Look for a strong support line. It started its career in March 2020. The upper support line also plays a significant role because it starts in August.👇🏼
Now notice the intersection of these two strong lines. I expect the price to bounce off the level at which it is now and go down to the intersection of these two...
The bullish flag in the 4H chart allows us to think that the market is going to move upward. If the price breaks the upper line of the chart pattern, it will be a solid bullish signal and a new trade opportunity as well.
Also, we can use 400$ support zone and a reversal signal for buying. Because it is the key zone for the buyers right now and they try to...
Market in last 24hrs
ETHUSD saw a downtrend followed touching the lower band and moving sideways
Price volatility was high. The market moved ~3.71% between $417.86 and $402.92
Today’s Trend analysis
ETHUSD expected to see a downtrend as the price has been riding the lower Bollinger band and the band has been moving down
Price at the time of...
Hello Traders Investors And Community,
Welcome to this analysis where we are looking at Ethereums 6-Hour Timeframe Perspective, the recent events, the current formational structure, what we can expect the next times and how to possibly handle the situation properly. Since the breakout above its prior level happened this is Ethereum is coming into an important...
Ethereum is go down and the price is around of $398 USD, I entry in the market at $410 USD, we're in profit. First, I reccomend to put your break even to protect your earns right now.
So, we see that Ethereum is continue down and Ether was formed this descendent triangle, becuase remember that in Daily we see the same situation on Bitcoin that Ether need to make...
There is a resistance trendline above the key level and ETH will break it soon, it will be better to buy after the breakout.
We are in 4/4 win in ethusd I have figured out the easiest and accurate way of trading cryptocurrencies and I am happy my method is helping many other people.
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Hello to the large community of traders.
Buy position in ETHUSD because of:
1. As I told u before ETHUSD comes down and now its in its demand zone.
2. Touching the middle line of channel.
3. Rejection from demand zone + high volume.
4. Our minor trend is downtrend but our major trend is uptrend.
Im still bullish on ETH. It catches up with $BTC most of the time. However if we get to drop the blue box, shit might hit the fan as it is a key resistance turned support.
I will reassess if it breaks down, buying the support is still a good option.
I wish it didn't tank that much at this level which weakens the support, it would have been better to get a quick...
ETHUSD - It is within double zigzag up move as WXY where Y is in 4th wave of C wave of ABC zigzag as final move up. pump it up for final 5th wave once the 4th wave completed as flat like correction. It is expected to go higher up to 425- 30 as final move.
Give thumbs up if you really like the trade idea
Simple breaks and retests of key levels. Expecting this area (which has acted as both support and resistance in the past ) to act as support now. Would open positions after I get a bullish confirmation.
Ethereum/USD rate projection (October 26th through November 9th 2020)
After seeing today's bounce, we may have some serious moves guaranteed. I will come back to this later because I expect some larger bounces down to follow.
Thanks for tuning in :) Disclaimer, I am not responsible for any losses incurred while attempting to use...