Ethusd has found support currently and will retest close to area of 3840 where resistance was met. 3835 retest is now in progress.
According to the historical relationship between ETH & NVDA The caveat obviously this relationship was far stronger when ETH was validated using GPU's ... but we still have to take note of this relationship in my opinion! We know a vast majority of the altcoins are still in fact ERC20's ... including all the various L2's like Arbitrum, Base, Pulsechain and the...
Hello, Here's my plan for ETH in the next coming days. I think this will play out perfectly. Just broke down the mini downtrend and I expect to hit the resistance on the bigger downtrend. We will see if it gets rejected from there or tries a breakout. I'm entering a long trade for at least 3-4%
Price continues to hold between pattern resistance and 3810 forming into a symmetric layout. Early breakout seems very possible but wait to flip 3810 before assuming further recovery. Keep in mind that we're in a MACD convergence phase. www.tradingview.com
We have show resistance at 3727, Currently we look to be bouncing off the fair value gap from 3616 to 3638. We can see a double top yet it might play out to be a triple if we don't just break through this FVG. The fib levels would show us a drop price back down to around 3400. Also looking at the RSI on the 4hr time frame we are in over sold territory. yet on the...
📊🚀 Ethereum's Road to Recovery: Professor's Outlook 💡🔧 Let's dive into Ethereum and its journey under the looming shadow of regulatory decisions and market dynamics. With Ethereum teetering below the $3,000 mark—a significant psychological barrier—let's explore the potential pathways and strategic levels that could dictate its short to medium-term trajectory. ...
ETHUSD has experienced a notable upward surge recently, characterized by an impulsive move in its price trajectory. This trend suggests a potential opportunity for a long position in the coming week. As the market currently hovers around a critical juncture, marked by a zone of interest, the possibility of a structural breakout followed by a retest presents...
based on my brain i will take this trade, i don't like weekly RSI, looks like it could be destined for 50. But also, upwards isn't impossible.
There is a triple bottom which could be observed, a bullish divergence and a trend reversal could be observed with higher highs and higher lows due to which going Long on ETHUSDT,
Another rejection at pattern places us back below 3k and short-term EMAs. Consolidation between 2878-3125 is still expected until EOW with a 3k close goal. Note that this keeps us below pattern but may trigger a quick breakout if close goes well. www.tradingview.com
Hi. BINANCE:ETHUSDT Today, I want to analyze ETH for you in a 1D time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the...
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,...
Eth is consolidating in a nice triangle pattern , opening for a sharp move higher very soon !!!!
What a difference a day makes. I have been consistently bullish on ETH, believing it would eventually have an explosive move and steal the show. How about a 20% day? As you can see, ETH broke out of the massive bullish descending channel and huge volume. Trading Alpha once again gave the perfect signal, with the grey arrow, squeeze shading and break above the...
Price created SMT at the highs after taking liquidity. Now we wait and see if it wants to trade lower into the start of the week before continuing higher
COINBASE:ETHUSD Breaking an all time high could put any of these FIB extensions in play for this cycle. If we can get an all time high breakout sometime in, I could see the potential for the 1.618 FIB extension around 7,300 to be hit by end of 2024.
H4 - Strong bullish momentum Higher highs No opposite signs Until the strong support zone holds I expect the price to move higher further after pullbacks
A strong push brings us to 3125 as price looks to keep above 200EMA. Holding pattern is possible which could lift us out of consolidation range. Refer to 3210 as next resistance if this occurs; the W1 goal at 3k will remain for now. www.tradingview.com