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Ethusdidea

ETHUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD ETHUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
CRYPTO:ETHUSDLong
by tradergyan01
1
ETH at necklineAfter a freefall eth halted at major level of 2160 and started consolidating now it has formed a inverted head and shoulder currently the neckline and the mid resistance at 2630 after the breakout and retest it can go upto 20% which will be 3200 usdt NOTE: * used shciff ptichfork the price bounced back from lower median * after the confirm breakout with bullish candle trade above the 0.5 of median line(black) * the price might bend or retrace from black median line and as per my projection there wont be parabolic move or else will have to redo the analysis * it is a postional trade but initiate it with your own risk and trading style let me know your feedback in comment about opinion on the short term view happy trading ....!
Long
by Jimmy_Rebello
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.
COINBASE:ETHUSD
by UnknownUnicorn2091450