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💡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 ❤️ 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
2
A second Chance to Buy in ETCETH ...Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend. Technical analysis: . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . . Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. . Relative strength index (RSI) is 33. New trading suggestion: *The price is in a range bound and we forecast the uptrend would resume. *There is still a possibility of temporary retracement to suggested support line (0.040). if so, traders can set orders based on Price Action and expect to reach short-term targets. * If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.040). Entry signal: Signal to enter the market occurs when the price comes to "Support line" 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 special version of our "Price Action" strategy FOLLOW our lessons: New Take Profits: TP1= @ 0.0474 TP2= @ 0.0506 TP3= @ 0.0530 TP4= @ 0.0635 TP5= @ 0.0888 TP6= @ 0.1093 TP7= @ 0.1298 TP8= @ 0.1962 TP9= @ 0.4570 TP10= Free Trade Setup: We opened 10 BUY trade(s) @ 0.03178736 based on ' Bullish Engulfing' entry method at 05.06.2018. Total Profit: 67666553 pip Closed trade(s): 2063792 pip Profit Open trade(s): 65602761 pip Profit Closed Profit: TP1 @ 0.0336 touched at 06.21.2018 with 181264 Profit. TP2 @ 0.0384 touched at 07.06.2018 with 661264 Profit. TP3 @ 0.0440 touched at 08.06.2018 with 1221264 Profit. 181264 + 661264 + 1221264 = 2063792 Open Profit: Profit for one trade is 0.041159183 (current price) - 0.03178736 (open price) = 9371823 7 trade(s) still open, therefore total profit for open trade(s) is 9371823 x 7 = 65602761 All SLs moved to Break-even point.
Long
by ForecastCity
💡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 ❤️ 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
6
ETHUSD Update: Profit=22850 SL=7050 Reward/Risk > 3.2:1 Trade Setup summary: Profit targets=22850 pip (3270 + 6970 + 12610) Stop Loss =7050 pip Reward/Risk > 3.2: 1 Current Status: Total Profit: 42250 pip Closed trade(s): 13150 pip Profit Open trade(s): 29100 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 339.00 based on 'previous Forecast' at 2020.08.02 : Closed Profit: TP1 @ 393.00 touched at 2020.08.03 with 5400 pip Profit. TP2 @ 416.50 touched at 2020.08.13 with 7750 pip Profit. 5400 + 7750 = 13150 Open Profit: Profit for one trade is 436.00(current price) - 339.00(open price) = 9700 pip 3 trade(s) still open, therefore total profit for open trade(s) is 9700 x 3 = 29100 pip 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 70. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (416.50) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP3= @ 449.20 TP4= @ 486.20 TP5= @ 542.60 SL= Break below 393.00 ❤️ 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 ❤️
BITSTAMP:ETHUSDLong
by ForecastCity_ME
10
ETHBTC Update: Profit=64800 SL=10200 Reward/Risk > 6.3:1 Trade Setup summary: Profit targets=64800 pip (2000 + 3900 + 6300 + 12300 + 17100 +23200) Stop Loss =10200 pip Reward/Risk > 6.3: 1 Current Status: Total Profit: 27850 pip Closed trade(s): 27850 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 0.025330 based on 'previous Forecast' at 2020.07.16 : Closed Profit: TP1 @ 0.02650 touched at 2020.07.22 with 1170 pip Profit. TP2 @ 0.02850 touched at 2020.07.23 with 3170 pip Profit. TP3 @ 0.03060 touched at 2020.07.25 with 5270 pip Profit. TP4 @ 0.03360 touched at 2020.08.02 with 8270 pip Profit. TP5 @ 0.03530 touched at 2020.08.14 with 9970 pip Profit. 1170 + 3170 + 5270 + 8270 + 9970 = 27850 Technical analysis: . ETHBTC 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 73. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (0.03530) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP5= @ 0.0373 TP1= @ 0.0392 (New) TP2= @ 0.0416 (New) TP3= @ 0.0476 (New) TP4= @ 0.0524 (New) TP5= @ 0.0585 (New) SL= Break below 0.0336 ❤️ 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 ❤️
Long
by ForecastCity_ME
8
Don't miss the great buy opportunity in ETHBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.03307). 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 50. Take Profits: TP1= @ 0.0336 TP2= @ 0.0339 TP3= @ 0.0344 TP4= @ 0.0352 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 ❤️
Long
by ForecastCity_ME
5
