If you decide to become active in craftsmanship and plan to put up a picture all by yourself, you might want to check the relevant wall for current lines first before hammering or drilling straight on. Quite similarly, Ethereum is currently scrutinizing the orange wall between $2402 and $1861 to find just the right spot to enter it. For we expect Ethereum to bore...
Hello friends, today you can review the technical analysis idea on a 4H linear scale chart for Ethereum (ETHUSD). Ethereum price is in a downward trend with the price currently sitting at the 0.236 Fibonacci Retracement level. It may make an attempt to get back to the top of the local resistance line where the Ichimoku Cloud and 0.382 Fibonacci Retracement level...
Hey traders, in today's trading session we are monitoring ETHUSD for a buying opportunity around 2500 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Little Update on our recent ETH TA like we somewhat expected we saw a rejection off of the top of this triangle that we have respected during our whole time trading within it, now theres definitely some good reason behind this rejection we have multiple layers of resistance all at the same level, first of all the top of the triangle itself, the 50 day EMA, the 0.6...
Ethereum is on the verge of a potential breakout of this triangle, we have wicked up and above for the first time but have since came back down to just below the top. The very good news is that we are looking like we may see a daily close above the 0.6 FIB level and yesterday we had a daily close above the daily pivot point (teal) both of these are very bullish...
It’s a bit like sipping tea. You take the cup to your lips to check the temperature only to decide “No, not yet”, because the brew is still too hot and you must let it cool down a bit longer. (And then, you promptly forget that you have even made tea in the first place.) Similarly, Ethereum has taken a sip of the orange zone between $2402 and $1861 but decided to...
🟢 ETH breaks the 2700$ support area and now taking support at the 2500$-2600$ area. If ETH breaks 0.382 Fibonacci level then we see a test of the major support of the 2350$ _ 2450$ area. The resistance is 2715$ and 2850$ area. Use the appropriate loss limit for your trades, which has a very high possibility of emotional movement in the market. ⚠ This...
On the 4h chart we see a clear double top around the 3200 area. If Ethereum can break the downtrend line from the 1 day chart we can expect to see significant price movement upwards.
#ETH/USDT $ETH dropped to lower line of parallel channel. 🐻 if 4h candle close below lower line of channel, price will drop more to support zone around $3050 and breaking this support will decrease price to $2960 and $2880. 🐮 close of 4h candle above resistance zone around $3190 and middle line of parallel channel can increase price to resistance zone around $3400.
#ETH/USD $ETH broke out from ascending trend zone and try to confirm it as support. 🐮 as you can see price is inside resistance zone, that need to break out from upper line around $3060 to head up toward resistance levels of $3250 and $3450. 🐻 rejection from this zone and break down from ascending trend zone can drop price to support zone around $2800
There are 3 different signs that clearly indicate bullish run of ethereum. Follow for more
Ethereums been getting beaten down recently following Bitcoins lead and we have been trading within a descending channel like we talked about last time, we had a brief fall out of this channel but have since recovered after finding support at the 0.786 FIB level, we have also regained obvious support at the 2618$ level. We have fallen out the downside of our...
Ethereum is following the price action of BTC very closely but instead of a bullish triangle like BTC we are currently trading inside of a bullish pennant! ETH is making some nice gains the past week moving up day by day slowly but surely and we are coming up on some important levels, first off for resistance we are looking at the bollinger bands, ideally a break...
As it was normal, after reaching 2200, EthUsd has started to correct higher. At the moment of writing, Ethereum is at 2700, exactly at last week's high, and is entering my sell zone This resistance extends to 2950-3000 and a new dive is probable in the next days. I still expect a visit to 1800 and only if I see sustained buying above 3k I will change my bearish opinion.
#ETH/USDT $ETH is inside rising wedge. there is an ascending resistance line that can reject price from here and drop it to support zone around $2300. and if break out from current resistance it will head up more to upper line of wedge pattern then fall to $2300.
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum ( ETHUSD ). The chart is self-explanatory. There are many bearish signs so be careful when considering to trade Ethereum. Included in the chart: Support and Resistance Lines, Ichimoku Cloud, VPVR (Volume Profile Visible Range), 50 Simple Moving Average, 200...
#ETH/USDT $ETH touched the upper line of clone channel and dropped to lower line that can be a pullback to broken line, so in this way it will increase toward $2900. but more possible way is that price break down support zone and drop to lower line of channel around $1900.
Like all crypto market, Eth has reversed strongly from my pointed-out sell zone yesterday and what took 48h to gain was erased in only 8 hours, giving us a strong clue about the bearish momentum. At this moment the cryptocurrency is trading exactly in 2400 support and a expect a clear break under soon. Bears can target the next important support at the 1750-1800...