4h time frame - TP: $4616~$4890 SL: $2575 - ETH is creating a potential wedge structure, that hasn't been confirmed yet. A standard structure is made of 6 six touching points at least, it's not completed due to lack of one more point on the wedge top. Also, there are two paths if we consider it as a continuation patter, first is the green one, that leave $2817...
ETH ~ 8H 📈 #ETH Make purchases gradually in this pattern, with a minimum target of 15%+. this is a bull pattern on a smaller timeframe.
A few members have asked me about my prediction for ETH in the bull run. I want to start by saying I don’t like to make these predictions because a lot of things can change over time, such as the ETH ETF gets approved or ETH could experience a string of bad events. But based on TA, there is a red resistance target to consider for this upcoming bull run that gives...
Ethereum was unable to break bullish through a minor daily resistance of $3,531 and the price pushed to the key support at $3,275. A bearish break-out of $3,275 will push ETH price lower to $2,800. ETH has to move bullish and break through $3,8 in the daily chart for another bullish extension towards $78,223-$82,353. Boost once read! Thank you.
Are we all in a euphoria? yes we are, Greed Level at a higher number, if youre executing on that then youre in a euphoria. Correct me if I am wrong, this is only my view on the current market. If price breaks the ATH then this idea is invalid. This is not a financial advice, Trade it or own it. Longshot view might not working..
Ethereum has reached the Resistance Zone at $2,850 and has shown the first signs of resistance. Should we enter a short? How do we trade this? 🤔 The conditions are such that we should be looking for a short entry. We have three pushes up since the start of the last bull leg from $2,200, a strong Resistance Zone at the current price, and an RSI that is...
Ethereum retraced to the Support Zone, following the rest of the crypto market in a pullback. Now that ETH is on the Support Zone, can we expect a bounce? How do we trade this? 🤔 I think it is probable that we get a bounce back up to the Daily 30EMA, but I do not believe ETH will break it. We may have witnessed the first leg down in a 2-legged pullback for ETH...
At weekly chart ETH is around 2500. 2100 is a major (weekly/monthly) support we can retest 2100 to 2200 level again in few weeks before bull run. 1st target would be around 3000 & 2nd would be 3500 weekly/monthly resistance.
ETH broke the resistance level & closed the daily candle above it. Waiting for pullback for new entery
Ethereum has a string of reversal indications that give us a picture of bearish price action. Are these data points enough to enter a short? How do we trade this? 🤔 Three pushes up, an ascending wedge, and strong resistance alone is not enough justification to enter a reversal trade unless you fade your position (small entries until the reversal happens). It's...
Ethereum is far into its bull run from $1,100 to $2,300; with three pushes up and a Weekly RSI near the 70.00 level, and we're near a resistance level. Three initial conditions for a trend change. How do we trade this? 🤔 These conditions are great indicators that we're near the end of the current bull trend, but we don't yet have any confirmation that we're...
Following the bounce of daily fibs level, ETHUSDT has consolidated on the 4 hour timeframe. I am planning for a scalp entry upon breakout of consolidation. The 2 price-range indicators are my entry and TP levels. Entry on the 1hour or 30min candle. Good luck!
ETH is marching through its bull channel showing great support at the 30EMA and holding its ground in the resistance zone. It appears the bounce off of support has lost momentum. With Bitcoin also stalling at Weekly Support, it leaves some questions open. How do we trade this? We should be long in a bull trend until we have reason to doubt the trend will...
Ethereum is comfortably above its bear run low of around $850, but are we going to new all-time highs in the short term? I doubt it . Reviewing the lifetime charts for Ethereum and Bitcoin, they both made contact with their lifetime support before hitting new all-time highs. As we can see on this chart, Lifetime Support is at $700, we're a good distance from...
Good retracement all the way to 61.8% which is time for reversal so i am buying right here buy zone now stop loss - 1870 tp1 - 2000 tp 2 - 2100 tp 3 - 3000
Recently, we have observed a notable trend in Ether's Relative Strength Index (RSI), which has consistently exceeded 60. This indicates an overbought condition, suggesting that the asset may be due for a correction or a period of consolidation. Coupled with this, the Moving Average Convergence Divergence (MACD) indicator has shown signs of profitability...
I wanted to share some exciting news: ETHER has just had a popular 50d 200d moving average cross, establishing a new support level. This is great news for us as traders, as it clearly indicates a bullish trend. What's more, the RSI (Relative Strength Index) is currently at an optimal time for entry. This means that now is the perfect time to consider opening a...
About to break out from the consolidation trend. Wait for the below confirmation 1. MA Cross 2. Super trend becomes green