CompatibleTradingSystem

CompatibleTradingSystem Updated 

As you may see the charts, the 3 possible scenarios on ETH are depicted. Please write which scenario is the most probable one in your views. Thanks

CompatibleTradingSystem

Everything on the chart. Thanks.

CompatibleTradingSystem

Everything on the chart. Thanks

CompatibleTradingSystem

Everything on the chart. Thanks

CompatibleTradingSystem

As you may see, 9 times out of 10 times the price has reacted to the channel line. This time the price should decline to the lower bound of the channel. After that, the price should bounce or break the line. Let’s carefully monitor the price action. Thanks

CompatibleTradingSystem

Based on the charts, the broken trend line is re-touched and price has bounced over it. This implies a probable rise.

CompatibleTradingSystem

Based on the chart, after the last weekend sharp fall, the trend line was broken. A timely recovery is on the way and the price is now undecided under the previously broken trend line. We are monitoring this area very precisely. Another fall is not ruled out, unless the price retakes the broken line decisively.

CompatibleTradingSystem Updated 

According to the H1 chart, the trend line is broken and the pair now looks to rise till the longer term broken trend line around 380$. After that, the pair would decide to make or break.

CompatibleTradingSystem Updated 

According to the chart, the pair should decide to bounce or fall. Watch here carefully.

CompatibleTradingSystem Updated 

According to our previous analysis, the pair is back to the falling channel. This implies a decline.

CompatibleTradingSystem

Based on the charts, a short term rise is coming. After that, we look for a bigger rise.

CompatibleTradingSystem

According to the charts, the pair is backing to the broken channel. Therefore the previous break could be a false one and the pair could rise. Monitor it carefully.

CompatibleTradingSystem

According to the H4 chart, 9850$ looks as a strong support to hold the price. Three times rejection of the price over this area implies a coming rise. Breaking above the trend line would accelerate the rise. A fall below 9800$ nullify this idea.

CompatibleTradingSystem

According to the charts, it might be a pullback here. Just monitor the price action.

CompatibleTradingSystem

According to the daily chart, the pair is at a zone which could force the pair for correction.

CompatibleTradingSystem

According to the chart, the bears look to be out of steam over the concrete support 0f 0.2300. This implies a pullback to the upside. A break of the trend line accelerates the rise. A tight stop loss should be considered below 0.2300. Thanks

CompatibleTradingSystem

According to the charts, a small pullback is not ruled out. Use a tight stop loss on any probable break of the channel to the downside.

CompatibleTradingSystem

According to the chart, the pair is at a critical level. Is it a pullback or breakout? Wait!