Hey traders, in today's trading session we are monitoring ETHUSD For a buying opportunity around 1220 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
A clear descending broadening wedge pattern is playing out. This is a bullish trend (at least on the micro level), with confirmation already triggered through an upward breakout of trend. Now price is at consolidation (recharging) stage with resistance level already broken once. Same trend is going on with BTC.
MACD Weekly bullish divergence, looks like moving averages are bottoming out as well. I truly do think the bottom is in.
Lowest RSI since genesis Lowerboud channel hit .786 confluence area Close to accomulation zone
In this bullishness and positiveness on crypto. I call to sell Likely place to see is below 1K All the best NB: Till you see a lower TF setup then shoot
Ether is finally picking up some of the strength, which was significantly lost during the previous period. In relative terms, the coin outperformed Bitcoin, but this time in a positive manner, gaining more than 26% in value in a single week. At the same time, ETH short term futures were up by some 11%, expressing market positive expectations for this coin in the...
Ethereum has formed a four-hour head and shoulders bottom pattern Four hours to maintain a volatile upward trend It is expected that there is still room above, and it is recommended to continue to hold coins Follow me to take you to achieve financial freedom
After ETH rallied into our red box of sell pressure ($1,250-1,280) we have been met with heavy sell pressure. It is possible we get some sort of liquidation hunt up to $1300 but unlikely as we have created a bearish divergence on the 4H timeframe. With higher highs in price but lower highs on our RSI. Something to keep an eye on.
ETHUSD Daily cautiously bullish. Recommended ratio: 80% ETH, 20% Cash. *SUNDAY/MONDAY SCARIES WATCH. With the BEA due to report a third estimate for Q1 2022 GDP growth on Wednesday (06/29) at 8:30am (EST) and Core PCE Price Index to be reported on Thursday (06/30) at 12:30pm (EST), crypto and equity markets will look to continue the technical relief rally...
Stop loss: 1297.40 Take profit: 1015.42 Risk/Reward: 2.5 *No.1 Manage your Risk*
Hi friends, just one wave until the start of the uptrend, the price is around $ 600 to $ 700 (by the way, this is just a calculation based on technical analysis, thanks to my two years of experience)
Another test at long-term trendline after a small breakout between pattern resistance and uptrend average. So far price has been unable to flip this zone which is better noted on H4 with the initial breakout and subsequent close under trendline. If we can make it back above long-term trendline there's a good chance we could see a push towards 1500 (short-term).
Price is below the neckline. Flag like structure trying to form at the end of the last leg down. A flag, if it is indeed a flag, is a neutral pattern unless a trendline is broken with a trend in that direction. I suppose a lot depends on the market this week. Target 1 has been met. This level could act as future resistance. No pocket pivot (footprint) noted at...
880 support from 750 isn’t strong enough for a bullish rally.. but end up made a bear flag .. the big one. Expecting to buy somewhere 400-630 area the strongest support zone
ETH is moving in the liquidity zone within the ascending channel. The price reached the resistance level as the upper boundary of the liquidity zone, after which the price went down sharply. During the whole time of price movement in the liquidity zone, trading volumes were decreasing. Price and RSI show bearish divergence on the 4H Timeframe. I expect that this...
Buy and Sell . Profit or loss ?! Its my intraday forecast . make your choise ;)
The biggest altcoin by market cap, Ethereum (ETH), experienced an uptick in the last 24 hours, according to CoinMarketCap. At the time of writing, the price of ETH gained just over 1% in the last 24 hours to take its price up to $1,242.47. This adds to its phenomenal performance over the weekly chart as its price gained approximately 26.29% over the last 7 days....
And most likely short from my target area. I think crypto is going to be 25% up and 50% down. Positioning accordingly until market shows me otherwise.