The price bounced from 368.50$ support. If the price can stay above SMA200, we will be able to search for buying opportunities based on the price reversals. Now, we can use one of such opportunities and open a long position with stop orders below SMA200 and the profit target at 400.00$ resistance. As a variant, we can wait for a breakout above the local downtrend...
From the 2-day time-frame we see price consolidating above a key horizontal level with MACD turning positive. As each candle completes we move closer to the Ichimoku Cloud support which itself can help push price above the horizontal (orange line)
ETHUSD's next resistance level is up at $450. A 20% move.
We continue to watch for new BUY signals from high...
Ethereum is almost ready for its next corrective wave. We expect prices to reach the area between $400 - $450 before another sharp decline occurs. We defined a potential turnaround zone in which we consider a short entry. Under no circumstances should the bulls break above the $450. Otherwise, Ethereum would most likely rise above $500. After completing wave 2 in...
Price action is within a range after an impulse down. This consolidation is likely a flat (needs to complete a local 5-wave structure, requiring a local higher high), and an alternative option of a complex correction - a wxy structure (already completed) with an immediate move down, similar to the prior impulse (blue arrow).
Ethereum accumulating above the strong support area which it broke to make the higher high. The asset accumulates in a bull flag and is getting ready to jump. We may see a new ATH after some months.
1- Stochastic weekly is oversold again;
2- Strong support is holding.
3- Coin accumulates in a bull flag
4- Alligator is open
Ethereum está martelando na resistência destacada pelo triângulo ascendente e a zona de US$380.
Um rompimento não pode ser descartad doevido à formação do padrão triangular.
O token de smart contract parece ter atingido uma pausa em US$380, após uma recuperação constante, mas gradual, dos US$360. Ganhos acima de US$380 são necessários para que os...
Hi every one
chart is speaking it self .
As you can see, this is an ascending triangle , this pattern can be a good thing and increase the price.
Remember that Trend is our friend and we have to hold his hand and go with it.
Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad.
Things can change...
The markets are...
Hi Traders Investors And Community, Welcome to this analysis where we are looking at Ethereum's daily timeframe perspective, Ethereum has as suggested confirmed the preliminary resistance-cluster bearish to the downside and generated the expected proper short-entry. Now as Ethereum continued it tested the important 10-EMA which is extremely essential in this whole...
Market in last 24hrs
ETHUSD saw a sideways movement with price increases and declining from the upper band
Price volatility was high. The market moved ~3.14% between $384.69 and $372.95
Today’s Trend analysis
ETHUSD expected to see an uptrend as price is rising inside the parallel channel, with the price getting lower channel support to increase...