ETHBTC Latest Technical Analysis short termWe 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.
Thanks
Adil Khan
ETHBTC
There is a Second Chance to Buy in ETHBTC ...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.
Midterm forecast:
While the level 0.07200 is not broken, the Midterm wave will be uptrend.
Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 48.
Take Profits:
TP1= @ 0.06050
TP2= @ 0.07200
TP3= @ 0.07750
TP4= @ 0.08600
TP5= @ 0.10000
TP6= @ 0.11050
TP7= @ 0.12150
TP8= @ 0.15150
TP9= Free
Trade Setup:
We opened 9 BUY trade(s) @ 0.05474 based on 'Hammer' entry method at 2018.04.04.
Total Profit: 17562 pip
Closed trade(s): 4578 pip Profit
Open trade(s): 12984 pip Profit
Closed Profit:
TP1 @ 0.06050 touched at 2018.04.11 with 576 pip Profit.
TP2 @ 0.07200 touched at 2018.04.24 with 1726 pip Profit.
TP3 @ 0.07750 touched at 2018.05.03 with 2276 pip Profit.
576 + 1726 + 2276 = 4578 pip
Open Profit:
Profit for one trade is 0.07638(current price) - 0.05474(open price) = 2164 pip
6 trade(s) still open, therefore total profit for open trade(s) is 2164 x 6 = 12984 pip
Hidden Bearish Divergence getting played on 4hr ETH/BTC~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!!
Ethereum #ETHUSD next target is $787The 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 that the downward trend in this cryptovalue has ended.
Cryptocurrency Ethereum / Bitcoin = BUYThe best entry point to BUY = LONG-TERM
Hello!
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 for about $ 22,000
Here is the last signal for Bitcoin:
BTCUSD, D
LONG
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BTCUSD, D
LONG
Cryptocurrency Bitcoin / Dollar = BUY
BTCUSD , D
LONG
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But the analysis and signal Bitcoin since January 4.
EURUSD, M
SHORT
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LONG
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STRATBTC , D
LONG
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While also going right
NEOUSD, 240
LONG
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LONG
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AMGN , D
SHORT
Stock AMGN Amgen Inc = Short Positions
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BCYBTC , 240
LONG
Cryptocurrency BitCrystals
For the present I hold.
BCHUSD , D
LONG
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IOTUSD , D
LONG
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XRPUSDT , D
LONG
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LONG
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T, W
SHORT
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I'm sitting in position, Longevity!
XEMUSD, D
LONG
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XEMBTC D
LONG
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