Ethereum has had an incredible run since it bottomed out back in April. It is now correcting, with a possible head and shoulders structure almost completed. A head and shoulders is a trend reversal pattern. The uptrend, partially denoted by the yellow trend line, culminates in the head region, after which it begins a downtrend. The conventional way of trading...
The Ethereum looks much better than Bitcoin now. First of all - it's strong up trend. Second - the price is above big horizontal volumes. Third thing - last balances showed bull reaction. To resume mid-term growth, it is necessary to breakout 840. Next strong resistance zone would be 755 and round psychological level 800. For bulls it's important to hold price...
We are watching the development of events, if support will withstand the pressure of the bears, I expect resistance testing
I'm not talking technicals with these charts as there's no need. Trade the chop if you want but a couple months from now ETH is going beast mode. 3d chart speaks for itself.
Ethereum coin found bottom just above the Mean support $617 level and adjusted back to the neighborhood of the Key resistance $703, within the medium to a short-term uptrend. A break above the Key resistance is still likely, and a test of the $862 'Coin Rally' is possible after the strong up move. With that being said, Ethereum is among the market leaders of the...
Awaiting market behavior at this area. ($800ish) If market breaks below $800 we should see further consolidation near $730 - $690 "Worst Case" : A test to $500 ------------------------------------------------------------------------------------ Weekly sentiment is bearish. Daily & H4 Demonstrate bearish behaviors. Consolidation expected. ...
Using Fib retracement and previous resistance lines to determine next support levels and optimal buy zone for ethereum.
We are breaking out of the symmetrical triangle upwards. all we need is to break the bigger triangle at 364 and we will be free to break 414 into the 500s