ETH inside channel up, and previous dump already touch channel up support 2186 became strong support level right now, if CRYPTOCAP:ETH still down, maximum bearish at channel up support. target for this pattern at channel up resistance around $2468
With Ethereum, I perceive a distinctive cycle compared to Bitcoin. I foresee that, starting now or in the coming days, our focus will shift to completing Wave (iv). Subsequently, I envision an upward trajectory towards Wave 5, culminating in the finalization of Wave (3). To mitigate potential risks during Powell's speech, I deliberately placed the stop-loss well...
bullish pennent break & retest done3000 target buy full heavy qty
On the 8am (SGT) candle on a 4 hour timeframe, there are 4 long rejection wicks. Further left, resistance has turned support. The markets dip caused by Bitcoin whales selling 671m worth of Bitcoin might cause majority to expect a continuous sell, however, the rejection wicks shows strong bullish strength to defend the zone. I am expecting sideways movement for...
#ETH The price of Ethereum has been moving in a transverse channel since July 2022 In the Occasional Price Range 1112 $ to 2112 $ We have now reached the upper limit of that channel and it represents a strong resistance. Some downside expected for the support zone 1150 $ And the rebound from them in 5 bullish waves over the next 3 months, ending with a rise to...
Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Ethereum has displayed significant bullish signals, with the price exhibiting a robust uptrend that retraced above the pivotal resistance level of 2.1K. Despite a temporary setback, the cryptocurrency maintained its upward trajectory, reaching an annual peak of 2.4K. This PA...
#Ethereum is retesting its support level at 2155, If it holds we will see a good move upwards #Cryptocurency FOMC
Check it out traders, and reference my other ideas in relation to how you could make this work for you. $2500.... $2500.... $2500.... It's almost there, this is the point where the HODLing pays off, ignore this dip, it's a bull market, the pull back was healthy crypto needed it. Now, lets enjoy some consolidation ASMR and make some money. - M1ndless
Based on support and resistance structure it looks good. But if you look at a more fundamental perspective it is likely to continue it's way down after crypto got a big slap. Just letting you know do that the zone is there.
Based on Elliott Wave Theory, the current price action of ETH/USDT suggests that the cryptocurrency is in a potential bullish trend. This analysis suggests that ETH/USDT could continue to move upwards in the short-term. Elliott Wave Theory is a technical analysis method that identifies trends in the price movement of financial instruments. The theory is based on...
Check an small update on Bitcoin , ETH an Alt Coin analysis and price movement
#ETH The price trades in a channel and respects the limits of that channel on a 3-day frame The price is currently at the 1790 level. It is expected that the price will reach the 1984 level and then the 2210 level The price is expected to bounce from the 2210 resistance level The current rally is supported by upward momentum If you like this kind of analysis...
CRYPTOCAP:ETH break down channel up, but failed to break fibonacci support bullish target from this position at $2361.92 If fibonacci failed, we have another support at $2199 classic support And $2100 major support. My opening position : Long : 2234.99 target : 2361.92 Stoploss : 2217 used equity : $16.5 target profit : $70.5 Profit percentage : 706% PnL : 7 ...
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🔺 Ethereum's Current Position: In the 4-hour timeframe, Ethereum (ETH) is facing rejection from the top of its ascending channel, but a downward trend hasn't been confirmed yet. It's advisable to hold off on opening short positions for now. 📈 Parabolic Line and Potential Jump: Ethereum is still on its upward parabolic trajectory, suggesting a potential upward...
A bullish sun ☀️ continues to dominate the skies over the global crypto market in the next 24 hours, indicating further upside potential for Bitcoin, Ether, and many altcoins. These bullish conditions will persist over a one-week horizon, according to ATTMO. Exceptions are Avalanche, Binance Coin, and Uniswap which will face bearish clouds ☁️ and downside risk in...
Ethereum is at the "Now or never" point. It's approacing trendline, so it could pump hard now or drop till next support. Waiting
Prepare for nice bull trap with further bear trap. Not a trading idea, just my opinion.