Hello Everyone, The current trend suggests that ETH/USD remains a solid long-term buy, with indications pointing towards further upside potential. TradeWithTheTrend3344
Market Positioning: ETH/USD trades tentatively at $3067, within a crucial juncture as per the daily timeframe. The oscillation of price around significant Fibonacci levels paints a picture of an asset caught between its historical legacy of bullish runs and the sobering weight of recent market retracements. Ichimoku Cloud Dynamics: The price lies below the Kumo,...
CRYPTOCAP:ETH is about to breakout on 4hr tf, We will wait for the confirmation of breakout before taking any new entry. Support & Resistance levels are mentioned in the chart. #nfa #dyor #aqeelonline
As Ethereum continues to oscillate around the $3,000 psychological level, market participants display indecision, as reflected in the recent price action and technical indicators on the 4-hour chart. Let's delve into the intricacies of the chart and indicators to unpack the potential trajectory of Ethereum's price. Ichimoku Cloud Analysis: The price is currently...
Watch for breakout of this descending wedge. Breakout + retest would be ideal for a long, weekly close below support is bad news. Good luck friends
Ethereum (ETH/USD) has made a bullish reaction off the pivot that has been identified as an overlap support. Could this crypto-currency potentially bounce higher towards the 1st resistance? Pivot: 2,847.25 1st Support: 2,685.96 1st Resistance: 3,111.04 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade...
Please view and daily trading plan for BTC ETH and SOL Please leave a comment if you have any questions
As Ethereum ( CRYPTOCAP:ETH ) attempts to stage a comeback following a recent downturn, the cryptocurrency market finds itself at a crossroads, influenced by a multitude of factors ranging from regulatory uncertainty to macroeconomic trends. The recent decision by the Federal Reserve not to tamper with interest rates provided a brief respite for CRYPTOCAP:ETH 's...
For Ethereum, we're observing a chart pattern that has developed a weak divergence, and we believe it is now correcting wo the end of Wave 4 of Wave (3). We plan to place multiple entries; our first entry was at the upper range of the Wave 4 target area around $3200. However, the price has continued to decline. We are now looking to DCA and make a second entry at...
It seems that a symmetrical is forming, but after recent wave it will be more transparent, anyway, it needs time until the end of July.
ETH price action has been viewed as a signal for the rest of the altcoin market in past cycles. I just wanted to share the main weekly support levels, in case this correction continues. These black lines are the areas that we could likely see interest in Ethereum.
Following yesterday’s edition of ‘Confluence Watch’ on the EUR/USD, today’s attention shifts to the Digital Currency Space: Ethereum versus the US dollar (ETH/USD). According to the weekly timeframe, the major altcoin is down nearly -10.0% WTD and fast approaching an area of confluence (support) between $2,283 and $2,627. The support zone boasts several...
ETHUSD will probably reach for those lows since its reacting from a bearish Fair Value Gap. After it takes out those lows we can start to look for bullish confirmations on Lower Time Frames
After a good uptrend, we need some rest. There are two different scenarios. You need Ethereum for long term investment
This is not a financial advice. keep caution with high leverage Risk, there's a big chance that we will see ETH Heading towards 1100 USD in the coming Days Probably even lower.
Resistance holds in at 3210 creating another step which may drop us back to short-term EMAs. A third step can be assumed off this formation and would likely be enough to break zone. With 200EMA at the lower boundary we can expect increased resistance moving forwards. If true, there's a chance this alignment could last until the 3370-pattern...
ETH remains above the daily close goal as short-term EMAs begin to close in. Successful divergence could push us past 3210 right to 200EMA/lower pattern support boundary. The next D1 goal is around 3370 which would place us at pattern support EOW. www.tradingview.com
A solid recovery positions ETH above the new D1 goal with about 1/2hr left until close. 50EMA is also around this zone which should strengthen support if a flip is successful. We could be looking at continuation to 200EMA in the near future. www.tradingview.com