ETHDOWNUSDT trade ideas
FIB Levels with Entry & TargetsEntry 1946
SL 2500
Target 1 : 1737
Target 2 : 1550 - Accumulate for long
Target 3 : 1455 - Accumulate for long
Ethereum Going on Buying ZoneEthereum Going on Buying Zone because Moving Evrage are bullish
Buy on $2200
Sell on $2400
ETHUSDT analysis in 4H time frame After bouncing from it's major resistance near $1700, Ethereum now moves upwards till $2300, forming a rising wedge pattern. If it moves within the pattern we can expect a good move till $2500.
Long ETH/USDT @4HR Forming a Ascending triangle.ETH/USDT @4hr
Formed a ascending triangle and also broke the resistance channel at top ...
Results a long opportunity above.
Confirmation:-
*Only If 4hr candle closes above 200Ema.
Entry - 2290$ to 3310$
Profit - 2350$, 2400$, 2450$, 2500$, 2600$.
Stop loss- 2275$.
#MMO
ETH/USDT @4hr
Formed a ascending triangle and also broke the resistance channel at top ...
Results a long opportunity above.
Confirmation:-
*Only If 4hr candle closes above 200Ema.
Entry - 2290$ to 3310$
Profit - 2350$, 2400$, 2450$, 2500$, 2600$.
Stop loss- 2275$.
ETH/USDT @4hr
Formed a ascending triangle and also broke the resistance channel at top ...
Results a long opportunity above.
Confirmation:-
*Only If 4hr candle closes above 200Ema.
Entry - 2290$ to 3310$
Profit - 2350$, 2400$, 2450$, 2500$, 2600$.
Stop loss- 2280$
[Crypto] ETHUSDT Price Action Overview Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
💡Don't miss the great buy opportunity in ETHUSD @ethereum
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1900).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 58.
Take Profits:
TP1= @ 2136
TP2= @ 2283
TP3= @ 2460
TP4= @ 2637
TP5= @ 2894
SL= Break below S2
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ETHUSDT analysis in 1H time frame After breaking it's major support near 2100 ethereum is now consolidating between 2000 as its new resistance and 1700 as its support almost the range of $300
💡Don't miss the great buy opportunity in ETHUSD @ethereum Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1916.5).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 1981.5
TP2= @ 2043.0
TP3= @ 2136.0
TP4= @ 2276.2
TP5= @ 2450.5
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 / Crypto 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 ❤️
