Hey traders, Quick update from my previous Ethereum read, it looks like the move is playing out exactly how we expected it to and we are on target for $1,287, or the bottom of the accumulation zone marked in green on my chart. We saw the short opportunity at $1,645 and then now we’re seeing the quick drawdown out of the distribution zone and back to the...
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...
ETH has been holding much better than bitcoin. It has also bounced much more than BTC. We expect that ETH will ´catch up´ and it will drop more if the sentiment overall remains bearish. It wouldn´t be surprising if we see a strong FUD regarding ETH which would cause a stronger price drop. ETH real capitulation most likely would cause a huge dump in the whole...
The Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation. This could have have ripple effects in the entire crypto industry! My price targets for Ethereum ETH are: ETH/USDT short Entry Range: $1650 - 1750 Take Profit 1: $1550 Take Profit 2: $1490 Take Profit 3:...
as you see it's ranging (accumulation) overlap with OB4 Need to wait for good entry on 65% long
Potential ETH Recovery idealized through previous pattern similarity illustrated on logarithmic charts. Most accurate on 1W+ timeframes. Correlates with possible BTC recovery.
....Though much greater upside potential in the long run. The target range for wave (C) of circle 4 is 400-600. The first target for circle wave 5 is 8k, 1.618 extension resides at 55k! Wouldn't be surprised if it reaches that level.
Going Short on $ETH with LH and LL pattern in formation on both 1Hour and 4Hour Time frames; EP: 1635.10 SL: 1681.67 TP1: 1584.77 RRR: 1.12
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 is Getting Ready for Massive Bullish Rally. 📈 A Decisive Daily Candle close above the Major Descending Trendline will signal a clear Breakout and potentially initiate a strong Bullish Trend. Once Daily Candle Close above the Major Trendline, #Altseason2023 will Officially Start. ✍️ Please like the idea for Support & Subscribe for More ideas like this...
We seeing good price action on HTF but we must wait for confirmations on LTF for us to even consider getting involved with this pair 4h outlook
The ETHUSDT price has begun its correction, along with the entire crypto market. But in fact, it has held up better than the BTCUSDT price, and has not yet updated the lows of late January. By the way, at the beginning of the week, we published a fractal on the BTCUSDT chart, and it is working out quite well. Now the whole world is waiting for February 14: ...
Coinbase CEO says he heard rumors the SEC wants to ban crypto staking. Already crypto exchange Kraken shuts down crypto-staking. This will have ripple effects in the entire industry! My price targets for Ethereum ETH are: ETH/USDT short Entry Range: $1500 - 1600 Take Profit 1: $1450 Take Profit 2: $1330 Take Profit 3: $1220 Stop Loss: $1720
Looking at the Daily TF of Ethereum, we can see a very similar structure to Bitcoin, but a little more manipulated in the price action. The manipulation zone is a bit bigger and the accumulation zone is a bit smaller, where as Bitcoin, the move was made as clear as day. Usually, I use Bitcoin to chart out the flows for the market and trade on Ethereum to juice...
Heading toward large resistance in uptrend (white line). Sell orders around 2k and could bleed down imo. RSI near support. But will need a push because 50 MA crossed below 100 MA. Might bounce before continuing the uptrend tho. This isn't financial advice and you should always DYOR. Thanks for following. Like, comment, share any ideas you have as well.
We can see a bit of a pump in price action on the 4hr chart for ether here. It appears to be breaking above the neckline of an inverse head and shoulders pattern(in yellow). Of course many times these patterns do not trigger their breakout on the first break above the neckline but rather dip back below it and wait until the 2nd or sometimes even 3rd break back...
ETHUSDT Technical analysis update Buy zone: Below $1675 Stop loss: $1625 Take Profit 1 : $1760 Take Profit 2 : $1840 Take Profit 3 : $1945 Always keep stop loss Thanks Hexa
Good afternoon, dear colleagues! I am glad to welcome everyone who wants to familiarize themselves with my vision of the current situation on this instrument. Is such a deal possible, what do you think? Leave your opinion in the comments. Dear colleagues, I sincerely thank you all for your attention and wish you all success! And remember one thing: "sometimes...