Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/02/22Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins!
Market Overview
Price Action: After establishing an ATH @ $2042, ETH has lost some steam. Even as Bitcoin broke out to new alltimehighs, ETH remained stagnant.
Chart Patterns: N/A
Areas of Interest: The area(s) of interest for me are the ATH @ $2042. Once price reaches one of these areas, I will monitor for entry confirmations. If the entry confirmations are aligned, I will take a trade and share the my trade in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading:
Long Trade Setup #1: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to $2042 and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $2042, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
My Recent Trades
2021/02/21: I entered a short @ $1,970.0, with Stop Loss @ $1,868.6, trade is currently ongoing.
2021/02/20: I had a winning trade! I entered a ETHBTC long @ 0.035325, with Stop Loss @ 0.034577, and price reached a high of 0.036682, giving a risk reward ratio of 1.8:1. I entered another trade ETHUSDT trade long @ $2,003.1, with Stop Loss @ $1,965.6, and price reached a high of 2,022.0, giving a risk reward ratio of 0.5.
2021/02/07: I had a winning trade! I entered a short @ $1,605.00, with Stop Loss @ $1,628.14, and price reached a low of $1,563.9, giving a risk reward ratio of 1.8:1.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
Ethereumanalysis
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/02/20Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins!
Market Overview
Price Action: ETH has been consolidating while Bitcoin has been rallying, lagging a bit behind at the moment
Chart Patterns: N/A
Areas of Interest: The area(s) of interest for me is the price level of $1955. Once price reaches one of these areas, I will monitor for entry confirmations. If the entry confirmations are aligned, I will take a trade and share the my trade in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading:
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price has tested and is bouncing off of the 200MAs, and now needs a strong close above $1955 to confirm continuation of the bounce.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
My Recent Trades
2021/02/08: I had a winning trade! I entered a short @ $1,605.00, with Stop Loss @ $1,628.14, and price reached a low of $1,563.9, giving a risk reward ratio of 1.8:1.
2021/02/04: I took two trades, one winning trade and one losing trade. I first took a long @ $1,645.0 which hit SL @ $1,583.3. I then took a long @ $1,614.4 with a SL @ $1,596.5, and price reached a high of $1,623.3, giving a risk reward ratio of 0.6:1. 2021/01/30: I had a winning trade! I entered a long @ $1370.5, with Stop Loss @ $1352.3, and price reached a high of $1390, giving a risk reward ratio of 1.1:1.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
CountOnCrypto - Ethereum Forecast - 19/02/2021Good afternoon, it's not normally this late in the day that I post my BITSTAMP:ETHUSD forecast but here goes nothing!
I am expecting a short term re-test of the previously formed support level, I will open a long position from around here and expect to close somewhere near the upper resistance line of the current channel we're in. Don't be afraid of a retracement, take advantage of the possibilities that follow and watch from a safe distance.
This would of course be invalidated if we were to re-test and break the all-time-high at around $1955, we previously smashed my price target of $1920 from my analysis on the 18th of January 2021. Once we broke the dotted Fibonacci line Ethereum's rocket boosters activated.
It's important that we pay close attention to what the MACD and Stochastic indicators are telling us, my tip is to back-test similar levels using a horizontal line and see the results.
As always, thank-you for following me and my analysis; I hope that I help every single person that reads these charts and teach them at least something. Please feel free to follow me for more, comment below and like this idea! I will make an effort to reply to comments. Please use risk management when trading, it is essential that you practice and do your own research before risking any money on the market.
Fighting hard against Parallel Channel*CHART UPDATE
ETH is still fighting hard against the upward of parallel channel .
Daily candle closing above it will skyrocket the price.
ETF + institutionals is pushing price hard.
No selling pressure.
I still believe in my $4~5k+ target in long term, but ETH need break this channel first.
ETHEREUM FALLING SOON hello traders ,
Welcome to my price forecast Ethereum/usd.
