ETHUSD formed bullish Shark | A good long opportunityPriceline of Ethereum / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 144.93 to 143.26
Sell between: 146.84 to 150.60
Regards,
Atif Akbar (moon333)
Ethereumidea
ETHUSD Long Spike LONGETHUSD has made a long Spike and than a perfect Pullback to the
Support Line.
From these Level 177 now we got a jump up again
and the scenario is Long with some trendlinies up as support.
I have shown that all in the picture.
Good trades
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---------------------
All ideas are personall and not an advice to buy or sell something
alllwas do your own research
Renkotrade
ETHUSD Ethereum NEUTRAL RANGE Trading 1 HR Chart#Ethereum #Bitoin #Litecoin
Hello to all watching my charts.
Since a week Ethereum is trading in a range beween
200/204 and
235
We have to wait what happens next.
Whether the pair falls below support range 200/204 and ist short again
or if it will find bottom now in that range here and comes back to climb above 235 and
startet a new try to higher prices and goes long.
At the moment nothing to do
If you think that this range will last longer (which i doubt at a crypto pair) it would be possible to do a range trading :
buy at 204 , sell at 224 / 234.
But as Ethereum does similar to other cryptos in some cases big jumps
that would be not my first oppinion.
Good tardes
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Renkotrade
Ethereum SHORT but Change of Trendbrake is still valid 1 HR#ETHUSD #Litecoin #Bitcoin
Hello to all watching my charts
Ethereum is moving up as other cryptos also
and is improving the chart.
If it would be a future and not a crypto
i would suppest to go long here but in that bumpy ride
of cryptos it seems better for me to wait until it breaks the aerea
where my blue arrow start, where the bif resostance is ,
not to come in a fake long outbrake.
Same is in Bitcoin....
Important is that the support level at lower black line hold
if these level crunchs all long ideas are gone for now.
Good trades
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Renkotrade
Ethereum Short 1 HR Chart#Ethereum #Bitcoin #Litecoin #Crypto
Hello to all watching my charts.
Similar to other crypto ETHUSD Ethereum tries to find a bottoom now ,
but here the chart has been really damaged for long.
2 Big suppport aereas have been hit from ETHUSD at the range 275 - 277
and next stop down is 262.
What i also want to mention negativ is
that at the moment i write this here , Ethereum has been stopped the little up trend
exactly at the next resistance level from 17.6. ( BLUE RESISTANCE LINE)
For Long trendchange i think we do need a jump in the aerea of my
BLUE ARROW and make a new higher hgh (higher than high from yesterday in the minimum ).
Good trades
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Renkotrade
Ethereum SHORT 1 HR Chart Hammered Down#Ethereum + Bitcoin # Litecoin # Crypto # trading
Hello to all watching my charts
Whow., like described in my last chart
Ethereum is hammerd down, cause the chart is much much weaker than Bitcoin
Has brokwn 3 supports which are now will be resistances ( 275 f.e.)
No long chance is to see at the moment
Next stopp down is to manage at 260/261 aerea.
Good trades
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Renkotarde
Ethereum SHORT 1 HR Chart#Ethereum # Bitcoin # Litecoin #crypto
Hello to all watching my charts
Today we have ssen a big trendchange in Ethereum
as in other crypto currenzys also.
But Ethereum has shown us a chart the last time and weeks
which shwos much more wekness than Bitocin so the fall here in Ethereum
is here more dramatic.
Also my longtime charting system BLUE LINES is SHORT
the shorttime traing system with Purple lines also , of course.
And Ethereum has broken the support range of 302-304 (my 2 black lines)
So now next hold will be at 274 (lower black line)
Its coming back little bit at that moment 5.00 p.m. NYT as i write these
info, bit i doubt we will see a change to long the next time
The whole chart is too weak in my eyes for that.
Good trades
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Renkotrade
Ethereum SHORT 1 HR ChartHello to all watching my charts
Ethereum made similar to other cryptos now a big jump down
and is in recovering mode.
Recovering from my longgtime channel is fine
but to go back in a long , we have to wait in higher highs an higher lows.
The next high which is to beat is at 297
(my black line)
If the aerea of 298-299 will not reached , than its only
a recovery in the short trend (Blue lines)
What is for longs not so fine is, that my shorttime channel
system (purple lines) are so much weaker and tell us so clear
a short mode.
For long change:
First is to trade at 300 (my lower blue arrow)
Than to jump above the resistance of 302 (higher black line)
Than trade in the aerea of 305-306 , this would restart
my long scenario.
All other trades are short in my eyes at the moment.
Good trades
If you want to support my work and my charts, please like them..
Renkotrade
Ethereum ETHUSD LONG 1 HR CHart but watch 289.00#BTCUSD #Bitcoin #ETHUSD #Ethereum
Hello to all watching my charts
Lets have a look now to Ethereum ETHUSD today.
Its still a long situation with higher highs and higher lows
but the long trend is not really running.
Its very slowly and my shorttime channel is nearly flat now
(please check the purple lines ).
The longtime channel is in long mode , so we do have a chance
to go long further, but watch out the level of
289.00 (BLACK LINE)
If these support breaks, i would stopp all longs at once
and maybe jump direct to the short side.
Lets talk tomorrow how it is developing.
If you want to support my work and my charts please like them...
Good trades
Renkotrade
Ethereum ETHUSD LONG 1 HR Chart#ETHUSD #Ethereum #Renkotrade
Hello to all watching my charts.
Now we have a closer look to Ethereum today
As Bitcoin startet today an impressive up move, these pair Ethereum , ETHUSD
is much much weaker.
Yes, we do have a long situation, both of my channel systems (longtime and shorttime)
are long now, but the power to the upside i personally missed.
