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...
Head and shoulder formation is forming on the 15m time frame on eth.
Entry: 3300 - 3400
Targes: 3370 - 3360 - 3350 -3340 - 3320 -3310 -3300 - 3280 - 3240
SL: 3500
ETHUSDT:- Up 40% since our spot entry.
It has been a beast way better than BTC tbh.
Currently hitting the resistance.
Let's see if it can break above the daily 200MA.
For leverage trades though. you can look at the ltf charts to get entries remember we do not long the resistance.
Let me know what you think
Thank you
#PEACE
Welcome to this quick trade setup.
ETHUSDT looks good in the given range, $2768 to $3068.
Although we need to convert the $3400 level resistance into support.
It's better to be cautious at current levels and use the DCA strategy.
Inverse H&S Formation in play.
Breakout of the neckline will trigger a rally to the $4k level.
Let me know your thoughts in the...
I have been studying the charts and there is a harmonious TA that results in return to the break out point of ETH in Dec 2020 on its initial rally,
I used the weekly rsi which has broken a year long trend and may return to bottom. This resulted in the sharp fall of ETH price in 2008 to a percentage of 94% approx.
I hope we see a bounce and we can continue but...
Etherium is in a wedge and the resistance is currently being tested again. This wedge will conclude by tomorrow morning at the very latest. Watch closely - if it makes a clear breakout in either direction, react accordingly!
Always remember that fake-outs exist - it could fall down and quickly recover. Etherium is very bullish overall so a drop down will likely...
