Ethereum (Cryptocurrency)
ETHUSD Coinbase - Looking for EntryEtherum has had a great long term run since April of last year. The overall trend of the coin is still ok. I look to make sure the price is still above the 200 day EMA which it is right at that point. I am looking for entry here, though the Supertrend still has not given a good indicator to re-enter. As long as the price stays above the EMA once Supertrend goes green I will probably make the entry. But like most coins right now there is a chance the trend will continue and entry will have to wait.
Their is no set pattern over the last year showing how ETH acts. The last time it dipped to a downtrend it was for a few months but before then it lasted almost a half a year before it recovered in April 2020. We are at another consolidation period as the trading has gone horizontal with low volume and in a slump like COINBASE:BTCUSD . Both coins are in a strange holding pattern waiting for the next breakout.
If COINBASE:BTCUSD breaks out like I hope as I believe it will after a two month slump, I think COINBASE:ETHUSD will see some momentum and start to trend up, though we will know more within the next few days. I am holding off entering until we know where the trend is taking us.
Possible Opportunity - Cup and Handle on 30mGood morning Traders! Hope all are having a great weekend so far. Looks like ETH could be in the process of forming a CUP AND HANDLE pattern on the 30min timeframe. If this pattern holds true to the C&H, we can see ETH push to the first TP, small corrections and then a push to ~2250. This would complete the RIGHT SHOULDER for the possible HEAD AND SHOULDERS taking shape on the higher timeframes. RSI is showing room overhead. Would love to hear your thoughts!
TP1 - 2190
TP2 - 2250
Information provided here is not intended as financial advise. Please, dyor.
Are the bad days over for Ethereum?Ethereum has gone above 20-Day MA and had broken the trendline. Hoping it to sustain and move up now.
Dogecoin (DOGEUSD) on the verge of Important Breakout at 0.28670Decisive Point 0.28670 ,
if breakout with volumes and stabilized above purple zone
1st Target 0.38218
2nd Target 0.44856
The long and (the) short of this recent Crypto Crash
As I mentioned in my Multi Year Analysis, I am Bullish for Cryptos Segment for coming 3-5 Years, My Long Stop loss for BTCUSD is 15K-19K on an average till then nothing can harm cryptos no matter what.
Buying the Dips is the best strategy now and lot of our clients bought BTC, DOGECOIN, LITECOIN, Ethereum in this recent downfall, this is the best opportunity, shouldn't be missed at any cost.
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Take the help of Financial Expert if you have queries and doubts.
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BTC Bulls in the Driving Seat 40k soon In my Multi Year Analysis earlier, in which I mentioned $100,000 in a Target for BITSTAMP:BTCUSD is making a strong base is actually in a accumulation phase, in shorter term $40k coming fastest finger fast for crypto lovers.
Literally, Last Chance for this generation to accumulate Monster Crypto BTC, buy the every big dips in 10-15 parts whether it goes under the ground also. hahaha
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Patience and Right-Timing are your Life-Partners.
Happy Investing, I await your comments 😀👍🤝🏼
Last Chance for this generation to accumulate Monster Crypto BTCWe are in the final phase of the downtrend in BTC /USD and interested folks must start accumulating, yes otherwise you will hugely repent if you missed this last chance and Monster Crypto crossing 6 figures in coming years.
Of course, you don't wanna regret better putting at least 20% of your portfolio in crypto sector, not in one shot, accumulate in five or ten parts.
Patience and Right-Timing are your Life-Partners.
Happy Investing, I await your comments 😀👍🤝🏼
💡Don't miss the great buy opportunity in ETHUSD @ethereum
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1900).
. 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 58.
Take Profits:
TP1= @ 2136
TP2= @ 2283
TP3= @ 2460
TP4= @ 2637
TP5= @ 2894
SL= Break below S2
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