CRYPTOCAP:ETH #Ethereum Weekly Chart Update: ETH faced rejection from the $4k resistance on the weekly timeframe, and It has reached a low of $3k and has bounced back to around $3400. The support level is at $3550, currently it treading below this support but if the weekly candle closes above this level, it can be considered a good sign. However, if the weekly...
Price has retraced lower of the past few days and we now see price getting into an interesting zone for the buyers. Price action around 3524.45 - 3375.80 will be very important as a break below this zone on the higher timeframe could shift the short term bias towards bearish trend. In the scenario of breaks lower we could look at levels around 2904 for...
BINANCE:ETHUSDT Price had left strong wick rejection and has show some strong bullish behaviour since last two days. We expecting ETH to hit a new record high which would be between $4500-$5000 which will be our final target before ETH make any major correction, use accurate risk management. There are two scenarios that can happen with ETH, if price decide to...
Hello Traders, welcome to today's analysis of Ethereum. -------- Explanation of my video analysis: After the expected break and retest on Ethereum in 2022 we already saw a quite nice continuation towards the upside. Right now Ethereum is approaching the previous all time highs and there might be the possibility that we will see a short term retracement. On...
The last time the crypto reached current levels, interest rates were near zero. Now a supply-demand imbalance is eclipsing the outlook of higher-for-longer interest rates.
On this 15 minute chart from the candlesticks, supply and demand zones are tool drawn. The resistance trendline and flat bottom form a triangle pattern. The Fibonnaci retracement tool is used to find likely targets which are also pivots to the left. The dual TF RSI indicator by Chris Moody shows both the faster 5 min and the slower 60 min rising over the...
HELLO FRIENDS As I can see ETHUSD just tested a strong resistance level near 4K$ and now we expected more upside moves in coming days we are buying more Ethereum from buying zone till that level now we enter for sell from last HIGH Friends as all of knows it's just the begging of BULL run many new billionaires are joining the crypto not only peoples governments...
Price has been extreme bullish since last month, suggesting price to keep strong bullish momentum in upcoming days and month. March is known to be bullish month where many speculated ETH going to hit $5000 mark by end of the march. We think price will do minor correction towards $3100 to $2800 marked area region where price can bounce sharply towards $5000 target...
H4 - Bullish trend pattern. Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
I expect eth price will drop in this moment depend on my analysis ///cheers
In my opinion, market is still bullish and BTC is likely to continue to $50k. I believe ETH is likely to test $2674 before any significant downside. This trade idea is not financial advice. I am not any kind of financial advisor. Please do your own analysis, responsibly manage your risk, and stay safe. Thanks for hitting the like button and for following!
As you might have noticed, the crypto market isn't doing so well (depending on which side of the table you're on) and the continuation of the correction is imminent. I've recently posted a Bitcoin analysis and I thought it would bring some value to do the same on ETH. Here is my view on things: What is on the chart? (Follow the steps) 1) November 2023 is...
Price is in upternd channel #1 The price above the support area is 1925 to 1625 As long as the price is above the Support area and the uptrend line, there is a possibility that the upternd will continue Trading Setup: Ethereum ETHUSDT (Weekly) Pullback Strategy in Long-Term Investing ⬆️Buy now or Buy on 1812.0 ⭕️SL @ 1317.0 🔵TP1 @ 3200.0 🔵TP2 @ 3999.0 🔵TP3...
Red box is the key level for ETH. It's a huge resistance on H4 tf, and we can see a possible fakout before retracing till actuals lows. In case ETH will be strong enough to break above the resistance zone, it could jump and enter the green zone, where i expect a touch of the main trendline
In my opinion, the dip has been weak. I think price will hold up for now at the lows and make a push higher. Gold has also held up so far near the yearly open. I am currently long on BTC and ETH. I think BTC is likely to retest the current yearly high and then if above make a push for $54,000-$57,000. This trade idea is not financial advice. I am not a financial...
Date: January 12, 2024 Overview: Ethereum (ETH) has displayed a strong bullish trend against the USD, as identified within a pitchfork channel on a daily timeframe. The key support and resistance levels, derived from pivot points, along with the Z-Score Probability Indicator, provide a comprehensive view of ETH's potential future movements. Channel...
In my opinion price is at a critical juncture. If bulls can pick up some strength and hold current lows, they may find a way forward to $2800. I trade what I see. When price changes I change. I look out for potential scenarios and adapt to price as it changes. This trade idea is not financial advice. I am not a financial advisor of any kind. Please do your own...
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...