Last trade I have set up a long/short trade that made me 3% despite the 1% loss when my long position flipped short. Ethereum has hit my exact short target. Ethereum has been struggling against the 212.80 resistance for a while. Right now we have an inverse head and shoulders pattern on the smaller timeframe so it is a good place to long. Have a stop below the...
Ethereum is testing previous support which is now resistance. Unless Bitcoin breaks 6900, there is almost no way we break through. Therefore, we may start shorting. I have called long Ethereum ever since 215 and short near the 240 area. While we are above the 240 area now, when Ethereum is 150 USD, any short above 200 will be very profitable. I cannot predict...
I am currently up 3% on my Ethereum long from 215. I have tried my luck shorting the pump on an alternate account but got stopped out. If I held my short I would have been in profit, but it is important to manage your risk correctly or you will not succeed over time. It looks like we may retrace to 220, which would be a good place to long. If we do not hold,...
Ethereum has broken through 198 causing us to long in the last trade, hitting our first target on Bitmex. Currently price looks weak so we may have a short entry below 214.7. If price breaks a certain area, it signifies strength and triggers a long. Short 207 USD Stop loss: 215 USD Long: 215 USD Take profit: 222 USD Thanks for viewing! Please view my past...
This trade is a redone version of the last failed trade that triggered a stop loss. Last time there was a bearish pennant while this time Bitcoin has bounced off the buy walls twice during high selling and Ether has broke a buy fractal indicating it may want to rally higher. When you are scalping in the lower timeframes, it is quite risky. However, one win will...
Ethereum has formed a double bottom on the 15 min timeframe, so we may long here with a stop loss at 200 due to a possible stop hunt below 202. I believe we will rally to 212. There is also a very slight chance of rallying to 232 USD based on past BTC patterns. Long: 205 Stop Loss: 200.35 Take profit: 212.7 232 237 Thanks for viewing. I read all comments and...
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#ETH (ETH/BTC) Buy : 0.0310-0.0315 Flash Sell : 0.0330 Short Sell : 0.0360 Long Sell : 0.040-0.046 Stop : 0.030 Follow me for more signals daily PM me if you need help or learn to trade
ETHBTC the classical double top with the small rising wedge.
Ethereum has dropped below 220 and is currently trying to retest that level. However, the price looks very weak and has a high chance of testing 200 before rebounding or falling through. I have come to this conclusion after testing previous fractals and doing fib analysis. Therefore, we may short Ethereum. Short: 219 USD Take profit: 203 USD Or alternatively...
This idea is a little bit different, and will be looking at the smaller timeframes. So far Ethereum seems to be weakening and failed to push higher. I can see it drop around 3%, which would make it a good scalp. Currently waiting for confirmation. On the 5 min timeframe, Ethereum dropped below the cloud following a bearish TK cross and now has successfully...
Ethereum has been one of my biggest winners this past month, and I have been shorting it since 300. Right now there is no evidence we have yet reached the bottom, and despite the correlation between Ethereum and Bitcoin, Eth has been slowly declining. I believe Ethereum will reach 150 USD and my long term target will be 110 USD. Right now we are looking at a...
ETH is really weak, next support is at 150 and then 130 should come next.
ETH has well and truly fallen off its 3 year trend (entire lifetime). Only real support lies at 2016 levels. Option: short
Welcome! I've been learning/praciting technical analysis for awhile now and have recently learned a lot about price action. I plan to publish my thoughts at least once a week. My goal is to practice, improve, learn and hopefully share some knowledge with the community. Please feel free to challenge and question me (respectfully). This is also not financial...
ETH came back in its previous bearish channel after this surprising short squeeze; but the trend seems to follow back the fractal: this pull back make me strongly believe ETH will dump until it bounces on its main daily channel (black lines). So, why such a dump until this level? Look closer at the BTC/USD chart: BTC maitains its level since 3 days as ETH has...
Ethereum re-entered the exponential growth channel recently. White line represents ETH mean. If price breaks below channel, then it signals that the tech has fallen into the chasm and unlikely to progress towards adoption. The rate of adoption is too low to consider a move away from long-term exponential trend to logarithmic growth yet. This occurs at peak...