Ethereum (ETH/USD) has made a bullish bounce off the pivot. Could this crypto-currency potentially rise towards the 1st resistance? Pivot: 3,106.80 1st Support: 2,945.02 1st Resistance: 3,279.74 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Completed Impulse and Correction " ABC " Fibonacci Level - 50.00%
#eth/usdt Ethereum made a false breakout above the 3300 resistance🧐 The overall market is bearish on the 4H timeframe📉 Potential downside targets are the support zones at 3050 and 2880👨💻 The price action created an equal low, indicating a likely retest or break of previous lows🤓 Expect is for CRYPTOCAP:ETH to break down from the current upward channel🔻
A trading plan is a set of rules that specifies a trader's entry, exit, and money management criteria for every purchase. With today's technology, test a trading idea before risking real money. Known as backtesting,this practice allows you to apply your trading idea using historical data and determine if it is viable.
In our latest review of Ethereum (ETH/USD), we'll dissect the technical elements to present a comprehensive analysis, using various indicators to predict potential price actions. The data is sourced from the daily and hourly charts on the Coinbase exchange as of April 25, 2024. Ichimoku Cloud Analysis: On the daily time frame, ETH has been oscillating around the...
VWAP, 200 sma, and lower trendline all lining up at around $2700...that might be a local bottom for the crypto market.
The main narrative in the crypto market will focus on ETH next. One aspect is the approval of the ETH ETF. It can be seen from the current schedule given by the SEC that the earliest deadline for ETH ETF is May 23, while for BlackRock, the deadline for ETH ETF will not be until the third quarter. Compared with BTC, ETH is more difficult to pass based on its POS...
We are very close to the change of the next month, it's time to once again weigh the prospects of the market. Due to the negative opening of the second half of the month, the market remains sluggish, but the target for the 3500 retest with an attempt to reach 4500 on the air remains relevant throughout the quarter due to its opening above 3500. New waves of growth...
If you find this information inspiring/helpful, please consider a boost and follow! Watching these paths if we continue down and break 3071 impulsively.
Weekly chart: On April 29, 2024, CRYPTO:ETHUSD s forming a bull flag pattern above the rising 30-week and 52-week MA. A breakout move out of this pattern suggests a further increase to 4670 (first target, the peak of 2021 uptrend) and 6370 (second target) Daily chart: CRYPTO:ETHUSD moved up above MA-20 which is a positive sign however it is still below...
Simply going to be trading this range for the next month or so. Looking for SFP's on either side of the range. For now will stick to these ranges until proven otherwise.
Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, recently experienced a rollercoaster ride, briefly surging above $3,300 before encountering a sharp decline. This price action has left many investors wondering: can the bulls regain control and propel ETH back towards its previous highs? A Short-Lived Rally Followed by a...
A short-term upward movement is incoming. Will update again if I would hold or take profits. Do your own due diligence.
Here we have a head and shoulders pattern on 4 hour chart. Bitcoin and altcoins are going to do the same. But as bitcoin dominance is coming down, ethereum is going ahead. Do they want to make a doble top? or are we making new high? Comment down bellow.
var EthereumChart intput.show(cycleReversalPrevious, days=620, color.rgb(black))
based on my brain i will take this trade, i don't like weekly RSI, looks like it could be destined for 50. But also, upwards isn't impossible.