Ethereum price is sitting now in the support box we can expect two scenarios a revisit to hit 4.45k or a retest to the support levels 3.7k - 3.8k If we lose the 3.7k support the next one will be at 3.4k - 3.2k
I was waiting until now for ethusdt touch the 3950 which is the core of MPL of a serious FLAG LIMIT I drew all stories of ETHERIUM RED and GREEN lines are my favorite stories! BLUE STORY may occur only if green flag limit ENGULFED by the price & retrace up not to make impulse leg , to fall to the NEXT TRUE DEMAND! that would be the whole DAILY FVG! (about...
Ethereum is looking absolutely amazing against Bitcoin right now and over the past while, we recently had a little accumulation phase where we saw sideways and slightly downwards movement where we built up momentum and now we are breaking out and starting to make a nice run upwards! All shown by my second scenario yellow path, personally think this is just the...
Hello everyone, Some of you have personally asked for ETH targets and charts. Here we go, my ideas. ETH and BTC have now successfully bottomed out, Yes you heard me. This was the floor. Now the fun starts. ETH has perfectly retested the previous broken CUP n Handle continuation pattern and ATH. We have now a continuation which will bring us to 11k by the first...
On 10th of November, Ethereum (like a lot of crypto) has started to correct and after a short-lived spike under 4k, EthUsd has started to rise and now is consolidating in a triangle. I admit I had expected a deeper correction, but the market seems to contradict me... From a technical point of view, since the low under 4k, Ethereum is putting in higher lows on our...
Back on our Ethereum strategy here using the EDGE trend follow script. Entry details are shown on the chart we are in a short position. Trade has been live since 15:00 UK time. Working the 45M time frame here and we're only looking for TP3. Previous trades can be found on chart one was a sell that hit TP and a buy which hit SL. No strategy is 100% right...
An Idea for ETHUSD showing comparable structures in the current bull run The rising wedge normally is considered a bearish one, however in this case, it is bullish . As shown by the first rising wedge The second one will likely result in a larger rise as it is a bigger structural formation It can also be seen that the previous peak is acting as a support for the...
Taking a look at Ethereum VS Bitcoin we have been following by second scenario path (yellow) pretty accurately actually and we are now facing a little resistance coming from the 0.0733 level but i don't think it is going to hold up, i expect us in the coming days to blast through here and continue to outperform BTC. The reason being is due to my outlook on the...
We have a bullish ascending triangle with decreasing volume , at 75% completion. It's ripe for the breakout. It is the handle of a valid cup and handle formation in the making since the last flippening calls. the target of it is quite amazing. RSI being supported on the ascending trendline and being rejected of breaking bellow the neutral zone. more bull...
On Friday I shared an Idea on an Ethereum buy. The strategy in using our EDGE trend following script. The script has been set up to work a simple 1:1 RR ratio and look to take snippets out the ETHUSD instrument. Fridays idea can be seen below Friday's Idea went on to hit take profit target and since then a short position presented late last night which...
ETH seem on Bullish trend, strong support on EMA 50 TF 1D, strong demand area, still on bullish channel. The next target is 5356 for new ATH. What do you think guys? feel free to comments.
Since the ATH from above 4.8k ten days ago, Ethereum has started a bearish trend, with lower highs and lower lows (A correction in fact to the overall trend) and has dropped to the important 4k zone. The reversal from this low is, in my opinion, just a correction and we can expect a new leg down. At this moment EthUsd is trading just above important confluence...
Using the daily timeframe I have shown that a very interesting price pattern is being followed by Ethereum. Combining this with supply and demand theory I think the best zone to buy Ethereum is near the bottom of its daily ascending channel. This is a combination of fractal analysis and supply and demand analysis plus pure price action. In my view when different...
Ethereum chart shows 4 key areas of trendline support. The first support has failed and it seems we are headed lower. Keep an eye on these areas of support. I added in the VPVR to show the volume pockets. What are your opinions on this? Comment below, hit the like and follow me. Thank you! Check out more below for recent Altcoin, Bitcoin and Stock...
Morning traders. A new week and lets start the week with a crypto trade. We are using our trend following EDGE strategy for this Ethereum long trade. Entry details are shown on the chart. Trade has been live since 00:00 UK time. Working the H1 time frame here and we're only looking for TP3. Previous short trade from Sunday can also be seen on chart. As...
Ethereum has been following my second path pretty closely we got rejected off resistance at 0.073 and we have trailed down to support at 0.071 and we are looking for a very important bounce here coming up on our daily close. Looking at the bollinger bands we notice one thing that is not very ideal but isn't super crucial, we have fallen below the midline which is...
This one isn't for you buy and holds I'm not saying Ethereum is going to tank. But our script says it time to sell on this simple 1:1 RR strategy. We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart. Working the 45M time frame here and we're only looking for TP3. Previous trades can be seen on chart. The...