Hello friends, today you can review the technical analysis idea on a 1D and 2D linear scale chart for Ethereum (ETH). I am showing the comparison of the 1D and 2D chart for Ethereum focusing in on the RSI (relative strength index). It has been over a year since the RSI on a 1D chart has been in the oversold region. The RSI on the 2D chart is about to reach...
Hello Everyone. In this chart, I plotted what I expect to happen next for Ethereum. Although some were expecting ETH to outperform BTC, the reality is that alts are often topping after BTC, so it was following a similar pattern to the king. There was a fake-out at the All-time high, signalling the reverse trend. From there, ETH has formed the first primary wave...
Is Ethereum's Daily Relative Strength Index (RSI) Hinting the Best Buying Opportunity? - The last time Ethereum's daily RSI went to an oversold level, ETH was valued at $102 in 2020. - Typically, when the RSI is below 30, that is considered oversold, indicating that is a buying opportunity. - If you bought ETH the last time it was oversold, you would have...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETH). The chart is self-explanatory. Ethereum price recently broke down from a Rising Channel inside the Rising Wedge it is currently in. The target move brings the price down to the 0.382 Fibonacci Retracement area. The RSI is currently meeting the resistance...
Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼♂️ Right here is a my perspective non Ethereum. Price is approaching a previous support within $2650 and $2800. I expect a rise from this support zone to $4000 then fall to $2400 before an impulsive move to a new ATH at $5,400. From the bigger trend, we have two resistance...
Here is the update for ETH USD. It does not look good for long positions because of VOLUME and CANDLES. So watch the trendlines and be aware. We are still neutral, but bears could be close.
it is a Short term Analysis base on the next 7 days movement forecast total of 2 TPs
we can see that the coin has reached its Fibonacci projection extension level of 161.8% (1935)so we can be a bit sure about its move to 261.8% of the same which is 2550 USD i have specified 2 TPs where we can be sure about the fist one at present
Ethereum has been one of the greatest success stories in crypto. At the same time it has been the greatest gas burner of all times. Will be punished in due time as competitors are coming strong. In our last idea we were expecting a correction: The asset was clearly 'under pressure' together with Bitcoin: Personally and I advise you to do the same: I carry...
Long term trajectory within the thick dark channels, but does it need to drop below to really test the strength of the market before we see a long term bull trend continuing within the new dashlined channel?
Az we can see the red uptrend channel is evolving to to the ghreen one and Its slope is decreasing. 2700 could be a strong resistance, but in the worst case scenario 1800 would be a barrier to falling to lower levels. Though, overally, In the long term period 6700 is an ideal target.
Here is my view for ETHEUR on H4. Strong sell ptential. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETH stand still on 200 daily moving average and still playing in this huge falling wedge , isnt it beautiful ?
Guys, it is easy. I hope you catch the right entry to a long position. I am still long.
Ethereum has been performing very well against BTC in the past months making huge gains in a shorter timeframe and i think we are setting up for another big run coming up soon. With the falling of BTC dominance and the rise of Ethereums dominance we are going to start noticing that Bitcoin is likely going to be making minor moves but more sideways price action...
Short term ETH looks like it is ready for some upwards movement. At least for some short squeeze or dead cat bounce before another drop (in correlation with BTC dump, if it occur ofcourse). - back to trendline (dotted trendline untouched since breakout) ✅ - oversold condition on Stoch RSI on 3D & W chart ✅ - back above RSI trendline ✅ - big wicks on W chart for...
Since the beginning of November, Eth has started to correct its long term bull trend which only in 2021 brought gains of around 700%. Although the drop we are in is just a correction to this trend, on medium term it can be seen as a small down trend. I expect continuation to the down side and I'm focusing on 3k zone for my sell short trades. Ethereum's price above...
Hey traders, today we are monitoring ETHUSDT for a buying opportunity around 3800 zone. Once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.