Ethereum is moving inside upward channel.
there are basically three types of channel directions,
one is upward slopping channel which 80 - 90 % of the time break downside
second is downward slopping channel which 80 - 90 % of the times break upside .
third one is side ways which means market unable to decide the direction and
we can trade inside channel with the help of price action.
now what is price action ?
price action is vast topic but it include candlesticks, support resistance, moving average etc
so here we see in Ethereum price is in upward channel and hopefully it will break downside .
our target is at support level for now .
and we also see bearish divergence which confirms its upcoming fall.
safe entry is after blue line break.
Thanks for watching my idea , have a green day ..
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/02/10Hi guys, if you like this post, please support me by clicking the like and follow buttons and leaving a comment! Thanks!
I will be sharing the trades that I take in real time, follow to see how my trades work out!
Also check out my daily analysis on Bitcoin!
Market Overview
Price Action: After hitting a new ATH @ $1822, ETH retraced a bit and is now knocking at ATHs again ready for a potential explosive breakout.
Chart Patterns: N/A
Areas of Interest: The area(s) of interest for me are the 200MAs @ $1720 and the ATH @ $1822. Once price reaches one of these areas, I will monitor for entry confirmations. If the entry confirmations are aligned, I will take a trade and share the my trade in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading:
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $1720 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Long Trade Setup #2: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to $1822 and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $1822, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
My Recent Trades
2021/02/08: I had a winning trade! I entered a short @ $1,605.00, with Stop Loss @ $1,628.14, and price reached a low of $1,563.9, giving a risk reward ratio of 1.8:1.
2021/02/04: I took two trades, one winning trade and one losing trade. I first took a long @ $1,645.0 which hit SL @ $1,583.3. I then took a long @ $1,614.4 with a SL @ $1,596.5, and price reached a high of $1,623.3, giving a risk reward ratio of 0.6:1. 2021/01/30: I had a winning trade! I entered a long @ $1370.5, with Stop Loss @ $1352.3, and price reached a high of $1390, giving a risk reward ratio of 1.1:1.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/02/09Hi guys, if you like this post, please support me by clicking the like and follow buttons and leaving a comment! Thanks!
I will be sharing the trades that I take in real time, follow to see how my trades work out!
Also check out my daily analysis on Bitcoin!
Market Overview
Price Action: After hitting a new ATH @ $1775, ETH has been consolidating near the highs, indicating potential breakout.
Chart Patterns: N/A
Areas of Interest: The area(s) of interest for me are the ATH @ $1775 and the 200MAs @ $1650-1670. Once price reaches one of these areas, I will monitor for entry confirmations. If the entry confirmations are aligned, I will take a trade and share the my trade in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading:
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $1650-1670 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $1775, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
My Recent Trades
2021/02/08: I had a winning trade! I entered a short @ $1,605.00, with Stop Loss @ $1,628.14, and price reached a low of $1,563.9, giving a risk reward ratio of 1.8:1.
2021/02/04: I took two trades, one winning trade and one losing trade. I first took a long @ $1,645.0 which hit SL @ $1,583.3. I then took a long @ $1,614.4 with a SL @ $1,596.5, and price reached a high of $1,623.3, giving a risk reward ratio of 0.6:1.
2021/01/30: I had a winning trade! I entered a long @ $1370.5, with Stop Loss @ $1352.3, and price reached a high of $1390, giving a risk reward ratio of 1.1:1.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! bitcoin
Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/02/08Hi guys, if you like this post, please support me by clicking the like and follow buttons and leaving a comment! Thanks!
I will be sharing the trades that I take in real time, follow to see how my trades work out!
Also check out my daily analysis on Bitcoin!
Market Overview
Price Action: After hitting a new ATH @ $1760, ETH dropped down to 1490 and is now in the middle of the range consolidating at the 200MAs.
Chart Patterns:N/A
Areas of Interest: The area(s) of interest for me are the ATH @ $1760. Once price reaches one of these areas, I will monitor for entry confirmations. If the entry confirmations are aligned, I will take a trade and share the my trade in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading:
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $1760, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
My Recent Trades
2021/02/07: I had a winning trade! I entered a short @ $1,605.00, with Stop Loss @ $1,628.14, and price reached a low of $1,563.9, giving a risk reward ratio of 1.8:1.
