Ethereum continued its incredible pump and reached highs of 0.00723, from 0.00392 starting point. On our last trade, ETH was shorted. It went down from 0.00555 to 0.00500, and met strong support there. Ichimoku cloud support (red line) was tested, but not broken. Stop loss was triggered. On our next trade, we will be looking whether ETH can break cloud up or down....
ETH: Bearish – BAT Detected + ROC Divergence The Wolf of Zurich detected a bearish “BAT” on Ethereum We could therefore go up to around 3 270 3560 Then go back down to point C around the polarity zone of 1800-2035 The 50 and 200 exponential moving averages are still potential targets In addition you will notice a divergence in the ROC between the price which...
ETH is breaking out of a major triangle formation on weekly/monthly timeframe. still 2 days to close the 2 week candle. montly close bullish meantime
ETH price could find support at the 100 SMA where is trading now. In this case, $ 3'350 should come in no time. If lost, a sweep of the low 3'000s is very likely to shake out weak hands.
#eth / #btc pair has lost the trend line support with this month's dump and now trying to reclaim the bull triangle. Claiming the trend will be favorable for #ethereum but this is also a bearish retest. If #ethbtc price declines hard here, this will be greatly unfavorable. Not financial advice.
ETH is trading at support right now. An hold here could catapult the price back to 3.5k. A loss of the 2.9k level could instead bring the price down to 2.7k before a recovery. Geopolitical situation doesn't help. Be careful with leverage.
ETH trading plans - 1st ina a case of a range with volatility drop - we`ll trade breakout 2nd - key area for short at $3500 3rd key area for long at $3050 Better to watch plan to see a whole idea
ETH - price broke value after big Oi rise We saw Huge liqudationg at local low other price create some range before go on better if 1 day range appears and after break down with OI rise watch video - i shared with you examples
ETH Setup. After a confirmed breakout from the marked zone in green, we could take an entry at 3716.71 Remember stop loss is your friend. Everything is on the chart. Entry 3716.71 S.L 3543.76 T.P 1 3808.59 T.P 2 3932.90 T.P 3 4093.24
ETH 16% after big sell off at low Time for pullback or local range other thing would be hard to trade
ETH correction stopped at 0.5 Fibonacci retracement zone. The bullish trend is expected to continue and reach Fibonacci 1 level.
ETH price found support at the important 3'670 level and is now trading back above the 100 SMA. This could be an excellent point to buy the dip for a rally back to 4k (and finally break it). ...4.5k could come soon!
ETH Pre Breakout Trade Idea on H4 Good RR from here on longs Entry: $2200 SL: $2089 TPs: $2600, $2900, $3200 It is risky right now but very good RR so cannot miss it!
ETH formed rising channel on the hourly chart. Lower trendline offers minor support. Upper trendline held the price since Feb 28.
ETH price finally caught a bid and it's accelerating. 3'680 target reached now, we could expect some consolidation here or even a retest of the uptrend at 3'500. Next target to the upside is 4'000.
ETH call was top notch, price perfectly followed the trendline and stopped at 3'200, which was our target. Now, I personally expect a little retracement to retest the upward trendline (at 3'100) or even test the psychological level of 3'000. These could be nice buy opportunities. Next clear target is 3'400.
ETH has been moving in the 2'900-3'000 range, which is perfectly in line with the drawn levels. Now, price is at the bottom of the range and could follow the trend up again. The level to watch on the downside is once again 2'880 (or 50 SMA, wherever it is). On the upside, we need to break 3'040 in order to go up. Dips to 100 SMA are golden buy opportunities.
ETH has recently been very strong. The trend is set to continue as long as we hold 2'880. A correction to 2'720 would be a huge buy opportunity. I personally don't think it will happen. Short-term target is 3'200.