Hi.
BINANCE:ETHUSDT
Today, I want to analyze ETH for you in a 1D time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the...
Ethereum (ETH/USD) Fundamentals and Technicals Look Promising
The outlook for Ethereum, both technically and fundamentally, is starting to look rosy and this should feed through into its price over the coming quarter. Between late November 2021 and late January this year, Ethereum fell by around 50% to a low of just $2,200 as the whole crypto market mood turned...
After breaking below the horizontal support level in the 3.2k zone two Saturdays ago, BITSTAMP:ETHUSD remained below this crucial level throughout last week.
However, after initially reversing upon touching 2850, Ethereum tested that level again and reversed once more on Friday, forming a prominent daily Pin Bar on our chart.
As of now, the price has returned...
According to the historical relationship between ETH & NVDA
The caveat obviously this relationship was far stronger when ETH was validated using GPU's
... but we still have to take note of this relationship in my opinion!
We know a vast majority of the altcoins are still in fact ERC20's ... including all the various L2's like
Arbitrum, Base, Pulsechain and the...
📈🌟 Ethereum's Promising Horizon - What's Next for ETH? 🚀💡
Hi everyone, time to look at Ethereum, and I must say, Ethereum at this stage looks more promising to me than Bitcoin. For the coming weeks, my focus will be on Ethereum for quite a few reasons. Let's dive into the chart: we've witnessed a dip, and the 2850 level has now established itself as very healthy...
Ethereum (ETHUSD) traded exactly the way we wanted it last time we looked at it (January 09, see chart below)
At the moment, the price is trading below the 1D MA50 (blue trend-line), having recovered the 1D MA100 (green trend-line) on what was a bottom on the 6-month Bullish Megaphone. This Higher Low was almost priced on the 0.382 Fibonacci level.
That is...
Franklin Templeton’s Ethereum Spot ETF ticker has appeared on the Depository Trust and Clearing Corporation (DTCC) list, indicating a possible signal that the United States Securities and Exchange Commission (SEC) could approve Ethereum ETFs. Related Reading: David Vs. Goliath? Crypto Firm Consensys Sues SEC Over Ethereum Regulation Franklin Templeton’s Spot...
In the big picture, extremely BULLISH!!!!!!
!In a small picture!:
MACD crossing down is very likely.
Because macd has failed crossing, which makes the next crossing more realistic.
Crossing down means BUY when the price is in red and there is no sign of green. Support points or resistances are required
Under 3000k soon. The landing level is not known today, only...
Here is our detailed technical review for ETHUSD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 3267.9.
Taking into consideration the structure & trend analysis, I believe that the market will reach 3119.3 level soon.
P.S
Overbought describes a period of...
The current buying zone for Ethereum against the US Dollar is at $3215.40. This suggests that it's a favorable opportunity for investors to consider acquiring Ethereum at this price point. Setting take-profit levels at $3281.20, $3330.70, and $3401.00 indicates potential price targets where investors can consider selling their Ethereum holdings to lock in profits....
Eth Usd is making double bottom at 4h time frame if eth breaks the neckline at the price of 3278 we can see the price at 3689. we can put the buy-stop order above the 3278.
Price has just rejected off a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could potentially fall to our take profit.
Entry: 3249.60
Why we like it:
There is an overlap resistance level which aligns with the 50% Fibonacci retracement.
Stop loss: 3430.18
Why we like it:
There is an overlap resistance level...
Hello,Traders!
ETHEREUM is retesting a
Horizontal resistance level
Of 3275$ so I will be
Expecting a local pullback
And a move down
Sell!
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Esteemed analysts and traders,
I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
Considering the recent drops of Ethereum and Bitcoin and the arrival of new purchases, it is possible to consider the possibility of Ethereum increasing to the price range of 3300.00 for a period of 5 to 7 days.This analysis was done according to the long-term and 40-day Ethereum analysis that I posted earlier
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP.
Levels are valid throughout the day,...
Hello Everyone,
There hasn't been significant change in the status of the ETH/USD pair since last week. Long-term, it remains a strong buy. What we require now is a consistent, stable position above the weekly pivot point (PP), and ideally, surpassing the daily PP as well. It's worth noting the significant monthly support at around 3075.471, so it's crucial for...
ETHUSDT has a very strong supply zone with three touches as indicated , price has filled imbalance with a breakout of structure with liquidity Sweep, so we are to zoom into the 15minTF for choch on entry. No confirmation , no entry 🚫
