Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
On our recent #ETH's analyze we mentioned the possible buy zone at $4K and it just reached and surged to $4400 where it's currently moving.
Now #ETH has formed a symmetrical triangle...
Price is moving inside an "Ascending Channel" in Ethereum .
From the end of July-21, we can see also that on the daily chart the price is moving in a clear uptrend.
From November 08, up to now, the price was in the correction that could finish only if we see it moving higher above 4,900.
If the price will find resistance near the top we can see another move...
As we said before price below this red trendline and resistance zone here is still bearish or we can expect more range but the possibility of breaking this resistance zone now increased and only after the breakout market is again bullish here.
Also, strong supports are mentioned on the chart too.
DISCLAIMER: ((trade based on your own decision ))
In our last ETH analysis we were looking for a rejection from the structure level at 4530 as we were expecting one more move down before the next bull run.
Price rejected perfectly and came down to retest the 38.2 fibonacci and a structure level (as indicated in the chart)
- Risk entry now and stops below the 38.2
- Targetting the ATH as first...
Good day everyone!
Hope all of you are keeping well, going through this pandemic. Both physically, but also mentally. Having to cope with hyped-up, nervous governments that are going above and beyond to tighten their grip on it's population.
Luckily we can focus on something far more positive and above all, more important.
Today I would like...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price is moving inside the uptrend channel and is currently close to below the resistance line. It is possible that the price will correct after hitting the resistance line, so people who are on profit can save their profit, and if it stabilizes...
Hello Traders I hope you are well and safe. Today am Discuss #ETH/USD For Short.
Here is a Full Analysis of #ETH/USD. When price Test Supply Area then the Nice opportunity for short.
If you have any query then leave a comment.
Thank you Traders For your Support Like and Follo
ETH again could not break the downtrend in 4H candles and it seems bearshi to the 1st support line (red)
If somehow it breaks the line and close the 4 h candle above the line then we might think long position but otherwise it seems bearish
Just personal idea not financial advise
Here's a quick Look at ETH 8 hr chart. As we can see, the price has been forming a bigger descending triangle and we could see a bigger break to the upside soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the descending triangle with good amount of volume ....
I feel ETH will eventually take the #1 spot from the tattered BTC. But, that is just a side note. My current personal opinion on ETH and where we could go. At the moment it would appear that we have completed the bullish crab (even though we could test the HOP down in the 37s if we can't break out of this downward trend) and have formed what could be an alt bat...