Th57Trader

Th57Trader

Hi dear treaders ETH breaks the roof of the downtrend channel, wait for the complete breakout and enter the buy in Pullback. If the break point acts as a support, resistance 3105$ and 3155$ are ahead. If the price returns to the specified support area, it is possible. The price is moving above MA20 and the Bollinger Bands have opened, which indicates that the...

Th57Trader

Hi dear treaders Friends ask me about the market ETH is moving in the downtrend channel. I made a small cut. Note: I limited the resistance line and also the support line to see better. If the resistance is broken, the price approaches the channel ceiling, and if the M pattern is formed and the neckline is broken correctly, the price drops to the specified...

Th57Trader Updated 

Hi dear treaders ETH has formed a bearish flag. If the price pattern is approved, it will go down to the specified support area We can enter the short position. The price is moving below the MA20 In case of failure of the pattern, resistance 2950$ and 3000$ are ahead Bollinger Bands show first support at 2907$ and further predict the probability of a price...

Th57Trader Updated 

Hi dear treaders As mentioned in the previous analysis, all altcoins are bearish because bitcoin dominance are above 42% If the daily candle closes below 2900$, you should wait for the ETH to be bearish, and the next support is in the range of 2750$ or MA200, which is in the range of 2500$. So it is better to monitor Bitcoin Dominance . Short positions have more...

Th57Trader

Hi dear treaders The H&S pattern is formed. If the neckline is broken correctly, the price will rise to the resistance of 3130$, otherwise it will pullback to the specified support area. If the neckline is not broken, we can open a short position. If you like my idea please click the * 👍 * button and comment your idea. Good luck.

Th57Trader

Hi dear treaders ETH and all Altcoins are bearish. The bitcoin range has reached above 42% and this is a sign that the altcoins are bearish. All the pivot points seen in the chart are broken and the trend line price is broken. We will most likely see support at 2900$ and 2550$. Warning : In this market, more short positions are available, but with a short...

Th57Trader

Hi dear treaders ETH has formed a descending wedge pattern. After retesting the 3300$ support is completing the template. This pattern is usually formed after an uptrend. The price within this channel must break the previous resistances step by step to confirm the pattern and reach the main targets of 3600$, 3800$and 4000$. If the price pattern fails, the price...

Th57Trader

Hi dear treaders ETH is pullback its tipping point. If it can not breakout the trend line, ETH will return until the support area is specified and we can open a short position to the support area. Good luck.

Th57Trader

Hi dear treaders The price broke the trend line and now this line is the resistance mode. We have to wait for the break of this line and after the complete breakout and pullback to this point to act as a support. We can enter the purchase. If the price returns to the specified support area, it is possible. Bollinger Bands show first resistance at 3500$ and...

Th57Trader Updated 

Hi dear treaders ETH is located inside the marked triangle. Wait for the upper side of the triangle to break, which is also the resistance of 3650$. After complete breakout and pullback, enter the purchase. The Bollinger Bands came together Compare with the analysis a few hours ago Price volatility has been reduced Supports are in line with previous...

Th57Trader Updated 

Hi dear treaders According to previous analyzes, you have seen the process of reaching ETH so far. Now ETH has entered the bullish channel. The resistance is 3650$, which is the ceiling of this channel, and the price hit the ceiling of the channel several times and came back. The support is strong at 3300$ and the price may return to the 3500$ support area after...

Th57Trader Updated 

Hi dear treaders In the 4-hour time frame, the W pattern is formed. If the neckline is broken correctly, the market has the potential to move towards 3600$ and 3700$. Wait for the neckline to break and the 3550$ resistance to break. If you do not pass this resistance, you can open the short position to the first and second support areas that have been identified....

Th57Trader

Hi dear treaders Along the downtrend, the trend line is broken and an rising wedge pattern is formed. Resistance 3450$ is ahead. Wait for the pattern to be confirmed. If the pattern is approved, the price will go down to 3177$ area and then it will go up if necessary. If the 3450$ resistance breaks, the pattern will not be confirmed and the price will move...

Th57Trader

Hi dear treaders ETH is fluctuating in a downtrend. To continue the upward movement, it must break the channel ceiling or breakout 3338$. Wait for breakout to entery, entery the purchase in Pullback. In case of return, the first support area is 3150$ and the second support area is 3108$ in the short term. The price is moving above MA20 and the Bollinger Bands...

Th57Trader

Hi dear treaders ETH is now in a suffering position after correction and retesting of 3200$ support. If the H&S pattern is completed and the neckline is broken correctly, we expect an uptrend, otherwise it will return to the specified support area in the return mode. Wait for the resistance to break or the price to return, then choose your position. If you like...

Th57Trader Updated 

Hi dear treaders According to the previous analysis you saw and this analysis is almost the same trend. The price hits the ceiling of the 3568$ channel and returns and can not break the resistance of the 3550$. The market potential and VOLUME is weak. If the resistance is not broken, we can enter the short position. In case of failure, the resistance of the...

Th57Trader Updated 

Hi dear treaders ETH is moving at the below of MA20 and the Bollinger Bands are showing resistance at 4048$ and daily support at 2897$ at the bottom. Closer support is seen in the 3200$ area and the initial resistance is 3550$. The 3350$ is not safe for entry az support zone. The best entry point is seen in the support area of ​​3200$ to 3000$ Good luck .

Th57Trader

Hi dear treaders ETH tried several times today to cross the 3567$ but was unsuccessful and returned to 3391$. This is a good distance for shorts and long positions. But be careful, if this resistance is not overcome, the price is likely to return to the support area The market does not yet have the potential and the necessary VOLUME. The Bollinger Bands have...