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Ethusdtshort

Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/01/23Live trades will be called in the latest daily post. Follow me to trade live with me! Also check out my daily post on Bitcoin! MARKET OVERVIEW Price Action: ETH rallied >20% from the lows @ $1040, and is now reclaiming the 200MAs, suggesting bullish bias. Chart Patterns: No patterns. Areas of Interest: The area(s) of interest for us are the 61.8 Fib @ $1286 and the lows @ $1042. Once price reaches one of our areas of interest and gives us a valid entry signal, I will update the trade, so make sure you follow me to get the trade entry signals in real time. TRADES(S) RECAP: LATEST 3 TRADES 2021/01/11: We had losing trade! We entered a long @ $1024.8, with Stop Loss @ $971, which was hit. 2021/01/10: We had winning trade! We entered a long @ $1283, with Stop Loss @ $1247, and price reached a high of $1325, giving a risk reward ratio of 1:1, meaning if you risked 1BTC on this trade, you could've made 1BTC. 2021/ 01 /07: We had two winning trades! We entered a short @ $1213, with Stop Loss @ $1224, and price reached a low of $1159, giving a risk reward ratio of almost 5:1, meaning if you risked 1BTC on this trade, you could've made almost 5BTC. After our short trade, we had a trade of a new experimental trendline strategy. We entered a long @ $1194, with Stop Loss @ $1173, and price reached a low of $1289, giving a risk reward ratio of almost 4.5:1, meaning if you risked 1BTC on this trade, you could've made almost 4.5BTC. TRADE SETUPS Below are the potential trade setups that I would be interested in trading. Regardless of the path that the price takes, I will be monitoring the market for a valid trade entry signal. Long Trade Setup #2: False Breakdown To open a long position, we are waiting for price to break above the horizontal support and then recover. Trade Entry Confirmation: 1. Price Action: Price breaks below the then rapidly climbs above $1042, forming a bear trap 2. Candlestick Pattern: A breakdown candlestick  followed by a reclaiming candlestick 3. Volume: Above average volume on both breakdown candle and reclaiming candle 4. MACD: MACD histogram bottoming out Short Trade Setup #1: Retest and Continuation (61.8Fib) To open a short position, we are waiting for price to retrace up to test the 61.8Fib and then continue moving down. Trade Entry Confirmation: 1. Price Action: Price needs to move back up to the 61.8Fib @ $1286 and bounce back down. 2. Candlestick Pattern: A bearish candlestick pattern 3. Volume: Above average volume on entry candle 4. MACD: MACD histogram topping out STRATEGY TYPES My strategies fall into three categories: 1. Official strategies are those that have proven to be profitable over a large number of trades 2. Testing strategies are those that have proven to be profitable but the sample size is relatively small 3. Formulating strategies are strategies that are still in development 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. RISK MANAGEMENT / POSITION SIZING Trading is a marathon, not a sprint. The key is to stay in the game long enough for long term probabilities to play out. Even strategies with 90%+ win rate will have losing trades, so if you go all in one every trade, eventually you will blow up your account. My recommendation is to dynamically change your position size based on the size of the stop loss so that you are risking 1-2% of your total account size on any given trade. This means that if you’re wrong and the trade hitting the stop loss, you lose 1-2% of your account. As an illustration, if your account balance is 1BTC, then the most you should lose on any given trade should be 0.01-0.02BTC. Notice that I didn’t mention leverage here. Because what leverage (3X, 5X,10X, etc.) doesn’t matter here. What matters is the position size that matches up with a 1-2% account balance risk. HOW TO USE MY ANALYSIS Every day I post potential areas of interest and trade setups based on the latest market conditions and market structure. Once price reaches one of the identified areas of interest and gives a valid entry signal, I will post the entry, along with stop loss and take profit levels, in real time. No hindsight 20/20 here. Everything is in real time for full transparency and so that you can actually enter the same trades that I'm entering. Some trades only give us a few minutes to enter, which is why it's imperative that you follow me so that you don't miss out. Below are two ways that you can use the analysis that I publish daily: 1. You can integrate my analysis into your own analysis, for example by using it as a starting point, or as confirmation of your own TA, or to identify potential trades for yourself. 2. You follow the trade setups and trade entry signals that I give 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. Please support me by liking, sharing, commenting, and following! Thanks! Please share your ideas and analysis below so we can all learn together!
by cryptotraderog
8
Ethereum Might Be Pushed by the Bears to the 977.46 Level 🔨🔨🔨💡 Trade Idea 📉 Sell Limit ETH/USDT @ 1255.63 🎯 Target Profit 977.46 🛑 Stop Loss 1341.03 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price was moving upward by being traded inside a bullish channel. It reached a daily resistance @ 1256.32 and posted a double top which signals a potential reversal. The price managed to break the channel structure and now is aiming to move downward towards the 977.46 level. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
COINBASE:ETHUSDShort
by CollegeofPips
10
ETHUSDT - fractal 2021 I think we'll get something like that. hold this position: You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
BITFINEX:ETHUSDLong
by Yuriy_Bishko
26
ETHUSDT- update tradelast idea: 17% income Preconditions: -Key level -global trend up -local trend up You should not think that if eETH is growing, bitcoin will grow too. You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
11
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