ETHUSD Update: Profit=32250 SL=11600 Reward/Risk > 2.8:1 Trade Setup summary: Profit targets=32250 pip (2350 + 5620 + 9320 + 14960) Stop Loss =11600 pip Reward/Risk > 2.8 : 1 Current Status: Total Profit: 29400 pip Closed trade(s): 5400 pip Profit Open trade(s): 24000 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 339.00 based on 'previous Forecast' at 2020.08.02 : Closed Profit: TP1 @ 393.00 touched at 2020.08.03 with 5400 pip Profit. Open Profit: Profit for one trade is 399.00(current price) - 339.00(open price) = 6000 pip 4 trade(s) still open, therefore total profit for open trade(s) is 6000 x 4 = 24000 pip 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 61. New Trading suggestion: . There is still a possibility of temporary retracement to suggested Uptrend and price reject from uptrend. if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP2= @ 416.50 TP3= @ 449.20 TP4= @ 486.20 TP5= @ 542.60 SL: Break Below Uptrend ❤️ 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 ❤️
BITSTAMP:ETHUSDLong
by ForecastCity_ME
10
ETHBTC Update: Profit=29850 SL=4500 Reward/Risk > 6.9:1 Trade Setup summary: Profit targets=31000 pip (1400 + 3400 + 5500 + 8500 + 12200) Stop Loss =4500 pip Reward/Risk > 6.9 : 1 Current Status: Total Profit: 14750 pip Closed trade(s): 4340 pip Profit Open trade(s): 10410 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 0.025330 based on 'previous Forecast' at 2020.07.16 : Closed Profit: TP1 @ 0.0265 touched at 2020.07.22 with 1170 pip Profit. TP2 @ 0.0285 touched at 2020.07.23 with 3170 pip Profit. 1170 + 3170 = 4340 Open Profit: Profit for one trade is 0.028800(current price) - 0.025330(open price) = 3470 pip 3 trade(s) still open, therefore total profit for open trade(s) is 2670 x 3 = 10410 pip Break Even 0.025330 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 76. Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (0.0265) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP2= @ 0.0285 TP3= @ 0.0306 TP4= @ 0.0336 TP5= @ 0.0373 ❤️ 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 ❤️
Long
by ForecastCity_ME
10
ETHBTC Update: Profit=16000 SL=1800 Reward/Risk> 8.8:1 Trade Setup summary: Profit targets=16000 pip (2100 + 5100 + 8800) Stop Loss =1800 pip Reward/Risk > 8.8 : 1 Current Status: Total Profit: 20670 pip Closed trade(s): 9610 pip Profit Open trade(s): 11060 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 0.025330 based on 'previous Forecast' at 2020.07.16 : Closed Profit: TP1 @ 0.02650 touched at 2020.07.22 with 1170 pip Profit. TP2 @ 0.02850 touched at 2020.07.23 with 3170 pip Profit. TP3 @ 0.03060 touched at 2020.07.25 with 5270 pip Profit. 1170 + 3170 + 5270 = 9610 Open Profit: Profit for one trade is 0.03086 (current price) - 0.02533 (open price) = 5530 pip 2 trade(s) still open, therefore total profit for open trade(s) is 5530 x 2 = 11060 pip 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 71. Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (0.0285) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP3= @ 0.0306 TP4= @ 0.0336 TP5= @ 0.0373 SL= Break below 0.02790 ❤️ 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 ❤️
Long
by ForecastCity_ME
10
ETHUSD Update: Profit=46750 SL=15500 Reward/Risk > 3:1 Trade Setup summary: Profit targets=46750 pip (2900 + 5250 + 8520 + 12220 + 17860) Stop Loss =15500 pip Reward/Risk > 3 : 1 Current Status: Total Profit: 13929 pip Closed trade(s): 13929 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 229.34 based on 'previous Forecast' at 2020.07.06 : Closed Profit: TP1 @ 237.34 touched at 2020.07.20 with 800 pip Profit. TP2 @ 244.77 touched at 2020.07.21 with 1543 pip Profit. TP3 @ 244.77 touched at 2020.07.22 with 2405 pip Profit. TP4 @ 263.70 touched at 2020.07.22 with 3436 pip Profit. TP5 @ 286.79 touched at 2020.07.24 with 5745 pip Profit. 800 + 1543 + 2405 + 3436 + 5745 = 13929 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 83. New Trading suggestion: . There is still a possibility of temporary retracement to suggested uptrend. if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP1= @ 393.00 TP2= @ 416.50 TP3= @ 449.20 TP4= @ 486.20 TP5= @ 542.60 SL= Break below 333.00 ❤️ 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 ❤️
BITSTAMP:ETHUSDLong
by ForecastCity_ME
11
A trading opportunity to buy in ETHUSDMidterm forecast: While the price is above the support 162.650, beginning of uptrend is expected. We make sure when the resistance at 264.800 breaks. If the support at 162.650 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI support #1 at 44 is not broken, the probability of price decrease would be too low. A trough is formed in daily chart at 148.700 on 04/26/2019, so more gains maximum to Major Resistance (264.800) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 74. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (187.50 to 162.65). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (187.50) Ending of entry zone (162.65) 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 the 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= @ 264.800 TP2= @ 309.100 TP3= @ 348.800 TP4= @ 393.550 TP5= @ 475.300 TP6= @ 534.700 TP7= @ 630.500 TP8= @ 822.550 TP9= @ 970.450 TP10= @ 1229.700 TP11= @ 1415.950 TP12= Free
