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...
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.
1,125 (based on Binance data) is the highest monthly close since JAN-2018. This should be a very significant price to break and would become a strong support level if price does go higher, which IMO is quite probable in the near term.
On 4-hour chart, the price action of Ethereum is completing the final leg of bullish BAT pattern, soon it will be entered in the potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Potential reversal or buying zone: $ 513.56 to $ 497.91
Fibonacci projection or sell zone: $ 550.86 to $...
Looking at the weekly chart, market appears to have reacted to a rising wedge's resistance trend line this week in the form of an impulsive sell-off. While this is considered a bearish structure, I still see a strong bull trend that, in terms of probabilities, may continue higher.
With potentially trapped bears (no follow through sell-off yet) and weak bulls...
A daily and weekly close above 395 should signal strength for Ethereum and would probably be followed shortly by a test of the recent highs.
I am particularly watching that 433 level which represents the highest weekly closing price since 2018.
Ethereum $eth $360 support is acting good but price is below trend line. $360 support is important level for ethereum now if this support broken then you will see another downtrend. |For more upward movements price need to come back and sit above the trend line that is at $420 level.
more details shown in the chart. we keeping eye on price action .
for more...
NOTE: Not a guaranteed outcome, DYOR before Investing.
In my previous chart, I correctly predicted ETH long from $335 to $370-$380 and I am still long on ETH.
$363- Long
Take profit - If you want to play safe put it at $480, else let it go till $700.
Ethereum showing some strength recently but is still trapped within a 5-week range. Bulls need a weekly close above 395 which is the high of the range and which the bears might be viewing as the first lower high of a new bear trend forming. A show of strength from the bulls could help dispel that...
Hey friends hope you are well and welcome the new update on Ethereum (ETH) coin.
The priceline is being consolidated at $350 support level. The next supports are at $325, $280 and the next resistance levels are at $400 and then $800. On long term there is no significant resistance between $400 and $800. Therefore incase of breaking out $400 resistance the...
Expected up channel has been invalidated:
In my previous article I were expecting that the second-largest cryptocurrency will hold the support above the trendline that was started on 19th July 2020 on the daily chart. The price action also found resistance above this support, therefore I was expecting that a perfect up channel will be formed from this point. But...
Hi friends, hope you are well and welcome to the new update on Ethereum coin. The second largest cryptocurrency has surged 46% since I posted my last article. First of all for the people who are not following my articles on Ethereum coin I would like to give some recap. In March 2020 I posted an article where I revealed that the price action of Ethereum has...
surely we dont need to retest 360$ again
how many of you degenerates longed this ponzi and forced the price down
cmon people we talked about this jus steady buying from now on
ETH / USD is bullish
ETH is the more popular blockchain nowadays
We will see another pump into this resistance once it breaks 400
Expecting this to happen really soon
Potential +10% !
Hey guys and gals hope you are doing well and welcome to the new update on Ethereum coin. We have already seen in my previous article that the Ethereum coin is moving in a very big descending triangle. Previously when the price action was reached at the resistance the MACD was turning bearish and Stochastic also give bear cross but the momentum indicator was...
Hi friends hope you are well and welcome to the new update on Ethereum. This coin is going really very good even better than the Bitcoin but on the long-term there are some weak bearish signals are appeared, therefore I would like to share those signals with you guys.
The price action is re-resting the previous resistance as support:
Firs of all I would like...
ETH is moving sideways on top and if it breaks the 250-255$ zone, it will go up to 400$ in July.
But if it drops below 220$, it will go back to 180-185$ to find another opportunities!
