Looking at the ETHUSD 15-minute chart, I'm contemplating a SHORT position, guided by Elliott Wave analysis. The chart shows a completed five-wave impulse to the upside, marked (1) to (5), which suggests the beginning of a corrective phase typically consisting of a three-wave structure: (a), (b), and (c). The initial corrective wave (a) is evident, and a bounce...
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...
🔴 Resistance - 3187 🔴 🚀 Target - 3235- 3262 🚀 🟢 Support - 3175 🟢 🚀 Target - 3146 - 3099 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 15 - 60 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
ETH fails to hold above 200EMA dropping us back below 3210 with lows at 3125. Price is now positioned below short-term EMAs signaling another possible convergence scenerio. Further correction is likely if we can't recover above 3210; look to keep at 3k if this happens. www.tradingview.com
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...
We are looking at the monthly view ETHUSD. Our bias is now Bullish from that fair value gap it's coming from targeting those reletive equal highs so buying it now would be a good idea
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...
#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🔻
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...
A short-term upward movement is incoming. Will update again if I would hold or take profits. Do your own due diligence.
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...
VWAP, 200 sma, and lower trendline all lining up at around $2700...that might be a local bottom for the crypto market.
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,...
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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...
Recovery just short of the D1 goal (3371) as rejection sends us back to 200EMA. Another chance at EMA divergence is closing in which could begin off another push to D1/3405. There's a strong potential for this to occur if we can hold support at current zone. www.tradingview.com
Upgrade arrow on weighted moving average 100 of Ethereum similar to some alt tokens. Upgrade or ... Using some default tools from the user manual instead of heavily modified community indicators and the simple indicator gives good notice on critical points of the graph. Slight tweaks were made to get the indicator to my desired look and settings.
Ethereum chart in comparison to the previously posted image of BTC. blue dots were edited here to represent a 30 day vwma compared to the 20 day in the BTC image posted before this one. This chart of Ethereum is dramatically different than BTC not necessarily the case with a lot of indicators.