ETH cup and handle pattern - EthereumAfter descending wedge or descending channel the the breakout and restested the channel line and forming cup and handle formation where we can see of cup has complete and assuming to form a small flag pattern as its handle breakout of the neckline that is 1340 we can seek target upto 1420
Trade ideas
[Bounce] ETHUSDT Swing Chart - Buying PointNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Ethereum might head higherGrabbed the sell side liquidity from lower levels, given the extreme negative situation given in the news due to inflation, it might rally now to around 1400-1450 levels before reacting from big supply zones, I might be wrong, just that negative inflow of news is much more and in this time, smart money wins.
View invalidate below 1310 level support
eth unsure in premium z weakening but still showing bull poweralways seems fun with charts when theres bullish and bearish signs at the same time eth 30m had a w pattern its already played out i think after the double bottom or is there more to come but then on the other hand first high pivot out of the 3 tested long term resistance rejected quite solidly 2nd hh the big bull candle gave a small msb so marked out the little ob had 2 reactions from it the second forming double bottom and last pivot of the w. w played out hit top of vertical yellow line formed a double top bearish tested red resistance didnt even have the strength to break it the last bearish candle weve had has just bounced straight off the ema 21 now testing again
Ethereum (ETH/USDT) Short Postition!Ethereum (ETH/USDT) seems to be forming a bearish Head & Shoulders pattern. An ABC correction in play with a lower high. At ~1700 we have our stop-loss above a strong resistance - MP/TPO POC + R1. VPVR POC marks the main pivot level and our target is at ~1450 (immediate support below).
MP -> Market Profile
TPO -> Time Price Opportunities
POC -> Point of Control
VPVR -> Volume Profile Visible Range
Market Profile is best understood as a way to see order in the markets. While not a typical indicator. MP takes the data from each day’s trading session and organizes it to help us understand who is in control of the market and what is perceived as fair value.
Point Of Control shows the bar where the most volume has been traded.






















