At the end picture is always more clear than at middle of the cycle!
Previous picture looks that cycle is almost finish
But now looks that one more small wave missing before we can say that cycle is really complete!
Level 102 and 111 USDT is the most important ...
We are doing Analysis of ETHUSDT on Daily Timeframe .
ETHUSDT Following Pannant Chart pattern break down .
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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I think any long position in a bear market is generally a bad idea. However, we can sometimes find trades that offer potentially good upside but minimal risk with appropriate stops. Eth is now sitting on a trendline that may catch it for a little while. I think we may see one more small push down and then bounce (I do not think this is bottom so this is just a ...
It is always a good idea to see the positive things within bad times. The gigantic bullish wedge, tipping to the capitulation area makes it 1) likely to happen to fall back to the mean but also 2) likely to happen to regain momentum for a long position, back to old heights within the next 18 months.
NOTE : this only shows swing areas, certainly not the associated timing.. only prices that may matter if we head toward retracement.
Hope this idea will inspire some of you !
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-Most Important levels for ETH
$350 first step for back to Bullish zone
$530 confirm Bullish Trading
-Close below $140 weekly will lead ETH to $100/$56
-Close above $350/530 Will lead ETH to Green Days
-Where is the best buy zone?
$180/$140 are good because Stop_loss will ...
////////// I've been playing around with a new trading script using a MACD Indicator
////////// When I run the script shows that hypothetically made over 600% in 22 months.
////////// It would have take 50,000 and turned it into $314,827 dollars..
////////// MACD Indicator is set to FastLength 5, SlowLength 30, and MACDLength 9.
////////// I ...
Decent trade possible on ETHUSD. Good risk/reward = risk 30 to gain 120.
S/L @ previous swing low around 250 USD or at your own discretion, if the price goes below that, the idea breaks.
Take profit around 400 USD, +/- 20 USD.
ETH has nice accumulation in the bottom zone and we will wait for bull run in next time all guys !
2 target for middle term in the chart so you need to hold.
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This is what I see. I do think we eventually break this line - It is being comprised as i type this. If it breaks then we should move to the next line down. If it doesn't break then I expect a lot of chop. Best of luck.
So maybe it can be the start line!
If holds the previous Low
If holds the blue line
If broke the green and red line
We can say maybe the correction is ended!
We can make new buys because previous sl at 110 was reached
New Sl at 99USD TP is up to the....
Sure never use money management more than 2.5%(only less) and risk reward ratio under 1:2 if you follow my ...