Ethereum has returned to the wide range candle zone.
Price successfully tested 50EMA as support (4H TF)
RSI chart is trading in bullish zone (4H, 1H and 30m TFs)
50EMA and 200EMA have formed a "golden cross" on the 1H Timeframe.
I expect ETH to start bouncing after the price fixes in the range.
On the H4 chart, the overall bias for ETHUSD is bearish . To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Looking for a retracement sell entry at 1291.84, where the 38.2% Fibonacci line is located. Stop loss will be set at 1400.48, slightly above where the 61.8% Fibonacci line is. Take profit will be at 1071.11, where...
$ETH unable to break pattern as price is rejected back below long-term trendline.
Current assumption is continuation of this descending pattern fill out with an eventual bearish breakout.
The intersection of 1150 critical and lower short-term extreme may be the final support zone for recovery.
The highest precision price is in this picture. If others are fearful, be greedy, if others are greedy, be fearful. Ethereum ETH Fibonacci weekly line, including Ethereum's short-term, medium-term, long-term, top and bottom prices, and support prices And resistance price, breakthrough price and falling price, rebound price and stepping back price, bull market...
Hello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-Ethereum (ETH) was once again below $1,200, as the...
Weekend price manipulation up.
No trade yet as of time of publish. Could still move a bit higher.
Watch out for a clear break of the rectangle for a continuation down. If front running before the breakdown, place SL higher.
After ETH fell below the reversal cup handle pattern, the price reached the support of 1080.00 again, which is also a target of the reversal cup handle pattern.
ETH has tested the resistance price of 1220.00 many times in the previous consolidation range and has not broken through.
Now it has come to this price again. If it breaks through and closes above...
ETHUSD daily guidance is cautiously bullish. Recommended ratio: 65% ETH, 35% Cash.
* CRITICAL RESISTANCE WATCH . China's refusal to adapt to the reality that the virus they helped introduce to the world likely cannot and will not ever be eradicated weighed on markets yet again in a short trading day for US Equity and Bond markets. TBH I hope there is more...
-Looking at the Weekly chart we can obviously see it is in a major down trending channel and we will see more downside if we are to break the yellow trend line.
- The blue lines draw represent the overall macro bear market Ethereum has been trading in since Nov 21'.
- This is scary to see because this macro bear market could last for years.
#VitalikButerin Transferred out 40,000 #Ethereum ~= $48M
Last Time he Did it ( 192 Days Ago = May 16th, 2022 ) before Market #ETHUSDT dropped from $2100 to $888 ( -59% down )
Will it repeat the same and #ETH hit $500 ..?
#VitalikButerin giving to Buy at Cheap price to Whale?
ETHUSD: Bullish Engulfing Pattern Above $1075
Ethereum was unable to sustain its bullish momentum and after touching a high of 1230 on 20th Nov, the prices started to decline against the US dollar touching a low of 1078 on 22nd Nov.
After this decline we can see some upwards correction in the levels of Ethereum towards the $1200 handle.
We can see a three...
Ethereum — the world’s second-most famous blockchain network — is a platform for creating decentralized applications based on blockchain and smart contract technology (a command that automatically enforces the terms of the agreement based on a given algorithm). It's the chain that birthed DeFi (decentralized finance) and started the NFT craze which saw billions of dollars pour into cryptocurrency. Safe to say, it's one of the big dogs.