ETHUSDT.P trade ideas
Etherium Breakout: A Matter Of Time 🚀Etherium has hovered from 1700-2400 range for a while, touching 1700 support thrice.
However, it is the very first time that the price has crossed 55 EMA on the daily chart.
With this EMA acting as a support line and positive news about Etherium's utility, it's only a matter of time that the 2400 resistance will break, setting a new target at 2900.
The price range is currently getting narrowed with EMA giving support at 2200, and a resistance at 2400. A major breakout is inevitable.
The trendline has also been broken, further hinting the upcoming bullish move.
Disclaimer : Trade at your own risk. Happy Trading!
ETH weekly chart looking too bullish, could be it started Wave3!#ETH (weekly update)
Trading suggestion:
". There is a possibility of ABC correction retracement done ready for Major Wave3 on the board."
". if it will break 21 WMA then ETH could start its new really from here."
Technical analysis:
. ETHUSDT is try to break 21 WMA, and the beginning of an uptrend is expected.
. The price is touched the 21-Weekly MA, which acts as a dynamic resistance.
. The RSI is at 53 and bounce from it support line which shows bull is upper hand right now.
Take Profits:
TP1= @ 2666
TP2= @ 3290
TP3= @ 4350
TP4= @ 5665
TP5= @ 8711
SL= below 1700 usdt on daily closed bases
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ETH/USDT: Buy on 1HR chartDouble bottom on pull back, entry after a bullish candle.
Entry - 2138
Stop Loss - 2080
Take Profit - 2195
Will keep you posted on the progress of the trade.
[CRYPTO] ETHUSDT: Buy SetupETH is currently in a downtrend. Buy above horizontal Line as it will break the downtrend and then move up.
Enter on Proper trigger. SL at last swing low.
Rest as per the chart.
DD Advised.
Keep eye on ETHUSDTEthanium USDT Pair about to break either side closely observe the consolidation
also this is analysis from Daily To 5 min Time frame
BUY LONG TRADE FOR ETH/USDTFollowing by movementum show & DIVERGENCE UP TREND BULL COMES IN MARKET
MAKE SURE THATS IS POSSIBLE ENTRIES ( NOTE. ITS NOT FINANCIAL ADVICE )
IM PUTTING SOME KNOW FACTS
ETH LOOKS WEAKETH LOOKS WEAK, WITH HEAD AND SHOULDER FORMATION
although there is a very slim percentage of hns working out but we cant negate the formation,
trade with small sl
FIB Levels with Entry & TargetsEntry 1946
SL 2500
Target 1 : 1737
Target 2 : 1550 - Accumulate for long
Target 3 : 1455 - Accumulate for long
Ethereum Going on Buying ZoneEthereum Going on Buying Zone because Moving Evrage are bullish
Buy on $2200
Sell on $2400
ETHUSDT analysis in 4H time frame After bouncing from it's major resistance near $1700, Ethereum now moves upwards till $2300, forming a rising wedge pattern. If it moves within the pattern we can expect a good move till $2500.
