ETHO trend changes as shown by EWO and MACD signal lines at marked points. EWO forms peak and convergence point of MACD allows to create setup below:
Buy price: 0.0868 - 0.0882
Stop loss: 0.0839
Target level: 0.0950
ETHO reaches support level and is going to reverse based on EWO change, convergence point on MACD. Buy setup for that below:
Buy price: 0.0860 - 0.0939
Target level: 0.1088
Stop loss: 0.0801
ETHO trend changes. MACD wave change with convergence point in combination with EWO moving towards mark 0 shows it. Combination of all of these factors allows me to create setup below:
TP: 0.1230
Buy price: 0.0960 - 0.1020
SL: 0.0889
ETHO gives a strong reversal pattern. Reverse H&S in combination with EWO change and MACD divergence between signal lines creates a strong indication of positive trend. Buy setup for that movement below:
Buy price: 0.1095 - 0.1145
Stop loss: 0.0934
Target level: 0.1498
ETHO shows several signs of a strong entry position. Such as: EWO plateau forming, convergence point for MACD with wave increase, RSI angle. Buy setup for that data below:
Buy price: 0.1145 - 0.1183
Target level: 0.1441
Stop loss: 0.1020
ETHO hits support levels. RIght now there is a possibility to enter the market at the lowest. Expected levels to bounce up to below:
TP: 0.0885
SL: 0.0845
These levels are based on fib and Ichimoku.
ETHO approaches a point of local entry position. Main supporting factors are on the chart. To express this position better, I've made buy setup below:
Buy price: 0.0858 - 0.0875
SL: 0.0825
TP: 0.0969
THis position supported by MACD convergence point and EWO peak. Support and resistance levels were used to determine target level.
Buy price: 0.0903 - 0.0917
Target level: 0.0975
Stop loss: 0.0873
