Yesterday, following bitcoin's lead, Ethereum took also a hit and dropped hard.
This drop cleared the rising wedge support, a trend line that kept the price elevated for a 100% gain.
At this point, this break is confirmed and 1800 is extremely strong resistance.
As in the Bitcoin case, rallies should be sold and, from a technical perspective, ETH could drop to 1k...
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The price moves inside an upward channel. The range for the completion of the upward movement in the third wave is located between the levels of 1726 and 1983. The price reached the level of 1726, making a false break. The blocking order is located at the level of 2000. The levels of the...
Congratulations to all Ethereum lovers with the update to the absolute high.
As we can see from the chart, the price has been moving upward in a channel for almost a year.
Throughout 2020, the ETHUSDT price moved in the lower part of the channel, but already from 2021, the price fixed in the upper part of the channel.
Now all the attention of ...
ETHUSDT 4H-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for Ethereum ETHUSDT
I expect the price GO to correction
I hope my idea is clear
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As i can see ETH is ready to make new higher high as soon as this break the resistence are then i will start
to make a new higher high we are rading this pair with a low risk and looking for higher rewards
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In my previous EthUsd analysis I said that I strongly bullish on this crypto and I expect 3k to be reached. My opinion is not changed, more, is reinforced.
If you'd looked at price action these past few days it is clear that dips under 1200 were bought aggressively and bulls are in total control.
At this point Ethereum is trading in the last recent high zone and...
At this point, Ethereum is trading slightly under its all-time high (20% not being so much in the crypto world) and, simply looking at BTC after breaking above its ATH we can see that it doubled its value pretty quickly. Furthermore, we are in an extremely strong bull trend when it comes to crypto and I expect this to continue for the first part of 2021.
Just after Christmas high, Ethereum has entered a consolidation stage between 700 and 750. Now the cryptocurrency looks ready for a new leg up towards 800 and with a BTC just under 30k a new wave of crypto-optimism is very probable. Dips should be bought and only a decisive drop under 700 would chance my bullish outlook.
⏳4 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
Detailed analysis 💬
1️⃣ Price around 450.00 and in consolidation phase
2️⃣Trading within arising channel
3️⃣ Crypto's in uptrend and broke of 400.00 level
4️⃣ 430.00 Dynamic support and resistance
5️⃣ 500.00 will acted as strong resistance-Key...