J-ETH
💡Don't miss the great buy opportunity in ETHUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3343.00).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 3591.00
TP2= @ 3974.00
TP3= @ 4213.47
TP4= @ 4367.64
TP5= @ 4643.47
SL= Break below S2
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BTC rising wedge can it hold 46-45k Btc is forming a rising wedge and now it broke down it! the main resistance is 49-50k and the critical support is 45k if hold above it we can expect move upside and can can came back to 40k or even 35k level so trade with tight stop loss. Also we can see a that the rsi is forming a bearish divergence. you can see a similar situation earlier. its better to avoid taking big positions
$GTC broke out with good volume Yesterday , I posted this chart and within few hours $GTC started picking up heat even in a choppy market , now we can expect a retest of the previous resistance. On a successful retest , the resistance will turn into support and it is good to add to your positions in the fib range 0.382,0.5,0.618 , I will be adding in these three spots by splitting up , stop loss below trendline , anyways watch out for BTC , if BTC falls then GTC would have less chance for upward continuation
$THETA local resistance 7.9 - 8.5 Theta facing so many resistacne above it and has to break all of it in the upcoming months , it will be a hard time for Theta to do it , local resistance is t 7.9-8.5 , I can't see any clear price discovery happened to theta in the short term after the triangle break , Triangle breakout also lacks volume , be careful before taking a trade too soon
ETH$ - both ideasEthereum at this point is staying close to the 50 EMA after losing strength in holding the 30 and the 15 EMA. Although we are consolidating below resistance (bullish), the break of $3336 with an hourly close above that price would favour higher prices.
In failing to break $3289 shortly will result in a continuation to the downside, along with the crosses of the 15 and 30 EMA to fall below the 50 EMA. This will result in a drop to 3055.
DON'T MISS THIS SHORT POSITION IN ETH ASAP! - TAHello Guys,
This is Vansh here. So here is a massive resistance at $2190 which was rejected yesterday. The price of eth is trying to hold the support of $2138, But it can break if the resistance of $2190 is respected again. The price is a bit volatile and pumped now with less volume comparative to last week. So, we can expect a pull down in it.
ETH Trade Position - As I stated, The position can be on the resistance level with strict S.L, You can scalp to avoid risk.
Short - Position - $2190
S.L - $2210
T.P 1 - $2138
T.P 2 - $2047
and Then, you can move your S.L according to your risk management.
Hope, You like it. Thanks