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Ethereum (Cryptocurrency)

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.
NSE:HDFCBANKEducation
by farhanf7867
💡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 ❤️ 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 / Crypto 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
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.
NSE:NIFTYShort
by INFINITYIV
3
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.
by TheMamboMomentum
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.
FOREXCOM:ETHUSD
by TheMamboMomentum
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.
by nawaab001
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.
FOREXCOM:ETHUSD
by TheMamboMomentum
Bitcoin view 14/04/22.Bitcoin is trading around a crucial fib level on a weekly time frame of 41390 (0.50 fib level). It seems bullish on higher time frames of weekly as it has taken support form 0.382 fib level, for swing trades we can enter is a 4 hour candle closes above 41500. On daily time frame analysis, it is forming a lower highs and lower lows and has given a cross over of moving averages, thus looks bearish. If the price drop below 39300 it can test levels of 37500-600. Support :- 40400,39790, 37600 Resistance :- 41390, 42100, 43010 On 4 hourly time frame, it has crossed its 20 ema with a bullish candle and is trading in a range. Wait for the level to break convincingly and there can be a trend reversal in a shorter time frame.
BITSTAMP:BTCUSDLong
by TheMamboMomentum
Bitcoin's lifetime Fibonacci Lines & DiaryBitcoin is going to face pressure from two support lines that you can see on the chart and while people find a lot of correlation between S&P 500 Index Chart to that of bitcoin, we can assume that there's huge volatility across the global markets and not just cryptocurrencies. I've drawn multiple scenarios for reversal without having an ambitious target like bitcoin maximalists or Cathie Woods. It's possible but not anytime soon. Stick to entering your positions on any resistance line that could potentially become support. And stay away from scalping for a few weeks :D
INDEX:BTCUSD
by mrinalsethi
Ethereum trading view for next week 11/04/22Ethereum has streched for contunues week and changing the trend near the support level. Its taking support from the 20 ema on a weekly time frame. The price has tested the support and has given a upmove. On daily time frame too there is a bullish momentum in the price as its taking support from 20 ema and has given a cross over in the moving averages. Ethereum can run either side as its trading between 20 and 200 ema on 4 hour time frame. Support :- 3100, 3020, 2950 Resistance :- 3434. 3675 It has support near its trading price and can reverse form the support. On a short time frame there can be a resistance at 3320. So wait for the price action near the levels before trading the coin.
FOREXCOM:ETHUSD
by TheMamboMomentum
Ethereum gives a nice breakout of "W" Pattern.Ethereum has streched for contunues week and changing the trend near the support level. Its taking support from the 20 ema on a weekly time frame.The price has tested the support and has given a upmove. On daily time frame too there is a bullish momentum in the price as its taking support from 20 ema and has given a cross over in the moving averages. Ethereum can run either side as its trading between 20 and 200 ema on 4 hour time frame. Support :- 3100, 3020, 2950 Resistance :- 3434, 3675 It has support near its trading price and can reverse form the support. On a short time frame there can be a resistance at 3320. So wait for the price action near the levels before trading the coin.
FOREXCOM:ETHUSD
by TheMamboMomentum
Bitcoin forming evening star.Bitcoin on a weekly analysis is forming an evening star chart pattern and is taking support. It is trading below its 20 ema and 0.382 fib levels. On daily time frame, it has closed below is 20 and 200 ema and seems little bearish for short time fame as 4 hour time fame has given a moving average cross over. It can retest its 20 ema on 4 hour time fame and fall further. Support :- 42100,41380. 39790 Resistance :- 43010,44550, 45600 Supports may be breached once the price trade below the levels and sustain. Bitcoin has streched and can come futher down to test the levels Wait for the price action near the levels before trading,
BITSTAMP:BTCUSD
by TheMamboMomentum