Ethereum has recently formed a bull flag, indicating significant potential for upcoming market movements. On Ethereum's upward trajectory, the first notable barrier is resistance A, and successfully overcoming it could pave the way to reaching the channel's ceiling. If Ethereum can respond positively to these resistances, we can expect a substantial increase in prices.
If you haven`t sold the top on ETH Ethereum: After analyzing the chart patterns, I would define the revised buy zone as ranging from $2170 to $2370, as illustrated in the chart.
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) The HA-High indicator is formed at the 3321.30 point, so the key is whether it can support and rise around this point. If it falls, you should check if there is support around the...
#Update analysis result #Analysis of Ethereum Time 1D currency As expected, the price has entered an upward trend from the specified level and has seen a spot price growth of about 15%, and I hope you have taken advantage of this upward trend. Currently, the price is reaching its dynamic resistance level, and if this area breaks, we can still expect the upward...
Example 2 💰ETH (COVID dump ) -70% ➡️ peak volumes at the bottom ➡️ gradual recovery and bull run further 💰SAND (now) -56% ➡️ Big volumes at the bottom ➡️ projecting gradual recovery Similar price action was on most of altcoins during Covid. So now we should expect similar price action on most of altcoins too. But the main thing is to decide which Example it...
Hello friends, In the ETH chart as you can see here. The price in a strong fresh zone for buying. But we need this false breakout to be confirmed. If this monthly candle close above this zone, we will have the chance to see ETH fly. If not will see it in the support below. Hope you understand what I'm going to say. Focus on price action. See you next time
Hello everyone, let's look at the 4H ETH to USDT chart as we can see that the price is moving in a downtrend channel where we could see a bottom breakout from the local uptrend channel. And here the decline itself after leaving the rising channel, reached the 0.318FIB level at the price of $3020, which has just been broken, then there is strong support around...
Expecting a bearish reaction in Daily supply after 15m strong liquidation and bearish momentum
Ethereum is presently positioned above a pivotal support line that delineates the current trend. Recently, the coin experienced a rejection from its proximate resistance level. Anticipation of a subsequent rejection upon a retest of this level is warranted. Should this rejection materialize, focus should pivot to the immediate BUY BACK ZONE for potential...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 ETH has been overall bullish, trading above the red trendline which is acting as a non-horizontal support. Currently, ETH is in a correction phase trading within the falling orange channel. Moreover, it is retesting a strong demand in green at $2900 - $3000. 🏹 Thus, the...
As the price getting closer to the 4H demand zone, I will look for more developments in 15m tf to catch some long setups.
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Based on the historical market, the bitcoin halving event would followed with a significant price growth of the crypto assets, which matches the current market status. Thus, a bull market are expected in the next one and a half year. As for the sentiment analysis, the current funding rate in bitcoin perpetual market are maintaining a slight negativity in the past...
The daily chart for Ethereum (ETH/USDT) depicts a descending trendline, highlighting a pattern of lower highs, indicating a downward pressure in the market. Ethereum's current price is $2979.55, facing resistance (R1) at $4126.11, which is a significant jump from the current levels, suggesting R1 might not be an immediate concern. More relevant is the immediate...
Out of sheer boredom, I clicked on my old favorite indicator, the Ichimoku Cloud. Without going into too much detail on how it works. I can say that those who use this strategy should be salivating at ETH at the moment. The flat cloud top (kumo) is considered strong support - this is the third test. The brown line, or Kijun, is also viewed as a support level for...
From the chart, ETHUSDT has formed a bearish pattern without diverging, which indicates that the bearish trend will continue.
Hello Here you can see the 4-hour chart of Ethereum, where we expect the price to engulf the swap zone and get ready to buy on the retracement at the specified support areas. The analysis is valid until the swap zone is engulfed and the retrace is started, otherwise the analysis will be invalid.