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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
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
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
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
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
Helium Price Prediction: Can HNT Resume Its Bullish Journey?Helium Price Prediction: Can HNT Resume Its Bullish Journey? Helium emerged as the fastest-growing DePIN project with massive development on the horizon. Despite the broader market weakness, Helium reported an impressive 110% growth in the last three months. While the broader crypto market has been facing challenges and looking for a firm footing. On the other side, Helium price witnessed a notable 110% growth in the last three months. HNT price reversed its course in mid-July and surged higher recovering the earlier losses and further capitalizing the gains. The recent sessions saw a downturn in the HNT price which has dragged the price below the key 20-day Exponential moving average raising concerns among the investors. HNT price dumped 10.6% a week and was currently stabilizing near the 50-day EMA over the daily chart. However, a bounce back is likely as Helium has emerged as the fastest-growing DePIN project as per an analysis by a Twitter user MilkRoadDaily. It has a market capitalization of $1.15 Billion and ranks 59th in the crypto space. MilkRoadDaily Identifies Helium As Fastest Growing DePIN Project The crypto market is known for huge volatility causing major ups and downs in the token's price. The last couple of months were very challenging for different sectors in the crypto space. However, DepIN sectors outperformed others defying the market challenges. x.com Over the last 30 sessions, the DePIN market cap grew by 22.7% while nearly every other sector faced declines. As per a Twitter user MilkRoadDaily, the DePIN ecosystem is expanding rapidly with more projects jumping in it indicating potential in it. Moreover, Helium which is the dePIN project saw an influx of 756,000 users making it the fastest-growing DePIN project. As of now, the users have transferred over 19.1TB of data using their network. Helium vs Bitcoin vs Ethereum The Helium community has built the world's largest decentralized network- spanning IOT, MOBILE, and ENERGY. As a result, the HNT price has significantly outperformed the market leaders Bitcoin and Ethereum. Source: TradingView Bitcoin sits at a negative growth of nearly 9.79% over the last three months. While Ethereum's price performance was also in negative growth of 33% over the same period. However, Helium has attained an immense growth of 110% in the last three months outperforming both BTC and ETH. Can Helium Keep Up Bullish Pace? The daily chart highlights the formation of a rising parallel channel pattern with HNT prices fluctuating between the upper and lower boundaries of the channel. Currently, residing close to the lower boundary, Helium was trading at 7.19 with a mild intraday loss of 0.99%. Looking at the HNT price, some rejections were observed near the lower boundary indicating a rebound is likely from the lower levels. The key 50-day EMA may act as a dynamic support and the price may take a rebound. Alos, a breakdown below the lower boundary of the channel may invalidate any bullish scenario in the short term and the price may head back to test 200 day EMA. On the higher side, the price has a potential of nearly 20% till the higher boundary of the channel if the price bounces back from lower levels. The technical indicators' Moving average convergence divergence (MACD) suggests a bullish outlook with a trend continuation in the short term.
CRYPTO:HNTUSDLong
by Ritika_TCR
Is IMX Price Ready To Surge For $5 Mark ?Immutable is one of the first layer 2 scaling solutions for NFT on Ethereum. Their blockchain takes away the limitations of Ethereum like low scalability, user scalability, liquidity and poor developer experience. They provide their users with instant trading, zero gas fees for trading and minting NFT without comprising the asset. Immutable has also provided integrated credit card payments which has greatly attracted the gamers. Meanwhile,one can build a carbon neutral NFT with Immutable Mint and their orderbook can instantly propagate any NFT to every market place in their network. The platform has Ethereum grade security with simple API and SDK which makes it one of the best layer 2 platforms present in the market.
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
💡Don't miss the great buy opportunity in ETHBTC Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.030290). . 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 46. Take Profits: TP1= @ 0.032540 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
2
💡Don't miss the great buy opportunity in ETHUSDT💡Don't miss the great buy opportunity in ETHUSDT Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (367.00). . 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 70. Take Profits: TP1= @ 383.50 TP2= @ 394.10 TP3= @ 408.80 TP4= @ 444.50 TP5= @ 489.00 SL= Break below S3 ❤️ 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
7
Don't miss the great buy opportunity in ETHUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (229.34). 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= @ 229.34 TP2= @ 222.85 TP3= @ 211.61 TP4= @ 201.56 TP5= @ 193.39 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 ❤️
BITSTAMP:ETHUSDLong
by ForecastCity_EU
6
Don't miss the great buy opportunity in ETHUSD Trading suggestion: . There is a possibility of temporary retracement to suggested support line (231.07). 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 41. Take Profits: TP1= @ 245.17 TP2= @ 253.39 TP3= @ 263.63 TP4= @ 275.41 TP5= @ 286.72 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 ❤️
BITSTAMP:ETHUSDLong
by ForecastCity_EU
11
Don't miss the great buy opportunity in ETHBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.023). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Etheremun/Bitcoin 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 86. Take Profits: TP1= @ 0.0249 TP2= @ 0.0280 TP3= @ 0.0347 SL= Break below S2
Long
by ForecastCity_EU
4
latest prices of 10 cryptocurrenciesBitcoin sell-off continued on May 24 after a tumultuous week for cryptocurrencies that were hurt in part by China’s crackdown on mining and trading as part of efforts to prevent speculative and financial risks. At the time of writing this article, bitcoin, the world's biggest and best-known cryptocurrency, has slipped to $31,179 in the last 24 hours. The 24 -hour high remained at $37,733. The digital currency had touched an all-time high of $64,829 on April 14. On May 16, 2021, the global cryptocurrency market had a market capitalization of around $2.2 trillion. On May 23 , after seven days, it stands at around $1 trillion. The market is in red, with all major cryptocurrencies trading at levels lower than their earlier prices. As of 8.40 am on May 24, these are the prices of the 10 largest cryptocurrencies (data from coinmarketcap.com): > Bitcoin: $35,602 > Ethereum: $2,184.76 > Tether: $1 > Binance Coin: $274.62 > Cardano: $1.38 > Dogecoin: $0.3065 > XRP: $0.8023 >Polkadot: $18.53 >Internet Computer: $144.10 >Bitcoin Cash: $575.31
BSE:M_MFIN
by stalin429
1
💡ETHUSDT Second Chance: Profit=40% SL=7.5% Reward/Risk > 5.3:1Second Chance Trade Setup summary: Profit targets=40% = {TP3= 4% + TP4= 12% + TP5= 24%} Stop Loss =7.5% Reward/Risk > 5.3:1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (394.10) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits: TP4= @ 444.50 TP5= @ 489.00 SL= Break below 383.50 -------------------------------------------------------------------------------------------------- Current Status of First Buy: Total Profit: 50% Closed trade(s): 22% Profit Open trade(s): 28% Profit Trade Setup: We opened 5 BUY trade(s) @ 367.00 based on 'previous Forecast' at 10.20.2020 : Closed Profit: TP1 @ 383.50 touched at 10.21.2020 with 4% Profit. TP2 @ 394.10 touched at 10.21.2020 with 7% Profit. TP3 @ 408.80 touched at 10.22.2020 with 11% Profit. 4% + 7% + 11% = 22% Open Profit: Open trade is 418.00(current price) - 367.00(open price) = 14% 2 trade(s) still open, therefore total profit for open trade(s) is 14% x 2 = 28% Technical analysis: . ETHUSDT is in an 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 76. ❤️ 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
There is a possibility for the beginning of an uptrend in ETHUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (217.11). 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 68. Take Profits: TP1= @ 247.07 TP2= @ 286.99 TP3= @ 362.78 SL= Break below S2
COINBASE:ETHUSDLong
by ForecastCity_EU
9