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ETHBTC

EthereumTriangle pattern had been observed on 4 hour ethereum charts. Entery point - anywhere below $2,800 Target - $3,700 Ethereum had been consolidating inside a fixed range for a while now, this is a potential breakout. If the target hits, there is more potential since it will be above many important moving averages, and EIP1559 will start burning token from 15july, these all signs indicate that Ethereum is currently undervalued mainly because of media FUD, but charts and data shows that long term investors and big players had been accumulating more and more ethereum during this dip.
BITSTAMP:ETHUSDLong
by AniketK07567339
2
💡Don't miss the great buy opportunity in ETHBTCTrading suggestion: . There is a possibility of temporary retracement to the suggested support line (0.02990). . 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 above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 55.20. Take Profits: TP1= @ 0.03240 TP2= @ 0.03490 TP3= @ 0.03700 TP4= @ 0.03900 TP5= @ 0.04230 TP6= @ 0.04610 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 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 ❤️
Long
by ForecastCity_ME
3
💡Don't miss the great buy opportunity in ETHBTC @ethereumTrading suggestion: . There is a possibility of temporary retracement to the suggested support line (0.0324). . 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 above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 74.20. Take Profits: TP1= @ 0.0349 TP2= @ 0.0370 TP3= @ 0.0390 TP4= @ 0.0423 TP5= @ 0.0461 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 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 ❤️
Long
by ForecastCity_ME
4
💡Don't miss the great buy opportunity in ETHBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.034900). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Ethereum / Bitcoin 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 resistance. . The RSI is at 52. Take Profits: TP1= @ 0.0390 TP2= @ 0.0405 TP3= @ 0.0430 TP4= @ 0.0460 TP5= @ 0.0500 TP6= @ 0.0540 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 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 ❤️
Long
by ForecastCity_ME
2
💡Don't miss the great buy opportunity in Ethereum/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0411). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ethereum/Bitcoin ETHBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. Take Profits: TP1= @ 0.04320 TP2= @ 0.04500 TP3= @ 0.04750 TP4= @ 0.04970 TP5= @ 0.05150 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 trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
💡Don't miss the great buy opportunity in Ethereum/BitcoinMidterm 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 RSI downtrend #2 is not broken, bearish wave in price would continue. A trough is formed in daily chart at 0.02300 on 01/02/2021, so more gains to resistance(s) 0.02635, 0.02745 and maximum to Major Resistance (0.02965) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 45. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.0245 to 0.02275). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (0.0245) . Ending of entry zone (0.02275) Trade Setup: We opened 11 BUY trade(s) @ 0.02614 based on 'Valley' entry method at 2021.01.03. 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 RSI downtrend #2 is not broken, bearish wave in price would continue. A trough is formed in daily chart at 0.02300 on 01/02/2021, so more gains to resistance(s) 0.02635, 0.02745 and maximum to Major Resistance (0.02965) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 45. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.0245 to 0.02275). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (0.0245) . Ending of entry zone (0.02275) Trade Setup: We opened 11 BUY trade(s) @ 0.02614 based on 'Valley' entry method at 2021.01.03. Take Profits: TP1= @0.02635 TP2= @0.02745 TP3= @0.02965 TP4= @0.03185 TP5= @0.0333 TP6= @0.04045 TP7= @0.04850 TP8= @0.05695 TP9= @0.06955 TP10= @0.08550 TP11= Free ❤️ 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 trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
5
💡Don't miss the great buy opportunity in ETHBTC 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 resistance. . The RSI is at 54. Take Profits: TP1= @ 0.027650 TP2= @ 0.028600 TP3= @ 0.029500 TP4= @ 0.030900 TP5= @ 0.032230 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 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 ❤️
Long
by ForecastCity_ME
5
