Ethereum can give buy signal CRYPTOCAP:ETH
Ethereum is on bottom . its create dimuon pattern formation. when Ethereum break trendline ,we can create buy position
. also can long position in bitcoin
Ethereum (Cryptocurrency)
Bitcoin trading in a triangle.Bitcoin trading in a descending triangle formation after fall.
It has been consolidating in a range after failing to hold its 20 ema on weekly chart.
Bitcoin has recently tested its weekly 200 ema has is consolidating just above it.
There is a resistance and a support which has been tested many times and once broken can give nice targets.
Support :- 27100, 28650, 28500
Resistance :- 30500, 31800
The coin is silent for half a month.
Watch for the price action near the triangle breakout.
#bitcoin #btcusd
ETHUSD Weekly ProgressRaw POV on ETHUSD, what's your take on ETHUSD? Rise and Fall goes on and on and on and on.
#ETHUSDT WeeklyBased on weekly chart, we can see ETH still in Bearish phase. if the market close down from the blue line . you can take entry in bearish view
In the Weekly time Frame is it forming Head and shoulder pattern .
In my personal opinion, ETH is in Indecision Mode both MACD and RSI are Not in oversold Zone .
Support levels
- 2056
- 1701
Resistance levels
- 2783
- 3107
Bitcoin to 34k coming Bitcoin in H4.
I hope you like the content. I wanted to keep this forum where i can share my ideas in detail and why i think so.
Execution of ideas happen in my trading forum which is has so cost price for the real honest neat and clean trades/ content
Ok let's move on , Today gona share Bitcoin in H4
As said before. Have guts , have balls to buy it's real buy and we may see momentum soon. Point to understand here is , more the fear more the blood more the opportunity, you want to grab it or not upto you.
Tech Analysis, if you zoom out and see what bitcoin did is bear fakeout, it broke the trendline downside, but keep the PA in golden pocket. It's now ranging in ultra critical point i.e. Breakout point.
Sentiments for today: I am expecting upside momentum because today's cpr is so clean and wide and there is no agility there. Ya. Price i am expecting as per W shape recovery in H4 approx 34.6k in coming days.
Bullish as long as 28k secured.
Much Love
@thebigbull9
Ascending Triangle Ascending triangle is forming in 4hr time frame.You can decide long/short based on the direction in which the triangle breaks out. Make you to book your profit at the resistance and have a stop loss accordingly.
ETH could come down and take support in 1100-1500 range.ETH could take support in 1100-1500 range in the zone marked by the two trendlines.
ETHEREUM HEAD AND SHOULDER PATTERNWe could see a Head & Shoulder pattern on daily/weekly/monthly timeframe, i do think so that crypto is getting into much more correction from the current levels also.
Note : This is only an analysis, dont follw it blindly, use your own experience and knowledge also.
THANKS AND REGARDS
DAKSH SHARMA
RELIABLE CANDLESTICK PATTERNPattern Name: Bullish Engulfing
Pattern Type: Bullish Reversal
No. of Candles: 02
How to Identify it?
1)There must be a preceding Downtrend.
2)A short Red candle followed by a long green candle.
3)The Green candle should open lower & closes higher than the Red candle.
4) The Green candle should completely engulf the Red candle.
The psychology behind it :
1)The Bears lose momentum & the Bulls take charge and manage to close above the red candle.
2)It implies the bulls have fully overridden the bears.
How to trade it?
1)Look for the Bullish Engulfing at the bottom of the Downtrend.
2)Upon confirmation, open a Long position in the 3rd Candle.
3)Place a Stoploss below the low of the Green candle.
bitcoin under selling pressure can lead to13kbitcoin and ethusd are in huge selling pressure .
bitcoin likely to hit 11k-13k before any new life time high.
watch the level of 30k if broke then target is confirm.
💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2754.06).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 51.
Take Profits:
TP1= @ 2840.10
TP2= @ 2904.65
TP3= @ 2979.96
TP4= @ 3048.83
TP5= @ 3167.06
SL= Break below S2
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ANALYSIS FOR ETH FIRST SHORT THEN LONG 10 days view for ethereum.
Must all things remain normal becuase the crypto industry reacts heavily n news the following scence will happen if every things go well.
Risk is involved so be careful.
Bitcoin respecting the trend line.Bitcoin has been respecting a trend line and is taking support from it.
The coin is trading around its 20 ema on 15 mint time frame.
Support will be the trend line. Let the price trade below the trend line or breaks above the level of 38810.
On daily time frame, it’s forming an inside candle.
Support :- 38100, 37700
Resistance:- 38810, 39270
Wait for price action near the levels for entry.
