📊#ETH rebounded as expected, where is the target?❓ 🧠 From a structural perspective, there is only a bullish expectation after the short target is fully realized, so a rebound in the buy zone is very reasonable. At present, the price has reached a staged resistance zone, and there is a risk of falling back. Since our entry point was not very good and we did not...
📊#ETH reaches the buying zone. Starting to rebound❓ 🧠 From a structural point of view, the goals of the double top short structure have been achieved. The price is currently in the buying zone and support zone, so we need to be alert to the occurrence of a rebound.⚠️ At the same time, we have also closed all the short orders in our hands. Congratulations to the...
📊#ETH is blocked by the downward trend line📉 🧠 From a structural perspective, the double top short structure is intact and there is still an expectation of a pullback. It is easy to see from the chart that we are currently blocked by the downward trend line and the price is in the resistance zone, so a decline is very likely. ➡️If you want to do long trading,...
📊#ETH may continue to fall according to the double top structure📉 🧠 From a structural perspective, we have constructed a larger level double top short structure within the resistance zone with the ideal target zone of 3191-3279. Therefore, we will continue to look forward to the realization of this target area after locking in the main profits. 🔥Congratulations...
📊#ETH Bearish Head and Shoulders📉 🧠 From a structural perspective, we have constructed a very standard bearish head and shoulders structure in the selling zone, so we should not be too optimistic and should be alert to the occurrence of corrections. Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals...
📊#ETH is in a contradictory range⚠️ 🧠We are currently in a conflict zone. There are reasons to support both rises and falls, so we can only be conservative. If we have good profits, we need to reduce our holdings to reduce risks, and then look forward to more. ➡️Judging from the current development, if we choose to continue sideways consolidation to digest the...
📊#ETH reaches the target area ✔️ 🧠 From a structural point of view, we started the rebound with the double bottom structure as the supporting force. We have successfully reached the ideal target area of this structure. Therefore, it is not recommended to chase the rise in the selling area. The action that should be done in the selling area is to sell. ➡️So we...
The ETH/USDT pair is currently in a strong downtrend with bearish indicators and patterns. The key levels to watch are the support around $2,850 and resistance around $3,100 to $3,200 . If the price breaks below the support level with high volume, it could indicate further downside. Conversely, a bounce from the support level could lead to a short-term...
📊#ETH is in the resistance zone, don’t chase the rise⚠️ 🧠From a structural point of view, we have successfully constructed a double bottom bullish structure, so it is very reasonable to maintain the bullish view. The ideal target area for this structure is 3360-3533. ➡️Although we are bullish, we are currently in the resistance zone. The action to be taken in...
📊#ETH may be pumped according to the double bottom structure🚀 🧠From a structural perspective, we have constructed a double bottom bullish structure near the buy zone on the 1-hour level, so the probability that we will continue to rise based on this structure as support momentum is greater than the probability of falling, but when we break through the inflection...
Purpose: 1. To aid you in determining a TP target for short positions. 2. Avoid loss by entering a long position prematurely. 3. To point out a possible buyback Zone Description: Ethereum formed an M pattern. This pattern satisfies the initial requirements of a Bullish Bat Formation, which are as follows: 1. Mandatory 50% B-point retracement of the XA...
ETH is currently trading at the liquidity level I mentioned in my updates a few weeks ago. The price has hit the yellow box and is supported by the lower trendline, which has been acting as support since October 2023. This is a crucial level to hold. The lower support of $3,089 is marked by the 200 SMA. Oscillators are excellent tools for indicating changes in...
📊#ETH is approaching the periodic resistance zone🔥 🧠We had a good rebound as expected after the price reached the support zone and is currently stopping near the neckline resistance zone. If the breakout is successful, then we have a chance to go to the resistance zone marked on the chart. ➡️From a structural perspective, we have not yet built a long structure...
Ethereum(ETH) has succeeded in breaking the lower line of the Symmetrical Triangle . According to the theory of Elliott waves , Ethereum(ETH) seems to be completing corrective wave s. I expect Ethereum(ETH) to fall at least to the Potential Reversal Zone(PRZ) . Note: An important point you should always remember is capital management and lack of greed. ...
In 2 months, the #ETHUSDT price rose from $3000 to $4000 and firmly established itself above $3400. Clearly according to the blue scenario 💙 + the news background around the #ETH ETF is actively recovering that large funds are ready to buy, just "agree" and launch) So let's try to assume that the next wave of #Ethereum price growth will be at least up to...
📊#ETH head and shoulders structure is not established❌ 🧠Although we broke through the downward trend line, we still chose to fall in the end. The expectation of the bullish head and shoulders structure also failed, so the long orders we made based on this expectation were triggered to stop loss. Although it has fallen below the low again, we are currently in the...
Based on your ETH/USD chart, here's a potential approach for deciding when to execute trades: 1. Support and Resistance Levels: - Resistance: Around 3,491 - 3,446. - Support: Around 3,385 - 3,202. 2. Chart Patterns: - The price is currently in a descending channel, indicating a bearish trend. - Look for potential breakouts above or below the...
📊#ETH correction phase may be over✔️ 🧠From a structural perspective, we have successfully broken out of the downtrend line. If a bullish head and shoulders structure can be constructed near the buying zone, then there is a high probability that we will use this bullish structure as support to start rising, and we will have the opportunity to challenge the...