ETHUSDT.5S trade ideas
Eth on daily time frame with supp & resis#ETH is on the brink of breakout! It's time for #crypto traders to pay attention to the up-channel and its breaking upper side trend line. Are you ready to join the #eth rally? Make sure you understand how market trends can help you maximize your gains.
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Added More To Short Position of ETHUSDT Hello every one I added more in my position after rejection this 15 minutes candle.
This conviction as follow:
Swept the Stop loss and big red rejection at my interested area which 4hrs Time frame supply zone. This type of movement at supply zone confirms the activation big player.
This idea is continuation of linked idea and it is not new position.
LONG ETH on Demand ZoneVery good opportunity with good risk to reward for entering long position in ETH. The reason behind this trade is simply explained in the chart.
Just be patient to price come in our demand zone after the sweeping the liquidity area. The more fast and strong liquidity sweeping happen the more the chance of success our trade will be.
Entry point, stop loss point and target point is written on the chart.
#Eth update Daily time frame with supp % ResisEthereum is currently following its trend line and heading toward resistance of $1252.
The price will move toward the next resistance at $ 1397 if the resistance is broken.
But if resistance is difficult to break & gets any rejection, it will come back towards the support level at $ 1050 - 998.
Eth Long Term IdeaEth is a very established coin, a down move towards 400USD is expected (Golden Opportunity) where u can buy most of your bag for holding. chances of this happening is not so much since most of the bad things has happened already. But u shall prepare for the worst. Anything is possible :)
Ethereum "Broadening Top" PatternEthereum "Broadening Top" Pattern
Hourly (4H)Time Frame Analysis
A bullish reversal pattern is a broadening bottom. Two divergent lines that are horizontally symmetric form the pattern. As a result, it is a reverse symmetrical triangle. As a result, the oscillations between the two triangle terminals are becoming increasingly large.
Currently, Ethereum is in the range of $1175. If the pattern continues, the price of Ethereum might reach the resistance levels of $1350 .If the trend reverses, then the price of Ethereum may fall to $1150.
Entry Point Above 1215
Target 1350
Stop Loss 1150
Happy Trading