ETHBTC.P trade ideas
ETHBTC elliot wave count ABCDE triangle completeETHBTC ready to sky rocket as ew triangle count ABCDE completed...
Buying 0.32-0.322
Targets would be 0.041-0.46-0.052
Invalid count area below 0.31
If BTC doesnt ruin the setup then ETH will be top performer soon
ETHBTC Latest Technical Analysis short termWe are doing Analysis of ETHBTC on 6 hours Timeframe .
With the Help of trend line , I have made trend line
Support and Resistance Levels
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
ETHBTC Bounce ?Will it bounce ? I will be buying because its seems good r/r play
T1 684
T2 869
SL 0.49
ETHBTC Short tradeBear flag in sight.
target would be around 0.063-0.064
stops should be above 0.072
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
Ethereum looking Bearish ETHBTC Strong Resistance at 0.5 Fib level.
Very Strong point because of Fib level and Ichimoku cloud Resistance at 0.07800.
Place Stop above Fib level 0.618.
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Jai Bhawani.
Ether pump time?Conditions looks set for an Ethereum take off. Low Stochastic RSI (21), negative divergence on lows and highs in the MACD indicating, and the Aroon heading towards the up portion of its oscillation. Touches of the upper trend line signify the pair is ready for a breakout. But as we know, in this hyper-volatile cryptocurrency market, one can never be too sure of anything.
Weird Extra Left and Right shoulders for inverse H&S in $ETHBTCSee the chart. Are we breaking out of inverse H&S?
Seems odd.
ETH will not hold with bullish BTC in upcoming monthsIf you have ETH wait for the next pump towards 0.09 or 0.089 and sell it off to BTC. It will go down from here.
ETH USD value may be bullish but ETH BTC will be bearish. If you want more profit, switch your holdings to BTC from now.
Look at my other BTC idea for positive elliot wave of BTC.
Ethereum following similar bullish patternIn the last correction, we could see high ADI and Ether trading flat before it broke out past the .1 BTC level. It is following a similar pattern as of now. My estimation is that it will be breaking past top resistance and trading flat around $1400-1500 before booming even further. Long term horizon, mid Feb - $2200.
ETH on the Verge of A PumpETH on a verge of a major upwards break. RSI is oversold, and a slow accumulation at prices 1525-1555. Also noting, a major dump upcoming for BTC, a majority of that liquidity could be expected to move into ETH.
