ETHUSD Intraday Bullflag1H chart, nice trade entry for margin / leverage traders. Easy profits to be taken at 200MA level. Enjoy.
Ethereumdollar
ETHUSD | Supported by R3Please support this idea with LIKE if you find it useful.
Price was supported by R3 and the price is expected to test horizontal resistance again.
If you consider a long on this asset. You can wait for confirmed breakout of 286 horizontal resistance. Or initiate long from current levels with stop-loss below R3 or lower.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Ethereum (ETH) Price Prediction 2020 | Complete Long Term AnalysOn Jan 2020 I posted an article where I revealed that the Ethereum has formed a very big bullish harmonic Shark pattern on 2 week chart and the priceline was entered in potential reversal zone of this bullish Shark and it was suppose to take bullish divergence from this PRZ level.
The price action was expected to produce between 59% upto 123% and the price action took bullish divergence from this potential reversal zone and so far it has generated more than 96% profit and at this time the price action of Ethereum is entered in Fibonacci projection area of C to D leg as I predicted.
Ichimoku Cloud Turned Bullis:
Up to week chart the Ichimoku cloud is turned bullish at this time on this week chart the lagging span has crossed up the priceline and that is very bullish indication specially on week chart.
Candle sticks are crossing up the conversion and base line and also crossing bullish cloud once these crosses up will be completed the it will be difficult for the priceline to make a reverse move and cross down the cloud and conversion and base lines, in the meanwhile conversion line is crossing up the base line just below the priceline of Ethereum once this bull cross will be completed the cloud which is again reversed bearish at the moment it will be tunred back bullish.
Indicators And Oscillators:
If we see even on 2 week long term chart then it can be clearly observed that all important indicators and oscillators are turned bullish like the stochastic has given bull cross from oversold zone and we have received this bull cross after Dec 2018.
The moving average convergence divergence (MACD) is turned strong bullish after Jun 2019 and chop zone is also turned bullish after Jun 2019 these indicators are clearly showing that the trend is being changed in favors of bulls now.
Moving Averages:
If we see the movement of simple moving averages with time period of 50 and 200 on week chart then it can be observed that the price action has almost crossed up the 50 simple moving average and fighting the strong resistance of 200 SMA (in black), once the price action will be successful to cross up then it can easily breakout the long term price resistance at $310.97 here one more thing is in favor of this breakout that the momentum is also completed shifted to bulls as there can be seen 1st strong bullish bar in momentum indicator after Jul 2019.
Once this resistance will be broken out then the price action may move to break or hit the next long term resistance at $742.28.
This is a long term analysis there can be many other resistances on short term charts that I am not discussing this time this is a long term perspective post.
I will keep posting more updates on Ethereum when I will find more developments.
Three White Soldiers PatternThree white soldiers is a bullish candlestick pattern, a reversal pattern. This pattern suggests a strong change in market sentiment. The opposite of the 'three white soldiers' pattern is the 'three black crows' pattern.
Don't miss the great buy opportunity in ETHUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (238.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHUSD is in a Uptrend and the Continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
Take Profits:
TP1= @ 275.30
TP2= @ 319.45
TP3= @ 362.75
SL= Break below S2
Don't miss the great buy opportunity in ETHUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (238.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHUSD is in a Uptrend and the Continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
Take Profits:
TP1= @ 275.30
TP2= @ 319.45
TP3= @ 362.75
SL= Break below S2
ETHUSD | Double BottomPlease support this idea with LIKE if you find it useful.
Ethereum is worth to pay attention on, because we might step in a strong uptrend.
Reasons: Price formed Double Bottom. Resistance Trendline was broken. Price formed Three White Soldiers candlestick pattern.
- If you consider initiate long position, you can wait for a confirmed breakout of 305$ Horizontal Resistance.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Ethereum : Double Bottom pattern.Ethereum : Double Bottom pattern.
Note: This is only for Educational purposes; this is not investment advice.
Ethereum RepostI have to emphasise the potential returns on this investment by reposting this, Ethereum is currently in a great spot both technically and fundamentally for 2020, I believe the 0.618 fib line will be hit as per retracement from local top of 2017s bull run. As you can see there are three clear dips, the third being the largest.
ETHUSD Elliot Impulse WaveElliot impulse wave, currently beginning 5th wave, supported by a strong linear regression uptrend. 4H chart. Broadening ascending wedge.
ETH | Keeping an eye on these levelsSo far reclamation of S/R flips at $134 at LTF H12. Still, we are under big daily resistance under $137, I would like to see reclamation and the next target would be $150. If $126 will not hold, next support is at $100
Marks out important level and how price reacts on them, it should show you future important levels which to focus on
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PrimeXBT (tight spreads, up to 1000x leverage, 24/7 support, lowest fees, no slippages, no overloads, quick withdrawals, No KYC).
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ETH,ETC Now, ETH JAN2017 are following same parabolic Pattern?! Hi Guys,
Looks identical?
not a financial advise !
Good luck
ETHUSD | Support of Descending Triangle BreakoutPlease support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 157.89
TP1 - 151.50
TP2 - 148.90
TP3 - 146.22
SL - 160.02
Reason: Pivot Point Rejection plus Breakout of a Descending Triangle support zone.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Don't miss the great buy opportunity in EthereumTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (147.65). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHUSD 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 61.
Take Profits:
TP1= @ 178.75
TP2= @ 200.40
TP3= @ 235.45
SL= Break below S2
Don't miss the great buy opportunity in EthereumTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (147.65). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHUSD 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 61.
Take Profits:
TP1= @ 178.75
TP2= @ 200.40
TP3= @ 235.45
SL= Break below S2
ETHUSD | Correction is OverPlease support this idea with LIKE if you find it useful.
Initiate Long.
Entry - 166.40
TP1 - 176.14
TP2 - 180.29
SL - 162.90
Reason: Supported by R2. Ichimoku cloud supports the growth
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
ETHUSD | Be Ready For a CorrectionPlease support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 190.45
TP1 - 169.62
TP2 - 138.38
SL - 196.96 ()
Reason: RSI is heading to the Overbought Zone if price meet the Resistance at this time I would wait for a dump on one of Fibo Level. At least on 78,60%
+Consider to take another short position if price goes higher. 61.8% might turn the resistance for the price.
/Risk of the Signal is: High. So it's better to just wait for correction before continue longing. If you are a careful trader
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Don't miss the great buy opportunity in ETHUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (146.85). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum/US Dollar 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 65.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Take Profits:
TP1= @ 163.30
TP2= @ 191.75
TP3= @ 223.20
SL= Break below S2
Don't miss the great buy opportunity in ETHUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (146.85). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum/US Dollar 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 65.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Take Profits:
TP1= @ 163.30
TP2= @ 191.75
TP3= @ 223.20
SL= Break below S2
ETHUSD Bearish SignsVolume oscillator can be seen to be declining, along with a lack of upward pressure within the volume RSI. Barely holding onto the purple fib line, consequences would be devastating if this is broken as a likely target is the pink fib line, which results in a lower low.
ETHUSD Smol Descending ScallopETHUSD has formed a small descending scallop, higher lows are also present. Key level is grey Fibonacci line. Stock RSI can be seen to be oversold. 4hr chart can often be less reliable than greater timeframe charts.
