ETH-USD reached support at $400After the bearish breakout of the support at $600, Ethereum-Dollar has arrived at the next strong support at $400. Here it is likely, at least initially, a rebound (still missing a green candle). There is a bullish divergence between price and CCI (20). The breakout also of the support at $400 (with high volume) would precipitate the currency pair, in all likelihood, as far as $250.
Ethereumdollar
Ethereum/Dollar at a crossroadsAt this moment, Ethereum/Dollar with a foot and a half in the abyss. If the double support, static at $ 600 and dynamic with the simple 200-day moving average, should not hold, it would open for the Ethereum a bearish scenario of $ 200 with the next support at $ 400. On the contrary, a rebound could push the currency pair to the test of the bearish resistance as far as $ 700 (about).
ETHUSD is preparing to launch again. Keep your eye on it.!!Technical analysis:
ETHEREUM/DOLLAR is in a range bound and Resumption of up trend 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 37.
Midterm forecast:
While the price is above the support 553.100, resumption of uptrend is expected.
We make sure when the resistance at 799.300 breaks.
If the support at 553.100 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Trading suggestion:
Price is in the Trend Hunter Buy Zone (736.200 to 630.500), we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (736.200)
Ending of entry zone (630.500)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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:
Take Profits:
TP1= @ 799.30
TP2= @ 847.80
TP3= @ 948.10
TP4= @ 1151.60
TP5= @ 1229.70
TP6= @ 1415.95
TP7= Free
A Great long-term Trading opportunity to Buy in ETHUSD!!Midterm forecast:
While the price is above the support 553.100, resumption of uptrend is expected.
We make sure when the resistance at 965.400 breaks.
If the support at 553.100 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Trading suggestion:
Price is in the Buy Zone (799.300 to 738.500), we would set orders based on Daily-Trading-Opportunities(Price Action) and expect to reach short-term targets.
Beginning of entry zone (799.300)
Ending of entry zone (738.500)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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:
Phttps://www.tradingview.com/chart/BTCUSD/leq2AhaQ-Price-Action-Lesson-5-Weak-Hammer-Example/
Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 37.
Take Profits:
TP1= @ 864.500
TP2= @ 965.400
TP3= @ 1151.600
TP4= @ 1229.700
TP5= @ 1415.950
TP6= @ Free
Don't miss this Buy trading opportunity of ETHUSD!!Midterm forecast:
While the price is above the support 553.100, resumption of uptrend is expected.
We make sure when the resistance at 965.400 breaks.
If the support at 553.100 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (799.300 to 738.500), if so, we would set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
Beginning of entry zone (799.300)
Ending of entry zone (738.500)
Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 43.
Take Profits:
TP1= @ 864.500
TP2= @ 965.400
TP3= @ 1151.600
TP4= @ 1229.700
TP5= @ 1415.950
TP6= @ Free
ETH/USD keylevels to watch in 1-hour timeframe (for short-term)Here are the main keylevels to watch if the price of ETH/USD goes on being uptrend, for short-time investors (hourly).
I think that the price will go on being uptrend.
The lagging span line still has to get over the cloud in 1-hour timeframe, in order to have a first confirmation of the potential uptrend.
There are also obstacles in higher timeframes, mainly the daily one.
Excellent Long-Term Hunting Opportunity in ETHUSD, Don't miss itTrading suggestion:
There is possibility of temporary retracement to suggested support zone (864.535 to 731.100), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of entry zone (864.535)
.Ending of entry zone (731.100)
Take Profit:
TP1= @1012.050
TP2= @Free
Technical analysis:
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 75.
.Current short-term is uptrend and continuation of uptrend is expected.
Ethereum , A good buy opportunity in ETHUSD ,catch it!Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (663.650 to 513.750), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (663.650)
.Ending of entry zone (513.750)
Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index ( RSI ) is 36.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 864.500
TP2= @ 988.450
TP3= @ 1151.600
TP4= @ 1229.690
TP5= @ 1415.950
TP6= @ Free
Excellent Long-Term Hunting Opportunity in ETHUSD, Don't miss itTrading suggestion:
There is possibility of temporary retracement to suggested support zone (864.535 to 731.100), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of entry zone (864.535)
.Ending of entry zone (731.100)
Take Profit:
TP1= @1012.050
TP2= @Free
Technical analysis:
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 75.
.Current short-term is uptrend and continuation of uptrend is expected.
ETH - My plan to Buy MoreAlong with Litecoin Ethereum has made a pretty good move over the last two days and I am tempted to add to my position. My plan though is to be patient and wait for a better price to buy. I would like to see ETH test the $400 support level again where I would buy or slowly drift lower to the long-term trendline where I would also buy.
Ethereum/Dollar: ETCUSD - entry points Ethereum Classic/Dollar ETCUSD
Nice continuation patterns here giving quite clear entry points
on each break above each little pattern.
It's just had a good break and is a little overbought - so can't
chase it here - instead, suggest 'going fishin' (as with last Dash
comment which yesterday worked perfectly) - put an order in
just above 15.24 break out level and maybe later in session
the fish will swim to the bait and bite and maybe it won't.
Eventually this looks as if it will move back to retest the highs
around 23, with each level of most likely near term
resistance, shown on chart....let's see if the fish bites