I believe we will retrace there and come up. Let's what will next week show us.
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves and Rejecting from Daily Demand Zone or Fibonacci Level - 38.20%. Break of Structure and Completed the Retracement. Break out of Upper Trend Line of Consolidation Phase to make Fake Breakout. Strong Divergence in RSI
Since we are coming to the end of February in 4 days, I felt the need to do this analysis. I think the critical level for Ethereum in the monthly timeframe is $1828. This is because the moving average is at that level. I think that Ethereum, which has always followed this moving average in history, will follow this moving average again this time. The monthly close...
As we can see Ethereum/USD is making Symmetrical Triangle pattern in 15 min Timeframe. As price is making Higher low's, it is gaining a momentum. If price crosses upper resistance trendline we can see a further upmove and crosses down support trendline we can see a further downmove. This is symmetrical triangle pattern also called as continuation pattern. If price...
The global idea for ETHUSDT that we published more than a month ago is still relevant and is being developed well. The ETHUSD price has entered the $1750-2000 liquidity zone and the process of "braking" growth has begun. It seems that it is still not strong enough to break above $2000, and a correction is needed. If during the correction, ETH buyers manage to...
Good day! I expect further reduction of the instrument. The market looks weak. Thanks for every view and like! Good luck! #ETH #ETHUSDT #USDT
I am bullish on Ethereum ETH ahead of the FOMC Press Conference. Those are my price targets: ETH/USDT Entry Range: $1550 - 1600 Take Profit 1: $1710 Take Profit 2: $1870 Take Profit 3: $2030 Stop Loss: $1385
Almost two weeks have passed since the transition of the Ethereum from POW to POS What did we get? Movement along the red route from our previous idea, as well as: - reduction of mining of new coins by -86-90% - falling ETH price A little illogically. The prospect of a decrease in the supply of Ether on the market should have provoked a strong increase in...
Hi friends hope you are well and welcome to the new update on the Ethereum coin. Big wedge formation: On the weekly time frame Ethereum has entered a very big falling wedge pattern. Priceline found the support of this pattern in the month of September 2021 then got 1st rejection by the resistance of this pattern in the month of November 2021, then again drop...
Read the text carefully: If we reach the red box that is 2100-2400 USDT, it is an excellent area for short position In general, the path that Ethereum will follow for the coming months and weeks will be a deep and heavy fall towards $500-$350. This drop is not specific to Ethereum and I think the entire crypto market will undergo a heavy correction. For more...
More than a month ago, we published the ETHUSDT trade with +84% return (our take profit $2024, maximum $2029) We warned that in this liquid zone it is better to cover longs, because a correction may begin. Given that the transition from PoW to PoS is planned to be completed between September 16-19, we take these dates as a basis. We suggest that another wave...
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A comparison between early 2017 ETH and current price formation Similar bottom patterns can be seen I assume the early 2017 case is a more volatile situation due to age A sharp recovery is still valid if this comparison is however My third update to the bull faith cases rest are below
Ethereum Intraday - We look to Buy a break of 1181 (stop at 1139) A break of the recent high at 1174 should result in a further move higher. 50 4hour EMA is at 1175. Short term momentum is bullish. Our profit targets will be 1288 and 1318 Resistance: 1170 / 1200 / 1250 Support: 1100 / 1050 / 1000 Please be advised that the information presented on...
Hi everyone As we get close to 8th of June for Ethereum 2.0 upgrade, some good bullish moves may happen on this asset's pairs which includes ETHUSDT. In the past couple of bars, the weaker selling pressure is obvious,but to have a healthy trend we may get another move down to 1725$ and then we can have some good bull market. Support factors are 1725$ level...
Hello traders, Here's an update on ETH in 3 hours timeframe. ETH has been rallying under the $1900 to $2000 range for the last couple of weeks. Could it be a high time for ETH to rally higher or will it drop down further low? Usually, after a big drop, a sideways pattern, a falling wedge pattern, or a rising wedge pattern is considered bullish or bearish...
This area is bottom of biggest channel and i think its important, the price had reaction about that i think its waiting for BTC price.