Ethereum between to daily point of control... Very interesting to see which POC will get the next touch. Up to $3.511 or $3.007 - what do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing
Ethereum is closely approaching the dreaded deathcross event, where the 50 day sma crosses under the 200 day sma. When this popular indicator lights up, we now the bears have been pushing price down hard in the previous weeks. The fact is though, if you're trading for more than a few weeks, you already know this! :_0 It's been a painful year so far for HODL'er's...
On a daily TF, Ethereum could not hold above the $3300 - $3340 resistance area and now again testing the major support area. The key level to hold is $3000, and if ETH daily candle closes above this, we see a test of $3300 resistance area again. If the daily candle closes below $3000, we see more panic in the market and $2650 - $2700 area.
Although it has broken under 3200 support, losses for Ethereum are limited and I don't "see" much sell power. The crypto may have found a new low above 3k and a new leg of correction to come. I'm cautiously bullish at this moment with more confirmation above 3200. A daily close above 3200 could expose 3600 important resistance and 3400 is now interim resistance. A...
Ethereum is showing us some really nice impulse and corrections and appears we are at the bottom of a correction now and ready for the next impulse. Trade Idea: - Enter with stops below the 50 fibonacci (risk entry) - For confirmation, wait for the break of the red descending trendline (safe entry) - Target the recent highs as first target and then the -0.27...
#ETH dips back as expected. Price nearly came to the support zone and pushed up. Well, still the momentum is bearish unless it breaks the resistance around $3200. Also, already mentioned it's HTF pullback, so expecting a new HH by the next week . By @CryptoAXEN
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for ETH, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hi traders! Price of ETHUSDT moved out of blue channel We can expect continuation of the upside move NFA Trade safe
Ethereum could be making the same play here as last week. Double bottom on the trend line would most likely lead the price to a critical supply area at the 4100$ level.
Hi dear traders price is moving inside the channel. The reversing hammer candle is seen. If the 3100$ support is maintained, the price can continue to move up again. Otherwise the return to the support area is 3000$ and 2882$. Wait for the arrival signal with confirmation. Good luck.
Breakout entry on m15. Trading at least the wave C, within a potential larger ABC pattern. Good luck and trade safe!
The following article contains price and date projection analysis for Ethereum price utilizing the methods of W.D. Gann and other traditional forecasting methods. The purpose is not to target a specific date or a specific price. - Ethereum price action is likely to remain bullish for the first six months of 2022. - Upside potential could more than double...
Daily MTF Stock RSI looks very interesting. If the low of .0988 holds white the LTF stock RSI's reset this could fly to .30 cents, the 1.272 of the manually drawn fib.
All 👀 on ETHUSDT now We may possibly see a huge upside potential for this coin. As a reminder - double bottom pattern on ETH never disappoints once it is confirmed, especially in the major timeframe!
Bitcoin traded at $41,200 before the volatility returned and rose; Now, the $42,800 resistance must break to see a new uptrend soon. The #Bitcoin market atmosphere intensified as it remained below the key $43,000 level; As a result, even the $ 42,000 support was lost, and the price moved away from the 100 moving average. The bottom of the swing was recorded at...
Update from previous idea: Still working our way down to my technical target we did see a drop in price and further continuation down but we are slowly facing more support, which is good. I just don't want people being fooled into thinking this is the bottom. its like we are making a constant ABC correction if you don't know what that is go on babaypips and...
ETH moves similarly to BTC. When BTC drops, ETH also drops, as can be seen from the charts that are very similar to each other. Currently, ETH is struggling to maintain the level, but when it breaks the current support, the price may go down to the level of $ 2,764.
On a daily TF, the trend is negative, and I expect a $2,800 level test; So be patient.