Ethereum has been performing very well against BTC in the past months making huge gains in a shorter timeframe and i think we are setting up for another big run coming up soon. With the falling of BTC dominance and the rise of Ethereums dominance we are going to start noticing that Bitcoin is likely going to be making minor moves but more sideways price action...
Since the beginning of November, Eth has started to correct its long term bull trend which only in 2021 brought gains of around 700%. Although the drop we are in is just a correction to this trend, on medium term it can be seen as a small down trend. I expect continuation to the down side and I'm focusing on 3k zone for my sell short trades. Ethereum's price above...
Ethereum has not broken its trend. Price action is still within the Ascending Triangle channel. Chart shows a healthy sign for a reversal back upward if support holds.
Hello friends, today I am showing you a multi-month trendline that has supported Bitcoin (BTCUSD) and Ethereum (ETHUSD). #CryptoPickk notes the following: 1) The trendline has supported both Bitcoin and Ethereum price since the beginning of the bull market and it has re-tested the trendline before making the next move upwards. 2) Since July 2021, the price has...
Taking a look at our Ethereum Weekly chart we are still moving to the downside but i feel this could be the final week of downside before rebounding to the upside, we have had a total of 7 weeks worth of downtrending candles and that could be coming to an end very soon. we are trading inside of a bullish pennant which historically has lead to upside breakouts, we...
#ETH/USD $ETH touched 1.618 fib level of last swing down and pullback to broken resistance of cup and handle pattern. if price hold this support zone that is between 0.5 and 0.618 fib levels of last swing high and descending support zone too, it can rise to make a new ATH somewhere around $5700 and $6125.
#ETH/USD $ETH weekly trend lines #Ethereum can drop more to support zone between $3584.79 and $3420.07 where 2 ascending and descending trend lines meet and make it strong support. staying above this support will increase price to make a new ATH. or if bulls can hold the price above $3853 that is around ascending trend line, it can move upward from here. also RSI...
Checking out Ethereum on the daily timeframe we are looking a bit shaky i can't lie, todays been a rough day for the markets overall and we have came way down out of are accumulation zone and we are currently sitting below the 0.2 FIB level which of course is not very ideal and if we do close below here the door is open for a push down to the 3667$ level. After...
#ETH/USDT $ETH in daily chart is between to major ascending line that will show us the next move of #Ethereum. close a daily candle above daily ascending resistance will confirm the uptrend move and close a candle below daily ascending support will confirm down trend. in 4h chart price broke out a triangle pattern and now pullback to this pattern. if price stay...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD), a cryptocurrency. The chart is self-explanatory. Ethereum price is currently trading in the Fibonacci Golden Pocket zone and in a high trading area of the VPVR (Volume Profile). The Ichimoku Cloud shows green clouds for upcoming support. RSI also...
Hello, friends! I would like to briefly talk to you regarding Elliott Wave Theory and how we can use it to our advantage. Brief history and intro: Ralph Nelson Elliott concluded that the movement of the market could be predicted by observing and identifying a repetitive pattern of waves. Elliott first published his theory in the book titled The Wave Principle in...
After the last drop, Ethereum rebounded and had a very short-lived rally above 4k. However, Ethereum, like all crypto market, in fact, is very weak and the price of Ethereum fall back quickly under 4k. This is a strong bearish sign for me and I expect a new aggressive leg down, this drop can easily extend to 3k zone. Only if I see strong buying power and Eth above...
This is my view for Ethereum Price Prediction ETHEUR on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello friends, today you can review the technical analysis on a 4H linear scale chart for Ethereum (ETHUSD), a cryptocurrency. 1) The Ethereum price currently broke down from the Symmetrical Triangle Pattern it was forming. 2) If price does not get back into the triangle, it may be supported by a Multi-Month Support Trendline. 3) If that support trendline...
As talked about previously i mentioned the possibility of an upcoming bear trap on the Ethereum bears, where we would breakout and close below our key level at 3990-4K faking out traders into thinking a bigger drop is coming, before then rebounding to the upside and hopefully this plays out as a bear trap because that will mean we will be seeing some nice upside...
Following Dow theory and based on Descending channel, its good time to short ETH. Please follow and like for more ideas. THank you
Hey guys, Julie here =D Let's talk about Ethereum today: ETH is kind of moving sideways since November 18, after a huge bull trend, which is perfectly normal, I think it might just be resting now. But one thing I've noticed is that the red candles have been bigger than the white ones for a while, and I don't like that, to me it's not a good sign. We have some...
If you've read my analyzes, you know that I have "a problem" with an asset staying at support or resistance as an invitation to buy or sell and make money, as if it were so simple. Is exactly Eth's case right now, with the price coming back to 4k for all of us to buy and make money, and if you remember, a week ago Btc stayed at 55k and... I can be wrong this time,...