FIB, Elliott, and a wedge pattern to show micro levels of support and resistance.
We haven't looked at Ethereum (ETHUSD) since the start of the year (January 09, see chart below) but it did give us an excellent symmetrical buy opportunity and easily hit our $3000 Target: We now move out to the 1W time-frame in order to understand where the current 2-week pull-back is positioned relative to the previous Cycle. As you can see, ETH is past a...
🐻 Bear Flag Formation: The chart shows a bear flag pattern, outlined by yellow lines, suggesting a potential continuation of the downward trend after the consolidation. Watch for a price rejection at the upper trendline of the bear flag before a possible move down. 📐 Fibonacci Retracement Levels: Critical Fibonacci zones are plotted: The 38.2% level at about...
Good Morning! CRYPTOCAP:ETH Futures did not form a bearish crossover while Spot did form one. #ETH Futures shows it bouncing at the longer term moving avg & then close above the support line, yellow. Compared to Spot #ethereum which is all over the place. IMO still relevant to pay more attention to derivatives, like Futures. #crypto
this is left as an exercise for the reader to discern
Bearish divergence on Daily timeframe has played out already. With Positive Divergence in play and ETH forming higher lows at strong support levels and volume surge at points 2, 4 and 6 suggest Livermore speculative chart is in play ... Go ETH Go
Ethereum has been forming two Symmetrical triangles in the pass in this logarithmic chart, the last one target was reached at $4,868 and this last one potential target could be $27,256 by Next year Spring time most probably, good luck and fingers crossed!
The daily uptrend has already confirmed, the weekly uptrend to follow very soon.
This is my personal opinion and observation. it is not financial advice.. this not a great reset, this is a "Great Awakening" The world will achieve financial and conscientious freedom!!!
I've recently talked about the common confusion between reaccumulations and distributions. I won't go into details because I'm too lazy atm. But for now, I'd bet on reaccumulation for this chart. We will have a much better macro picture in a few weeks.
Hey there, Ethereum enthusiasts! If you like my graphics, send some 💙💛 Gather 'round because we've got something to talk about. Picture this: a pattern that blending elements of a Double Bottom and an Adam and Eve formation. This kind of pattern often signals a big turnaround. Now, let's dive into the nitty-gritty. The chart's telling us that Ethereum...
Let's zoom in because this is a decisive moment right now. Excitement is definitely out there and the market is filled with new people, so things are bound to become awkward. More than 97% of Bitcoin addresses are now in profit. Just a small scare and everybody will start selling. First, why do we trade? Are we trading? Ethereum has been growing since June...
Here I've displayed macro Fibonacci trend lines and retracements, this has included extra levels which are in conjunction with a multitude of Fibonacci levels in order to create clearly strong levels/zones which I have distinguished by color, analyzing even the most shallow of retracements of either direction. It would appear that a falling wedge is an inevitable...
Looking for continuation of the Ethereum uptrend - price at $3462. Targeting $3700
In the monthly time frame, Ethereum is a few steps away from bearish liquidity. After reaching this area, we can expect consolidation in the $1927 area. We will probably have a few shadows on the liquidity box below this level and then the movement towards GETTEX:13K - GETTEX:14K will begin. NFA
The Ethereum market has been on fire once again in the year of the fourth halving cycle of bitcoin. Like the alt-coin market in general, it did not enter the bull market until Fall 2023, although it recovered greatly from the lows of the bear market previously. Its recovery was bounded by a large Elliott triangle formation that allowed only large swings in price....
Basically what chart shows. Why? Well, everyone is too euphoric about everything. But we are still in recession. 2024 will be bad. DXY to 150. Why would crypto survive? 3Q 2024 let's jump on bullmarket. Am I wrong? Maybe. But this scenario makes most sense to me especially with everything I see around.
CRYPTOCAP:ETH A simple visual of what tends to happen with the LONGS/SHORTS vs Price Action Are you able to see that the ratio is currently showing a more bullish setup that not just the bear market lows but also all of recorded history ATM... Are you ready for what comes next...?