Ethereum - 16h expiry - We look to Buy a break of 1857 (stop at 1807)
Our short term bias remains positive.
1843 has been pivotal.
A break of the recent high at 1843 should result in a further move higher.
Our outlook is bullish.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 1977 and 1997
Resistance:...
- Sometimes the lines we see are unclear and difficult to understand.
- Trading is some kind of art where u are trying to paint the future.
- No one is born a great trader, one learns by trading.
Happy Tr4Ding !
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Ethereum just recently perfectly retested and also rejected a quite obvious previous weekly resistance area which was turned resistance once again.
You can also see that we are currently retesting weekly support and it seems like the market will close...
The Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Ethereum ETH are:
ETH/USDT short
Entry Range: $1650 - 1750
Take Profit 1: $1550
Take Profit 2: $1490
Take Profit 3:...
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Ethereum retested once again a very strong previous weekly resistance area and is currently again rejecting this zone towards the downside.
However also just recently we had a bullish ema crossover and are now starting to create weekly bullish market...
Looks like #ETHEREUM is about to to clear some smiles from the bulls as it descends around 30% to meet recent support levels.
There'll be a few swings in this descent where shorter term traders could bag multiple profits up and down, but our forecast for the next month or two most definitely red!
_________
What Do You Think?
If you enjoyed or agree with...
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Ethereum just retested and rejected a quite obvious previous weekly resistance area and is now approaching a previous weekly support zone.
However we are also having a bullish weekly ema crossover and just recently created another higher high, so I am...
Since we are coming to the end of February in 4 days, I felt the need to do this analysis. I think the critical level for Ethereum in the monthly timeframe is $1828. This is because the moving average is at that level. I think that Ethereum, which has always followed this moving average in history, will follow this moving average again this time. The monthly close...
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Ethereum just recently broke out of a very clear triangle formation and since then already had a pump of about 30% towards the upside.
We have the next clear resistance area coming in at $2000 so I do expect the market to have a bullish move into the...
BINANCE:ETHUSDTPERP
Could this be the Local top ? could we see ETHEREUM head a bit back down to test some lower LVLS ? Or will ETH keep pushing on to the upside!?
Lets get this crypto!
BINANCE:ETHUSDTPERP
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
Ethereum just recently broke above a very clear weekly and daily downtrend line and immediately had an agressive pump of about 45% towards the upside, showing that there is definitely some buying pressure in the marekt.
From a weekly timeframe the market then tested previous...
The last few weeks have been super for us at theCrypster. #ETHEREUM has been equally kind, with a near 25% gain locked in and now showing signs of a healthy Short to be had too.
After a short period of consolidation at the current price range we've received a Sell signal from CTv2 and can see the price dropping to meet both a layer of support at $1350 and an...
Coinbase CEO says he heard rumors the SEC wants to ban crypto staking.
Already crypto exchange Kraken shuts down crypto-staking.
This will have ripple effects in the entire industry!
My price targets for Ethereum ETH are:
ETH/USDT short
Entry Range: $1500 - 1600
Take Profit 1: $1450
Take Profit 2: $1330
Take Profit 3: $1220
Stop Loss: $1720
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis.
From a weekly perspective Ethereum and the whole crypto market is looking like it is potentially slowly starting the beginning of the next crypto-cycle.
On Ethereum specifically it seems like the market just wants to head higher and create a very bullish long term double...
Ethereum's uptrend is weakening. This is not unexpected given that we are already at a key point in the cycles of both Ethereum and Bitcoin. The previous two tops were discovered after 58 and 43 days, respectively, while Ethereum's local top was discovered after 61 days.
Not only do we notice a daily cycle pattern, but Ethereum has also found resistance at the...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
ETH/USDT Binance
1D hollow candlesticks
As the bear market is over, we can say a few things for the price movement of altcoins.
A descending triangle has been formed, as the price already breakout this triangle.
Also, a parallel uptrend channel has been formed since the beginning of June 2022.
A first resistance area occurred from the extension of the first...
