Ethereum has resolved to eat more healthy food. Thus, it has added a lot of greens to its diet, as is visible in our chart. First, it should take a bite of the middle green zone between $2169 and $1542 to finish wave 3 in green. Then, it should climb upwards to complete the countermovement in wave 4 in green. Afterwards, Ethereum should resume the descent below...
Ethereum doesn't look nice with this double top formation
However the present of the 2.618 fib circle ring may allow for a bounce to occur
ETH/BTC also looks ready to push higher after just moving below a major trendline, signaling the upward move
Ethereums been getting beaten down recently following Bitcoins lead and we have been trading within a descending channel like we talked about last time, we had a brief fall out of this channel but have since recovered after finding support at the 0.786 FIB level, we have also regained obvious support at the 2618$ level. We have fallen out the downside of our...
Ethereum has been following my second scenario yellow path pretty perfectly against Bitcoin, we are currently sitting just under resistance at 0.0769 which we have wicked off of multiple times already, weakening the level everytime. We are sort of moving sideways but i think the momentum is building up for ethereum and its only a matter of time before we smash...
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.
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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 has broken above 1.618 fib level within the circle
It also seemed to form a flag and has broken up out of that
This is the weekly chart
I expect it to outperform BTC
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 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 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 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 #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...
