Ethereum price has formed a very bearish SHS pattern (showed red) and break the trendline support and now having a bearish retest to confirm the bearish movement. It' s the time to be careful. NOT FINANCIAL ADVICE.
By examining the waves of Ethereum, it seems that the fluctuations of the last 484 days of Ethereum are inside a descending triangle. What this scenario makes clear to me is that Now we should be inside the D wave of this triangle. It seems that after the completion of wave D and E, we will see a heavy drop towards the lower areas. In order to confirm this...
The analysis ⏰ made based supply and demand zone 📌 #DYOR Based on 1W time frame chart 📉📈 lower position price shift to high 📌 good 👍 / but / It's confirmed 👍 the pattern was HH >> LH ( shifted 🙄 ) But recent times slowly movement got shifted 🙄 BINANCE:ETHUSDT Lower low to lower high 📌 this turned/shift movement to bearish 📍 ( last price action...
Hello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price is moving just below the local downtrend line. After unfolding the Trend Based Fib Extension grid, we see that the price remains under support, while the next support is at $1,499, and further at $1,466. Looking the other way, the first resistance is at...
The beginning of the downward trend and the formation of a new path, I expect the price to fall to a certain range
Hello, Skyrex community! Yesterday we shared the unbelievable scenario for Bitcoin and I realized that most of you don't read the articles, only look at the price chart. I told you that it's unlikely and the most negative scenario, but most of you wrote the positive comments. Therefore we can make a conclusion that most of crypto traders are waiting for $40k+....
The Diagonal pattern from the previous post has developed differently than we anticipated. However, our forecast of a move to new lows proved accurate. With the bottom now likely taking shape, it's time to switch to the buy side.
hey traders Look at the chart what u think about ETH ? share ur chart and leave a comment
Eth formed descending triangle pattern and breaks it down. Price will continue to go down by following blue arrow.
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and higher Target/ Reversal zone: 1200-1050 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . Good luck everyone! Follow me on...
Bitcoin has shown a bounce and accumulation. Ethereum has shown No new accumulation even with the Futures ETF launch. Does this end up taking down the BTC Price? No I suspect the opposite will happen as people bail "Alt coins" "NFTs" "Web3" into all converting to Bitcoin Maxi's when the Ethereum price fails to grow and Bitcoin's price grows. RSI / MACD does not...
I have learned that most financial instruments including crypto move in cycles of three. I assume most of you traders would agree with this statement, however where and when do we start the first of the three movements. I have put an example in my chart. In my chart i have predicted the third movement in a three movement pattern. Guessing the first or even second...
Ethereum (ETH) stands at a price of $1,633 as of October 8, 2023, showcasing a minor dip of 0.2% in the last 24 hours amidst a relatively flat cryptocurrency market. The digital asset has been grappling with a significant resistance near $1,620, with a further formidable resistance at $1,665, marking critical levels for a potential bullish reversal. Key Prices:...
As of October 11, 2023, Ethereum (ETH) is trading at $1,557, a decrease from the previous price of $1,578 on October 9, 2023. The crypto market continues to exhibit bearish tendencies, with Ethereum following suit. Amidst this bearish sentiment, several analysts and price predictions reflect a mixed outlook for Ethereum's price trajectory. Analysis: The recent...
By breaking the downward trend line, a buy position can be taken, but wait for the confirmation candle
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 Recently price started to grow inside rising channel, where it reached $1660 resistance level, which coincides with resistance zone. Then ETH made strong downward impulse to support area, thereby exiting from channel and breaking $1575 level. After this, price...