Hello dear traders! Let's update the ETHUSDT strategy and discuss this idea!
Overall, the lower highs and lows reinforce the bearish outlook for ETHUSDT, which is currently trading around $3,249, recovering 0.93% today.
With the current general trend and the consolidation from the EMA 34.89 technical indicator, investors should still monitor trend-following...
Hello dear traders!
Currently, ETHUSDT remains constrained below the old support level at around 3272 USD, since the market witnessed a previous price slide. This resistance level plays an important role in controlling the price; If the price breaks above this level, we will likely see a significant rally, while prices remaining below this level could continue to...
ETHUSDT is currently trading around $3249, marking a recovery of 0.93% today. However, there's still a fair amount of risk involved as the downtrend channel and the descending trendline haven't been broken yet.
I'm sticking to a sell strategy for when it hits the $3542 resistance and approaches the trendline once again.
What about you? What are your thoughts on...
hello guys...
as you can see the orange area worked like a resistance area and the price couldn't break it yet!
on the other hand, the internal trendline is so close to the price!
also, you can see the price moving below the descending channel!
all of these are bearish reasons! why is the price compressed here?! due to the bottom line of the ascending channel...
ETHUSDT continued its downward trend on Friday, with only a short-term recovery evident. From the 1-day chart analysis, the price has broken below the support level at $3171 USD. A pattern of lower highs and lower lows continues to form, and as long as the price remains below the two EMA lines, the outlook for further declines persists.
💎 Paradisers, let’s explore the captivating movement of #ETHUSDT currently, it is raises probability of bullish continuation from the weekly low range at $2860.84. Although the price is trading above this range, this level remains crucial due to the presence of sound liquidity.
💎 Another intriguing scenario to consider is if #ETHEREUM fails to break the weekly...
Due to the slowing of the drop slope, and a bullish CH on the chart and the creation of liquidity pools at the top of the chart, as well as the presence of IFC movements, it is expected that if the green range is maintained, ETH will move towards the targets.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the...
Ethereum’s Technical Analysis: A Bearish Outlook
Ethereum has recently broken out from a strong support zone at 3180, and Ethereum’s price trajectory has taken a bearish turn.
We can observe a bearish wedge pattern on the 60-minute chart, which is often indicative of a continuation of the downward trend.
This pattern suggests that we may expect further...
📊 Analysis:
Daily Chart Support: Ethereum (ETH) is currently trading at a support level on the daily chart.
Entry Range: Consider entering the trade between $2,850 and $3,050.
Profit Targets: Aim for profits at $3,400 - $3,700 or $4,100 - $4,300 resistance levels.
Risk Management: Set a stop-loss just below $2,780 to manage potential losses.
📈 Trading...
🧠From a graphical structure point of view, we have formed a descending triangle. The current price has broken through the upper edge of the triangle, which means that we will continue to rise. If we successfully break through the inflection point, then we will have a high probability of sweeping the upper liquidity pool.🚀
➡️If you are not involved in long trades,...
📉Hi Traders, Investors and Speculators of Charts📈
ETH is currently following BTC along with the rest of the crypto market into a correction wave. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern.
Ideally, we'd want to see a successful bounce from the 50d moving averages here (green), but a wick...
🧠What we always look for in the buying zone is the opportunity to go long. From the perspective of graphic structure, we have the opportunity to build a smiling face bullish structure in the buying zone. If this structure is established, then we will most likely break through the turning point. This It means that a larger double bottom long structure is...
The recent surge in the cryptocurrency market has resulted in a record high for Crypto, leaving a liquidity gap in its wake. Current price behavior indicates a strong possibility of a significant correction in the near future. Therefore, we have identified two potential entry points for a short position on ETHUSDT. Please monitor the price closely and consider...
BINANCE:ETHUSDT broke through the range zone and made a new extension upwards. The market is trading above the swap zone. If price makes a fake break at support level and trendline, I think price may go up because price is gaining bullish momentum by updating swing highs and higher lows on the 1H timeframe. On the weekly timeframe, the market formed a long-tailed...
📥 At This Update I Wanna Describe My Ethereum Prediction At High Timeframe, So Let’s Start
👉 By The First Look, There Is a Clear Bull flag Formed At The Chart By The Perfect ABC Formation That The Price Bounced From The 2880$ Support As a Wave C PRZ
📈 Currently There Is a Important Resistance At 3240$ And The Price Playing Below It, But I Expect a Breakout In...
Ethereum (ETH) appears to be following the Wyckoff Accumulation pattern on the 4-hour timeframe. This pattern is characterized by several phases of price consolidation and distribution, followed by a decisive breakout.
The Wyckoff Phases:
Phase A (Accumulation): The price forms a trading range with multiple attempts to break out to the upside, but each...