2021/02/04: I took two trades, one winning trade and one losing trade. I first took a long @ $1,645.0 which hit SL @ $1,583.3. I then took a long @ $1,614.4 with a SL @ $1,596.5, and price reached a high of $1,623.3, giving a risk reward ratio of 0.6:1. 2021/01/30: I had a winning trade! I entered a long @ $1370.5, with Stop Loss @ $1352.3, and price reached a high of $1390, giving a risk reward ratio of 1.1:1.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/02/07Hi guys, if you like this post, please support me by clicking the like and follow buttons and leaving a comment! Thanks!
I will be sharing the trades that I take in real time, follow to see how my trades work out!
Also check out my daily analysis on Bitcoin!
Market Overview
Price Action: After hitting a new ATH @ $1760, ETH has been consolidating downwards.
Chart Patterns: ETH is in a descending channel.
Areas of Interest: The area(s) of interest for me are the channel high @ $1700 and the ATH @ $1760. Once price reaches one of these areas, I will monitor for entry confirmations. If the entry confirmations are aligned, I will take a trade and share the my trade in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading:
Short Trade Setup #1: Retest and Continuation (Channel)
1. Price Action: Price needs to move back up to the channel top, currently projected to be @ $1700 by the time price reaches it, and bounce back down.
2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out
Short Trade Setup #2: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $760, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
My Recent Trades
2021/02/04: I took two trades, one winning trade and one losing trade. I first took a long @ $1,645.0 which hit SL @ $1,583.3. I then took a long @ $1,614.4 with a SL @ $1,596.5, and price reached a high of $1,623.3, giving a risk reward ratio of 0.6:1. 2021/01/30: I had a winning trade! I entered a long @ $1370.5, with Stop Loss @ $1352.3, and price reached a high of $1390, giving a risk reward ratio of 1.1:1.
2021/01/28: I had two trades yesterday, 1 win and 1 loss. The losing trade I entered short @ $1272.8 and hit stop loss. The winning trade I entered short @ $1289, max TP $1260, giving a risk reward ratio of 1:44.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!
This is a warning note, please study the descriptions carefullyThere are two scenarios for Ethereum, of which both are descending!
In the first scenario, which is shown in the 240-minute chart, the uptrend from $ 910.82 to $ 1763 is in 3 waves format, and it is likely that we encounter the Expanded Flat pattern. In this case, with the price crossing the range of $ 1271, we should expect a downtrend below $ 1000, up to the range of $ 870 to $ 760.
In the second scenario which has been shown in the daily chart
The first uptrend has ended, of which the 5th wave has been (Extended Wave), by crossing the price from the range of $ 1271, we can predict for the second time, the expansion of downtrend movement up to the range of $ 800, which is the corrective wave for downtrend of wave 2.
(Daily Chart)
**This case has been seen in all cryptocurrencies except Doge, of which the situation is in favor of this currency, due to its widespread support in this descending trend.**
CountOnCrypto - Ethereum Forecast - 07/02/2021Sunday is historically a blood-red day for cryptocurrencies, we have seen so far today a near 10% pullback.
Pullbacks are a necessary part of a bull market to encourage new players in the market. They liquidate over-leveraged positions amongst other things, a way for the big players to profit.
I imagine if this is the bottom we should expect to see a return to the mid-1600s by Monday morning, once Bitcoin makes a move Ethereum is likely to follow which will give us some more direction.
I would then hope to see us re-testing the .786 Fibonacci level by Wednesday, all of which is in theory; as we are at all-time highs nothing is guaranteed.
A further breakdown and I would expect us to re-test the lower green trendline between 1350-1375. I would be looking for the higher timeframe indicators to bottom out as a confirmation of the bottom.
I have been averaging down my entry using dollar-cost averaging and have lowered my leverage to a comfortable level.
As per usual please use risk management when trading , always do your own research before entering any of your hard-earned money into the market.
ETHEUR flat top triangle for reaching next targetHello traders,
In the last few hours ETHEUR has been forming a flat top triangle, being its resistance its most recent ATH around 1394 - 1410 EUR. The height of this triangle coincides with the height of part of the larger one formed between January 19 and February 2. As shown, prices are expected to mark a new ATH around 1510 - 1531 EUR.
