Ethusdcrypto
#ETHUSD#Ethereum, Already going back to business?The trend in the daily graph is still bearish.
The support that broke in last week became resistance, basically the line we added in the above graph at $ 197 is used today as important resistance and currently, Ethereum is in the breaking stages of this resistance line.
The Stochastic lines are positioned at 20 which is a level that could signal a potential increase
Target: $ 233
ETHUSD to reverse from downside confirmation, potential drop!
ETHUSD to reverse from its downside confirmation at 187.32 where it could potentially drop further to 142.33.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
#ETHUSD#Ethereum, Operating instructions for AugustWe have been stuck for a month between $ 197 and $ 233 and we expect it to continue for another month.
So what can be done by then? Buy as close as possible to support $ 197 and sell as close to resistance as $ 233.
If you are a trader who wants to trade only with the trend then wait for the price to approach $ 233 and then sell.
ETHUSD hits the wedge support a good long opportunityThe priceline of Ethereum / US DOLLAR hits the support of wedge after 28 July 19.
MACD is turning bullish.
RSI is oversold and turning bullish.
Stochastic has given bull cross.
I have defined sell targets using Fibonacci sequence as below:
Sell between: 218.76 to 230.89
Regards,
Atif Akbar (moon333)
ETHEREUM has completed cypher | 64% expectedThe priceline of Ethereum / U.S Dollar Cryptocurrency has formed cypher pattern.
The price action is entered in potential reversal zone and we has 50 simple moving average and 100 SMA supports in PRZ area.
The MACD is turning bullish.
Stochastic is oversold.
From here the price action can move up to hit the sell targets soon insha Allah.
The targets are set using Fibonacci sequence.
The targets are:
Buy between: 224.73 to 191.33
Sell between: 251.00 to 314.20
Regards,
Atif Akbar (moon333)
ETHUSD approaching support, potential for a bounce!
ETHUSD is expected to drop to 1st support at 189.21 where it could potentially react off and up to 1st resistance at 371.18.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.