Ethusdbuy
ETHUSD Full Analysis , 2 Long Setups After 4h Closure Valid !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
ETHUSD LONG - Buy Entry - H4 ChartETHUSD LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: ETHUSD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
TP - Resistance @ 3142.78
TP - Resistance @ 3321.17
PP Y1 - Pivot Point Yearly @ 2870.8033
D1 Support @ 2807.27
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ETHUSD-BUY strategyEven we are in likely a down trend, the short term seems to suggest to BUY current and below. I remain unchanged in that view today.
The stochastic is slightly negative, but RSI oversold and the Donchian support looks reasonable.
Strategy remains, BUY current $ 2,450-2,500-2,550 range for profit target $ 2,825 for now. Add after 2,325 and 2,250. Stop-loss I suggest $ 2,150 to be safe in case. Of course trading crypto requires very tiny leverage and buying into weakness to improve average is advised. Always maintain a scaling in strategy when it comes to proper averaging. I am sure you all know :) have a great day everyone.
ETHUSD-BUY strategyThe range for clearly broken, and caused a sharp fall.
We are in a likely Donchian support are and a Doji and a low RSI.
I am inclined to BUY current levels $ 2,500-2,550 and take profit on correction back towards 2,875. I would buy only very small increments and build up longs even when declining further. I suggest buying next $ 2,425 and 2,350. If done adjust profit taking to $ 2,750. The stop-loss either on financial stop % or $ 2,175 below.
ETHUSD-BUY strategyThe move down is becoming little overextended. I feel we should plateau around here, and a BUY strategy is suggested.
The Stochastic and MACD are negative, but the stochastic is little overdone and one should expect a move back.
Startegy BUY current $ 3,150-3,175 for move back towards $ 3,600. place stop-loss around $ 2,800.






















