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TanujaK
Apr 9, 2023 2:39 PM

#Ethereum/USD downtrend movement potential with risk:reward 1.9 

CRYPTO:ETHUSD30
EthereumCRYPTO

Description

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#Ethereum/USD downtrend movement potential with risk:reward 1.9


Symbol :Ethereum / US dollar
Time frame :30 minutes
Analysis : Breakout from the support line and rallying on a down side.
Moving average 20 is below Moving average 40 and Macd is below zero.So, we can expect a down trend movement with risk:reward =1.9
Its a SELL call . SELL at 1825 with Stop-loss 1880 and the Target 1718 .

HOPE our analysis is adding value to your trading Journey.

NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
Trend AnalysisChart PatternsTechnical IndicatorsEthereum (Cryptocurrency)ETHUSDethshortethsignalsethpriceanalysisethtradingethtrysignal
Comments
CZARR
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Pls analyse BTC and ethereum on longer time frame 1D / 1 W. Thanks
TanujaK
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@CZARR, Hi, I posted the analysis of Ethereum in a 4hours timeframe. you can check the ideas section in my profile.
CZARR
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@TanujaK thank you
TanujaK
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@CZARR, Bitcoin is still not able to analyze as we need to wait for a few more days for the confirmation of the trend.
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