To go down and expected to hit 1104
by HasriTrader
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While some tokens are down 90% from their 2021 peak levels, ETH/USD is currently trading 77 percent below its $4,951 record high. These sell-offs have been fueled by worries about the Federal Reserve's hawkish approach to controlling inflation, which has hurt some sectors of traditional stock markets...
-Triple Top and Triple Bottom
-Keeps rejecting 1250 area zones
-Has been copying the same trade for weeks now
-If you look at my previous post, it mimicking the same pattern
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Ethereum it's in this consolidation in Daily timeframe and maybe, I fixed 2 perspective: bullish and bearish (both scenario) to take a perspective to watch in this timeframe.
So, the technical analysis it's interesting and more modern and classic. So, there're a good point to take best decision if you make Day trading.
I hope that this crypto-analysis support...
Might target the double top and resume course. Ill wait for price to break the double top and then see if price resumes down. Price is rejecting the daily FVG.
Following RSI Overbought indicator, ETH will likely go down 10-13% in the next 2-12 hours.
If you can, short ETH USD for a quick profit.
Not financial advice ;]
Hello everyone. In this analysis, I'd like to review several essential charts regarding Ethereum and discuss its potential future price action.
The first chart is the one above, showing how ETHUSD formed a triple top that has now been broken. We don't know whether this is a proper SFP and will lead to lower prices; however, we need to be aware that it could. The...
Another massive push for $ETH as we make our way back above highlighted pattern resistance and towards the upper (extreme) value.
It's possible we see some rejection at this zone due to past PA, however another breakout could send us towards the upper long-term trendline.
Although a full out rejection is less likely keep an eye on pattern -> 1150 -> lower...
✅ETHEREUM has been growing recently
And the pair seems locally overbought
So as the pair is approaching a horizontal resistance
Price decline is to be expected
SHORT🔥
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Hello,Traders!
ETHEREUM is about to retest
A strong horizontal resistance
And a bearish reaction
Is to be expected from the level
Sell!
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See other ideas below too!
Ethereum is at the control point.
Trading volumes are down.
Price and RSI have formed a bearish divergence (1H TF)
TD Sequential has formed a down reversal signal (30m TF)
I expect a change in the direction of the movement after fixing under the support level.
Ethereum - Intraday - We look to Sell at 1259 (stop at 1311)
Daily signals are bearish.
A lower correction is expected.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
1281 has been pivotal.
1275 has been pivotal.
The trend of lower highs is located at 1269.
Our profit targets will be 1135 and 1105...
Yesterday, the price of Ethereum rose sharply from $1000 to $1100. Today we have consolidation above $1200, and we can see gradual progress. Today's maximum is at the $1235 level. We are entering the critical zone because we already tried to climb above at the beginning of the month. The July high was at $1275 on July 8. If this positive consolidation continues,...
