Ethereum (ETH) technical analysis:
Trade setup : Bullish breakout from Falling Wedge pattern , above $1,600, which could signal that buyers have absorbed all the supply from sellers and price is ready to resume an uptrend. Upside potential to $1,800 horizontal resistance zone, which also lines up with 200-day moving average, making this a stiff resistance...
Chart 4H TF
Easily spot resistance around 1700 - 1750
I think ETH will fail in this time and come back to 1650 before can try to test that resistance again.
Wait for next move
Hello friends, welcome to this ETHEREUM update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) peaked at a one-week high earlier in the day, as the price remained above a key level of resistance.
After trading at a low of 1,585.37 on Wednesday, ETH/USD raced to an intraday peak at 1,635.46 during today’s session.
ethereum hit its highest point since...
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
Hey traders👋
While going for Weekly ATH on ETH price got rejected at 200EMA zone. We are keeping eyes open on those two zones on upper side of this chart! If those zones hold strong then we are good for further drop here!
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Disclamer:
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Hi folks today I'm prepared for you Ethereum analytics. Some time ago price fell to the 1630 level, which coincide with the resistance zone, and started to trade near this level. But soon, the price made a correction below and then at once bounced up to the trend line, where it started to decline to the next support 1585 level, which coincides with the support...
ETH reaches the current Resistance@ 1629-1641
1H STO & RSI overbought
if this resistance holds, the Current Support@ 1580-1594
next resistance: 1657-1678
short-term bull trend along the trend line
Day continue bullish trend
Current Resistance: 1629-1641
Current Support: 1580-1594
RSI: Bullish
Current Trend: Bullish with higher High and higher Lows, BOS
Since the BOS, ETH reaches a new high @1634.10 before retracing back into the current support zone @1580-1594. ETH continues to have Higher Lows and appears to be heading back into the current resistance zone.
Will ETH break up to...
Right now, ETH is in the middle of a triangle that was formed since middle August 2023.
If broken out, ETH may rise to the supply zone (1807).
However, in the bigger picture, ETH had already formed a downtrend with lower highs and lower low forming.
Therefore, it's also possible for ETH to continue going down after touching the supply zone, add the fact that...
Hello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price quickly came back and is currently staying just above the downtrend line.
After unfolding the trend based fib extension grid, we see that we have a strong support zone from $1,594 to $1,581, and then a second zone from $1,568 to $1,551.
Looking the...
ETHUSDT ( 1 day time frame ) stuck in falling wedge pattern & trying to brakeout , soon we will see its breakout , i am observing it . after breakout it will be long long
Unlocking Liquidity: A Game-Changer
Ethereum's recent surge can be partly attributed to its ability to unlock liquidity, a crucial factor in price movements.
This process involves strategically taking liquidity from one side of a trading range (usually from below) and then transitioning to the other side (above).
The Mechanics: Ethereum's Liquidity...
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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Quick update on ETH.
As we can see price is still struggling inside this strong rangy market and price is still trading inside it.
Meanwhile, for the bulls to start kicking in we need a break above the first neckline from a...
