I updated the chart as a #log to get more detailed details (I also updated the color scheme)
I updated the chart as a #log to get more detailed details
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 Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. Ethereum is stuck inside of a triangle just like Bitcoin. Any of the sides of the triangle is broken, it will move in that direction. If it breaks the resistance or the support line, after a pullback it will move toward the next resistance after a pullback. As long...
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price has been able to stabilize above our support zone. We expect the price to see higher targets in the coming days and then continue falling. If the resistance line is broken, it will move up higher. Warning: This is just a suggestion and we do not guarantee...
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. After breaking the resistance line of the channel, the price was rejected at the first resistance zone and broke even the newly created support line. The price moved down to the support zone and received support. Now the price will go up to the first resistance. It...
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price is at the S1 line where you can set a Buy order. There is a red resistance line in the 4-hour time frame under which the price is moving. If it is able to break this line, it will gradually move toward the R2 zone. If it is rejected from there, it will fall...
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. You can see that the price has moved up to the R1 and R2 areas but could not break them and was rejected. R1 was also previously a support line but now is broken and is turned into a resistance line. Now we expect the price to come down to the S1 line, receive...
Hey traders, we are monitoring ETHEREUM for a buying opportunity around 2.7k zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. There is the S1 line which was previously the resistance line and is now broken. It has hit the S2 line several times. We expect it to move to the S2 line again which confluences with the S1 line turning it into an important support line. You can buy it there. R1 can...
Ethereum - Intraday - We look to Sell a break of 2948 (stop at 3033) Daily signals are bearish. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Short term MACD has turned negative. Bias is mildly bearish today...
Ethereum - Intraday - We look to Sell at 2888 (stop at 2971) Daily signals are bearish. Trading within a Corrective Channel formation. Trend line resistance is located at 2890. 20 1day EMA is at 2785. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Bearish divergence is expected to cap gains. Our profit...
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. You can see the butterfly pattern made. We expect it to have a correction to the S1 line and if it is supported there, it will move toward the resistances. If the price breaks the S1 line, then S2 would be the next support. Warning: This is just a suggestion and we...
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. The price is moving above the S1 support. There are the S2, S3, and S4 supports too. There is the S2 support which has rejected the price. If the S1 support holds, the price can move up to the R1 line. But if it loses power, it can fall down to S2 and if S2 is...
*Simple Analysis* 1) Price broke a strong support level so it'll retest this level or test the next level below it 2) Current trend is down overall We can conclude that there is more of a chance continuing down since it has been on a strong down trend already. My bias is short to the next level. The chart shows the 3 possible outcomes, takes your pick.
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price has fallen down to the S1 zone which can be a good place to buy for the R1 resistance as shown by the arrow. It is less likely for the S1 zone to be lost but if it is, then the S2 zone would be the next area for support. If R1 is broken, the next target...
Although it has broken under 3200 support, losses for Ethereum are limited and I don't "see" much sell power. The crypto may have found a new low above 3k and a new leg of correction to come. I'm cautiously bullish at this moment with more confirmation above 3200. A daily close above 3200 could expose 3600 important resistance and 3400 is now interim resistance. A...
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. Previously we said that the inverse head-and-shoulder pattern is being formed. There is the R1 resistance which the price hit, was rejected and now is coming down. You can set a Buy order at the area which we have shown on the chart. If it stabilizes above that line,...