Here we are in a bullish market structure from 1H time frame perspective, so I am looking for a long. I am waiting for the price to continue retracement to fill the IMB and then reject from bullish order block.
Eth is making lower lows and lower highs on 1hr time frame that shows the bearish behaviour of the eth. A short trade can be taken from this price point with the sl slightly above the previous lower high and tp would be near the current lower low.
Retracement to fill 50% of IMB and then rejected near bullish order block + institutional big figure 3000.00
#ETH Still The Main Pattern Is Bull Flag By ABCDE Formation Which Currently Wave E Is In Progress ,I Expect a Bounce From Here And Breakout The Trend Line Toward a 2400$ And 2600$ As a Next Targets
Ethereum on a possible 4% Rise. A massive supported on the moving average !
As Ethereum (ETH) price joins cryptocurrency markets in reacting to Wednesday’s Federal Open Market Committee (FOMC) meeting, the network is digesting new discoveries that the Ethereum Foundation has been subpoenaed for the first time in its history. Ethereum (ETH) is a decentralized blockchain network that hosts the cryptocurrency Ether, which acts as a 'fuel'...
Ethereum in Bullish trend on 4 hours chart, making HH and HL.
The cryptocurrency market has undergone a major correction since BTC's new ATH on March 14. BTC has corrected by around 20% and Ethereum by 25%. This makes it very difficult to position oneself in such a volatile and, above all, dangerous market. ETH seems to have reacted last night to an Order Block in H4, bouncing slightly higher. Has it found its...
Price has retraced lower of the past few days and we now see price getting into an interesting zone for the buyers. Price action around 3524.45 - 3375.80 will be very important as a break below this zone on the higher timeframe could shift the short term bias towards bearish trend. In the scenario of breaks lower we could look at levels around 2904 for...
Ethereum is at levels not seen since the Crypto Stone Age. The Crypto Markets will start BOOMING! ETH ( ETHUSD , ETHUSDT , ETHEUR ) is getting ready to go Bullish. When? Early '23. The Fibonacci Time Zones and Cycles tell me that the 3rd Fibonacci Summation is NOW. So, I reckon Cryptos are getting ready for something BIG. I do see a last drop before that...
ETHUSD is trying to recover, but looking at the weekly chart and GANN, it suggest we will see another strong move down, is my personal opinion. We are still overbought, and the erratic movements, shows that the bulls are trying to trick everyone, whilst we have two hammer tops now. The stochastic is positive, but high area, and besides, it is turning currently....
Today eth surge into the green days after a massive correction of 20%, making one of the best days so far in this bull run. For tomorrow and this last 2 days of the week im going to look seriously into this levels in green. They are both crucial for price to consolidate and find the next direction. In overall im very bullish on the ETH ecosystem!
Price drops to prior wedge resistance but recovers through another inverse head-and-shoulders. Current position is back at the W1 neckline (red zone) with H1 200EMA as the next hurdle. A larger-scaled inverse head-and-shoulders has been marked with prior W1 piercing as neckline. Given this layout we can assume a bit more consolidation before the next...
In the dynamic world of cryptocurrency trading, Ethereum has recently displayed a pattern that has caught the attention of many investors and analysts: an inverted head and shoulders formation. This pattern is widely recognized as a bullish signal, suggesting that Ethereum's price could be setting the stage for a significant upward movement. The inverted head and...
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...
We are very close to the US interest rate decision, a key event in this quarter that will set the further direction for the markets until the middle of the year. At the moment, the overall picture of the market looks quite optimistic: in the foreign exchange market, the week opened not in favor of the dollar, in the cryptocurrency market, the tops also opened the...
BREAKING: SEC is investigating the Ethereum Foundation and wants to define Ethereum as a security.