Past Performance of Ethereum Ethereum is deep in red like most crypto assets. When writing, ETH is up four percent in the past trading day but is down 16 percent week-to-date versus the USDT. There are encouraging recoveries at spot rates. However, this is not enough to dissuade holders who were pummeled on May 9 following the sharp dump that saw ETH plunge to as...
This indicator shows Fibonacci levels Right now on ETHUSD we are bottomed at the same levels as late 2018 and 2020 COVID See how it plays out
#ETH/USDT $ETH descending channel shows price is at middle zone. 🐮 holding this zone as support can increase price to upper line around $3k 🐻 but as we are in a sharp downtrend price can break down from this zone and drop more to lower line that is the same with 2 fib level and complete AB=CD pattern around $1000.
Ethereum, will it serve as a leading indicator, that bitcoin could fall further? Look how interesting, Ethereum activates the SHS and now it's just coming back to make a pullback that can activate the bearish pivot when it loses 2,203k. Outside that ETH/BTC Shows that the asset is in a drift that shows previous loss of strength. Full Alert !
Ethereum has been channeling for quite some time. ETH price is slowly gravitating down to major support levels. The lower border of the channel is expected to be tested. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Ethereum has resolved to eat more healthy food. Thus, it has added a lot of greens to its diet, as is visible in our chart. First, it should take a bite of the middle green zone between $2169 and $1542 to finish wave 3 in green. Then, it should climb upwards to complete the countermovement in wave 4 in green. Afterwards, Ethereum should resume the descent below...
$ETH chart is just like BTC chart. price broke out from falling wedge and target of this wedge is around $3400.
Past Performance of #Ethereum Ethereum is comparatively resilient against bears, soaking the selling pressure as per the developments in the daily chart. ETH prices are steadying above primary support, flashing with last week's lows at about $2.7k. Even so, sellers are in control from a top-down approach. ETHUSDT remains within a bear breakout formation,...
Here we could see SMS+BOS+RTO Pattern, as the price made a failure swing, broke the structure and now I am waiting for a return to bullish orderblock.
#ETH/USD $ETH trend lines show: 🐮 price can head up to resistance of cross of ascending and descending trend lines around $3600. break out from this resistance can increase price to ascending trend line around $3600. 🐻 and rejection from resistance of $3170can drop price to lower trend line around $2650.
Hello friends, today you can review the technical analysis on the 1W (weekly) linear scale chart for Ethereum (ETHUSD). The chart shows only the price and the similarities between the current market structure and price to the prior bull/bear cycle market structure and price. Each Support and Resistance Trend Line is color coordinated to match the prior cycle to...
#ETH/USD $ETH trend lines and fibonacci levels show that price is at support between 0.5 and 0.618 fib levels. 🐮 holding this support will head up price toward descending resistance around $3300 and breaking this trend line will increase ETH to $3700 and $4200. 🐻 it is possible that price drop more to 0.786 fib level that is the same with ascending support. then...
I like to ask why, about everything. At least for a moment. Why are these prices riding such a fine line. This is why charting helps me. I like to see the pattern of the power keeping the price above the main buy zoe and below the main sell zone. I want to see that development. If thais creates a stability then i want to wonder if that is what the final stage will...
Hello friends, today you can review the technical analysis idea on a 1H linear scale chart for Ethereum (ETHUSD). Ethereum price looks like it may be headed back down from the current price. Keep an eye on my Support and Resistance Trend Lines. The Fibonacci Retracement shows price has possibility getting back to the 0.382 level. There is also Ichimoku Cloud...
Consider that the dominant trendline hasn't been broken yet A bullish attempt has already been seen at this Trend Line Also the wedge that the price has provided us is quite a large range, providing a possibility of a huge price increase, comparable to the one seen in 2021 May The 200MA wouldn't have to curve much to begin to rise again A great long entry point
The bears are in charge! They have already dragged Ethereum below the mark at $3412 and – after some recreational sidewards movement – even further down. Soon, they should reach the support at $2306 and lead Ethereum below this mark as well to finish wave v in orange. However, we must keep in mind the 42% chance that the bears could lose control so that Ethereum...
#ETH/USD $ETH reached the triangle target and now is in pullback to triangle again. 🐻 price can drop to descending support line that is the same with support zone around $2800
Hey traders, in today's trading session we are monitoring Ethereum for a buying opportunity around 3190 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.