COINBASE:ETHUSD inverse head $ shoulders.. Ethereum is a no brainer it seems not investment advice
Google expanding triangle pattern. Ethereum appears to be making an expanding triangle pattern with it approaching its 3rd low before another impulse up. Will monitor closely and create a trendline to watch for breakout as an entry requirement.
Ethereum lost a lot of trend strenght, and now is copying the last patterns, so with that breakout to the downside, i believe ethereum could dosomething like i show with the arrows in the chart, correction should happen really soon or now.
Ethereum lost a lot of bullish strenght in 4h, and is currently doing descending channel on 1 hour timeframe, so i believe after we found some exhaustion at that sell zone area, we will do something like i did in the chart with arrows.
Good time to look for entry points on Sushi, we could be possibly coming back to the old channel if ETH pull back as well. But to be honest I don´t think it will come back, so I am leaving an order at 13inch, and a safe order at 9inch. Good luck everyone.
TF: 15 min Might see a quick sell off here. Buy the dips.
Last reminder before the train goes for $XTZ Equilibrium price brings volatility
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for ETHUSD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Due to the current ethusd price action i believe we could find some support on this area and break it up, im still bullish on it.
TF: 6 Hr Might see a little upside here if the trend line and zone can hold.
Hi Guys, Here's my thoughts on the near term for BTC. As we are currently rejecting the lower high of the of this local up trend I'm am hoping for a move down to around 31k ish level ( the -1.618 fib). If this happens it means we have the lost the 4hr support level of around 32.2k ish (-0.618). If we then find support at this 31.1k area I'm expecting a retest...
Rising wedge usually break to downside. But anything possible in cryptocurrency.
Moving Through 2021 ETH Un chained. Remains the transaction backbone for the foreseen future. $1700 price target near term $2400 long term in the 2021 - 2022 range.
Downtrend Fibonacci's: Yellow Fib: Resistance Zone to R/S Zone Blue Fib: Resistance Zone to Support Zone Uptrend Fibonacci's: Red Fib: R/S Zone to Resistance Zone Cyan Fib: Support Zone to Resistance Zone Analysis: I think ETH will lose its steam soon. In my eyes, price is currently testing the R/S Zone. The previous high wasn't broken. I believe price...
Ascending triangle is forming on the 4h chart as you all see. Could there be a potential break to the upside soon? Way above ATHs?