ETH-USD
ETH to re-test $800 (May highs)A clear break above descending trend line would indicate a potential re-test of May highs ($800) where strong resistance sits at around $600 and $700 respectively. If we fail to break descending trend line, will be looking to head towards longer term support from April lows around $380.
A second Chance to Buy in ETHUSD ...New trading suggestion:
*The price is in an uptrend and we forecast the uptrend would continue.
*There is still a possibility of temporary retracement to suggested support line (440.100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (440.100).
Entry signal:
Signal to enter the market occurs when the price comes to "support line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Midterm Forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 440.100 would begin in Midterm.
Technical analysis:
The RSI bounced from the support #1 at 30 and it prevented the price from more losses.
The RSI downtrend #2 is broken, so the probability of resumption of the uptrend is increased.
Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
Relative strength index (RSI) is 44.
Take Profits:
TP5= @ 864.550
TP6= @ 970.450
TP7= @ 1151.600
TP8= @ 1229.700
TP9= @ 1415.950
TP10= Free
Trade Setup:
We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 2018.04.11.
Total Profit: 1328174 pip
Closed trade(s): 707228 pip Profit
Open trade(s): 620946 pip Profit
Closed Profit:
TP1 @ 475.300 touched at 2018.04.12 with 55057 pip Profit.
TP2 @ 553.100 touched at 2018.04.19 with 132857 pip Profit.
TP3 @ 630.500 touched at 2018.04.22 with 210257 pip Profit.
TP4 @ 729.300 touched at 2018.05.03 with 309057 pip Profit.
55057 + 132857 + 210257 + 309057 = 707228 pip
Open Profit:
Profit for one trade is 523.734(current price) - 420.243(open price) = 103491 pip
6 trade(s) still open, therefore total profit for open trade(s) is 103491 x 6 = 620946 pip
A second Chance to Buy in ETHUSD ...New trading suggestion:
*The price is in an uptrend and we forecast the uptrend would continue.
*There is still a possibility of temporary retracement to suggested support line (440.100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (440.100).
Entry signal:
Signal to enter the market occurs when the price comes to "support line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Midterm Forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 440.100 would begin in Midterm.
Technical analysis:
The RSI bounced from the support #1 at 30 and it prevented the price from more losses.
The RSI downtrend #2 is broken, so the probability of resumption of the uptrend is increased.
Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
Relative strength index (RSI) is 44.
Take Profits:
TP5= @ 864.550
TP6= @ 970.450
TP7= @ 1151.600
TP8= @ 1229.700
TP9= @ 1415.950
TP10= Free
Trade Setup:
We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 2018.04.11.
Total Profit: 1328174 pip
Closed trade(s): 707228 pip Profit
Open trade(s): 620946 pip Profit
Closed Profit:
TP1 @ 475.300 touched at 2018.04.12 with 55057 pip Profit.
TP2 @ 553.100 touched at 2018.04.19 with 132857 pip Profit.
TP3 @ 630.500 touched at 2018.04.22 with 210257 pip Profit.
TP4 @ 729.300 touched at 2018.05.03 with 309057 pip Profit.
55057 + 132857 + 210257 + 309057 = 707228 pip
Open Profit:
Profit for one trade is 523.734(current price) - 420.243(open price) = 103491 pip
6 trade(s) still open, therefore total profit for open trade(s) is 103491 x 6 = 620946 pip
ETH // USDT // Patterns AB-CD // shopping areaFRIENDS
ETH is in an excellent shopping area
PATRON AB-CD -0.54%
friends shopping area
regards
WANETH bottom is inGoing to go out on a ledge here and say bottom is in for the WAN/ETH pair.
This is a long term hold. Take profits target 1 is $34.
ETH: uptrend continuation Everyone is bearish, but everywhere I look I see bullish signs. Maybe those signs are there to deceive foolish people... maybe they don't exist at all.
This is fairly simple. ETHUSD is painting a similar pattern as before and areas of the same colour correspond to each other. I see across the board (BTC/BCH/ETH) bullishness into August.
In January I called a 0.786 correction for ETH down to 400 when bulls were saying it would never go down below 1000 again. Maybe I just got lucky. Now I'm saying extension to 1.618 level after bouncing soon.
ETH-USDETH-USD most likely will rise at least up to the area 638/640 completing, on the 4-hour chart, a Bearish Butterfly pattern.
There is a Second Chance to Buy in ETHUSD ...New trading suggestion:
*The price is in an uptrend and we forecast the uptrend would continue.
* There is still a possibility of temporary retracement to suggested support line (496.730). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Midterm forecast:
While the level 496.730 is not broken, the Midterm wave will be uptrend.
