ETHUSDT has significantly dropped since the ATH of may the 15th. with a 60% drop and $2650 down in only 8 days before hitting a local bottom and recovering until the current triangle was formed. This powerful downtrend seems to be stopped right now, as we form this triangle, volume keeps steady. This triangle may soon breakdown, I'm basing this bearish scenario...
ETHUSDT is in a clear downtrend, the hull suite indicator (Big red line) shows that this downtrend was particulary powerful with little pullback until we found ourselves in the current range. Now ETHUSDT is forming a triangle and it looks like it could continue the downtrend, we also have a bearish kumo twist ahead. There is a strong area of support just below...
ETHUSD is making a head and shoulders pattern in 4h time frame. To open a short position we have to wait the breakout and a possible re-test. All resistance & support points are given. This is not a financial advice.
If head and shoulders pattern approved , price will break support zone (1680-1720) In that case the target would be about 1440$
SO this one time I was really lazy I had up to this point only been [b ]9999.99% LONG... I couldn't help but get sucked into the vortex of trust me because "I know more than you guru baloney." Truth is that a modest holding that I had in ETH could let me even pick up a bit over 3 BTC at todays price sounds like I know what I am doing until you read that box...
EIP-1559 is good for ETH network but not for the price.
Hello traders, Two triangles have been forming recently: the first one since March 8th around 1400 EUR, and the second one since March 9. The former is a symmetrical triangle, while the latter is a flat bottom triangle. As chart displays, the former is not that clear, while the flat bottomed (drawn in blue) is more evident. In terms of pricing, considering the...
There are many new copies of ETH coming out with cheap access to the EVM, price of ETH will plummet
Bad news for those of us who were expecting an immediate rebound. A symmetric triangle (blue triangle) has forming since February 23rd, with base around 1253 EUR and top at 1423 EUR. It's final confirmation would be when rebounding at 1309 - 1314 EUR. Depending on the way you consider its height, the expected drop would be around 1145 EUR. In addition, a flat...
After a discrete recovery from it's recent correction, ETHEUR formed and confirmed a rising wedge with a tip on 1328 EUR and a confirmation rebound on 1300 EUR. Depending the height of the wedge you'd consider, the drop would reach 1200 to 1140 EUR. It would be reasonable to set a stop loss on 1365 EUR if the figure is wrong!
hello traders , Welcome to my price forecast Ethereum/usd. Ethereum is moving inside upward channel. there are basically three types of channel directions, one is upward slopping channel which 80 - 90 % of the time break downside second is downward slopping channel which 80 - 90 % of the times break upside . third one is side ways which means market unable to...
Hi Everyone, As many of you would be aware I'm pretty bullish on Ethereum and Bitcoin for the later half of 2021 but with the recent week of incredible gains comes the inevitable profit taking selloff. Lets take a look at this $1,440 level for instance. This level was previously triple resistance and should now act as support when intersecting with the 20 moving...
Next two days coming soon Eth to 1800$.
Live trades will be called in the latest daily post. Follow me to trade live with me! Also check out my daily post on Bitcoin! MARKET OVERVIEW Price Action: ETH consolidated at the 200MAs, and has broken out from that range and is rallying hard. Chart Patterns: No patterns. Areas of Interest: The area(s) of interest for us are the highs @ $1438 and the...