BYBIT:ETHUSDT.P 15m time frame - ETH is breaking out the bullish flag currently, we can set a right side strategy after valid retest. - Entry: Retest Add: 1271.5 TP: 1320, 1387.5, 1480 SL: 1230
Hello. After hitting the monthly base and reacting to 50% of that base, Ethereum is in an upward trend in one-hour time and it is expected to continue its decline after touching the specified high level.
ETH Should retrace down to the demand zone of the last low before the break of structure. Anywhere in the yellow box would be a good long, between the 50% line of the demand zone and the golden pocket underneath it.
After a successful distribution the momentum is approaching the final stage of development . For a successful test, our buyer must confirm its presence in the 1133-1188 range. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments....
we have just one level of resistant around the 1250$ if we didn't broke it it's mean we going to have another dip for the price towards the 917$ support then the 580$ bottom if we don't hold the above the support .
ETH is making a gratley Pattern in Daily Timeframe. now we have a bearish leg. and then we can go Upward. let's see what will happened in the near future.
2 options for entry ,waiting for CHoCH on 5-15m tf and open long or short, follow the risk management and don't forget to put stop loss
After the sot on the chart saw an uptrust (ut) and test. Which signals that the asset will fall in price. At the level of support the buyer did not hold the price, after which the shedding began. At this period of time there is no support on the chart, most likely this is not the end of the movement. If you liked the idea, please like it. That's the best...
Ethereum on the hourly is showing a slight up channel This is expanded on with an uptrend that can be drawn (in green) I expect price to hit this green line and bounce bullishly off it, as has been seen in the past This all contributes to the price reversal on other timeframes
After the release of the data on the chart, buyers held the price at 1544 and pushed it up 8.96%. This tells us that we will most likely see a continuation of local growth if the price doesn't fall below 1544. We need to pay attention to how the price will react to the approach to the level of 1661, we can see several variants of the situation. First: a false...
Wait for a retracement here for eth this is the actual .236 lvl that can be used as a nice bounce zone and itll be testing the 50 ema on the 4 hour
at the moment i am wait for a retracement to my .236 lvl of 1608.35 and that will be my long entry i wont have a sl so put your own and my tp 1 will be at 1788 and my tp 2 will be at 1873 Will cut them if the daily closes below my .236 lvl of 1608.35 Or if you want to be safe then wait for daily candle to close above
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 our...
----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price...
----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price...
The other idea & fractal that fits pretty well is this one. In the immediate short term, it would have us retrace into the 1558 demand zone and make a higher low before continuing higher. We would end up in the last fair value gap on the upside that needs to be filled, which also coincides with the macro GP from ATH. You can also take the measured move and it...
3 things happening in ETH 1. We are currently breaking out of the down trend since Dec 2021. Clean breakout. 2. Mini inverse H&S forming for a breakout towards ~$2000 3. If we break out to wards ~$2000 area we will then form a large Cup & Handle Although doom and gloom everywhere this seems like a very likely scenario to me. Would be nice to get a Santa Rally
Yesterday closed the day with a weak buying bar with a selling tail, which tells us that there is a buyer and that sellers continue to press the price. But the second cryptocurrency's price rebounded 3.5% today (at the time of writing this post). The U.S. non-farm payrolls data is coming out today (forecast 250K), which tells us of increased volatility. In order...