Ethusdlong
Possible Wave 4 correction done, Wave 5 now for ETHThe target zone all depends on what ETH decides to do here, we can still correct lower to the $1460 or $1425 range, but means that the bounce will be higher.
Wave 5 would be the 1.618 retrace of wave 4 which currently bring us to around $1665 which imo there is a lot of liquidity to be tested there.
RSI on the 1hr also is at lows, once it bounces and breaks the resistance trend line, expect moves higher.
ETH/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ ETH/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Isolated (5.0X)
Entry Orders:
1) 1305.59 - 100.0% (249.0279 USDT)
Take-Profit Orders:
1) 1335.89 - 75.0%
2) 1372.85 - 20.0%
3) 1551.8 - 5.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
EthUsd- Etremely important breakAfter more than a month of consolidation in a tight range between 1400 and 1250, Ethereum managed yesterday to break out and accelerated its gains to 1500.
This break is very important technically for 3 reasons:
1. The break is to the upside suggesting accumulation
2. The break of horizontal resistance coincides with the break above the falling trend line from the recent high at 2k
3. This break confirms 1200 as a higher low and very strong support from now on.
In conclusion, bulls are favored and I expect continuation to the upside.
From now on, buy dips can be a good strategy and an ideal zone for this is between 1400 and 1430 with a stop loss under 1200.
Targets are as follows:
1. 1750 the high from the recent leg down and an old support
2. 2000 the recent high and psychological level
3. 2500 important technical and psychological resistance and also 100% rise from the recent low, equal with the initial leg of correction from under 1k.
Etherium - accumulation continues.Locally, after withdrawal of liquidity from the lower boundary of the range, the price continues to move in a flat.
On this situation I can say that they lure the shorts for further movement at the expense of stop losses.
I consider the opening of a long position.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
ETHUSDT my Q4 trade setup for last trade of the dearLast ETH long trade for the year will start soo.
Curcial is to create the first bullish reversal pattern and to follow the white path. If we get the final bigger trend to the downside, it will be time for me to start a new trade.
Lets take a look in a couple of weeks if this one played out. All path lines are created with elliott mainly and as guidelines the s/r levels.
Cheers. ☺️
Buying Ethereum on dips.Ethereum - Expiry tomorrow 8am uk time - We look to Buy at 1266 (stop at 1239)
Support is located at 1260 and should stem dips to this area.
We look to buy dips.
We look for a temporary move lower.
Our profit targets will be 1336 and 1366
Resistance: 1340 / 1380 / 1400
Support: 1280 / 1260 / 1220
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ETH to $2034 Daily chartLooking for a breakout to $2034 for ETH on the Daily. Similar to the previous pattern highlighted, a retrace to the 0.618 fib, with a sideways accumulation on high volume. Lower prices rejected forming a Spring.
Blue Monday Coming Up...(I think)Hey trader, I hope you had a fantastic weekend ;)
The price seems to want to rally. It formed a bullish head and shoulder pattern that led it to bullish break and retest its neckline together with the 50 and bullish crossed short-term MA's. This signals an upcoming 3-level uptrend to the last take profit point that forms part of one of the high timeframe targets. However, the price might not rally as anticipated. It may drop to the first trades stop loss key level, before or after triggering the trades. With that said, take these trades at your own risk!
That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section, I'd love to know your thoughts!
Stay Blessed Baby,
Sphatrades.
ETH - Buying SignalBYBIT:ETHUSDT
15M time frame
-
ETH forms a potential inverse head and shoulders on 15 minutes time frame, which is a bullish pattern.
The better way is wait it to break out 1291, but we can start to open long here because we are in the accumulation zone.
-
Entry: 1285
Add: 1280
TP: 1293, 1297. 1305
SL: 1277.5
ETH - buyers already dominate, sales have weakened.At the end of this accumulation we can see how purchases dominate sales. Most of the sales are locally bought out and buyers have the strength and desire to accumulate another position at a bargain price. The local decrease in volumes shows a decrease in the number of sellers.
In case of successful resumption of purchases we can observe the emergence of a local uptrend.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Etherium - the price goes to test the buyer.Strong players hold the price inside the trading range. After the approach to the upper boundary we see a pullback, on the approach the chart shows a weak resumption of buying. This situation tells us about a possible test of buying at more favorable prices.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
ETHUSD - Strong BottomETHUSD is currently within a down channel
Price I expect is yet to be rejected again, and move further down to hit the strong bottom at the middle or top of a horizontal channel I have placed
I have attached a price label to points where I expect a potential reversal for ETH
Hourly Chart
ETH - Buying SignalBYBIT:ETHUSDT
4H time frame
-
Ethereum keeps vibrating as a triangle, which is made of a downtrend and a uptrend line.
Therefore, here are lots chance to trade between these two lines, tend to be bullish once price approaches to the uptrend, so we open some long at 1315 firstly.
Because the Uptrend line has been providing support so far, so we add positions if price gets corrected to 1300.
-
Entry: 1315
Add: 1300
TP: 1360, 1395, 1415
SL: 1285