Buying ethereum here for a move to the upside. my targets and stop loss are on the chart
On the ETHUSD daily time frame, we can see it's now trying to break out the support level, but before that, ETHUSD must make some correction upside. We can see it already creates an ABC pattern where the C is still unfinished. So, we are going to open a Buy call here and expecting to fill the C level.
Buy zone 1950-2000 Sell zone 2250-2300 Invalidation 1850
Those who are holding onto cash, buy the dip and hold fast. Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1916.5). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Ethereum's flash drop under $2,000 called more investors into the market. Short-term technical levels turn bullish as Ether settles above $2,000. Ethereum lost significant ground following last week's rejection at $2,650. The downtrend worsened upon breaking former support at $2,400. Finally, the pioneer smart contract token extended the bearish leg under...
Ethereum bulls back to the drawing board, embracing support at $1,850. Signs of recovery begin to emerge as the RSI bounces off the oversold region. Ethereum plunged massively, exploring the levels under $2,000 for the second time since it traded all-time highs of around $4,500. However, support appears to have been established at $1,850, allowing bulls to...
At the moment Bitcoin is fluctuating on support line and I believe that it will increase about 14 per cent in following days. Therefore we can anticipate this can bring positive impacts on Altcoins. However I can not deny this fact that the overall trend of bitcoin is fluctuating in downtrend channel.
A large rally for ETH makes sense with the developing and adoption occuring with NFT's and DeFi finance Nothing to me is pointing to a bear market, I just can't see it I am hodling my original stance of a bullish state for both bitcoin and Ethereum in the medium term timeframe (weeks) Comment thoughts and doubts (if you have them)
Ethereum is potentially forming a W-bottom (swing low followed by a higher swing low), and the neckline of the pattern is at 2250. We need to see a strong break above 2250 with above average volume for us to consider taking a long. And because price is already at the neckline, the break needs to happen rather quickly otherwise the W-pattern gets invalidated. Hi...
Chart showing other times the 100MA was tested Pretty bullish signs are evident
Obviously ETH is going to be very similar to BTC. Bet: movement downwards between the orange lines. After, a bounce upwards to about 3400, then down to the support of 2900. This should happen before 1st July and go alongside BTC bounce. win counter: 3W4L.
ETHUSDT - Intraday - We look to Buy at 2484 (stop at 2398) Daily signals are mildly bullish. Trend line support is located at 2480. 50 4hour EMA is at 2510. We look to buy dips. Our profit targets will be 2727 and 2827 Resistance: 2630 / 2700 / 2800 Support: 2500 / 2400 / 2300
Ethereum’s trading this week has appreciably yielded for the bulls. Support at $2,400 was defended at all cost during the weekend session; hence buyers channeled all efforts toward resuming the uptrend. The break above $2,500 on Monday bolstered Ether past $2,600. However, the pioneer token seems to be struggling with another hurdle at $2,650. At the time of...
Hello Traders! While Penguins are on the hunt, you can easily join them as well! It is easy, all you need to do is to collect the hearts and watch for the eye signs. Heart in the box - a place to take profits Eye sign - spot to jump in, or watch Penguin - expected direction Have fun with it, and remember - this game is about the patience. Keep yourself...