Ethereumusd
The Dominace Of Ethereum. (ETH)Nice wedge pattern developed.
We are testing the top of range.
Monthly is showing a potential turn for a big push up.
Bitcoin dominance continues to drop as ethereum dominance seems to show different signs.
We are getting some nice price movement on the weekly and 2 week on bitcoin but we are not out of the gate yet.
Monthly turns are the signs we want when looking for a long term entry.
Good luck.
$ETH, Sitting above support at around ~184$ (Bullish...$ETH / #USD
Sitting above support at around ~184$ (Bullish unless losses it)
Watching 2 different formations here as UCTS signals Buys across almost every LTF & daily
Ichi cloud almost crossed to the upside on the daily..
Willing to get green path but ready for yellow.
#ETH
ETHUSD 182.10 -3.07% LONG IDEA Good Day Traders....
HERE'S A LONG IDEA OF ETHUSD
ETH PRICE IS SHOWING A LOT OF (+) SIGNS WITH A NEW HIGH NEAR $190 AND WE ARE CORRECTING LOWER OR RATHER RETRACING
LOOKING FOR A BOUNCE BACK ABOVE $178 & $175 SUPPORT LEVELS
THERE A RE STILL A LOT OF SIGNS OF CONTINUATION TO THE UPSIDE SO IF WE SEE A RISE TO ABOVE $190 WE'LL BE IN A STRONG UPWARD TREND WHICH WE'LL THEN TARGET $200 & $266
PERIOD - SWING TRADE
LOOKING FOR GOOD ENTRIES WITH THE BULLS
* IF YOU LIKE THIS IDEA KINDLY LEAVE A LIKE AND COMMENT... KINDLY FOLLOW AS WELL FOR MORE SWING AND DAY TRADE IDEAS, APPRECIATE IT.
Ethereum: Ascending Channel Analysis 1D (Apr. 21)X FORCE GLOBAL ANALYSIS:
Ethereum has been showing a slow and steady uptrend, creating higher lows and higher highs on the daily. In this analysis, we look at Ethereum (ETH)'s technicals to determine the bullish and bearish probabilities.
Bullish Evidence
- Prices have been creating a steady higher lows and higher highs on the daily
- The ascending bullish parallel channel remains intact
- We have broken through the 0.236 Fibonacci resistance, and the 0.382 Fib resistance
- The Relative Strength Index (RSI) also shows an ascending trend, with higher lows and higher highs, demonstrating trend strength
- The Moving Average Convergence Divergence (MACD) shows increasing bullish histograms as a sign of momentum to back bullish movement
Bearish Evidence
- However, We have been rejected by the 0.5 Fibonacci resistance
- While the bullish candles appear slow and steady, we have previously seen a huge bearish engulfing candle, demonstrating that bears are in control
- Because we are trading in an ascending channel after a drop, this could be a setup for a bearish flag
What We Believe
We believe that Ethereum is likely to continue its bullish uptrend, given that prices remain within the ascending channel. A break and close below the channel support could confirm the start of a new downtrend.
Trade Safe.
ETHEREUM : FELL IN LOVE💘💘💘Hey, guys!❤ I want to tell you a few words!😚
I'm glad of your feedback.💙 Your comments, private messages make me very happy. 😇 They charge me with energy, I, like a battery recharging and ready to work again and again !!!🔋🔋🔋 Thanks a lot!😚
Thats my last analysis for today!🤗 Let's consider ethereum.👁🗨
Take a look, it's a pleasure.😌
👀Look at the figure, that I marked on the chart👀 Yes, yes, this is Adam and Eve ... such mercy))))💘💘
Now the price is rising, so let it be )))🤗
😍😘Guys, thank you for your suppor !!! I love you!🥰
Everyone, who has recently folloed me - welcome 🌞!!! I'm very glad to see you!😘
✔Stay with me!✔
Your Rocket Bomb🚀💣
My Investment Plan Scratch the Trading PlanAs I write I will include quotations from my part one idea.
For those that don't have an investment plan I recommend you do this
(1) Buy a ledger, put your favourite cryptocurrency on it
(2) Wait
(3) Pass on to your loved ones
In doing this replacing 'margin trading' "As I believe this is a huge growth industry, currently I use a Ledger, which are readily available and a great way to store your currency."
Sadly i am convinced that there is no 'fast way' to make money. 90% of Trades are likely to fail and will fail, and favoring the more stable 'growth over time' method is a lot more logical.
From my own perspective I have tried margin trading and I have won and lost, but overall lost, its non-profitable. (I don't know about all y'all but either you're a king walking earth or lying). Let me know if you think you're a king.
Replacing this popular margin trading with the ledger in turn won't have you checking your phone every two minutes, checking prices.. And is incredibly less psychologically straining. I 'put the most emphasis on this' as you have possibly noticed the psychological strain yourself.
Currently i (and you should) simply 'ride the ups and downs' of the market with joy, knowing that the long-term uptrend is still intact. Which is very satisfying.
'For reference currently I plan on holding my cryptocurrency for 20+ years' That is the current plan, however i may put it in my Will.
Many of these coins are very young and have much growth to experience.
Good luck and stay safe friends
My first idea if anyone would like to see it, a repost really but i thought now i have a larger following I would let more people know
Cheers,
Bixley
ETHUSD forming bullish Shark | A good buying opportunity aheadIn my previous idea we have seen that on 1 hour chart the Ethereum with Bitcoin pair was forming bullish Shark then finally as per prediction the priceline entered in buying zone and after hitting the sell zone dropped down.
Formation of new Shark pattern:
This time again on short term hourly chart the price action of Ethereum with US dollar pair is forming another bullish harmonic Shark pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern should be:
Buy between: $152.95 to $150.74
Sell between: $154.86 to $159.24
Stop Loss:
The potential reversal zone area which is up to $150.74 can be used as stop loss in case of complete candle sticks closes below this level.
Possible profit and loss ratio:
As per above targets this very short term hourly chart trade has the profit possibility of 5.63% and as per above mentioned stop loss, the loss possibility is 2.82 %.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.