COINBASE:ETHUSDLong
by ForecastCity_EU
There is a Second Chance to Buy in ETHBTC ...New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. * There is still a possibility of temporary retracement to suggested support line (0.07200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 0.07200 is not broken, the Midterm wave will be uptrend. Technical analysis: Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 48. Take Profits: TP1= @ 0.06050 TP2= @ 0.07200 TP3= @ 0.07750 TP4= @ 0.08600 TP5= @ 0.10000 TP6= @ 0.11050 TP7= @ 0.12150 TP8= @ 0.15150 TP9= Free Trade Setup: We opened 9 BUY trade(s) @ 0.05474 based on 'Hammer' entry method at 2018.04.04. Total Profit: 17562 pip Closed trade(s): 4578 pip Profit Open trade(s): 12984 pip Profit Closed Profit: TP1 @ 0.06050 touched at 2018.04.11 with 576 pip Profit. TP2 @ 0.07200 touched at 2018.04.24 with 1726 pip Profit. TP3 @ 0.07750 touched at 2018.05.03 with 2276 pip Profit. 576 + 1726 + 2276 = 4578 pip Open Profit: Profit for one trade is 0.07638(current price) - 0.05474(open price) = 2164 pip 6 trade(s) still open, therefore total profit for open trade(s) is 2164 x 6 = 12984 pip
Long
by ForecastCity
Don't miss the great buy opportunity in ETHUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (147.35). 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 below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. Take Profits: TP1= @ 168.00 TP2= @ 191.75 TP3= @ 224.15 SL= Break below S2
BITSTAMP:ETHUSDLong
by ForecastCity_EU
3
Taiko Crypto Rebounds From the Bottom: Will the Trend Continue?Taiko Crypto Rebounds From the Bottom: Will the Trend Continue? Taiko crypto surged nearly 15% intraday and was hovering close to $2.280 at the time of writing. The transaction volume has witnessed a massive surge indicating an increased demand among the users. Taiko crypto stabilized near the lows and made a strong rebound indicating an improved sentiment. The bullish surge overpowered the prevailing selling pressure and indicated the possibility of an upcoming bullish wave if the price sustains. The TAIKO price surged nearly 15% in Intraday and was trading close to $2.25. Taiko (TAIKO) is an open-source, decentralized ZK-Rollup that mirrors Ethereum's functionality. It was designed to scale Ethereum. Moreover, same as Ethereum, there is no centralized governance. Each and every operation is run by the community only. Furthermore, The sequencing of Taiko's blocks and transactions is managed by Ethereum's block builders. This reliance on Ethereum's infrastructure for transaction ordering disperses control over the sequencer pool, thereby extending Ethereum's robustness and operational security to the Taiko network. Taiko Crypto Volume & Volatility Analysis Taiko crypto has witnessed a notable rise in intraday pointing to a bullish reversal on the daily charts. Moreover, along with an impressive price rise, there has been a significant development in other metrics also. The transaction volume has recorded a massive growth rising over 405% a day. with the recent surge the daily transaction volume has now reached $72.370 per day. The substantial growth in the transaction volume denotes an increase in demand which may further lift the price. Moreover, the volume to market capitalization ratio has reached to 44.74% indicating a high volatility in the crypto. currently it has only 6.6% of the total supply in circulation. Out of a total 1 Billion TAIKO tokens, currently 65.95 Million are in circulation. Can Taiko Crypto Confirm A Bullish Reversal? Taiko price has jumped over 15% today indicating a bullish reversal scenario on the horizon. The price has surpassed the 20 day Exponential moving average adding confirmation to it. On the higher side, if the price manages to surpass the $2.39 level it may indicate a trend shift and the crypto may rise to conquer the All time high of $3.27 and beyond. currently the price lags nearly 29% from its ATH. Moreover, the RSI line at 53.5 has surpassed the mean line suggesting a positive scenario and indicates a trend continuation. whereas the 20 day EMA may now act as a support for the price. What’s Next For Taiko? Taiko crypto has shown signs of a bullish reversal, with an intraday surge of over 15%. The daily transaction volume has soared by 405%, reaching $72,370. It reflects an increased demand that could propel the price further. Currently, only 6.6% of the total supply is in circulation, amounting to 65.95 million out of 1 billion tokens. Moreover, The volume-to-market capitalization ratio stands at 44.74%, indicating high volatility. On the higher side, if the Taiko price breaks through the $2.39 resistance, it could aim for a new all-time high of $3.27. The Relative Strength Index (RSI) at 53.5 suggests a positive trend continuation.
