as we see in the 1 hr chart there is a channel which eth is following if it breaks the resistance line then take long otherwise go for short till 50% of the support of full support. it depends ps: in not financial adviser your trade your risk
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1120.0). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ethereum/TetherUS ETHUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
As you saw our last target is achieved now you can take a long entry in eth as we see rsi and macd is indicating that eth is going high and volume load is macd is decreasing and a very strong support line is still unbroken so this is the perfect time for long entry our target is resistance line you can go upto70% of that
as discussed in the last eth chart out triangle broke upwards and we hit all our targets now as you see we may play a short trade for little profit because of the resistance line of that channel. SHORT entry: 1390 Exit: 1320 (1330 for safer side) according to my chart analysis, the chances of ETH reaching 1500 is very high in the next 4-6 days
Analysis: Historically, ETH-BTC has given good gains after BTC rally Pair almost at the bottom range 2021 major cryptocurrency Investment Strategy: Buy the ETH dips more than 5% or 9% ETH in exchanges is reducing, the price could pump in next 3 months If the price pumps too fast, convert some amount back to BTC but HOLD some ETH for 2021 The objective is to...
long on eth above the breakout candel with 1:4 reward with sl on closing basis of candel on shared TimeFrame
current scenario for ETH breakout or breakdown, we can catch a big move at the completion of this pattern looking at the bullish pressure we expect a breakout
eth completing cup and handle pattern eth will outperform btc in the next upmove
Last leg of correction before ATH | Towards $700-800
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1059.2). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ethereum/TetherUS ETHUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
Midterm forecast: While the price is above the support 0.02275, resumption of uptrend is expected. We make sure when the resistance at 0.02965 breaks. If the support at 0.02275 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI bounced from the uptrend #1 and it prevented price from more losses. While the...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (740.0). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ethereum/TetherUS ETHUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
1000-800 Area is strong resistance zone. Look for a Pause in trend here
I see ETH moving in a range within a parabolic resistance (just like the one which BTC had broken in NOV month) and 100D MA. ETH was rejected by this parabola everytime in May, August and now in Dec also it's getting rejected. 100D MA has been supporting price everytime during corrections. PS: BTC dominance and price both are high and increasing.
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (707). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHUSDT is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.026600). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (618.6). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ethereum/TetherUS (ETHUSDT) is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
Midterm forecast: While the price is above the support 0.02275, resumption of uptrend is expected. We make sure when the resistance at 0.02965 breaks. If the support at 0.02275 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI bounced from the uptrend #1 and it prevented price from more losses. While the...