hello friends Ethereum is approaching its important resistance of 2440. And as you can see, the head and shoulders pattern is forming. which starts its downward trend after touching its resistance and will descend to the first target shown according to the shoulder pattern.
ETHBTC pair is showing a weekly divergence (not confirmed until weekly candle close). If the RSI divergence forms, we can expect ETH/BTC to rally to its previous ATH until June, and possibly discovering new highs after that (if the narrative doesn't change). I have to mention that with the current status of the market and many people shifting to other L1s, This...
A bullish sun 🌞 shines over Bitcoin in the next 24 hours, heralding the impending decision by the US regulator on spot Bitcoin exchange-traded funds (ETFs). Cardano, Avalanche, and Dogecoin bask in the sunny forecast ☀️, as ATTMO reveals. Meanwhile, Ether, Ripple’s XRP, and Binance Coin encounter bearish clouds ☁️, signaling potential downside risks. Over a...
Starting to think TSUKA needs one more dip to kick off W3. This would be w1 of 3 on the HTF
Anticipating an upward trajectory towards $2,500 to $2,750, caution remains key amidst the cryptocurrency market's inherent volatility. Each downturn appears as a potential buying window, yet prudence in position sizing is advised. Institutional maneuvers and U.S. interest rate fluctuations may impact Ethereum. While declining rates could enhance crypto appeal, be...
Ethereum is the second largest cryptocurrency after Bitcoin, Currently, it is trading at $2222.83 with a total market cap of $267.392 billion. Ethereum presents a promising outlook as it undergoes a consolidation phase, fluctuating between the levels of $2156.89 and $2411.32 for approximately 32 days. The potential for a favorable entry arises if it manages to...
Ethereum update Ethereum is currently trending within a rising channel, as shown in the chart. It has formed a falling wedge pattern, similar to one it made a few weeks ago, and bounced by approximately 19% according to the pattern. If Ethereum breaks out of this wedge, it is likely to bounce by almost 19% again. However, if it breaks out of the rising channel,...
It has an important support in this area, which I hope will not be broken and will start an upward movement
good eve' we've come a really long way since the og prediction (view bottom of thread for the og posts). we had our eyes on this move long before people even expected a local top, which btw smacked a lot of people. b\x waves come in all shapes and sizes; sometimes they're shallow, other times flat, and occasionally very steep - but... one thing we know about b\x...
Eth has broken out of the trainable in daily time frame. Wait for retest and then enter entry: 2325 tp: 2377 sl:2250
#ETH Update Once again history seems to rhyme. Now that the bears have been picked up and feel like we're going to $500 we can tap support and rocket up through all their stops and a patch of almost no resistance until our next station.
Ethereum traders are at a pivotal point as $2,300 proves to be a crucial battleground. Sustaining upward momentum here could lead to a significant rally towards the coveted $2,500 resistance, instilling renewed market confidence. Conversely, bears aim to breach the $2,200 support, potentially triggering a notable downturn with $2,000 as a possible target. The...
The Ethereum (ETH) cryptocurrency has recently reached a point of resistance, which is similar to what we have observed on the Bitcoin (BTC) chart. This development suggests that the crypto market could face a period of significant decline or bearish trend in the near future. Target 1: 1630 Target 2: 1200
#ETH - Zoomed In A precision and healthy ABC onto support, like a double bounce before liftoff on a trampoline... Number Go Up
#ETH's Inverse Head & Shoulders Stairstep Fractal, rhyming with history, almost identically across many metrics and in the same phase as the last cycle...
Ethereum probability movements maybe the above base pushing it up maybe the ICT pattern base (OB) will push it up
Absolutely cryptocurrencies market sentiment is positive, But no momentum in this time to goes higher. So, I think crypto market needs correction move to get momentum to fly again. Trade safe. Good luck.
AUDUSD is creating the AB=CD pattern. The market broke out of the resistance that became a support. Price is approaching the support level and 50% fibo levels. We expect a classic breakout pullback continuation pattern. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!