After liq sweep from previous month high, we can noticed a bear pressure with LTF structure shift. This is good set-up to find short enter.
The main target will be an eq lows at 1500
Not a financial recommendation
Have a good profit)
welcome to this free and educational multi-timeframe technical analysis.
From a weekly perspective Ethereum and the whole crypto market is looking like it is potentially slowly starting the beginning of the next crypto-cycle.
On Ethereum specifically it seems like the market just wants to head higher and create a very bullish long term double...
Hello and welcome to this ETH/USDT chart update by Crypto Sanders.
I have tried to bring the best possible result in this chart.
Chart Analysis:-As we can see it is trading inside the rising channel. We expect Ethereum once $1560 to be $1575.
This is not a piece of financial advice.
Hit the like button if you like it and share your chart in the comment...
Hello everyone, I invite you to review the chart of ETH in pair to USDT, on a four-hour interval. First of all, using the blue lines, we can mark the uptrend channel in which the price is currently moving.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see we have the first support at...
Price is currently bouncing off the support area around $1,650. MACD is showing bullish weakness, RSI is bought and EMAs are bullish. Price needs to close below $1,625 in order to aim for short term bearish movements.
We are seeing ETHER forming a large bullish pattern which, by textbook rules brings us to 8350. But I believe blow off top could fomo wick us substantially higher with the coming bull run FOMO... You heard it here first! TO THE MOON!
ETH has been running within channel between 1550 and 1680 for the past few weeks. ETH is now forming Cup and handle pattern. If it connivingly breaks resistance at 1686, expect to long ETH. Take entry after breaks resistance. TP1 and TP2 at Fibonacci levels mentioned. Stop loss should be at current support of 1550.
as I mentioned,
in my previous analysis, the price hit the target
Based on the chart, the price is close to the green trend line and the support zone ✔️📖
we can see more gain 🚀🚀
we can see more correction to lower support level ❌🧨
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour)...
Hi dear traders
We can see shooting star 🌠 candel and bearish divergence between price and RSI.
Be careful for long position.
Possible that price bounced to support area near EMA20 and then rise to liquidity area 2000.
Many resistance ahead of ETH.
Attention for fundamental news of FOMC tomorrow.
Waiting ✋for daily candle close.
Let's see what happens
Remember that trade idea I shared about Bitcoin preparing for a $3,000 to $5,000 jump in a single day?
This possibility is also highly probable for Ethereum, which now looks ready to grow by $1,500 to $3,000 in a day or two.
Not tomorrow or after tomorrow but an explosion that will produce big long-green candles.
We have the strongest consolidation ever with...