Ethereumdollar
ETHUSD Monthly ObservationComparison between similar candles
Only if this current monthly candle closes below the giant one formed prior is a bear market confirmed
Until then, bulls have dominance, even if it seems they don't
Don't get shaken out
The giant wick acts as a support
ETH: Ready for a breakdown?ETHUSDT looks ready for a breakdown:
We are above the 180 EMA, resistance-turned-support, and the Ichimoku cloud.
But, we have formed a triangle, that looks ready for a break, considering the current trend is still a downtrend.
The triangle will probably break down pushing us below the Ichimoku cloud, turning it into resistance.
Volume has been following quite closely the moves in price, so no divergence here.
I believe this last few hits against this area of support have eroded the buyer's capacity for keeping prices this high, confidence is not great and bearish sentiment might soon go into overdrive at any sign of FUD.
Based on this, I'm really looking for lower ETHUSDT prices and going back into the 2K to 1.5K range for a while.
ALWAYS PRACTICE RISK MANAGEMENT, RISK MANAGEMENT IS THE MOST IMPORTANT SKILL IN TRADING.
Other occasions the 100MA was tested ETHUSDChart showing other times the 100MA was tested
Pretty bullish signs are evident
ETHUSD The Only Trend Line You NeedRestating this as I feel my first post for ETH and this was overlooked possibly,
This is a massive trend formation for the bulls
It will likely hold even against Bitcoin
At with the approaching 100MA test, that time may be soon
ETH looks really bullish, while BTC looks to find support..
ETH: Careful with a triangle breakdown and DUMP.ETHUSDT has significantly dropped since the ATH of may the 15th.
with a 60% drop and $2650 down in only 8 days before hitting a local bottom and recovering until the current triangle was formed.
This powerful downtrend seems to be stopped right now, as we form this triangle, volume keeps steady.
This triangle may soon breakdown, I'm basing this bearish scenario on the following:
The current trend is bearish
Bearish Kumo twist has already formed ahead
The rather bearish Price action of the few last days
Based on this I believe this breakdown will be followed by a small bounce from the area of support that consists of previous resistance of 2K to 1.5K range, the 180 EMA, and the Ichimoku cloud.
If this bounce is rather weak we will probably continue the downward pull.
ETHUSD Stuck between CirclesEthereum is in a strange spot
Between an area of a larger fib circle and another area of a smaller fib circle
It is wedged between them
I hope the line holds and we see a breakout to the upside
Ethereum 1Hour timeframeBy Open moving averages I mean it is layered (50->100->200) structurally
There could be a fourth move up? and a breakout from this sideways action
I do not think Ethereum has topped at all
Adding Ethereum and XRP currently
ETH Long ideaHi everyone,
I think ETH is making a similar pattern to BTC at 20k: rising consolidation > huge rise that later makes a blow off top > drop is down to where consolidation started. More examples in comments.
I believe movement could look something like I've drawn on chart.
Don't be shy and leave a comment :)
Thanks
More Ethereum Content ETHUSDEthereum has recently been rejected at the 2.618 Fibonacci level within the circle
Similar rejections can be seen between 1.618 and 2.618 on the right
A triangle has formed on the right, in recovery stages at the moment for the bulls
This is still in bullish continuation, buy the dip ppl!
Ethereum, ETH - I expect on local correction👇🏻Preconditions:
- broken local trendline
- head and shoulders
- pressure of key level
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ETH still a GREAT buyOn the chart to the right you can see the support line that has formed, buy right on the line!
On the left side I expect a prompt reversal following a bounce on the 100MA
Attaching some great charts that I often refer to as time passes
ETH quick recovery, climb out of 2.618Using Fibonacci circles to analyze moves on the market
On the first oval a rejection can be seen at the line (2.618)
The second shows the same thing, will the recovery out be the same?
Been stacking ETH lately
ETHUSD Package update The trendline that extends through the bear market has been reclaimed, Implying a big move, which we have seen a bit of so far, but there is more to come.
I thought i would make this a 'package' Including the best of my analyses for Ethereum for people to archive to view later in the future, further into the bull run
I will attach the ones i think are the best, however this is the most bullish I've seen Ethereum in a long time.
Enjoy , bix
ETH ( Ethereum )/USDEthereum is making a channel over another breaking ATH & higher lows after a 60%+ run.
Diamond Breakout PatternETH hourly chart
Can see a clear diamond form with the price action
Added some cool mosaic type
Breakout is now
ETH (Ethereum)/USDTcurrently in a channel ranging after that beautiful 62% run, it's expected & if you check the higher times frame you'll actually find that it's right on a resistance line.
Ethereum, breaking ATH at the moment looking for a break out of the channel for the continuation upwards. Bullish.
Ethereum Strength, MACDEthereum is showing a lot of strength on the MACD vs BTC which has just undertaken a bearish cross on the weekly MACD
If there was any time for a flippening this would be the time for it
HODL your ETH!!
Ethereum on verge of breakoutWeekly chart
Large breakout on a weekly timeframe should occur
Added Ethereum to my current position
