The current price on Ethereum is mirroring price action from the retracement during January 2021 - July 2022. Expect price to fall between 5-6% before the bull market starts!
there are multiple bearish confluences on the crypto prices. the 100 moving average, the mid point of the fair value gap (fvg) are all bearish signals, the smaller time frames will give us more precise entry points
Like its big brother the Bitcoin, the ETH is correcting violently (-10% this Tuesday and -30% since the Bitcoin ATH). However, we've reached a very interesting zone! We're approaching the OTE zone, where EQLs to be liquidated are first present. We then have a daily Order Block at $2400. I'm therefore short ETH up to this OB, then I'll wait to see how the price...
Franklin Templeton’s Ethereum Spot ETF ticker has appeared on the Depository Trust and Clearing Corporation (DTCC) list, indicating a possible signal that the United States Securities and Exchange Commission (SEC) could approve Ethereum ETFs. Related Reading: David Vs. Goliath? Crypto Firm Consensys Sues SEC Over Ethereum Regulation Franklin Templeton’s Spot...
Price is falling towards the pivot which is a pullback support and could potentially bounce to the 1st resistance. Pivot: 3024.10 1st Support: 2960.89 1st Resistance: 3128.21 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
HELLO FRIENDS as I can see ETHUSD now created a double top and tested a resistance but the Bull Run is just beginning we will soon hit all time high after a little retracement till broken descending channel Friends it's just a trade idea shares your thought with us ... Stay tuned for more updates.
This curved trend line creates an area of support for prices come down from recent heights This should be a short lived bear move so hodl strong. Arrow shows my thoughts about how I think price will move.
Ethereum currently exhibits compelling dynamics within the cryptocurrency market, marked by noteworthy technical indicators and potential trading setups. Based on the latest analysis, here is a detailed breakdown of Ethereum's current position and speculative price targets for both long and short strategies. Ethereum has been trading in a volatile pattern,...
I'm of the belief that this correction has completed and we're at the start of our next impulse leg, Structure off the low looks impulsive and our break/re-test of the fork is pretty good confirmation this ABC has terminated.
there are multiple bearish confluences on the crypto prices. the 100 moving average, the mid point of the fair value gap (fvg) are all bearish signals, the smaller time frames will give us more precise entry points
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP. Levels are valid throughout the day,...
Ethereum has been in corrective wave since March and with the formation of daily double bottom in a bullish wedge, the cryptocurrency may have completed its corrections and ready for upside rally above the upper channel of its wedge. N.B! - ETHUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions...
- EWP Wave 5 impulse to start in the coming days/weeks. - Global liquidity in final stages of EWP Falling Wedge (ABCDE) contraction pattern, supporting thesis for liquidity expansion in the near term, possibly into 25, supporting growth in most risk assets.
The technical analysis suggests an emerging bearish flag pattern accompanied by synchronized RSI signals, with no visible divergence, indicating a potential downturn. In light of this analysis, it is prudent to consider a strategic sell stop order placement at the break of the recent higher low, aligning with the bearish momentum. 📉 The targets can be set...
The Bearish Gartley pattern is a harmonic trading pattern that typically signals a reversal in the price of a financial asset. It's named after H.M. Gartley, who first described it in his book "Profits in the Stock Market" in 1935. The Bearish Gartley pattern is formed by a series of price swings and Fibonacci retracement levels. It looks like an "M" shape on...
Hi traders, I would like to share my analysis on the ETH/USD chart in the daily time frame. According to my observation , the price of ETH is completing it's pullback to the orgin of the previous move. After completing this pullback , I believe that if price forms FVG zone it could be a good time to enter a long position.
Another rejection sends ETH to average support with recovery back to 3k underway. Although signs may look hopeful remember that we've been below pattern for some time. It's possible we could see a drop to D1 200EMA (~2750) as a result. www.tradingview.com
ETH is currently trading at $3010, demonstrating a downward trend within a bearish channel. Traders anticipate potential targets at $2920 and $2870 in the upcoming sessions, reflecting prevailing market sentiment towards lower price levels.