Ethereum (ETH/USD) is faling towards the pivot which has been identified as an overlap support. Could this crypto-currency find support around this region before potentially bouncing higher towards the 1st resistance?
Pivot: 2,847.25
1st Support: 2,685.96
1st Resistance: 3,111.04
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your...
ETH recovers to 3k after another correction at low 2900s.
Daily close has been adjusted to mark a shorter-term bullish goal.
Failing to keep above 3k could result in a drop to the next critical at 2750.
www.tradingview.com
It is likely we will see a bit higher again coming sessions. we are basing (double bottom) and this suggest we could see $ 3,250 again or bit higher.
Strategy BUY @ $ 2,970 - 3,025 and take profit @ $ 3,275 and SL below $ 2,900.
Eight of the top 10 best performing ETFs last week were digital currency funds, largely led by Ethereum futures funds, eft.com writes in its daily note. The best performing fund was ProShares’ Ether Strategy ETF (EETH), which gained 12 percent. This ETF manages a total of roughly $63 million in assets.
EY, one of the four major accounting firms, has launched a...
The MACD indicator draws a potential convergence, which gives us the opportunity to think that we will go to another test of level 3.300
In my opinion, we see a correction to growth that lasted a long time
And we are still within the growing channel
To continue growth, it is optimal to return above 3.200
Which is quite likely as part of the continuation of...
ETH
Appears to be bottoming at the 1:0.618 Golden Window.
Notice that there are no candle bodies below the 0.786 overshoot ratio on higher time frames such as the day chart here.
Similar to other coins we are buying, we have the bullish pattern with bullish RSI on the 4 hour chart.
ETH can be a great buy in this area because we still await phase 2 on the Path...
To date, the trend of the new quarterly candle is swinging and the market is still quite sleepy. Coin rollbacks continue, which can reach 30-40%, as I wrote earlier. The quarter opened above 3600 on the air, which in the future gives a technical signal for an attempt to continue the medium-term trend up to the 4500 test. Due to the positive opening of the quarter,...
Hello everyone, here's my take on ETH over the next few days.
As we know, the Ethereum price is correlated to the Bitcoin price.
As I have a short-term bearish view on the latter (recovering liquidity at $60700 just before halving), I think ETH will retrace into my zone.
This is the OTE zone (between Fibonacci's 0.62 and 0.78) and a daily Order Block is...
#ETHUSD - H1
📣 Upon analyzing the 1-hour timeframe, we expect that with the break of the descending trend in the range of 3165, there will be potential for price growth towards the range of 3375.
⛔ Stop Loss: 2990
On the other hand, with the break of the range of 2990, one can be optimistic about a price decline towards the range of 2600.
⛔ Stop Loss: 3165
ETH is trying to break through FIB resistance at $3131.
If it gets rejected price is heading towards pointed Fib price target of $2831.
If it breaks through resistance price heading towards $3502
I'll be real here. Eth looks fried. It is breaking down against bitcoin as well. It appears to be putting in a lower high on usd pair and vs btc its toast. Its been on my mind and I really hope it doesnt. I do have some shitcoin positions still but not very much. Derisked weeks ago on the pumps and BTC dominance flexing
. Ethereum really needs to put in a long...
Late post but a possible double-bottom could be forming given the hold at 3k.
This could also just be a temporary push so we should look to flip the prior D1 marker (green).
imo I believe we're in for another correction but anything can happen in this market.
www.tradingview.com
ttwo options as proposed in my graph based on the movement of Ethereum. It appears Ethereum has chosen to go through the red door this time around. Or, if it was because of Bitcoin so be it. When people refer to the news and justify financial actions based on those news events I tend to see those associations as flaky at best. The price of crypto was stated based...
No new highs = seeking new lows.
RSI was overbought for far too long and will now have an equal and opposite reaction.
MACD averages trending down and long way to go.
Hey there, crypto warriors! Get ready to dive back into the ETH/USD battleground – it's time for another epic trading update that'll make your heart race faster than a DeFi token pump!
So, let's rewind to our last analysis. We talked harmonics patterns, support zones, and resistance levels – all the good stuff. But guess what? The plot thickens, my friends!
Fast...
