Ethusdtrade
ETHUSD maybe ready to shortETHUSD, like BTCUSD, is giving me the momentum candle I was looking for, confirming bearish price action....if the candle closes in this fashion! It could confirm the sellers are still in charge, and price will likely continue bearish. The fact that it is breaking back into the triangle structure is pretty telling.
Confirmation needed! No confirmation, no trade!
Check out my BTCUSD trade analysis video.
Continue shaving in the next few daysAfter reaching the blue box, you can think of buying (scalp only)
The best point to return from my point of view is $1297
In the next four hours, we have a pullback from the two areas of falling towards the targets, these areas are all pullback and collecting Sell positions
I just sold my ethereum - ETH/USD multi-timeframe analysisI just sold my ethereum - ETH/USD multi-timeframe analysis and historical backtest pattern.
the same pattern was in 2018!
and it repeats itself in 2021!
so I decided to sell my ethereum right now and follow the strategy of "W" formation.
that doesn't mean ethereum will continue down to be zero!
I'm trading not investing .. a big difference.
I just want to earn profit from this pullback.
#ethusd #crypto #ethereum
ETHUSDT Short Term Target $3000!ETHUSDT (1H CHART) Technical Analysis Update
Waiting for the Resistance breakout
ETH/USDT currently trading at $2730
Buy-level: Above 2750$ (only buy if 1h candle closes above the resistance )
Stop loss: Below $2530
Target 1: $2850
Target 2: $3000
Target 3: $3200
Target 4: $3500
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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Ethereum- Best crypto to own these days?I was bearish crypto market and Ethereum for this fact, but I said multiple times:"trade what you see, not what you think", and when it comes to EthUsd I don't see bearish price action, on the contrary.
Indeed, here also we had a sell-off, but we don't have lower lows like in Btc for example. What we have is strong reversals each time the cryptocurrency is close to 2k
More, at this point, EthUsd is trading back above 2.2k and is carving a higher low.
As I don't expect 2018 all over again in the crypto market and I think this is a deep but normal correction, in my opinion, eth is the crypto to own.
That being said, dips from this point represent good buying opportunities and we really can see EthUsd at 3k once the selling pressure lifts off from BTC.
As a speculator I'm used to thinking in risk:reward terms so:
A buy at 2.2k with a 10% SL and a target of 3k(35%) would have 1:3.5 R:R
Best Regards:
Mihai Iacob
ETH going for another round after knocked down by Double TopETH is on the recovery route and is again heading to break the Resistance between 1858-1860. If it manages to break the Resistance then next Target should be 1880 and 1962.
Lets see if it manages to reach those level now after so much of fight.
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NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely
ETHUSDT - accumulation cyclePreconditions:
- accumulation
- key level
- buy after break out
- global uptrend
- local uptrend
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade