Ethusdtshort
ETHUSDT - Why not take a SHORT trade?Hey Traders!
On the 1h chart, I found huge resistance in around 2920 areas, and the bullish momentum also weakening.
A divergence made on MACD and RSI as well and the price made triple top. So I found that's a great SHORT opportunity.
Entry SHORT - 2800
Take Profit 1 - 2406
Take Profit 2 - 2234
SL - Initial 2990, after that use trailing stop loss.
Risk/Reward Ratio: 2.00 :)
ETHUSDT 1HAfter failing to cross the channel roof at 4372, he moved to the 3777 channel floor. In the meantime, it once returned from the support of its trend line at 3955, which was temporary, and finally, by pulling back to the same trend line, it went to the bottom of the channel, and then continued to correct, after leaving the channel and retreating to the channel, entered the correction. Will be more and more.
I just sold my ethereum - ETH/USD multi-timeframe analysisI just sold my ethereum - ETH/USD multi-timeframe analysis and historical backtest pattern.
the same pattern was in 2018!
and it repeats itself in 2021!
so I decided to sell my ethereum right now and follow the strategy of "W" formation.
that doesn't mean ethereum will continue down to be zero!
I'm trading not investing .. a big difference.
I just want to earn profit from this pullback.
#ethusd #crypto #ethereum
$ETH - expansion to be done soon? $3400?This was beautiful expansion from the bullish pennant and the previous quarter
Somehow no 1D bear divs yet which is surpising to me
The 2.0 of the previous quarter is at 3381 on the binance perp chart and will be hit soon
I think this is likely to cap the market and maybe push it back down range bound
Ideas for the range low are highlighted across some of the wick highs
There is also major 1W bear divs brewing which was what killed BTC at 58K the first time it got there so be careful with that come Thursday/Friday, evaluate how it looks, but it may not be till next week it looks to confirm
This is 9 up candles in a row, which does call that a big flush is pending
Just remember to take profits boys!
ETHUSDT - Are we going for a correction?Hey traders!
On 4h chart, I found corrective triangle waves is about to form after completing impulsive waves. So I set a TP/SL according to fibonacci levels.
Entry SHORT - 1820-1832
Take Profit 1 - 1625
Take Profit 2 - 1555
SL - 1961
Risk/Reward Ratio: 2.16 :)
New possible deep for ETHShould we say RIP to ETH too???????
really 760???????
unfortunately, It's not me who decides the price! If the price pass 1361 (neckline for the double top ) the new deep as per the chart will be 760!
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the address of my channel is in my signature.