Late 2017 scenario x 2021 scenarioEthereum late 2017 ATH Scenario
1) Ethereum daily candle closed just 6 days above U$1.200 (major resistance);
2) Ethereum touched just one time U$1.400;
3) 4 days after touch U$1.200, dropped down to U$770;
4) 24 days after touch U$1.200, dropped down to U$550;
Shorten: Ethereum don't holded above U$1.100.
Atual Scenario (2021 ATH )
1) Ethereum daily candle closed 23 days above U$1.200 (major resistance)!!!
2) Ethereum daily candle touched 4 times U$1.400!
3) 12 days after touch U$1.200, went up to U$1.400.
4) 27 days after touch U$1.200 (today), the price is U$1.470.
5) 100 days daily RSI holding at 50+.
Shorten: Ethereum holded strong above U$1.100 + 50 RSI.
Comparison of scenarios
It is very obvious that the current scenario is totally different from 2017 ATH .
The ATH range (U$1.200 ~ U$1.400) is maintaining itself and does not want to fall, there is a lot of buying power close to ATH .
It's just a matter of time to break ATH and rush to 4~5k+ level.
PS: I believe it will happen this year, in the coming weeks / months.
PS2: When ethereum breaks ATH , with daily candle closing above U$1.500, alt season will start strong.
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/02/04Hi guys, if you like this post, please support me by clicking the like and follow buttons and leaving a comment! Thanks!
Live trades will be called in the latest daily post. Follow me to trade live with me!
Also check out my daily post on Bitcoin!
Market Overview
Price Action: ETH absolutely breaking out and pumping to new ATH of $1695. I had said in my previous posts that once ETH broke its previous ATH from the last cycle, it would likely go on a tear, the same way BTC did once it broke its previous resistance @ $20K.
Chart Patterns: N/A
Areas of Interest: The area(s) of interest for us are the 200MAs @ $1545-1565 and the highs @ $1695. Once price reaches one of our areas of interest and gives us a valid entry signal, I will update the trade, so make sure you follow me to get the trade entry signals in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading. Once price reaches one of these zones, I will monitor closely and post a trade signal if we get a high probability trade setup.
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $1545-1565 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $1695, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
Recent Trades
2021/01/30: We had winning trade! We entered a long @ $1370.5, with Stop Loss @ $1352.3, and price reached a high of $1390, giving a risk reward ratio of 1.1:1, meaning if you risked 1BTC on this trade, you could've made 1.1BTC.
2021/01/28: We had two trades yesterday, 1 win and 1 loss. The losing trade we entered short @ $1272.8 and hit stop loss. The winning trade we entered short @ $1289, max TP $1260, giving a risk reward ratio of 1:44, meaning if you risked 1BTC on this trade, you could've made 1.44BTC.
2021/01/11: We had losing trade! We entered a long @ $1024.8, with Stop Loss @ $971, which was hit.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have worked at top consulting firms advising Fortune 500 companies and worked on $10Billion+ deals.
I have founded and advised blockchain projects and companies, including in the areas of defi, nft, data ownership, and personal identity.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Live trade signals so that you can take the same trades that I am taking.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I'M NOT A FINANCIAL ADVISOR AND THIS IS NOT FINANCIAL ADVICE, AND I WILL NOT BE RESPONSIBLE FOR YOUR WINS OR LOSSES, DYOR.
Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!
Ethereum New ATH? - +26% Profit - First Target Done. ETH/USDTHello dear friends - well, I congratulate everyone again. And again I have nothing to say - since everything works 94% for all my trading ideas.
Yes, do not forget - I also have losses, but they are much, much less frequent than profits. What should I scream from you. Every single recommendation I open here works, and each of you can check it out. Well - will all the targets be achieved? What do you think ?)
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/02/03Live trades will be called in the latest daily post. Follow me to trade live with me!
Also check out my daily post on Bitcoin!
Market Overview
Price Action: ETH has broken out and hit a new alltimehigh @ $1548!
Chart Patterns: N/A
Areas of Interest: The area(s) of interest for us are the 200MAs @ $1410-1430 and the highs @ $1548. Once price reaches one of our areas of interest and gives us a valid entry signal, I will update the trade, so make sure you follow me to get the trade entry signals in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading. Once price reaches one of these zones, I will monitor closely and post a trade signal if we get a high probability trade setup.
