With Bitcoin stalling at ATH, altcoins continue to push higher attracting more buyers. A decently sized retracement is a realistic expectation, even if prices continue higher
ETH drops below 3810 off double-top continuation but is supported at 50EMA to prevent further correction. The resulting recovery was surprisingly strong bringing us briefly into the 3900s before dropping back between the two critical pricelines. At this point a push to 4k seems probable but I'd remain cautious until we establish a few closes above...
I think we will see a break resistance to $4,000 after a long time, hopefully we will break this, who is following my analysis knows the process how i see charts and my prediction of the market and my way of trading and thinking, easy simple.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
As usual, BITSTAMP:ETHUSD tends to catch up with BITSTAMP:BTCUSD initially, as its price lags behind. However, after the leader experiences significant upward movements, Ethereum follows suit and often surpasses those gains. Technically, the price has been confined within a long upward accumulation channel. Once this channel was breached, the price...
Everyone is building something and they build they will always come resistance.. and value is smiling and knowing resistance is just another way to grow.. ETH reach a resistance and fell sharply, price yesterday filled up the losses and ready to break higher. The benchmark is seeking to bring to life that which has not yet exist.. Today I will be adding more...
Just an update of this chart and the breakout eth has confirmed of its long standing channel consolidation. I also expect it to hit the second target on the left of the chart that is slightly higher not long after that as well. That target is from a wedge ethereum broke up from long ago. *not financial advice*
A strong recovery sends ETH past previous highs reaching upwards of 3900. However momentum has yet to break critical which may result in a double-top. If this occurs supports should be noted at 50EMA -> 3615 -> long-term neckline (red) as final. Closing below this zone would set us up for cycle reversal. www.tradingview.com
Manipulatt1on ph4se is in and ETH will reach ath while the FED will slow down the hike rates, till cut.
Ethereum ( CRYPTOCAP:ETH ) has soared past the $3,800 mark, marking its highest price since December 2021, fueled by anticipation surrounding the imminent Dencun upgrade. As the cryptocurrency landscape undergoes rapid evolution, Ethereum ( CRYPTOCAP:ETH ) stands tall as a beacon of innovation and potential, captivating investors and enthusiasts alike. Ethereum's...
The support and resistance range for ETHUSD is specified in the chart.
Just imaginary EW count for ETH. - Work of pure fiction and magic Not financial advice.
Greetings 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...
barring any black swan events - now that we have the new ETH release forthcoming, the bitcoin halving in the future, and the bear market behind us (fingers crossed?), this is the trend - we'll see some stops and volatility at the major support/resistances for trading. I'll just be holding for the next year or two. Less stress!
ETH made a strong drop off resistance and is now spiking the high. These are things we see in bullish breakouts but it's also something we can get in stop hunting before a big reversal. If it's stop hunting/breakout baiting it runs just far enough to stop people out/bring bulls in but not enough to pay them. As a general rule, extremely high RR trades are...
enter price -3683.9 stop loss -3320.9 take profit -4371.5 DETAILS: The price broke strong resistence line (area) with strong volume and big bullish candle, at the 4h timeframe the price broke the swing 10 high strongly , the TP is in strong resistence area the SL is below the breakout candle , the swing 10 low at the 4h timeframe and the strong area that the...
The price of Ether rose 1.2 percent to $3,854 over the past 24 hours ahead of the implementation of its Dencun upgrade next week. This upgrade will slash Ether’s transaction fees (also known as gas fees) which currently are at the highest level since May last year. Separately, the SEC is seeking comments on BlackRock and Fidelity’s spot ETH ETF applications,...
Based on the chart - we see that we are testing the global OB, where the new reversal formation came from Primary targets are highlighted with arrows on the chart. I do not consider any purchases - it is not expedient. There is also a lot of liquidity accumulated under the local OBs, we will not leave them!