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ETHUSD Trading Ideas and Potential Opportunities.
Ethereum
Long
ETHUSD Trading Ideas and Potential Opportunities.
By weslad
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Updated
Aug 11, 2018
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Aug 10, 2018
ETHUSD is in corrective phase and presently trading in a symmetrical triangle.
At same time approaching a very strong trendline support.
This support should provide maximum bounce for easy 40-70% buy opportunity.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: STOP LOSS LEVEL
GREEN: SELL TARGETS
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Aug 11, 2018
Trade active
ETH is smashing the trendline down, if it will hold or not we will have to wait till day candle closes.
Moreover, the following are immediate support to look into:
315
294
226
184
Aug 14, 2018
Trade active
ETHUSD approaching another very strong support after 300usd failed to hold the drop, the market capitulation is on the highest level.
We should find bottom from these level:
Immediate Support
245.45$
218.25$
Grand support
154.40$
123.20$
Aug 15, 2018
Trade active
After our last update, ETH got a great significant bounce and it show some great strength.
Aug 15, 2018
Trade active
Aug 16, 2018
Trade active
ETHUSD, hit trendline resistance. Its quite decision time now
Chart Patterns
Trend Analysis
Wave Analysis
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