ETHUSDT short?We're close to two major resistance. Will have to wait for ETH to reject 2 of those trendline one of them is downtrend channel and another is on Daily chart. We will see if it breaks above it and continue. RSI is pretty strong at the moment but starting to curving downward. I'll be risking only about 3.50% of my position size to gain at least 6% on this trade. my prime target would be around 1705 with same SL
Trade ideas
ETHEREUM TRADE IDEAS Hello friends here I am sharing the chart of Ethereum, so here I took the time frame of 4 hour as you can see the three different zone are there mentioned on chart (Resistance Zone, Breakout retest Zone, Demand Zone) So I am explaining my trading ideas for it below
IDEA 1-:
It will reach to breakout retest zone and will give a bounce from there to the resistance zone.
IDEA 2-:
If it will break support ( Breakout retest zone) and will got to next support mentioned as support 2 on chart and can go up for above levels after bounce.
-:Levels Price Are Mentioned Below
-:Breakout Retest & Support Zone ( Price 1916)
-:Resistance zone If Bounce From Support ( Price 2070)
-:Support 2 Zone ( Price 1833)
Ethereum/USD Uptrend movement potential with RISK:REWARD 2.46Ethereum/USD Uptrend movement potential with RISK:REWARD 2.46
Symbol Ethereum/US dollar
Time frame :4 hours
Analysis :There is a break out from the symmetrical Triangle and the price is rallying on the up side .So, We will check the condition for Uptrend movement .Moving average ,MACD and PIVOT point condition is checked for uptrend movement. BUy call above 2025 which stop loss 1856 and we can expect a target of 2433.
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
#Ethereum/USD downtrend movement potential with risk:reward 1.9#Ethereum/USD downtrend movement potential with risk:reward 1.9
Symbol :Ethereum / US dollar
Time frame :30 minutes
Analysis : Breakout from the support line and rallying on a down side.
Moving average 20 is below Moving average 40 and Macd is below zero.So, we can expect a down trend movement with risk:reward =1.9
Its a SELL call . SELL at 1825 with Stop-loss 1880 and the Target 1718 .
HOPE our analysis is adding value to your trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
Ethereum possible Elliot wave counts Here we have shared possible Elliot wave counts of ETHUSD (for educational purpose only) which are suggesting correction for very short term and this correction can be used as good opportunity to go long for further trend which is expected post this correction, the invalidation level of further up move can be low of previous wave 1 which is pegged at 1071.50, if it breaks below this level then we can assume that our counting is missing something and we may invalidate this structure, Overall we are unfolding some impulse in which we had completed wave (1) and now possibly we are heading to unfold wave (2) and then, post correction we can start wave (3). wave (2) can unfold in three subdivisions like ABC and ABC can unfold in 5-3-5 structure or 3-3-5 structure. Lets see what happens next.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Overall wave structure is shared below
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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.






















