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Ethusdshort

Anybody Seeing This?Given the strong rise in crypto and the stock markets... it seems be logical to move more upwards. 📈 However... that could also be a reason for stocks and crypto to go down. 📉 Whatever the case. We NEVER know for sure. 🤷‍♂️ That's why we place our bets along trend lines, and support and resistance levels. 💵 The flag pattern ⛳ you see here is a classic one. We can expect prices to rise when the price breaks the resistance. On the other hand can we expect the prices to fall when it breaks support... Both are good possibilities to happen. Look for trades with high reward and low risk ratio. You might still lose some trades. But over time you will be making consistent profits. 💰 Be patient... be relaxed... and pray for making the right decisions. 🙏
by AqtiveTraders
2
Ethereum: Analysis using Ichimoku 08/06/2020H4 The price has tested the Ichimoku cloud, pointing to a local correction. Visually, you can see the correction model in the form of a triangle. RSI is in an undefined state. Conclusion: We recommend buying from a key Fibonacci level of 76.4%. H1 The price is trading in the range, fixed above the downtrend line and the Ichimoku cloud. RSI is near the overbought level, which indicates the imminent start of a local correction for the formed initial impulse. Conclusion: We recommend buying from key Fibonacci levels of 61.8% and 50%. Good luck!
BITSTAMP:ETHUSDLong
by QubitLife
Ethereum Reached the Important Level, It's time watch this levelEthereum is currently trading in a Important Resistance area! If it breaks upside the resistance it will go more higher up to 290$ But, If Ethereum can't break through this resistance and breaks the trend support, we can see Ethereum again in 150-160$ level. We can also see a bearish divergence in RSI, it's not fully confirmed yet! We need to see how the today's candle closes! I will update this in future seeing the market! Please hit the like button and comment your thoughts! 👍👍👍 :) Stay Tuned;
COINBASE:ETHUSD
by tapasdhanadana
1
ETH/USD - shorts from level) The air gives mixed signals to the market. On the one hand, there is a local crossover and the signal is bullish, but now Bitcoin and Ether are pressed against important resistances within the patterns. Still, I hope that there will be a breakthrough of resistances. I will try a new buy locally on the pullback. If I move from the current one, I'll look at the situation. Push ❤️ if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
BITFINEX:ETHUSDShort
by Valeriia_Top
14
ETH/USD - an important zone.Yesterday's prognosis paid off with an upward turn. That exit was without me. They wouldn't let me come in. You can see in this analysis: The levels are taken from yesterday. There was a way out, but we couldn't test the level. I certainly wouldn't go long with the current levels. Short is risky. The plan is if we hold on to the yellow zone. We should count on going to the top level for $253... There's a second option in my head. Push ❤️ if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
BITFINEX:ETHUSDShort
by Valeriia_Top
13
ETHEREUM TO CONSOLIDATE ITS BULLSHello everybody, here's another ETH update after the last one followed the trend perfectly and brought more than 10% profit in just two days! So please keep supporting my ideas by LIKING as it motivates me to post more killer setups in the future. Thanks. We are going to use the same strategy we used last time out so if you know nothing about it please read my last Ethereum trading idea. This coin could as well still be in an uptrend on broader term but its recent market behavior suggests that it looks to consolidate first on the short term. And we intend to profit on just THAT. Observing the 4-hour chart we note textbook conditions for closing Longs and amassing Short positions. But be very careful, as crypto tends to promise roses and give thorns! Currently we have two market conditions validating taking a Short as much safer as opposed to Longs. First of, ETH has veered into overbought territory on the 4H chart. In addition to this, the candle where the RSI (Relative Strength Index) started pointing downwards after first being overbought closed at a perfect distance from our reference indicator the 120 MA (Moving Average). What does this actually mean NOW? Ethereum could find it very difficult breaking and fixing at $230 or higher. Therefore, If one would be considering opening a short and factoring in the 3% retrace, $220-227 is the ideal range for entering this kind of trade targeting oversold conditions as the exit. While it might look to some too risky shorting Ethereum here, booking Longs that are in profit at $220 or higher certainly wouldn't be anything short of wise for a trader to do. Consolidation. Keep encouraging my work by hitting the LIKE button. Thank you.
by triquista
1