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $1410-1430 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $1548, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
Recent Trades
2021/01/30: We had winning trade! We entered a long @ $1370.5, with Stop Loss @ $1352.3, and price reached a high of $1390, giving a risk reward ratio of 1.1:1, meaning if you risked 1BTC on this trade, you could've made 1.1BTC.
2021/01/28: We had two trades yesterday, 1 win and 1 loss. The losing trade we entered short @ $1272.8 and hit stop loss. The winning trade we entered short @ $1289, max TP $1260, giving a risk reward ratio of 1:44, meaning if you risked 1BTC on this trade, you could've made 1.44BTC.
2021/01/11: We had losing trade! We entered a long @ $1024.8, with Stop Loss @ $971, which was hit.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have worked at top consulting firms advising Fortune 500 companies and worked on $10Billion+ deals.
I have founded and advised blockchain projects and companies, including in the areas of defi, nft, data ownership, and personal identity.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Live trade signals so that you can take the same trades that I am taking.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I'M NOT A FINANCIAL ADVISOR AND THIS IS NOT FINANCIAL ADVICE, AND I WILL NOT BE RESPONSIBLE FOR YOUR WINS OR LOSSES, DYOR.
Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/02/02Live trades will be called in the latest daily post. Follow me to trade live with me!
Also check out my daily post on Bitcoin!
Market Overview
Price Action: ETH rallied 11% from a low of $1270 to a high of $1411, and is currently taking a pause in its rally.
Chart Patterns: N/A
Areas of Interest: The area(s) of interest for us are the 200MAs @ $1335-1345 and the highs @ $1437. Once price reaches one of our areas of interest and gives us a valid entry signal, I will update the trade, so make sure you follow me to get the trade entry signals in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading. Once price reaches one of these zones, I will monitor closely and post a trade signal if we get a high probability trade setup.
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $1335-1345 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, strong volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $1437, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, strong volume on both breakout candle and breakdown candle, MACD topping out
Recent Trades
2021/01/30: We had winning trade! We entered a long @ $1370.5, with Stop Loss @ $1352.3, and price reached a high of $1390, giving a risk reward ratio of 1.1:1, meaning if you risked 1BTC on this trade, you could've made 1.1BTC.
2021/01/28: We had two trades yesterday, 1 win and 1 loss. The losing trade we entered short @ $1272.8 and hit stop loss. The winning trade we entered short @ $1289, max TP $1260, giving a risk reward ratio of 1:44, meaning if you risked 1BTC on this trade, you could've made 1.44BTC.
2021/01/11: We had losing trade! We entered a long @ $1024.8, with Stop Loss @ $971, which was hit.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have worked at top consulting firms advising Fortune 500 companies and worked on $10Billion+ deals.
I have founded and advised blockchain projects and companies, including in the areas of defi, nft, data ownership, and personal identity.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Live trade signals so that you can take the same trades that I am taking.
A great place to help each other, learn from each other, and grow together.
Trading education in the form of personal advice and educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I'M NOT A FINANCIAL ADVISOR AND THIS IS NOT FINANCIAL ADVICE, AND I WILL NOT BE RESPONSIBLE FOR YOUR WINS OR LOSSES, DYOR.
Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/02/01Live trades will be called in the latest daily post. Follow me to trade live with me!
Also check out my daily post on Bitcoin!
Market Overview
Price Action: ETH has dropped >11% from a high of $1437 to a low of $1270. It is currently on its way to retest the 200MAs. Let's see if we get a short signal or if we break above to regain bullish momentum.
Chart Patterns: There is a descending channel as well as a resistance trendline.
Areas of Interest: The area(s) of interest for us are the lows @ $1270 and the 200MAs @ $1330-1340. Once price reaches one of our areas of interest and gives us a valid entry signal, I will update the trade, so make sure you follow me to get the trade entry signals in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading. Once price reaches one of these zones, I will monitor closely and post a trade signal if we get a high probability trade setup.
