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ETH Short

ETH short-term bullish, over the weekend Bearish

 

ETH is up 1 per cent on the day, however according to Nouvive’s rule of trading and our Algorithm, it looks to be that ETH will pop to the green box – our entry level, before retracing to the weekly lows.

This would represent between a 12% move to a 50% move.

Nouvive recommends a Sell on Binance for Amateur traders and those with more than 8 Months knowledge can use Bitfinex for a 5X Leverage.  

Enter Short or Sell – $490

Stop Loss – $510

Risk Level – 3 Per cent

Take Profit – $430

Profit – 11.52%

With Leverage at 5X – that Profit would be around 50%, for that Nouvive, recommends a stop loss at $492 representing a 0.6% risk level.

Time Frame: Over the Weekend

 

Nouvive: Home of Crypto Beginners, Traders & Investors. Nouvive provides Cryptocurrency trading news, Analysis and indicators for beginners, traders and investors.

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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199

ViFeed Indicators

Bitcoin (BTC)
$10803.63
45.00 RSI
0.38%
Hold
Ethereum (ETH)
$198.05
36.00 RSI
-1.36%
Buy
XRP (XRP)
$0.28
49.00 RSI
-1.99%
Hold
Bitcoin Cash (BCH)
$317.45
51.00 RSI
-1.79%
Hold
Litecoin (LTC)
$75.66
37.00 RSI
-1.21%
Buy
Binance Coin (BNB)
$28.19
45.00 RSI
-1.41%
Hold
Tether (USDT)
$1
0.00 RSI
-0.37%
--
EOS (EOS)
$3.69
51.00 RSI
-0.38%
Hold
Bitcoin SV (BSV)
$140.65
43.00 RSI
-3.04%
Buy
Monero (XMR)
$85.8
23.00 RSI
-3.14%
Buy
Whats Your Bias this Week?