Cryptocurrencies have also been seen by some investors as a speculative hedge against inflation and the Fed's plans to curb inflation could weigh on the broader cryptocurrency sector. On Friday, ETH joined the broader crypto market in a bullish session, gaining 6.28% to end the day at $1,996. US economic indicators and staking statistics supported an ETH return...
BITSTAMP:ETHUSD according to eliote waves not financial advice disclaimer
Anticipating upside potential on Bitcoin, if price breaks out of the current consolidation...This could result in ETHUSD trading higher as well. However, for ETH, the price has been in a wider range, while also bouncing off the bullish trendline. A breakout could only be signaled if the price breaks above the 1858 price level which coincides with the 23.60%...
Dear Traders, In my opinion, I believe ETH has a great potential to get to 21XX before any retracement. However, if we see a bodily closure below the trend line, we might see 13xx. However, i am still skewed toward a bullish ETH for now.
Price continues to hold at H1 200EMA with lows above 1845 long-term critical. A recovery attempt is in place with resistance at the lower short-term critical priceline. We should look to push above the center ST critical, or D1 50EMA, sometime today-tomorrow in order to maintain momentum. www.tradingview.com
The observed phenomenon demonstrates oscillatory behavior confined within a specific range. Diverse trading platforms and exchanges warrant examination, but focusing on one in particular reveals minimal volume indications at the extremities, akin to pressure variations. To alleviate confusion, various strategies can be employed to better comprehend this pattern....
I'm doing some tests with a new indicator. In the case of eth, it is indicating a local top at 2500 usd and a bottom close to 700 usd. Follow me and share with a friend to encourage me to make the bookmark available to you in the future.
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪 If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so everything looks like we are...
Nice close off yesterday's D1 to keep price above 1845/H1 200EMA. A recovery attempt is in process as we look to push back to the upper critical priceline (1867). D1 200EMA should cross long-term pattern soon which can be expected around 8/16. www.tradingview.com
So what I see on 4H chart is falling wedge. This pattern is usually breaking to the upside so I decided to enter just right now with x5 leverage. Once it breaks to the upside I will add to long and go x10. SL is 4H candle closing bellow. Good luck to all and please dont forget that efferium is biggest scam ever made.
I'm watching to see if this head and shoulders plays out. A break above the resistance trendline could mean a nice run to the upside.
Take a look at our analysis for ETHUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1847.6. The above observations make me that the market will inevitably achieve 1873.3 level. P.S The term oversold refers to a condition where an asset has traded...
The price has fixed above 50EMA on the 4H TF. Price chart and RSI formed a convergence (4H TF) TD Sequential formed a reversal signal up (30m TF) I expect the price to continue rising while holding the support.
Hello,Traders! ETHEREUM has formed A bullish wedge pattern So I am locally bullish biased And IF we see a bullish breakout Then a move up will follow Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Historically, ETHUSD has rallied between 5,000% and 20,000% after creating a macro market bottom. If history repeats, then we may be looking at similar rallies in the upcoming future.
Short opportunities on BTC and ETH (divergence) POI for shorts indicated based off manipulation an dmitigation.
Price manages to hold within the highlighted zone as we look to sustain for a possible recovery. Note that the recovery should take place on 8/12 D1 since today is the third candle. This is a fix to yesterday's post but all else remains in terms of closes/lows. www.tradingview.com
A brief breakout brings price just above the center critical priceline before dropping back to support at 200EMA. Look to maintain zone today which could trigger a strong recovery tomorrow back to the upper critical priceline. Although highlighted support is below 200EMA/1845 it's the D1 piercing point and, given prior PA, should be the lowest expected close....