💡Don't miss the great buy opportunity in Ethereum/BitcoinMidterm 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 RSI downtrend #2 is not broken, bearish wave in price would continue. A peak is formed in daily chart at 0.03365 on 11/24/2020, so more losses to support(s) 0.02450 and minimum to Major Support (0.02275) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 33. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.0245 to 0.02275). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (0.0245) . Ending of entry zone (0.02275) Trade Setup: We opened 11 BUY trade(s) @ 0.02534 based on 'Two-day reversal candle' entry method at 2020.12.27. Total Profit: 0 pip (0%) Closed trade(s): 0 pip Profit (0%) Open trade(s): 0 pip Profit (0%) Take Profits: TP1 0.02635 TP2 0.02745 TP3 0.02965 TP4 0.03185 TP5 0.0333 TP6 0.04045 TP7 0.04850 TP8 0.05695 TP9 0.06955 TP10 0.08550 TP11 = Free ❤️ 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 trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
2
💡Don't miss the great buy opportunity in ETHBTCMidterm forecast: While the price is above the support 0.02450, resumption of uptrend is expected. We make sure when the resistance at 0.03330 breaks. If the support at 0.02450 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is formed in daily chart at 0.03365 on 11/24/2020, so more losses to support(s) 0.02630, 0.02520 and minimum to Major Support (0.02450) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 30. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.02630 to 0.02520). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (0.02630) . Ending of entry zone (0.02520) Take Profits: TP1= @ 0.02845 TP2= @ 0.02965 TP3= @ 0.03185 TP4= @ 0.03330 TP5= @ 0.04045 TP6= @ 0.04850 TP7= @ 0.05695 TP8= @ 0.06955 TP9= @ 0.08550 TP10 = Free ❤️ 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 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 ❤️
Long
by ForecastCity_ME
4
💡Don't miss the great buy opportunity in ETHBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.030040). . 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 resistance. . The RSI is at 59. Take Profits: TP1= @ 0.032300 TP2= @ 0.033610 TP3= @ 0.035200 TP4= @ 0.037100 TP5= @ 0.040490 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 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 ❤️
Long
by ForecastCity_ME
4
💡Don't miss the great buy opportunity in ETHBTC Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.030290). . 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 above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 46. Take Profits: TP1= @ 0.032540 TP2= @ 0.033610 TP3= @ 0.035200 TP4= @ 0.037100 TP5= @ 0.040490 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 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 ❤️
Long
by ForecastCity_ME
2
💡 Don't miss the great buy opportunity in Ethereum/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0311). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ethereum/Bitcoin (ETHBTC) is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. Take Profits: TP1= @ 0.03189 TP2= @ 0.03265 TP3= @ 0.03356 TP4= @ 0.03460 TP5= @ 0.03600 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 trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
📚 💰 Descending Triangle in ETHBTC - "Learn More Earn More" 📚 LEARN MORE 💰 EARN MORE With ForecastCity Descending Triangle Definition: An Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high . It is defined by two lines: . A horizontal support line running through valleys. . A Downtrend line drawn through the peaks. The lower highs indicate more sellers are gradually entering the market and selling pressure increases as price consolidates moving further towards the apex. An Descending Triangle is classified as a continuation chart pattern. If price can break through the support level, that level will now act as a resistance level. Breakouts can also happen in both directions. Statistically, downward breakouts are more likely to occur, but upward ones seem to be more reliable. In most cases, the sellers will win this battle and the price will break out past the support. But Sometimes the support level is too strong, and there is simply not enough selling power to push it through. Therefore you should be ready for movement in EITHER direction. ENTRY: We would set an entry order bellow the support line and above the slope of the lower highs. TARGET: Target is approximately the same distance as the height of the triangle formation. ❤️ 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 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 ❤️
Education
by ForecastCity_ME
2
Head and Shoulders - "Learn More Earn More" with usInverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal. . This illustrates that the downward trend is coming to an end . . When a Head and Shoulders formation is seen in an downtrend, it signifies a major reversal . . The pattern is confirmed once the price breaches the neckline resistance . In this example, we can easily see the head and shoulders pattern. How to Trade the Head and Shoulders Pattern: ENTRY: we put an entry order below the neckline. TARGET: We can also calculate a target by measuring the high point of the head to the neckline. This distance is approximately how far the price will move after it breaks the neckline. ❤️ 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 trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Education
by ForecastCity_ME
8