ETH-D
SUSHI USDT | Breakout soonHello Everyone,
I am following SUSHI from very long time and successfully TRADING on this specific coin so far. As per moment we are understanding with BTC & ETH. Sushi is clearly showing breakout soon and we'll see SUSHI touching $13 Soon and in upcoming month we'll see making it ATH.
Time to LONG
ETH; Being the devil's advocate.This is not a prediction, I am not planning on shorting it (unless it starts to become dead obvious)
This is something that has non zero chance of happening so definitely something to be aware of/prepare for.
Dont get caught without a chair if the music suddenly stops :)
Good Luck!
Falling wedge on ETHI’m currently seeing a falling wedge on the 4h. It’s clearly visible that we got a rejection on the 3388 level. I think that if we break out of the wedge we will hit the technical target which will be at around 3500 approximately. It looks like we found support at the 3248 and 3199 level approximately.
Keep in mind that we’ve also got a bullish divergence as indicated by the yellow line. If we see a breakout I’d like to see a lot of volume coming in because of previous support and resistance at the 3388 level approximately.
This is my publication #17. Let me know what you think of it and if you have any questions, suggestions, feedback or other inquiries let me know and do not hestitate to send me a message and to leave a comment! I’m also just a trader.
💡Don't miss the great buy opportunity in ETHUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3343.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 3591.00
TP2= @ 3974.00
TP3= @ 4213.47
TP4= @ 4367.64
TP5= @ 4643.47
SL= Break below S2
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BTC rising wedge can it hold 46-45k Btc is forming a rising wedge and now it broke down it! the main resistance is 49-50k and the critical support is 45k if hold above it we can expect move upside and can can came back to 40k or even 35k level so trade with tight stop loss. Also we can see a that the rsi is forming a bearish divergence. you can see a similar situation earlier. its better to avoid taking big positions
$GTC broke out with good volume Yesterday , I posted this chart and within few hours $GTC started picking up heat even in a choppy market , now we can expect a retest of the previous resistance. On a successful retest , the resistance will turn into support and it is good to add to your positions in the fib range 0.382,0.5,0.618 , I will be adding in these three spots by splitting up , stop loss below trendline , anyways watch out for BTC , if BTC falls then GTC would have less chance for upward continuation
$THETA local resistance 7.9 - 8.5 Theta facing so many resistacne above it and has to break all of it in the upcoming months , it will be a hard time for Theta to do it , local resistance is t 7.9-8.5 , I can't see any clear price discovery happened to theta in the short term after the triangle break , Triangle breakout also lacks volume , be careful before taking a trade too soon
ETH$ - both ideasEthereum at this point is staying close to the 50 EMA after losing strength in holding the 30 and the 15 EMA. Although we are consolidating below resistance (bullish), the break of $3336 with an hourly close above that price would favour higher prices.
In failing to break $3289 shortly will result in a continuation to the downside, along with the crosses of the 15 and 30 EMA to fall below the 50 EMA. This will result in a drop to 3055.