H4 - Strong bullish momentum. Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further in the short term after pullbacks.
ETH's price action has been caught in a trading range since its bull run to $2,400 on December 9th. We've now registered three failed attempts to break that $2,400 resistance, is it time to short? How do we trade this? 🤔 We can justify a small position short scalp with the current analysis at a 1:1 Risk/Reward Ratio. The justification is the triple top after...
Ethereum has a string of reversal indications that give us a picture of bearish price action. Are these data points enough to enter a short? How do we trade this? 🤔 Three pushes up, an ascending wedge, and strong resistance alone is not enough justification to enter a reversal trade unless you fade your position (small entries until the reversal happens). It's...
🎄Merry Christmas! 💫Happy Holidays! I hope all of your Christmas wishes come true. ✅ Ethereum(ETH) managed to form a Three Falling Peaks Pattern near the 🔴 Heavy Resistance zone($2,540_$2,300) 🔴 and 🟡 Price Reversal Zone (PRZ) 🟡. 📚What is the Three Falling Peaks Pattern❗️❓ 🔸 The three falling peaks pattern consists of three peaks and two valleys of give or...
Ethereum is far into its bull run from $1,100 to $2,300; with three pushes up and a Weekly RSI near the 70.00 level, and we're near a resistance level. Three initial conditions for a trend change. How do we trade this? 🤔 These conditions are great indicators that we're near the end of the current bull trend, but we don't yet have any confirmation that we're...
✅It seems that Ethereum managed to break the Important Resistance line . ⚔️At the moment, Ethereum is attacking the 🔴 Heavy Resistance zone($2,540-$2,300) 🔴. 🌊According to Elliott's wave theory, Ethereum completes a main wave 5 . 🎯Main wave 5 is likely to be completed in my Target . Ethereum Analyze ( ETHUSDT), 15-minute time frame ⏰. Do not forget to...
Ethereum is at a crucial moment in its journey to break the $2,100 resistance area. We're currently in an ascending triangle, a bullish pattern, knocking on the resistance zone door. Will it break through? How do we trade this? If you are not in a trade right now, do not enter one. We should not be longing resistance nor should we be shorting without a sell...
Lately, ETH has displayed a strong bullish trend. This video thoroughly examines and dissects this trend, closely analyzing price movements and identifying potential trade prospects by assessing various scenarios within the weekly and daily timeframes. Anticipate an in-depth exploration of price behaviors, market formations, trend assessments, and critical...
👋Hi, everyone. I hope you have a great weekend.🥳 📈Today, I am going to analyze Ethereum(ETH) for you; since more than 80% of the Tokens in the cryptocurrency market are on the Ethereum network , I hope this analysis will give you a good insight into investing in Ethereum(ETH)and other tokens . ✅Ethereum(ETH) reacts well to the 🔴 Heavy Resistance...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this important ETH update. Currently, ETH is trading under the $2100 level. As you see in this weekly chart, ETH forming a cup and handle pattern here and trying to break the neckline. Once it breaks the neckline and the weekly candle closes above it ($2150) then...
- Keep things simple. - Not a price prediction. - Stay Safe! Happy Tr4Ding!
#Ethereum Down Time Came...It's ready to collect downside liquidity. Bull Volume is weaker then Bear Volume. And My PA supports #ETH Short.
H4 - Strong bullish momentum. Higher highs. Currently it looks like a pullback is happening. Until the two strong support zones hold my short term view remains bullish here.
Binance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws. The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community. Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative...
Today's focus: ETHUSD Pattern – Divergence, demand bounce. Support – 1538 Resistance – 1647 Thanks for checking out today’s update. Today, we have run over ETHUSD, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis. ETHUSD continues to build after sellers look to have formed a washout bar...
This is a 1D frame analysis for ETHUSDT As we can see, after dropping the white support line, the price experienced a downward trend and, due to market fear and high selling pressure, was unable to break back above our line and stabilized below it. However, currently, with the price lingering around our support zone for the past few days and the indecisive market,...
Hello, Traders. I'd like to provide a quick update on Ethereum (ETH) in a 2-day timeframe. As we're well aware, the cryptocurrency market often takes cues from Bitcoin (BTC). Recently, when BTC experienced a sharp drop from FWB:29K to FWB:25K (a -13% decrease), Ethereum (ETH) and other major altcoins followed suit. ETH, for instance, went from $1808 to $1540...
The forecast is still moving as expected, looking for one more low before seeing a potential move to the upside. If you enjoy the content please leave a like and comment down below what you would like to see next, Trade Safe!