RISING WEDGE BREAK BELOW 2700 ZONE CAN TEST BACK 2000 LVL WATCH OUT CAREFULLY ......
BUy ETH at CMP, RR is almost 1:2 with SL at 2670 and final target around 3000
ETH USD resistance at 3004. Support is at 2019. Demand zone is 1542-1264. Whenever demand zone is tested could be opportunity for accumulation. RSI still not hit the oversold zone. Best decision making time is in Oversold and Overbought zone. Depending on the time frame of the chart and depending on the perspective/vision of the trader, the oversold and...
stops and target in chart low volume push towards resistance. Btc also at resistance
Hammers have a small real body and a long lower shadow. Hammers occur after a price decline. The hammer candlestick shows sellers came into the market during the period but by the close the selling had been absorbed and buyers had pushed the price back to near the open. The close can be above or below the open, although the close should be near the open in...
If ethereum sustains above 2550 it can easily generate targets of up to 3200 but it has to establish good support at 2550, This could be just another blip for crypto currencies or it might even be a certain end for private cryptos so be cautious of the risks associated with positions in crypto. DISC:- For educational purposes only.
ETHUSD is looking for great buying opportunity after having 60% correction & has the high chance to make some heavy chunks of profit for the next coming month. & formed descending channel on 4h & has reached at the bottom for the continuation to the upside!
Buy ETHUSD at the breakout of 2500, SL at 2150 (slightly below "C" point and final target around 3150 (1.618 level of fibonacci) with RR ration almost 1:2)
As we can see, ETHUSD has been falling since May 12. On May 12, the price reached a high of $ 4350. Now the price has dropped by almost 50%. The price bounced off the $ 2,160 support level and went up, but failed to break the $ 3,000 resistance level. On May 19 and May 21, the price tried to break through the support level and there were false breakouts, but the...
Ethereum Fell to lower Support right after the News with China banning all Cryptocurrency. This has happened previously in 2013, 2017 Its not the first time China has done this. This is what they do to manipulate the Price. We can expect Consolidation within the area of the blue box before price Rise back up.
Elon Musk's tweet on bitcoin had hitted crypto market badly, Ether(Crypto currency of Ethereum) had been falling from past few days, and currently ether is at one of its strong support. But we know that Ethereum is much better than bitcoin because it is not only used for transactions but it is a complete platform for development of decentralised applications, and...
Ethereum hitt approx all targets but now looking slightly bearish with head& shoulders pattern, if we loose supports then maybe hit lower targets..!!