ETH 4H DivergenceBullish divergence on the 4H chart, this may result in a short term upside. My 'bait' wick analysis was incorrect, and i apologize to anyone that entered a trade. I will link it. This divergence shows promise for the short term, and margin / leverage traders however. Fortune favors the bold! Currently analyzing the success rate of these divergences.
Ethereumbitcoin
Don't miss the great buy opportunity in ETHBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0223). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Take Profits:
TP1= @ 0.02464
TP2= @ 0.02750
TP3= @ 0.03519
SL= Break below S2
ETHBTC: Same setup - Same profitLooks like the same setup could play out for ETHBTC . I don't think that we'll quickly recover and head to new heights after this dreadful fall.
I'm going to short pullbacks to the 0.025 zone with more wide or more conservative targets.
Information is just for educational purposes, never financial advice. Always do your own research.
Don't miss the great buy opportunity in ETHBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.023). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Etheremun/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 86.
Take Profits:
TP1= @ 0.0249
TP2= @ 0.0280
TP3= @ 0.0347
SL= Break below S2
Don't miss the great buy opportunity in ETHBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.023). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Etheremun/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 86.
Take Profits:
TP1= @ 0.0249
TP2= @ 0.0280
TP3= @ 0.0347
SL= Break below S2
Ethereum RepostI have to emphasise the potential returns on this investment by reposting this, Ethereum is currently in a great spot both technically and fundamentally for 2020, I believe the 0.618 fib line will be hit as per retracement from local top of 2017s bull run. As you can see there are three clear dips, the third being the largest.
ETHUSD | Rejected by R4Please support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 170.28
TP - 158.38
SL - 173.50 (Slightly above Pivot Resistance 4)
Reason: The price was Rejected by R4 and can return on lower resistances for correction. THough it is a Risky setup, because overall the price face an uptrend.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
ETHUSD Breakout patternSmall fibonacci retracement within the downtrend, price has setup for a nice bullish reversal, with an inverse head and shoulders signalling this. Low, and higher lows clear, stop loss also listed for those entering this trade. Green fractal indicating possible movement pattern.
Eth MomentumIncreasing upward pressure within the downward channel, (1,2,3,4). Log trend shows a rapid decline, which may result in a short term rebound. Constant rejections at the downward trend line. My advice is to make a fundamental analysis regarding ETH and enter your position based on your perceived intrinsic value. My current evaluation for Ethereum is $300 Long term.. for anyone curious. 4Hr chart.






















