ETH/USD ETH broke bullish of this inverse H&S pattern a few hours ago and the price is already trading above 50MA on the 4H time-frame. This is a good market shift to the upside in the short-term. The overshoot target is up to 170 areas in which the 100MA is approaching in.
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Multiple chart patterns present, including symmetrical triangles, bullflags, bullish W. All three bullish chart patterns. An initial symmetrical triangle can be observed followed by a bullflag, following another symmetrical triangle. Included possible pathing within the second symmetrical triangle, but honestly as long as it stays within the triangle we're good....
ETHBTC is at a point where a strong horizontal resistance is present. Price is currently supported by 50MA on the weekly chart. A bullish W is also present on the weekly.
Looks like the same setup could play out for ETHBTC . I don't think that we'll quickly recover and head to new heights after this dreadful fall. I'm going to short pullbacks to the 0.025 zone with more wide or more conservative targets. Information is just for educational purposes, never financial advice. Always do your own research.
Although It doesn't looks very bad (more like movement in channel) but it's continue to print LL and LH on daily. So If it continues to dump further I think I'll take this short. Information is just for educational purposes, never financial advice. Always do your own research.
Hello traders, Here is an idea about Etherem dollar, the price seens to be making a bear flag but we need to wait for confirmation to configure a bear flag, if we broke on downtrend moviment our objective is the long term resistance line that have been broken and make a test on this line as support and caracterize a pullback, but fow now is time to do nothing...
ETH/USD ETH manages to break above the resistance area of this Ascending Triangle pattern today and currently testing is to confirm as new support territory. If the price will hold current levels for the next 24-48hrs. There is a high chance ETH will further grow up to 260 levels before facing another strong resistance zone. We have a bullish cross of 50MA and...
ETH/USD ETH is quite holding this area of support strong as it bounces again on 50MA. If ETH can maintain this level for the next 24 hours, there is likely a chance it could push up to retest the previous swing High at 178 regions. Bearish scenario if ETH closes below this 50MA and upward trend-line support, we could see the price fall down the next key support area.
ETH/USD ETH almost touches the 180 price level but soon after Bitcoin drops, ETH also followed and the price reaches immediate support area at 165 regions. If ETH can't sustain this level of support for the next 24 hours, it could further drop down to 158 upward trend-line support before we could see a bounce up from the price.
ETH/USD ETH pump over 18% and piercing through two key trend-line resistance. The price is currently testing the old trend-line resistance to potentially turn into the new support area. ETH is quite looking good after it passes through 50D MA last Jan 10 trading. I'm currently bullish on ETH as long it can hold the 158 - 152 levels. Target to the upside is 180 -...
ETH/USD ETH is painting a bearish pattern or ascending channel which by TA it is not good. But to invalidate this bearish sign, ETH needs to hold immediate key support around 142 - 140 levels and not break the upward green trend-line support. ETH requires to get above this key trend-line resistance at 150 levels or over 6-7% pump from the current price. If...
ETH/USD ETH broke the inside trend-line resistance around 135 levels and has the potential to retest the much bigger resistance line at 150 regions. We can see buying volume in the past days and ETH finally started moving upward with the help of BTC moving up too. EMA cross is likely to happen within the next day to give a signal of an immediate shift in short...
We have a no. of indicators or elements telling us that this can be a good entry. Observations: a) Main support level is holding (at point D) b) Bullish divergence indicated on 3 indicators, on the 4 HRLY chart c) Formation has confluence with Gartley Harmonics d) BTC is showing sideways movement and hence many ALTs tend to go up in such situations e) On the...
Descending scallop setup, following a strong deathcross.