ETHEREUM-USDT
ETH USDT Hello guys this is my trading idea💡 about ETH
My idea is the wait for the price come to resistance zone with confirmation and open SHORT trade .
my 1 Target 🎯: 1496
my 2 Target 🎯 : 1365
my 4 Target 🎯 : 1365
my last Target 🎯 : 1296
Risk/Reward : 2.2. 24%
ENTER AT YOUR ON RISK
Thanks TURTLE TRADER 🐢
IF YOU LIKE MY WORK SUBSCRIBE AND LIKE AND SHARE 😃
BTC USD ETH : MARKET PSYCHOLOGY AND FOMO! EXPONENTIAL GROWTH!I did this chart to show how people react to the market. It shows little interest with a prolonged slow rise then more interest and more interest etc until the FOMO blowoff hits. This increase in angle of uptrend plays out in every timeframe and in almost every chart. I think the crypto market is just getting warmed up. We're about to go parabolic in my opinion. This is just my opinion and not financial advice. Thank you and good luck out there.
ETHUSDT ShortPlanning short trade on ETHUSDT, COT Data shows Hedgefunds are overall short, since we consolidated a lot in the past days - there could be a big move in coming.
My final target is very unrealistic, once price hits 1735 i will take 75% profits out and leave 25% of position to run with stop BE, just in case we will see a big move
PLS manage risk
USDT vs BTC it's a war USDT . over 6.22% is unprecedent, as this bitcoin is approaching it's correlation with it . USDT is used as index for DXY or USD ticket being this de dominance on Crypto market so, we can correlate it as a inverse price and trend vs BTC.
This chart is showing how USDT is coming to high low and high lows as BTC is doing reverse.!
FACT ON FOREX TRADING
FACTS ON FOREX TRADING
* marketplace for exchanging national currencies against one another.
* Market participants use forex to hedge against international currency and interest rate risk, to speculate on geopolitical events, and to diversify portfolios, among several other reasons.
* Major players in this market tend to be financial institutions like commercial banks, central banks, money managers and hedge funds.
* Global corporations use forex markets to hedge currency risk from foreign transactions.
* Individuals (retail traders) are a very small relative portion of all forex volume, and mainly use the market to speculate and day trade.
Here is what I believe could happen to #USD #DomainaceAs we talked about the theory of #USDT #DOMAINACE and you know how to predict the markets actions by analyzing this symbol simply,heres what I bleve about the next few candles, despite it is on a critical zone at this point and its testing the support zone that it's broken a few candles ago I believe it'll be a torturing bearish candle for the #dominance of #usdt
🔥 Ethereum Bull Market Support HeldLike many other cryptos, ETH is currently seeing a very strong reversal from the lows of last week. ETH was one of the fastest tokens to sell-off during the last couple of months, so investors are scooping up lots of ETH for cheap.
Current target for the reversal is the area between $2850 and $3100. Keep an eye out for the FOMC meeting today. A sudden increase in the interest rates might cause a bearish move in the short-term.
Happy trading!
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. Previously we said that the inverse head-and-shoulder pattern is being formed. There is the R1 resistance which the price hit, was rejected and now is coming down. You can set a Buy order at the area which we have shown on the chart. If it stabilizes above that line, it will go up to higher targets the first one of which is R1, if R1 is broken then R2, and if R2 is also broken then higher prices will be the target. However there is the possibility for the price to go down to the S1 line and then go up. In that case we can set a Buy order there too. If it goes below the S1 line then it will fall more but we do not predict that to be very probable. Our head-and-shoulder pattern stands on its own and the price can complete it in the coming weeks if the R1 and R2 lines are broken and if not then our scenario is failed.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
🔥 Ethereum Symmetrial Triangle: Break Out Or ConsilidationOver the course of two weeks, ETH has formed a nice symmetrical triangle pattern. These patterns are classically consolidating patterns which break out into a continuation of the trend.
In the shorter-term, I'm expecting the price to follow the pattern. A key level to watch is going to be the upper resistance of the triangle. If that one holds, expect more consolidating price action.
In case of a break out, I'm looking at the $4450 and $4650 areas for potential exits.
Happy trading!
🔥 Ethereum Short-Term Triangle ConsoldiationAround a week ago I made an analysis on ETH. Here I discussed the potential reversal from the long-term bullish channel.
The above analysis was a success. However, with BTC showing some bearish signs over the last week, ETH has broken out bearish from the above mentioned channel.
Currently, a clear triangle / pennant pattern is forming on the chart. I'm not sure about which direction the pattern will break out yet, this will become clearer over the coming days. Although it's highly likely that ETH will follow this pattern for the coming few days.
Furthermore, there's a high probability that the break out of this pattern will cause some strong volatility, either bearish or bullish.
Happy trading!
🔥 Ethereum Bearish Break Out: Support IncomingA little while ago I made an analysis on ETH and the triangle pattern it was trading in. ETH followed the pattern, appeared to break bullish, but then things quickly went south and a huge sell-off followed.
For now, I'm not convinced that we're out of the woods. Bearish momentum seems to be strong and a V-shaped recovery is seemingly not happening yet.
I'm still bullish in the longer term. I'm expecting strong support to be found around the $4200 area, which can trigger a bounce. If this is not the case, expect a major bullish impulse from the $4000 area. Be patient and wait for a big bullish candle to signal the reversal.
Happy trading!
ETH for a new ATHETH is slowly grinding the current resistance established in May.
For now i would stay cautious as we don't buy a resistance, i would wait for a Daily break above 4400$, once this will be completed we could try to buy a consolidation in intraday, probably around 4100$ with 1st target on 5000$ area.
Let the prices play out and give us a confirmation rather than anticipating something that could go wrong.
ETHEREUM CLOSE TO THE APEX FOR A BREAKOUT / BREAKDOWNETHEREUM Trading inside a symmetrical triangle,
This can of course most likely be a breakout to the upside and a continuation of the previous trend once we pull back into the area I have Highlighted on the chart .
I have marked this region because of 3 strong areas of confluence ..The POC or fixed range profile , fib pull from July Low to High , which aligns perfectly with our POC and the 50 EMA.
The pattern contains at least two lower highs and two higher lows, When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape.
The future direction of the breakout can only be determined after the break has occurred.
A break should be on a closing basis for it to be considered valid.
After the breakout (up or down), the apex can turn into future support or resistance.
The price sometimes returns to the apex or a support/resistance level around the breakout before resuming in the direction of the breakout.
Whatever trade you take ensure to use a SL and know your invalidation .
Make a plan and stick to it and always know in advance where you are wrong .
Support my work with a follow Like or a constructive comment .