Bullish at least the medium term. Two scenarios posted. I am not a financial advisor and this is not financial advice. DOYR.
After a rally and the price gets stuck in a channel, it is expected that the price can grow as much as the previous rally after exiting the channel. R/R=3.5 and safe for long
Hello guys, for who looking for a safe opportunity to buy eth, now it is great. with R/R=2 use this demand zone
👋Hi, everyone. I hope you have a great weekend.🥳 📈Today, I am going to analyze Ethereum(ETH) for you; since more than 80% of the Tokens in the cryptocurrency market are on the Ethereum network , I hope this analysis will give you a good insight into investing in Ethereum(ETH)and other tokens . ✅Ethereum(ETH) reacts well to the 🔴 Heavy Resistance...
Technical Analysis: In this analysis, I adopt an all-encompassing approach that melds Fibonacci retracement and extension levels with Fibonacci Projection, confluence analysis, and the MACD indicator, with a distinct short sell bias for the 4 Hour Time frame as requested on the assignment, dated on 15/09/2023, 12:55 pm on LinkedIn message section. Additionally,...
Hi everyone👋 (Reading time less than 3 minutes⏰) . Today I want to show you the 🗺️roadmap🗺️ for Ethereum for the next 7 days in the 4-hour time frame using the Elliott wave theory. Ethereum has started to form corrective waves after the completion of five impulsive waves; one of the signs of the beginning of corrective waves is the formation of the Head and...
Hi everyone👋( Reading time less than 2 minutes⏰ ). Ethereum is moving as I expected in the previous roadmap.✅👇 At the moment, Ethereum has been moving in a descending channel for about 2 months ⏰. The structure of the waves in the descending channel is Double Three Correction(WXY) . Ethereum is currently moving in wave Y , and I expect this wave to end...
Ethereum was able to complete main wave 5 by Expanding Ending Diagonal.😉 Also, we can see Regular Divergence (RD-) between the end of main waves 3 & 5. I expect Ethereum will go down at least to the 🟢support zone($ 1945.8-$ 1926.5)🟢 and lower line of expanding ending diagonal. If you want to know my Ethereum roadmap, I suggest you see the following...
After thorough analysis, it is apparent that the price of ETH has developed a Head and Shoulders pattern. In the event of a breach below the neckline, a substantial downward movement is anticipated. It is, therefore advisable to closely monitor the neckline for any such movement. Furthermore, based on the strong correlation between BTC and ETH, it is expected...
After thorough analysis, it is apparent that the price of ETH has developed a Head and Shoulders pattern. In the event of a breach below the neckline, a substantial downward movement is anticipated. It is therefore advisable to closely monitor the neckline for any such movement. Furthermore, based on the strong correlation between BTC and ETH, it is expected that...
Here's a quick look at the 8 hr. ETH chart. Upon closer analysis, it is evident that the price was unable to breach the resistance zone and experienced a sharp decline of 10% in value. This suggests that the market lacks sufficient momentum to sustain its upward trajectory, particularly in the short term. Should the price fall below the HKEX:1900 threshold, a...
Ethereum managed to form a Head and Shoulders Pattern between two support and resistance zones, so that the Head part is in the 🔴resistance zone($ 2158-$ 2123)🔴. I expect Ethereum to at least fall to the bottom of the 🟢support zone($ 2041.40- $ 2017.68 )🟢 with the Head and Shoulders pattern. If you want to know my Ethereum roadmap, I suggest you see the...
Today let's take a closer look at Ethereum in the weekly time frame. Do you see similar movements❗️❓ As you know, the price movement depends to some extent on the previous movements, so if we want to compare the previous 6 movements of Ethereum in the first correction phase with the current 6 movements, We should look for evidence and similar movements.🔎🔍 ⚖️...
Currently, Ethereum is moving in the Price Reversal Zone (PRZ), so it is better to get to know the quality and power of PRZ to answer the question of the title of this post. What factors does the PRZ for Ethereum include in the daily time frame❓ (The higher the number of overlapping factors ⏩⏩⏩The strength and quality of the PRZ or resistance/support zone is...
Here's a quick look at the 2-day ETH chart. As we can see, the price has been oscillating within the bigger symmetrical triangle, and a breakout would cause a big move either way, depending on the breakout direction! If the price doesn't hold the current purple support, a move to the bottom of the triangle will be next at around 1300$. If DXY rallies, then much...
I will enter a short order to 1627$. Let's see how lucky i am) * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.
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...
ETH forming a very common Adam and Eve pattern here. For me its looks very bullish here. Bullrun may start from here. All the best guys