💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3160.51).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 66.
Take Profits:
TP1= @ 3326.50
TP2= @ 3412.67
TP3= @ 3535.56
TP4= @ 3622.18
TP5= @ 3713.83
SL= Break below S2
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Ethusdlong
Ethereum- Higher low in place?Although it has broken under 3200 support, losses for Ethereum are limited and I don't "see" much sell power.
The crypto may have found a new low above 3k and a new leg of correction to come.
I'm cautiously bullish at this moment with more confirmation above 3200.
A daily close above 3200 could expose 3600 important resistance and 3400 is now interim resistance.
A drop under 3k would put bearish scenario back in play.
Best of luck!
Mihai Iacob
#ETH dips back as expected. Price nearly came to the support #ETH dips back as expected. Price nearly came to the support zone and pushed up. Well, still the momentum is bearish unless it breaks the resistance around $3200. Also, already mentioned it's HTF pullback, so expecting a new HH by the next week .
By @CryptoAXEN
ETHUSD long zoneFor more Daily Detailed Analysis, don't forget to click on the follow button after reading!
Here we have our Daily Chart for the ETHUSD. This trade can be held slightly longer term by Re buying.
We are looking long at low STOCHS+ some nice price action and rejection from the current area.
Looking long and to exit at the eclipse symbol area.
Ethereum: Buy at Support?Ethereum - Intraday - We look to Buy at 3331 (stop at 3269)
Short term bias is mildly bullish. Prices have reacted from 2926. Price action is forming a bullish flag which has a bias to break to the upside. 50 4hour EMA is at 3320. 20 1day EMA is at 3520.
Our profit targets will be 3519 and 3589
Resistance: 3400 / 3450 / 3500
Support: 3330 / 3260 / 3200
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Ethereum- Continuation after testing supportLike a lot of coins, Ethereum is also in a recovery mode with the price reversing from 3k important figure.
A first leg up drove the price to 3.4k and a small leg of correction followed that move.
3.2k old resistance and congestion zone offered support for this correction and now EthUsd looks ready for a new leg up
I'm bullish as long as this support holds and I expect a test of 3.6k strong resistance
ETHUSD to move longFor more daily detailed analysis, don't forget to click the follow button. Also if you have any questions please do ask them!
We are looking long on our ETHUSD charts after this fall to the short side.
We are at comfortable support zones and we are looking to continue the long move up from higher TF's. Price action is supporting our longside view.
Exit is at eclipse symbol area. We will look long further after this.
ETHUSD out and longFor more daily Detailed analysis, please feel free to click the follow button. If you do have any questions, please do ask them!
We gradually looked short on our ETHUSD chart. We are now looking long intraday.
We have fallen off the Resistance zone and we are looking long again.
Exit is at the eclipse symbol.
Ethereum breaks Weekly Pivot Point. Can we long it?The ETH / USDT price stopped rising at the important Pivot Point Weekly level.
The level has been broken and now is being tested. If resistance becomes support, then we have a free path to the daily trend line and possibly further to a fair price (Point Of Control).
Entering the trade is needed to confirm all the factors of our Price Action Strategy.
Happy trading, Alex_UCT
Ethereum can rise to 3650After a short-lived dip under 3k figure, EthUsd has started to rise and has regained pretty quickly 10% of its value.
This correction could continue for Ethereum and we can see it challenge 3650 important resistance.
I'm bullish as long as 3k is intact and I will look to buy dips in search of a good R: R ratio.
ETHUSDT-LONGBased on technical factors there is a long position in :
ETHUSDT Ethereum
Score 2️⃣
🔵Long Now or set on Key Level 3220.00
🟢Target 1 3400.00
🟢Target 2 3580.00
❌Stop loss 3190.00
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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ETH Dump to 2700s (Real Bottom)This fractal is replaying and projecting that we are about to dump down from this W to form the inverse head and shoulders which will actually represent the bottom before the reversal. The 1.618 fib level will predict the bottom which just so happens to be in perfect confluence with the last time we played this pattern out. I'm short from here and will long the quick wick down to the golden pocket just like I did at the bottom of this W
Megaphone pattern ethusdt 15m Chart bullish i Found a Megaphone pattern ETHUSDT 15m Chart
read detail about Megaphone Pattern
A megaphone pattern is a pattern that consists of a minimum of two higher highs and two lower lows. The pattern is generally formed when the market is highly volatile in nature and traders are not confident about the market direction. Normally this pattern is visible when the market is at its top or bottom. The greater the time frame is better the pattern will work.
Megaphone pattern is a pattern that consists of minimum ofo higher highs and two lower lows.
The pattern is generally formed when the market is highly volatile in nature and traders are not confident about the market direction.
Megaphone pattern is known to give multiple trading opportunities to the trader.
This pattern also can be traded when it fails but is necessary to identify the failure perfectly.
Sometimes only pattern is not enough to take best trading decisions you may need multiple indicators to identify better entry and exit points
ETHUSD LONG on bottom outDon't forget to click on the Follow button for more daily detailed analysis, Also if you have any questions, please do ask them!
Here we have our ETHUSD chart.
As of late you will have seen my intraday ETH posts.
After exiting on the long side we are looking to RE long lower down at the current price. This is due to the bottoming out of price and comfortable support on higher TFs.
Exit is noted by the eclipse symbol area.
ETHUSD long on fallDon't forget to click on the Follow button for more daily detailed analysis, Also if you have any questions, please do ask them!
Here we have our updated ETHUSD chart.
Recently we have seen a hard and fast fall. We are now long looking for intraday gains.
Prices across the board on cryptocurrencies have been smashed and they are Great for longs.. we want to buy when price is LOW and get out on moves up.
Exit at eclipse symbol.