Ethusd also turning bearish Ethusd break below 2100 on weekly basis will lead to a target of 500-900 range.
this a personal opinion and for study purpose .
NIFTY FOR APR 22 EXPIRY Hello everyone this chart technically measured and filtered by team INFINITYIV.
LEVELS FOR WEEK MENTIONED BELOW…LIKE TO UNLOCK LEVELS.
POSITIVE:-
1. PCR.
2. Good GST COLLECTION.
3. RELIANCE BULLISH.
4. Ppl seem to buy on deep
NEGATIVE:-
1. World market closed negative.
2. Crypto currency’s too.
3. FII is in selling mode.
4. RUSSIA UKRAINE situation.
5. Rising OMICRON.
6. Rising inflation.
7. Monthly weekly expiry.
LEVELS FOR WEEK.
STRONG RESISTANCES.
⬆️ 17265 ⬆️17467 ⬆️MAX UPSIDE FOR WEEK 17741
STRONG SUPPORTS
⬇️17116 ⬇️16786 ⬇️MAX DOWN SIDE FOR WEEK 16423
CHART PATTERN AND INDICATORS.
1. Nifty rejected on weekly time frame.
2. 36 out of 45 applied indicators negative.
3. WAVE 5 is not completed.
HOW TO TRADE WITH CHART.
1. SIMPLE FOLLOW PREVIOUS CHART. There you can find simple rules for trading.
NOTE:-
1. We are working hard to provide you a 100% accurate chart.
2. Hit like if you want to appreciate us.
3. 9 out of 10 our charts achieves dot.
4. For any queries you can text us.
5. Trading involves risk please contact your financial advisor before trading.
Greetings.
INFINITYIV wishes you happy trading and have profitable week.
Ripple a good or bad bet for now.A nice bet in crypto can be the Ripple coin. As it has not formed a new LOWER LOW.
The coin on seems to hold the support level of 0.585 on weekly basis.
The coin has been in a bearish trend and signs of trend reversal are there.
Ripple had made an equal and if it break the previous high convincingly a bullish momentum is possible.
On weekly analysis, coin is trading around its 20 ema.
Ripple can be a positional trade.
The coin has consolidated in a range on a high time frame, its break out will confirm the trend reversal.
Moreover, it will be trading above its moving averages.
A nice momentum trade can also be initiated for intraday and swing trade.
Play ETHEREUM with moving averages.Ethereum is trading at a crucial support zone and there can be a reversal.
Though, on a 60 minute time frame, the moving averages crossover is showing some bearish trend.
On a 15 minute time frame, the coin taking support for the zone and strong bullish candle are being formed.
Support :- 2945,2850
Resistance :- 3020, 3100
Watch for the candle to close above is 20 ema on 60 minute time frame, as it has been taking resistance from the static level.
It can travel upto 200 ema once it gives a strong close above 20 ema.
Price action and volume analysis must be used.
ZIL/USDT CMP 0.11 Long Term Target 2$-3.5$Guys this crypto going to give a huge return to its investor around 5 x to 20x times long. Keep on Accumulating in dip for long-term profit.
Bitcoin following the channel.Bitcoin doing what it should do.
Getting ready for another rally from the bottom of the channel.
Immediate resistance is 50 SMA.
If this channel is maintained then we are all good.
Ethereum sell for short termEthereum sell for short duration, over the eclipse strong supply, lot of expectation to reach Rectangle zone 2712.00
Educational Post EthereumFormation of an ascending broadening wedge after a trough.
This type of pattern appears during the correction in a bearish movement, it is a bearish continuation pattern. Resumption of the bearish movement after correction.
Statistics of the ascending broadening wedge after a trough
- In 79% of cases, the exit is bearish.
- In 23% of cases, an ascending broadening wedge occurs in a consolidation movement.
- In 81% of cases, the pattern's price objective is achieved when the support line is broken.
- In 40% of cases, the price makes a pullback in resistance on the ascending broadening wedge’s support line.
Ethereum gives a nice breakout of "W" Pattern.Ethereum looks bullish on a higher time frame and has crossed the resistance of 3100 levels.
It has closed above the level on daily time frame and is taking resistance form is 20 ema.
A nice morning star pattern is there on a daily time frame and trading between the moving averages.
On a 4 hour time frame the coin has given a "W" pattern break out with good volumes and has crossed it 20 and 200 ema .
Support :- 3100, 3040, 2960
Resistance :- 3198,3320
There is a crucial resistance near 3130-50 i.e. 20 ema on daily and weekly time frame.
Wait for the price action and candlestick pattern near the levels.
