ETHBTC appears to be caught in a mid-term descending triangle for the next couple of months. There'll be plenty of movements in and around this area, but we'd expect a net total of about -5% over the course of the next 2 months. Crypto Tipster v2 is currently showing a Sell signal although the market has been a tad choppy recently, and with a potential squeeze on...
Ethereum is now in an extremely difficult situation because the price is at the resistance of this symmetrical triangle and also inside the bearish rising wedge pattern on the daily chart! These patterns are bearish, so the probability of breaking down is higher at this point. Of course, we can breakout bullish, but do you really want to bet on it? What's more,...
16hr chart UTC +1 Falling Wedge within a Falling Wedge . 1 to zero fib extension drawing levels of support and resistance . Clear breakout from smaller Falling Wedge . Tp (Take profit) zones included. Daily and weekly support levels included.
Seems Like Getting Ready For Bullish Moves Over All Forming Symmetrical In Daily Timeframe Recently Falling Wedge Broken In H4 Timeframe Expecting Test Of Upper Trend line Of Triangle If Trend line Got Cleared Too Expecting Another 35 -40% Bullish Move
Bullish scenario: If Ethereum can break and stabilizes the price above the $1,660 level, it will face major resistance at the $1,670 zone. The next major resistance is near the $1,720 zone. Closing over the $1,720 resistance range might start a rising trend to the $1,780 level. Any more gain may pave the way for a move to the $1,840 area. Bearish scenario: If...
Ethereum was losing minor support in the $1,622-$1,635 range. Even the $1,600 support range was briefly broken, and the Ethereum price corrected to the $1,580 area. Given that Bitcoin has yet to settle on support if the price decline continues, we can expect selling pressure to push the price of Ethereum to crucial support in the $1,550 range. At this level, we...
Ethereum is moving in near its important downtrend line, at the same time, it seems to have found the end of wave B near this line and PRZ. I expect Ethereum to drop at least until the first PRZ, although further price drops are possible. Ethereum Analyze ( ETHUSDT), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position...
Inverse Head and Shoulder pattern on monthly time frame with recent what seems a decent monthly support. Also Fib 0.382 from low to high - signalling possible Bull Flag.
Over the past 24 hours, Ethereum has been falling to the $1,600 support area, and we've seen a positive swing on it with a strong reaction to this support level. There is currently support in the range of $1622-1635, which is expected to maintain this range and a positive reaction from this level to continue the daily uptrend. In this case, the price increase can...
It has been one of the best 2 months in crypto history, with tremendous gains on altcoins. Euphoria is at a very high level, but it's going to be even higher because ETH is forming this incredibly bullish pattern! My main focus is and always will be on altcoins, and I am monitoring all futures + spot pairs on major exchanges. I prefer to trade on leverage, so...
Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum (ETH) was in the red for a second consecutive session, breaking out of a key support point in the process. Following a high of $1,682.78 on Tuesday, ETH/USD slipped to a bottom of $1,628.69 earlier in the day. Today’s drop came as ethereum moved further below a long-term...
After some mega trades throughout 2022 with #ETH #BTC we've been a little quiet recently ranging within a smaller channel with trades showing small profits and/or small losses. We've got a chance now of another small profit from a Short trade but the real question is what's going to happen next? When a breakout of this ranging market happens (which it will!), the...
Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum (ETH) also moved lower in today’s session, as bears pushed prices below the $1,700 level. ETH/USD plunged to an intraday low of $1,671.98 on Tuesday, less than 24 hours after trading at a peak of $1,714.29. Today’s drop sees ethereum move below its long-term support point at...
Ethereum rallied yesterday, breaking the daily pivot completely and turning this level into temporary daily support up to the resistances it had been marked for. The price action has reacted to the R1 pivot resistance, and this level continues to have a positive reaction. For today, the resistance that we can consider is in the range of 1727 to 1735 dollars, and...
Somewhat confused here, I come from a traditional finance background TradFi if you wish, I decided to do some research on Ethereum as its in the talk next to Bitcoin . What I discovered this Ethereum is a mix between Enron and WorldCom and completely useless. Correct me if I'm wrong. 1. Ethereum is no longer PoW meaning there is no energy to create or maintain...
In the last 24 hours, Ethereum showed strong reactions to its support and resistance ranges. At first, the upward movement of Ethereum continued up to the $1730 range, but with price reactions to the resistance levels, we saw a sharp return to the support range. Previous support was considered on the chart in the $1,650-$1,630 range. A strongly positive...
Ethereum's volatility range was between $1,713 and $1,680 yesterday, forming a doji candle well within its previous candle's range. In the 4-hour timeframe, Ethereum is still bullish, and after hitting minor support in the $1,627-$1,654 range, the price is again trying to form a higher ceiling. The main resistance of Ethereum in the range of $1727 - $1808 is one...
Roses are red, violets are blue. Bitcoin pumping⛽ but currently being below trendline resistance. I have 2 bullish scenarios in my head how we could get to the target. Blue🔵 or red🔴? We could hit the target in few weeks anyway. Target being projection of the previous range 100%-0%, it's just measured move added to the range high (100% @ 21480). Simple yet...