ETHFI ~ 1D ✅ #ETHFI So far this support block continues to keep prices from falling further. ✅ If you are an aggressive trader, maybe this is a good time to buy. Or if you want to play it safe. Wait until this resistance line is successfully broken, and start making purchases.
ETHFIUSDT technical analysis update ETHFIUSDT has formed a classic double-bottom pattern, indicating a potential reversal in its price trend. This formation, often seen as a bullish signal, suggests that the recent lows have established strong support. As the price approaches the neckline resistance, a breakout could trigger significant upward momentum. Regards Hexa
ETHFIUSDT technical analysis update ETHFI price has formed a triangle pattern on the 4-hour chart and is moving towards a breakout at the triangle's resistance. Once the breakout is confirmed, we can expect a strong bullish move in ETHFI. Buy zone : Below $1.51 Stop loss : $1.40 Regards Hexa
By the data we now have on the chart and the time that has passed, the structure becomes clearer From where we put the red arrow on the chart, it looks like the ETHFI correction has started. The degree of correction pattern seems to be large. We have a SWAP supply range, if the price reaches this range, we will look for sell/short positions. The targets are...
After the completion of wave A, which was a bullish rally, the price has now entered a correction phase. The correction phase corresponding to wave B looks like a large diametric that we are now completing wave E of. There is a green area on the chart, if the price reaches this area, we will enter a buy/long position The target can be the red supply...
ETFIUSDT Technical analysis update The price of ETHFI broke its descending channel pattern on the 1-hour chart. On the daily chart, the price is bouncing from its major support. Buy zone : Below $4.10 Stop loss : $3.80 Regards Hexa
It looks like we have three big ABC waves on the chart. Wave B has started from where we placed the red arrow on the chart. Wave B looks like a triangle and now it looks like we are at the end of wave d of B. After the completion of wave e of D, we can see the rising movements of the big C wave. The targets are clear on the chart. Closing a daily candle below...
During the 2nd half of April, CRYPTOCAP:ETHFI buyers or its MMs tried to keep the price above $3.20 - not allowing it to update the lows. ↪️ On the one hand, it looks like a sign of "strength" ↩️ On the other hand, don't be too surprised if the price of $ETH.FI drops sharply to $3.11 or even $2.88 (too many "tasty stops" are hidden below $3.20 and can be...
ETHFI did the usual parabolic trim after reaching a peak of 8.0 +, then went on a good correction following the market's downtrend. Today, based on recent long term data metrics, ETHFI is exhibiting a 'shifting' behavior. We maybe seeing a short squeeze soon (strong UPSIDE move) being developed around the current range. Price is already at the heatzone /...
If #ethfi breaks and then succesfully retests this bear channel, a pump will be expected. But, it's not a strategy for impatients :) Not financial advice.
After retracing from ATH's technicals are starting to point up. There is also very very low volatility right now, meaning volatility has contracted measurably. This could be the sign we are looking for along with a break of this DTL and we will be off to the races. Happy Hunting. As always- This is not financial advice.