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ETH Swing Trade – 1 Week 17% Gains

As a result of the 16 per cent drop in the BTC Market, a lot of other Cryptocurrency coins have gone on a sale. ETH has dropped from its May 20th Highs of 0.85 to the lowest level which was 0.071.

The 6H HTF illustrates that the lowest swing low from today will be 0.07250 as a result of any wick being rejected by the 55EMA line. These successive rejections of previous lows illustrates a higher higher and a lower higher – meaning a bullish sentiment is about to come. On the 1D HTF Chart – it looks like it will dump to the 0.07250 which will then again be rejected by the 55EMA line.

 

Nouvive highly recommends a long from 0.0725-0.0735 with a Saudi stop loss at 0.07185. A Cross Leverage with a Saudi Stop Loss will represent a risk level of 10 per cent and a profit level of 171%.

 

Nouvive recommends a profit take 0.0845.

 

A timeline of 2 Weeks has been given for this minimum 150% strategy.

 

 

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Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.

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8

ViFeed Indicators

Bitcoin (BTC)
$3652.13
51.00 RSI
-0.46%
Hold
XRP (XRP)
$0.32
37.00 RSI
-1.66%
Buy
Ethereum (ETH)
$121.1
48.00 RSI
-1.71%
Hold
Bitcoin Cash (BCH)
$127.69
50.00 RSI
-2.19%
Hold
EOS (EOS)
$2.45
36.00 RSI
-2.07%
Buy
Tether (USDT)
$1.02
0.00 RSI
-0.19%
--
Stellar (XLM)
$0.11
40.00 RSI
-1.70%
Buy
Litecoin (LTC)
$31.27
64.00 RSI
-0.60%
Hold
TRON (TRX)
$0.02
41.00 RSI
-2.97%
Buy
Bitcoin SV (BSV)
$75.79
68.00 RSI
-2.14%
Hold
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