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Ethusdidea

KEY support levels to look for a bounce in this pullback*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
COINBASE:ETHUSDLong
by CryptoRush_
ETHUSD 16% Drop was expected will it reach 400.00 level ?ETHUSD ********* ⏳4 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ Price around 450.00 and in consolidation phase 2️⃣Trading within arising channel 3️⃣ Crypto's in uptrend and broke of 400.00 level 4️⃣ 430.00 Dynamic support and resistance 5️⃣ 500.00 will acted as strong resistance-Key psychological level 6️⃣ 490.00 will Acted as strong support-Possible entry point 7️⃣ Technical support - bullish 8️⃣ 420.00 will acted as key reversal-Bullish 9️⃣ October high-Immediate resistance-Alternative bullish entry 🔟 Possible swing target-420.00 lower counter trendline #️⃣ Overall bullish trend-Within a rising channel —————-❇️——————- 📉 Technical bias-H4-Bearish Price is above 50,100,200 Exponential moving average 50 Exponential moving average will act as resistance Bear Relative strength index - well above 50 - bullish trend MACD -Turned red and felled below the signal line, Oscillators pointing downward Stochastic - Reached around 50(Neutral area) The decision was neutral here Ichimoku cloud -cloud is still green-Middle line supports bullish trend Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band —————-✳️——————- Key reversal area's 400.00 psychological level 384.00 Point of control area Volume analysis 422.00 Oct month high 332.00 Oct month low 488.00 Sep month high 311.00 Sep month low 400 50% Fibonacci retracement level 500.00 Major psychological level 488.00 Possible entry- Bear 420.00 Trendline resistance/Alternative bullish entry —————-✳️——————- Bearish entry #Etherium #ETHUSD Entry price - 488.00 Take profit 01 - 440.00 Take profit 02 - 410.00 🚫 Stop lose 510.00 ⬇️16% Drop expected ⤴️ Account growth 4.5: 16 ✅ Risk reward ratio 1 : 3.5 —————-⚜️——————- Push the like button , And cheer up if you found useful
COINBASE:ETHUSDShort
by forexorbit
ETHUSD will make another 20% drop as crypto cycleETHUSD Crypto and currency pairs are having the tendency to repeats its previous cycle. As its formed a nice wedge pattern and dropped almost 20% of its value from the key psychological level and dropped towards 313.00 level And now we can see the same kind of rising wedge pattern is forming relatively smaller than previously formed. and its broke the lower side of the trend line and leaving a strong bearish candle. We can expect another 20% drop from the 370.00 rejection level the parabolic move was expected. If have any views and opinion about this crypto (ETHUSD) comment below If you like our work give a thumbs up - Cheers
COINBASE:ETHUSDShort
by forexorbit