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ETHPROS_TPG8CJ.USD trade ideas

Ethereum (ETH) Strong Bearish Signal, Incoming Drop!Ethereum (ETHUSD) is looking bearish now and a strong signal has been printed... Hit LIKE and let's get started! Take a look at the highlighted candled (yellow) on the chart... This red/bearish candle is also high volume and signals that ETHUSD can easily move lower now. We also have another bearish candle developing now with prices moving below EMA10. When a pair moves below EMA10, we switch our potential from bullish to bearish. Bitcoin (BTCUSD) and Ethereum (ETHUSD) tend to move together. We've been bearish on Bitcoin since prices peaked and haven't been able to break the $10,500 resistance. Now, ETHUSD is also looking like a drop. The indicators are also turning bearish. Conditions for change If prices move and close above the last high (marked with a bold magenta dashed line), this whole bearish setup is invalidated and a new analysis is needed. Click below to see a long-term chart for... Thanks a lot for your continued support. Namaste.
BITMEX:ETHUSD.PShort
by MasterAnanda
There is a possibility for the beginning of an uptrend in ETHUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (217.11). 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 uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 68. Take Profits: TP1= @ 247.07 TP2= @ 286.99 TP3= @ 362.78 SL= Break below S2
COINBASE:ETHUSDLong
by ForecastCity_EU
9
Don't miss the great buy opportunity in ETHUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (202.17). 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 uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Take Profits: TP1= @ 224.50 TP2= @ 245.00 TP3= @ 286.80 SL= Break below S2
BITSTAMP:ETHUSDLong
by ForecastCity_EU
4
Don't miss the great buy opportunity in ETHUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (238.70). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ETHUSD is in a Uptrend and the Continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 275.30 TP2= @ 319.45 TP3= @ 362.75 SL= Break below S2
BITSTAMP:ETHUSDLong
by ForecastCity_EU
4
Don't miss the great buy opportunity in EthereumTrading suggestion: . There is a possibility of temporary retracement to suggested support line (147.65). 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 uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 61. Take Profits: TP1= @ 178.75 TP2= @ 200.40 TP3= @ 235.45 SL= Break below S2
BITSTAMP:ETHUSDLong
by ForecastCity_EU
1
Don't miss the great buy opportunity in ETHUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (146.85). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ethereum/US Dollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. Take Profits: TP1= @ 163.30 TP2= @ 191.75 TP3= @ 223.20 SL= Break below S2
BITSTAMP:ETHUSDLong
by ForecastCity_EU
2
ETHUSD $170.00 breakout neededEthereum is struggling to recover above the $150.00 resistance level, following last weeks sudden drop towards the $135.00 support zone. ETHUSD bulls need to rally the cryptocurrency above the $170.00 level to change the short-term bearish outlook. Ethereum continues to have a high correlation to Bitcoin and could trade sideways until BTCUSD bulls return. • If the ETHUSD pair trades above the $150.00 level, key resistance is found at the $158.00 and $170.00 levels. • If the ETHUSD pair trades below the $150.00 level, key support is found at the $143.00 and $135.00 levels.
BITSTAMP:ETHUSD
by OctaFX_Official