Though this episode of crypto winter is very soon due to be a thing of the past, just a regular seasons do, it will come around again! Considering the all-time structure of Ethereum's price chart, I believe the next crypto winter will be especially bad for Ethereum. While many altcoins are due for very sizeable runs (100x - 500x and more) over the next couple of...
Ascending Channel: The chart shows Ethereum moving within an ascending channel, which generally indicates a bullish trend. The price recently broke below the ascending channel, suggesting a potential correction. Support and Resistance Levels: Support levels are identified around 3,300 and 3,200 USDT. Resistance levels are around 3,400 and 3,600 USDT. ...
Ethereum(ETH) has succeeded in breaking the lower line of the Symmetrical Triangle . According to the theory of Elliott waves , Ethereum(ETH) seems to be completing corrective wave s. I expect Ethereum(ETH) to fall at least to the Potential Reversal Zone(PRZ) . Note: An important point you should always remember is capital management and lack of greed. ...
Hello Traders ! After a Huge Bullish Move, The ETH Broke a Strong Resistance Level (3729.16 - 3646.38). This Key Level Becomes a New Support Level ! So, I Predict a Bullish Move📈 --------------- TARGET: 4002.00🎯
The 1D TF chart for Ethereum shows a consolidation period following a significant uptrend. Key events include the publication of the U.S. Consumer Price Index (CPI) on May 12 and circulating news about the upcoming approval of the Ethereum spot ETF, which caused heightened market activity. On May 20, Ethereum's price surged by 21% in a single day, a significant...
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...
Hello traders, here is an analysis of Ethereum for the next coming days as you can see the price has been bullish for the past weeks and now it has reached a level of resistance(blue zone) that the price tested multiple times and that will be the key for this analysis because now I will wait for the price to break that level of resistance and retest it then I will...
- i am far to be Elliot Wave expert and to be honest i am not a fan. - there's a lack of precision and EW can be extended. - Don't forget that the real name is " Elliot Wave THEORY ". - included a Fibo Analysis + Trend Analysis + famous bubbles. "The Elliott Wave Theory is a form of technical analysis that looks for recurrent long-term price patterns related to...
Ethereum is bearish in the daily chart and can decline to $2,819, where price action will be very important. The ETHUSD chart has to push up to above $3,006 into the daily range zone towards $3,354, a critical daily resistance. A sustained price action that we see below $3,006 confirms the weakness, potentially triggering a bearish momentum targeting $2,597.
Indecisiveness persists in the intraday chart as Ethereum hovers around $2,992, an intraday support zone. 1. A bullish rejection of $2,992 with momentum could offer a scalping opportunity, targeting $3,166, $3,370, and possibly extending to $3,551. 2. Closing H4 candles below $2,992 raises the likelihood of a downside move towards $2,898 and $2,787. 3....
After failing to re-claim $3,166 yesterday, we saw a decline towards $2,992 zone. From its current location, the price can move in either direction. A bullish move towards and break-out of $3,166 followed by a re-test of this level will offer a long scalping opportunity towards $3,370 and, possibly higher, to $3,551. A bearish break-out of $3,354 will lead...
It looks like we have a FLAT pattern on the chart. Wave B of this flat is a diametric, now the wave e of this diametric is over and the price has entered wave f of B. We expect such a move from Ethereum in the medium term. The target is the green box. Closing a 3-Day candle above the invalidation level will violate the analysis. For risk management, please...
ETH ~ 8H 📈 #ETH Make purchases gradually in this pattern, with a minimum target of 15%+. this is a bull pattern on a smaller timeframe.
H4 - Bearish trend pattern followed by a pullback. No opposite signs. Until the two strong resistance zones hold my short term view remains bearish here.
🐻 Bear Flag Formation: The chart shows a bear flag pattern, outlined by yellow lines, suggesting a potential continuation of the downward trend after the consolidation. Watch for a price rejection at the upper trendline of the bear flag before a possible move down. 📐 Fibonacci Retracement Levels: Critical Fibonacci zones are plotted: The 38.2% level at about...
Ethereum was unable to break bullish through a minor daily resistance of $3,531 and the price pushed to the key support at $3,275. A bearish break-out of $3,275 will push ETH price lower to $2,800. ETH has to move bullish and break through $3,8 in the daily chart for another bullish extension towards $78,223-$82,353. Boost once read! Thank you.
Ethereum is struggling to break bullish through a minor daily resistance of $3,531, which could be interpreted as a sign of weakness. A bearish rejection of $3,531 will push Ethereum towards $3,275 and, if broken to the downside, lower to $2,800. ETH has to move bullish and break through $3,8 in the daily chart for another bullish extension towards...
Ethereum sentiment in the daily chart turned to neutral. A bullish break-out of $3,275 and a sustained price action above this level will send ETH price towards $3,837-$4,054. A sustained price action below $3,275 will push Ethereum price towards $2,800. Intraday Chart The ETHUSDT 4-Hour chart is strongly bearish and broke down through key...