A successful close but unsuccessful follow up sends price back below short-term EMAs with 200EMA as current support. Lows were just shy of the prior daily close which is where we should look to hold until EOD. Although long-term bearish I'd consider us short-term bullish given our position to the outer ascending trendline (dotted green). www.tradingview.com
Ethereum bullish setup, buy market 1625.35 , SL 1621.18 Risk reward 1/3
Price closes well over the 1617 marker sending us to 1650 before correction sets in. Good signs so far as we hold above 50EMA which is the more critical short-term EMA indicator. H4 MACD convergence has also extended slightly which could be enough to limit a sellout phase. Another daily priceline (blue) has been added at 1634 for today's close goal. www.tradingview.com
ETHUSD just bounced from the sell side liquidity and making its way up again to the buyside liquidity after we got many rejections from 1550 now am longing ETHUSD with a target of 1800 using stop loss as 1580 JOIN AND ENJOY
Hello traders. We have a few weeks left until this 3 month candle closes. The $1610 area marked on the chart is an area of interest for me. I would like to see Ethereum stay above this area. But we may see another push up with the US Dollar ( DXY) , and in that case I would expect some more downside. I am a long term holder and proponent of Ethereum and a few...
Please, check our technical outlook for ETHUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1636.1. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1691.4 level. P.S Please, note that an...
Ethusd long position, risk reward 1/2 SL $1850 - TP$1950 I don't use tp on this position, maybe this is the beginning of new bull run...
Looks like a head and shoulders reversal to me, so maybe it will drop as indicated. Don't blame me if you follow my opinion.
Ethereum - 24h expiry - We look to Buy at 1611 (stop at 1579) Short term bias has turned positive. Prices have reacted from 1530. The previous day's bullish engulfing candle led to further buying yesterday. We look to buy dips. Bespoke support is located at 1600. Our profit targets will be 1691 and 1721 Resistance: 1640 / 1660 / 1680 Support: 1620 / 1600...
Introduction: It's been exactly one year since Ethereum underwent a significant transformation, transitioning fully to a proof-of-stake (PoS) consensus mechanism. While Ethereum's price may appear relatively unchanged over this period, significant developments have been taking place beneath the surface. This article delves into the key changes observed since the...
A close at H1 20EMA triggers enough momentum for 50EMA crossover as we look to maintain zone until divergence. Given yesterday's spread we can assume short-term bullish continuation by holding above the daily close marker of 1617; this is also the location of H1 200EMA and H4 short-term EMAs. If successful we'll likely see another push towards 1645-1650. However...
TD Sequential formed a reversal signal to the downside (4H TF) RSI is moving in the sellers zone (1H and 30m TFs) I think ETH price will continue to fall.
ETH last low from the distribution seller bar at 1540 has been taken out. We see some settling at 1530 level with a low test buyer bar coming up. Once this low has confirmed, we will look at the 4H timeframe to get an early top towards confirming on daily and weekly. For the weekly to continue going down, there is a less than 30% probability. So,highly probably,...
hi, this is 15 minutes chart of ethereum and as you can see we can take this trade with small stop loss and great risk reward . BITSTAMP:ETHUSD
Today's focus: ETHUSD Pattern – Divergence, demand bounce. Support – 1538 Resistance – 1647 Thanks for checking out today’s update. Today, we have run over ETHUSD, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis. ETHUSD continues to build after sellers look to have formed a washout bar...
A trading strategy that's been battle-tested through the ups and downs of Eth's history. This strategy doesn't blink in the face of market chaos or get swayed by emotions. It's a calculated game plan that knows when to step in and when to step back. Compare that to emotional investing, where fear and greed call the shots. Imagine making decisions when you're on...
Hello traders. I am currently watching the $1910 area that I have marked on previous chart analysis. If we fail to break and close above that on a weekly or monthly, we can expect a downward pus to retest the lower rejection areas. I am just holding and buying any significant dips. When the bear market ends. When crypto is mainstream..... This is gonna be...
My best guess at what ETH chart will look over the next few years