Long Trade Setup #1: False Breakdown
1. Price Action: Price breaks below the then rapidly climbs above $1270, forming a bear trap
2. Trade Entry Confirmations: A breakdown candlestick followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming
Short Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back up to the 200MAs, currently projected to be @ $1330-1340 by the time price reaches it, and bounce back down.
2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out
Trade Recap
2021/01/30: We had winning trade! We entered a long @ $1370.5, with Stop Loss @ $1352.3, and price reached a high of $1390, giving a risk reward ratio of 1.1:1, meaning if you risked 1BTC on this trade, you could've made 1.1BTC.
2021/01/28: We had two trades yesterday, 1 win and 1 loss. The losing trade we entered short @ $1272.8 and hit stop loss. The winning trade we entered short @ $1289, max TP $1260, giving a risk reward ratio of 1:44, meaning if you risked 1BTC on this trade, you could've made 1.44BTC.
2021/01/11: We had losing trade! We entered a long @ $1024.8, with Stop Loss @ $971, which was hit.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have worked at top consulting firms advising Fortune 500 companies and worked on $10Billion+ deals.
I have founded and advised blockchain projects and companies, including in the areas of defi, nft, data ownership, and personal identity.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Live trade signals so that you can take the same trades that I am taking.
A great place to help each other, learn from each other, and grow together.
Trading education in the form of personal advice and educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I'M NOT A FINANCIAL ADVISOR AND THIS IS NOT FINANCIAL ADVICE, AND I WILL NOT BE RESPONSIBLE FOR YOUR WINS OR LOSSES, DYOR.
Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/01/30Live trades will be called in the latest daily post. Follow me to trade live with me!
Also check out my daily post on Bitcoin!
Market Overview
Price Action: After a huge rally, likely induced by Elon Musk's "bitcoin" tag, ETH has retraced back down to the 200MAs and is now consolidating in this zone. If this zone holds, ETH will likely retest the ATH, if not, the next level down is the 61.8 Fib.
Chart Patterns: N/A
Areas of Interest: The area(s) of interest for us are the 61.8Fib @ $1295. Once price reaches one of our areas of interest and gives us a valid entry signal, I will update the trade, so make sure you follow me to get the trade entry signals in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading. Once price reaches one of these zones, I will monitor closely and post a trade signal if we get a high probability trade setup.
Long Trade Setup #1: Retest and Continuation (61.8Fib)
1. Price Action: Price needs to move back down to the 61.8Fib @ $1295 and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Trade Recap
2021/01/28: We had two trades yesterday, 1 win and 1 loss. The losing trade we entered short @ $1272.8 and hit stop loss. The winning trade we entered short @ $1289, max TP $1260, giving a risk reward ratio of 1:44, meaning if you risked 1BTC on this trade, you could've made 1.44BTC.
2021/01/11: We had losing trade! We entered a long @ $1024.8, with Stop Loss @ $971, which was hit.
2021/01/10: We had winning trade! We entered a long @ $1283, with Stop Loss @ $1247, and price reached a high of $1325, giving a risk reward ratio of 1:1, meaning if you risked 1BTC on this trade, you could've made 1BTC.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Live trade signals so that you can take the same trades that I am taking.
A great place to help each other, learn from each other, and grow together.
Trading education in the form of personal advice and educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have worked at top consulting firms advising Fortune 500 companies and worked on $10Billion+ deals.
I have founded and advised blockchain projects and companies, including in the areas of defi, nft, data ownership, and personal identity.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
DISCLAIMER: I'M NOT A FINANCIAL ADVISOR AND THIS IS NOT FINANCIAL ADVICE, AND I WILL NOT BE RESPONSIBLE FOR YOUR WINS OR LOSSES, DYOR.
Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/01/29Live trades will be called in the latest daily post. Follow me to trade live with me!
Also check out my daily post on Bitcoin!
Market Overview
Price Action: ETH has rallied almost 14% from the lows of $1207 to a high of $1372
Chart Patterns: No patterns
Areas of Interest: The area(s) of interest for us are the current 200MAs @ $1310. Once price reaches one of our areas of interest and gives us a valid entry signal, I will update the trade, so make sure you follow me to get the trade entry signals in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading. Once price reaches one of these zones, I will monitor closely and post a trade signal if we get a high probability trade setup.
