Considering the breakouts that Ethereum has had on the chart, it seems that it is going to sweep all the liquidity pools on top of the chart.
The rebuy range that has a good R/R is the green range.
Closing a daily candle below the green range will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have...
Hello 🐋
the price has started the new trend to the downside before any other huge pump and this trend should be completed ❌🧨
if
the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction ❌🧨
if
breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨
brief amount of...
For this instrument we see a reversal formation through the claimatic volume.
Subsequently, the stop of the movement through the Spring zero point, which formed the lower boundary of the
boundary of the trading range (ICE). We also observe the primary and secondary test (BTI)
which subsequently breaks through the level without any resistance from the seller.
This...
Here is my view for ETHEUR on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for ETHEUR on H4. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
here is my view for ETHUSD on H4. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for ETHEUR on M30. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The price has broken the main trend line in blue colour on 2D. The purple horizontal lines are liquidity levels - this is where the price always heads to. Keep this in mind.
The price has tested Ichimoku support (red colour line of the light green cloud) couple of times, but did not break it.
Currently the price is moving up either within an ascending wedge...
Here is my view for today's ETHEUR on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Ether started to retrace earlier in the week, following a failed attempt to sustain price action above $3,600. It became difficult to hold support above $3,500, resulting in a further deep to $3,400. correction was healthy for Ethereum , whose bulls needed to take eth to $4,000.
SUMMARY ::
Trend: Bullish
Support: $3,400 & $3,250
Resistance: $3,850 and $4,000
Update :
The white arrow candel seems like 50-50 bear vs bull could be the boundaries of consolidation zone, let's wait and see which side price will break.
The pink arrows are marked indicating a small double bottom forming near resistance, this means price tends to remain at resistance zone forming a bullish sign, looks good on long side build up, let's see if...
Right now I don't see a clear situation for traders.
At the moment ATR is over 100%, the correction has already started and we are going to go to the first and second area, after that, I will wait for the trend line creation, the break-up, and the retest of this line, and this moment can be a good point to enter the position.
Write in the comments all your...
If we take a look at ETHUSD price level, we can see that 203.20 has a strong support level there. Many movements have been rejected or fakeout at that support level but we recently see a strong breakout in that price level. This bearish movement was a large volume, breaking that strong support level as well as the trend support level (Green Line). I will say that...
