Dear Traders, BINANCE:ETHUSDT price completed AB=CD pattern and it is on the course to rebound strongly and take price towards $4500. Price has been ranging since last few weeks, however, price is gathering and accumulating the volume. So it will likely to distribute within the next few weeks. So get ready and use accurate risk management to get the best...
Introduction: In this technical analysis report, we will delve into the current market conditions of Ethereum (ETH/USD) and provide insights based on the formation of an Anti-Gartley Harmonic Pattern (XABCD). Our analysis aims to guide traders in making informed decisions regarding entry points, stop-loss levels, and potential profit targets. Pattern...
BINANCE:ETHUSDT breaks out of the H4 resistance @3643.71 area. A rejection of same zone upon retest will signify a good entry for a long position. Immediate targets will be at 4071 and the all time high @4857.68. This does not mean there may not be some deeper pull back, I will however be looking to buy the dips. A rejection of the previous resistance forming a...
Price has been extreme bullish since last month, suggesting price to keep strong bullish momentum in upcoming days and month. March is known to be bullish month where many speculated ETH going to hit $5000 mark by end of the march. We think price will do minor correction towards $3100 to $2800 marked area region where price can bounce sharply towards $5000 target...
1h time frame - ETH is creating a potential continuation structure. Also, got support at 0.618 Fibs, which projects target at 3100 in future. Considering the consolidation trend, better to enter while retest critical support in lower time frame. - TP: 3100 SL: 2395
ETH/USDT Entry: 2100-2134 Take Profit: 2300-2350 Stop Loss: 2019 Risk to reward: 1:2 Technical Thesis: We observe a local support for Ethereum at $2,210 and a significant support area at $2,134. The price is anticipated to undergo testing at these levels shortly, making $2,134 an attractive buying opportunity for ETH.
Dear Traders, In our previous two chart analysis we had clearly mentioned that price will touch the $2450 range before it drops and price did exactly that now we are eyeing at $2600 price region. Price currently moving strange, better to wait until we see some stable price movement. Any questions please comment down.
Hey everyone, Hope you are doing great, we have an update on ethusdt, price currently in ab=cd pattern in making, we are expecting a strong bullish impulse to occur within this week. Need some bullish price momentum to give enough boost to the price to attract buyers. Like and comment if you agree with our idea!
Dear Traders, Ethusdt still has potential of hitting $2450 price region, currently price has break -through the consolidated area and then price distributed successfully. Yesterday and today price did not move much due to public holidays and major markets are closed. We expect price to distribute successfully tomorrow. Good luck and trade safe!
Happy Weekends Everyone, BINANCE:ETHUSDT we have got two scenarios with this crypto pair first one is where price continue the bullish trend up to $2800 and the second scenario where we expect price to drop around $2100 region where we can price yet to fill the liquidity void area. However, looking at the current market sentiment we do not think that price can...
4h time frame - ETH is creating a falling wedge since 17th April, and just got bounce from wedge bottom at 1520 Assuming ETH is keeping satisfying this structure, then we can set target at wedge top around 1850. Also, 1850 is the 0.382 Fibonacci Projection, which is the PRZ and have possibility to bring ETH down to 1300. Therefore, we can set a trading plan...
2h time frame - ETH completed trend breaking, and the clear support is 1608(yellow line) According to the continuation possibility and support price, we can set up a trading plan, WHICH target is the reasonable PRZ and also the position that BTC's potential right shoulder top. TP: 1840 SL: 1599
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The price has fallen back again to the weekly support 1 zone which screams for a buy but here is a bit of confusion I have when I see the BTC chart. BTCUSDT chart is suggesting that it is going down which means further down move for ETHUSDT towards weekly support 2 zone. Or its the other way round, ETHUSDT is suggesting no further down move and so BTCUSDT shall...
ETHUSDT is trading currently above weekly support and likely to move higher towards first daily resistance and then to weekly resistance 1 zone. I believe the daily resistance should not create much trouble for the price this time. A bit of push back might be there but I do not expect something significant there this time. But lets watch. All the support and...
Hello traders, I am expecting a markdown on 4h and daily time frames, and we have an FVG at 1485-1567... so it means ETH should drop to this zone and fill the IMBALANCE, and then I expect drop towards 1000-1200 again before bull run starts... we might see the target of 880$ as well, or maybe we even see 600 or 500... but this possibility is low at the moment,...
The same story on ETHUSDT. The price is at daily+weekly support zone. It has dipped only a bit in this zone but might go deeper. Anyways, this again is a good buy opportunity. However, the demand is not that strong as visible from the strength of bounce. It is possible that it dip further more in this support zone before having a proper bounce. The bounce shall be...
The price has retraced to 1h support area.This support shall produce some bounce making a long favorable. Let us take this long from the bottom of this support towards 1906.