May 6 2024 - Forecast ETH Actually not sure how this script I have will work on ETH but let's try her out.
Ethereum recently broke out of a bullish triangle pattern on the 60-minute chart, suggesting a potential uptrend in the short term. The current bullish momentum appears promising, indicating that ETH might continue to rise throughout the day.
Hey team, Hope you are Enjoying our ideas and Analysis Today we are Monitoring ETHUSD for a Prediction... Technically and fundamentally, ETH has a good potential. The phase of realization of the accumulated energy can be activated at the breakout of 3200. Also, on a bullish trend symmetrical triangle is a good and potentially promising pattern. Support levels:...
A strong recovery brings us above 50EMA with resistance holding in at 3125. Maintaining 50EMA until short-term divergence should be the current goal. However a drop to 3k is highly possible before this scenerio occurs. www.tradingview.com
Purple Line: 50 days MA Green Line: 125 days MA Price touch Green line three times which provide strong support. Possible next development is going to test purple line for the 3rd time.
Traders, I'm seeing this on the Bitcoin chart as well (future post). But here on Ethereum we are in a bullish descending wedge. It should break to the upside soon. However, careful going all in just yet. My spiny senses are telling me we could have one more liquidation of longs incoming before all lights are green. Our .618 fib level seems to be holding well so,...
Hello Traders, Hope you all are doing good!! I expect ETHUSD to go Up after completing this correction. Look for your BUY setups around the marked zone. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper...
Resistance continues to hold at 3k/20EMA in another attempt to reflip zone. Recovery could send us back to 200EMA but remain cautious until a close is established. The D1 piercing markers (green) have been left in to indicate critical goals. www.tradingview.com
if we break 3250 we should go up to test 3500. If we get a hard rejection we will go back to 2850 below that is a fast drop to 2500. I theorize a short squeeze may push bullish break out. This all forms a really large cup and handle that can push us upward of 5k
ETH makes its way above the first D1 piercing goal (3125) in an attempt at EMA divergence. Being able to maintain 50EMA is a good sign for continuing recovery. Keep in mind that a drop is still possible and we should look to remain at 3k if this happens. www.tradingview.com
With regard to Bitcoin halving and the possibility of digital currency prices increasing with this event, and with regard to investors' purchases in the market and taking into account the trend of Ethereum transactions and the analysis of digital currencies that have a positive correlation with Ethereum, it can be concluded that the specified area In the price...
Hello Everyone, As ETH/USD nears the 1M/1W Pivot Point, it's crucial for the price to consolidate above it to validate potential further upward movement! TradeWithTheTrend3344
Downward parallel channel but price is in the top section respecting the middle white band if it breaks out the channel we can see a potential rally up also there is a Rounded bottom on the 4hr stochastic which is a signal of bullish movement building after divergence 9
Resistance holds in at 200EMA/3210 dropping ETH back below short-term EMAs. An ascending pattern has been outlined and will be adjusted if additional points come into play. For now we can expect a drop to 3k but closes should remain above this zone. www.tradingview.com
The Ethereum (ETH) price action against the US Dollar (USD) presents an interesting conundrum for traders. Recent price movements suggest a potential turning point, and the decision of whether to long (buy) or hold ETHUSD hinges on several key factors. Prior High as Support: A Bullish Signal? The current price of ETHUSD sits above a crucial support level – the...
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
The recent delay in approving a spot Ethereum ETF by the SEC has dampened some of the bullish sentiment surrounding ETH. This news contributed to the correction from higher levels, alongside a broader crypto market pullback. Falling Channel/Wedge and the $4400 Target: The current chart pattern for ETH/USD does resemble a falling channel or wedge. This pattern...
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.