Was That It For Bearish ABCD?www.tradingview.com FTX:ETHPERP
Was that small pullback it? Thats a big bearish abcd on the golden ratio. Waiting for now
Not financial advice
ETHPERP
BTC needs to take some potty break before continuing up, but...Hello everyone, I am very busy today and have not been able to spare my time to publish anything until this late evening.
As of now I am in a long position, entering from 62500 since approximately 4 hours ago. I am putting a stop profit at 62800 (just right at the blue line below the current candle) which I will increase gradually as BTC hopefully continue its upward movement
I have put some markings to better identify potential entry points for longs and shorts. No they will not be precisely in that position, but you can follow the arrows to know where it most likely will be rejected (when they are near to support or resistance channel lines)
Ideally, I hope it will move like the blue arrow path, but most likely, it will move similar to the red arrow path, all squiggly along the current blue support channel line.
Is BTC continue going to be bullish? I am not sure, its a game of probability so we can only chart hopefully every potential path it may travel to. I personally believe a correction is imminent, considering we have been climbing up non stop for 3 weeks. But I believe we can still milk some longs before the drop happens (just make sure to always put stop loss upon entry and stop profit once u start gaining)
I will end my blabber here today since I need to run again soon for a nice weekend dinner with my family. Thanks for stopping by and considering my idea, hope it can help you in some ways.
Happy weekend!
ETH WILL BE PUMP SOONeth will grow. it is bullish in time frame daily.maybe bad news this sterategy will be postpone but eth will touch target
ETH MEGA BULLISH WARNING!!#ETH
4.062 KEY AREA FOR ETH
Confirmation if that breakout , and ETH will so BULIISH THIS YEAR
will get rejected by MA200?Hi traders,
ETH has been a channel. Now, it is about to hit the upper level of the channel. But because of the low volume and that the upper level is nearly same as the MA200, I believe it will get rejected from that level. In that case, I will stop loss if the price closes above MA50. Otherwise, I am gonna hold the position until the next support level.
Stay safe.
ETH 1H BUY & SUPPORTETH 1H support is at ~$3360
Try to set some buy orders near the support zone
If ETH holds above the trendline,
the Take-Profit target would be $3480, $3570, and $3720
ETH 6H BUY & SUPPORTETH 6H support is at ~$3180
Try to set some buy orders near the support zone
If ETH holds above the trendline,
the Take-Profit target would be $3320, $3490, and $3620
ETH 6H BUY & SUPPORTETH 6H support is at ~$3180
Try to set some buy orders near the support zone
If ETH holds above the trendline,
the Take-Profit target would be $3220, $3390, and $3520
ETH 4H BUY AND SUPPORTETH 4H support is at ~$3080
Try to set some buy orders near the support zone
If ETH holds above the trendline,
the Take-Profit target would be $3220, $3390, and $3520
Are Whole Numbers Legit?When you are able to observe the patterns that occur at whole numbers (in this case 3k) your trading will gain structure and stability so let me show you how I do it.
"Consequently, these prices act as a psychological line which work well as support and resistance." - DailyFX
It's not your fault when you have taken big losses in the past, you simply may not have had knowledge of how to trade around whole numbers.
Often times you get fake guru's or courses that teach basic material you can find online. It can be easy to be tricked by these losers, but not any more.
It is times like this that whole numbers matter. Soon when this bear market is over and we go bull you will experience a different type of price action around these whole numbers.
Trust me I I've spent many years in your shoes trying to figure out certain strategies, some I have mastered and some I can still learn more. This one, I'm pretty content with.
How does it work? Well, when you smash into one of these whole numbers you will see certain patterns form such as triangles/wedges/channels and often times price will depart very strongly from these whole numbers.
Again the trading environment at the time will decide what direction the breakout will occur.
It has been proven that large institutions and governements place there trades at whole numbers!
If you want to truly understand these levels to my level then it is only available through this mechanism.
eth 8\15 updateeth has a similar structure to btc right now, with one extra addition.
it's in a 1-2 1-2 formation, which is extremely bullish.
i think these next few waves take eth to all time highs to complete wave (1) on the higher degree, from there we should in theory see a 61.80% retracement, unless it so chooses to continue expanding like it has been to date lol.
it can't expand forever though, eventually wave (1) will be in and we'll get a pretty big dip to shake some people out before resumption to our 11k upside target.
long eth at 3111
tp1: 3.9k
tp2: 4k
tp3: 4.1
ETH 2H SupportETH 2H support is at ~$2480
Try to set some buy orders near the support zone
If ETH holds above the trendline,
the Take-Profit target would be $2680, $0820, and $3060
ETH 2H BUY and SupportETH 2H support is at ~$1880
Try to set some buy orders near the support zone
If ETH holds above the trendline,
the Take-Profit target would be $2080, $2230, and $2460
ETH breakthroughMy thoughts on a possible support break for ETH.
Just starting with TA so take with a grain of salt. Let me know your thoughts so I can learn!
Ethereum (ETH) • Hitting support again but macro trends weak Ethereum still looking terrible. Didn't break major resistance levels and now retesting lower lows once again.
No reason to be bullish on ethereum while we don't see significant bounce on strong volumes but also breaking the dynamic trendlines and quarterly opens outlines in the video.
eth long setupthis is the last chance for buyers to come in, so i can't not take this trade.
buy - 1940
sell - 3000
Buy $ETH - Breaker/Mitigation Smart Money SetupPrice hit the 15 min Fair value Gap and retraced to the bottom of the breaker. that was the best time to buy. And I would be aiming for the next fair value gap above the current high. Take some profit off at the first high though.
Just simple naked chart trading. You don't need fancy indicators. All you need is how to understand what the algorithm is going to do and know the specific institutional levels.
Just My thoughts
ETH 4H BUYETH 4H support is at ~$2050
Try to set some buy orders near the support zone
If ETH holds above the trendline,
the Take-Profit target would be $2280, $2420, and $2720
Decision TimeETH has tested support on this orderblock and if it successfully breaks resistance I'm looking price action to hit the 2400 level, if that level is flipped support targets can extend to the previous high of the range at 2900. Keep in mind that ETH has it's event this month and the age old story is....Buy The Rumor and Sell The News. Take care everyone, have a great day/night!
ETH - bullish caseETH D2 - reclaimed the 100 EMA - bounced nicely from the .618 where my bids at 1800 were filled. looking for a close above the 0.5 fib level, currently acting as a strong resistance. a reclaim of this level and I believe 2700 is the next area of interest.
ETH 4H SupportETH 4H support is at ~$2050
Try to set some buy orders near the support zone
If ETH holds above the trendline,
the Take-Profit target would be $2280, $2420, and $2720
eth price upside and downsideif we lose the level in the box / black line with text were done for...
look for targets upside in the chart on the right when we find support in the box that will also be my entry to long atm still short since 2512
