Ethereum short-term ideaThe only way this idea would go bust is if ETH closes above the 50% Fib at $3,050.
As always, DYOR. NFA!
Ethereum (Cryptocurrency)
Eth Breakdown 2550 Support . now next entry ?Eth Breakdown 2550 Support . now next entry is 1800-1850 . & take a profite 20% to 30% .
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.
L(ETH)AL GO SHORT FROM MY ENTRY, WITH A SL AS GIVEN, AND TARGET AS CLEAN LOW(LONG WICK REJECTION), IF U SEE SOME SORT OF REJECTION OR RETRACEMENT FROM THAT ZONE U CAN EXTEND UR TARGET TILL YELLOW ZONE, SINCE IT HAS BEEN TESTED ONCE SO PROBABILTY OF HOLDING FROM THERE IS 50-50.
#MANAPPURAM #MUTHOOTFIN $GLD #NBFC #Stocks #DeFi #Banknifty #NSE#MANAPPURAM
NSE: MANAPPURAM
CMP: 162.90
Targets 190++
Might hold for 235++
Time Frame: Less than 2 months.
Analysis:
Uptrend Begins
Higher Low
Higher High
Flag Pattern
Cup and Handle Pattern
Head and shoulder Pattern
Double Bottom Pattern
Breakout
Price Action
Earnings improved
Super Bullish on this stock.
Might blast to more than 240 in long run.
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for the latest stock recommendations for free.
From Rachit Sethia with 💚
ETH Price Primed for 6x Surge! Analyst Hints $2 Trillion Market Lark Davis, a prominent New Zealand-based crypto analyst, recently hinted at a huge 6x price increase for ETH Price from its current value. According to him, the market cap of ETH is growing at an unstoppable rate, and considering the success and development of the Defi business, the bulls seem to be on the side of the second largest coin. ETH has also jumped because of the significantly strong demand from institutional investors.
Ethereum Market Cap Poised for Massive Surge
According to CoinMarketCap, Ethereum’s market cap of $2 trillion reflects a roughly 550% increase from its current $309 billion valuation.
Ethereum seems to be reviving and may as well explode in the near future.
Source : Coinpedia
ETH $2500 resistance broken$2,500 resistance has been broken, expected uptrend.
Not financial advice.
Bitcoin showing Bullishness on 4 hrIn 4 hour timeframe, bitcoin was in a channel with multiple tests on Support and Resistance. Now it's heading towards 42000.
One can initiate a long buy at 38000 levels with a proper risk-reward ratio.
ETHUSD : Looking for great buying opportunity!ETHUSD is looking for great buying opportunity after having 60% correction & has the high chance to make some heavy chunks of profit for the next coming month. & formed descending channel on 4h & has reached at the bottom for the continuation to the upside!
Intraday Buy!Buy ETHUSD at the breakout of 2500, SL at 2150 (slightly below "C" point and final target around 3150 (1.618 level of fibonacci) with RR ration almost 1:2)
#UMANGDAIRY #stockmarket Flag pattern breakout retest 25% return#UMANGDAIRY
NSE:UMANGDAIRY
CMP: 58.80
Target: 73++
Might hold above 73 as well.
Stop Loss: 48
Time frame: Less than 2 months.
Keep trailing stop loss.
Factors:
Rising Volume with rising Prices.
Channel Median breakout.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher High & Higher Low.
Broken above resistance.
Trading at support.
Fundamentals are strong.
Risk Return Ratio is healthy.
And
Bullish Wedge FLAG formed.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
SHORT ETH !!! In the current downtrend market, shorting is a good decision to take. with the confirmation of bearish flag pattern and fib levels, this is my short trade setup .
- always use do money management .
- For long term investors this is a great opportunity for buying as the prices are low.
ETH POSSIBLE UPTREND SIGN If it breaks upward trendline & makes a DOUBLE BUTTON; be alert that time cause it'll be going MOON
Or if break downward then be READY to SHORT . . . .
Ethereum (Triangle pattern)Elon Musk's tweet on bitcoin had hitted crypto market badly, Ether(Crypto currency of Ethereum) had been falling from past few days, and currently ether is at one of its strong support. But we know that Ethereum is much better than bitcoin because it is not only used for transactions but it is a complete platform for development of decentralised applications, and for maintaince and using those dapps(decentralised applications) we require ether. So there is actual real life demand for ether, Elon Musk tweeted about high energy consumption by bitcoin, ether uses much less energy than bitcoin and we know ether is in the process of shifting to proof of stake system. Proof of stake will further reduce energy demand, making it more eco friendly, it will also increase number of transactions per second from 14 to above 1500. Further more according to EIP 1559, from July 15, few amount of ether will be burner(destroyed forever) with every transaction. This will make it more valuable than bitcoin because it will constantly reduce supply of ether, since some amount of ether will be destroyed with every transaction. Supply reduced = Price Increase. People don't understand blockchain technology like once they didn't understood computers, but if anyone would invested at that time, he would had seen huge profits, similar thing happened with internet, and this is web 3.0(blockchain). Because of all these upgrades, I see great demand increase of ether in upcoming months
So it will be wise to understand that this fall in price is only for short term, ether will rise in long term. And a triangle pattern on a strong support indicates a reversal. It is advised to buy ether at any price below $3500, profit will be seen in short term, but if you are able to hold it till end of August(long term), it will be above $10,000(because of all the reasons given above)
#QUICKHEAL #IT #ML #IOT #CNXIT #TECH #NIFTY #BANKNIFTY #NIITLTD #QUICKHEAL
NSE:QUICKHEAL
CMP 193.10
Target 225++
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for latest stock recommendations for free.
Might blast to more than 225++
Super Bullish on this stock.
From Rachit Sethia with 💚
Eth/usdtEthereum hitt approx all targets but now looking slightly bearish with head& shoulders pattern, if we loose supports then maybe hit lower targets..!!
