Ethusdcrypto
ETHBTC , sell on H1Spotted huge potential falling wedge pattern with price moving in rising wedge .
Our immediate trading idea is to wait for possible retracement toward the wave d level of the rising wedge .
At the wave d level we should expect price to rally back up for next leg up at wave e but, if for any reason price break wave d down, it will signal huge BEAR potential and vice versa if the level hold and we move towards wave e.
Oscillating indicator on daily look seriously overbought and i believe this need to cool down so we should expect the drop towards wave d as soon as possible.
eliot 12345
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
ETHEREUM - ETHUSD - BEHAVING AS EXPECTED - $233 AND MOREHey guys, if you have see my last post on this pair you would have seen/identified that ethereum seems to be in an upward channel.
if this is the case, we could see a drop down soon. currently, we have completed AB wave looking to complete the C wave at around $180. at this point we have a resistance that
could drop price down to round $127-$111.
Another Possibility is - if it breaks the $180 barrier then we are looking at the move up to around $233
ETHUSD looking good and behaving in a good way
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
ETHUSD - COULD IT HIT $180 SOON?IF I AM CORRECT AND ethusd IS FORMING AN upward channel, then we might be seeing ETHUSD hitting $180 dollars in a few days to a week. keep your eyes on xrpusd, and btcusd for the price action as that also affects this crypto
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
ETHUSD? what next movement? price analysis?Hey guys, i know it's quite late for short but can still grab some profit. Seem like market following down channel pattern from a very long time and recently tested it's resistance as per channel but before that we see a small consolidation near resistance and breakdown and market moving down and can test our support line (Purple) drawn and market can again consolidate nearby there. We will update our idea as per market till then happy trading.
ETH - how to put a BITMEX trade without getting REKT ?It is a to- the- point analysis without any frills and lets you know exactly how to put the trade .
A lot of trade pandits will beat around the bush without telling you exactly how to exceute an order on BITMEX . This will show you how to put an order without getting REKT .
First the TECHINCAL ANALYSIS
Eth analysis needs breakdown on all time frames 1 hr (green Trend line), 4hr ( blue trend line) & even Daily ( yelllow trend line ) as ETh is at its peak . Change time frames to check
Line analysis - Tom Demark ( modern TA - coloured trend lines as above )+ resistance support (Classic TA - pink lines ) agree at the following to buy at these levels
Harami cross - indicating sideways movement for some time so buy on break out.
MACD & CMF are not showing a BUY , CFI trending dowing so I will wait for a break out .
But you dont need to wait you can put an order with the following instructions RIGHT NOW.
HOW TO EXECUTE THE ORDER ?
Every BITMEX order will comprise of the following three orders , Trigger , stop loss & take profit
BUY @ greater than 167 ( Put STOP MARKET ORDER @ 167 , uncheck REDUCE ONLY )
TARGET @ 210(Put TAKE PROFIT ORDER @ 167 , check REDUCE ONLY )
STOP LOSS @154 (Put STOP MARKET ORDER @ 154 , check REDUCE ONLY )
Size- 30 % of your portfolio on BITMEX ( 2 % risk ) . This one is volatile so dont go beyond this position size .
Dont short for short term swings as it is trending up on the daily .
Visit us at www.cryptoanteg.com and have a look at our store . Join us on Telegram at t.me/catforcrypto . You can buy stuff with bitcoin over there . Also look at trading bot section .
A FULL ETH USD ANALYSIS FOR THE REST OF 2018 (3rd November 2018)ETH USD ANALYSIS FOR THE REST OF 2018 (3rd November 2018)
So for this analysis ill bee zooming in from the 3 week time frame all the way down to the 1 hour time frame and give you guys the possible price action that will all happen from now till the end of December , I will also be including my thought process and explanation as of why and how I come to a specific conclusion in each timeframe. I will explain everything from an indicator standpoint before moving on the Elliot wave. I will update daily on both my twitter and telegram channel which I will include at the end of this analysis. The long and short signals/setups will also be posted there
DISCLAIMER:THIS IS NOT FINANCIAL ADVICE
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Our 3 week chart and 1 week chart has our TD flipped over to 9 which indicates possible trend reversal at this price point
as you can see how accurate the 1 week TD was where it called the top and flipped down similarly this is now happening at the bottom as well
Now lets take a look at our 3DAY RSI which is currently wedging in really tight and has already broken out , aided with the TD trend reversal our chances of breaking up are higher than breaking down from now till the end of year
however you may notice that the rsi on the 3day candle which just closed just made strong bearish divergence which indicates the next 3 day candle should possibly be a red candle breaking down to retest the wedge like how I have drawn in the chart below
where do I expect this the price to settle at? I will discuss this as we progress down into the lower time frames
So first off this is my overall EW count on ETH which has me looking for a pump all the way from here to 300-400 during the November to December period.
zooming down to the current price action this is currently what will possibly happen in the next 5 days or so, as you can see in the chart below we have made a bear div once again from the B wave and D wave in the chart below. This leads me to conclude that our next dump will probably go to around 187 region which at that price point I will start to look to long with a stop at 183 for a 1 month swing possibly
So in summary I see eth going down to 187 before going up to 300-400 regions which there after I will update the possibility of a further downtrend or a bullish continuation in December ,take care guys
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