bounce from the 200 Ma posible. cros of 100MA and 50 MAas i ben posting we ben batteling between the resistence of the trend line and the 100MA, we fillallly go rejected from it.
we could bounce from the 200 MA .
100 ma and 50 MA had cross.
ETH-USD
Ethereum (ETHUSD) short.All description on the chart.
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ETHUSD | ETHEREUM Beautiful beautiful beautiful wedge formingBeautiful wedge on 4H, wait for breakout and then Sell/Buy in direction of breakout.
Target is next weeks M1 Pivot for Short or next weeks M4 Pivot for Long position.
ETH USD BUY (ETHEREUM - US DOLLAR)Hi there. Price is forming a possible continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
Two Possible Scenarios on ETH/USD (ETHEREUM)4H CHART EXPLANATION:
We observe that Ethereum has been moving sideways for a few days, and now it is facing the Descending Trendline and the Resistance Zone. If this zone is broke, we expect a bullish movement towards the next Resistance Zone. And, in case this zone can hold the price, it may bounce and retest the Support Zone again. Major movements are explained on the higher timeframes below.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
ETHEREUM (ETH/USD) AT $190 AGAIN4H CHART EXPLANATION:
We observe in the 4H Chart that price is on a Descending Channel since the beggining of the Downtrend. It has recently broken the Support Zone, and did a pullback towards it to continue the downside move. We now expect a retest of the previous zone at $190 where a double bottom will be formed and may be a rejection.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
ETH/USD can touch $180, if breaks major support.If ETH/USD break current major support, we can see ETH/USD making new low. Stop loss can be placed near $230.
eth 100MA rejected testing supporteither we bounce for a strong support or we test the 200MA.
ETH at an important moment
ETH/USD getting ready for position
BITFINEX:ETHUSD
It is becoming doubtful on this way either it breaks the channel from bottom and rally downside or it can break prior key level from above and can move upwards
so we prefer you wait for some days , Let it make some confirmation then we go for decision.
This is not an investment advice just for education,
Thank you.
Ethereum (ETHUSD) short.All description on chart.
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#ETHBTCThe price of the last three valleys has hit itself;
Support and resistance are specified,
Time limit is specified;
The price is within the pattern;
Possible Bullish Scenarios on ETHEREUM (ETH/USD)4H CHART EXPLANATION:
At this moment price is facing a support zone (previous resistance zone) that holded the price many times before breaking upwards. So, it is a nice reversal point for Ethereum, and to place a long trade it would be safe to wait for a price action confirmation such a candlestich pattern.
In case this level can not hold the price correctly, we expect another downside movement towards the lower Support Zone at 230-240 and a bounce from there.
MULTI TIMEFRAME VISION:
-Daily:
-Weekly:
#ETHUSDResistance and support are specified;
The price is in the important area
The time range is specified
The price is within the pattern;
A second Chance to Buy in Ethereum...Midterm forecast:
250.00 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 71.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (250.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (250.00).
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 12 BUY trade(s) @ 211.39 based on 'Valley' entry method at 2018.09.13.
Total Profit: 112222 pip
Closed trade(s): 15112 pip Profit
Open trade(s): 97110 pip Profit
Closed Profit:
TP1 @ 264.80 touched at 2019.05.16 with 5341 pip Profit.
TP2 @ 309.10 touched at 2019.06.22 with 9771 pip Profit.
5341 + 9771 = 15112
Open Profit:
Profit for one trade is 308.50 (current price) - 211.39 (open price) = 9711 pip
10 trade(s) still open, therefore total profit for open trade(s) is 9711 x 10 = 97110 pip
All SLs moved to Break-even point.
Take Profits:
TP3= @ 348.800
TP4= @ 393.550
TP5= @ 475.300
TP6= @ 534.700
TP7= @ 630.500
TP8= @ 822.550
TP9= @ 970.450
TP10= @ 1229.700
TP11= @ 1415.950
TP12= Free
A second Chance to Buy in Ethereum...Midterm forecast:
250.00 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 71.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (250.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (250.00).
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 12 BUY trade(s) @ 211.39 based on 'Valley' entry method at 2018.09.13.
Total Profit: 112222 pip
Closed trade(s): 15112 pip Profit
Open trade(s): 97110 pip Profit
Closed Profit:
TP1 @ 264.80 touched at 2019.05.16 with 5341 pip Profit.
TP2 @ 309.10 touched at 2019.06.22 with 9771 pip Profit.
5341 + 9771 = 15112
Open Profit:
Profit for one trade is 308.50 (current price) - 211.39 (open price) = 9711 pip
10 trade(s) still open, therefore total profit for open trade(s) is 9711 x 10 = 97110 pip
All SLs moved to Break-even point.
Take Profits:
TP3= @ 348.800
TP4= @ 393.550
TP5= @ 475.300
TP6= @ 534.700
TP7= @ 630.500
TP8= @ 822.550
TP9= @ 970.450
TP10= @ 1229.700
TP11= @ 1415.950
TP12= Free
ETH go to 360
Ether goes to the short area, completing 2 wave
target 360
Enter after correction or buy pattern
Short movement on ETHEREUM (ETH/USD) by ThinkingAntsOk1H CHART EXPLANATION:
As we can observe, price is facing the Resistance Zone. It is inside an Ascending Channel, so, the first condition to take any short trade is that this channel is broken downwards. Once that happen, we will wait for price action confirmations like a corrective pattern or candlestick pattern to place our entry/stop loss. This is a short-term view , and it is only valid in case the channel is broken and price consolidates below. The macro vision for ETH/USD remains bullish, but first the resistance zone needs to be broken.
4H CHART:
ETH at a rising wedge and previous resitence,if we break it up like the two past one we will go to 300 or more,
but twith this wedge and resitence we could be in a good correction
