Ethusdidea
ETHUSDt signal (SHORT)Hello friends.
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Everything on the chart.
open pos: market
targets: 220 and ~215.5
after first target reached move ur stop to breakeven
stop: 231 (depending of ur risk). ALWAYS follow ur RM .
Good luck
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Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
ETH/USD - roller coaster.my position:
Sale by impulse. The sales area is 50%.
You could say there's a lot of support down there. That's what MM is counting on.
For people to buy and average positions near strong zones.
I've heard many times from experienced traders that they expect a price in the range of $170-180.
And my shorts to reach the $170-180 zone
ETHUSD some bearish signals on long term chartHi friends hope you are well and welcome to the new update on Ethereum. This coin is going really very good even better than the Bitcoin but on the long-term there are some weak bearish signals are appeared, therefore I would like to share those signals with you guys.
The price action is re-resting the previous resistance as support:
Firs of all I would like to show you the different support and resistance levels of Ethereum on th daily chart. Here the price action has bounced from $122 support and broke out the next resistance level of $149. And after breaking out it used previous resistance as a support and then priceline first attempted to breakout the next resistance of $224 and after being rejected by this resistance the price action again moved up made another succeful attempt and broke out this resistance level. At this time the priceline of Ethereum is retesting this previous resistance as a support. If this support will be broken down the Ethereum can reach at previous support at $149.
Comparison of channels of Ethereum and Bitcoin:
If we see the comparison between the up channels that are formed by the Ethereum and the Bitcoin on the day charts. Then position of Ethereum is seems to be stronger and better than Bitcoin. At this time the price action of Ethereum is moving within the up channel but on the other side the BTC has broken down the support of channel. And now the priceline o BTC is moving below the support of the channel. If we watch the exponential moving averages with the time period of 10 and 21 then both are touching each other.
Comparison of Ethereum and Bitcoin’s simple moving averages:
If we watch the simple moving averages with the time period of 25, 50, 100 and 200 of both charts. Then Ethereum has just broken down the 25 simple moving average today and on the other side the Bitcoin broke down this simple moving average before the Ethereum at this time the price action of Bitcoin is at 50 simple moving average support but Ethereum can move all the way down the retest the 50 simple moving average support and this time this support is at $218.
However the moving averages on Ethereum’s chart has completed the setup for an open alligator mouth. That is a very strong bullish signal. As the 25 simple moving average is above all then we have the 50 simple moving average then 100 and the biggest time period simple moving average that is 200 is below all the other moving averages. But on the Bitcoin chart the 100 simple moving average needs to cross up the 200 simple moving average in order to complete this bullish setup. Therefore we can say that Ethereum is more bullish than BTC. And if the Bticoin will make any bullish move then Ethereum will make more bullish move than BTC.
A big descending triangle and my prediction of 180% bullish move:
Now if we watch the Ethereum price action on the long-term weekly chart. Then it has formed a big descending triangle. I am observing the movement of the price action within this triangle with the combination of stochastic and MACD indicators. And it can be easily seen whenever the price action reaches at the support and we receive bullish signals by the stochastic and the MACD indicators then the price action moves up to the resistance of the channel. By repeating this act the Ethereum price action first produced more than 355% bullish rally, then it produced more than 150% bullish move and recently it has produced more than 180% gains. Using the same method I predicted this last bullish rally in my previous article that I posted on 28th of March when the price action of Ethereum was moving at the support of this descending triangle as below:
Previous article:
Now at this time we can see that the price action has reached at the resistance of this descending triangle and the stochastic is still in bull cross but the MACD has turned weak bullish from strong bullish. This is the first indication that it is turning bearish now we should observe if the price action would be moving at the same level and the stochastic would be in bull cross and MACD indicator will be again turned strong bullish from weak bullish, then we can expect that the price action will break out the resistance of this triangle. Otherwise it can move down to the support. I have also play the volume profile on the complete price action. And that is showing that the price action is moving in the area where the trader’s interest is really very weak. That is another indication that the price action can move down to the previous support from here.
Conclusion:
On the daily chart the Ethereum is more bullish than Bitcoin. It means that whenever the BTC will move up then Ethereum will make big move than the Bitcoin. But on the long-term as it has reached at the resistance of the triangle therefore we need to observe all indicators and signals very closely for any upcoming bearish is move.
ETHUSDt locally signal (SHORT)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and 1 more sell limit order on ~238.1
targets: 229-227
stop: ~240(depending of ur risk). ALWAYS follow ur RM .
risk reward 1 to 3
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
Anybody Seeing This?Given the strong rise in crypto and the stock markets... it seems be logical to move more upwards. 📈
However... that could also be a reason for stocks and crypto to go down. 📉
Whatever the case. We NEVER know for sure. 🤷♂️
That's why we place our bets along trend lines, and support and resistance levels. 💵
The flag pattern ⛳ you see here is a classic one. We can expect prices to rise when the price breaks the resistance. On the other hand can we expect the prices to fall when it breaks support...
Both are good possibilities to happen.
Look for trades with high reward and low risk ratio. You might still lose some trades. But over time you will be making consistent profits. 💰
Be patient... be relaxed... and pray for making the right decisions. 🙏
ETHUSDt locally signal (LONG)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: 243(market) and 241.5
targets: 255 and 267
after first target reached move ur stop to breakeven
stop: 235 (depending of ur risk). ALWAYS follow ur RM .
risk profit: almost 1 to 3.5
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
Ethereum Reached the Important Level, It's time watch this levelEthereum is currently trading in a Important Resistance area!
If it breaks upside the resistance it will go more higher up to 290$
But, If Ethereum can't break through this resistance and breaks the trend support, we can see Ethereum again in 150-160$ level.
We can also see a bearish divergence in RSI, it's not fully confirmed yet! We need to see how the today's candle closes!
I will update this in future seeing the market!
Please hit the like button and comment your thoughts! 👍👍👍 :)
Stay Tuned;
ETH/USD - shorts from level)The $200 level is important to me.
A break down will open a bearish trend.
I'll wait for the downward movement.
Scenario change:
Break-down level is $ 205.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
ETH/USD - shorts from level)
The air gives mixed signals to the market. On the one hand, there is a local crossover and the signal is bullish, but now Bitcoin and Ether are pressed against important resistances within the patterns. Still, I hope that there will be a breakthrough of resistances.
I will try a new buy locally on the pullback.
If I move from the current one, I'll look at the situation.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!