Ethereum (Cryptocurrency)
💡Don't miss the great buy opportunity in ETHUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (1286.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSDT 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 51.
Take Profits:
TP1= @ 1380.60
TP2= @ 1441.00
TP3= @ 1478.00
TP4= @ 1600.00
SL= Break below S2
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💡 Don't miss the great buy opportunity in Ethereum/TetherUSTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1120.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum/TetherUS ETHUSDT 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 60.
Take Profits:
TP1= @ 1350.0
TP2= @ 1450.0
TP3= @ 1575.0
TP4= @ 1705.0
TP5= @ 1880.0
TP6= @ 2100.0
SL= Break below S2
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[b]Trading suggestion:[/b] ". There is a possibility of temporarTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (1345).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Ethereum/TetherUS is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 1438
TP2= @ 1540
TP3= @ 1700
TP4= @ 1850
TP5= @ 2000
SL= Break below S2
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ETH reaching towards ath as discussed in the last eth chart out triangle broke upwards and we hit all our targets
now as you see we may play a short trade for little profit because of the resistance line of that channel.
SHORT
entry: 1390
Exit: 1320 (1330 for safer side)
according to my chart analysis, the chances of ETH reaching 1500 is very high in the next 4-6 days
ETH could give 300% returns in 2021? Check major TP here:Analysis:
Historically, ETH-BTC has given good gains after BTC rally
Pair almost at the bottom range
2021 major cryptocurrency
Investment Strategy:
Buy the ETH dips more than 5% or 9%
ETH in exchanges is reducing, the price could pump in next 3 months
If the price pumps too fast, convert some amount back to BTC but HOLD some ETH for 2021
The objective is to increase BTC holdings using ETH pump
💡Don't miss the great buy opportunity in XLMETHTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00021310).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Stellar/Ethereum 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 54.
Take Profits:
TP1= @ 0.00031220
TP2= @ 0.00034440
TP3= @ 0.00037620
TP4= @ 0.00042380
TP5= @ 0.00048360
TP6= @ 0.00056610
TP7= @ 0.00071350
SL= Break below S2
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ForecastCity English Support Team ❤️
MarketMonster-A - All in one trading indicator MarketMonster-A is an EMA ribbon comprised of 8 EMAs that are blue/white during a bull market and gray during a bear market. The intersections of these lines can be very strong lagging indications, so we have programmed MarketMonster A to project symbols which correspond to various indications so you don’t have to manually interpret each bullish or bearish cross. It also gives a great visual of the trend, supplying you with strong mathematical support or resistance. MarketMonster-A was made to easily analyze, isolate, and anticipate macro trends.
Key Features:
* EMA Ribbons
* Symbolic Guidance
* Helps you identify and understand your trading environment
* Recommend Candles: Heiken Ashi.
MARKET MONSTER IS THE ALL-IN-ONE MOST PROVEN SET OF TRADING INSTRUMENTS FOR TRADERS Market Monster combines over 30 years of trading experience and dozens of indicators into one comprehensive package. It is the single best, most versatile indicator specially designed for Bitcoin but usable in all financial markets. The Market Monster does the majority of the leg work in interpreting the data, spitting out various symbols which will guide your trading. Not only will the Market Cipher give you strong hands in a volatile market, it will also call every top and bottom and warn you of price traps. Whether you prefer oscillators, support and resistance lines, or examining moving averages, the Market Cipher caters to all styles of trading while interpreting all of the data for you.
MarketMonster-B - All in one trading indicator MARKET MONSTER IS THE ALL-IN-ONE MOST PROVEN SET OF TRADING INSTRUMENTS FOR TRADERS
Market Monster combines over 30 years of trading experience and dozens of indicators into one comprehensive package. It is the single best, most versatile indicator specially designed for Bitcoin but usable in all financial markets. The Market Monster does the majority of the leg work in interpreting the data, spitting out various symbols which will guide your trading. Not only will the Market Cipher give you strong hands in a volatile market, it will also call every top and bottom and warn you of price traps. Whether you prefer oscillators, support and resistance lines, or examining moving averages, the Market Monster caters to all styles of trading while interpreting all of the data for you.
MarketMonster-B is an all-in-one oscillator allowing for more quality indications than ever before. It combines five algorithms (some well-known, some custom) that have all been fine-tuned and smoothed for optimal analysis and trading results. When all of the algorithms converge, MarketMonster-B will project a “Green Dot & Blue Diamond" which will aid you in longing the dips in bull markets as well as temporarily exiting shorts in bear markets. The Green Dot is often accompanied by extreme sellers’ momentum and will warn you of potential market bottoms, giving you strong hands even when the night is at its darkest. MarketMonter-B certainly excels on the small time frames, but is a particularly deadly tool for isolating large swings in the market.
Key Features:
*6 Oscillators optimized and consolidated into one
*Green dot market bottoms
*Ultimate market barometer and trade initiator
*Recommended candles: heiken ashi or standard candlesticks
*Red dot market top.
Primary Triggers:
Green Dots – Leading buy signals that excel in sideways and upwards trends.
Red Dots - Leading sell signals that excel in sideways and downwards trends.
Blue Waves – You are looking for overbought and oversold readings for the most part here, but to get the most out of these waves.
Divergence - spot divergent price action which often foreshadows a future price move.
Yellow VWAP – We have incorporated the VWAP into an oscillator. It is the easiest algorithm on B to read. When it crosses up, you are long until the next cross down. When it crosses down, you are short until the next cross up.
Secondary Triggers:
MFI – The custom Money Flow oscillator gives a great visual of market conditions. When it is green, we say the grass is growing, the Bulls are grazing, and the strategy is to buy dips. When the MFI is red, buyers are dead, and the prevailing strategy is to short the peaks. You can filter many bad trades by paying attention to the MFI .
RSI – The RSI misses many opportunities on its own, but when used in tandem the other oscillators in B, can provide an extra layer of confidence via overbought and oversold readings.
Stochastic RSI – The Stochastic RSI is an indicator of an indicator. When it crosses the regular RSI , it paints green or red, signaling a bullish or bearish cross. No more manual scanning for RSI crosses! These events have greater importance on higher timeframes where the Stochastic RSI often paints red or green for weeks or months at a time. When the change in color finally occurs, that can be a strong indication to long or short.
💡 Don't miss the great buy opportunity in Ethereum/TetherUSTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1059.2). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum/TetherUS ETHUSDT 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 65.
Take Profits:
TP1= @ 1190.0
TP2= @ 1262.2
TP3= @ 1335.4
TP4= @ 1440.6
TP5= @ 1500.0
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 ❤️