Etherium
SELL Signal ETHUSD $179.15 - $179.50Limit SHORT Orders for ETHUSD: $179 - $180
Stop Loss: ABOVE $181.15
Target PRice : $174.75 | $173.55 | $172.20
Reason for Trade:
RSI Div.
Support flipped to Resistance
ewCount
Trend Fib: 1:1
98% reasoning: 50-50 chance of being right. I like those odds ... It's Either Going to Go UP Or Down
))
Cheers,
bitATX
Etherium ETH downwave completed ?! still more clarity neededCiao Traders !
Any help with the dilemma of the circled wave 1 and 5 would be greatly appreciated
Happy trading to all !
Disclaimer:
This is not financial or investment advice
I am not a professional in the financial or investment fields
This analysis is just for entertainment purposes
Do not follow what I do or do it at your own risk
ETH/USDT (3D) Global SituationSo, globally we are having a bullish wedge on ETH and the price entered this wedge from below. By definition "the wedge" is the pattern, where highs and lows are updating and go lower or higher, depends on what kinda wedge we have currently. So, right now if the price will break a current high, which is $223.94. Then we can expect the pattern to outplay its main target(which is around $360) since the next high won't be lower than the previous. Let's see. Good luck everyone and happy trading!
Crypto Needs 1 More CapitulationThe total cryptocurrency market cap is consolidating in a small band. Could break either way really. I expect to the downside into a support level then a rally higher to test the range high where it could bounce for a few weeks then break out to the upside. This would be bullish for Bitcoin and a number of major altcoins such as ETH and XRP.
ETH count - Did I just cracked the code ??? !!! :)Ciao Traders !
I know this view might be unpopular, but that is what I see in the chart.
Please read the comments on the chart for a full understanding of my view and see also the previous chart of ETH i posted called "down wave completed?" for a more detailed analysis of the latest down leg
Stop believing and start analyzing :)
Happy trading to all !
Disclaimer:
This is not financial or investment advice
I am not a professional in the financial or investment fields
This analysis is just for entertainment purposes
Do not follow what I do or do it at your own risk
ETHUSD Retrace Before Breaking Resistance !?Hello Traders!
Welcome to another update,
This will be a quick one on ETHUSD, potential 10% trade setup!
Points to consider,
- Bullish on 240 timeframe
- Price testing major resistance
- Stochs showing downwards momentum
- RSI reaching overbought territory
- EMA’s holding price as support
- Volume is picking up
- Double bottom wicks (bulls strong in this area)
ETHUSD has had a break from support testing lower regions around the $165 area, where bulls were then able to push price back into the now resistance zone.
Bulls are currently being faced with this new resistance, where if it is able to break, then we could see a potential 10% trade!
The indicators however do look quite bearish; the RSI is currently in overbought regions, with the Stochs showing downwards momentum. The EMA’s however is currently holding price as support but this is not enough to justify with a high degree of probability that we have further upside momentum.
It would be healthy for the price to retrace back to the trend line from here, to allow the RSI and stochastics to cool down. This will allow the bulls to have greater momentum when breaking the next local resistance…
What are your thoughts? Will ETHUSD retrace before breaking resistance?
Please leave a like and comment,
And remember,
“A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes. These people typically have a working business plan for trading because they treat trading as a business.” – Van K. Tharp
ETH/USDT (1D) Very Interesting Point for a Long Position Now.Very Interesting Point for a Long Position Now. The price is almost at the main uptrend. Targets are indicated on the chart. In case if we break the main uptrend down, then we are going to go to the lower levels. Zones of interest and targets are on the chart. Good luck everyone!
DISCLAIMER:
This is just my opinion and view of the market. Please keep this in mind and consider in your trades.
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Trading ideas are not trading recommendations - this is just my point of view. You can agree or disagree with it.
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Good luck everyone!