Key Support Levels: $410, $400, $380 Key Resistance Levels: $438, $445, $465
Trade Setup summary: Profit targets=22850 pip (3270 + 6970 + 12610) Stop Loss =7050 pip Reward/Risk > 3.2: 1 Current Status: Total Profit: 42250 pip Closed trade(s): 13150 pip Profit Open trade(s): 29100 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 339.00 based on 'previous Forecast' at 2020.08.02 : Closed...
Ethereum (ETHUSD) follows Bitcoin (BTCUSD) which is now in a bearish continuation move (see related ideas). On the 2nd August ETHUSD printed a long lower wick that tested EMA50 as support. After this test, we ended up with a lower high... So EMA100 is likely to be tested next. The target for ETHUSD now sits at $347/$344, which is the 0.618 Fib. retracement...
Trade Setup summary: Profit targets=32250 pip (2350 + 5620 + 9320 + 14960) Stop Loss =11600 pip Reward/Risk > 2.8 : 1 Current Status: Total Profit: 29400 pip Closed trade(s): 5400 pip Profit Open trade(s): 24000 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 339.00 based on 'previous Forecast' at 2020.08.02 : ...
Seems like we are at the Wave 3 acc. to the Elliot Wave Principle. I guess the recent dip was due profit-taking.
Trade Setup summary: Profit targets=46750 pip (2900 + 5250 + 8520 + 12220 + 17860) Stop Loss =15500 pip Reward/Risk > 3 : 1 Current Status: Total Profit: 13929 pip Closed trade(s): 13929 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 229.34 based on 'previous Forecast' at 2020.07.06 : ...
As you all can see we witnessed a good rally in ethereum. but $289 is a crucial resistence level , after which we may see a correction in prices upto $255-250. if $289 is crossed then we may see a further up move. According to MACD , trend is soon going to end . and we may see a correction. Same depicted by RSI, which is in its overbought zone. So keep an eye on...
i think we should consider a big retrace in Etht as we see we have major resistant level in our way that is little bit unlikely to break at least at the first test !
Trade Setup summary: Profit targets=13929 pip (800 + 1543 + 2405 + 3436 + 5745) Stop Loss = 3245 pip Reward/Risk > 4.3:1 Current Status: Total Profit: 11684 pip Closed trade(s): 8184 pip Profit Open trade(s): 3500 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 229.34 based on 'previous Forecast' at 2020.07.06 : Closed Profit: ...
Ethereum (ETHUSD) goes together with Bitcoin (BTCUSD) and Bitcoin is starting to drop... Here we have the next target for ETHUSD. We will hit ~$226 with a high probability on this drop. The red volume is high and the indicators curving strong. But first, ETHUSD will hit MA200 at $234.10, depending on how this level is handled, we will visit $226.46...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (229.34). 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. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (231.07). 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...
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...
There is a divergence between RSI and Price.. there might be a drop in price to 210'ish levels.