Etherium
#ETH/BTC Fractals indicate a 38% rally!Hello guys welcome to this quick setup.
#ETHBTC just broke out of the resistance trendline and currently retesting the flipped Support.
Fractals showing last time it happened ETH rallied almost 38%. This resistance is 106 days long.
IMO this is a good time to add ETH to your portfolio.
I have bought a big bag and will be holding for for few months.
This isn't a short term setup, rather a long term setup.
I will buying every dip if it comes.
WHAT DO YOU THINK about this setup ?
Do share your views in the comment section. Feel free to like this update if you agree, your likes won't cost you anything but provides me a motivation to bring moe of such quality contents for free.
#PEACE
Etherium Long 357-333 USD!Etherium trading plan!
Etherium 1h support levels are:
337 - 333
Long STOP LOSS: 329 (Make sure to use always use a stop loss!)
Etherium 1h resistance levels are:
342.4 - 344.9
Short stop loss: 349
The avg. buy price (when laddered to the buy box) is 335.
The avg. sell price (when laddered to the sell box) is 343.6
From this long we are looking to profit 2,55% with a risk of 1,80%
IF YOU USE MARGIN ADJUST ACCORDINGLY.
Have a nice day! :)
ETH/USD Trend Cycles Analysis - Smart Money WatchHello everyone,
As I get use to setting up trading view, just be patient and any constructive advice is welcomed. As some exciting developments happened for ETH/USD. We will look how to prepare next. If you want to look at my previous article on the chart, check out the profile.
What did I do:
• Drew horizontal rays for resistances/supports
• Drew Fibonacci Retracement line from December 6, 2018 (low) and on.
• Drew vertical lines to establish long term trends
• Date Range the vertical lines
• Price ranged the trends in between the vertical lines
Setting:
December 6th, 2018 - June 19th, 2019
- Price increase: $281.90
- Uptrend: 202 days
June 19th, 2019 - December 17th, 2019
- Price decrease: $247.70
- Downtrend: 174 days
December 17th, 2019 - February 14th, 2020
- Price Increase: $172.71
- Uptrend: 59 days
February 14th, 2020 - March 13th, 2020
- Price Decrease: $201.72
- Downtrend: 28 days
March 13th, 2020 - July 26th, 2020 (Continuing)
- Price increase so far: $220.97
- Uptrend so far: 134 days
Idea:
I thought this would be helpful to layout the long-term trend to give people a better idea of the journey. As history is the best thing to learn from. Seeing the trends would indicate maybe the momentum of the market and seeing who is driving.
Bullish Idea: Since we broke $289, we have made a healthy climb until now. Our next target is $360, if we can get a healthy break that. It is time to find another resistance line.
Bearish Idea: We lose steam or have a hard rejection at $360, if this were to happen. It would be interesting to see how far the price will be driven down and how long. Historically, they were to take a 200-250 downturn (about 65-70%).
Conclusion: Breaking the kangaroo cycle. The only way to confirm this if our retracement were to land a healthy height over this current 597-day period of bouncing. We will not know this until this current uptrend is over. Once it is, it will be telling to see the sentiment of the market during the downtrend. To see if we have bounced out of it 😉. As always, have a great Sunday, enjoy yourself, family, friends and hobbies.
ETHUSD in the growing channelHello my dear friends!
Support the idea with likes and write your opinion in the comments.
................
ETHUSD dropped, but do not be upset because a drop means that we can buy ETH cheaper)
You have to buy From a value of 215 as there are strong volumes and the level of support and support line begin there.
ETH/BTC, buy after FB of Mirror levelYou will learn the best place where we can trade ETH/BTC at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends push the like button if you like the idea - that would be the best THANK YOU.
Thank you for your support, I Love it.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
#ETHUSD Another BEAR TRAP or SELL SIGNAL?I am grateful to all of you for supporting my work recently. OUR COMMUNITY IS GROWING.
I am grateful to every tradingview author who are working day and night to make these charts to help the community and the new followers for following me.
Let's grow together.
NOW COMING TO THIS CHART:
There's a lot of information in the chart so please observe.
The fractals show that whenever these kind of sell offs occurred we witnessed an upward rally. Take it as a bear Trap.
ETH fell into our green support area where long bids were filled.
In this chart ETH is holding the channel support so far.
The BTC pair chart for ETH also looks bullish (another reason for not being so bearish on USD pair).
85D EMA acting as a resistance so far.
CAUTION for longs:
AS LONG AS THE ETH holds the $200 Level I firmly believe It will reach $228or even $240 and the start some correction.
$200 ALSO HAPPENS TO BE A PSYCHOLOGICAL SUPPORT LEVEL.
The whole chart shows a RISING WEDGE Channel which is bearish in nature so need to be cautious.
CONCLUSION: We are LONG with two Stop losses at $198 and $191.
SUPPORT LEVELS:
200D MA : 203.50
Green horizontal support lines: $180 and $192.
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Stay safe
#PEACE