Ethereum, like bitcoin, seems to be preparing for a reversal. Whether it will be a trend change or just a correction is unknown. But already now there are signs of a slight weakness of the upward trend.
Price has recently broken out of the descending trendline and near buy entry level of 3043.53 which is also 23.6% Fibonacci retracement and 161.8% Fibonacci projection. Price can potentially go to the take profit level of 3641.97 which is also 50% Fibonacci retracement. Our bullish bias is supported by the ichimoku cloud indicator as price is trading above it....
This is going to be one massive party, maxis will shed tears but we wont hold anything against them. We will welcome them to our palace with open arms
Price closed above $2641.00. Watch for a buy opportunity. Key resistance above that is $2807.20. So, wait for price to retest $2641.00 for an entry and set take profit for $2807.20.
I think Eth's doing a great thing on this paternal and we're going upstairs soon.
BTC is in a precarious and slow position. Affected majorly be the larger economy, rising interest rates in March, instability in Ukraine and general Corona recovery but weak economy - we're going to get thrown around. I would expect BTC to stay range bound between the hard tops at 39-40k and the hard low at 30-25k. This will give a middle range and a no entry...
COINBASE:BTCUSD Copy paste pattern for BTC:USD simple fractal that could possibly play out, under 40k closing weekly might signal its not happening
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (3160.51). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (3160.51). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
If the Next weekly candle Close Above Mid Range Of 2021 Then Bull rally Will Continue, If Weekly Candle Close Below Mid Range Then Bears Will Push Price to 28000$ Bottom of 2021
First attempt in applying harmonic patterns , found this bullish bat pattern on Etherum.
ETHUSD is currently in a downtrend on the H1 timeframe. In the end of last year we saw a downside impulse which led to a consolidation. Now, we're looking for the end of this pullback and another downside move. The first target will be 3523$ Right now, price is inside of a sell zone and if we see a breakout above 4000$ then this setup won't be valid. We...
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ETH USD LOG FIB CHANNEL Etherium US dollar log channel analysis using fib channels for resistance / support.
ETHUSD Ethereum Triangle + Exponential Moving Average + Trend
Idea for EthUSD: - Just have a good feeling about this, speculative! - Strong uptrend. GLHF - DPT
Ethereum price analysis is bearish today as we expect further downside to following after a quick rejection of more upside over the last hours. Therefore, we expect ETH/USD to continue to break below the current consolidation and test further lows over the next 24 hours.
Ethereum / U.S. Dollar