Trade: LONG ETHUSD
Buy In: $121 - $122
Time Frame: 1H
Stop Loss: Close 1H candle below $119.80
Profit Potential: 59% ROE
Capital Allocation: 5%.
Note: Remember that these trades are high risk. They can generate great profits, just as they can generate a loss.
Always make sure to use a stop loss ...
#ETH has registered a pick drop of 95% from its All Time Low to All time High
Expecting the New Trendline Support to Hold around 97-98 Level. Moving my Longs Area from 111-122 to 98-111 with Stops below 79 with a potential Short Term Target of 229 & mid term Target of 353-377
This is only for Swing Traders with min 30-60 Days Hold. Not suitable for Bitmex ...
The volume seems to be kicking up quite a bit in the last couple months. We probably haven't seen the absolute bottom, but it is starting to look like the market cycle is nearing an end and we are entering an accumulation zone. Bollinger bands seem to be tightening and the RSI seems to have flattened out. Looking at Coinbase's volume it looks a little different ...
Ethereum is doomed to keep falling.
The question is: Where is the next top?
Luckily Ethereum has a fairly predictable pattern to show us the way.
Below i have listed the resistance zones in order of most likely to least likely be the next top.
These are in order of most likely to least likely.
$147: Previous top resistance.
$169: Fib resistance. (.618)
$189: Fib ...
I had been working on this chart for a long while looking for any trade setup. Took a shower and drank some milk, and noticed the theoretical Primary trendline I drew was validated with another data point, putting ETH on my radar again. The theoretical trendline is not dotted as per my usual style but is holding thus far. Let's delve into the technicals!
We are ...
this idea is gonna remain neutral for now because fakeouts are always a possibility in crypto but we can see we are about to potentially complete a right shoulder on a very ugly looking head and shoulder pattern on ethusd's 4hr chart....we can also see that the 4hr chart is once again quickly approaching a 4hr deathcross....xrp had its 4hr death cross which led to ...
Ethereum will bottom August-September 2019. The ATH correspond to level 5.235 of the pitchfork shown here. Bottom price will be around $20 which correspond to level -5.236 of the pitchfork. Just an idea, education only.
ethereum is still under pressure.
ether failed a 170 backtest.
Furthermore, there is a negative divergence in the MACD.
I assume that in the near future we will see the last bearish wave at prices between 30-50.
in the future, however, we can look forward to a moon landing =)
enjoy the way
A potential bullish advance pattern completion as price is inside my PRZ for an opportunity to buy/long this market. Could this be a good dip to buy/long? TP as seen in the chart. Trade with care and good luck!
Greetings fellows, this is my first published idea and I hope this makes sense.
Looking at the above chart you will find confluence to validate that ETH is really heading south in the coming days;
1. Bearish engulfing candles in weekly period (Weekly TF)
2. Price rejection of the daily candle at the weekly resistance level (Daily TF)
3. Formation of a bearish ...
for all my crypto fam! I personally invert in this coin for the long run, and saw a great opportunity for getting in in a good price, to ride up the wave for some profits.
We might see the ether fall back down to test back the $100 price zone before moving up to the $200. we might range in the $80 and $100 for a while before moving up to the $200.
Diclaimer: I ...