Recently, we expressed our lack of belief in the Ethereum price rally. Indeed, when it traded between 1500 and 1600 USD, we stated the price started to appear attractive again for the short position re-entry (accompanied by tight-stop loss).
Since then, Ethereum stalled and dropped approximately 7%. Nevertheless, we continue to be bearish on the pair as we...
🟢 ETH rejected from the resistance of $3000 area. ETH is now taking support at $2580-$2600 area and needs to hold this level. The first resistance is $2750-$2760 level and $2850 area. The major resistance is $3000-$3150 area. If ETH breaks the $2580 support then the next good support is the $2350 area. USE proper stop loss in your trade.
⚠ This Analysis will be...
ETHBTC chart shows that after a long downtrend, it was able to break its downtrend line in the second half of January 2020. It is currently moving in its long-term uptrend. ETHBTC has not been spared in the recent fall and has undergone a sharp correction, which has seen the price below 3,000 theter.
The ETHBTC is currently near its uptrend line. It is expected...
Ethereum - Intraday - We look to Buy a break of 2412 (stop at 2342)
Pivot resistance is at 2389.
The previous swing high is located at 2410.
Bias is mildly bullish today but we need to see a break of 2410 to confirm the upward pressure.
Our short term bias remains positive.
Our profit targets will be 2598 and 2648
Resistance: 2400 / 2500 / 2600
Support:...
HEAD AND SHOULDER FORMATION
Stoploss below neckline
eth
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you
ETHUSDT - Intraday - We look to Buy at 2126 (stop at 2049)
Daily signals are bullish.
The primary trend remains bullish.
Trend line support is located at 2120.
Previous resistance, now becomes support at 2150.
We look to buy dips.
Our profit targets will be 2348 and 2438
Resistance: 2300 / 2350 / 2400
Support: 2200 / 2130 / 2050
WAIT FOR BREAKOUT!
Ethereum buy position. Stop Loss and Take Profit is on the chart.
(PS.
All cryptos are going to sky rocket. Mark My Words.)
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