The current buying zone for Ethereum against the US Dollar is at $3215.40. This suggests that it's a favorable opportunity for investors to consider acquiring Ethereum at this price point. Setting take-profit levels at $3281.20, $3330.70, and $3401.00 indicates potential price targets where investors can consider selling their Ethereum holdings to lock in profits....
This has a chance to be Bull Flag on Eth but if we hve a large candle break the 2950 support we are going to 2500 zone. If we go up and commit past 3400 we should have 5k as a target.
After breaking below the horizontal support level in the 3.2k zone two Saturdays ago, BITSTAMP:ETHUSD remained below this crucial level throughout last week. However, after initially reversing upon touching 2850, Ethereum tested that level again and reversed once more on Friday, forming a prominent daily Pin Bar on our chart. As of now, the price has returned...
📈🌟 Ethereum's Promising Horizon - What's Next for ETH? 🚀💡 Hi everyone, time to look at Ethereum, and I must say, Ethereum at this stage looks more promising to me than Bitcoin. For the coming weeks, my focus will be on Ethereum for quite a few reasons. Let's dive into the chart: we've witnessed a dip, and the 2850 level has now established itself as very healthy...
According to the historical relationship between ETH & NVDA The caveat obviously this relationship was far stronger when ETH was validated using GPU's ... but we still have to take note of this relationship in my opinion! We know a vast majority of the altcoins are still in fact ERC20's ... including all the various L2's like Arbitrum, Base, Pulsechain and the...
Ethereum (ETHUSD) traded exactly the way we wanted it last time we looked at it (January 09, see chart below) At the moment, the price is trading below the 1D MA50 (blue trend-line), having recovered the 1D MA100 (green trend-line) on what was a bottom on the 6-month Bullish Megaphone. This Higher Low was almost priced on the 0.382 Fibonacci level. That is...
Ethereum's (ETH) price continued a sideways movement on Thursday as the market still awaits a trigger. Ethereum isn't alone in this horizontal trend; several major index funds have also traded sideways, underscoring ETH's positive correlation with the traditional financial market. Despite the recent launch of spot Bitcoin (BTC) ETFs in the US, Ethereum's...
--- This pattern is a Grade C --- Decided to relook the strategy and redo the strategy validation by run a manual backtest from 15 March to 18 April where the regime changes from bullish to a bearish range on the D1 chart. I am aware that once the regime changes and need to revert back to the original Long strategy New Observation The pull backs still happen...
ethbtc looks bottomy btc looks like it might hold 60k and at least test highs mass liquidation event earlier this week. Largest altcoin apocalypse in a year. Open interest and funding are low also lel megaphone sort of
With Bitcoin halving passing and Ethereum hitting the possible support zone according to the analysis of the time frame I posted, Ethereum is expected to reach $3,200-$3,300 during the trading week.
In the big picture, extremely BULLISH!!!!!! !In a small picture!: MACD crossing down is very likely. Because macd has failed crossing, which makes the next crossing more realistic. Crossing down means BUY when the price is in red and there is no sign of green. Support points or resistances are required Under 3000k soon. The landing level is not known today, only...
Price has just rejected off a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could potentially fall to our take profit. Entry: 3249.60 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 3430.18 Why we like it: There is an overlap resistance level...
Ethereum is displaying signs of divergence, suggesting a potential breakout towards targets of 3124 and 3270 in the upcoming sessions. Traders should watch for confirmation of the divergence pattern and monitor price action closely.
Ethereum (ETH/USD) has made a bullish reaction off the pivot that has been identified as an overlap support. Could this crypto-currency potentially bounce higher towards the 1st resistance? Pivot: 2,847.25 1st Support: 2,685.96 1st Resistance: 3,111.04 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade...
Ethereum (ETH/USD) is faling towards the pivot which has been identified as an overlap support. Could this crypto-currency find support around this region before potentially bouncing higher towards the 1st resistance? Pivot: 2,847.25 1st Support: 2,685.96 1st Resistance: 3,111.04 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
Here is our detailed technical review for ETHUSD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 3267.9. Taking into consideration the structure & trend analysis, I believe that the market will reach 3119.3 level soon. P.S Overbought describes a period of...
Ethereum, the world's second-largest cryptocurrency by market capitalization, is exhibiting signs of a potential breakout after a period of consolidation. Recent technical indicators, including a Simple Moving Average (SMA) crossover and price action hovering near a resistance level, suggest a bullish outlook for Ether (ETH). Breaking Down the Bullish...
$4100.00 the next big target, Second leading Coin is gaining its respect and may it will reach. The second leading coin is in the way to reach 41k again and it will continue its little bit in the downtrend to reach near 27k, this can be the Good support to move the price of the coin again in the bullish direction to reach my target 41000.00 and I am also hoping...