ETHHEDGEUSD trade ideas
DON'T MISS THIS SHORT POSITION IN ETH ASAP! - TAHello Guys,
This is Vansh here. So here is a massive resistance at $2190 which was rejected yesterday. The price of eth is trying to hold the support of $2138, But it can break if the resistance of $2190 is respected again. The price is a bit volatile and pumped now with less volume comparative to last week. So, we can expect a pull down in it.
ETH Trade Position - As I stated, The position can be on the resistance level with strict S.L, You can scalp to avoid risk.
Short - Position - $2190
S.L - $2210
T.P 1 - $2138
T.P 2 - $2047
and Then, you can move your S.L according to your risk management.
Hope, You like it. Thanks
💡Don't miss the great buy opportunity in ETHUSD @ethereumMidterm forecast:
While the price is above the support 1705.700, resumption of uptrend is expected.
We make sure when the resistance at 2910.700 breaks.
If the support at 1705.700 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 1719.100 on 07/20/2021, so more gains to resistance(s) 2035.000, 2178.000, 2346.350 and maximum to Major Resistance (2910.700) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 48.
Take Profits:
TP1= @2178.000
TP2= @2346.350
TP3= @2544.450
TP4= @2910.700
TP5= @3500.000
TP6= @4000.000
TP7= @4367.500
TP8= FREE
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ETH/USDMy opinion , we will see price gain after upgrade of EIP-1559 burn protocol *reduce supply-
ETH find R in 2000$
more details look to the chart.
Hammer formation in ETH USD - Bullish signalIn one hour chart and in four hour chart hammer formed, which is a bullish confirmation. It is also formed in the support zone
ETH - Long 1. Trendline support respected , View invalidate if support line is broken
2. Current in the larger wave 3 and is in the strong support zone.
#ETHUSDHere is ethereum analaysis. I belive it may test $1700 mark again and then show a big bullish movement. There is a formation of descending triangle pattern in formation.
#ETHUSD .... Broader market trend analysis .. #buythedipAre you buying ETH dip today??
Do you even think it is a dip or according to you ETH is going to zero soon?
Whatever your perspective is let me know in the comments #buythedip #ethusd
Thinking ETH is going LONGHey traders, I'm bullish on Ethereum. My prediction is heading to 3k. According to this chart pattern, once we finalize the correction back to 3k, we will probably then see the drop back below 1k. Thinking the 700 area looks supportive. What are your thoughts?
Not trading advice. Please dyor.
ETHUSD Coinbase - Looking for EntryEtherum has had a great long term run since April of last year. The overall trend of the coin is still ok. I look to make sure the price is still above the 200 day EMA which it is right at that point. I am looking for entry here, though the Supertrend still has not given a good indicator to re-enter. As long as the price stays above the EMA once Supertrend goes green I will probably make the entry. But like most coins right now there is a chance the trend will continue and entry will have to wait.
Their is no set pattern over the last year showing how ETH acts. The last time it dipped to a downtrend it was for a few months but before then it lasted almost a half a year before it recovered in April 2020. We are at another consolidation period as the trading has gone horizontal with low volume and in a slump like COINBASE:BTCUSD . Both coins are in a strange holding pattern waiting for the next breakout.
If COINBASE:BTCUSD breaks out like I hope as I believe it will after a two month slump, I think COINBASE:ETHUSD will see some momentum and start to trend up, though we will know more within the next few days. I am holding off entering until we know where the trend is taking us.
#ETHUSDGoing short on ethusd as there is the formation of bearish flag pattern and even there is strong resistance at 2150 level. From a longer perspective, I see a great fall from the retail side, but if we see from an institution view there would be a reversal for a short time period to show a reversal but again there would be a trend continuation.
FIB Levels Included. Do not miss!!!Good Accumulation can be expected at around 1550 levels..
SL and targets included..
All the best!!!
