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Ethusdtshort

ETHEREUM (ETHUSDT) DAILY BUY&SELL TRADE SETUPS 2020/12/25Long Trade Setup #1: Retest and Continuation To open a long position, we are waiting for price to move up a bit, then retrace back down to test the 200MAs and then continue moving up. Trade Entry Confirmation: 1. Price Action: Price needs to move up enough to create space between price and the 200MAs (projected to be $605-$615 zone) before moving back down to the 200MAs and bouncing. 2. Candlestick Pattern: A bullish candlestick pattern such as a bullish engulfing candle or a multiple candlestick breakdown (a large red candle followed by multiple green candles that eventually close above the open/high of the large red candle) 3. Volume: Above average volume on the bullish engulfing candle or on any of the multiple green candles that eventually break the red candle (ideally on the candle that breaks) 4. MACD: MACD histogram bottoming out, as indicated by the histogram becoming less negative (changing from red to pink) Long Trade Setup #2: False Breakdown at Horizontal Support To open a long position, we are waiting for price to hit horizontal support @~$551 and then bounce back up. Trade Entry Confirmation: 1. Price Action: Price breaks below the lows $551 and then rapidly moves above $551, forming a bear trap 2. Candlestick Pattern: A breakdown candlestick (candle close below $551) followed by a reclaiming candlestick (candle close above $551) 2.1 Ideally breakdown and reclaiming candlesticks are consecutive candles, but can also have a few candles in between the two 2.2 Ideally the reclaiming candle has a large candle body with very small wicks 3. Volume: Above average volume ( volume above the average volume line) on both breakdown candle and reclaiming candle, ideally the reclaiming candle's volume is a local high 4. MACD: MACD histogram bottoming out, as indicated by the histogram becoming less negative (color changing from red to pink) SHORT TRADE SETUP : FALSE BREAKOUT To open a short position, In this scenario, we are waiting for price to break above the horizontal resistance @ $670 and then breakdown. Trade Entry Confirmation: 1. Price Action: Price breaks above the high of $670 and then rapidly falls below $670, forming a bull trap 2. Candlestick Pattern: A breakout candlestick (candle close above $670) followed by a breakdown candlestick (candle close below $670) 2.1 Ideally breakout and breakdown candlesticks are consecutive candles, but can also have a few candles in between the two 2.2 Ideally the breakdown candle has a large candle body with very small wicks 3. Volume: Above average volume ( volume above the average volume line) on both breakout candle and breakdown candle, ideally the breakdown candle's volume is a local high 4. MACD: MACD histogram topping out, as indicated by the histogram becoming less positive (color changing from dark green to light green) NOTE: There is also an intermediate level, the 61.8 Fib retracement @ $625 which might prove to be a minor resistance where price will struggle, with a possibility that price would be rejected at this level and move down, so its also an important level to keep in mind. Entry Confirmations: Ideally we get all confirmations for an entry, but sometimes we might take a trade when we have fewer confirmations. The more confirmations, the higher the win probability, though it also means you miss out on some profitable trades if you're only taking trades when we have all confirmations. It's up to your own risk appetite to decide when you feel comfortable entering a trade. You can also adjust position size based on level of conviction, entering a bigger position when there are more confirmations. Make sure you practice proper risk management and money management. Trade Management: I have put in preliminary Stop Loss and Take Profit on the chart, but these will depend on how the entry setup forms, so I will update when we have a valid entry signal. Stop Loss: We typically put a SL around the high / low of the entry area, though we might adjust based on market conditions such as high ATR ( average true range ) or long wicks. Take Profit: We typically aim for at least a 2:1 RRR (risk reward ratio), but you can decide to take profits earlier, adjust stop loss as we get into profit, take partial profit, leave a small portion for larger gains, etc. How you want to manage depends on your own risk appetite and what you are comfortable with. MAKE SURE YOU FOLLOW ME SO THAT YOU DONT MISS TRADE SIGNALS, GET THE LATEST SL AND TP LEVELS, AND FOLLOW THE TRADE PLAY OUT IN REAL TIME! DISCLAIMER: I'M NOT A FINANCIAL ADVISOR AND THIS IS NOT FINANCIAL ADVICE, AND I WILL NOT BE RESPONSIBLE FOR YOUR WINS OR LOSSES, DYOR.
