ETHUSDT Ascending Triangle Pattern!!ETHUSDT (1h Chart) Technical analysis
ETHUSDT (1h Chart) Currently trading at $1973
Buy level: Above $1970
Stop loss: Below $1941
TP1: $1990
TP2: $2030
TP3: $2075
TP4: $2140
Max Leverage 10x
Always keep Stop loss
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Ethusdidea
ETHEREUM: WAITING FOR A POSITIVE MOVE.ETH has been under the bullish falling wedge for quite some time and till now it has failed to show any positive move. With the pattern ETH is forming, it will be important for ETH to break above the resistance trendline for a positive confirmation. A breakdown below the supporting trendline will ruin the chart and make things more complicated.
I am expecting a breakout soon. What's your opinion? Let me know in the comments.
Thank you for reading.
Trade safely.
Regards,
Team Dexter.
Bulls Will take control on Eth! Trade Idea {16/07/2023}Educational Analysis says ETHUSD may go Long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Because ETH fair value gaps are unfilled in a 4-hour time frame.
through Fibonacci retracement, I am targeting up to 1.610 ratios.
The black line is the fair value gap line
The blue line is high and low of the current price.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ENTRY - 1930.88
STOP-LOSS - 1896
TAKE PROFIT - 2110
THE RISK-TO-REWARD RATIO IS 1:5.64
happy trading.
ETHUSD Analysis 16July2023for a moment there is a bullish trend that is more dominant, but if you look at the shape of the swing that has been formed, it could be soon entering a correction period. if you want to go long for the long term, it is better to hold back or maybe buy with the adjusted dollar cost averaging method.
Is RSI over 50 something to be concerned about ETH?
I am writing to express my concern about the current state of Ethereum (ETH). As you may know, ETH's Relative Strength Index (RSI) has recently gone over 50, indicating that the asset is in trouble.
This is a worrying sign for anyone who has invested in ETH, as it suggests that the asset is losing momentum and may be headed for a downturn. As traders, we must pay attention to these signals and take action to protect our investments.
I urge you to take this warning seriously and consider your options carefully. Whether you hold on to your ETH or sell it off, you must stay informed and ahead of the market.
In these uncertain times, being vigilant and proactive in our trading strategies is more critical than ever. I encourage you to closely monitor ETH and take any necessary steps to protect your investments.