Ethbuy
ETHUSD: Possible Long (26.09.2020)On H4, the price found support at 320, where a divergence was formed between the price and the RSI, indicating a temporary end to the downside movement.
An upward impulse is formed on H1, which portends a possible continuation of the price growth.
We recommend buying at localy price correction to the levels 340-330 (and when RSI will reached oversold level)in order to hold the position up to the level of 440.
ETHUSD: Analysis using Ichimoku 14/07/2020H4
On D1, the cloud is directing upward, indicating an uptrend.
Conclusion:
Locally, we recommend buying when the RSI reaches an oversold level on the H4 near the Fibonacci level of 50%.
H1
At H4, the cloud is directing downward, indicating to price correction. The RSI of H4 is in the middle of the range..
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H1.
ETHUSD: Analysis using Ichimoku 19/06/2020H4
At D1, the Ichimoku cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1.
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H4 and selling when the RSI reaches the overbought.
H1
At H4, the cloud is directing downward, indicating a downtrend. At H1, the cloud is directing downward, indicating the movement within the framework of the trend for H4.
Conclusion:
We recommend buying because the price went beyond the downtrend at H4, while the RSI reached the level of oversold.
We also recommend selling when the RSI reaches the overbought level.
Good luck!
Ethereum: Analysis using Ichimoku 08/06/2020H4
The price has tested the Ichimoku cloud, pointing to a local correction. Visually, you can see the correction model in the form of a triangle.
RSI is in an undefined state.
Conclusion:
We recommend buying from a key Fibonacci level of 76.4%.
H1
The price is trading in the range, fixed above the downtrend line and the Ichimoku cloud. RSI is near the overbought level, which indicates the imminent start of a local correction for the formed initial impulse.
Conclusion:
We recommend buying from key Fibonacci levels of 61.8% and 50%.
Good luck!
ETH/USD BUY SIGNAL #DaytradeHey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market-Buy: 203,00
Stop-Loss: 197,50
Target 1: 209,70
Target 2: 214,50
Target 3: 217,65
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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ETHUSD Technical and Fundamental AnalysisBefore I start, I would like to welcome y'all to support by liking and following my page if you like what you see here : )
So far I have really enjoyed the experience here with the wonderful trading community, it is great to see the unbounded sharing of ideas by our fellow traders, so I thought of giving back as well.
Here are my two cents on ETHUSD:
H1 Timeframe shows a pretty obvious descending wedge, a (1) bullish flag with (2) Twice the formation of a bearish double top within the wedge, multiple times where it has touched the descending resistance line
Both times the formation of the double top has lead to a sell off to touch a major support level @ 198, thereby VALIDATING 198 AS A STRONG SUPPORT.
Technical indicators (1) MACD shows a greenish potential crossover to the positive side (2) Stoachastics show a 62 point, near the 80 buy zone
Short Term Opportunities to watch for:
- BREAKING OUT OF 209 would mean a retest of the nearest resistance level @ 212 and beyond that, targets for a BUY opportunity at TP1 @ 219 AND TP2 @ 226
- A SHARP REJECTION from the 208 descending resistance line would mean a SHORT opportunity to strong support line @ 198, breaking below this would bring us to the next 2 support lines @ 193 and @ 189
Long Term Fundamental Analysis:
Honestly I doubt ETHUSD could drop below 193 support which has been consistently validated from 25-29 April 2020. The long term outlook is currently BULLISH, with ETH 2.0 due for release in JULY 2020, which transits the current Proof of Work ethereum to a Proof-of-Stake Mechanism. This is very important to note, as instead of competing against each other to solve puzzles, users who accrue the most wealth, or stake, will be in charge of validating transactions in 2.0.
This definitely leads to a supply shock as users accrue ETH, possibly leading to a lock up of 30% of circulating ETH --> BUYING PRESSURE
Next, given a recent uptick in the number of addresses holding 32 ETH — the precise amount required for validators to stake in ETH 2.0 — demand, it seems, is already mounting. According to market intelligence firm Glassnode, there are currently over 116,351 Ethereum addresses containing 32 ETH or more — a figure up over 14% from last year.
My prediction: Price spike of ETHUSD is already partially priced in, with quite a number accumulating ETH for the staking in 2.0 release. The current ETH price flunctuations are likely short term position holders looking for quick buy and sell opportunities, with the majority holding for long. Once reaching the BTC sell-off post halving, some of the BTC holders may partially close LONG positions on BTC, taking profits, then putting more weight into ETH as the attention shifts to Ethereum 2.0 update. (Personally, I would only account maybe 30% ETH 70% BTC of my positions as I don't see ETH outperforming BTC in the long term, at least not by end 2020.)
Thank you for reading my two cents, feel free to comment your thoughts and feedback below!
Regards,
GolDRoger, a humble beginner trader
ETHUSD - Perspectives on 24/02/2020Friends, support this idea with your Like and any Comment. Thanks.
I expect continued growth in the price of ETHUSD as part of the impulse wave of (V).
As an alternative, we should expect a breakdown of the boundary of the triangle model and a decrease in prices to lower support levels.
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ETH/USD LONG SET UP TO $306Title :ETH/USD BUY LIMIT ORDER
Asset : Crypto Symbol : ETH/USD
Type : Limit Order
Time Frame : 2D
Entry Price 1 : $224.20 Entry Price 2 : $218.68
Stop Loss : $210.00
Take Profit 1: $237.40
TP 2: $260
TP3: $276
TP.4 $300
The reversal higher took place after traders tested bids around the 217.83 level during yesterday’s Asian session. Upside price objectives include the 240.72, 241.99, 247.45, 250.04, 255.09, 257.11, 259.14, and 260.41 levels. Below current market activity, traders cite potential technical support around the 211.35, 210.39, 209.02, 207.70, and 204.72 areas. These are levels that represent upside price objectives based on buying activity that has emerged around the 116.25, 142.10, and 154.48 area during recent weeks. Chartists are closely monitoring the convergence of the 50-bar MA (hourly) and the 100-bar MA (hourly).
Price activity is nearest the 50-bar MA (4-hourly) at 213.86 and the 100-bar MA (Hourly) at 224.64.
*Technical Support is expected around 230.27/ 226.38/ 222.73 with Stops expected below.
*Technical Resistance is expected around 243.62/ 247.45/ 250.04 with Stops expected above.
*On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage.
*On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.
ETHUSD long setup 1:2.5 risk to rewardETHUSD daily chart shows higher low and higher high. I am planning to give this a try. Below you can find my trade setup:
ETHUSD LONG SETUP
Entry: 185.72 (market order)
Possible 2. Entry: 169.59 (buy limit)
SL: 146.55
TP: 283.75
Risk to reward: 2.5
Probability: Less than 45%
Disclaimer: This is not investment or financial advice.
Trade safe,
Atilla Yurtseven