so $1622 could be the next stop but we most likely see bears take over for a bit at this quick of a increase in price $1475 was ETH ((ATH) All Time High)) a very important level to be breaking through. take a look at the 24th-26th of May 2021 where we have $1000 increase on $1800 we could be seeing something similar in a pattern that may continue to push upwards...
The current overall bias for ETHUSD is bullish , according to the H4 chart. The price has closed above the Ichimoku cloud , which indicates that the market is bullish. Looking for a pullback buy entry at 1405.86 where previous swing low and 100% Fibonacci line is, with a stop loss at 1220.00, where the previous low and 0% Fibonacci lines are. The take profit level...
Price is trading sideways. RSI is at 50 level as we are losing momentum on the Mac D. We recently made a new high since our last crossover on the Mac D. However, since price is trading sideways with not a lot of bull volume, this may be indication that price could either be exhausting on this hill or it could be ready to retest the previous low mac d at some...
The current overall bias for ETHUSD is bearish , according to the H4 chart. However, the price has closed above the Ichimoku cloud , which indicates that price might turn short term bullish . Looking for a buy entry at 1344. 40 where the double bottom has formed form via a break out, with a stop loss at 1190.00, where the previous low and 100% Fibonacci lines...
The market has been moving sideways with strong support around $1280 and $1240, but i have a feeling those buyers will be selling off with their profits while the FED like to slaughter all bulls anyways. I believe the market will continue downward momentum with no strong volume. Next stop could be $1200 for a small correction followed but a bigger red candle down...
The current overall bias for ETHUSD is bearish , according to the H4 chart. However, the price has closed above the Ichimoku cloud , which indicates that price might turn short term bullish. Looking for a buy stop entry at 1344. 40 where the double bottom might potential form via a break out, with a stop loss at 1190.00, where the previous low and 100% Fibonacci...
The current overall bias for ETHUSD is bearish, according to the H4 chart. However, the price has closed above the Ichimoku cloud, indicating a likely bullish trend in the short term. It would be good to look for a buy stop entry at 1344.40 with a stop loss at 1190.00, the previous low and 100% Fibonacci line. The take profit level will be 1489.89, which is near...
I want to see if price can reach the support zone. The 4 hour RSI is oversold. The 1 hour RSI is at the 50 level. The 4 hour Mac d is still on the top side and could continue to lose momentum. I want to see the 1 hour RSI reach oversold and I will look to see where price is at. With my sentiment of the DXY going back to retest the recent high, I can envision ETH...
According to the H4 chart, the current overall bias for ETHUSD is bearish. However, the price bounced off 1267.20, the intersection of the 50% and 38.2% Fibonacci lines. Price also closed above the Ichimoku cloud, indicating a possible short-term bullish trend. A buy stop entry at 1344.40 with a stop loss at 1190.00, the previous low and 100% Fibonacci line, would...
The current overall bias for ETHUSD is bearish , according to the H4 chart. However, the price bounced off 1267.20, which is where the 50% and 38.2% Fibonacci lines intersect. Price also closed above the Ichimoku cloud indicates that there might be a short term bullish trend . Looking for a buy stop entry at 1344. 40 with a stop loss at 1190.00, the previous low...
The current overall bias for ETHUSD is bearish , according to the H4 chart. However, the price bounced off 1267.20, which is where the 50% and 38.2% Fibonacci lines intersect. Price also closed above the Ichimoku cloud indicates that there might be a short term bullish trend. Looking for a buy stop entry at 1344.40 with a stop loss at 1190.00, the previous low and...
The current overall bias for ETHUSD is bearish, according to the H4 chart. However, the price bounced off 1267.20, which is where the 50% and 38.2% Fibonacci lines intersect. Looking for a buy entry at 1304.85 with a stop loss at 1190.00, the previous low and 100% Fibonacci line. The take profit point will be at 1405.86, which is the previous low and the 100%...
Looking at the H4 chart, the current overall bias for ETHUSD is bearish overall. Price has turned short-term bullish with price currently above the Ichimoku cloud. Looking for a retracement buy entry at 1264.31 where the 50% and 38.2% Fibonacci line are intersecting. Take profit will be at 1405.86, where the previous low and 100% Fibonacci line is located. Stop...
On the H4 chart, the overall bias for ethusd is bearish. To add confluence to this, price is below the Ichimoku cloud, indicating a bearish market. Looking for a possible retracement sell entry at 1340 where the 61.8% Fibonacci line is located. Stop loss will be set at 1384 where the previous short-term high and 100% Fibonacci line is located. Take profit will be...
The current overall bias for ETHUSD is bearish, according to the H4 chart. To add to this bias, the price is currently below the Ichimoku cloud, indicating a bearish market. Looking for a retracement sell entry at 1340.00, which corresponds to the 61.8% Fibonacci line. The stop loss will be set at 1384.41, just above the previous swing low and the 100% Fibonacci...
Looking at the H4 chart, the current overall bias for ETHUSD is bearish. To add confluence to this bias, the price is currently under the Ichimoku cloud which indicates a bearish market. Looking for a retracement sell entry at 1339.92, where the 61.8% Fibonacci line is located. Stop loss will be placed at 1384.41, slightly above where the 23.6% Fibonacci line and...
expecting a drop to $1100 or so.... some money trapped up at $1600 but holding until the retrace... currently expecting a heavy drop possibly down to the yellow circle and a wicked retrace for inverse H&S if not sideways movement for quite some time. keep in mind if it drops fast there will be some good scalping opportunities for the move back up to keep a legit...
The general trend for ETHUSD on the H4 chart is bearish. However, for the previous four weeks, the price has been consolidating between 1413 and 1217. With price currently moving in a tiny bullish channel with higher highs and lower lows, I'm looking for an instant buy entry for ETHUSD at 1325.70 with a stop loss at 1220.00, which is the previous low and 0%...