ETHUSDT.5S trade ideas
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
5 Things to remember about bull marketsHey everyone! 👋
Bull markets are a time of optimism and growth, and they can be a great opportunity for making substantial gains. However, it's important to remember that bull markets don't last forever, and it's crucial to approach them with a healthy dose of caution while keeping your eye on your long-term goals. 🙂
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🚨 Don't get caught up in the speculative frenzy
It's important to remain level-headed and avoid making impulsive decisions based on short-term gains. Take time to thoroughly research any trades you're considering. It’s always good to focus on ideas with strong fundamentals as well as technicals.
📚 Keep an eye on valuations
In a bull market, it's common for stock prices to rise, sometimes to levels that may not be justified by a company's fundamentals. For investors, it can be important to keep an eye on valuations and make sure the stocks you're investing in are reasonably priced.
🔔 Be prepared for reversals
Like all good things, the Bull markets too eventually come to an end. Hence, it's essential to be prepared for a downturn. It’s always good to manage risk exposure by employing techniques such as diversification and hedging.
💸 Control your risk
It's natural to want to hold on to the positions that are performing well, but it's important to remember that bull markets eventually come to an end.
If you've made substantial gains, trailing may be a good option to lock in profits should things change quickly. Letting the winners ride by continually trailing your positions is one good strategy for improving a trade’s Risk-Reward ratio.
📈 Keep a long-term perspective
Trading is a marathon, not a sprint. Bull markets can be a great opportunity for gains, but it's important to keep a long-term perspective about your goals. Did you miss the big moves? Don’t get angry and make bad decisions. There will be more opportunities down the road to apply what you’ve learned.
Bull markets can provide excellent opportunities, however, they must be approached with caution and with defined personal goals. Consider the risks and rewards of each investment, keep an eye on valuations, and always be prepared for a downturn.
We hope you enjoyed this post! Please feel free to write any additional tips or pieces of advice in the comments section below.
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#ETH LONG SET UPAfter rejecting multiple times from the 1225$ range (green box) Eth flipped it and ran to test 1300 (untacked liquidity ). there was a lot of liquidity building up at the green box and it had to be swept so no surprise price went to the green box and will try to bounce from here but not in a single candle obviously.
Long set up-
I am long at 1227$
S.L at 1210$
Target up to - 1274$.