ETHUSDT.PS trade ideas
Double Bottom: Bullish Move in EtheriumAs per my last analysis, etherium has broken the 2400 resistance.
The price pumped almost to the 2700 mark before falling down for a sharp correction.
Meanwhile, you can see a double bottom pattern forming on the daily chart as well as the one hour chart.
This signifies a major upward movement with a potential of breaking out the 2900 level which has been the ATH for some time.
The ema at 2400 level which can be seen on 4 hour time frame is confirming that price won't fall below 2400, hinting the upcoming trend.
Now, it is difficult to time the market, but next few weeks seems to be promising, if no major manipulations occur.
HUGE OPPORTUNITY on ETH/USDTReasons why I'm bullish:
- All of the daily Moving Averages are pointing up, meaning that the prince is tending to go up.
- ETH went up for 13 consecutive days, we need a retracement to keep going up.
- The daily RSI showed that ETH was overbought for the first time after 13 days (Good sign for a retracement).
- We have a nice and clean Double Bottom on the daily chart.
- The (0.382) Fibonacci Retracement is extremely close to our zone of action in our double bottom and the (0.5) Fibonacci is right on a previous support area.
MY BUY ZONE is between:
$2198 - $2400
MY TARGETS are:
1- $2900 (~29%)
2- $3160 (~40%)
3- $3440 (~53%)
MY Stop Loss is:
$1800 (-20%)
Always do your own research before getting in a trade, you always need to know the WHY and WHEN to entry and exit all your trades.
Disclaimer:
This is not financial advise, this post is for educational purposes only.
market analysis for ETH/USDTHELLO TRADERS
In day timeframe in ETH/USDT Triple bottom Form Don't know whats going on also on retrace their zone
if it will close below the zone then w'll Go buy setup or not close setup
ETH perpetual futures on 1hEth respecting and support and resistance on this trendline. Will go long/short basis break of either side
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
🥰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 me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#bitcoin #crypto #nextmove #bullmarket #sideways #ethusdt #weeklyclosed
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
