ETHBULLUSD trade ideas
Ethereum (ETH) Weekly | $3440 & $4000+ If $2500 Breaks...The weekly chart for our beloved Ethereum (ETHUSD), the #1 altcoin, is really looking good...
Meaning, there is lots of potential/room still left available for growth.
Hit LIKE to read the chart!
The first thing to notice here is that the EMA10 green line has never been 'breached' since April 2020.
Trading above EMA10 = BULLISH.
Here we have the proof.
Now, this week we have a green candle that is challenging resistance.
We know that the longer a resistance level is challenged the weaker it becomes.
When prices are high and set to drop they tend to do so suddenly and strong, yet we are still above EMA10 which is super bullish... That's all my friends.
There are more signals coming from this chart but basically, this is it, simple is best.
If ETHUSD can break and close above $2550 on the weekly timeframe, we can expect higher prices to $3400+ and even $4000+.
Conditions for change
A correction can happen/take place when prices move and close below EMA10, now sitting at $1953.
Thanks a lot for reading.
Feel free to leave a comment if you have any questions and hit LIKE to share in support.
Namaste.
Ethereum (ETH) Moves Ahead, Back Above EMA10 +Altcoins UpdateEthereum (ETH) Moves Ahead, Back Above EMA10 +Altcoins Update
Ethereum (ETHUSD) peaked 16-April reaching a new All-Time High, what followed was a sudden but fast correction that took prices all the way down to EMA50 on a wick... Let's see what happens next.
Ethereum Bullish Chart Signals @alanmasters
Yesterday we saw ETHUSD bounce off the EMA21 line to close daily above EMA10 ($2294), this is a bullish signal.
The short-term potential of any altcoin trading pair can be determined depending on where the current active candle is trading compared to the EMA10 indicator.
Above EMA10 we are bullish.
Below EMA10 we are bearish, but this is only short-term.
We also have a very strong RSI above 62 and the MACD on the bullish side as well.
We have an ascending channel/higher highs and higher lows.
The altcoins market, in general, continues to do great, we've seen some short corrections, small retraces, just like Bitcoin did in 2020.
After these small corrections and retraces, we continue growing more and more.
This is expected to continue for the entire year of 2021 and beyond.
What's your take?
Both Bitcoin & The Altcoins Market will continue blessing us with tons of opportunities.
It is a great time to be trading altcoins now.
Remember that patience is key.
Thanks a lot for your continued support.
Namaste.
ETH wedge pattern. ETH might be breaking outEthereum has been seeing roughly constant highs and higher lows forming a wedge pattern.
ETH seems to be breaking out now as seen in chart. If this is correct, we will see a another higher high in next 3-5 days.
Elliot wave AnalysisEthereum/ USD (BITSTAMP)
Bullish Sequence Completed @ 2197 level
Expecting a further fall in the price BITSTAMP:ETHUSD
Could complete retest of flag if remains weakTrade Ethereum as it could correct upto 1840.Can also be bought once those levels are achieved for targets of 2400 and above
ETH USDETH USD
Daily Chart
Breakout along with FIB Retracement
Earlier occasion breakout with FIB Retracement shown and its impact.
If Breakout now is successful then
expect the Fib-Retracement as shown in the chart
to be tested.
ETHUSDETHUSD
ETH USD
Breakout attempt is being witenssed.
If remains above 2041
then retracement of the last fall.
The depth of the valley will set a rise towards
1.618 level of 2613 in near term to short term
Ethereum/USDEthereum/USD
If sustained breakout above 2042 is witnessed then expect a rally to 2525 in near term to short term.
Support of 1948 must be held if sustained breakout above 2042 is to be witnessed with minor volatility.
ETHUSD breakout imminent. Target $2350ETHUSD is on the brink of a textbook Cup and Handle breakout. Once a breakout is confirmed, the first target would be $2350.
This potential bullish market sentiment for ETH is confirmed by a bullish divergence on the ETHBTC as well.
Trading Signal For EthereumTrading Signal:
A Trading Signal is seen in the Ethereum ETHUSDT
Traders can open their Buy Trades NOW
⬆️Buy now or Buy Limit @ 1825.0
⭕️SL @ 1698.7
🔵TP1 @ 1972.0
🔵TP2 @ 2111.0
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Ethereum looks good if moves above 1690Ethereum moving in a symmetrical triangle pattern and is consolidating near its short term resistance zone. If it starts trading above 1690 it looks good till 1830 level.
long trade on eth after breakout of the current arealong trade on eth after breakout of the current area
you can plan your trade accordingly
Trading Signal For EthereumTrading Signal:
A Trading Signal is seen in Ethereum ETH
Traders can open their Buy Trades NOW
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