Breakout or Breakdown in Ethereum on 30m and 4H TF
Hello Traders,
I am tracking the ethereum on 30m and 4h time frame.
On 30m chart
- Bollinger Band Squeezed
- ema(20,50,100,200) lies in between the Bollinger Bands
- RSI Neutral
- MACD Neutral
From these levels we can get a good trade on either side.
Wait for the breakout or breakdown and enter the trade in that direction, a good small trade can be executed.
On 4H chart
- Bollinger band expands
- Price is at the middle line
- sma(20) coincides with the support/resistance level
- Intraday move decides the direction for swing trade.
Happy trading and keep learning.
Thanks
Er. Simranjit S Virdi
I am tracking the ethereum on 30m and 4h time frame.
On 30m chart
- Bollinger Band Squeezed
- ema(20,50,100,200) lies in between the Bollinger Bands
- RSI Neutral
- MACD Neutral
From these levels we can get a good trade on either side.
Wait for the breakout or breakdown and enter the trade in that direction, a good small trade can be executed.
On 4H chart
- Bollinger band expands
- Price is at the middle line
- sma(20) coincides with the support/resistance level
- Intraday move decides the direction for swing trade.
Happy trading and keep learning.
Thanks
Er. Simranjit S Virdi
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.