement . Alternatively, price may break entry structure and head for our stop loss at 3208 in line with the 38.2% Fibonacci retracement and pullback 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.
FX:ETHUSDLong
by Rockqet
ETHUSD potential for a rise! | 4th Apr 2022With price moving above the ichimoku cloud , we have a bullish bias that price will rise to our take profit at 3828 in line with the 61.8% Fibonacci retracement from our entry of 3436 in line with the 38.2% Fibonacci retracement . Alternatively, price may break entry structure and head for our stop loss at 3208 in line with the 38.2% Fibonacci retracement and pullback 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.
FX:ETHUSDLong
by FXCM
1
ETHUSD potential for a rise! | 4th Apr 2022With price moving above the ichimoku cloud , we have a bullish bias that price will rise to our take profit at 3828 in line with the 61.8% Fibonacci retracement from our entry of 3436 in line with the 38.2% Fibonacci retracement . Alternatively, price may break entry structure and head for our stop loss at 3208 in line with the 38.2% Fibonacci retracement and pullback 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.
FX:ETHUSDLong
by Rockqet
ETHUSD Potential bearish drop | 31st March 2022On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from our entry at 3407 area in line with the horizontal swing high resistance, 100% Fibonacci projection and 161.8% Fibonacci extension to our take profit at 3194 in line with the pullback support and 23.6% Fibonacci retracement . Alternatively, price may break our entry structure and head for stop loss at 3584 in line with the horizontal pullback resistance and 127.2% Fibonacci extension and -27.2% Fibonacci expansion . 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.
FX:ETHUSDShort
by Rockqet
ETHUSD potential for a drop! | 30th Mar 2022On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from our entry at 3407 area in line with the horizontal swing high resistance, 100% Fibonacci projection and 161.8% Fibonacci extension to our take profit at 3194 in line with the pullback support and 23.6% Fibonacci retracement . Alternatively, price may break our entry structure and head for stop loss at 3584 in line with the horizontal pullback resistance and 127.2% Fibonacci extension and -27.2% Fibonacci expansion . 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.
FX:ETHUSDShort
by Rockqet
1
ETHUSD potential for a drop! | 29th Mar 2022On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from our entry at 3407 in line with the horizontal swing high resistance, 100% Fibonacci projection and 161.8% Fibonacci extension to our take profit at 3194 in line with the pullback support and 23.6% Fibonacci retracement. Alternatively, price may break our entry structure and head for stop loss at 3584 in line with the horizontal pullback resistance and 127.2% Fibonacci extension and -27.2% Fibonacci expansion. 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.
FX:ETHUSDShort
by Rockqet
ETHUSD Potential drop | 28th Mar 2022With price expected to reverse off the stochastic indicator, we have a bearish bias that price will drop from our entry at 3412.44 in line pullback resistance and 161.80% Fibonacci extension towards our take profit at 3037.96 in line with the latest pull back support and 38.20% Fibonacci retracement. Alternatively, if prices were to break out, price may potential rise towards our stop loss at 3642.52 which is in line with the swing high resistance. 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.
FX:ETHUSDShort
by Rockqet
ETHUSD Potential drop | 25th Mar 2022With price expected to reverse off the stochastic indicator, we have a bearish bias that price will drop from our entry at 3202.60 in line pullback resistance and 127.20% Fibonacci extension towards our take profit at 3027 in line with the latest pull back support and 23.60% Fibonacci retracement. Alternatively, if prices were to break out, price may potential rise towards our stop loss at 3280 which is in line with the swing high resistance. 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.
FX:ETHUSDShort
by Rockqet
ETHUSD Potential drop | 24th Mar 2022With price expected to reverse off the stochastics resistance, we have a bearish bias that price will from our entry at 2773 in line pullback resistance and 161.8% Fibonacci extension towards our take profit at 2773 in line with the horizontal overlap support and 50% Fibonacci retracement. Alternatively, price may break entry structure and head for our stop loss at 3202 in line with the 127.2% Fibonacci extension level and horizontal swing high resistance. 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.
FX:ETHUSDShort
by Rockqet
ETHUSD potential for a drop! | 23rd Mar 2022With price expected to reverse off the resistance of the stochastics indicator, we are bias that price will drop to our take profit of 2765 in line with the 50% Fibonacci retracement from our entry of 3028 in line with the 161.8% Fibonacci extension . Alternatively, price may head to our stop loss at 3202 in line with the 127.2% Fibonacci extension . 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.
FX:ETHUSDShort
by Rockqet
ETHUSD potential for a drop! | 22nd Mar 2022With price expected to reverse off the resistance of the stochastics indicator, we are bias that price will drop to our take profit of 2765 in line with the 50% Fibonacci retracement from our entry of 3028 in line with the 161.8% Fibonacci extension. Alternatively, price may head to our stop loss at 3202 in line with the 127.2% Fibonacci extension . 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.
FX:ETHUSDShort
by Rockqet
ETHUSD approaching potential for rise! | 21st Mar 2022On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise to our take profit at 3028 in line with the horizontal swing high resistance and 161.8% Fibonacci projection level from our entry of 2794 in line with the horizontal pullback support and 38.2% Fibonacci retracement. Alternatively, price may break our entry structure and head for our stop loss at 2736 in line with the horizontal overlap support and 50% Fibonacci retracement. 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.
FX:ETHUSDLong
by Rockqet
ETHUSD Potential bullish rise | 18th 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.
FX:ETHUSDLong
by Rockqet
2
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.
FX:ETHUSDLong
by Rockqet
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.
COINBASE:ETHUSDShort
by Genesiv
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.
COINBASE:ETHUSDLong
by Rockqet
#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.
FX:ETHUSDShort
by FXCM
1
#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.
FX:ETHUSDShort
by Rockqet
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.
FX:ETHUSDShort
by Rockqet
1