Page 3 | Ethusd-trading — Trading Ideas on TradingView

ETHUSD INITIAL TARGET REACHED, JUST 3 DAYS AFTER RECOMMENDATION!Fib Extension of 1.272% at $487 hit today!!! High of the Day was $487.51!!! I hope you sold half of your position, as suggested in my original post for a 33%+ gain in 3 days!!! Now, ETHUSD should take some time to rest and then, continue its uptrend towards the next Fib Level of $580, or until the price action warrants that we close our position. This would should happen if the price closes below the 21 EMA on the Daily chart. Happy Trading! Lindosskier

ETHUSD Trading Strategy ETHEREUM/DOLLAR ETHUSD Trading Strategy You either chase momentum - or sit back and go fishing. This only works when range bound, obviously, as ETHUSD is. That's not uncommon, but what is unusual is the 50% range here, from 246 to 373 at extremes. Useful, potentially. If you prefer fishing, set sell orders at 350 with stops above 375. Or you can just set one sell order at 360 with stops above 375 - it won't get hit as often but risk/reward ratio is higher still. And the set a buy order at 267 with a stop under 240, or at 255 with same stop, but once again it probably won't get struck as often. But it's volatile, that's the point, so it might do yet, given a few days. In the near term, we can see that the real meat of each candle on the daily chart shows that 337 is actually containing daily close price (yes, it never closes, but does for data gathering purposes) but that underneath the noise of each bar, there is an upward underlying trend running under the closing price since the closing low on 23rd October - picked up pretty much bang-on by today's low price at 304...once 295 gives way you should get a chance at buying from the range lows. It's meeting a solid wall of supply at 351, too. Plain as a pikestaff. Relax, watch, wait, lay bait. It may get taken yet. Truth Be Told No one really knows Jack about any crypto. We may think we do. Some may know they do. If you really know your space, not just think you do, you're bound to do well. For the rest of us, they're just lines on a chart. But, amazingly, the chart is like a treasure map and if you just do what the chart tells you to do next, you can always remain just one step ahead of the posse chasing behind. You only need to be that one step ahead. Be lucky. Be cool too

Noticing breaks in support and the reactive spike upward. First post to anything really, so bare with me. If you are someone like me, new to trading and aren't very knowledgeable in TA. I suggest finding patterns for yourself like I have. Don't need any fancy lines or angles. I actually don't use any, just have them there for the purpose of this tip. As you can see, every time it breaks the support it just keeps going down then shoots right back up. This I think is because a lot of people have their buys set on the support. Once people see that it breaks that, they panic. Especially if they see it break their fancy lines. That's when you can start laddering your buys in. (there's never a way to tell when the best buy or sell is, so always try to ladder your funds in). Fancy lines are actually great, one day I hope to be able to use them well. But in the mean time its good to go through the history and find patterns. You can even go further back and see that it follows the same pattern over and over. Feel free to critique as I'm open to learning new things. This is not advice, this is just my strategy. Thanks and wish you all da money.