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $1310 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Trade Recap
2021/01/28: We had two trades yesterday, 1 win and 1 loss. The losing trade we entered short @ $1272.8 and hit stop loss. The winning trade we entered short @ $1289, max TP $1260, giving a risk reward ratio of 1:44, meaning if you risked 1BTC on this trade, you could've made 1.44BTC.
2021/01/11: We had losing trade! We entered a long @ $1024.8, with Stop Loss @ $971, which was hit.
2021/01/10: We had winning trade! We entered a long @ $1283, with Stop Loss @ $1247, and price reached a high of $1325, giving a risk reward ratio of 1:1, meaning if you risked 1BTC on this trade, you could've made 1BTC.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Live trade signals so that you can take the same trades that I am taking.
A great place to help each other, learn from each other, and grow together.
Trading education in the form of personal advice and educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have worked at top consulting firms advising Fortune 500 companies and worked on $10Billion+ deals.
I have founded and advised blockchain projects and companies, including in the areas of defi, nft, data ownership, and personal identity.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
DISCLAIMER: I'M NOT A FINANCIAL ADVISOR AND THIS IS NOT FINANCIAL ADVICE, AND I WILL NOT BE RESPONSIBLE FOR YOUR WINS OR LOSSES, DYOR.
Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/01/28Live trades will be called in the latest daily post. Follow me to trade live with me!
Also check out my daily post on Bitcoin!
MARKET OVERVIEW
Price Action: ETH has been continuously rejected from the 200MAs, we need to break and stay above to regain bullish momentum,
Chart Patterns: Downwards sloping channel.
Areas of Interest: The area(s) of interest for us are the lows @ $1207 and the 200MAs @ $1295. Once price reaches one of our areas of interest and gives us a valid entry signal, I will update the trade, so make sure you follow me to get the trade entry signals in real time.
TRADE SETUPS
Below are the potential trade setups that I would be interested in trading. Regardless of the path that the price takes, I will be monitoring the market for a valid trade entry signal.
Long Trade Setup #1: False Breakdown
To open a long position, we are waiting for price to break above the horizontal support and then recover.
1. Price Action: Price breaks below the then rapidly climbs above $1207, forming a bear trap
2. Trade Entry Confirmations: A breakdown candlestick followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming
Short Trade Setup #1: Retest and Continuation (200MAs)
To open a short position, we are waiting for price to retrace back up to test the 200MAs and then continue moving down.
1. Price Action: Price needs to move back up to the 200MAs, currently projected to be @ $1295 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out
TRADESS RECAP: LATEST 3 TRADES
2021/01/11: We had losing trade! We entered a long @ $1024.8, with Stop Loss @ $971, which was hit.
2021/01/10: We had winning trade! We entered a long @ $1283, with Stop Loss @ $1247, and price reached a high of $1325, giving a risk reward ratio of 1:1, meaning if you risked 1BTC on this trade, you could've made 1BTC.
2021/ 01 /07: We had two winning trades! We entered a short @ $1213, with Stop Loss @ $1224, and price reached a low of $1159, giving a risk reward ratio of almost 5:1, meaning if you risked 1BTC on this trade, you could've made almost 5BTC. After our short trade, we had a trade of a new experimental trendline strategy. We entered a long @ $1194, with Stop Loss @ $1173, and price reached a low of $1289, giving a risk reward ratio of almost 4.5:1, meaning if you risked 1BTC on this trade, you could've made almost 4.5BTC.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Live trade signals so that you can take the same trades that I am taking.
A great place to help each other, learn from each other, and grow together.
Trading education in the form of personal advice and educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have worked at top consulting firms advising Fortune 500 companies and worked on $10Billion+ deals.
I have founded and advised blockchain projects and companies, including in the areas of defi, nft, data ownership, and personal identity.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
DISCLAIMER: I'M NOT A FINANCIAL ADVISOR AND THIS IS NOT FINANCIAL ADVICE, AND I WILL NOT BE RESPONSIBLE FOR YOUR WINS OR LOSSES, DYOR.
Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!