Technical analysis:
The RSI bounced from the support #1 at 30 and it prevented the price from more losses.
While the RSI downtrend #2 is not broken, bearish wave in price would continue.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 42.
Take Profits:
TP1= @ 475.300
TP2= @ 553.100
TP3= @ 630.500
TP4= @ 729.300
TP5= @ 864.550
TP6= @ 970.450
TP7= @ 1151.600
TP8= @ 1229.700
TP9= @ 1415.950
TP10= Free
Trade Setup:
We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 2018.04.11.
Total Profit: 1584266 pip
Closed trade(s): 707228 pip Profit
Open trade(s): 877038 pip Profit
Closed Profit:
TP1 @ 475.300 touched at 2018.04.12 with 55057 pip Profit.
TP2 @ 553.100 touched at 2018.04.19 with 132857 pip Profit.
TP3 @ 630.500 touched at 2018.04.22 with 210257 pip Profit.
TP4 @ 729.300 touched at 2018.05.03 with 309057 pip Profit.
55057 + 132857 + 210257 + 309057 = 707228 pip
Open Profit:
Profit for one trade is 566.416(current price) - 420.243(open price) = 146173 pip
6 trade(s) still open, therefore total profit for open trade(s) is 146173 x 6 = 877038 pip
ETH/USD Possibly forming a big head and shoulders patternETH/USD Possibly forming a big head and shoulders pattern with some divergences on 4hr timeframe. Risky to long without confirmations at the moment but can be a good long setup forming here.
ETH/USD Bearish outlook on the hourlyLike with with ETH/EUR pair, We are seeing rising wedge formations. When these wedges break I am seeing high a probability for more downward movement. The Oscillators based on most recent trends are indicating the right type of momentum buildup for another downturn in Mays market conditions.
On a side note ETH had a huge fall some hours ago that was nothing short of parabolic. We say a very powerful downward movement, within literally seconds we saw the floor become the ceiling. If this move was some how synthetic, the near future might contain unexpected surprises, so my stop losses are strategically placed.
Good Hunting.
ETHUSD - SETUP - WEEKLY CONTINUATION - 28 MAYWELCOME TO DACAPITAL TRADING!!
ETHUSD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR
Strong H4 Breakdown below previous week price action low
DAILY
Very bearish price movement last couple of days forming several lows
WEEKLY
We now have 4 highly bearish candles in a row following this movement..
LEVELS
SHORT @ 532.23
SL @ 577.88
TP1 @ 487.30
TP2 @ 463.39
TP3 @ 441.80
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!
Enjoy our limited Free Content and Setups,
leave us a like and Comment!!
DACAPITAL TRADING
ETH / USD - Pinball Until Big Money Pours In (WHICH IT IS)Crypto is becoming more and more mainstream! The SEC basically just gave a warning about buying into ICOs. No regulation whatsoever still! I don't see it coming for a few years. Wallstreet is buying in too!
I see ETH bouncing around until the big money funnels in.
Get ready for some cash.
Eth short target i think will be as followingHi All
this is a quick and short update for Ethereum from my point of view, I think we have good chance to get some money for the short run but in the same time don't forget to watch out Bitcoin because if it start to go down then also Ethereum will be.
set your STOP LOSS if the price breaking down the channel and stable under it.
Targets Will be as Following:
T1: 722
T2: 735
It could complete till 762 and i hope it can but for now i think T1 and T2 we can achieve it but again watch out BTC ;)
Best of Luck.
Crypto Stars.
Please don't forget to press Agree and leave comment, I'll appropriate that a lot.
ETH//USD// AFTER SEC//bullish patterns BATeth versus USD is doing elliot correction + BAT pattern correction
after SEC // ETH you can go a very long bullish trend
Short term bullish. Don't miss this throwbackNext target ~770USD.
Also, watch out for the red resistance line ;)
ETHUSD - Looking for some sideway actionETH bull run looks like it needs to cool down a bit. I would not close any long positions until I see breach of Alligator mid-line, however I would not add any new position until the resistance in red box is cleared.
ETHUSD held up by ascending support line!
ETHUSD bounced off its ascending support at 712.54 (76.5%, 61.8%, 61.8%, 50% Fibonacci retracement, horizontal overlap support) where price could potentially rise further to its resistance at 803.44 (76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance).
Stochastic (89, 5, 3) made a corresponding bounce off its support and has a lot of upside potential.
Ethereum head and shoulders !hello my idea shows that eth can continue the head and shoulders wave , lets see if will happen or no, lets watch carefully
Ethereum head and shoulders !!Hello, MY idea shows that eth is making head and shoulders , so you can follow this plan to be careful
