LONG ETHEREUM (ETH) H4🚀 Overview:
On the 4-hour chart of Ethereum (#ETH), a clear upward trend is evident with higher highs and higher lows, indicating market strength. The 4-hour EMA89 continues to support the trend, adding confidence to the upward movement.
📊 EMA89 Support:
EMA89 plays a crucial role as significant support, reflecting buyer control. Maintaining the price above EMA89 is a positive sign of the upward trend.
📈 Long Strategy:
A Long strategy may be considered, but all trading decisions should rely on individual analysis. Opening a buy position requires positive confirmation, and risk management is crucial.
🎯 Price Target:
The price target in the range of 2600 - 2700 is significant; however, setting expectations should follow personal principles and trading strategy.
⚖️ Risk Management Note:
Risk management is paramount. Setting reasonable stop-loss and monitoring market fluctuations help protect investment capital.
🚀 Summary:
With a robust upward trend and EMA89 support, Ethereum is creating trading opportunities. However, this is not investment advice; remember that individuals make trading decisions based on personal analysis and should maintain caution before any trading decision. #CryptoAnalysis #PersonalDecisions
Shadows Team
Shadows
Question: So many long wicks/shadows. What does this mean???Hello traders,
There are SO MANY long wicks/shadows recently, and it happens near the top of the wedge structure, but it's not clear to me what the buyers and sellers are doing.
I have never seen this kind of price action before so I wanted to ask the community.
How could we interpret these wicks/shadows?
Any ideas on how to interpret this kind of recent price action would be much appreciated :)
Today BTC has a Very Dangerous shadow on EMA 200 !Today the BTCUSDT make a very dangerous shadows on EMA 200 on the Daily timeframe.
EMA 200 is one of the most important trend line indicator in the technical analysis.
For most traders and technical analysts the EMA 200 is a strong Support/Resistant line and indicates the long term trend line.
XAUUSD (Gold) - M15 -SHADOWS War MethodPlease Support this Idea with LIKE if it is Useful....
XAUUSD (GOLD)
This Analysis is base on Shadows War Method.
If Price can close over Shadow UP, you can get a Long Scalp position on it.
If Price can close under Shadow DOWN, you can get a Short Scalp position on it.
Good luck!