ETH/USD Long1. Taking a long position on the retest of broken trendline.
2. If the retest fails it will go down hard.
3. Taking small risk over the account with proper Risk Management.
Ethereum (Cryptocurrency)
ETHUSD: The pair is at an inflection point. ETHUSD: The contract is into dominant down trend. The RSI is taking resistance at the bear market extreme with a NR formation. 196.50 is a strong pivot level. The contract needs to register a close above it to establish a trend change (as a double bottom is noticed). However any failure to move above 196.50 will lead to resumption of the trend down again. The probable southward targets are 152, 140 & 134.
ETHUSD $250.00 targetEthereum is getting ready for a breakout move as the cryptocurrency continues to find solid dip-buying interest around the $180.00 level. A bullish inverted head and shoulders pattern on the lower time frames is signaling a possible rally towards the $250.00 level. Only a sustained move below the $155.00 level would negate the bullish outlook for the ETHUSD pair.
• If the ETHUSD pair trades above the $200.00 level, key resistance is found at the $210.00 and $250.00 levels.
• If the ETHUSD pair trades below the $200.00 level, key support is found at the $170.00 and $155.00 levels.
There is a possibility for the beginning of an uptrend in ETPETHTechnical analysis:
. ETP/Ethereum Dollar 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 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0023000to 0.0016000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0023000)
Ending of entry zone (0.0016000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0032500
TP2= @ 0.0043000
TP3= @ 0.0055000
TP4= @ 0.0079500
TP5= @ 0.0098900
TP6= @ 0.0118350
TP7= @ 0.0146100
TP8= @ 0.0181700
TP9= Free
ETHUSD $198.00 breakout neededEthereum is trading above the $180.00 level as the recent rally in the cryptocurrency market has helped return the ETHUSD pair's short-term bullish status. The four-hour time frame shows that a breakout above the $198.00 level could propel the ETHUSD pair towards the $240.00 level. Only a sustained move below the $170.00 level will negate the ETHUSD pair bullish outlook.
• If the ETHUSD pair trades above the $198.00 level, key resistance is found at the $210.00 and $240.00 levels.
• If the ETHUSD pair trades below the $198.00 level, key support is found at the $180.00 and $170.00 levels.
ETHUSD awaiting reversalEthereum is still trading on the defensive on Tuesday, as the pair awaits the next directional move in the broader cryptocurrency market. If bulls can keep price above the $168.00 level, the ETHUSD pair can form a strong reversal pattern. According to the size of the pattern, a move above the $188.00 level this week would take the ETHUSD pair towards the $208.00 level.
• If the ETHUSD pair trades above the $188.00 level, key resistance is found at the $197.00 and $208.00 levels.
• If the ETHUSD pair trades below the $188.00 level, key support is found at the $168.00 and $150.00 levels.
ETHUSD bearish under $180.00Ethereum is consolidating towards the worst levels of the week in early Wednesday trade, as the second-largest cryptocurrency struggles to find buying interest. Short-term bulls are only in control of the ETHUSD pair while price trades above the key $180.00 support level. Overall, buyers need to force a breakout above the $197.00 resistance level this week or the ETHUSD pair could fall back towards the $150.00 level.
• If the ETHUSD pair trades above the $180.00 level, key resistance is found at the $197.00 and $210.00 levels.
• If the ETHUSD pair trades below the $180.00 level, key support is found at the $171.00 and $150.00 levels.
There is a possibility for the beginning of an uptrend in XVGETHTechnical analysis:
. VERGE/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 56.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001620 to 0.00001290). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001620)
Ending of entry zone (0.00001290)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00002240
TP2= @ 0.00003000
TP3= @ 0.00003500
TP4= @ 0.00004235
TP5= @ 0.00005080
TP6= @ 0.00005850
TP7= @ 0.00007160
TP8= @ 0.00008460
TP9= @ 0.00012690
TP10= Free
ETHUSD $185.00 importantEthereum is performing a near-term technical bounce after the ETHUSD pair found strong support from the $168.00 level over the weekend. ETHUSD bulls need to hold the pair above the $185.00 level to encourage buying interest towards the $210.00 level. Failure to overcome the $185.00 level could easily see the ETHUSD pair sold back towards the September low.
• If the ETHUSD pair trades above the $185.00 level, key resistance is found at the $189.00 and $210.00 levels.
• If the ETHUSD pair trades below the $185.00 level, key support is found at the $168.00 and $150.00 levels.
ETHUSD $175.00 keyEthereum is attempting to build bullish momentum on Wednesday as the cryptocurrency market starts to recover from the September trading low. The ETHUSD pair could advance towards the $190.00 level if bulls keep price above the $175.00 level. Overall, a loss of the $175.00 support level could prompt the ETHUSD pair to test towards the important $150.00 level.
• If the ETHUSD pair trades above the $175.00 level, key resistance is found at the $190.00 and $205.00 levels.
• If the ETHUSD pair trades below the $175.00 level, key support is found at the $165.00 and $150.00 levels.
ETHUSD bullish divergenceEthereum is still trading at relatively depressed levels on Friday, although the thirty-minute time frame is showing huge bullish MACD divergence. The bullish MACD divergence extends towards the $218.00 level and suggests an upside rally may soon be coming for the ETHUSD pair. Overall, ETHUSD bulls may start to enter back into the short-term long trade once the $180 level is reclaimed.
If the ETHUSD pair trades above the $180.00 level, key resistance is found at the $200.00 and $218.00 levels.
If the ETHUSD pair trades below the $180.00 level, key support is found at the $165.00 and $150.00 levels.
ETHBTC SHORTHEAD AND SHOULDER APPEARED IN 2HR TF .
SO GUYS U CAN TRADE THE PATTER WITH A STOP ABOVE THE RIGHT SHOULDER
eth shortas of now we can see the bullish strength getting week in eth so lets trade the correction of positive impulse eth had
ETHUSD $200.00 pivotEthereum is attempting to recover recent bullish momentum after the entire cryptocurrency market came under heavy pressure over the weekend. ETHUSD bulls need to keep price above the $200.00 level to encourage a fresh round of buying interest towards the current monthly trading high. Overall, the $230.00 to $235.00 technical area remains the likely upside target this week.
If the ETHUSD pair trades above the $200.00 level, key resistance is found at the $225.00 and $235.00 levels.
If the ETHUSD pair trades below the $200.00 level, key support is found at the $195.00 and $190.00 levels.
ETH Holding Support Level ETH HOLDING SUPPORT LEVEL
It Can Go More 20% Soon
But BTC Stability Matters <3
ETHUSD $230.00 possibleEthereum remains well-supported on Thursday as the second-largest cryptocurrency by market capitalization holds steady above the $200.00 level. The $230.00 level is the next major upside target for ETHUSD bulls if price continues to hold above major support. A sustained loss of the psychological $200.00 support level may provoke a key test of the $190.00 support level.
If the ETHUSD pair trades above the $200.00 level, key resistance is found at the $225.00 and $230.00 levels.
If the ETHUSD pair trades below the $200.00 level, key support is found at the $190.00 and $185.00 levels.
