Ethereum / Bitcoin
So Ether has dropped a lot from its record, around 60% last I saw. Classical TA suggests we may be nowhere close to where this bear market ends. So, the ominous head and shoulders top got activated with the recent drop. The measured objective suggests a drop below $1000. Should it happen? Of course not. Will it happen? We don't know. But after looking at a few...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for ETH. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hello traders. Just an update on my chart although my idea is still generally the same. The monthly chart tells me there are plenty of scalp trades available. For me, as a holder of Ethereum for almost a few years now, I have most of my money pulled and waiting to re enter the lower Eth drops. We are in a nice bearish trend with the opportunity to get in low...
You can see that gant cluster of volume. i also pointed this out to the left. This is a criitcal price area so it makes sense. A lot of activiity has gone on here for some reason. Maybe its where there were a lot of stop losses. Also, that looks like about where people started bailing.... hmmmm... Maybe thats what it is. Just an assumption here but maybe this...
Ethereum has found support and is forming a consolidation pattern in the low $2K handle. We are seeing potentially a bull wedge pattern forming with an upper bound around $2143. The Kovach ObV is picking up, so there is the potential for a breakout to take us back to the $2200's or so. If we are able to solidify this, the next major target is $2402. We are...
Hello all. Looking at etherium on the 4 hourly timeframe, we see that not only ETHUSD managed to stay inside the falling wedge pattern and above the 2k price, but also has formed an ascending triangle pattern on the 4 hourly chart. Ascending triangles are a bullish formation and forecast an upside breakout. However, hey can also break bearish out of the...
Everyones Talking about Crypto being cheap. And it is. But you will need to know how to deal with it and anticipate market moves! Watch to find out how.
Hello, Friends! After some time of sending us mixed signals ETH/USD is finally giving us a solid bullish bias And judging by the price action at the lower timeframes The pair is about to go up! BUY! ✅LIKE AND COMMENT MY IDEAS✅
Ethereum - Intraday - We look to Buy at 2031 (stop at 1966) Short term bias is mildly bullish. Trend line support is located at 2030. We look to buy dips. Our profit targets will be 2196 and 2236 Resistance: 2150 / 2200 / 2300 Support: 2050 / 2000 / 1950
Price continues to hold above 2k as we make another attempt at triangular resistance. Current closes remain under long-term trendline indicating that there's a good chance we could dip back down. Another vertical line was added to focus an area which may determine the closing (pattern) direction. Remember that maintaining 2k past the second vertical line is the...
The 1300$ level acts as a magnet 🧲 level and a cluster zone, and the price needs to aim it that it gets a huge momentum to begin a bullish wave again.
Ethereum chart analysis The price of ethereum continues to recover after falling to $ 1,697 last week. Since then, the price has been moving in sideway consolidation in the range of 1950-2150 dollars. We will soon be approaching the MA200 moving average and a possible break above to continue the bullish recovery. If the price manages to consolidate at $ 2,200,...
In this weekly chart, the recent bounce of ETH looks weak as it was not able to get above last week’s closing low. An equal bottom at 1753 seems likely. However, since ETH already made a new ATH at 4865 that was higher that the wave 3 top of 4373. I think it will go down lower than 1753 to make wave 4 an Expanded Flat. The most probable level would be 1425 which...
Identify trending markets and use the more or less predictable elements of trend structure to position yourself on the same side as the trend
Ethereum is possible to see the low 1700 as shown on the chart. Because, wave v needs to be completed for the Elliot wave impulse to complete. The current push to the upside/bullish run may be inform of correction.
After small scale rebound, the cryptocurrency is stuck above the level of previous low in July 2021 last year. As the Luna incident subsided, the entire market is slowly recovering, at least no longer scaring like before. By the Luna-event driven, the price of ETH has been affected as much as many other Defi tokens. This caused ETH, which performed well in the...
head and shoulders pattern located while also identifying CHOCH which is is typically followed by a break of structure like and comment what you think