ETHUSD reversed from resistance and breakout of daily ascending trendline and support zone. Price has been retracing the sell-off and currently retested the swing level correctively. Price has the potential to move lower toward the support zone at $250 once we breach the green lines and flag channel. Keep your eyes on this! Previous Update:
ETh is close to a resistance and a fall is anticipated to at least the $400 region support before a long
H4 On D1, the cloud is directing upward, indicating an uptrend. Conclusion: Locally, we recommend buying when the RSI reaches an oversold level on the H4 near the Fibonacci level of 50%. H1 At H4, the cloud is directing downward, indicating to price correction. The RSI of H4 is in the middle of the range.. Conclusion: We recommend buying when the RSI reaches an...
ETH 3 pin formation on 4 hourly (head and shoulders on lower timeframe). SL 5-10 pips above high, TP at reversal zone/ 78.6% fib retracement.
H4 At D1, the Ichimoku cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1. Conclusion: We recommend buying when the RSI reaches an oversold level on the H4 and selling when the RSI reaches the overbought. H1 At H4, the cloud is directing downward, indicating a downtrend. At H1,...
Ethereum is currently trading in a Important Resistance area! If it breaks upside the resistance it will go more higher up to 290$ 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...
ETHUSDT Shrot Trade ! Risk/Reward Ration : 1: 3 Profit Target : 6% Stop Loss : 2% 👍
Ethereum is trading inside a bearish channel, now price is near the resistance of the channel | If price can't break through the Resistance and can't stay above the trend resistance then we can consider initiating a short a position. The trend is already bearish. Risk Reward Ratio (RRR) = 1 : 4
If we take a look at ETHUSD price level, we can see that 203.20 has a strong support level there. Many movements have been rejected or fakeout at that support level but we recently see a strong breakout in that price level. This bearish movement was a large volume, breaking that strong support level as well as the trend support level (Green Line). I will say that...
I think investors should pay attention to death cross that took place in Ethereum a while ago, in this context, the possibility that the trend might reverse for Ethereum should not be ignored.. Death cross can have an effect like a short upward movement firstly and a deep correction phase for a long time.. In the technical indicators, the T3 curve may return to...
Ethereum is trading inside an ascending channel for more than a month but there is a main downtrend and this will act as resistance now and there is a main Horizontal Resistance area of 192-200$ and price is near a Pivot Resistance. So, we can say Ethereum is trading in a very strong Resistance area so a minor correction must occur in this level. RSI bearish...
If breaks downside sell, If breaks upside it will make new high.
Please support this idea with LIKE if you find it useful. There is still downside potential
i see ETHUSD heading for a sell to price $185 region but we might see a small distort at price $200 see previous analyisis tagged below see how well we have been doing,follow me to get more updates
Title : ETH/USD SELL SIGNAL Entry Price 1 : 268 Entry Price 2 : 272 Stop Loss : 276.90 Take Profit : TP 256 TP 2: 246 TP3: 236 TP.4 231.50
Title : ETH/USD SELL SIGNAL Asset : CRYPTO Symbol : ETH/USD Type : Market SELL Time Frame : H4 Entry Price 1 : 238.00 Entry Price 2 : 240.00 Stop Loss : 244.19 Take Profit : TP 233 TP 2: 228 TP3: 219 TP.4 208 Tp.5 194 Status : active
Above current market levels, traders see the 225.78 level as being an upside price objective with Stops likely in place above this area. Traders are interested to see how the market reacts around the 196.19, 195.32, 188.92, and 187.51 levels during pullbacks. Additional upside price objectives include the 224.71 area. Chartists note that price activity is...