Hi dear traders
As I said in the previous analysis, the price is moving in a downward channel.
After retesting the resistance zone, it is reversing.
The first support zone is between 800$ and 885$.
For a strong rise, the price should go down to the 500$ and 450$ area.
Watch out for the cow trap.
If the resistance of 1120$ is broken, it is possible to climb up to...
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Welcome to this ETH update.
ETH is not looking good here. Forming a bearish pennant pattern in 1h time frame where breakdown of pennant is still pending. Once it breaks down from this pennant we can expect a dump.
Invalidation level:- If any hourly candle close above the...
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(ETHUSDT 1W Chart)
Your current location is the previous highs section.
The previous highs are important support and resistance zones from a psychological point of view.
Therefore, it is...
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#ETH/USDT UPDATE !!
It is moving in a descending channel and accumulating above the fair value gap region. As the price is contracting and gaining momentum for the...
Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section.
ETH currently forming a RISING CHANNEL PATTERN and trading on a support zone.
ETH needs to sustain this level and move upside towards the price level of $1200.
Here ETH also getting support from the black MA.
Candle close below the...
This idea is based on a crypto winter of approximately 12-months. There are all kinds of real possibilities and many depend upon a 4-year in the works upgrade to remove mining and replace it with proof of stake. Many are still invested in this software project and have steady diamond hands at the moment.
Assuming the winter is only a few more months is...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ETHUSDT
According to our previous analysis on June 19, we predicted a rising trend in that chart and now we see this has happened and then the price had a fall after that. Here we have R3 line which shows the unsuccessful attempts of the price in order to...
The price has formed a symmetrical triangle and is at the upper border in the accumulation of MAs. The nearest resistance and support zones are indicated for both scenarios of price movement after the pattern is broken
Currently, ethereum is in a bearish pennant, which is a clear signal of an even further downtrend. Looking at bitcoin reinforces that idea. Personally, I short here, expecting a bear market bottom for ethereum around $700-800.
As we can see in the chart, the price is on the support of the trend line, and if this range is broken, we have more fall to the support range, and otherwise, we will see the price growth with proper support.
Its not Buy or Sell SIGNAL
BY : Mohamad Teriz - @AtonicShark
As you can see in the picture.We are in a downward trend.Therefore, shopping in these areas is not recommended at all.We have specified a price range for you where you can make some purchases.This purchase is only to get some profit. Not a long-term purchase.Don't forget the profit limit and the loss limit.