CRYPTO:TAIKOUSDLong
by Ritika_TCR
1
Hedera Crypto Price Rebounds: Swift Recovery or Extended Dip? Amidst the market's overall downturn, Hedera Cryptocurrency is showing signs of a swift comeback from its recent steep decline. At the time of writing, the HBAR crypto was exchanging hands at $0.108 recording an Intraday rise of 2%. The broader market took a hit yesterday dragging lower most of the cryptocurrencies including the major ones like Bitcoin and Ethereum. However, today the market leaders like BTC and ETH traded flat while few altcoins registered early recovery indicating their intention to outperform the market leaders. Hedera Crypto, in particular, noted a 2% intraday gain, hinting at its potential to exceed the performance of Bitcoin and Ethereum, making it an attractive option for investors and traders. To gain a deeper understanding, let's shift our perspective and assess whether Hedera can maintain its upward trajectory or falter by evaluating various sentiment indicators. Social Sentiment On The Rise! Recent data from app.santiment.net shows a significant uptick in social dominance and social volume, indicating heightened engagement among social media users. This surge in activity could be a harbinger of positive momentum for the cryptocurrency's value. Social volume and social dominance metrics gauge shifts in the social community's sentiment, determining whether interest is waxing or waning. Generally, a rise in user engagement correlates with favorable price movements for the cryptocurrency. Technical Indicators Shifting Territory Towards Bullish Side! From a technical analysis standpoint, the Relative Strength Index (RSI) and the 14-day Simple Moving Average (SMA) have both crossed above the pivotal 50 mark, signaling a growing optimism among investors. At the time of writing, the RSI was at 52.08 points, while the 14-day SMA was at 51.26. The occurrence of a bullish crossover between these indicators further reinforces the positive market sentiment. Additionally, the daily chart reveals a robust support zone around the $0.0995 price level, which could propel prices upward if selling pressure mounts. Conversely, the $0.115 price point is poised to serve as the next resistance level. Should this be breached, the focus may shift to retesting recent highs at $0.135 and $0.15. Nonetheless, the trajectory of Hedera (HBAR) will likely be influenced by the overall market's performance; a continued downturn could lead to further challenges for HBAR. Conclusion. The broader markets took a hit yesterday, affecting major coins like Bitcoin and Ethereum. Despite this, Hedera (HBAR) showed resilience with a 2% gain in Intraday, suggesting it may outperform larger cryptos. Moreover, the sentiment data indicates increased social media interest, potentially signaling growth. Furthermore, technical indicators like the RSI and SMA crossing the 50 mark reflect investor confidence. HBAR's support at $0.0995 and resistance at $0.115 are key levels to watch. While HBAR shows promise, its fate is tied to the broader market's recovery or further decline.
CRYPTO:HBARUSDLong
by Ritika_TCR
💡Don't miss the great buy opportunity in ETHBTC Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.026600). . 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 below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 54. Take Profits: TP1= @ 0.027650 TP2= @ 0.028600 TP3= @ 0.029500 TP4= @ 0.030900 TP5= @ 0.032230 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
5
💡Don't miss the great buy opportunity in ETHBTCMidterm forecast: While the price is above the support 0.02450, resumption of uptrend is expected. We make sure when the resistance at 0.03330 breaks. If the support at 0.02450 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is formed in daily chart at 0.03365 on 11/24/2020, so more losses to support(s) 0.02630, 0.02520 and minimum to Major Support (0.02450) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 30. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.02630 to 0.02520). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (0.02630) . Ending of entry zone (0.02520) Take Profits: TP1= @ 0.02845 TP2= @ 0.02965 TP3= @ 0.03185 TP4= @ 0.03330 TP5= @ 0.04045 TP6= @ 0.04850 TP7= @ 0.05695 TP8= @ 0.06955 TP9= @ 0.08550 TP10 = Free ❤️ 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
💡Don't miss the great buy opportunity in ETHBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.030040). . 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 below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 59. Take Profits: TP1= @ 0.032300 TP2= @ 0.033610 TP3= @ 0.035200 TP4= @ 0.037100 TP5= @ 0.040490 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4