ETHUSD Movement in the sideNew cryptocurrency market!
New set of positions on Ethereum
On the market survive not the strongest but those who are flexible and quickly adapt to the situation.
I recommend you not to look at the market as if it is 2016 - 2018, as it has changed , and now there is the process of muscle building to the skeleton that was formed 10 years .
Now on the market are guys from Wall-Street, who have extensive experience in algorithmic trading.
What do they have ?
-Trained neural network of algorithms from the world stock market;
-The best sluice, channels and data centers;
-Hundreds of millions of dollars in order to move the market in any direction and make you think as they need !
They came here to blue sky, open field of hamsters (fish ).
Because the market is so jerky, going up and then down. Their first test model was Bitcoin , without reasons and warnings, it has grown so quickly , and on this growth it Cuts all people and will cut even more.
As for the altcoins , I am sure that the majority opinion is unambiguous ,HATEFUL OPINION .More Negative than positive .
If you think that no one is manipulating you , then you are in the hands of professionals.
Ethusdidea
ETHUSD formed Crab and entered in potential reversal zonePriceline of Ethereum / US Dollar cryptocurrency has formed a bullish Crab pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
MACD is strong bullish
Stochastic is oversold and has given bull cross
RSI is coming out form oversold zone
Volume profile of complete pattern is showing less interest of traders at this area
The potential reversal zone can be used as stop loss in case the complete candle stick closes below the PRZ area.
I have used Fibonacci sequence to set the targets:
Buy between: 188.92 to 141.16
Sell between: 226.21 to 317.04
Regards,
Atif Akbar (moon333)
#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.
Ethereum NEUTRAL Still in the range#Ethereum #Bitcoin #Litecoin
Hello to allwatching my charts.
In some words:
Ethereum still caught in the range between
200
and
235/240
Nothing new happens .
We have to wait in which direction the outbreak will come
The chance for long and for short i do see same
at 50 : 50 chance.
Good trades
If you want to support my work and my charts, please like them...
Renkotrade