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 is moving in the 🔴heavy resistance zone🔴; if we look at Ethereum in terms of Elliott wave theory in the Daily time frame, we will find that Ethereum is completing 5 impulsive waves so that the fifth main wave follows the Expanding Ending Diagonal structure. There are two signs to confirm the wave count: 1 - There is a Regular Divergence(RD-) between...
👋🏻 Hello everyone, today we would like to look at the Ethereum chart and possible scenarios. Now the price is in the support zone, but we have several bearish signals: 1️⃣ Local lowering of highs and lows 2️⃣ The weakness of the entire market and the renewal of all time low on many top altcoins 3️⃣Increase in volumes on the fall 4️⃣Fixing below 50 and 100 daily...
I wanted to share some Ethereum (ETH) trading updates with you. While ETH moved slightly higher, it is still trading below $1,800. In today's session, the price of ETH/USD reached a high of $1,757.89, an improvement from yesterday's low of $1,723.09. The recent surge in price was due to bullish activity at a floor of $1,730, with the RSI bouncing from a floor of...
I am bringing to your attention the current state of Ethereum's price trend. As of now, Ethereum has been experiencing a notable downward trend in price when observed on a daily timeframe chart. It is currently trading at approximately $1,740, which reflects a decline of over 5%. It’s becoming increasingly evident that Ethereum is experiencing a bearish trend in...
KUCOIN:ETHUSDT ETH has had an impressive run to 2140. Pullback sits currently at 1874 and in a Head & Shoulders. Break of Neckline will possibly provide short ideas with target ideas to 1690, 1520, 1370 zones. If the Neckline does not break and volume sets in go long - for targets see my 18-Apr ETHUSDT post with this chart: www.tradingview.com Always having...
If you haven`t sold Ethereum here: Then you should know that Ethereum, currently trading at $1841, has formed a head and shoulders pattern, indicating a potential bearish trend. This pattern consists of three peaks, with the middle peak forming the head and the other two forming the shoulders. The neckline, a key support level, must be closely watched as a break...
Using the Top Cap indicator to plot the next bullrun each bullrun the top cap is touched or nearly touched I think the previous bull run was just a taste of what we are yet to see on ETHUSD Bars patterns show my thoughts Daily Chart
SOLUSDT Downtrend resistance was successfully broken. Now bulls have power to reach $24.50 level...
Negotiators from Democratic and Republican parties finalized an agreement on Sunday night. Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the...
I think we will experience one more move up comparable to that of DEC 18 where price bottomed and we experienced a short move up. We are in the last stages of this short move up. RSI analysis.
Looking at the 4-hour time frame of Ethereum, we see see flat price action for the past month. The price has been floating over this 1645 level that hasnt been retested, but neither has $1284 on that March low. Just like the banking contagion in May, i’m expecting some upside because the crypto markets really liked the banks failing. There’s the downside...
A falling wedge pattern which are considered a bullish pattern once completed. This bullishness we might see once ETH stops hovering around these 1700 - 1800 levels. Im still bullish on ETHUSD right now.
Clean retracement to .78 on the fibs and we're holding strong. I think that we should go retest the highs and break $2150 over the next few weeks.
Ethereum seems to have created a 🐻bear trap🐻 (but the 100-SMA held Ethereum well). According to Elliott Wave theory, Ethereum is completing a c orrective structure . Ethereum correction structure can be Expanding Flat(ABC/3-3-5) or even Double Three Correction(WXY) . I expect Ethereum to go up to 🟡 PRZs(Price Reversal Zones) 🟡 after breaking the ...
Would the previous peak lead to a double top with the current peak? Bars pattern just shows my thoughts if price did double top and price moved down
The Gaussian channel is turning green! Price is moving up slowly but for now it has perched itself above the middle line which is a really good support. ETH may continue to move up as the channel continues to turn.
ETHUSD on this Monthly timeframe shows higher lows sitting just above the top of the channel. If we are able to recover and hodl this Monthly upper line the bulls are still on for the long term. Higher lows present.