I currently see a very high risk to reward trade on ETH, we have a nice 1 hour refined block in a 4 hour orderblock. Nice flip on liquidity since FOMC. Im entering this entry at 100x LEVERAGE ENTRY: 1270 STOP LOSS: IF PRICE CLOSES BELOW 1265 ON THE 5 MIN TF CLOSE POSITION TP1: 1282.8 or 1% RAW TP2: 1333 or 5% RAW
Okay so when we have a look at the chart we can see that the price is not moving much these days. What we can see now is that the price has not gone below a small time frame support now and that we also have a possible ascending wedge happening. I think that this could be a valid ascending wedge because we got at least 3 times that the wedge was touched and did...
#ETH UPDATE. #ETH has bounced back from the double bottom after the breakdown from the ascending triangle Longs will be open only if eth closes above the red box resistance on daily,however on losing the purple box support eth will test the green box support area .
As I said in my previous analysis, as long as 1100 is intact, Ethereum is bullish. The structure for the coin is becoming more and more clear and bullish with a confirmation of a double bottom in place once we have a daily close above 1300. In such an instance 1500 is my first target, a level given by the horizontal resistance and the measured target for the...
The accumulation continues. The price is near the local highs. Most likely, we will try the highs after a correction and a test of the buyer's zone of interest, which is in the range of 1077-1131. If you resume the purchases on the chart, there is the volume, the result and the progress. We expect the completion of the correction before entering the trend....
If ETH breaks the resistance at 1230$, we should see a move towards the next key resistance which is at 1290$ . Currently the price remains in the mid of the range. Pullback to the bottom of the range is still possible. 2 scenarios visualized on the chart. Break below the support (green line) would be an invalidation . Stop loss in place is highly recommended ....
ETHUSDT : If Price break Red TrendLine , we Can see a good movement. So you can check it for break and trade
Trading Setup: There is a Trading Signal to Buy in ETHUSDT Ethereum. Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 1173.00 ⭕️SL @ 1147.00 🔵TP1 @ 1263.00 🔵TP2 @ 1335.00 🔵TP3 @ 1445.00 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked...
I know that its not fashionable right now to long but I think longs are favourable right now LTF Disclaimer : not financial advice.
Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the ETHUSD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In HTF...
This week, we will stick to the 4-hour time frame to analyze the price action in detail! Just like Bitcoin, ETH has not been able to recover significantly from the lows it hit last week. After the sell-off, it tried retracing back to the resistance at $1,280, however, the price was rejected which indicates that the bears are stronger than the bulls at the...
Alright here is the thing, there are plenty items suggesting that ETH #ETH can potential break to the upside. We are looking at the 1 HR chart here: - Falling Wedge 1 worked great along with Falling Wedge 2. - Do you see a Falling Wedge 3 forming with a potential upside? The only contradicting item is that currently BTC #BTC as posted previously is shown signs of...
After the test of the buyer at the price of 1168 there is no progress and volume, the price failed to break through the local maximum, which tells us about the possible further decline in the price or we can expect a retest of the buyer in the range of 1111-1133. On the chart there is a buy zone, from where we can see a resumption of buying, if the buyer does not...
Hey trader, As you can the price is currently bullish running in the head and shoulders accumulation phase, and above the 50 and bullish crossed short-term MAs. The pattern expects a 3-level uptrend, and the MAs expect a retest/bounce on the 200 MA (that's visible on the MT4 chart) as well as the short-term MAs trend. This bias will be fully confirmed once the...
Solid trend line in white is acting as a support line for ETH at current Price from here can either hodl this support or reject and fall down further This earlier support structure is absent on BTC's chart on this timeframe, which is also interesting
The buyer was tested at a price of 1168. From where we can see the sales absorption on the increasing volumes and the spread widening, this formation tells us that the strong hands at the moment are interested in the growth of the asset's price. Thus, for 21 days we can see the price of the second cryptocurrency at 2000 for one coin. If you liked the idea,...