Ascending triangle is forming in 4hr time frame.You can decide long/short based on the direction in which the triangle breaks out. Make you to book your profit at the resistance and have a stop loss accordingly.
ETHEREUM (ETH) is indicating another 7-10% fall towards 2297-2198 from around 2384-2405 Range.
Possibility will get negated if BTC closes a complete 5 minutes candle above 2405.
This Analysis and Trade Setup is based on 38% Retracement Breakout Trading Strategy.
#ETH is currently confirms support in weekly frame
and the last weekly supports volume that means we can see a good move in #ETH
try only to buy in spot
A Falling Wedge Pattern has been Formed in Etherum 1 Day Time Frame. It is considered as bullish Pattern. The target will be the gap between two trend lines. Lets wait for daily closing before entering. The approx target will be around 3150 USDT.
Trading 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...
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...
$800-$1000 #solana will happen.
Idk when though, 3months/6months or so
Its written in $SOL charts.
I will be patient, the least I owe to it. On this ride from $3.
Not financial Advice ofcourse.
Formation 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...
ETH 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...
last 2-3 weeks we seen huge buying in ETH coin, in upcoming months its going pump very hard.
entry and targets are given on the chart. Please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
