USDTETH.P trade ideas
[ CRYPTO ] ETHUSDT LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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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 “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell 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.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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💡Don't miss the great buy opportunity in ETHUSD @ethereum
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3140.9).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 73.
Take Profits:
TP1= @ 3389.2
TP2= @ 3535.5
TP3= @ 3622.1
TP4= @ 3713.8
TP5= @ 3824.8
SL= Break below S2
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ETHUSDT ANALYSISAs you can see from the chart
we are currently a bit bearish on ETH
If you are planning on investing some money into ETH,
lets say 1,000$
Buy 20% at support
Buy 30% when we get candle open/close above the down trend line
Buy 50% when we get 2 BUY signals from Robo
If you are holding ETH right now, please be aware,
if we get a candle open/close below support,
we could possibly expect a 50% drop in price
to next support ZONE around 1,450$ (see chart)
Ethereum (ETHUSDT) | good area to climb📍Hello traders, Ethereum in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
Based on the number of waves we had, the main waves 1 and 2 are certainly over, and in the case of wave 3, I must say that it is complete in our opinion.
Let's look at wave 4:
We see wave 4 starting, because wave 3 is in a good position compared to wave 1, and also the price has broken the orange trend line downwards, giving us confirmation for the start of wave 4.
Structurally, wave 4 will not have much depth compared to wave 2, and in terms of time it is too long or too short.
For this reason, we consider the correction of a triangle and from this correction a wave is being formed.
From wave a, we assume that the microwaves a and b are completed and we are now inside wave c, and when the range 3750 is broken down, we will be sure of the beginning of this wave, and we will consider its target as the motion of wave a.
This move took place and the descent formed and now we are waiting for the ascent for wave b.
But if the Fibonacci 0.38 is broken downwards, the movement will continue until the Fibonacci 0.50, which is abnormal in our opinion.
So we give the probability of climbing from this discomfort to around 3900.
Our view is that if the warning range (4500) is broken, the field is analyzed and these waves are part of the 3 main wave.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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Trading Signal For EthereumTrading Signal:
There is a Trading Signal to Sell in ETHUSDT Ethereum
Traders can open their Sell Trades NOW
Rank : ⭐️
⬇️Sell now or Sell on 3592.0
⭕️SL: close above 3717.0
🔵TP1 @ 3271.0
🔵TP2 @ 2946.0
If you liked our ideas, please support us with your likes 👍 and comments.
Trading Signal For EthereumTrading Signal:
A Trading Signal is seen in the ETHUSDT Ethereum
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 3661.0
⭕️SL: close below 3559.0
🔵TP1 @ 3940.0
🔵TP2 @ 4299.0
🔵TP3 @ 4650.0
If you liked our ideas, please support us with your likes 👍 and comments .
$ETH/USDT LONG SWING TRADEETH is waving inside the triangle pattern,
The upper trend line of the triangle pattern is working as a major resistance.
Once upper trend line is broken we can expect a 20% - 30% bullish wave.
Can take a long at the lower trendline of the triangle pattern with a tight stop loss.
A break below the lower trendline longs will be invalided and opposite signal will be active (shorts will be active)
Entry at blue line, take profits at green line, stop loss at red line.