H4 - Bearish trend pattern followed by a pullback.
No opposite signs.
Until the two strong resistance zones hold my short term view remains bearish here.
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.
Ethereum is moving to 2700$ as we already mentioned , have you took position? if yes then congratulations we are in profit and we will hold till our target
its might be a risky one i am not that much shore the price will come to our entry point but i am worried due Eth upgrade. the investors are getting there EThs it might create some fear in those investors heart when the see Eth price down by 3 percent so may be in FOMO they start selling and we may see a massive dump and we will hit our stop loss. that's why stop...
#ETH UPDATE.
#ETH has broken above the symmetrical triangle and blue box resistance as well,now the blue box area is the new resistance for ETH.
Can take some long positions with blue box area s the new support and the stop-loss.
*Disclaimer, this is not financial advice, just my opinion as a crypto enthusiast.
ANALYSIS
On the weekly ETH/BTC chart we have a "cup and handle" formation which is known to be one of the most consistently accurate chart pattern.
PATTERN CHARACTERISTICS
*The base of the cup is very smooth (rounded) rather than jaggedly or V-shaped which gives this pattern more...
Formation of bullish Shark:
This time on very short term hourly chart the price action of Ethereum with Bitcoin pair is forming bullish harmonic Shark pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern should be:
Buy between: 0.023043 to 0.022906...
