After ETH rallied into our red box of sell pressure ($1,250-1,280) we have been met with heavy sell pressure. It is possible we get some sort of liquidation hunt up to $1300 but unlikely as we have created a bearish divergence on the 4H timeframe. With higher highs in price but lower highs on our RSI. Something to keep an eye on.
ETHUSD Daily cautiously bullish. Recommended ratio: 80% ETH, 20% Cash. *SUNDAY/MONDAY SCARIES WATCH. With the BEA due to report a third estimate for Q1 2022 GDP growth on Wednesday (06/29) at 8:30am (EST) and Core PCE Price Index to be reported on Thursday (06/30) at 12:30pm (EST), crypto and equity markets will look to continue the technical relief rally...
Stop loss: 1297.40 Take profit: 1015.42 Risk/Reward: 2.5 *No.1 Manage your Risk*
Hi friends, just one wave until the start of the uptrend, the price is around $ 600 to $ 700 (by the way, this is just a calculation based on technical analysis, thanks to my two years of experience)
Another test at long-term trendline after a small breakout between pattern resistance and uptrend average. So far price has been unable to flip this zone which is better noted on H4 with the initial breakout and subsequent close under trendline. If we can make it back above long-term trendline there's a good chance we could see a push towards 1500 (short-term).
Price is below the neckline. Flag like structure trying to form at the end of the last leg down. A flag, if it is indeed a flag, is a neutral pattern unless a trendline is broken with a trend in that direction. I suppose a lot depends on the market this week. Target 1 has been met. This level could act as future resistance. No pocket pivot (footprint) noted at...
880 support from 750 isn’t strong enough for a bullish rally.. but end up made a bear flag .. the big one. Expecting to buy somewhere 400-630 area the strongest support zone
ETH is moving in the liquidity zone within the ascending channel. The price reached the resistance level as the upper boundary of the liquidity zone, after which the price went down sharply. During the whole time of price movement in the liquidity zone, trading volumes were decreasing. Price and RSI show bearish divergence on the 4H Timeframe. I expect that this...
Buy and Sell . Profit or loss ?! Its my intraday forecast . make your choise ;)
The biggest altcoin by market cap, Ethereum (ETH), experienced an uptick in the last 24 hours, according to CoinMarketCap. At the time of writing, the price of ETH gained just over 1% in the last 24 hours to take its price up to $1,242.47. This adds to its phenomenal performance over the weekly chart as its price gained approximately 26.29% over the last 7 days....
And most likely short from my target area. I think crypto is going to be 25% up and 50% down. Positioning accordingly until market shows me otherwise.
ETH forms a cup and handle pattern. now it is on resistance in 1 hour timeframe. i think it goes up
Similarly to BTCUSD analysis , ETHUSD is weak and probably having a bull trap before another washout... Fro ETHUSD, 1400 is a resistancem and 1030 is the breaking down level IMHO
ETH has to make a decision here. ( Purple box has been serving as resistance over the last 12 days ) Bullish Scenario : A break out to the upside with a close above 1266- could signal we bottomed. Making 1400 area our next big obstacle. Bearish Scenario: 1255 area is strong resistance for now. Could break out of ascending triangle and re test the 1067...
Oyy traders, As you can see, ETH respected perfectly the support until now, we will see until where it goes, and if my green 5 wave is respected, you can see on the chart the subcounts, they are playing on beautiful fibs. How to find the white 4 Finding the white 5 Finding the orange 3, which correlates perfectly with the fibs of white 5 Finding the orange...
COINBASE:ETHUSD See chart. Just an idea, that has an 5% failure rate, and a 52% chance of a throwback. Fib circle horizontal levels provide likely areas of resistance/support.
We are looking at Ethereum (ETHUSD) on the weekly timeframe and this pair is oversold. The RSI hit its lowest level in a long while. While we looked at many different signals recently that support a relief rally, we will keep it simple for this one. As ETHUSD tested MA200 as support, it needs to bounce back now and test EMA10 in the least at $1864 or higher...