Hello Traders Investors And Community, welcome to this update-analysis about recent events happening in ethereum, the currenet price-formation and what we can expect from ethereum the next days and hours. The whole cryptocurrency market is sending mixed signals at the moment, while some cryptocurrencies looking rather strong and solid there are cryptocurrencies...
✅ETHEREUM keeps growing In a massive uptrend and the Coin already gained 55% from the Lows of the last correction and By the time the price hits the Resistance of 3600$ it will be over 60% Which means that the coin is locally Overbought and that we are likley To see a bearish correction of Around 7-10% from the resistance After the retest of the level above ...
According to the volumes and price action in the last months, the target for the next 6 months is $3200-3300 for ETH. Considering the following aspects: - The Cancun upgrade on the ETH chain; - Possible Eth approval from May 2024 for ETH; - The emerging narrative with Layer 2 on ETH; - The ETH/BTC ratio is in a support zone; I consider that 3200-3300 is a...
ETH is most likely correcting 5 years up going wave ! is the correction over? Most probably NOT. ETH at ATH more than likely completed an impulsive section of a wave cycle and currently is in the corrective section. Normally in simple form, corrections have 3 legs with two legs down and one leg up in between. As shown on the chart , it is very possible for...
Ethereum has been a star performer, crossing the $3,300 mark, showcasing our accurate market predictions. From advising a strategic short position before $5,000 to recommending a timely buy-in below $1,000, our Ethereum strategies have been spot-on. The recent breakthrough from a significant wedge pattern, on its third attempt, marked a pivotal moment, affirming...
Go Long here @ $3034, TP: $3291 (next resistance), SL: $2901 (previous pivot low). Breakout occurred above from ascending triangle pattern resistance. In uptrend (price higher than 250MA). Trend continuation trade. 2:1 R.R. 3-5% of fund risked. Sells placed for 50% at 1:1. Move stops if new pivot lows form. 60% win probability estimated (maybe higher looks...
Ethereum being the second biggest coin in market cap has a very important role to play in the crypto ecosystem, however, we haven't heard to much talk or news about the coin as other L1's have stolen the spotlight. SOLANA, INJECTIVE, SUI etc have all grown in popularity and have taken a lot of the focus away from the biggest altcoin by market cap. In the...
Look, it's easy. People want tge grey scenario (super low, up, down) ---> 5% chance. People want the black scenario (double high) --> 60% chance People want the blue scenario (higher high) --> 35% chance So.. My strategy is to sell 75% of my alts value once Ethereum touches the high, goes down and bumps back. I will keep 25% in case we see an extra melt-up...
ETH flips the 3200/3210 critical priceline bringing us into the mid-3200s. Expect a hold between ~3200-3400 until consolidation forms another pattern. The 3k crossover marker has been removed but the added support will remain applicable. www.tradingview.com
Given that we've surpassed the 138% level, we must anticipate a more profound downward trend. We find ourselves in what appears to be a Wave ((ii)) correction, and we won't force an entry. Instead, we're adopting a long-term stance on Ethereum, avoiding the catch of falling knives. We expect a retracement between 50% and 78.6%, targeting the $2,300 to $1,860...
#ETH #ETH_LTA Long term targets are calculated using 2020 - 2022 rise and fall. previous ATH: 4868$ area potential long term targets and important areas: (7800 - 9800 area) - 14400 - (21k - 26K area) (if price drops below the June 2022 low, targets and areas must be re-defined after the new low is formed)
eth is currently holding above the quarter channel with resistance above between 3500-ATH there is a potential moonshot to 7k and beyond (13k?), if the markets are indeed in the infant stage of a bull run. for now eth is heading towards the golden pocket of the move down with support from ath avwap as htf bullish market structure never broke this could mean...
ETHUSD outlook The price reached our all previous target perfectly and still running to reach another bullish target. So, Ethereum broke the resistance line which is 2755, and can stabilize above it. so now it is possible to do a retest till 3018 and then push up to reach 3527 and 3967, otherwise, stabilized under 2755 will be a bearish trend to touch 2505,...
BINANCE:ETHUSD is forming a gorgeous rally after breaking through the consolidation resistance of 2838. There was an idea where I pointed out the importance of this area. The coin is up almost +19% Idea: ETHUSD → What's the significance of 2300? When's the growth? Technically, the price is currently forming a trend retest and is at its highs. High interest in...
ETH call was top notch, price perfectly followed the trendline and stopped at 3'200, which was our target. Now, I personally expect a little retracement to retest the upward trendline (at 3'100) or even test the psychological level of 3'000. These could be nice buy opportunities. Next clear target is 3'400.
ETHUSD could rise to $3200-$3500 and then the price will decline to $600-$650. January 17, 2024
Last week, the market popularity revolved around the Restaking and Points sectors. Many whales buy ETH and participate in restaking protocols like EigenLayer. This has increased the popularity of Ethereum, Optimism, Arbtirum and other chains, and the price of ETH has increased. Let ETH get out of the independent market. In the BTC ecosystem, Merlin Chain’s staking...
It is quite overdone now, with a very high RSI and we are far above the Keltner channel as well. Strategy SELL @ 3,230-3,250 and place SL above $ 3,310. Profit order to place near $ 2,850.