ETHUSDT.PS trade ideas
[Crypto] ETHUSDT Swing TradeAs per the charts.
Note -
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. Please refer to the link to my footer and explore further if You want.
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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.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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💡ETHUSDT Second Chance: Profit=40% SL=7.5% Reward/Risk > 5.3:1Second Chance Trade Setup summary:
Profit targets=40% = {TP3= 4% + TP4= 12% + TP5= 24%}
Stop Loss =7.5%
Reward/Risk > 5.3:1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (394.10) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits:
TP4= @ 444.50
TP5= @ 489.00
SL= Break below 383.50
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Current Status of First Buy:
Total Profit: 50%
Closed trade(s): 22% Profit
Open trade(s): 28% Profit
Trade Setup:
We opened 5 BUY trade(s) @ 367.00 based on 'previous Forecast' at 10.20.2020 :
Closed Profit:
TP1 @ 383.50 touched at 10.21.2020 with 4% Profit.
TP2 @ 394.10 touched at 10.21.2020 with 7% Profit.
TP3 @ 408.80 touched at 10.22.2020 with 11% Profit.
4% + 7% + 11% = 22%
Open Profit:
Open trade is 418.00(current price) - 367.00(open price) = 14%
2 trade(s) still open, therefore total profit for open trade(s) is 14% x 2 = 28%
Technical analysis:
. ETHUSDT is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.
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Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️
Ethereum Technical analysis ETHUSDT Ethereum Technical analysis
ETHUSDT
Flag Target : 445.4
First Target: 393.15
Stop Loss: Below 61.1 (Fibonacci)
💡Don't miss the great buy opportunity in ETHUSDT💡Don't miss the great buy opportunity in ETHUSDT Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (367.00).
. 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 383.50
TP2= @ 394.10
TP3= @ 408.80
TP4= @ 444.50
TP5= @ 489.00
SL= Break below S3
❤️ 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 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 ❤️
ETHMAY VISIT SEE ON YOUR OWN RISK AND KNOWLEDGE DONT TAKE ME SERIOUSLY
MARKET INVOLVE RISK SO SEE FOR YOUR SELF
ETH/USDTEth/Usdt forming bearish pennate in 4hr time frame. Break of the support may take the price to 330, but if not holded by 330 we may gravitate to the range of 315-325$.
Don't miss the great buy opportunity in ETHUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (325.5). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 355.00
TP2= @ 377.00
TP3= @ 394.00
TP4= @ 418.00
TP5= @ 489.00
SL= Break below S3
❤️ 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 trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Bear pennat on ETHUSDT at 1 hour timeframeA bear pennat on ETHUSDT at 1 hr time frame can be clearly seen, So here is again a good opportunity to short ETH. Resistance , Stop loss and Target points are show in chart.
ETHUSDT is forming a bear falg at 4 hour time frame @ 379Hey guys, at 4 hr timeframe ETHUSDT is plotted a bear flag also my indicator thrown a short signal here, so i am short here with stop loss of 5 % and TP at 13 %.
Short signal on ETHUSDT 1hr time frame @ 384.5Descending triangle forming on ethereum on 1 hour time frame giving a short signal at 384.5 and my indicator also confirming it,
Target points are - $372, $338 with stop loss of 408.36.
ETH/USDTEth/Usdt forming falling wedge in 1hr. If we break the wedge successfully than our next target would be around 400$-415$.
ETH/USDTETH/USDT just formed HEAD AND SHOULDERS pattern on 2hours chart and successfully broke its neck line. We might see a bearish target of around 350-360$ zone, if ETH breaks the macro trendline holding as support at 400$ level. Furthermore, we are also finding bearish crossover on SMIIO and Strong beaish momentum via AO. Hope you guys find this helpful. Do show your support.
