Hello members, welcome to this ETH update in 3 days timeframe. This certainly doesn't look good. ETH made an H&S pattern and then doom. A -32% drop so far has liquidated many traders' hard-earned $$$$. We can see certain support levels at $1790, $1445, and $1050. Most likely ETH can bounce back from any of these support levels but will it be too late for the...
This indicator shows Fibonacci levels Right now on ETHUSD we are bottomed at the same levels as late 2018 and 2020 COVID See how it plays out
An idea exploring a repeating or comparable Head and Shoulders formation The white rectangle is the comparable place in price I don't think a moon shot as big as the 2016 will follow, simply because of the age of ETH compared to 2016 Growth will resume although.
Consider that the dominant trendline hasn't been broken yet A bullish attempt has already been seen at this Trend Line Also the wedge that the price has provided us is quite a large range, providing a possibility of a huge price increase, comparable to the one seen in 2021 May The 200MA wouldn't have to curve much to begin to rise again A great long entry point
Ethereum looks bullish to me. We are creating higher highs, and we already have a minor correction. But, according to other altcoins and sentiment, we can go higher to $3570.
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Ethereum has been consolidating in a ascending parallel channel in a 4-hr time frame. There is a negative rsi divergence there. We may short Ethereum once the parallel channel breakdown. Support/target levels or there on the chart. Can wait for a entry, Once it retest the parallel channel support we can enter the trade and hold it till our target price.
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📉 Expecting bullish price action on ETHEREUM as price is filling a H4 bullish imbalance and rejecting from a POC X2 Volume Profile area + Bullish orderblock on H4, we have a bullish market strucutre on the H4 as price keeps making higher highs and higher lows with bullish BOS (break of strucutres) My target is above 3000 institutional figure.. What do you think ?
Ethereum can be seen to be forming a large wedge structure, in which looked at in a reverse fashion a sharp breakout can be seen upon the ending of the 'falling wedge' This breakout was a 134% increase from its bottom This bottom is a crucial point in the evolution in price, providing the first bottom for the double bottom structure I say price must be higher for...
Welcome folks to the new update on ETH in 4 hours TF. The month of March has begun and it's a good kick-off for the entire market. This is also the last month of the 1st quarter and so far things look good. Ethereum is almost 19% up from the last bounce at $2558 and the current price is breaking the upper trendline which is also a resistance level. We cannot...
The final pump of the earlier run for ETH pushed it through 0.618 Perhaps this is suggesting that the final pump for this run will push price through 1.618 I have drawn the circle to include the last cycle aswell as this bull cycle
Ethereum did get below significant zone a couple of weeks back, which turned from support to resistance. Although we saw a second strong rejection to the downside, we're still below the zone, which needs strong power from bulls to get through. Although bulls would be right by saying there is some positive development (rejection of move to the downside, outflow of...
For me. With my method of charting i pick spots of interest and use those as sign post to direction. With coin and stock i always move in stages never large single moves. That being said i sold off about 70 percent at the last peak and have been waiting for this line to either break or for the market to take off. Either way i'm happy. i can buy on the way back up...
Using fib circles (drawn with the strongest trend provided) 4.618 can now be viewed as a support level Recently it was seen as resistance The move in yellow is what allowed this transition Should be up from here for the ETH/BTC pair on the daily timeframe.
01.21.22 1053H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. This will be a good season for ENTRIES. Market has found strong support at a very bargain price for cryptos. We will be focusing on BITCOIN and ETHEREUM as our TOP CRYPTOS. As...
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock/Crypto coins to take a retest after the breakout, it may also...
Looks like we are in Wave 4 of the 5 wave series for Ethereum A-B-C irregular correction Macro-level In a complex A-B-C correction W(A) is a 3 wave (orange) W(B) is a 3 wave structure and usually ends above W3 (purple) Wave(C) is a 5 wave and drastically drops to the start of W(B) or a little lower If we are in the downward cycle with the changes in the...