eth momentum divergence !ETH with recent high of 3411 created a triple top and we can see this high can act as new strong resistance following it the coin has corrected and currently trading at 3090 to 3180 zone
which is also the trend based fib extension at 1.786 at 1.618 which is also so called golden levels
we can noticed there is a divergence between momentum indicated through MACD histogram
if the levels of 3185 is broken we can get the target of 3300, with the stop loss of 3150
Trade based on proper risk management
Happy Trading ...!!!
ETH-D
Trading Signal For Ethereum Trading Signal:
There is a Trading Signal to Sell in ETHUSDT Ethereum (update)
Traders can open their Sell Trades NOW
Rank : ⭐️
⬇️Sell now or Sell on 2938.0
⭕️SL: close above 3090.0
🔵TP1 @ 2636.0
🔵TP2 @ 2411.0
🔵TP3 @ 2040.0
If you liked our ideas, please support us with your likes 👍 and comments.
💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3160.51).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 65.
Take Profits:
TP1= @ 3326.50
TP2= @ 3412.67
TP3= @ 3535.56
TP4= @ 3622.18
TP5= @ 3713.83
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ETH Trading Plan for 20-21 Jan 2022In this chart of Ethereum I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone".
If Ethereum's price crosses the top-most price level, we will be looking for long opportunities and if Ethereum's price crosses the bottom-most price level, we will be looking for short opportunities.
Entry criteria:
Bullish case: Enter as soon as a 5-minute candle CLOSES above the top-most price level.
Bearish case: Enter as soon as a 5-minute candle CLOSES below the bottom-most price level.
Stop Loss criteria:
Risk: 2% of capital of per trade.
Bullish case: Just below the second price level from the top.
Bearish case: Just above the second price level from the bottom.
Take profit criteria:
I personally follow a system wherein I do nothing until 1:1 RR is achieved. But post 1:1 RR is achieved, I adjust stop loss to cost. I then exit 1/3rd of entered quantity based on 5 minute candle close below (bullish case) or above (bearish case) 15 EMA. I exit 1/3rd of entered quantity at fixed take-profit level of 1:3 RR. And I exit the final 1/3rd of entered quantity based on a system of setting stop losses that are dynamically adjusted to the nearest retracement after a Day High Breakout (in bullish case) or Day Low Breakout (in bearish case).
I have also experimented with systems wherein you can set take-profit at a fixed level of 1:3 RR or alternatively after 1:1 is achieved book full quantity vased on 5 minute candle close below (bullish case) or above (bearish case) 15 EMA. Both of these alternative systems have also been profitable.
Please note the given zones are valid only until the end of the day. Any open positions must be closed by 05:25 AM IST which is around when the day is about to end in the cryptocurrency markets.
Also please note: according to the rules of my system, I don't take more than 3 trades per day on any asset.
ETHUSDDescending Channel pattern formation on ETH on a 30min timeframe ! Target should be around 3300$ ! SL 3200$
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
😊😊😊
ETH RSI DIVERGENCEThe trend line of eth in weekly time frame is tested. Same is tested in rsi. But where as candlestick showed upside trend , rsi is showing downward trend makin 1st top (@ 80) when eth reached ath in April last year, and 2nd top (@68) in nov when it reached it ath. Showing this can be a RSI divergence for bearish run from now on. Other affecting news are regulations tightening in many countries and good news can be that many institutional investors has bought up btc in range of 40k - 45k therefore it is likely to be strong support
ETH RetestAll the important levels have been marked. Expecting a short retest and then bounce back in here.
Solana, The way of the Future.If the bull market is to stay, this is one of the best time to be loading up on cheap Solana.
Prices are down >50% and majority is in panic, 'derisking', or busy making narratives about FEDs and inflation.
Trade the charts not opinions.
SOL is ideally on it's macro 5th wave. It's clear as a crystal.
So if it were to print that impulse and this really is whales loading up (they are), then this would look something like this chart.
If not, lose/tap $100 and this perspective goes out the window and price nukes another 50%
Sell all bounces after that, if at all it happens.
Until then;
HOOT HOOT
ARE YOU IN??
NFA, GL
Trading Signal For EthereumTrading Signal:
There is a Trading Signal to Sell in ETHUSDT Ethereum
Traders can open their Sell Trades NOW
Rank : ⭐️
⬇️Sell now or Sell on 3592.0
⭕️SL: close above 3717.0
🔵TP1 @ 3271.0
🔵TP2 @ 2946.0
If you liked our ideas, please support us with your likes 👍 and comments.
Trading Signal For EthereumTrading Signal:
A Trading Signal is seen in the ETHUSDT Ethereum
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 3661.0
⭕️SL: close below 3559.0
🔵TP1 @ 3940.0
🔵TP2 @ 4299.0
🔵TP3 @ 4650.0
If you liked our ideas, please support us with your likes 👍 and comments .
Solana looks bullish in the short termI think solana is capable of reaching 208-209 level looking at the 4hr time frame as it is in an ascending channel.
On the daily chart, although it is doing fine having passed the support 194.27, low volume is still a concern. If we see some volume pump, sol can reach the 218-220 level according to fib retractment.
P.S.- I am a very novice trader who has started very recently. I might be very wrong with my analysis. Any help in the form of advice, knowledge, criticism is welcome. Please let me know what you think about this. That will only help me get better.
Thank You