Trading volumes show interest in price increases.
Ethereum trades above liquidity.
On the 4H Timeframe on the RSI you can see that the bulls are taking over the initiative.
I expect ETH to rise if it can hold above resistance.
Ethereum - Expiry tomorrow 8am UK - We look to Buy a break of 1401 (stop at 1347)
A higher correction is expected.
Bespoke resistance is located at 1400.
A break of bespoke resistance at 1400, and the move higher is already underway.
We are trading at oversold extremes.
1397 has been pivotal.
Our profit targets will be 1529 and 1559
Resistance: 1350 /...
Much like Solana, I am hoping between today and the weekend we get clarity on Crypto. ETH is close to moving into it's iii of 3 which should get down to the $1,000 level at least.
Once we get below $1225 for me the shorting becomes much more risky. I don't want to be the guy picking up dollar bills in front of a locomotive. I'm more interested in the trend to...
It's been a difficult couple of days with high volatility. However, the market is producing enough energy and momentum for ETH to make its way up to at least $1470 level. The market broke through very strong resistance to be where we are right now. I believe another short-term bounce will be made, and the perfect long entry will be around $1450.
ETH 12H has overcome the KC middle and is now in the upper KC channel.
ETH 12H remains in a TTM Squeeze with price action very choppy on sub-12H timeframes indicating large pressure continues to build-up. Imagine a spring being compressed at both ends. Currently, at the time of publishing this idea, the TTM Squeeze histogram is showing upward momentum...
Huge accumulation pattern on eth still looks great.
Imo we need to create strong higher low/double bottom pattern to keep it alive.
So in short term I would like to see second test of the lower band of the channel around 1.000 usd and that must hold.
Ethereum has formed a bull wedge at $1341 and appears to be breaking out. We are wicking just above this level, but the Kovach momentum indicators have actually turned south suggesting this may be short lived. If we can keep the momentum going, then $1424 is the next target. It appears we are already running into resistance. If things turn south, expect...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
On the H4 chart, price is in a strong bearish trend. Look for a retracement sell entry at 1438.59, where the Fibonacci 38.2% and 100% lines intersect. The stop loss will be set at the 50% Fibonacci retracement line, which is 1506.43. The take profit level will be 1192.54, which corresponds to the 161.8% Fibonacci extension line.
Any opinions, news, research,...
Ethereum, after breaking the straight support that held the bullish price, broke through. He started to enter the bears. We can see on the chart that we are in a bearish mini-channel. In the graph we see mini-flags that give continuity to falls. It will probably break through this bearish channel when the United States starts to give indications that the country's...
Five impulses on Log Chart ($0.5 - $4800)
WXY Flat Correction after five impulse
W wave: $4800-$880
X wave as Zig-Zag Forecast,
i) 61.8% of W wave - $2500
ii) 100% of W wave up to - 4800
iii) if inverted flate then we may see above all-time high $4800
Forecast Y wave :
Truncated Y wave: $1000-$1400
Extended Y wave: $100-$500
Nice push above 1350 with price able to hold above long-term trendline (purple) versus triangular support (red).
Triangular resistance has been adjusted based on new PA which will also allow for additional consolidation.
A bullish breakout could send us to 1450-1500 or roughly H4 200EMA.
If I take a trade that my main main, Peter MACD, does not agree with, then he thinks it's a gamble idea.
But I tell him that every trade has SOME sort of gamble in it.
Otherwise, the probability of winning would be 100%
No risk, no gamble.
That sh*t doesn't work in trading. When you trade, you take a risk. It means you take a gamble.
Here I am inspired by the...
A huge inverted cup and handle pattern formed by #ETH . As known , cup and handles are bullish and inverses are bearish. Probable targets given on the chart for mid term.
Invalidation: If ETH had several weekly closings above 2000 usd.
NOT FINANCIAL ADVICE. DYor.
Pivot Point: 1360
Currently: Resisted at 1300 and retraced back to 1236
Reaction: Consolidating at this 1395 level , its next support zone is at 1440
I just started sharing my daily technical analysis of Metals & Forex Market with my indicators on tradingview~ Wish to receive some feedbacks from you! 😊
Btw you can feel free to use our designed indicators!!!...