Ethusdbuy
ETHUSD-BUY strategyEven we are in likely a down trend, the short term seems to suggest to BUY current and below. I remain unchanged in that view today.
The stochastic is slightly negative, but RSI oversold and the Donchian support looks reasonable.
Strategy remains, BUY current $ 2,450-2,500-2,550 range for profit target $ 2,825 for now. Add after 2,325 and 2,250. Stop-loss I suggest $ 2,150 to be safe in case. Of course trading crypto requires very tiny leverage and buying into weakness to improve average is advised. Always maintain a scaling in strategy when it comes to proper averaging. I am sure you all know :) have a great day everyone.
ETHUSD-BUY strategyThe range for clearly broken, and caused a sharp fall.
We are in a likely Donchian support are and a Doji and a low RSI.
I am inclined to BUY current levels $ 2,500-2,550 and take profit on correction back towards 2,875. I would buy only very small increments and build up longs even when declining further. I suggest buying next $ 2,425 and 2,350. If done adjust profit taking to $ 2,750. The stop-loss either on financial stop % or $ 2,175 below.
ETHUSD-BUY strategyThe move down is becoming little overextended. I feel we should plateau around here, and a BUY strategy is suggested.
The Stochastic and MACD are negative, but the stochastic is little overdone and one should expect a move back.
Startegy BUY current $ 3,150-3,175 for move back towards $ 3,600. place stop-loss around $ 2,800.
ETHUSD - BUY strategyVery sorry, but we were unable to break the $ 4,000 area and we started climbing upwards.
I was wondering why the whipsaw, and thought let's look at Elliot Wave. It is a very subjective view point, but in this case may suggest what is the next move for short-term.
As long we remain above $ 4,050 area, we are moving towards wave B. which means we will see $ 5,200 handle, and from there we go south wave C $ 3,200. So for now be long and keep stop below $ 3,900 for safety dear friends.
ETHUSD - Long Trade Idea - 3500 targetETHUSD - Buy, 15m
Entry - 3400.05
Stop Loss - 3470.05 (30 pips)
Take Profit - 3500.05 (100 pips)
ethusd hold 3470.05 support today.. and a descending triangle pattern seems to be broken.. im entering a long position.. and will go to test next resistance 3470.00 and lets see!!
ETH/USD Will eth hit a new price ceiling by the end of the year?Are we still in the middle of the road, can we see more price? I have to say yes, my forecast is $ 6,000 to $ 8,000 by the end of the year. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
ethusd shortReasons :
1)touched the support level and started to bounce back(check today's candle)
2)price action analysis(check the chart)
3)yellow ema line has started to indicate down
2nd support level will be our take profit
as you can see i decreased the number of pips in profit because we want to hit our take profit perfectly without the market bouncing back