Ideally, would like to see ETH stay above 600s from here on out. Monthly chart, will update on lower weekly time frames as time progresses.
Watching Ethereum (ETH) closely after it reached a high of $3,040 on a 4-hour timeframe chart today. If support at $2,923 crumbles. A break below this level could send ETH down to $2,874. However, there's also a chance for a breakout on the upside. If Ethereum can overcome resistance at $3,100, it could surge towards $3,160 or even $3,200.
Target 4100$ , soon ether will be the starter of this magnificent bull run. Rockets🚀🚀🚀
Price holds in at pattern support after EMA divergence gets rejected. Further recovery is possible if we can maintain within pattern. Still be aware of the chance of correction and the assumed W1 3k close. www.tradingview.com
📊🚀 Ethereum's Road to Recovery: Professor's Outlook 💡🔧 Let's dive into Ethereum and its journey under the looming shadow of regulatory decisions and market dynamics. With Ethereum teetering below the $3,000 mark—a significant psychological barrier—let's explore the potential pathways and strategic levels that could dictate its short to medium-term trajectory. ...
Dear analysts and traders, I trust this message finds you in good health and high spirits as you prepare to approach the upcoming week with renewed vigor. I extend my best wishes for continued success in all your business pursuits. It is essential to emphasize that sustained success in business hinges significantly on the consistent establishment and adherence to...
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
Hello Traders, today i will share my analysis of what is happening to Ethereum now. The current Ethereum (ETH) chart shows several significant developments: 1. **Breakout from Descending Wedge**: - The chart depicts a descending wedge pattern that Ethereum has been forming for several months. - Recently, ETH broke out of this descending wedge, which is...
As seen, based on technical analysis price has been flying for awhile now, waited for pull back to get our FVG at HL level
This is my first slightly longer post about the crypto market in some time. Despite being an ETH post, I get more into the market as a whole in this post. Here, I will do a little analysis on the above ETH chart, but primarily I will speak about fundamentals, my accuracies and my inaccuracies, and why I continue to observe the market. Ethereum was my biggest...
Traders, I have a pretty good record for calling these inverse head and shoulders patterns before they are fully formed. I am not saying for sure Ethereum will form this inverse head and shoulders pattern but if it doesn't, then it will need to break above those resistance levels I have drawn and confirm. If it can't do this on the daily, then I have a hunch...
Great! Wolf Wave Target Achieved. And the second Target Triangle Pattern.
Very likely validating the breakout up from this flag with this big candle move/close today.. If so the target is all the way up at $5034. Reaching this price target can take price well above the purple line which is a neckline to a big inverse head and shoulders pattern. Once we were to trigger the breakout of the big inverse head and shoulders target we will...
Note: This Analysis have been given initially and has so far played along, We can now see triangle formation and play, this a pattern that is well known, hence add more position at break of previous days high, Solana has been a leader, BCT have not been finding much strength however the two are trading above the neckline expecting continuation BUYS
We are at the start of wave 3, time for take off!!!
I mentioned in the previous video that we might see a drop in the price of Ethereum as the ETH/BTC pair breaks lower due to liquidity being drawn to Bitcoin. We have observed a relief rally towards the 20 EMA, following the breakdown of the ETH/BTC pair, while still respecting the 20 EMA. Based on the previous cycle in 2019, we saw something similar as ETH/BTC...
The equality between waves 1 and 3 (blue count) in conjunction with the ETF approval for Ethereum, we can expect an extended wave 5 with a target equal to waves 1+3, the yellow Fibonacci projection, respectively the 7560 area. The price breaks 3726.79 level and the near term resistance levels will be 4091.67 and the TOP 4867.81
Monthly & Weekly prices above the cloud Daily is also above the cloud I took a buy setup on H4