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Ethereum-bitcoin

Head and Shoulders - "Learn More Earn More" with usInverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal. . This illustrates that the downward trend is coming to an end . . When a Head and Shoulders formation is seen in an downtrend, it signifies a major reversal . . The pattern is confirmed once the price breaches the neckline resistance . In this example, we can easily see the head and shoulders pattern. How to Trade the Head and Shoulders Pattern: ENTRY: we put an entry order below the neckline. TARGET: We can also calculate a target by measuring the high point of the head to the neckline. This distance is approximately how far the price will move after it breaks the neckline. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Education
by ForecastCity
25
Head and Shoulders - "Learn More Earn More" with usInverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal. . This illustrates that the downward trend is coming to an end . . When a Head and Shoulders formation is seen in an downtrend, it signifies a major reversal . . The pattern is confirmed once the price breaches the neckline resistance . In this example, we can easily see the head and shoulders pattern. How to Trade the Head and Shoulders Pattern: ENTRY: we put an entry order below the neckline. TARGET: We can also calculate a target by measuring the high point of the head to the neckline. This distance is approximately how far the price will move after it breaks the neckline. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Education
by ForecastCity
25
ETHEREUM to $480 !! BREAKOUT!Hey there, Please support this idea with your likes and follow me on TV! Ethereum is now following Bitcoin after its strong rise yesterday. ETH plays ketch-up and currently has no resistance befor reaching 480 to 490 USD! Small ascending triangle playing into the bulls hands. ETHBTC just touched a major support trendline of an ascending channel. Strong signs for ETH to outpace Bitcoin short-term or atleast move alongside it! Of course in order to maintain Ethereums strong trend, Bitcoin has to hold tight aswell! Cheers, Konrad
COINBASE:ETHUSDLong
by EnlightenedTrading
The Three Phases of Ethereum - By Trading-GuruIn this idea, I will walk you through the three phases that Ethereum is going through right now and explain you why you could enter a long position that will yield you a safe 16% return. Phase 1: Strong Correlation. We see very interesting behavior in this area when we compare the price of ETH/USD with BTC/USD. Both assets move in an almost 100% correlated fashion. Whenever one of the prices moves up, the other moves up as well. There might be a slight change in the amount in which it moves, but overall the direction is always the same Phase 2: Divergence. It couldn't be more different in the second part of this chart. The price diverges very strongly. Even though on a smaller time frame we still see similar peaks and cliffs, overall we see that the price is moving in the opposite direction. BTC has increased with about 10%, while ETH decreased in value with about 10% Phase 3: Convergence. What we often see when BTC is moving up extremely fast, is that everyone pulls their money out of the lower marketcap coins (including ETH) to put it all in BTC. After the surge in price is over, we then see that the BTC Dominance is reducing again and while the price of BTC consolidates, all altcoins rise in value. We have arrived exactly at that spot now. The spot of BTC consolidation in conjunction with altcoin increase. I see a bullish ETH here looking to find its levels with BTC again. I expect that the price converges again with the price of BTW, which means we're realistically looking at a 16% gain here for Ethereum Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
COINBASE:ETHUSDLong
by Trading-Guru
16
💡Don't miss the great buy opportunity in ETHBTCMidterm forecast: While the price is above the support 0.02450, resumption of uptrend is expected. We make sure when the resistance at 0.03085 breaks. If the support at 0.02450 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI bounced from the uptrend #1 and it prevented price from more losses. While the RSI downtrend #2 is not broken, bearish wave in price would continue. A trough is formed in daily chart at 0.02750 on 11/04/2020, so more gains maximum to Major Resistance (0.03085) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 36. Take Profits: TP1= 0.03085 TP2= 0.03330 TP3= 0.03600 TP4= 0.04045 TP5= 0.04850 TP6= 0.05695 TP7= 0.06955 TP8= 0.08550 TP9= Free ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
10
💡Don't miss the great buy opportunity in ETHBTCMidterm forecast: While the price is above the support 0.02450, resumption of uptrend is expected. We make sure when the resistance at 0.03085 breaks. If the support at 0.02450 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI bounced from the uptrend #1 and it prevented price from more losses. While the RSI downtrend #2 is not broken, bearish wave in price would continue. A trough is formed in daily chart at 0.02750 on 11/04/2020, so more gains maximum to Major Resistance (0.03085) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 36. Take Profits: TP1= 0.03085 TP2= 0.03330 TP3= 0.03600 TP4= 0.04045 TP5= 0.04850 TP6= 0.05695 TP7= 0.06955 TP8= 0.08550 TP9= Free ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
14