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💡 Don't miss the great buy opportunity in Ethereum/TetherUSTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1667.0). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ethereum/TetherUS 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 55. Take Profits: TP1= @ 1776.5 TP2= @ 1842.0 TP3= @ 1911.0 TP4= @ 2005.0 TP5= @ 2128.5 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
💡 Don't miss the great buy opportunity in Ethereum/TetherUSTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1120.0). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ethereum/TetherUS 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 60. Take Profits: TP1= @ 1350.0 TP2= @ 1450.0 TP3= @ 1575.0 TP4= @ 1705.0 TP5= @ 1880.0 TP6= @ 2100.0 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
6
Bitcoin Is Going Higher Not Lower... Warning! (Back Above $40k!)Remember that all the corrections have been very small for Bitcoin and with massive fiat printing in stores for us soon, its price is very likely to move even higher. We can say we have some mixed signals here since prices stopped growing after reaching resistance, but so far we haven't seen any follow up to the drop that took place on 10/11-Jan. Now that I looked at the Ethereum (ETHUSD) chart and see it fully bullish, this is the same scenario that I am expecting for Bitcoin since they've been moving together for long. Maybe a little more consolidation and we are followed with Bitcoin hitting a new ATH after $42,000+. You can visit my profile to find the ETHUSD chart. Remember to hit LIKE! Thanks a lot for your support. Namaste.
BITSTAMP:BTCUSDLong
by AlanSantana
1
Ethereum Moving Below Support, Incoming Drop! (Altcoins Update) Another one of the big buys, Ethereum (ETHUSD), is also aiming lower... What do you think will happen when big money flows out of Bitcoin, Ripple, and Ethereum? Where is this money going? The smaller altcoins of course... We are talking about thousands and thousands of altcoins. --- Back to Ethereum... We can see prices moving below EMA10 and the exact same signals we saw on the Bitcoin (BTCUSD) chart. We have the indicators, MACD and RSI, trending lower as well as bearish divergence with both. We also have a bearish cross on the MACD and the bear volume being clearly stronger than bull volume since the beginning of the month. This is no big deal... This is not a problem... Prices go down, just as they go up. You always get a retrace after a strong bullish move. Conditions for change We would need to see Ethereum (ETHUSD) move above the last high and staying there for the bearish bias that is developing now to be canceled out. For now, we are aiming for lower prices. Thanks a lot for reading. Namaste.
BITSTAMP:ETHUSDShort
by AlanSantana
Bitcoin Retraces or Going A Bit Higher First?Hello my fellow cryptocurrency trader, how are you feeling today? I've been saying lately that Bitcoin has been tough on TA. What's this means is that some of the signals that are usually very accurate tend to be ignored. A peak/top is something that sometimes isn't 100% clear right away. We can see Bitcoin reaching a peak and falling strong the next day... This can give a clear signal of the bears entering the market and prices starting to drop, but when you see a new peak being hit but nothing happens next, you get the mixed signals situation I explained on the ETHUSD chart (click here to read it ). Regardless, I can still read this chart for you. We looked at Bitcoin (BTCUSD) on the monthly timeframe... (you can read it here ) A new potential All-Time High but also the possibilities of seeing prices drop in the first half of the month before any additional growth. Now we are looking at the daily timeframe, we have multiple bearish signals starting to develop which can warn us of an upcoming drop. We have a bearish divergence on the MACD And RSI. This bearish divergence started showing around late Nov. When we look at the MACD, the MACD line is below the signal line while trending lower with a red histogram. And also the RSI, even though strong, it is starting to trend lower. We also had a strong bearish candle on Nov. 26. These are some of the early bearish signals. In favor of the bulls (green) We have prices trading above EMA10. Low volume, bears still showing no strength. A very strong and clear uptrend. Price action If Bitcoin breaks below EMA10 ($18717) daily we will easily see ~$16000 being hit next... But if instead, no bears show up, we will have another jump before the next correction takes place. Here we are looking at both scenarios... The bear's (red) perspective is very likely but the bulls (green) are still on top. Let me know in the comments section which altcoins you would like for me to chart/read/share next... Thanks a lot for your continued support. Namaste.
BITSTAMP:BTCUSD
by AlanSantana
4