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✅ Ethereum(ETH) managed to form a Three Falling Peaks Pattern near the 🔴 Heavy Resistance zone($2,540_$2,300) 🔴 and 🟡 Price Reversal Zone (PRZ) 🟡.
📚What is the Three Falling Peaks Pattern❗️❓
🔸 The three falling peaks pattern consists of three peaks and two valleys of give or...
☄️The chart speaks for itself and if you've been following then you know what's going on. Ethereum is back at that $1400 support point exact and what happens next will determine so much. To keep it simple we break below that support point it's rough, and if we find support then that'll be real great to see as it'll establish this as a real support point for future...
🔥Giving you guys this quick and concise yet important Ethereum TA so here's what we're looking at right now. On the 4 hour chart we can see that Ethereum has already exited our MAIN WEDGE and we're right back at that $1400 support point basically which is basically that liquidity zone as we see these big orders hitting to find and determine the next directional...
🔥Before I start I just wanted to say CHEERS TO EVERYBODY! THAT ETHEREUM MERGE HAS FINALLY HIT! I'll address that in the next Ide abut this is gonna be quick since I just got off work Morning TA for you guys as always so here's what's up. It won't be much but much hasn't exactly happened to be fair which is pretty good for now.
🔥And before all here's a quick look...
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Ethereum vs Tether ETHUSD/ ETHUSDT
After hitting the daily resistance, and also ending the trend in the daily time period, we see the price hitting the floor of the channel of the 1-hour time frame, more than 2 times.
After breaking the lower support line of the channel, a drop with price targets up to $1,500 can be expected.
In the 4-hour time frame, the bottom of the major ascending channel is in...
Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
Learn and Earn!
after reaching the resistance line ( first target ), we have two scenarios,
first: directly growing and hitting the last target.
two: pullback and reach the stop loss.
So after hitting the first target (which is a resistance line in this position too), close half of your trade and move the stop loss to the entry price....
Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
As you can see, the price entered a neutral channel since last night.
Now we see two paths for the price, ascending and descending depending on the conditions (it is 50-50).
If the resistance breaks at the top of the channel and the break is confirmed, it will continue to move bullish.
In case of failure of support at the bottom of the channel, the direction will...
My opinion is to buy after the break in the high resistance and confirmation of the price break, or in the pullback.
The best profit limit is the second target.
The second entry point is the same as the first target 1710.00
Ethereum is in a long-term bearish channel. The main support range for Ethereum is between $2350 and $2400, which if we lose this support level, the price could drop to at least $2160 again. In the daily time frame, Ethereum has formed a triangle pattern that breaking this pattern upwards and stabilizing above it, and also above resistance at $2730 can push...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD), a cryptocurrency.
The chart is self-explanatory. Ethereum price is currently trading in the Fibonacci Golden Pocket zone and in a high trading area of the VPVR (Volume Profile). The Ichimoku Cloud shows green clouds for upcoming support. RSI also...
