So we have here 1 hour chart and 5 minute3 chart we got trend going high as we dont see any sellers.
We have a nice bull flag on BTC and ETH. Ethereum being the focus here would have a target of around $4800 to $5000. Momentum to the upside and slightly oversold conditions at present. Stay Blessed ;) Not financial advice, DYOR.
Hi everyone, I should preface and say I am a relatively new ETH investor. I was primarily a strict BTC maxi since 2017, but after putting in the time last year to learn about ETH and what its core philosophy is, I understand it better and I am actually very interested in what it is capable of! I think many of the ETH community can vouch for that. It's hip, cool,...
Rejection at 3615 prevents 50EMA alignment sending price back within the ascending pattern. With final breakout closing in we should aim to push above 200EMA to avoid EMA convergence. Ultimately look to sustain 3500 until pattern crossover for the best recovery chance. Keep in mind that signs at this time lean towards a pattern breakdown. A marker has been...
ETH is looking weak guys. I think ETH will maybe have another small rally but in the macro I think ETH will dump hard out of this massive rising wedge. LUNA Classic did the same thing, and I even predicted the fall of Luna well before it ever happened when Luna was in the $80 dollar region. It far exceeded my expectations on how far it would drop but regardless...
Don't be surprised if Eth goes down and breaks support around $3000. If it breaks the support, we could see Eth near the $2600–$2400 range, which might be a reversal level. Reasons: no signs of reversal at $2600 no divergence, no good volume formation of bearish flag
Hello, dear friends! Today, let's take a look at the Ethereum/Dollar chart!💥 On February 25th, the last line of the descending trend was broken upwards, as indicated by the blue circle - that's serves as an excellent signal for further growth. The question now is when to expect a correction? And how deep will it be?🧐 The next strong resistance levels are...
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves Rising Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Fibonacci Level - 61.80%
Title: Ethereum (ETHUSD) Falling Wedge Breakout - Target $3720 T potential breakout from a falling wedge pattern for Ethereum (ETHUSD). The price has been consolidating within the falling wedge for the past few days, and it appears to be ready for a breakout towards the upside. The target price for the breakout is $3720, which is the top of the falling...
The deadline for the Securities and Exchange Commission (SEC) to decide whether to approve or reject eight spot Ether ETF applications on its table lapses in less than two months. However, there seems to be little contact with the concerned asset managers, contrary to last fall prior to the approval of the first nine spot Bitcoin ETFs in the US. “Re Eth ETF...
Hey Traders, Here's a full rundown now we are seeing exits from the mass market. This is vital pre FED today. Watch for more.
Ethereum (ETH/USD) is rising towards a potential breakout level and could make a bullish continuation towards our take-profit target. Entry: 3,653.08 Why we like it: There is a potential breakout level ( wait for 1-hour candle to close above 3,653.08 for breakout confirmation ) Stop Loss: 3,412.92 Why we like it: There is an overlap support that sits under the...
Price managed to hold pattern sending us back into the 3600s before rejection around W1 piercing (3685). Consolidation is now between short-term EMAs with 50EMA providing a bit of support to prevent further pattern fillout. Look to push beyond short-term EMAs/3615 in order to raise 50EMA to pattern resistance. If sellout occurs focus on keeping above...
Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
Just love seeing this pattern in the wild, usually a pretty good omen
ETH after dropping started move to upside, but IMO it is declined from local resistance. Also on previous drop price broken local support. Based on this logic I think it will drop again to next support.
In this ETH/USD trading analysis, we explore the market movements since July 2022, highlighting the formation of a harmonics pattern and the confirmation of the previous low loading region as support. Notably, the market breached resistance around the $2000 mark, indicating a significant bullish momentum. Further analysis at the daily timeframe reveals a trend of...
Short...! W1 in strong resistance. D1 detected down bias. 4H trending down. SL 3610.32, TP 2972.80 Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.