ETH is forming a cup and handle pattern on daily as well as touched the 61.8 fib level, similar to btc. The fib level is drawn on daily TF from 2650-1700. So far we are neutral as eth needs to close daily candle above 2300 to confirm the cup and handle pattern and needs to close a daily below 2040 to confirm the fib retracement. So far, we chilling and waiting for...
Ethereum after a small accumulation and liquidity gathering below $1,730 level went up. Now ETH has renewed local highs at $2040, at each peak we see an increase in volumes - not a good signal for long positions. If the price reaches a new local high at $2278 and the volumes are also high at that time, it could mean that liquidity to sell is collected and there is...
Okay, so it looks like we broke the bearish parabolic curve and ran into resistance above. It looks like ETH is making a turn around. I put some of the possibilities I think are possible and where it could bounce. It could retest lower levels but it should recover. Parabolic curves usually retrace 50% - 78% so we should see higher levels soon. On the way up, I...
IH&S patterns getting nuked and turning into M top patterns. Put this out in my group last night when ETH was at $1998 we sold and our buying the dip at $1760.00. Link in my bio ;)
Ethereum looks like we are going to see a pullback to 2K before we start moving back up again. We saw a break of the 0.5 FIB level and our next major support is just over 2K. We see the MACD has been very jagged recently with multiple bullish and bearish crosses and now we are just seeing the start of another bearish cross. It seems like ETH wants to start moving...
ETH has ran up with 3 green candles pushing through the top resistance of the pennant and aswell as the 0.5 FIB Level, i talked about this in my last TA for eth. We seem to be solidly holding the 0.5 FIB now and we will have to get that confirmation soon, this is a pretty solid support, resistance level imo. Our RSI bounced off the 50. point and we are slightly...
For almost the second week, the ETH market froze in an intriguing consolidation below the mark of $3000. After a powerful wave of decline that ended on May 23, buyers began to recover the ETHUSDT market. Although trading volumes have been low over the past week, there is no denying the fact that buyers are confidently managing to keep control of the lower...
Ethereum has been steadily rising and slightly going sideways after our big recent correction and has been consistently been creating higher lows and has formed a ascending triangle(bullish) and overall looks very very healthy and primed for a next big move upwards! We are approaching the top and apex of this ascending triangle and i think we will see a nice...
Eth short term analysis. Price is in symmetrical triangle. So I am gonna open my long position at 1950-2050. In addition eth is in downtrend so downtrend line is my bitch. I am gonna leave the ship when the price touch it. This is not a trade advice. Make your own strategy.! My Entry Prices will be: 1950-2050 TP: 1. 2100 2. 2300 3. 2500 4. 2700 5. 3000 SL:...
ETHUSDT Friends I have to say that fortunately as you expected I could have broken the roof of the triangle and almost Complete the pullback and the price may still be falling Okay, so be very careful in putting stop stop And lower your profit margin to 1.618
ETH is moving between a strong resistance and support, while shaped a double bottom, the green trend is a bullish trend which if ETH break it and retest successfully , will start the bullish movement , but as we see , there is a med size of sell ordwr around the trend line which I believe will cause a fall, meantime we have a big buying order in the area of 1375...
Now price formed local zone 2600-2900. I think if the price will squeeze to the resistance line and make a breakout. It will be a good pattern to buy and fast impulse. The same situation to support line. If we squeeze to support line, we'll have a great entry point for short after breakout and retest. I would like to say to the newbie (the experienced already...