Ethereum (Cryptocurrency)
ETH, What Triggers My Trades? DivergencesI post ideas and sometimes probability happens to be in my favor.
However, sometimes my ideas don't work out and the price blasts through my entry targets.
I use a simple trigger that helps decide whether or not to enter a trade.
If you do not have a trigger, what this to see one of the triggers I use to enter trades.
This video I go over divergences.
I learned from other traders and this is one of my favorite things I have learned.
Happy Trading!
ETH AnalysisI have entered a short but I am keeping a close eye on it, could flip green on us really quick again.
RSI is overbought on 4HR timeframe, indicating a pullback is probable soon (could take a few days before we see it).
ETH touched 1518 which is currently Resistance, the 200 Moving Average on the 12 HR Timeframe
Bitcoin: 50% Correction Ahead?Hey guys,
BTC is currently descending, and a decision will be made here shortly, that can lead to a huge correction down.
=> We will look at specific areas for the correction, where one could buy lower.
We're also gonna talk about the major macro picture with the stock market, since crypto highly correlates with it.
Have fun watching! ;)
Ethereum Classic ETC #ETC $ETCHere's an update on ETC Ethereum classic.
Trying to give you these updates ASAP so that they can be used in real time.
I try and break down the levels to watch for and trade with.
Give you the low time frame and higher time frame outlooks. I know that day trading and making hourly moves and or trying to is becoming more common amongst retail. So I'm trying to help fill that more immediate need which is often a VOID for those who don't chart for themselves.
BTC & ETH - Detailed Top-Down Analysis - Day 81Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
81 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Ethereum crashing don't lose your mind, still in range.until its actually invalidated we are just ranging and coming back down to test the lower levels for support which should totally be expected given the way the stock markets as a whole have been today as well as the fact that we have plenty of FED meeting that begin Wed. and don't end until Fri.
Don't freakout it's going to be OK. Most likely just a better time to OPEN a position and or make use of trying to DCA.
You've got further support at $1250 and $1200. Not likely that it just Nukes to $600 if that's what your worried about. Depending on your position size for most people they should focus more on buying this dip rather than selling and or getting liquidated or doing so themselves. Looking forward i think we see Eth above $4500 within 12-24 months 36 tops. the next real bull run should take Eth over $5k and possibly over $7500 before a retest of the lows that in the future i believe will be $1800-$2500 at their worst and NEVER again see sub $1500. so, enjoy these prices while they last and rather than FEAR them, take ADVANTAGE of them.,
Ethereum weekend thoughtsI still say we are on track to hit $1400-$1600 ranges for a liquidity grab as well as to resolve a short-term oversold metric. However, unless we get a major change in narratives and or global economics, we are STILL in a Bear Market and a down trend.
I'm still expecting more downside going into the end of the year/next year as they finally get the U.S. absorbed in Recession feelings and maybe even by Q2 2023 begin foretelling of a possible global depression.
Trade wisely and remember to preserve capital at all costs.
IF you're not really short-term trading and looking at investing on a longer horizon as in months and years vs days and weeks. These are looking to be REALLY good ranges to begin your and or stick with your DCA strategy and or time to adopt one.
#Ethereum #Eth
Ethereum spy s&p500 #BTC Bitcoin SPXLooks like we might be able to hold the line in the markets at this last weeks test of the lows, i.e. about 3700 on the spx and in that $19.5k range of the Bitcoin. Ethereum looks to be holding the range at $1325. We wont really have direction until the markets fully open and we see what the big boys and major algorithm trading bots do with the bigger cash flows. There's a VERY good chance that we go lower today, especially this being Friday. Be very cautious with making moves going ALL in on this DIP.
Stay safe and trade Wisely and remember to preserve capital at all costs in markets like this.