Hello dear traders! Overall, ETHUSDT is gradually forming a promising potential uptrend triangle, it is currently stable in a narrow range around the 3200 USD - 29000 USD zone. Theoretically the price will break resistance and take further distribution supported by many technical factors. Clearly the market maker is gathering liquidity at the expense of the...
Hello traders! Overall, ETHUSDT continues to trade within a parallel bearish channel on the D1 chart, which typically determines our medium-term outlook. It is currently trading steady at $3029 and down 0.21% on the day. From a technical perspective: The H4 setup shows strong resistance of the down trend. Therefore, it is likely that the price will continue its...
ETHUSDT continues to trade within a long-standing downtrend channel, with the RSI index remaining stable around 44.30, indicating a sustained trend. Looking ahead, the bearish camp still holds sway, with expectations of a decline towards the 2219 zone after another price rally hits the upper limit once again!
The current selling zone for ETH/USDT is at $2982.00. It's an opportune moment to consider profit-taking strategies, with potential levels at $2914, $2880, and $2800. These levels offer strategic exit points to capitalize on market movements. However, it's crucial to implement risk management, with a stop loss set at $3089 to mitigate potential losses in case the...
Ethereum is preparing for the final crash! 2800 to 2700 is the most important zone you can watch because the price should bounce from it. This is exactly where you want to buy Ethereum for the long term or enter a high-leverage trade. I don't think the price will go lower, prices such as 2500 USD or 2000 USD is no longer realistic and possible. Why do I want to...
Hi everyone, Ethereum price continue to consolidate within 3000 - 2800 support area but lately it looks like there will be breakout below 2800 and towards to 2400 support level. If we look at the chart, we can clearly see lower lows and lower highs which says that ETH price isn't ready for a rise. More likely scenario is that price will contunue to decline...
hello guys... Ethereum has formed a knife-down pattern so we can anticipate a downward movement toward 2942$ level. but as I published before the main trend is bullish in the ethusdt coin. ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And...
BINANCE:ETHUSDT Price is in process of making ab=cd pattern where we have a possible order block placed too at the point of D which is our area of entry. Our initial target is at $3500 and then $4000 and lastly it will at $4500. We can achieve this target by end of this month or next one depending on how other Economic factors interfere with the price...
The Nvidia stock looks scary, to say the least. Coinbase also looks pretty bad... Everything can change though on Monday and we get an amazing surprise and everything turns to full green. We see Tesla, Nvidia and Coinbase move from full-red, as bearish as it can get on the weekly and daily time frames, to mega-mage-green... Can you imagine? I mention these three...
BINANCE:ETHUSDT is forging a retest of the key support area. On the background of NFP publication, the coin grows following the flagship - BTC and tests 3130. We are waiting for a retest of 3200. An interesting promising candlestick pattern is forming on W1 on the background of the retest of the key support, which is the resistance of the previously broken...
There is something about these charts... Something about the candles, the bars, the dots, the points and figures... There is something about these symbols that speaks to me; do you read charts? Isn't there a feeling involved in the chart reading process? When you turn on your screen, phone/computer, and start to damage your eyes with the artificial light, don't...
Hello TradingView Family / Fellow Traders, As per my last analysis, ETH rejected the $2900 - $3000 support and traded higher. What's next? Scenarios: 1️⃣ Bullish For the bulls to take full control again, a break above the last high marked in orange is needed. In this case, a movement towards the $4000 resistance would be expected. 2️⃣ Bearish In...
Ethereum's correction is already pretty advanced, you can tell because the drop has been going for almost two months and is already 31.5%+ strong; how much lower can it go? While this is a super-strong drop, it isn't over. The chart conditions are the same as with Bitcoin (BTCUSDT). Ethereum (ETHUSDT) produced a rejection right at EMA50 as the week starts and is...
Hello TradingView Family / Fellow Traders, As per my last analysis, ETH is now hovering around the $2900 - $3000 support. What's next? Scenarios: 1️⃣ Bullish For the bulls to take full control again, a break above the last high marked in red is needed. In this case, a movement towards the upper orange trendline and blue structure at $3350 would be...
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...
At the point where we have placed a red arrow on the chart, Ethereum correction has started. Ethereum seems to be forming a diametric pattern. It can move from the specified Supply to the specified Demand. On the Demand range, you can look for buy/long positions. Closing a daily candle below the invalidation level will violate our buy/long view For risk...
Not Financial Advice TL;DR Bullish Pennant on BINANCE:ETHUSDT daily chart, upwards breakout target would be very close to 2021 ATH. SEC approval of VanEck ETF (final deadline on May 23) could be a major catalyst. A rare case of (potential) technical and fundamental confluence: ETH has been building a Bullish Pennant since the end of the Feb 5 - Mar 12...
Ethereum ETH parallel channel, the small purple channel is the down channel and the green one is the falling and oscillating channel.