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DLavrov
Jun 23, 2017 5:27 PM

Ethereum Trade Examples Long

Ethereum / DollarBitfinex

Description

There are many different variants how to get trading signals from markets. But the most simple variant is using indicators. I would like to show you how we could make profit based on trading signals from Ichimoku. We have a good up trend and this trend indicator gave 6 profitable signals. I marked possible entry levels and you can see how amazing we could trade and follow the up trend. And now we have the 7th trading signal. Price is going to reverse from Tenkan line. Entry level for long trades can be above 350.000 with profit target at 390.000 level. Stop orders must be placed below 285.000 level. But note, we should be careful with long trades because the market is overbought and it can drop below 300.000 level. Long trades can be opened based on the daily and 4H charts.

P.S. If you think this information can be useful, please, like it and share. Also I will be glad to read your comments )

Comments
kash27
Still bullish?
DLavrov
@kash27, still up trend but at the same time we can see a good correction wave )
kash27
@DLavrov, I think the 5-3 Elliot wave may have reversed. It could stay in the low 200s for quite some time
xmaenx
Because it not going down yet, so it is going up now???
ETHer will suffer, full-stop.
filjur
I think it's going down to 313-316 and then a big bounce to 400-402.
DLavrov
@fjurincic, For a big bounce there must be a big reason )
filjur
ZAZA6321
@DLavrov When you have a free time will you make Ethereum Classic Chart as well please , i would like to see your opinion.

Thanks!
cryptorich
I think with the current state of ETH is not smart to buy any above 300
ZAZA6321
@cryptorich, Yes indeed!
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