#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.
Ethereum trade running.
Little red sell arrow shows alert.
This is a H1 chart trend strategy trade.
Trade has been toeing the SL line.
Have I give it another room for manuver?
Blue bars for buy.
Red bars for sells.
Green line TP.
Red line SL.
Entry value- 33954
TP value- 33793
SL value- 34114
Past Performance of Ethereum
Ethereum gains of September 27 were quickly wiped by the close of yesterday’s bar. Thus far, price action tilts to favor bears from mid this month. The odds of ETH prices caving in further and registering new monthly lows are elevated reading from candlestick arrangement in the daily chart.
#Ethereum Technical Analysis
Sellers...
Since Ethereum has a immediate resistance level at 1580-1600 and immediate support level at 1300-1350, I thought of taking a trade in options by selling Call and Put at 1580 and 1350 levels respectively for an expiry on 23rd September.
I would keep a close eye on the FOMC meeting on the 21st, If i manage to get enough premium before the FOMC meeting, then I...
Next week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.
ETH/USDT short
Entry Range: $1400 - 1500
Take Profit 1:...
Past Performance of Ethereum
Ethereum slumped even after a successful merge, trackers currently show. Presently, the coin is down a disappointing seven percent against a resilient greenback, confirming losses of early this week. Based on the daily chart's formation, ETH appears weak and would likely post more losses in the days ahead. As such, unless there are...
Past Performance of Ethereum
Ethereum is relatively firm when writing, adding six percent in the last 24 hours and successfully soaking in selling pressure and outperforming BTC. Currently, the coin is printing higher high relative to the lower BB and is solid above $1.5k. Still, buyers are yet to breach $1.7k and commandingly reverse losses of August 26. Despite...
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Hello folks, the FED news did create a negative impact on the market. Here's a quick update on ETH in a higher timeframe.
Timeframe: 3 Days.
Update: Back on June 18, when ETH dropped to $881, it looked pretty messed up but then it created a support level and managed to bounce back 132% ($881 to $2030) in 57 days. Sadly, it couldn't reach the upper trendline...
Hello friends, today you can review the technical analysis on the 1M (monthly) linear scale chart for Ethereum ( ETHUSD ).
I placed vertical lines for the month of April from 2017-2025 to show up to now and in the future when price may start making major moves. The current structure looks very similar to 2018 and my prediction shows the same type of movement for...
Past Performance of Ethereum
Ethereum remains one of the top performers, gauging from its performance on the daily chart. Even though there were lower lows, the uptrend is defined. The coin, as an illustration, is up nearly 130 percent from the 2022 lows. Based on the candlestick formation in the daily chart, ETH remains in an uptrend as long as prices trend...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD).
Ethereum price has been rising since the July lows. The chart shows a variety of signals with potential for upward movement around the resistance areas at the top of the Keltner Channel (KC) near the 0.382 Fibonacci level. A major concern is Volume...
Ethereum has been chillaxing in a sidewards movement for a while now. However, it should start to take some action soon! We expect it to climb into the orange zone between $1902 and $2207, where it should finish wave (i) in blue. Afterwards, Ethereum should drop into the blue zone between $1475 and $1017 to complete wave (ii) in blue. There is a 40% chance,...
Past Performance of Ethereum
Ethereum prices are up roughly 75 percent from 2022 lows, and bulls have the edge when writing. From the daily chart, ETH surged 12 percent in the last trading week, adding three percent in the past 24 hours. Technically, the coin is within a bullish breakout formation, expanding with rising trading levels, an indicator of trader...
Past Performance of Ethereum
Ethereum bears are unyielding and have reversed gains of early July, pushing back prices to last week's lows. Currently, ETH prices are near the $1k psychological round number as a series of lower lows with decent participation levels register. Even though bulls stand a slim chance, buyers must reject any attempt lower and ideally...
Past Performance of Ethereum
Ethereum is printing higher highs relative to the lower BB. At spot rates, prices are steady in the last trading day and up double digits week-to-date. Technically, ETH prices could rise in subsequent trading sessions, especially if there is a solid close above the middle BB and $1.25k liquidation level.
#Ethereum Technical Analysis...
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...
