The market is lateralizing in a microestructure and below it there is an order block from a failed previous CHoCH. Its worth going in without waiting for a new CHoCH in this zone. RISK ENTRY.
Scenario 1: Continued Downtrend: if the MACD crossover is confirmed (blue line below orange line) and the RSI dips further below 40, it could indicate a continuation of the downtrend. Potential support levels to watch: $2400 (previous low) and $2000 (psychological level).
ETH formed a bullish Head and Shoulders + Support, I am anticipating the price to reach the shown targets. Please note that this is merely a trading idea and not a signal. It could either succeed or fail, so I encourage you to conduct your own research and analysis before making any trading decisions.
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...
ETH is Pointing Down For a Bigger Correction - Update ETH broke out of a strong bearish pattern thus indicating a bigger bearish wave. ETH moved back again and now is testing a strong resistance zone as I explained on the previous analysis. If ETH breaks down of 3070 the chances are that it can continue moving down more as shown in the chart. 3280 already...
The ETH/USDT (Ethereum) pair on the M30 timeframe presents a potential shorting opportunity due to the presence of a bearish pennant patten. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the pennant after confirmation. Ideally, this would be around 3020 or lower if the price continues to...
Nice to meet you, friends. It's called E.s.s, which hits the exact target like an eagle In the long-term bearish, We found and substituted short-term uptrend line with important angles. If it breaks down the current short-term uptrend line, ETH will drop to the RSI oversold. The standard is to BREAK DOWN the short-term uptrend line.
Falling wedge formation on the #ETH daily chart. Currently, it has been rejected from the falling wedge resistance + MA100 + EMA50 Let's see how it will play with the falling wedge. In case of a breakout, the targets are: $3368.85 $3645.97 $4093.92 Support is: $2920.91
ETH - a very short time frame chart! So, those levels/zones above represent Targets, but step-by-step. I.e. to reach the next one we need to be adobe previous.
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 YOU CAN DECIDE NOW. 📚 👉As we can see price is still overall bullish from a long-term perspective, trading above our rising broadening wedge pattern, And till now price is respecting our 3k support zone. 👉Meanwhile, and...
Price of Ethereum is currently following my model. I am also more interested in being a buyer than a seller as can be seen from the analysis Therefore, my target for Ethereum is about $4k Let's see how this plays out
I expect to see a rise to 3023.24 in the near future. This is the start of a fresh daily fair value gap.
If we look previous data of ETH then we will come to know that it goes parabollic after reclaiming liquidity zone. Now current weekly time frame is also same. It has swept liquidity and now trying reclaim that level. Once it done we can see big pumping moves in ETH and also in alts but can take some time as its weekly time frame. Now its time for accumulation.
#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...
ETH has been performing well so far. With the current price at $3.1k, it is maintaining the support of the 100 EMA. We also have long-term support at $2.7k, which is likely to remain strong in case of any corrections shortly. For a rally, ETH must break above the resistance ($3.3k), which may lead the price to $4k once again. The monthly close is just one and a...
Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. Welcome to your ETH/USDT Quick Update! Ethereum is currently trading around $3k level. The price is holding good support here and expecting a bounce from here up to the $3300 level. Invalidation of this bullish scenario is if the price closes below the...
From the chart, ETHUSDT has formed a bearish pattern without diverging, which indicates that the bearish trend will continue.