Ethereum - 24h expiry - We look to Buy a break of 1665 (stop at 1625) We are trading at oversold extremes. With signals for sentiment at oversold extremes, the dip could not be extended. A higher correction is expected. The bias is to break to the upside. Bullish divergence is expected to support prices. Our profit targets will be 1765 and...
Another significant drop sends price just short of highlighted pattern support before attempting recovery. Resistance is being held at 1650 critical which may serve as a flip zone for upcoming consolidation. Breaking below pattern would very likely reverse this uptrend back to the descending pattern (solid blue). Expect some sideways action but ultimately...
ETH is effectively supported in the interval of 1744.60~1793.95, and a double bottom pattern appears. The current price breaks through the downward trend line, and the highest price reaches 1930.95. - The target price of the double bottom can focus on 2001.90~2031.00, stop loss: 1756. -
ETHUSD / 1D Hello traders, welcome back to another market breakdown. ETHUSD is trading inside a trading range, the price has worked the first quarter, I'll be looking to feed the second quarter. Trade safely, Trader Leo.
My last bullish scenario for ETH is looking at a wave (i) completed to then resume higher into wave (iii). The yellow area is where I expect support.
Hello Traders, Spotting early signs of a potential bounce is crucial for reaping significant gains. One such possibility seems to be emerging on the ETH/USD.P 1d chart on Bybit. In this analysis, we'll explore why ETH may be poised for a bullish reversal and why traders should keep a close eye on this pair. Key factors: Point of Control (POC): We find ourselves...
Bearish Impulse wave up that finished on 11th November 2021. Followed by an ABC correction. Where wave (A) finished and we now either in correction (B) or we started the wave C of the correction. So even though we can count this minor abc correction in wave (B). it does not mean it is finished. Waves B can take the form of complex corrections wxy. So how...
Following the previous analysis of this pair, This flat formation is coming to an end. After completing this formation, we can expect another Drop in the same level of Wave (A) of this analysis.
Ether recently changed hands to $1,650, down 5.1 percent from Tuesday, while also hitting a three-month low. Other major cryptocurrencies mentioned in the SEC action tumbled with the ADA, with tokens from the Caldano blockchain down more than 5% recently, but SOL and Matic, the local cryptocurrencies of the Solana and Polygon smart contract networks, each down...
For long term bags, I buy at midpoint, at circled region, and if we don't get either, I buy right above green. If there's a crash below the marked areas of interest, I close my eyes, hold my breath, and buy. We're at the tail end this cycle's bear market. IMO, we should all be thinking about long term bags. The greatest shame, what would be unforgivable three...
For ethereum From previous idea since MAY, our patience is being paid off. I wait for another fall atleast @1450-1500 zone. Trade base on your own decission. This is not a financial advice. Follow for more
At a minimum ETH will test 1656, a breakdown below that will send it plummeting in the following weeks. Point target by as early as 6/21/2023 = 793 Could drop to as low as 425
The ethereum Foundation sells ETH perfectly at local tops almost every time! Ethereum Foundation's large-scale selling in recent years record : Recently the Ethereum Foundation sold 15.000 ETH. In 2021, EF did sell 20.000 ETH at high point. But in 2020, 100.600 ETH was sold at a price 657$
If we want to go by the four year cycle theory, based on historical tops it looks like Ethereum could top at around $8.34k - $8.85k by fourth quarter 2025 or first quarter of 2026.
Price failed to close D1 at dashed yellow resulting in a brief flip attempt before dropping to current zone (1715-yellow). From here there's a good chance that we continue descending back towards 1715 -> 1675 (blue) -> low 1600s. Keep an eye on 20EMA to dashed yellow crossover as the potential trigger. www.tradingview.com
Ethereum - 24h expiry - We look to Buy a break of 1777 (stop at 1737) Trading within a Corrective Channel Formation. A break of the recent high at 1775 should result in a further move higher. Posted a Double Bottom formation. Bullish divergence is expected to support prices. Daily signals are mildly bullish. Our profit targets will be 1877 and 1896...
Price is close to the support line of the triangle. The top line is resistance. All triangles are neutral until broken. No recommendation. T1 is in larger type than T2 and so on. RSI is 32.34 so hovering over Oversold status.
I wanted to update you on the recent price movements of ETH/USD. Yesterday, the cryptocurrency reached a high of $1,761.96, but today it slipped to an intraday low of $1,727.75. Currently, it moved below a floor at $1,730. However, bulls have stabilized this support zone, with the RSI finding its floor at 38.00. Currently, the price strength is at 38.81, which...