💡Don't miss the great buy opportunity in ETHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (1731.90).
. 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 1863.30
TP2= @ 1946.45
TP3= @ 2040. 40
TP4= @ 2217.00
TP5= @ 2375.50
SL= Break below S2
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Ethereum (Cryptocurrency)
ETH/USDT on 45 min Chart pattern ETH/USDT has been trading below 200 ma and formed a bearish continuation pattern called being rising wedge. Rising wedge can be formed in uptrend & downtrend too.
As ETH is sustaining below 200 ma line , it indicates that bears are in control & we can see some more fall. Levels are drawn for trades. Look for shorting opportunity once support of the rising wedge is broken. Look for long only when channel is broken and ETH sustains above 200ma.
ETH/USDT ON 2 hours chartETH/USDT has broken its major support trendline but couldn’t sustain to stay above 200 MA for a long time. While posting this ETH is trading in a range market, making a bit dicy for confirmations. Looking at the chart patterns we could plot HEAD & SHOULDER pattern. Once the neckline is broken we can look for short position and target can be the length of the start of left shoulder. Trade safe
💡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
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. . . . . Please show your support back,
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ForecastCity English Support Team ❤️
It's a great buy opportunity in ETHUSDT @ethereum Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1454.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHUSDT Ethereum 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 70.
Take Profits:
TP1= @ 1564.5
TP2= @ 1647.5
TP3= @ 1715.0
TP4= @ 1803.0
TP5= @ 1944.5
TP6= @ 2039.0
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 ❤️