Dear Traders, Ethusdt still has potential of hitting $2450 price region, currently price has break -through the consolidated area and then price distributed successfully. Yesterday and today price did not move much due to public holidays and major markets are closed. We expect price to distribute successfully tomorrow. Good luck and trade safe!
ETH/USDT is showing promising signs. It looks like it's gearing up for a bullish move, and I anticipate the price to increase by 15-30% in the coming days. However, it's important to note that this is not financial advice, so please do your own research (DYOR) before making any decisions.
In the weekly time frame, Ethereum broke out of this horizontal resistance, resembling the pattern observed in the last bull run. Following this breakout, a retest similar to the previous bull run is anticipated. In the daily time frame: - Ethereum faced rejection at the $2400 level. - The $1800 to $2000 range is identified as a support level, also representing...
Happy Weekends Everyone, BINANCE:ETHUSDT we have got two scenarios with this crypto pair first one is where price continue the bullish trend up to $2800 and the second scenario where we expect price to drop around $2100 region where we can price yet to fill the liquidity void area. However, looking at the current market sentiment we do not think that price can...
ETHUSDT Technical Analysis Update: There are two potential scenarios for a rebound. Scenario 1: The previous resistance level at $2,140 could now act as crucial support for ETH, potentially triggering a bounce from this level. Scenario 2: At the $2,000 level, two historical resistances could act as support for ETH. Additionally, the $2,000 level carries...
ETHUSDT taking support from trendline and we will see a upside movement from here. Manage your risk according to your account size!
On the 8am (SGT) candle on a 4 hour timeframe, there are 4 long rejection wicks. Further left, resistance has turned support. The markets dip caused by Bitcoin whales selling 671m worth of Bitcoin might cause majority to expect a continuous sell, however, the rejection wicks shows strong bullish strength to defend the zone. I am expecting sideways movement for...
✅It seems that Ethereum managed to break the Important Resistance line . ⚔️At the moment, Ethereum is attacking the 🔴 Heavy Resistance zone($2,540-$2,300) 🔴. 🌊According to Elliott's wave theory, Ethereum completes a main wave 5 . 🎯Main wave 5 is likely to be completed in my Target . Ethereum Analyze ( ETHUSDT), 15-minute time frame ⏰. Do not forget to...
A drop is likely expected for Ethereum here. It has reached our reversal zone, and it looks like has now broken down a good trendline. Red line could be next
🧠As we mentioned in our last post, we completed a healthy pullback and re-established a small double bottom long structure after sweeping the liquidity pools below, given that our target for the large long structure was not all If it is realized, then there is a high probability that we will continue to be bullish. 📈 ⚠️Please note that there are no absolutes in...
➡️As I mentioned in my last post, we achieved the first goal, and we also successfully broke through the short defense point, which means that the short structure was destroyed, and there is no short structure as an obstacle in the general direction. Then we will have a high probability of continuing the bullish power.🙏 🧠At the same time, through the chart, we...
🧠If we continue to rise according to the falling wedge, then the first thing we need to do is to destroy the short structure, so the short defense point is our first target, and a break here indicates that the short structure is broken. Without the bearish structure in the way, then we will use the double bottom long structure as support to drive up, so after the...
🧠It is not difficult to see this falling wedge pattern in the chart, and we have also experienced a full Elliott pulse wave, and we are currently completing the Elliott correction wave, and if our wave C can successfully break through the inflection point, then a new burst is likely to occur. ⚠️Note that if we do not extend this rally and break below the bullish...
TRADE ALERT!ETH Ticker: ETH/USDT Entry: 2050-2070 Take Profit: 2301-2404 Stop Loss:1846(Daily Close Below this) Risk to reward: 1:2 Technical Thesis:ETHEREUM BIG ASCEMDING TRIANGLE FORMATION
4h time frame - ETH hit the resistance from downtrend line which is the top of a falling channel. ETH stays longer than previous times it reached this downtrend line, this is a sign shows comparable strong information. Therefore, ETH has high possibility to break out this channel, and we can have higher target like 2000 and 2200 if break above the structure....
4h time frame - ETH is creating a falling wedge since 17th April, and just got bounce from wedge bottom at 1520 Assuming ETH is keeping satisfying this structure, then we can set target at wedge top around 1850. Also, 1850 is the 0.382 Fibonacci Projection, which is the PRZ and have possibility to bring ETH down to 1300. Therefore, we can set a trading plan...
BINANCE:ETHUSDT starts to break through the lower zone of a symmetrical triangular figure originated in 2022. If fulfilled, its potential target would be $430. BINANCE:ETHUSDT 1W On the daily chart ETH is immersed in a sideways for two months. It has lost its 200 average and also its medium-term bullish trendline . It would be logical that in the...