Dear Friends ,
15 % Trade Opportunity - Coming up soon ? on ETHUSD pair
Price is in Descending triangle ( From 14 days now )
A squeeze signals a period of low volatility
and is considered by traders to be a potential sign of future increased volatility and
Possible trading opportunities. ...
Question Is How to trade This ?
Ans. - Keep Eye on High time...
We are doing Analysis of ETHBTC on 6 hours Timeframe .
With the Help of trend line , I have made trend line
Support and Resistance Levels
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View....
New trading suggestion:
*The price is in an uptrend and we forecast the uptrend would continue.
*There is still a possibility of temporary retracement to suggested support line (0.07200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
While the level 0.07200 is not broken, the Midterm wave will be...
~0.07915 Acting as strong liquidity pool for Shorters
Hidden Bearish Divergence on Stoch and RSI.
Short at around 0.07700-0.07950 on Bitmex
Take profit at
Target 1:- ~0.07407(0.382 Fib)
Target 2:- ~0.07000(0.5 Fib)
*Target 3:- ~0.06500(0.618 Fib)
*Leave only a short amount for this target!!
The price of the ETHUSD apparently moves towards the level of $ 787, which is the abolition of 38% Fibonacci previous decline. To reach this level, the price must be above $ 712 after the end of wave 4. The closest support for bulls is the level of $ 519 and $ 510.
Breaking the market above the golden downward trend line is promising in itself and may indicate...
The best entry point to BUY = LONG-TERM
Those who want to buy Ethereum for Bitcoin, better wait for the best entry point!
Below are all my exhibits >>>
There are signals that are relevant to this day!
So enjoy your viewing:
Particularly interesting is the fact that by the end of May 2018, Bitcoin will fall to $ 3000.
But before that, of course it goes...
ETH on a verge of a major upwards break. RSI is oversold, and a slow accumulation at prices 1525-1555. Also noting, a major dump upcoming for BTC, a majority of that liquidity could be expected to move into ETH.