Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. ETH QUICK UPDATE As we can see price is still overall bullish trading inside this rising broadening wedge patten, and price is still in an impulsive wave. 📚 👉Moreover, for the bears to kick in and start a correction...
BINANCE:ETHUSDT printed a new higher low over the past 24 hours. This was after it retested the lower boundary of a medium-term price channel that has formed on its charts in the last couple of days. The previous time ETH rebounded from this level was on Jan. 9, and was followed by a strong bullish move. However, the latest retest of the price channel’s lower...
Analysis of ethereum time frame 4 hours The current price of ethereum is $2560. Considering that the price is supported in the middle line of the ascending channel, the upward trend is expected to continue and we will reach the target of $2605 and $2718. Pay attention to the lower support box and the bottom line of the channel because If we break down from these...
Big symmetrical triangle formed on ETH, grabbing the height of the widest part brings us up to 3k ETH- perhaps within the next few days / week. News of ETH etf could bring in a similar hype up that BTC had, people may be wary about the price not going to explode now as they've seen with Bitcoin. The hopium fields are ripe for the picking in this Tendy Dry season...
ETH had a nice breakout through its range. The breakout resulted in the first Elliot impulse wave. Second wave would be confirmed if HL's are held.
T=3344 In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. There are three potential triangle variations that can develop as price action carves out a...
ETH bounced off the bullish trendline and broke through the local resistance level. Bullish movement is expected to continue and reach $2705
1h time frame - ETH is creating a potential continuation structure. Also, got support at 0.618 Fibs, which projects target at 3100 in future. Considering the consolidation trend, better to enter while retest critical support in lower time frame. - TP: 3100 SL: 2395
Here is an update to my previous post which has so far called the short term top. ETH continues to get rejected around $2,570-2,580. This shows the 0.236 has currently flipped into new resistance. A potential $2,300 target is still in play.
Looks like another break today. Hold on this one could get bumpy if it goes too far.
🧠From a weekly perspective, the goal of our double-bottom long structure has not been fully realized. Combined with the expectation of supplementary growth + the existence of the Cancun upgrade expectation, the upper goal is still worth looking forward to, we just need to remain patient.☕️✔️ ➡️Let us look forward to it together🙏🚀🌕 🤜If you like my analysis,...
Hello traders, I want share with you my opinion about Ethereum. By observing the chart, we can see that the price a few time ago started to trades in an upward channel, where it at once rebounded from the support line and rose higher than the 2030 support level, which coincided with the buyer zone, breaking this level. After this, ETH in a short time declined to...
After a rally and the price gets stuck in a channel, it is expected that the price can grow as much as the previous rally after exiting the channel. R/R=3.5 and safe for long
"Ethereum is probably the most mature ecosystem, the deepest ecosystem. As a platform for decentralized applications, there's just so much infrastructure and activity around the world. Bitcoin is a narrower technology ecosystem, but it is a fairly mature technology, so they are both important candidates," Lubin said.
Taking a peek at the ETH coin on a weekly basis, we see a nice dominance of it where, while BTC is tanking, ETH is pushing!! With more and more rumours about Ethereum ETF, prices seem to follow up the movement of BTC (before the ETF) If we see this kind of move, we might see ETH near $3500 from where we are seeing a very high probability of downward movement or...
Eth is breaking out of a falling wedge and beginning to put in a few new motive waves. In my opinion the first target is the $2,620 region, Next $2,793 and the final region will be a brief over shot of the 1.618 in the $2,900 region.
Price is ranging slowly but steadily in a descending channel after it got rejected off the 12h supply at $2,640. MACD is showing bearish weakness, RSI is neutral and EMAs are neutral. Price is expected to retest the 6h breaker zone around $2,400 before potentially expecting some bullish movements.
BTC ETF NEWS REACTION WILL PROBABLY LEAD TO A LITTLE BIT MORE CORRECTION ON ETH. Based on the ETH/BTC Pair we an expect bullishenss once the btc dip is over.