ETHEREUM Broke out from weekly downtrendETHUSD is leading the market recently, ETHUSD's price rose from 142$ to 179$, and closed last week above 167$.
ETHUSD is promising higher ROI than BTCUSD trade lately, and we have also seen that ETH is usually heading the rally, and bitcoin is following it.
ETHEREUM had broken out from a weekly downtrend after a weekly close above 167$.
ETHUSD had also managed to close weekly candle above 21MA - which is again bullish.
Looking a MACD, we can spot a clear Bullish crossover: which indicates bullish continuation.
Trade Signal:
ETHUSD
Entries: 145-160$
Exit: 210-240$
STOP: 130$
Ethusdidea
ETHUSDT - where to expect not to miss a profit?Good afternoon! To everyone who holds this coin in their portfolio or trades it - the chart shows the areas in which the coin should be expected.
The first sales area is 220 -250. The middle boundary of the channel. And the next upper border of the channel, a very strong sales area of 300-350. In the breakdown of which we can talk about a trip to 400 and above.
Most likely the price can be expected in the zone of the upper boundary of the channel, and there it will be necessary to analyze the probability of a hike higher.
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#ETHUSD#Ethereum,Continues the positive momentumThe ETHUSD reached the 200 moving average line, failed to break the resistance and began a price correction, the Ethereum stopped exactly at the 100 moving average line used as a support line and returned to the rise, the strong support strengthening the buy signal.
A green Ichimoku cloud accompanies the ETH and this is a bullish sign.
The candles located above the Ichimoku cloud reinforce the buying model.
Target: $ 175
#ETHUSD, We are still bullish and the explanation is belowThe 2 positive signs that have happened on ETH over the past few days are:
1. Breaking the average line moves 100 and staying above it.
2. The Ichimoku cloud has changed from red to green.
On the other hand, we have the high-ranking Stochastic and RSI, which means that the price correction after the recent surge of uncertainty has ended, the Ethereum is still trending down on the daily graph.
We recommend careful buying with a target of $ 180
ETHUSD approaching resistance, look out for potential reversal!
ETHUSD is approaching its resistance at 149.88 where it is could reverse down to its support at 134.42.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
ETHUSD potential reversal!
ETHUSD expected to rise up to 1st resistance at 149.88 where it could potentially react off and drop down to 1st support at 134.42.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
ETHUSD approaching support, potential for a bounce!
ETHUSD is expected to drop to 1st support at 138.80 where it could potentially react off and up to 1st resistance at 158.50.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
#ETHUSD#Ethereum, The bears will continue to celebrateThere was no breaking the resistance at $ 158 like we thought it might be
The last 2 candles were closed in the shape of a star that they would usually appear at the end of the trend and indeed the candle that followed was red
The Ichimoku cloud continues to be a bear cloud and the candles are still below the cloud and the blue line is still above the red line, all of which indicate continued declines.
The price below the 200 moving average line.
Target: $ 131
#Ethereum#ETHUSD, Delicate signalThe Ethereum faces a resistance line that used to be a support line.
Judging by Stochastic Indicator and RSI Indicator we are ahead of wave ups.
In the case of breaking the resistance line at $ 160, Ethereum will be able to return to the range between $ 160 and $ 193.
We recommend a very careful purchase with an initial target of $ 161
ETH Important Support!After losing the important 166.75 line we took a short there also and are now in profit. We moved our stop loss to entry so we have a secured trade there.
We reached now heavy support
Heavy support
Bullish Divergence
Oversold on all timeframes (weekly not)
Maybe we are able to bounce here.
Depends what BTC is doing at this level.
ETHUSD formed bullish Crab | Upto 46% expectedPriceline of Ethereum / US Dollar cryptocurrency has formed a bullish Crab pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 140.83 to 124.86
Sell between: 153.21 to 183.53
Regards,
Atif Akbar (moon333)
ETHUSD formed bullish Butterfly | A good long opportunityPriceline of Ethereum / US Dollar cryptocurrency has formed a bullish Butterfly pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 177.33 to 173.24
Sell between: 180.50 to 188.12
Regards,
Atif Akbar (moon333)