Critical resistance:
In the US Dollar market, the price action of Ethereum is crossing a critical resistance zone. This area starts from $1200 and ends up to $1600.
25 SMA broken out:
Now if we switch to the Ethereum with Bitcoin pair chart. Then on the weekly time frame, the price action has broken out the 25 simple...
Is Ethereum retracing after it formed a double top?
Is this a flashback to January 2018?
What are your ideas about what`s coming next?
If you are interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Why?
Because CME Group to Launch Ether Futures on February 8, 2021
Will share more with you all before time. Maybe find the hint on this previous video about Bitcoin, the city of Chicago, the bears and bulls. (from 0:45 to 4:00 mins you will find the hint, it's loud and clear)
It is very likely that the model "Cup and handle" is formed on the ETHUSDT chart.
The cup has been forming for 3 long years, or 1095 days.
The ETHUSD price could not overcome the previous high of $1440 at the beginning of 2018. As of now, a high is $1350.
Given that BTCUSDT has updated a high of more than twice, logically, the ETH price should be around...
The importance of SMA 7 and 25:
The previous rally of 2017 ended when on the weekly chart, the simple moving average 7 crossed down the SMA 25. This time sofar the price action is retesting, again and again, the SMA 7 and did not break down it sofar.
Critical resistance and Cup & Handle Formation:
On the long-term weekly...
Hi friends, hope you are well and welcome to the Ethereum.
A powerful breakout:
Previously I shared two major moves with you in 2020. One was the Ethereum coin found a weak Ichimoku bearish cloud resistance on the weekly chart and it was expected that this time the Ethereum will breakout this cloud with a powerful bullish...
Ethereum recovers tremendously following a recent breakdown to $900, prices rise above $1,200.
ETH/USD is dancing in the confines of a rising wedge pattern; a correction seems imminent in the near-term.
Ethereum has recovered considerably after falling to $900 earlier in the week. The price action was lock-step at first, mostly due to the resistance at...
This is my vision for the coming months. Ethereum is currently behaving against its ability and potential, so it does not sell its eth, but buys more, this year new capital funds will enter the game, and the ethereum project itself will be more extensive.
This year will be good for eth
Ethereum is going down like crazy. Yeah, it was overbought, and yes, the previous rise was massive, but I understand that many buyers just wanted to be IN. So if you bought it higher, and now you need to dilute your position, I can show you some levels to enter into ETH.
Despite this massive fall, we are still bullish, but... It does not mean that we can't go...
Unless buyers take that level back, we should see further weakness or more sideways to down price action. Market seems to be attempting a bottom right now so we shall see. Volume is wanting but it could attract more buyers if current levels hold.
Hi everybody. So we have a picture when big players sold too much ETH near strong and maximum daily level 1253. After that price go down to 1105 but there nothing investions on this downward part. And thats why i think 1000 its a better price for medium term investments.
Yes, please. ;)
We may still see more trading range price action (note the lackluster volume) but as long as 1,125 holds on a daily closing basis, short-term buyers should be on the right side of the market.
ETH / USDT
Ethereum Brokeout above Ascending traingle after 5x test
Now ETH should hit new local high soon
Next target = 1250 - 1350 (weekly resistance)
=> Trendline + EMA 50 should HOLD
And candels not closing below to remain bullish
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