Possible Inverse H&S on ETH USDT!!!All eyes on BTC right now, and while it seems to have decoupled from alts during the rally so far, ETH PA has formed a nice Inverse H&S that could signal upside, maybe for the the other major alt/USDT pairs as well... we shall see...
Also noticed a bullish MACD cross
ETHEREUM-USDT
Don't miss the great buy opportunity in ETHUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (440.05). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 455.40
TP2= @ 468.65
TP3= @ 484.65
TP4= @ 522.10
TP5= @ 552.60
SL= Break below S2
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ETHUSDT #ETHEREUM Good Buy Now Welcome Traders >> We Have Here Opportunity And Direction For $ETHEREUM
♦️ We Have Down Trend Area >> Waiting For Break Out
♦️ We Have Strong Resistance Area » Waiting For Break Out With Trend
♣️ Vision ♣️
Waiting For Break Out Trend And Resistance And Buy To Targets
!! Please Take care Trading Is Very Risk Don,t Risk On Any Position !!
Altcoin Trade: ALGOUSDT 100% PotentialALGO (both ALGOUSDT and ALGOBTC) is holding and bouncing at major level (61.8 fin retracement and 200MAs) as the overall crypto market and BTC shows signs of stabilization and recovering from the major selloff.
Now is a good time to get a partial position and ladder in if price falls a bit. Ultimate target is at resistance for about a 100% return, but can take partial profits along the way.
Please follow to get daily trade setups and live trade updates.
ETHUSDT, Where to Sell?..The global trend is still bullish but, if the price will cross the Key level and fix below it can be the start of a new bearish trend.
So wait for the reaction near the level.
The best pattern is when the price approach slowly and the daily candle close below.
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ETH/USDT LONGSignal
ETH/USDT
BUY
Open 178.78;
SL 173.73;
TP 204.28;
Risk/Reward: 1/5.05
Leverage: 2x
Breakdown of the downtrend + fixed. Very pleased with the de-correlation with bitcoin. At the fall of Bitcoin, Ethereum is growing. By domination, they broke through the incoming channel, the possible beginning of the altseason
eth/usdt is ready to dump/short now !ethusdt is forming ascending triangle on week chart and price is at strong resistance just wait when price break the ascending triangle downward then take a short trade or exit from a buy trade it is giving good risk reward so you can go for it ;)
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ETHUSDT: Capitulation Nation With A Bullish TwistIt is always a good idea to see the positive things within bad times. The gigantic bullish wedge, tipping to the capitulation area makes it 1) likely to happen to fall back to the mean but also 2) likely to happen to regain momentum for a long position, back to old heights within the next 18 months.
ETHUSDT BITTREXPossible head and shoulders pattern forming on the ethusdt pair on bittrex. I will be watching closely for confirmation of this pattern and a potential short position.
If it gets stopped by resistance at around 480 daily resistance level it will be a strong indication we are heading down. If it pushes up to retest the 4 hour resistance at 492 it could potentially break through and reject the head and shoulders, or confirm and continue down to form the right shoulder and C leg of an ABC correction.
Few different scenarios could play out so I'll be watching closely for short trades or holding on if it breaks!
ETHUSDT BITTREXFollowing BTC with a big push to break the daily resistance at around 475, ETH is now forming a doji candle just below the weekly down trend line.
If this 4 hr candle closes as it is right now then we could head back down to retest the recently broken daily level of support/resistance.
It could also signal a continuation pattern and we may keep heading up to test the down trend line.
watching closely for confirmation of a break of trend.
ETHUSDT 1h, July 5Bull (High Probability):
1. Target for Minor 3 Wave of the Medium 1 Wave of the Major 2 Wave = ~500 USD
--> Round number + 0.236 Fib of Minor Fib + Symmetrical Triangles
--> Almost Oversold on RSI + Support at cloud + support of second triangle
Bear (Low Probability):
1. Broke through the 3rd fan (minor).
2. Broke through the support of second triangle?
- M.L.S.
ETHUSDT BITTREXEth had a good pump along with btc over the past day. It is right up against a daily resistance now and if it gets rejected here we have made a new lower high and we will head down to retest the long term uptrend.
If that fails to hold up against the bears next stop is a weekly support at around 392.
Watching closely for a entry either off the trend line or the lower support if we break down.
Also watching closely for a double bottom potentially forming around the recent lower low around 407.
BTC falls out of wedge, double bottoms into symm triangle?BTC fell out of its rising wedge but failed to make the measured move around the 5600 area, disrespecting the inherent nature of the pattern. Although it looks to be back in the same wedge, I believe it is now more probable to be in a symmetrical triangle. With quintuple MACD bullish divergence now showing on the negative oscillators on the daily, and with prices at the current bottom of a long descending wedge that has formed since the great sell off, it would make sense that we would be beginning to see more neutral geometrical shapes rather than rising wedge after rising wedge after rising wedge. Is this where we begin to see a bullish reversal? Thoughts?
eth usdt update june 22 by blackoutrazHello
Just a quick update on my chart, i have updated it with the confirmation of the final wave B just happened at the 535$ , i have then updated all the extension on the wave C
Finally, i am expecting a small bounce up to the 505 $ lvl -0.37% in the next hours but overall it looks pretty bearish , check also the stoch that indicates sell and the moving average that are firmy moving to a cross
be careful out there
kiss
BlacKoutRaZ
Ethreum UsdtEthereum now in triangle chart
he will breakout in the short term:
if he cross the triangle down he will go to the support line 866$
and
if he cross the triangle up he will try to cross the resistance line 1124$
and trying to fin the new resistance 1125$
Stochastic show he will going up
DMI
show us the green line DI+ cross the Red linge DI-
Good Luck For everybody.