We have taken out the resistance at 293 (Black line)
but the total move seems to be not really impressive.
Maybe is only a bearflag, so an up jump in the downscenario.
I would suggeste here to go long, yes , but with small amounts
or to wait until the higher black line (next resistance 298 )
has taken out. But it hasnt at the time i write that
Good trades
If you want to support my work and my charts, pelase like them...
Renkotrade
Ethereum ETHUSD SHORT Weaker than Bitcoin #Renotrade
Hello to all watching my charts.
A few hours ago we had an eye on BItcoin with in my eyes a possible
trendchange to long is in the air.
But here in ETHUSD Ethereum we are weaker and still SHORT
As my shorttime channel is growing up a little bit
we have still now not seen a higher high.
(Jump above the black line is needed)
I have signed the aerea i estimate a long setuo
with my BLUE ARROW for the next days.
But at the moment its still short.
So wait untill we get a jump above the black line
to start a long position or even not if , that will not happen.
-
In these minutes i write that (8.20 p.m.) it is a little bit an
improvement to see but not yet the jump
-
Good trades
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Renkotrade
Ethereum still SHORT but Trendchange LONG if 320 will reachedHello to all watching my charts
Th Ethereum / USD ETHUSD there is a Long channel building up
since yesterday which has now a chance to send us a new direction next.
But i think its important that these pair jumps above the
2 resistances and reachs 320 next.
In that case we would have a break out of our shortchannel
(this case is marked ARROW in Purple)
Otherwise also stay in short is possible
(Arrow marked in Blue)
or something between us which is not a clear direction
Let see what will happens tomorrow
I will update you
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Good trades
Renkotrade
ETHUSD Forecast SHORT 1 HR ChartHello to all watching my charts
Here in Ethereum we do see similar situation as in Bitcoin BUT !!
this pair ETHUSD is much weaker than BTCUSD, broke all supports !! and is now
in a Longchannel but only included in my bigger and longer and stronger
Shortchannel system
So only if the pair reach my "ARROW POINT" and comes totally out of the
shortchannel we can think of going long again.
But as so much supports have been brokesn
i wold be very very couations with longs here in that pair.
Resistance of 315 also in Front against the Longs...
Good trades
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Renkotrade
Ethereum ETHUSD SHORT 1 HR Short 2 Supports broken Hello to all watching my charts
Yesterday we talked about the steep steep UP channel
here and now since tonight we got not even a pullback
we got a break of 2 supports and a shortchannelsystem
The second brake has come in at 7.00 am in the morning
today and now we are on a short train here
Right now in this minutes even the great long channel (blue) has been broken
So thats shure a short idea now.
Good trades
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Renkotrade
ETHUSD LONG 1 HR Chart 26.7.Hellto all watching my charts
Ethereum has startet the next rocket to the upside
and had stopped the short consolidation aerea.
Now we have a bug jump today out of the normal Long chanel
on the upside to a
steeper channel which is very impressive.
So at the moment i cant say anythong than LONG LONG LOONG
I do really hope you are in a long position.
Good trades
If you want to support my work and my carts please be so kind and like them...
Renkotrade
ETHUSD Ethereum LONG 1 HR ChartHello to all watching my charts
Here is Ehereum again in the focus.
Still long
But we have 2 moves here.
First and bigger move is clear to the upside (blue trendchannel long)
but my the shorttime system is now even flat. !!
So we have to get an eye again on the bigger and longer timechannel
to check whats going on.
Dont follow the guys which tells you Short, Short, Short..
cause we should have here the rule:
We should trade what is really happens in the chart
and not what could happen in the future...
So till the blue channel hold i suggets to stay long...
No Sign of short at these time
2 Possibilites are in status:
First : The pair ignores the short time flat signal
and is smoothly running further up in my longsyystem (blue lines)
Maybe...
Second: The pair follows the shorttime signal as shown flat in the shorttime system and the long
is over and a more sideways trend will follow.
As a consolidation.
Only if ETHUSD break both channels to the downside i suppest to talk about short.
Good trades
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Renkotrade
ETHUSD Ethereum LONG 1 HR ChartHello to all watching my charts
Nothing really new to tell you here in this pair.
Its still LONG as you check the purple longchannel of my trading system
What is to mention, that in the short timeframe (blue lines) the power has little
bit lost and the angel in not longer such steep as it has been in the days before
(purple lines )
but in my eyes that just normal after such a rally of nearly 15%.
So be little bit patience and i do hope you are in a long position.
If something will change massive i let you know.
-
If you want to support my work and my charts, please be so kind and like them...
Good trades
Renkotrade
ETHUSD SHORT 1 HR ChartHello to all watching my charts
In this pair i want to demonstrate you a little bit
the power of my channels
I have draw my longer time framechannel in blue (as always here)
which is Short sind 17.6.2019
And i have brought you here a shorter timeframe channel
which shows you just eaysily the next direction
which is MORE SHORT...
What i wan to to tell is that the down trend has been stronger now.
And to have an idea which the latest direction of a pair is ,
is an important part of trading to verify a position (f.e.)
So stay short if you are in such a position thats what the chart tell us
Good trades
Renktrade
ETHUSD SHORT 1 HRHello to all watching my charts.
Here is my update from ETH Ethereum / USD
Today it broke the low at 265.70 and made no new highs.
So we have now lower lows and lower highs which is
clear indication of a downtrend.
Long is gone AND we have a complete new situation
with the new short channel.
How far can this trade go ?
Always a difficult question.
As you know i hate support and resistance lines
cause in most cases they dont work,
but to give you some advice :
The next bigger support in my eyes is around 253,39 which has
been old resistance (7.6.) and also support (14.6.)
Good trades
Renkotrade