#ETH UPDATE. #ETH is currently trading in ascending triangle with trend line as the support and the blue box area as the resistance.If eth breaks below to the trend line support then we might see that eth can test the next support level,however for the upside move eth need a close and confirmation above the blue box area on 4H TF atleast.
ETH is now trading near 1650$ . It is moving inside a rising channel on 4H time frame. Now there are two scenarios: 1- ETH breaks down the channel then that is short term Bearish signal for ETH and it can test 1476$ - 1400$ level. 2- ETH holds the lower support zone of the channel then it can again go for upper resistance line of the channel and...
ETH has found support daily as projected on Aug 27. Long will be confirmed with price moment above $1,530. Look for possible resistance levels at $1,570, $1620, $1640. Technicals - ETH funding has been negative for a while now. ETH daily MACD showing upward momentum ETH daily Stoch showing fast cross over slow with upward momentum ETH daily Vix Fix showing...
ETH short to the $1570 area within the next few days, if the current $1,700 to $1,680 support area breaks. ETH breakout was stopped by the EMA 234 on the 12-hour timeframe. ETH is now testing the 12H 15 EMA ($1,700). Middle KC and Middle BB are showing $1,680. If 15 EMA breaks ETH may either bounce from the middle KC/BB and range for a while or it may drop...
ETH is at local resistance + a high volume node, trying to break out and confirm an Adam & Eve bottoming pattern and continue it's macro uptrend. If it breaks above this area, there is lower volume above which means it will face less resistance if/when it moves towards the upper trend line. We're also seeing increasign volume on increasing price - also...
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ETH broke out from rounding top pattern on a daily chart, I have marked the target of rounding top pattern which is $1248. This pattern can possibly play out with a flash wick down to this level. Another interesting thing to notice is that soon we will see death cross, Last death cross on ETH happened on Sept 2019 which lasted for over 4 months. ETH is barley...
ETH has gained a lot of traction this year, it seems to be consolidating from its recent ATH in October @ 4875. Outflows from ETH this week have been fairly high and even higher than BTC for the month of December with outflows amounting to ~$63.6m this week and ~68.4m this month. Although there are excessive outflows within Ethereum it is most likely large amounts...
ETH has been showing great strength lately and it is very close to retest the previous ATH trendline if the trendline is broken and the ATH resistance area is broken we'll see ETH to the moon. One possible entry that I can see on the charts is longing and buying ETH from the support zone of 0.618 which is marked on the chart, we have a support trendline as a...
ETH has been making a Cup & Handle on higher timeframes in USDT chart, and it also broke out of a bull flag, if ETH can manage to breakout of the C&H pattern we'll see it retesting the previous ATH and going into a new discorvery mode in the coming weeks/months. This TA is done on higher timeframes and for ETH to work out as mentioned we'll need to wait couple of...
ETH is forming one of the most bullish pattern, A Cup and Handle formation which is a bullish continuation pattern and has a success rate of 61-63% on a daily time-frame. The pattern points to New ATH and potentially the possible targets of $8k - $10k (rest all targets are mentioned on the chart) and the time duration under which these targets will be achieved...
#Eth as we have previously discussed in other posted has reclaimed the golden pocket fibs and currently retesting 0.38 FIB. Entry - current price range Exit - $5k USD Stop - $1980 Let's see if eth can continue to push and hold this range on the 0.38 FIB Eth is enjoying a strong breakout from the falling wedge it formed. Adding confluence to be bullish is the...
ETH continuing slide but we are seeing a double bottom at $1,800 level. If we are able to hold this level we should see a significant bounce before stocks start trading tm. Still bullish ETH nothing fundamentally has changed for ETH Defi & NFT's still run on ETH blockchain and 2/3 of stable coins still run on the ETH blockchain. Im Long ETH.
ETH is always a sign of altseason and as long as ETH is bullish altseason will not end. We will see a good move in the ETH USDT pair and ETH will make a new all-time high. If you are holding ETH then no need to sell it here.
ETH target for the top of this bull market is 14000. Ether has strong technicals and fundamentals currently. EIP 1559 upgrade should propel ETH much higher. I believe ETH will outperform BTC over the next 10 months. My target is 14000 sometime between mid November and mid January. This is based off of forward looking Fibonacci retracement model and comparing...
ETH/USD could be ready to gun for ATH within the next week or two. MA30 has crossed back above the EMA100 which during this bull run has been a big indicator of continued momentum to the upside, this is not something to ignore. If price confirm flips the MA30 as support there will be more conviction in this target playing out. A Cup and Handle has formed...
ETH/USDT We are laddering a long for ETH at a potential support level. ETH has just made another ATH at 1820 and if it comes back to retest this level as support we can ride it back up to new ATH's Pros for this trade: ETH is very bullish and can follow BTC easily from here. It's making new ATH's almost every day now. Cons for this trade: ETH can come down to...
ETH rallied a fairly strong wave from $ 600 to $ 1300 almost anyone bought at this price x2 money What is the reason for the increase in eth? Faith, expectation? If you are trading by trust, you can lose the profits you already have The trend pattern of ETH is currently in a sensitive area, weak demand pushes prices weak in an uptrend. Just one breakout is...