Last week’s major sell-off saw ETH/USD experience one of its most dramatic sell-offs ever, a move that exacerbated the downturn from the 290.00 area that began in February. Traders exited long positions and decoupled from risk associated with ETH/USD and a series of major Stops were triggered during the crushing move lower at many levels. These price areas included the 177.39, 161.62, 154.03, 133.40, 130.67, 105.18, and 101.76 levels. Additional downside price objectives include the 111.69, 103.40, 95.66, 90.00, and 80.60 levels.
MavRich Premium Signals (Faris Issa)
Title :ETH/USD BUY LIMIT ORDER
Asset : Crypto Symbol : ETH/USD
Type : Limit Order
Time Frame : 1Month
Entry Price 1 : $96.68
Entry Price 2 : $82.50
Stop Loss : $72.68
Take Profit 1: $120.68
TP 2: $132.50
TP3: $140.50
TP.4 $160.68
Price activity is nearest the 50-bar MA (4-hourly) at 158.83 and the 50-bar MA (Hourly) at 120.51.
Technical Support is expected around 100.15/ 95.66/ 80.60 with Stops expected below.
Technical Resistance is expected around 125.08/ 133.37/ 140.95 with Stops expected above.
On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.
On 60-minute chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage
MavRich Premium Signals (Faris Issa)
Title :ETH/USD BUY LIMIT ORDER
Asset : Crypto Symbol : ETH/USD
Type : Limit Order
Time Frame : 1Month
Entry Price 1 : $96.68
Entry Price 2 : $82.50
Stop Loss : $72.68
Take Profit 1: $120.68
TP 2: $132.50
TP3: $140.50
TP.4 $160.68
Price activity is nearest the 50-bar MA (4-hourly) at 158.83 and the 50-bar MA (Hourly) at 120.51.
Technical Support is expected around 100.15/ 95.66/ 80.60 with Stops expected below.
Technical Resistance is expected around 125.08/ 133.37/ 140.95 with Stops expected above.
On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.
On 60-minute chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage