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Keylevel

ETH seems so constructive structionSalaam Here I share with you the daily chart that I see. 2900 was broken and serves as support now. The violet ascending trend line (coincide with the middle line of the parallel channel) acts as resistance now intersects with 3170 key level. Regarding the price action making 3 candles beside any key levels will lead to a break. So I expect ETH to break 3170 and go to the next resistance about 3600. Personally, I buy some here and will add after break 3170 and retest it as support. SL: 2900 TP: 3600 Good luck
Long
by Mohsen_Abbassi
ETH USDT : Buy Trade setup @ 2923Hello guys, hope you are doing well. Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series". After a massive rally to the upside reaching almost 3200, ETH USDT took a breather to pull back to the previous resistance turned support region of 3000 - 2900 level. I was looking for buying opportunity at this level if I saw a bullish price pattern on the lower time frames. On the 15 Min chart, we can see a double bottom is formed and then a bullish candle confirmation. Entry - 2923 Stop-loss - 2843 (80 points) Take profit - 3043 (120 points) 1:1.5 RISK TO REWARD Will keep you posted on the progress. Happy trading.
Long
by Nihanth_Aglogains
5
Short GBPUSD Off Key LevelSell GBPUSD 1.39000 SL 1.39130 TP1 1.38500 TP2 1.38000 Context: - USD favorited news catalyst for Wednesday's ADP - New Minor Structure downtrend identified Confluence Details: -Trading off key area 1.39000 - H1 0.382 Fib level at 1.38980 (beginning of new trend so expecting strong downside) - H1 20MA dynamic resistance level at 1.39000 - H1 50MA dynamic resistance level at 1.39080 - Looking for a pin bar reversal off 0.50 fib level to confirm downtrend continuation at 1.39050 + 1.39000 new resistance level - Entry confirmed once H1 price action identified: Either bearish engulfing or some sort of 3-bar variation pattern.
Short
by Altconomist
Uptrend expected after correctionClosing the last day with a red candle coincided with breaking the steep slope trend in 4h. As the result of this, I'm waiting for the price to drop to $65 to $70 zone. Any abnormal pin bar or bullish candlestick pattern in the buy zone will trigger my buy signal. Hereby, $248 will be the stop loss, and $320 and $332 will be my 1st and 2nd targets, respectively. There is another possibility, the price crosses the $300 level without correction and stabilizes there. If it happened, I will update the idea. The support and resistance levels and pivot points are drawn by the Trend Key Points indicator.
Long
by bhnmzm