ETHUSD Rally triggered seeing nice accumulation at the bottom. ETH has the potential to rally higher...
first stop @ $200 , next @ $240
ETH-USD
ETHUSD approaching resistance, potential for breakout!ETHUSD is approaching our first resistance at 169.13 (horizontal overlap resistance, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 255.45 (23.6% Fibonacci retracement, horizontal overlap resistance).
RSI is also bouncing off support supporting our bullish pressure.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!
ETHUSD is approaching our first support at 142.21 (horizontal overlap support, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 148.74 (horizontal swing high resistance).
Stochastic (89,5,3) is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching resistance, potential drop! ETHUSD is approaching our first resistance at 143.83 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur to our major resistance at support at 138.12 (horizontal pullback support, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 133.92 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur to our major resistance at 147.94 (horizontal swing high resistance, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 133.92 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur to our major resistance at 147.94 (horizontal swing high resistance, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 133.92 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur to our major resistance at 147.94 (horizontal swing high resistance, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 133.92 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur to our major resistance at 147.94 (horizontal swing high resistance, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching resistance, potential drop! ETHUSD is approaching our first resistance at 148.01 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur to our major support at 139.46 (horizontal pullback support, 38.2% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETH/USD Long with 5.8 R/R - take your leveraged 200% profit!If you like my work leave a like or even click the follow button! Comments are appreciated!
ETH/USD looks very interesting as we approach EQ of consolidation block. For a BitMex trade like this I use 10x leverage.
Multiple reasons for this entry-zone: 12hr 200-MA along with an overall 88.88 Fib , EQ of current consolidation block and an old swing-low .
$120.50 - $122
Reason for this target: EQ of upper consolidation block while taking out clean highs at 12hr 200-EMA .
$125.30 - $131.40 - $134.40 - $137.40 - $144.50
Reason for Stop-Loss: Possible SFP below previous wicks at these levels so I'd make use of an old low of a doji-candle .
$116
ETHUSD approaching resistance, potential drop! ETHUSD is approaching our first resistance at 148.01 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur to our major support at 139.46 (horizontal pullback support, 38.2% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching resistance, potential drop! ETHUSD is approaching our first resistance at 142.81 (horizontal swing high resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur to our major support at 132.09 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 137.12 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 142.87 (Horizontal swing high resistance, 38.2% fibonacci retracement).
Stochastic (89,5,3) is also approaching our support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 137.61 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 152.14 (100% fibonacci extension, 61.8% fibonacci retracement).
Ichimoku cloud is also showing signs of bullish pressure.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 128.22 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 116.76 (76.4% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Draw experiment on ETH/USDObserving how this could play out for my benefit.
PRICES TO WATCH ()
MAY TRIGGER STRONG MOVES
BIGGER TRADING BOX AREA (BIGGER PICTURE)
BETWEEN MIDDLE AREA
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 128.22 (horizontal pullback support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 147.92 (50% fibonacci retracement, horizontal pullback resistance).
Stochastic (89,5,3) is also approaching support where we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 134.48 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 166.99 (horizontal swing high resistance).
Stochastic (34,5,3) is also approaching support where we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Ethereum is ready for BIG DROP?Everything you see is on the chart. Rising wedge bearish break down pattern on daily. Strong resistance and possible rejection on 160$ > + key levels. If key resistance will be broken up then this idea would be invalid. If price starts to break down starting next week better to open shorts on eth-usd with targets to 80$. Gl and HF!
Potential Double Top H4We can see a potential double top forming on the H4 Chart for ETH/USD. I have plotted some entry and profit/stop loss points if you want to make some quick $ with technical trading.
Overall Chart Trend: Bullish
Chart Pattern Outlook: Bearish
Expect a small pullback on the lines indicated followed by a larger pattern upward in the long term.
Let me know if you guys have any questions/comments/ideas
