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ETH5xShort/Tether

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ETHUSDT.5S trade ideas

💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2754.06). . 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 an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 51. Take Profits: TP1= @ 2840.10 TP2= @ 2904.65 TP3= @ 2979.96 TP4= @ 3048.83 TP5= @ 3167.06 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
3
💡Don't miss the great buy opportunity in ETHUSD @ethereum Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2967.02). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 65. Take Profits: TP1= @ 3028.12 TP2= @ 3081.66 TP3= @ 3167.19 TP4= @ 3229.49 TP5= @ 3299.11 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
Educational Post EthereumFormation of an ascending broadening wedge after a trough. This type of pattern appears during the correction in a bearish movement, it is a bearish continuation pattern. Resumption of the bearish movement after correction. Statistics of the ascending broadening wedge after a trough - In 79% of cases, the exit is bearish. - In 23% of cases, an ascending broadening wedge occurs in a consolidation movement. - In 81% of cases, the pattern's price objective is achieved when the support line is broken. - In 40% of cases, the price makes a pullback in resistance on the ascending broadening wedge’s support line.
by nawaab001
Intraday short trade opportunity in ETHETH is in the correction phase. on a 15 min. timeframe, it has broken down below strong support with good volumes. The price has retraced back to the support turned resistance and the candles have formed stalled candlestick pattern with falling volumes. This is a perfect setup for short trade with tight stop loss. How to enter a trade? Wait for a falling candle with above-average volumes. Stoploss above the resistance line/ above breakdown candle. Target - open Not a recommendation. This is just an observation on the chart. do your own due diligence.
Short
by Sai_Kumar