FIB Levels Included. Do not miss!!!Good Accumulation can be expected at around 1550 levels..
SL and targets included..
All the best!!!
ETHHEDGEUSD trade ideas
Possible Opportunity - Cup and Handle on 30mGood morning Traders! Hope all are having a great weekend so far. Looks like ETH could be in the process of forming a CUP AND HANDLE pattern on the 30min timeframe. If this pattern holds true to the C&H, we can see ETH push to the first TP, small corrections and then a push to ~2250. This would complete the RIGHT SHOULDER for the possible HEAD AND SHOULDERS taking shape on the higher timeframes. RSI is showing room overhead. Would love to hear your thoughts!
TP1 - 2190
TP2 - 2250
Information provided here is not intended as financial advise. Please, dyor.
ETHERAM IS READY TO TOUCH 2500$Great buy opportunity in Ethereum,in 30Minuts time Frame Ethereum is below 50/200/800 EMA as you can see ,but Ethereum has already completed Level -3 drops as show by green line and made Low near 2016$..Guy you can see in graph big W formation in progress shown by black line. From Here you can expect Ethereum 2500$. So you can long it ,any breaks down of 2000$ price ,Ethereum price pull down below 1800$
ETHEREUM BREAKOUT BUYTRADING SUGGESTION:
Now we looking to the market got breakout to resistance zone ,so take a buy trade GOOD LUCK
Take profit on-1598,1648
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TAKE A TRADE, SIT BACK AND RELAX
LIKE AND SHARE
ETHEREUM GO UP BUY Now we looking to the market got breakout on trend line,so take a buy trade,GOOD LUCK
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TAKE A TRADE, SIT BACK AND RELAX
LIKE AND SHARE
ETHUSD GO UP BUYNow we looking to the market got pullback to push the market to up ,so take a buy trade,GOOD LUCK
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.’TAKE A TRADE, SIT BACK AND RELAX
LIKE AND SHARE
200 (DAILY) SIMPLE MOVING AVERAGEThe 200-day simple moving average (SMA) is considered a key indicator by traders and market analysts for determining overall long-term market trends. The indicator appears as a line on a chart and meanders higher and lower along with the longer-term price moves in the stock, commodity, or whatever instrument that is being charted. The 200-day SMA seems, at times, to serve as an uncanny support level when price is above the moving average or a resistance level when price is below it.
As a very long-term moving average, the 200-day SMA is often used in conjunction with other, shorter-term moving averages to show not only the market trend but also to assess the strength of the trend as indicated by the separation between moving average lines. For example, comparing the 50-day SMA and 200-day is relatively common.
When moving average lines converge, this sometimes indicates a lack of definitive market momentum, whereas the increasing separation between shorter-term moving averages and longer-term moving averages typically indicates increasing trend strength and market momentum
It is possible that there is also something of a self-fulfilling prophecy aspect to the 200-day SMA; markets react strongly in relation to it partially just because so many traders and analysts attach so much importance to the indicator.
It is acting as Dynamic Support currently.
Ethereum - Demand ZoneAfter plenty of destruction in crypto ETH now reaches a critical support zone.
Watch to see what it does around 1985/1950.
IF it breaks below 1900 there is going to be a whole world of pain in the crypto space.
If it bounces for now could get a short term bounce.
It has broken the long term channel already, needs to reclaim the same and only then can there be any bullishness in the space.
ETHUSD SELLETHEREUM/USD continues its bearish trend creating lower lows and lower highs and it may not start an uptrend as long as a news comes out such as Tesla accepting bitcoins or other cryptos. BTCUSD and ETHUSD continue to move in the same way therefore if the price of BTCUSD increases, the price of ETHUSD will increase too.
The candle seems to close below the support level with huge momentum/volume which may mean that sellers may take impulse entries till 2000ish as it is a psychological level before a retest to its support forming lower high before continuing down till the next 4 hour key level i.e. 1930.
ETHUSD Critical time ETH USD
Need to survive above the trend lines
and move higher along with RSI oversold as it happens
in near term.
Violent trend line breakdown with volume could
lead to crash.
It do or die for ETH USD.
Consolidation must happen on or around the Trend line along
with oversold if it happens.
ETH Head & Shoulder Pattern TA target $2059.65Eth is forming a Head and Shoulder pattern and it breakout already.
Testing the Horizontal green line was the confirmation, the technical target is $2059.65 but there is falling support line according to that I thing target is around $2155.46.
I show a Bearish Divergence ( Between Blue Vertical line).
Comment down your opinion about this pattern.
Intraday Buy!XABCD pattern is valid above B point, risky traders can buy at CMP or wait for it to cross B and first target is 0.886 level i.e. 2520
pennent waiting for break out and retest.once break out and retest happens you can expect a 60 pip move.
Possibility of visiting last trend lineThere is a possibilty of ethereum visiting last ATH.
consolidation above support = bearish
