Ethereum has been doing aqua aerobic in the blue zone between $1456 and $1013 for a while now, moving up and down along the 61.80%-retracement. Although it could have gained enough drive already to start the ascent, we expect the cryptocurrency to dive a bit deeper still before rising out of the blue zone. As soon as wave (ii) in blue is finished, though, Ethereum...
Ethereum is still acting coyly regarding the lower blue zone between $1456 and 1013. So far, the cryptocurrency has only dipped into it shallowly and drawn back, as if its surface was too cold to the touch. We expect Ethereum to overcome its reluctance, though, and to dive into the lower blue zone properly to finish wave (ii) in blue. Afterwards, it should move...
Ethereum has had a nice rally since it formed a double bottom, congratulations to all my followers who took the long trade setup. It is now forming a potential double top, with the neckline at 1930. The double top will only be confirmed if price breaks below 1930, and it will be invalidated if price rallies above the second top at 2025. Why follow? 1....
Ethereum is testing the neckline of the inverse head and shoulders pattern at 2540-2550. Bitcoin has already broken out of the inverse head and shoulders, so lets see if ETH can follow. A break above 2540-2550 with good volume could be a good place for a long. As always, I’m not a financial advisor, do your own research, and stay safe!
Ethereum Support and Resistance Levels
Ethereum Break Out / Break down is very near if break this triangle than 429, 419 and if break out than 484. Lets wait and watch in both conditions volume should be High. :point_up_2:
#Ethereum #Bitcoin #Litecoin Hello to all watching my charts Ethereum is similar to Bitcoin caught in a Trading range and neutral at the moment. here the trading range is between 200/204 and 2223/225 We have to wait in which direction the outbreak will come. Below 200 it seems to be short, above 225 it seems to be long for me Good trades If you want to...
Ethereum bounced from the demand zone twice forming a tweezer bottom BUT was unable to close above the EMAs, which does not bode well for bulls. The support level near the channel bottom and FIB seems to be holding so far but signs of resistance are creeping in. MACD signal line is trying to crossover bullish and histo has just now turned gree, however, RSI...
Ethereum is on the green or rather in the green zone between $1754 and $1457, still hesitating to advance further. Technically, the requirements for completing the current movement are thus fulfilled. However, we expect the cryptocurrency to ideally hole wave 2 in green around the middle of the green zone. This done, Ethereum should turn upwards, aiming for the...
Ethereum is consolidating in a symmetrical triangle after the most recent bullish rally. From a purely technical analysis perspective, there is a higher likeliness that price breaks upwards since price rallied into the triangle. That said, we want to wait for a breakout and confirmation before jumping into any trades. If price breaks to the upside, the potential...
Ethereum is forming a W-pattern double bottom pattern with the neckline at 2170. If price breaks and closes above 2170 with strong volume, then I will put in a long scalp trade. As we are testing this neckline right now, this buy signal could come at any minute. Of course, if we dont get the breakout, then this pattern is invalidated. Im waiting for confirmation...
Ethereum receives a sell signal on the 4 hours timeframe, but still a buy on the daily. Please leave me a message if you want to test the buy and sell indicators that i am using.
Ethereum also showing mixed signals. With a bullish inverted ascending scallop formed supported by the formation of a bullflag on the 4H chart for the bulls case. Also a bearish triangle formed for the bears case.
Ethereum and Bitcoin Cash are leading all coins higher, and are showing the trend that Bitcoin will almost certainly follow. Unlike Bitcoin, whose chart is not so clear with the breakout, Ethereum's chart has broken out of the triangle very clearly on multiple chart patterns including the long term trendline support (bottom part of triangle), the top resistance...
ETHEREUM is approaching it's Key level *previous major level (resistance/support/resistance). Unlike most of the times that we look at BTC to make analysis and prognosis for the market, at this stage ETHEREUM is the one chart that decides if we will have a Bullish or Bearish next couple of days. If the price can breach over this level the chances of a second-leg...
Ethereum scaled some key levels from last week’s support of around $2,500. The largest altcoin hit levels above $2,800 following sluggish trading over the weekend. Moreover, bears forced their way, ending the seemingly eternal dilemma in the market. A correction followed Bitcoin’s dive from $36,000 to $32,000. Bearish calls have soared in the market, with...