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...
Price is rising towards the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 3113.58
Why we like it:
There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement.
Stop loss: 3241.30
Why we like it:
There is a pullback resistance...
Could expect Ethereum to fall significantly
Apr 8 we took out buyside and with an energetic move lower we have out dealing range starting at $3726.8 to $2850.
We have retraced at least 50% into the 1D SIBI FVG which its currently respecting.
Idea invalid if eth goes above 3480.
Targeting 2024 lows , below $2200
The historical pattern known as the seasonal divergence "Sell in May, and Go away" was popularized by the Stock Trader's Almanac, which stated that investing in stocks represented by the Dow Jones Industrial Average November through April and switching to fixed income for the remaining six months "would have delivered reliable returns with reduced risk since...
Eth in distribution mode after weekly publlback,
We expected to go higher to complete his allgo and fill fvg and than colapse.
But however we are in a monthly and weekly
in a bullish trend.and all pullback is temporary🤝
HELLO FRIENDS
as I can see ETHUSD now created a double top and tested a resistance
but the Bull Run is just beginning we will soon hit all time high after a little retracement till broken descending channel Friends it's just a trade idea shares your thought with us ...
Stay tuned for more updates.
Like its big brother the Bitcoin, the ETH is correcting violently (-10% this Tuesday and -30% since the Bitcoin ATH).
However, we've reached a very interesting zone!
We're approaching the OTE zone, where EQLs to be liquidated are first present.
We then have a daily Order Block at $2400.
I'm therefore short ETH up to this OB, then I'll wait to see how the price...
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...
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May approvals of spot ETH ETFs in the US seem out of question. The meetings held between the asset managers that have filed spot Ether ETF applications and the Securities and Exchange Commission (SEC) have been one-sided and discouraging, CryptoSlate reports. This is in stark opposition to the meetings held ahead of the SEC’s approval of spot Bitcoin ETFs in...
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,...
There is a triple bottom which could be observed, a bullish divergence and a trend reversal could be observed with higher highs and higher lows due to which going Long on ETHUSDT,
The recent delay in approving a spot Ethereum ETF by the SEC has dampened some of the bullish sentiment surrounding ETH. This news contributed to the correction from higher levels, alongside a broader crypto market pullback.
Falling Channel/Wedge and the $4400 Target:
The current chart pattern for ETH/USD does resemble a falling channel or wedge. This pattern...
As are currently seeing price of ethereum dropping as bitcoin sucks liquidity from all altcoin and driving the bitcoin dominance higher as a result we have seen in previous cycle that once we see a breakdown of the ETH/BTC pair most altcoin will bleed heavily. so I expect on a probability view that price will retrace lower during the next few month before the...
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 🚫
Guys, as you see on the chart, ethereum has broke in daily canddle under the support and it has close under it. Know it has become resistance. I dont want to alarm anyone, but this is very serious. Dont get bulish until we get up of it again. Even, if we going down, there you have the next big support. Will bring bitcoin chart(waiting confirmation).
