ETH/USDT The market looks bullish. Stop and target are specified in the picture. In my opinion, the market can have an upward movement. The downward trend line has been broken and a pullback has been added to it. #ETH #ETHUSDT #BTC #BTCUSD #LUNA #LUNC #UST
In this time frame, the price in the range of $1534 has faced strong support and formed a descending triangle pattern .which is a kind of bullish pattern and we expect the price to rise to the 0.618 and 0.786 Fibonacci ranges. Only if the price can cross the support range of $1534 with high momentum, the bearish scenario will be activated and the price will fall...
I've been re-longing every pullback, but this position is still valid, 1700 then 1855.5 ideally
BINANCE:ETHUSDT In the time frame of 15 minutes, the price broke its floor And the pattern shows that its upward movement does not have much power to go up But the main point is that there is a strong support under the price which does not allow the price to drop heavily
BINANCE:ETHUSDT Ethereum has just broken out of a bearish corner pattern And it can move up, but what is the problem? Bitcoin is not compatible with Ethereum so that this movement can continue
We've got bounces at some typical EW fib levels, so here is a potential play. With the merge coming up, we could see some bullish action. This lines up with some upside targets im seeing on Apple and AMD as well.
Eth seems ready for a nice buy move. Stick to proper risk management always
ETH is getting weak, is not able to pass MO and MH, I would sale here at 1552 up to 1560 as a second rejection with 1535 as TP , the support of channel board , SL could be placed at 1567; i preferred the short side either if we are having choppy weekend and direction is not clear.
The price bounced from $1700 resistance. RSI confirmed the price reversal. MACD histogram supports the further downward movement. But we don’t see strong sellers, and there are no active buyers too. The market is consolidating below the resistance and it gives us an opportunity to plan future trades. Bullish Plan A breakout above the resistance will create trade...
some thoughts on the week-end Assuming the move up was an impulse, it is logical to look for long entries. I don't think that the correction is over, it should be larger, and, more sophisticated, as history shows) Trade safe
as this scenario, there is no hope to see the good and powerful signal to rise again the crypto in this month, after break the trend, we should show the another bearish market, like all other stocks and cryptos. next step will be in 1500$ and other one to 1445$
Hey all traders, One of the good positions and setup for trading (in futures) is to enter after the channel lines (support and resistance lines ) have broken. Here is an example of an Ethereum mini-channel on a 4-H timeframe. A small uptrend channel in a very large downtrend channel, which we call a mini channel ( or Just I'm Call it ! ) anyway :-D As long as...
Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉 📌On the chart, the formation of an ascending channel, globally, the asset is now trading in it. 📌At the moment, the support zone is the level of $1550 and the resistance level of $1620 📌I expect further corrections are active in the $1520-1540 zone,...
Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ ▫️ Ethereum again returned to the support level of $1550. Locally, the nearest resistance is the $1628 zone (0.382 Fibonacci) ▫️I placed my buy order just below the local support of $1540 by (5% of the deposit) in long. I think there will be...
Price recently broke below the support line but it is showing slow movements at the moment. MACD is showing bearish weakness, RSI and EMAs are neutral. Price should liquidate the support line before moving up again.