ETH made a strong drop off resistance and is now spiking the high. These are things we see in bullish breakouts but it's also something we can get in stop hunting before a big reversal. If it's stop hunting/breakout baiting it runs just far enough to stop people out/bring bulls in but not enough to pay them. As a general rule, extremely high RR trades are...
enter price -3683.9 stop loss -3320.9 take profit -4371.5 DETAILS: The price broke strong resistence line (area) with strong volume and big bullish candle, at the 4h timeframe the price broke the swing 10 high strongly , the TP is in strong resistence area the SL is below the breakout candle , the swing 10 low at the 4h timeframe and the strong area that the...
The price of Ether rose 1.2 percent to $3,854 over the past 24 hours ahead of the implementation of its Dencun upgrade next week. This upgrade will slash Ether’s transaction fees (also known as gas fees) which currently are at the highest level since May last year. Separately, the SEC is seeking comments on BlackRock and Fidelity’s spot ETH ETF applications,...
Based on the chart - we see that we are testing the global OB, where the new reversal formation came from Primary targets are highlighted with arrows on the chart. I do not consider any purchases - it is not expedient. There is also a lot of liquidity accumulated under the local OBs, we will not leave them!
Ethereum successfully violated a key horizontal resistance on a daily. The next goal will be the ATH. I believe that the price will reach 4700 soon. ❤️Please, support my work with like, thank you!❤️
For the brave, weekly same as daily, is very overbought, but noting we have seen higher RSIs in the past at earlier run up. However, we are near GANN resistance, and also way above Keltner and regression channel suggests we should see large correction. Strategy SELL @ 3,800-3,850 or better and take profit @ 3,057. SL depends to risk appetite.
Currently, Ethereum is trading at the price of 3400 to 3500. It seems that one of two scenarios, yellow or green, will happen. If the daily candle closes below 3550 , the yellow trend will become more likely.
Bullish month Ethereum? Trading at $3800 Stoch Rsi = Bullish Rsi = Neutral > Bullish Macd = Neutral > Bullish
It would be funny to see the BTC maxi's reaction if ETH breaks its ATH before BTC does. It is perfectly set up to do it with the deflationary token omics and the ETH ETF coming.
As I have mentioned a few timers, when RSIs are too extreme, dangers lies at the door step. ETHUSD corrected from 3,780s to a low of 3,205 in just a night. Imagine that, especially, the manipulative nature of a crypto. Now back to the drawing board. The stochastic is negative, and even though we correct 38.2% FIB retracement levels, we have not as yet settled near...
ETH is in a strong uptrend. Buying a breakout above the previous high for a trend continuation trade. Trail stops as new pivot lows form. Note: BTC is reaching all time highs so could dump badly affecting this trade, monitor this closely and be prepared to close the trade, or keep stops moving up when we are in profit.
A strong push sends ETH to 3810 (adjusted) but results in a highly-volatile correction of $600. H1 lows held around 3210 but closes remained near 200EMA to bring price back above 3500. If this was an outlier we should expect to keep within the range of 3500/3520 and 3615 (3/04). With today coming to an end focus on closing above 3500 to maintain a bullish...
eth under way to retest the high, maybe a retest before btc halving. (small correction 20%) befor the big bang is coming.
I've identified a potential Bearish Bat Harmonic Pattern on the ETH/USD chart, signaling a potential reversal in the current uptrend. This pattern is formed by four price swings within the Fibonacci ratios. If the pattern completes as expected, we might see a reversal in the price of ETH/USD around the $3800 level.
The market once again worked exactly according to the expected scenario with a breakdown of the key level of 3500. The bulls' goal has been achieved, there is a technical signal to maintain purchases, which will reduce the activity of sellers and the risk of a reversal of the quarterly candle. In the mid-term, the chances of maintaining a bullish trend for the...
Eth Daily chart shown here. Eth is bouncing off a long term support which is also lining up with the 200 simple moving average. It might go to back-test this support before the pump. RSI is ready to bounce off a rising trendline. Target for this long is 2,544 which from the expected test is around 50% shown on the infoline. NFA Do your own DD
Just as projected, this bag took over a month but ended in massive profit.. Target was discussed in the campus and holders are smiling. We have something else running in profit, guess what that is..?
Seems like ETH has been forming a massive ascending wedge since 2016. Will it come back to retest and hold the lower limit, I hope so. Will ETH go to 10k and remain inside the ascending wedge or will we break down confirming the massive wedge structure. We’ll let the fans decide! Best of luck Best of luck