Hi all, After our successful long from ~ 1630 to ~ 1730, we are now more comfortable in declaring the current situation as a Triangular formation. See all explanation in chart :-) Do not go all in, I don't have exact targets nor stop-loss for this trade yet. It is possible it could fake out to the top due to thin order books. So, stay relaxed... Keep in mind,...
We may do some bull trap here or we could break downtrend line! This is one very risky trade. I'm long from 0.0165 target is 0.0178 if downtrend channel resistance is broken and big buying volume comes in. Confirmation is closing daily candle above 0.0174 Target can extend up to 0.019 beware we are still within downtrend Stop loss 0.01630
We are heading towards 200 EMA line, that is a fact! Time is the only problem here, we may hit there next week or We can do boring sideways and take more time before we hit target, this could lead to red line and channel getting broken then trade is compromise, so stop loss is 1760-18 or 100 EMA TARGET IS 0.0112-0.012 Thanks for watching.
I'm shorting all from 0.022-227 My stop loss would be 0.023 Target destination 0.013 Beware, it could stay around 0.0180s then get back up and even break downtrend.
Hi All, After our successful long position from 1540 to 1750, we are now going to short. Because we are still in massive Behemoth down-trend, we will have two targets for our short. One medium-term, one long-term. Entry: 1730-1760 1st tgt: 1520 2nd tgt: 1124 Stop-loss: 1850 -> I believe the upside is limited from here. Anyways, 1850 would break major...
Hi all Followers, Today we are going to take a long position with a very nice R/R. Entry :1540 Target: 1900 Stop-loss: 1500. There have not been many opportunities lately in ETH from TA point of view, other than the long-term short I posted in Behemoth analysis, up until now. TA: A strong bottom at 1500 has been found and established, turning...
We might get the bounce to 244 after all (the next leg in the Huge Bat idea) tight SL below the tweezers @ 0.0170.
I'm still maintaining my original target of 0.01400. Once price hits this level I will start looking for long opportunities. I did add a couple of potential zones to get short if you missed the main move. Good luck trading out there.
Monitor price action from here onwards, we have 2 more 2 day bars left. If we don't have a new low, we might form an uptrend continuation setup. Going long from this level might be a good opportunity (I'm already in from a bit lower, but it was a riskier entry). Risk a 15 to 25% decline for a potential rally to 0.075 in the coming weeks. If interested in...
It probably goes straight to higher levels, maybe even breaking the red down channel directly
My first Fibo Circles chart, ETH seems bullish with those...
ETH 4h + Fibo + Trend Lines. Possible Positions: Long from 0.01940 ( or choose ) at least until 0.02070 or higher ( or choose ) but put stop limit at least 0.01860.... All this for a quick scalp, take care and good luck...
ETH Daily Chart with Fibonacci and Old Uptrend Line, Take Profit at 2070, Put Stop Limit 0.01860
There hasn't been any noteworthy news for Eth that would cause it to break above the upper trend line since 0.036
Hi guys, A quick chart! Our Behemoth short is still valid. Looking at the recent development, I feel confident enough to pronounce this as a good short opportunity for those who are not short yet. I myself have added a considerable amount of shorts at 2250. The trend line is holding. It's breakout is our hard stop-loss. (In Behemoth I marked it at 2250 price...