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Ethereum

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ETHUSD trade ideas

Play ETHEREUM with moving averages.Ethereum is trading at a crucial support zone and there can be a reversal. Though, on a 60 minute time frame, the moving averages crossover is showing some bearish trend. On a 15 minute time frame, the coin taking support for the zone and strong bullish candle are being formed. Support :- 2945,2850 Resistance :- 3020, 3100 Watch for the candle to close above is 20 ema on 60 minute time frame, as it has been taking resistance from the static level. It can travel upto 200 ema once it gives a strong close above 20 ema. Price action and volume analysis must be used.
FOREXCOM:ETHUSD
by Mambotrade
Ethereum gives a nice breakout of "W" Pattern.Ethereum looks bullish on a higher time frame and has crossed the resistance of 3100 levels. It has closed above the level on daily time frame and is taking resistance form is 20 ema. A nice morning star pattern is there on a daily time frame and trading between the moving averages. On a 4 hour time frame the coin has given a "W" pattern break out with good volumes and has crossed it 20 and 200 ema . Support :- 3100, 3040, 2960 Resistance :- 3198,3320 There is a crucial resistance near 3130-50 i.e. 20 ema on daily and weekly time frame. Wait for the price action and candlestick pattern near the levels.
FOREXCOM:ETHUSD
by Mambotrade
Ethereum trading view for next week 11/04/22Ethereum has streched for contunues week and changing the trend near the support level. Its taking support from the 20 ema on a weekly time frame. The price has tested the support and has given a upmove. On daily time frame too there is a bullish momentum in the price as its taking support from 20 ema and has given a cross over in the moving averages. Ethereum can run either side as its trading between 20 and 200 ema on 4 hour time frame. Support :- 3100, 3020, 2950 Resistance :- 3434. 3675 It has support near its trading price and can reverse form the support. On a short time frame there can be a resistance at 3320. So wait for the price action near the levels before trading the coin.
FOREXCOM:ETHUSD
by Mambotrade
Ethereum gives a nice breakout of "W" Pattern.Ethereum has streched for contunues week and changing the trend near the support level. Its taking support from the 20 ema on a weekly time frame.The price has tested the support and has given a upmove. On daily time frame too there is a bullish momentum in the price as its taking support from 20 ema and has given a cross over in the moving averages. Ethereum can run either side as its trading between 20 and 200 ema on 4 hour time frame. Support :- 3100, 3020, 2950 Resistance :- 3434, 3675 It has support near its trading price and can reverse form the support. On a short time frame there can be a resistance at 3320. So wait for the price action near the levels before trading the coin.
FOREXCOM:ETHUSD
by Mambotrade