1 Day Time Frame ETH/USD Trend Analysis. Currently after hitting 3000 Levels on 20th Feb, ETH has been witnessing some profit booking and some correction. If the correction continues we may see levels of 2700 post which Bulls may again take charge back and try to test the 3000 levels again in ETH/USD
Ethereum/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...
#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...
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...
