Looking at the recent price action and the candle pattern we might see a correction from ETH here.
Candle looking VERY bearish so far and with previous levels of support now sitting unoccupied, it wouldn't be a shock to see us retest that level.
Don't fomo into any investments on the back of today/last few days PA.
The signal on daily chart is active from 200 USD, with over 80% profits.
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Ethereum faces heavy resistance and doesn't look like it can break this time.
Red horizontal lines representing barrier which is where the price is now.
Every Indicator showing overbought aswell. I expect prices to test support now $337, $291, $251 etc
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Traders, ethereum tested 23.6 fib level and showed rejection. If it breaks through that then 590 level will be opened.
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Looks like we are nearing the end of wave 5. Stoch RSI and RSI being overbought might stay that way for a week or 2. I am expecting short abrupt volatile movement on weekly chart. $400 could be the top but I still think $500 is possible. The crash will also come fast. MACD still looks nice for bullish...
ETHBTC has broken above the ascending broadening wedge very bullish
There may be a pullback once horizontal level is reached on the scallop on ETHUSD however the Gaussian channel looks quite bullish
Currently in a falling wedge ETHUSD 30 min
Other chart patterns listed..
Eth is similar to BTC but the targets seem more clear to me. Chances are that we will see the 330 -340 range and maybe we go to 290 but its definitely less likely since crypto tends to run away once it gets bullish
Possible symmetrical triangle .Low volume,RSI and MACD divergence will probably wake up bears.
SL: Above resistance line
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What a run for Eth In the past 2 weeks.
Eth bounced of the trend line drawn and pumped over 70 percent in the span of 2 weeks. We will definitely see some accumulation for Eth in the next few days. Re entery around 363
First TP 412
Second TP 469
Last LONG signal gived a nice 100% return without leverage, strategy backtest you can see over 80% success rate with a small drawdown.
this mean u can use 5x lev and exit in profits all the time.
trend is your friend, and of course NO REPAINT.
Ethereum (ETHUSD) has completed impulse cycle up and now correcting down in WXY, where Y is in progress. A of Y down is in progress, so stay short with stops above 397.50 for target around 360 for A wave down. Then wait for B of Y wave to correct upward and short again for C down when B will be finished.
hi to all traders
according to the double bottom pattern and the symmetric growth parameter.
i expect the pattern to be complete...
and I expect the price to touch newer than before and
continue to grow at the rate of the second triangle and then correct the price
if you're agree hit the like bottom and follow my account.
the information provided is not trading...
Expecting Ethereum to go much higher this year but could see this happening short-term.
I would not short as this is trading against the trend but would look to add more if we dropped to the trend line.