ETH/USDT -Ethereum is pulling back to the average after the recent BTC dump -There is still -5% downward potential before it touches the major support -The $400 area of support is a confluence of previous resistance, .618 Fib, and 100MA+200MA -If ETH gets to this level, wait for any price reaction or rejection in here -This will give you bias that this area is...
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** Ethereum is heading to the upside after breaking the symmetrical triangle several weeks later and on its way to the price of $ 591, it may exceed this price if the resistance is broken. BTCUSD ETHUSD EURUSD *** Here is the full analysis for this pair, let me know in the...
Ethereum is currently painting a possible large head and shoulders pattern that could lead to lower prices if bulls are not able to secure this area. A head and shoulders is created when we see a large inflation in price after a small consolidation, then a large drop, which is then followed by another consolidation phase. We believe that if played out correctly,...
In our previous update, we have mentioned a possible ascending wedge that may have secured the psychological support at $400 USD; however, with Bitcoin confirming a change in trend with a clear bearish divergence, Ethereum is now following the footsteps of Bitcoin's price action: Technicals: 1. Support is now turned to resistance, possibly. 2. RSI is...
Our pivot point stands at 427.29. Our preference The upside prevails as long as 427.29 is support. Alternative scenario The downside breakout of 427.29 would call for 418.26 and 412.89. Comment The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs...
Smart investors trade bigger time frames. Ethereum 2 week continues to look solid breaking 3 recent breakout levels. What a beautiful curve. Proceed forward vitalik.
⚡️ ETH Fast Flows... A very technical picture here... The traditional rule for BTC and other major cryptos, when the tide rises all boats rise. In order for this to be successful, the terrain on which we move forward must somehow be positive for Crypto as a whole. The characteristics of confidence in public assets is diminishing, various capital movements are...
X Force Global Analysis: In this analysis, we explore Ethereum's weekly chart, exploring bullish proabilities through technical analysis. Analysis - The first thing we can spot is how oversold Ethereum (ETH) is from its all time high point. - Ethereum has and has been dropping for almost over a year, having bottomed out at around 83 USDT - In doing so, it...
The number of available entries in ETH, to a certain extent compensates those short-term speculators as we can get this to $300.00 relatively quickly with no more protection. => As the saying goes.. ' A rising tide lifts all boats ' This illustrates the play on the BTC wings. It is also characteristic for the fearless to generate alpha and neglect sellers...
ETH/USD -price action has been making a series of Higher Lows -and a clear flat area of resistance making an ascending triangle -to confirm this pattern, we need to see a break above the area of resistance -if that happens, buyers will start to jump in to move the price higher -technically, bulls have the chance to win this game in my opinion -but let us all wait...
...bares the very real potential to take ETH back to €800 and beyond. Looking forward! What do you say? Cheers
Shoot for the stars. Bullflag formed above MA line. Lets see how high it can go. Hopefully 2.0 is released this year.
I wonder if this formation is a bullflag in disguise Extension to 630 forecasted
Chart Pattern Analysis Falling Wedge - A bullish pattern that begins wide at the top and contracts. A bullish reversal pattern. Descending Broadening Wedge - A bullish reversal pattern, Expanding cone, often mistaken for bearishness due to its downward sloping nature. But this pattern is definitely bullish. As seen on chart. Rising Wedge - The opposite of a...
MartyBoots here . I have been trading the markets for over 13 years and want to share some ideas with you
The ether forms a bull pennant. More likely exit is up, but I do not exclude the descent to local and main support. We also have a channel: - Local resistance 247 -Main 251 Breakdown and consolidation above 251 - will mean the continuation of a strong upward movement Support: - Local 239 - Primary 235 Breakdown and consolidation below 232 - for me it will be a...