Looking at the chart on the four-hour time frame, we see that Ethereum encounters resistance at the previous high of $ 1945 and that we can now expect a pullback to better support on the chart at a Fibonacci level of 78.6%. If we find support there, then we can set our target at $ 2000 for Ethereum. The break below that Fibonacci level leads us to moving averages...
Following the graph, we see that after the break above the upper resistance line on the four-hour time frame. We encountered the following resistance at $ 1890 at 78.6% Fibonacci level. The price has dropped to the current $ 1800. We are now testing a 61.8% Fibonacci level. as additional support, we have moving averages MA20 and EMA20, and below them await us...
Following the movement of Bitcoin on the four-hour time frame, we see that the resistance is again at the psychological level at $ 60,000 for Bitcoin. The break was made above the upper resistance line, but Bitcoin gave up again and made a smaller pullback. Here we can expect potential support as we are also testing moving averages of MA20 and EMA20. The break...
On the daily time frame, we see that the pair has had good support in the moving averages of the MA20 and EMA20 for a long time. Based on that, we can very quickly expect a break above the psychological level at 1.30000. After the break above, we look at the following targets. Our first is the previous high at 1.32000, and a little above it and 1.33111 from...
On the daily time frame, we see that the pair has been moving in a bullish trend since the beginning of the year. Following the moving averages, we see that the MA20 and EMA20 made a break above the MA200 and EMA200 as an additional sign of a strong bullish trend. By setting the Fibonacci retracement level, we see that we first jumped out of consolidation at 23.6%...
If we look at the four-hour chart, we will see that Ethereum made a break above the resistance line and is now at $ 1830. After the break, we also got the support of moving averages from below. Our next target is the previous high at $ 1945 before we approach the $ 2000 zone again. There are currently no bearish characters on the chart, and for now, we are going up.
Following the chart in the four-hour time frame, we see that Bitcoin has made a break above the falling line of resistance, climbing to the current $ 59,000. It looks like we're going to test the $ 60,000 level for Bitcoin again. Moving averages are on our bullish side, and based on them, and we can conclude that the continuation of the bullish trend is evident in...
We see that the MA20, EMA20, and MA50 have moved to the bearish side on the daily time frame, giving us a sales signal at least to the bottom trend line or the MA200, EMA200 longer-term support on the chart. The UK's good economic performance is not of much help as the dollar is too strong with rising yields on US bonds. The rapid vaccination of Americans and the...
On the daily time frame, we can use Fibonacci retracement levels. The first thing we see is that the pair made a break below the 23.6% level at 1.19500 and continued down to 38.2% level at 1.17000, where we can expect potential resistance on the chart. We also have an upward trend line below, and as the pair gets closer, we can expect it to slow down and do some...
Looking at the chart on the four-hour time frame, we see that Ethereum managed to consolidate above the moving averages and moved to the bullish side. Our first target is $ 1800 for Ethereum, then we expect a break above the upper trend line at $ 1900, and then we focus on $ 2000.
Looking at Bitcoin in the four-hour time frame, we see that there has been a break in the upper trend line after consolidation around the price at $ 56,000. With the Fibonacci setup, we see that Bitcoin found support at the 38.2% level, and with the support of moving averages, it went up by 23.6% to $ 57,300. We will likely test the previous high at $ 59900, and...
Looking at the chart on the four-hour timeframe, we see that the pair found good support on the moving averages MA200 and EMA200 and that the pair have now climbed above MA20, EMA20, and MA50, again catching another potential bullish momentum, looking at higher levels on the chart. We look at 85.00 again. For the bearish scenario, we need a stronger break...
Looking at the chart on the four-hour time frame, we see that the pair finds support at 0.75500, making a turn upwards with the current support of the moving averages MA20 and EMA20. Above our first hurdle is the MA50 at 0.76000 and then the MA200 and EMA200 in the 0.77000-0.77300 zone. From above, we can set the trend line by connecting the previous highs, and it...
Looking at the chart on the four-hour time frame, we see that the pair is consolidating closer and closer to the level of 1.30000, and now again, there is a possibility to see a break above that resistance. The break above us leads to 1.31000. otherwise, if we see rejection, the pullback lowers us to 1.29000, where we are supported by moving averages MA20 and...
On the four-hour time frame, we use Fibonacci retracement levels, and based on that, we see that the pair reached 61.8% levels at 151.00. Since the bullish trend is, we can expect it to continue towards the 78.6% level at 151.70. The pair again gets support for moving averages, especially by crossing the MA50, and for additional support, the MA20 and EMA20 need to...
On the four-hour time frame, we see that Ethereum is below all moving averages with support at 38.2% Fibonacci level at $ 1577. Where after that, we see a smaller pullback approaching the smallest moving averages of MA20 and EMA20. Based on the last couple of candlesticks, we can be a little optimistic about continuing the bullish trend. As such, our first target...
on the four-hour time frame, we see that the pair is in a smaller bearish trend. The price has dropped below the moving averages of the MA20, EMA, and MA50, and we are now testing the MA200 and EMA200 at $ 53,388. We can also adjust the Fibonacci retracement level and based on that. Bitcoin is now testing a 50.0% level with a potential continuation towards lower...
On the daily chart, we see that Ethereum is testing the bottom trend line, which may be a potential subspecies, but still, the bearish scenario prevails for now in the next short term. We can assume that if we see a break below that line, the bearish trend will continue even maybe to the price of $ 1000. It is best to wait a few days to see if we will confirm the...