It has completed its attractive conditions on a weekly timeframe and has shown its very high strength in the last two or three days. It has issued a medium-term entry signal by stabilizing above its previous ceiling. Ethereum is in better condition than other cryptocurrencies and will be the first option for re-entry. New targets will be announced soon.
I shared this chart over the weekend, talking about a black hole which was formed in this upper region. you can view that post right here 👇 👇 ---- now i'm not sure about a downside target since the ethereum count is quite complex for my level of experience - but i do think we could easily sweep the lows to get rid of all of the recent high leveraged...
Multiple patterns can be plotted on ETH's chart. 👉On the 1D we have an ascending channel and we find ourselves in the middle right now. 👉On the 6H we have a falling wedge. The price is currently consolidating above the 200MA . In order to continue we need to break above and close the $4600 level. The dynamic of the price is of course influenced by macro...
As you can see we accumulated from mid july to mid November and then had the shake out. Then we had some consolidation and then a stop hunt that led to the shake a few days ago. Now we see smart money taking profits by selling into these pumps and that will change the order flow to bearish. I see us hitting the top of wave B soon where distribution will take place...
➡️ The price of the cryptocurrency approached the resistance level of 4434.32$ , as well as the resistance line (marked in red on the chart). It is unlikely that buyers will be able to pass such a barrier now. A BUY deal can be much more promising from the support of 4019.94$ . You can familiarize yourself with the proposed buy trade on the daily ETHUSD chart...
ETH appears to be forming a head and shoulders in an hour-long time frame.
The emisary here. Hello traders and holders, welcome to my Ethereum panorama for the next 2-3 months. We can see ethereum has been consolidating between 3966-4344, even after the market fell off in the past days we reentered the range as you can see right now on the chart. Light blue trend lines indicate long term Ethereum uptrend, which I dont expect to be...
BYBIT:ETHUSD 1D trend chart - ETH keeps consolidating around the support area we mentioned before. Recently it fell and hit some key points as below. 1. trend line from Cup and Handle pattern 2. 144 and 169ema After this strong pullback, ETH goes back to support zone quickly, and now it even shows a closure candle above 12ema on Day chart(blue...
Drawn out on the 4hr chart on ETH. B U L L I S H !!! It's so similiar the way the RSI double touch below 30 before going into strong bullish momentum again. COINBASE:ETHUSD If wave theory is accurate here we should see ATH just around NYE. This is just my theory and I wouldn't bet against the trend here. If anyone sees this and has input please tell me! I...
- Entry: 4330 - 4350 - Stoploss: 470 - Take profit: 3150
Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XBTUSD 1W Chart) - Mid-Long-Term Perspective Above the 27650.0-29350.0 section: An uptrend expected to continue. Above 47010.0 point: Expected to create a new wave. In order to accelerate the...
A black hole is a region of spacetime where gravity is so strong that nothing — no particles or even electromagnetic radiation such as light — can escape from it. The theory of general relativity predicts that a sufficiently compact mass can deform spacetime to form a black hole. Last night, a black hole was formed in the region between 4300~4400. A 2 year...
ETH is under a channel and I am expecting a 15% rally soon. ETH could reach $4.8k to $5k. Rejection from the 21 MA will pull the price back to the lower support line (3.8k). Entering long for a short=term with SL at $3758. Will close this trade between $4.7 to $4.8. Trade safe and avoid high leverage.
Update from previous ideas: If you look at my analysis my hopes were to hold the 0.5, break through the green lines and aim for the bullish target at 4270, as you can see we couldn't hold above the green lines unfortunately. I also said worst case if we break the 0.5 we are looking now at my favourite retrace levels at the 0.414/0.382 and we perfectly seen a...
First target 4350 and then 4650 Iam very positive on price of present to creat a long opportunity
Update from previous idea: yesterday we were looking at the big bullish scenario holding the 0.5 fib retrace..... andddd we did not do that. however, if you still kept a close eye on the fib we actually held the very last line of support on the short term timeframe seeing a bounce from the 0.236 still holding the retracement and completing the fib. I also added...
ETH/USD suffered a swift decline in value this weekend which correlated to the broad cryptocurrency market and is now near important short-term support. ETH/USD was trading near the 4660.00 mark on the 3rd of December. Selling pressure began to build within Ethereum on the 4th and developed into a flash crash which took the value of ETH/USD to nearly 3475.00...