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Ethusdsetup

Learn Trading Setup in Ethereum chart!Hey all traders, One of the good positions and setup for trading (in futures) is to enter after the channel lines (support and resistance lines ) have broken. Here is an example of an Ethereum mini-channel on a 4-H timeframe. A small uptrend channel in a very large downtrend channel, which we call a mini channel ( or Just I'm Call it ! ) anyway :-D As long as the main channel (big downtrend channel) doesn't change its direction or the price chart does not cross the support and resistance lines of this channel (breaking the trend lines), this trade and this setup are valid and active. Below is a brief explanation of the entry and exit prices... From up to Down The Stop Loss is higher than the last week's highest price | $1728.00 Entry price is slightly below the minimum price of the chart, after breaking the trend line in the uptrend mini-channel | $1335.00 The last Target is $1150, which is equal to the Fibonacci 2 ratio in the daily time frame. Good Luck --------------------------------------------------------- Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Short
by Arash-RK
2
ETH/USD LONG SET UP Technical Analysis July 28 Ethereum (ETH/USD) rebounded in today’s North American session as the pair appreciated to the 320.74 area after profit-taking pushed the pair lower to the 306.29 level, a test of the 305.98 area that represents the 38.2% retracement of the recent appreciating range from 260.10 to 334.34. Stops were triggered below the 312.46, 310.62, and 309.66 areas, retracement levels related to recent appreciating ranges from the 241.62, 223.85, and 229.77 areas. Traders were able to push the pair to a fresh 2020 high after Stops were triggered above the 328.56 area, a level related to buying pressure that emerged around the 90.00 area after the pair’s precipitous decline this year. Related areas of technical significance that traders will continue to observe include the 312.82, 316.32, and 322.16 areas. Additonal upside price objectives include the 336.10, 337.33, 342.29, 350.44, 354.22, 366.48, and 369.26 areas. A couple of interesting levels that traders will observe on retracements lower include the 301.20 and 301.40 areas, and they are related to buying pressure that emerged around the 241.62 and 319.86 areas. After crossing the psychologically-important 300.00 figure, technical support is now evident around the 309.66, 294.49, 282.06, and 269.72 levels. Title :ETH/USD BUY LIMIT ORDER Asset : Crypto Symbol : ETH/USD Type : Limit Order Time Frame : 4hr Entry Price 1 : $281.80 Entry Price 2 : $273.80 Stop Loss : $265.80 Take Profit 1: $302.00 Take Profit 2 : $322.00 Take Profit 3: $340.00 Trail your stop loss Take profit 4 $360.00 If the market fails to sustain its recent move above the 300 area, traders are waiting to see what will happen around areas of technical significance including the 281.81, 275.07, 267.19, 260.83, 254.46, and 246.58 levels. Stronger bids are likely in place around the 298.60, 285.45, 274.82, and 264.18 areas. Appreciating ranges that are technically significant include the move from 229.77 to 334.34, the move from 233.85 to 334.34, the move from 241.62 to 334.34, the move from 260.10 to 334.34, and the appreciation from 90.00 to 334.34. Important technical levels related to those ranges include the 276.68, 269.72, 254.45, and 241.00 areas, and traders are very interested to observe how price activity reacts around these levels. Chartists are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly). Price activity is nearest the 50-bar MA (4-hourly) at 280.91 and the 50-bar MA (Hourly) at 318.97. Technical Support is expected around 305.98/ 293.26/ 281.92 with Stops expected below. Technical Resistance is expected around 349.75/ 354.22/ 366.48 with Stops expected above. On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage. On 60-minute chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage.
BITMEX:ETHUSD.PLong
by MavRich_Trading
ETH/USD SHOULDER HEAD SHOULDER SET UP buying pressure emerged today right around the 156.54 level, representing the 38.2% retracement of the appreciation from 123.72 to 176.82. If the pair is able to resume its upward trajectory above current price activity, additional upside price objectives include the 186.60 and 198.05 areas. Below current price activity, downside price objectives include the 154.57, 150.27, 149.31, and 144.00 levels. Chartists are observing that the 50-bar MA (4-hourly) bullishly remains above the 200-bar MA (4-hourly), and that the 50-bar MA (hourly) is bearishly converging with the 100-bar MA (hourly). Price activity is nearest the 50-bar MA (4-hourly) at 155.65 and the 100-bar MA (Hourly) at 167.94. Technical Support is expected around 156.77/ 153.22/ 149.31 with Stops expected below. Technical Resistance is expected around 177.39/ 196.54/ 206.29 with Stops expected above. On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.
BITMEX:ETHUSD.PShort
by MavRich_Trading
2
ETH/USD LONG SET UP ON PULLBACK ($320 )ETH/USD Buy Limit Order ENTRY 1 $227.86 ENTRY 2 $222.46 SL $211.46 TP.1 $246.86 TP.2 $262.46 & TP.3 $280 TP.3 $300 & TP.4 $320 Ethereum (ETH/USD) depreciated early in today’s Asian session as the pair traded as low as the 270.58 area after trading as high as the 287.13 area during yesterday’s North American session. Strong technical clues emerged earlier this week when selling pressure developed around the 273.85 area following offers that prevented the pair from moving above the 290.00 area late last week. Notably, the 273.85 area was just below the 50% retracement of the initial depreciation from 290.00 to 258.00, and the failure around this area was indicative of additional selling pressure. Stops were then triggered below the 256.00, 247.96, and 238.01 area, representing downside price objectives related to these areas of selling pressure. Downside market pressure has so far been unable to reach the 221.94 area, another level related to these levels and one where chartists believe there may be an exhaustion point with some Stops below. The market’s recent pullback saw price activity start to orbit the 50-bar MA (4-hourly), an indication that market sentiment was then weakening. The 50-bar MA (hourly) remains above the 100-bar MA (hourly) and 200-bar MA (hourly). Additional downside price objectives include the 234.12, 230.13, 226.81, and 223.53 areas, among many others.
BITMEX:ETHUSD.PLong
by MavRich_Trading
1
ETH/USD LONG SET UP TO $306Title :ETH/USD BUY LIMIT ORDER Asset : Crypto Symbol : ETH/USD Type : Limit Order Time Frame : 2D Entry Price 1 : $224.20 Entry Price 2 : $218.68 Stop Loss : $210.00 Take Profit 1: $237.40 TP 2: $260 TP3: $276 TP.4 $300 The reversal higher took place after traders tested bids around the 217.83 level during yesterday’s Asian session. Upside price objectives include the 240.72, 241.99, 247.45, 250.04, 255.09, 257.11, 259.14, and 260.41 levels. Below current market activity, traders cite potential technical support around the 211.35, 210.39, 209.02, 207.70, and 204.72 areas. These are levels that represent upside price objectives based on buying activity that has emerged around the 116.25, 142.10, and 154.48 area during recent weeks. Chartists are closely monitoring the convergence of the 50-bar MA (hourly) and the 100-bar MA (hourly). Price activity is nearest the 50-bar MA (4-hourly) at 213.86 and the 100-bar MA (Hourly) at 224.64. *Technical Support is expected around 230.27/ 226.38/ 222.73 with Stops expected below. *Technical Resistance is expected around 243.62/ 247.45/ 250.04 with Stops expected above. *On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage. *On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.
GEMINI:ETHUSDLong
by MavRich_Trading