Ethereum Trade Idea from my Advance Ta SkillsHello Everyone,
Today we gonna talk about this High probability setup for Ethereum taking the Relatively Equal highs at 1350 Plus minus and then will look for sign of weakness to load our shorts around there
Confluences we have got in this area.
1. REQHS
2. VAH
3. IMBALANCE
4.GOLDEN POCKET OF RANGE PROFILE
5. LONGS COMING in In this area in our EXO Footprints which is a red flag for trapped longs.
we have more confluences but thats for our lovely members only.
Disclaimer :
Only paper trading, dont over expose your self to high risk, this information is only for entertainment purpose.
regards,
Hedgers
Ethusdtperplong
🔃✅💲Short term reversal for $ETH confirmed! #Ethereum 🚀🔜✅This chart is meant to show the confirmation of the reversal in the $ETH price. This is shown on the BYBIT:ETHUSDT chart, because of the higher (more speculation based) trading volume. It is currently showing strong confidence in traders for #Ethereum.
As shown, during the downtrend that $ETH has been in, there were multiple closes below the lower Bollinger band. These each signaled further $ETH price suppression at the time. After finding a possible bottom, then ranging sideways in what is now the current range of support, $ETH price finally broke out above the top of the range. This is very likely due to a short squeeze, however I believe that it being in conjunction with the recent bounce in $BTC and other cryptos, has allowed for confidence to be restored in $ETH price growth(at least for the short-term). Breaking above the range, with very tightened Bollinger bands, $ETH price managed to close above the upper Bollinger band multiple times. This is the first time this has happened on the daily chart since we had one (very brief) close above it, in October last year. To me this signals a (possibly very strong) reversal for #Etherem.
Going forward, I would personally expect a move up to the current strong resistance level around $2,100-$2,200, then a retest of the previous range-high/resistance, flipped to support. After that would be when I would assess everything to see if this confirmation truly has the merit that I personally believe it has.
Any strong close above $2,500 would be a very strong confirmation of this theory, and a close below $1,100 would possibly invalidate this whole theory.
**This is all my opinion, based on chart data. This is not financial advice.**
ETHUSDT , Its time to be ready for buyingHello everybody
According to the chart , you can see the price break the key point level and when the key point broke , the trend will change to the upward and now we should be ready to buy and take long position to the the target that we shown on chart .
At first guys check the chart in lower time frame like 15min and 5 min then take signal like hammer or break trend line or ... then take in position until the target reach and dont forget use stop loss guys
Good Luck
Abtin