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...
Crypto Analysis (21st April 2024)
ETHUSD Analysis
On the 4 hour Timeframe, Price action is currently retracing into a FVG which created a Change of character before attempting to break a lower low and failing.
If price action respects the FVG or the OB on the 4 hour timeframe and create a change of character at the 3021.30 Level price action is more...
Ethereum, the world's second-largest cryptocurrency by market capitalization, is exhibiting signs of a potential breakout after a period of consolidation. Recent technical indicators, including a Simple Moving Average (SMA) crossover and price action hovering near a resistance level, suggest a bullish outlook for Ether (ETH).
Breaking Down the Bullish...
At the Time of Writing this, BINANCE:ETHUSDT Sits at 3327. Upward trend yesterday propelled by little volume and consistent with bearish sideways action. Chart showing short term Bearish trend. ETH still remains above major trendlines, 50% Fibs, and bull flag remains valid. However if one is looking to get in again. Seek tonight or this weekend for lower price....
Ethereum (ETH/USD) is rising towards the pivot which has been identified as a pullback resistance. Could this crypto-currency potentially stall around this level before reversing to drop towards the 1st support?
Pivot: 3,256.52
1st Support: 2,945.02
1st Resistance: 3,436.46
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and...
CRYPTOCAP:ETH is about to breakout on 4hr tf, We will wait for the confirmation of breakout before taking any new entry.
Support & Resistance levels are mentioned in the chart.
#nfa #dyor #aqeelonline
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...
Certainly! Here's a comprehensive analysis for ETHUSD (Ethereum/US Dollar) based on the latest available data:
Technical Analysis:
Moving Averages : The current sentiment based on moving averages is mixed. Some short-term moving averages suggest a **buy** signal, while longer-term ones indicate a sell.
Oscillators : Indicators like RSI and MACD are showing...
Hello Everyone,
The current trend suggests that ETH/USD remains a solid long-term buy, with indications pointing towards further upside potential.
TradeWithTheTrend3344
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
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.
I'm finding myself gravitating more towards this crypto over Bitcoin, and that's mainly due to Ethereum's price. I'll explain my chart along with what I'm anticipating.
What am I anticipating?
Price is currently breaking a key lower-high on the weekly, which happens to also be the same area as the monthly (key) lower-high. Once that bull candle closes pass those...
buy dip not top
The correction has been completed and the first ascending leg has been completed and we are ready for the next wave which will have good strength. You should hurry here, not later.
