Ethereum / Bitcoin
The RSI is near neutral values. The price successfully confirms the support level. I think that ETH is ready to continue its growth.
We can expect a continuation of the bullish trend until at least next week, and here is my technical reasoning for why. 1. We saw a bit of bullish strength at (1), where the price broke above the top trend line. We witnessed a battle between sellers and buyers with sufficiently high volume, and the profit-taking drove prices lower. 2. However, at (2), we saw high...
ETHUSD has been moving into a strengthening phase since late December. The price has been strengthening by more than 40% since the breakthrough of strong resistance, which is a very significant movement in recent months, which so many were waiting for, looking for the bottom in the cryptocurrency. At the moment, the coin is in the boundaries of a fairly strong...
Just like the bear flag and wedge on btc, Eth also has a weekly bearflag pattern inside a monthly wedge. Eth’s flag is more of a bear pennant however since its flag is a symmetrical triangle..where as the flag on btc is a descending channel. Definitely gonna have to overcome the weekly 50 MA and maintain it as support to sustain a bullish breakout here. *not...
Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-There was a slight shift in sentiment in ethereum (ETH), with prices moving below $1,600 during today’s session. Following a high of $1,619.45 on Thursday, ETH/USD dropped to an intraday low of $1,565.25 earlier in the day. Today’s move came as the world’s second-largest...
Think we might be in for a correction here...forks should show us the path.
I believe the crash in June 2022 was premature, much like the new ATH in Nov 2021. I think Eth has it's targets set for that $2500 area to complete the gigantic pennant and then to pick a direction up/down from there. Good luck!
wowwwwwww is looking awseome ethereum chart long term ...
Nice close off yesterday's D1 to prevent another corrective scenario. Look to form a hammer reversal today with hold at roughly the inner pattern (orange). The bullish zone has been extended and split into three sections with green as goal consolidation. 1500 will still act as a long-term critical marker and should eventually align with 200EMA if all goes well.
ETHUSD MACD structure Still in the negative zone however the recent spread of lines allows the further bull assumption as the bulls speed up MACD is one of my favourite indicators for long term analysis (Weeks, Months) It is very simple and shows you what you need. This is an addition to my last Unique MACD post which was for MATICUSD which i will link below...
If we break the green line on the right, shoulder down to support ... minimum 1420 (imo), then bounce up? If bearishhhhh maybe double bottom
I decide ro short ethereum right now in thsi price as price action speak us to short now. I entry now in the msrket price in $1,581 USD and SL in $1,614 and taje prodit ro $1,480 Usd GOod luxk
IN this update we review the recent price action in ETHUSD and identify the next high probability trading opportunity and price objectives to target
Bullflag idea 2.86rr if we target the 1.618 6% short term trade Eth btc due a bounce also
Not looking good right now just something to keep an eye on
Ethereum is making sharp recovery since the beginning of the year, which we see it forming a five-wave bullish impulse. The main reason for a five-wave rally is impresive recovery through the channel falling trendline, and also a push out of a base channel connected from the lows. Normally when an upper line of a bullish channel is broken, then we know that the...
Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum (ETH) also rebounded in today’s session, with prices moving back above the $1,600 level. ETH/USD, which slipped to a bottom of $1,535.00 on Wednesday, raced to a peak of $1,632.24 later in the day, following Tesla’s earnings call. As a result of the move, the world’s...