Welcome to this another Update on ETHUSDT.
In my last update when I posted the buy signal around $3800. It rallied to almost $4800+.
This dip was a blessing.
ETH Chart looks really simple!
Can you call it bearish? I don't know your bias! I just don't see any bearish signs yet.
It's a classic Cup and Handle Breakout with the most important support around $3.8k and...
Crypto , what a joke. wait for it. im gonna laugh till end
also you retards think its about choosing side , bullish , ...
Now Have FUN with This Abyss.
The New Moon is Coming , Also NEW CYCLE.
11/4/2021 , The End of Trend.
In here , According to trend we expect that the price can support in first supp and can rise the price
If the market cant support the price in first supp it can drop to other support that shown on chart
Guys please becareful and dont take any position without taking signal in lower time frame
I think everything is shown on chart and there is...
Welcome to this quick update, everyone.
ETHUSDT looks really bullish here.
I know the market looks scary here but this chart says otherwise.
The Cup and Handle pattern has broken out.
If the upcoming weekly closes above the 42k level it's highly likely we will see a 6k+ ETH by the end of this year.
just to clear your doubt:- There's always a shakeout before every...
We want to sell ETH but in the right place when others try to buy fakeouts ... keep watching what's going on... if you are losing money this retrace is a good place to exit buy orders .
The previous swing on weekly from may till Latest swing of November the price has shown upside while the MACD showing loose momentum
The white dotted line will be acting as supports
Based on shorter time frame trades can be executed on price action basis
As this analysis is done only on weekly chart the following trade plan might take time to activate...
1- According to 3D timeframe chart, it shows sellers are strong and price could go down even more to first support which is $3800. If price can hold this strong support we can hope the uptrend is still powerful.
2- In addition to Fibonacci support and resistance another proof for this idea would be MA20. As you see price can hit the MA20 on the $3800 area.
There is a breakdown from a triangle pattern as if it breaks down from the pattern we can see ethereum support at 100 moving average which is a very important support for ETH, If it fake its breakdown from this triangle we can see the above breakout for Eth and it can grow at a higher rate
Wait for failure and act with it 👌
If the failure scenarios are clear from above.
If it breaks from the bottom, the scenarios are clear, but in the past, Atrium has usually failed due to these situations, so consider this as well.
* Ethereum in 1D time frame is moving in a Ascending channel or Rising Channel pattern
* Rising channel appears when the price moves between two parallel ascending trendlines. forming higher-highs and higher-lows.
* To continue the uptrend Ethereum needs to move within the channel.
* If the price breaks the below trendline support we can expect a drop till $4450...
This head and shoulders is about to play out and we're going to go down and re-test the breakout of the macro triangle. I can tell because of the bearish divergence on the 4 hour on Market Cipher B - bearish head and shoulders always have this kind of divergence between the left shoulder and head. Here are the places that we will bounce on the way down
According to our previous analysis , the market moved exactly to our way
At this time from the past we are in upward channel and we are near the base trendline and we need to take signal and watch carefully to take signal and take position and buy
Maybe it can break the base of trendline like BTCUSDT chart that we published but its not have high chance...
* Ethereum in 4H time frame appears with Rising Wedge pattern.
* Rising wedge occurs when the price moves between two trendlines forming higher-highs and higher-lows. The lower trendline works as support for the price and the upper trendline works as resistance.
* Rising wedge appears with wide bottom and as the price moves higher the range becomes narrow.