Ethereum (ETHUSD) almost hit our 2450 Target on the last buy call we made (November 17 2023, see chart below) before it started to consolidate at the top of the 1.5 year Channel Up: However it did turn out that the consolidation Megaphone, similar to January's, was the one that started on December 09 2023 and not before, as on our previous analysis. For that...
Ethereum has been consolidating within a distinctive Rising Wedge pattern since June 2022, forming a sequence of higher highs and higher lows. This pattern typically suggests a period of tightening volatility and impending price action. Current Status: As of now, Ethereum is trading around $2090, positioning itself at a crucial juncture within the Rising...
Ethereum (ETH) price climbs above $20,90 backed by increased risk appetite among 200 largest whales who now hold over 50% of ETH’s available supply. Ethereum price has been bullish since the pullback to $1,900 earlier this week which had been triggered by the saga surrounding the ouster of the founder and the CEO of Binance, Changpeng Zhao. Most cryptos rolled...
#Ethereum Down Time Came...It's ready to collect downside liquidity. Bull Volume is weaker then Bear Volume. And My PA supports #ETH Short.
Ethereum is one of the leading cryptocurrencies in the market, currently priced at $1743. Analyzing its short-term price movement using a 4-hour timeframe, along with several technical indicators, provides valuable insights into its potential trajectory. The Relative Strength Index (RSI) is at 60, indicating a relatively neutral state for Ethereum. This suggests...
Ethereum bounced off the lower boundary of horizontal channel. Bearish movement to support level at 1330 is expected to happen.
Ethereum bounced off the resistance level. Asset bounced down off the bearish trendline. Decline to support level at 1527.5 is expected to happen.
Ethereum has been manifesting significant strength in the past few days due to which the price has been trading within the decisive pennant, showcasing both the possibility of rising beyond $1300 as well as plunging below $1100. Despite the dropped volume, the volatility remain pretty high which flashes the possibility of a marginal price jump very soon which may...
Ethereum bounced off the descending trendline. Asset bounced off the resistance level. Bearish movement to support level at 1240 is possible.
Ethereum made an interesting analysis that we can to entry in short in this trade. In the previous candlestick, formed a bearish hammer, indicating sell-off. What we can to short this cryptocurrency toward $1,090 USD. In H8 timeframe still bearish in this side. Meanwhile, in Daily timeframe we see a possible perspective that Ethereum may to continue down...
Ethereum trying hard to break triangle resistance Dominance increasing If Ethereum break his triangle resistance it will bounce easily 1500$ But Binance helted situation may be effect on market so keep your eyes on news Technically Ethereum will bounce at 1500$ easily
Ethereum (ETHUSD) is once again testing the 1D MA200 (orange trend-line). Being still on a downtrend but since mid-June on Higher Lows, this undoubtedly draws comparisons with the 2016 Bear Cycle. As you see ETH made Higher Lows in December 2016 and that was the bottom of that Bear Cycle as an early January 2017 1D MA200 Double Test resulted in a break-out and a...
Ethereum: Price Is Getting Ready For Another Bullish Wave During the previous analysis, we close good profits near to the top of the structure. Now the price is coming down again and it can rise further from 1317 where it is now but the chances are higher that the price could test also 1270 before it makes the next bullish movement. The actual area looks very...
Ethereum is currently moving in a sensitive zone on my chart (Resistance zone). We can imagine two scenarios for Ethereum. 🔆Scenario 1: Ethereum reacts to the SMA50(Daily Timeframe) like 3 times before and fails to break it, and moves towards the support zone again. 🔆Scenario 2: This time, Ethereum can break the SMA50(Daily Timeframe) and approach the Important...
Ethereum merge: the ETH 2.0 road to centralization? Ethereum is all set to go for a transition to Proof of Stake. Ethereum merge will impact the system, giving rise to new stakeholders, ‘builders.’ These builders will change the power structure as they come to the fore. Ethereum management said they are monitoring the situation and will take the required actions...
Ethereum was able to break the important Trend line by Bearish Marubozo Pattern (with high volume), and when I saw this pattern & volume, I was more sure about the break (Valid). Ethereum passed the pullback to the important Trend line by low volumes these days. I expect that Ethereum will go down to at least the support zone. 🟢Support zone🟢: 997$-880$ ❗️ Note...
Ethereum will still experience a downward movement..... Since there's a sell side liquidity. So currently we can still go "SHORT" on Ethereum
Hi everyone As we get close to 8th of June for Ethereum 2.0 upgrade, some good bullish moves may happen on this asset's pairs which includes ETHUSDT. In the past couple of bars, the weaker selling pressure is obvious,but to have a healthy trend we may get another move down to 1725$ and then we can have some good bull market. Support factors are 1725$ level...