In 4 hr time frame the candle is closed below the resis lvl. If the candle close in daily TF below the resis lvl thn enter the short trade till the nxt price tag marked on Chart.
but before take the entry see the market sentiments cuz at that time i was not their to guide you, some research do yourself
Entry see shorter time frame to early enter 4hr 2hr 1 hr
SL...
ETH USD is at crucil support on both 200 EMA (1769)
on hourly chart and on support of trend line.
If not break trend line than posibilies to toch swing high of 1840
ONLY FOR EDUCATIONAL PURPOSE
Hello Traders!
1. This analysis is mixed with various concepts; Elliot Waves, Volume, and Parabolic Movements. Hence the name 'Southall'.
2. The count is clearly stated on the chart. We're following almost the same pattern as we expect in BTC .
3. We see significant volume spikes in the selling zones and less volume in the buying zones. This also...
Suggesting Buy on DIP we can see the buying from the 50% of this candle 1760 is looking good for buying let the levels hold and try to break this level buying till the previous high is gonna be good
Hello Traders,
Get ready to play a positional trade in ethereum on weekly tf.
The correction was started from the levels of 4868 in Nov2021 and after 18 months of correction the ethereum is getting ready for an uptrend.
Let's understand the technical data
ema(20,50,200) - Buy
ema(100) will act as a Resistance1
Level 2023 will act as a Resistance2
...
Hello Traders,
I am tracking the ethereum on 30m and 4h time frame.
On 30m chart
- Bollinger Band Squeezed
- ema(20,50,100,200) lies in between the Bollinger Bands
- RSI Neutral
- MACD Neutral
From these levels we can get a good trade on either side.
Wait for the breakout or breakdown and enter the trade in that direction, a good small...
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...
I am counting the waves of eth as showing in chart .
Current price at 1575
5th wave may extended for the target of 2000 in march or April 2023 month.
We can see 4th wave was inverted flat and shllow so there is a high probability to be extended 5th wave.
Stop loss for BUY 1575 is near 1460 low for the target of 2000
eth could show some more down move, if you haven't checked my previous eth analysis, then do check where I have provided a short opportunity
Also do folllow,like and comment ..
ETHEREUM is in UP trend moving UP since 01JAN23 on 14JAN23 we can see HUGE BULL CANDLE and I found my BOS so I marked my OB first OB on 4H.
On 15FEB23 saw couple of BIG BULL CANDLE and that's my second OB.
ETHEREUM market showing BIG CANDLES with BIG WICKS!
If market break second OB and went down then what? NO WORRIES!!!
Because we have EXTREME OB already and...
Ethereum doing a hangman on the 2 hour chart showing some buying exhaustion and it is also very close to a resistance.
The sell is just below the weekly VWAP with an exit in the high volume area of the book.
Note - If the asset breaks the resistance upwards, it does not take the buy order
On the daily timeframe, I analyzed ETH's price action using support, resistance, and Fibonacci retracements. Currently, ETH is finding support near the 50-day moving average and near the support level of $1554. If it breaks below this level, the next support level is at the Fibonacci value of 0.382, around $1490. The next Fibonacci value of 0.5 is at $1402. On the...
![ETHUSDT: [Crypto] ETHUSDT Buy Idea](https://s3.tradingview.com/4/4WjYP2Km_mid.png "[Crypto] ETHUSDT Buy Idea")
