Predicting ETH to outperform BTC in the current stage of the bull run as ETHBTC has hit a hard support and is looking to create this W formation This will shake the market up BULLISH
Has ETHBTC bounced off a lower curved trend line? Suggesting it has using this chart we can plot future values for ETH's value Vs BTCUSD Incredible how much the value could change Bullish
Right Shoulder is currently under formation with the big bull move yet to come H is the head of the structure Top dotted line is just a potential price move and forecast aligning with the lower diagonal lines Bullish
Price has broken out from the double bottom on the upward diagonal line A sloped cup and handle can also be plotted or it can be interpreted as a larger bowl structure, currently experiencing the upward phase of the handle or completing the bowl. See if it can reach the prior high
Three boxes, movements within each are often sideways leading to bull moves Currently we are experiencing a bull move on TOTAL2. Lets goo
If BTC breaks above $70k and holds, I see no reason why ETHUSD won't have a run towards $5k or better. This would target would be an extrapolation of the previous bull flag. Not financial advice. DYOR.
Trade setup : Price is in an Uptrend. Following a bullish breakout from a Descending Triangle pattern, price spiked up 25% and reached our near-term target of $4K. However, it got overbought (RSI ~ 70) and is pulling back on some profit taking. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $4K to signal...
Ethereum on the monthly timeframe shows a strong engulfing candle, confirming the strength of the upward trend with its close. Ethereum has a key support level at $3500. This support level can serve as the starting point for a new upward leg towards the previous all-time high (ATH) after completing its pullback. From a technical analysis perspective, if the $3500...
Hello dear traders. You can see two areas on the chart, you can enter the position depending on the sale and buy area. And I made a serious decision to share the important areas of my personal strategy for free if supported.
Please, check our technical outlook for ETHUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 3,770.2. The above observations make me that the market will inevitably achieve 3,568.9 level. P.S We determine oversold/overbought condition with RSI...
Just like the textbook states, an impulse is followed by a correction. Examining the recent build-up, we might infer that the price has been soaring in the upside direction after having broken out of the descending trend-line mapped on the graph. At the moment, however, we are witnessing obvious signs of a potential bearish reversal and, if bearish moves kick in,...
Resistance and support level that could be used while placing trades. Note: this is not financial advice. kindly do your independent research and analysis before making financial decisions.
Hello friends, welcome to this ETH update from Crypto Sanders. ETH/USDT Brief Update Ethereum (ETH) is currently trading within a head and shoulders pattern on the 4-hour timeframe, as seen in the chart. Here are the key points: ETH is showing a head and shoulders formation, which typically signals a potential bearish reversal. Resistance and Support: Around...
Daily Gaussian Channel example showing a shift from the bear state to bull This observation leads me to believe we are in for more upsides for the bulls Lets go
The Gaussian Channel shows a bullish trend on this Monthly timeframe with a strong bounce off the middle line of the channel. This as a point of reversal allows ETHUSD and other altcoins to out perform BTC on a Monthly scale. I think BTC will Top very early compared to that of Ethereum and other altcoins.
Ethereum is on very balanced bullish technical levels on the 1W timeframe (RSI = 65.615, MACD = 296.600, ADX = 38.829) suggesting a healthy, sustainable uptrend. Just a few days after the ETF approval, ETH is breaking out of the March-April correction and in comparison with the previous Cycle, has completed step <7>. This is taking it out of the accumulation curve...
Hello Traders and Investors, today I will take a look at Ethereum . -------- Explanation of my video analysis: By connecting the significant highs from 2018 and 2021 and the significant lows from 2019 and 2022 you can see that Ethereum is clearly trading in a rising channel formation. Furthermore Ethereum is approaching the previous all time high which is...
Hello Traders, Checkout the latest update on Bitcoin and Eth. Still trading in range and we might see small liquidations