by cryptotraderog
1
ETH Levels Moving Into the New Year ETH/USDT | Q1 & Q2 2021 ETH/USDT Technical Analysis Moving Into The New Year... I'd like to see a breakout of this current level of resistance followed by a test as support (which would confirm a buy signal). Watching these levels, I think it's important we don't overtrade during a time like this, instead, we let time work for us. As long as we can hold above $515, I will remain bullish as I still believe there is much more to come once BTC gets truly exhausted and alt-season actually kicks into gear. DCJ | Steve Jobs of TradingView
Long
by DotcomJack
3
ETHUSD 16% Drop was expected will it reach 400.00 level ?ETHUSD ********* ⏳4 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ Price around 450.00 and in consolidation phase 2️⃣Trading within arising channel 3️⃣ Crypto's in uptrend and broke of 400.00 level 4️⃣ 430.00 Dynamic support and resistance 5️⃣ 500.00 will acted as strong resistance-Key psychological level 6️⃣ 490.00 will Acted as strong support-Possible entry point 7️⃣ Technical support - bullish 8️⃣ 420.00 will acted as key reversal-Bullish 9️⃣ October high-Immediate resistance-Alternative bullish entry 🔟 Possible swing target-420.00 lower counter trendline #️⃣ Overall bullish trend-Within a rising channel —————-❇️——————- 📉 Technical bias-H4-Bearish Price is above 50,100,200 Exponential moving average 50 Exponential moving average will act as resistance Bear Relative strength index - well above 50 - bullish trend MACD -Turned red and felled below the signal line, Oscillators pointing downward Stochastic - Reached around 50(Neutral area) The decision was neutral here Ichimoku cloud -cloud is still green-Middle line supports bullish trend Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band —————-✳️——————- Key reversal area's 400.00 psychological level 384.00 Point of control area Volume analysis 422.00 Oct month high 332.00 Oct month low 488.00 Sep month high 311.00 Sep month low 400 50% Fibonacci retracement level 500.00 Major psychological level 488.00 Possible entry- Bear 420.00 Trendline resistance/Alternative bullish entry —————-✳️——————- Bearish entry #Etherium #ETHUSD Entry price - 488.00 Take profit 01 - 440.00 Take profit 02 - 410.00 🚫 Stop lose 510.00 ⬇️16% Drop expected ⤴️ Account growth 4.5: 16 ✅ Risk reward ratio 1 : 3.5 —————-⚜️——————- Push the like button , And cheer up if you found useful
COINBASE:ETHUSDShort
by forexorbit
ATOMUSDT Repost ( Please Read Description )Here You Can See ATOMUSDT at Support of the Weekly Timeframe . Head and Shoulders is possibly created soon good for mid-long term holders and once it bounces on resistance we short!!!! Update : This is just a Repost Because The Other one was taken down because i violated some house rules, im so sorry for that mods and admins <<<333 starting from today ill do my best to not break anymore rules. Indicators Showcase ❌MOM: Bearish Momentum ❌SMA: Price Below SMA Bearish ✅ADI: +DI >DI BULLISH ✅MACD: Bullish ❌PSAR: Bearish Support And Resistance S: 0.00028910 S: 0.00031030 R: 0.00033240 R: 0.00034480 R: 0.00036200 R: 0.00037700 R: 0.00039390 R: 0.00040630 R: 0.00042300 Volatility is moderately low 🐻RSI: bearish divergence 🐻MFI: Bearish divergence ⚪️FVE: No divergence 🐂Volume: Bullish Volume Trend I say Here Buy for Midterm Hold Source : Crypto Whale Not a Financial Advice Do you're own Research If you like my ideas, you can support me by liking this idea and a Follow!. Thank You So Much!
Long
by Crypto_TAFA
BEAMBTC Breaking Out and Can Print an Easy 100% Profit!Here in my Chart is a Simple Trend Line Analysis Update Here Are The Important Indicators Showcase ❌MOM: Bearish Momentum ❌SMA: Price Below SMA Bearish ❌ADI: -DI > +DI Bearish ✅MACD: Bullish ✅PSAR: Bullish Support And Resistance S: 0.00001390 S: 0.00001490 R: 0.00001560 R: 0.00001650 R: 0.00001710 R: 0.00001890 R: 0.00001970 Volatility is moderately low 🐂RSI: Bullish divergence 🐻MFI: Bearish divergence 🐂FVE: Bullish divergence 🐂Volume: Bullish Volume Trend Source : Crypto Whale Not a Financial Advice Do you're own Research If you like my ideas, you can support me by liking this idea and a Follow!. Thank You So Much!
BLong
by Crypto_TAFA
2