Ethereum is on the green or rather in the green zone between $1754 and $1457, still hesitating to advance further. Technically, the requirements for completing the current movement are thus fulfilled. However, we expect the cryptocurrency to ideally hole wave 2 in green around the middle of the green zone. This done, Ethereum should turn upwards, aiming for the...
Negotiators from Democratic and Republican parties finalized an agreement on Sunday night. Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the...
The Gaussian channel is turning green! Price is moving up slowly but for now it has perched itself above the middle line which is a really good support. ETH may continue to move up as the channel continues to turn.
ETHUSD on this Monthly timeframe shows higher lows sitting just above the top of the channel. If we are able to recover and hodl this Monthly upper line the bulls are still on for the long term. Higher lows present.
Ethereum - 24h expiry - We look to Sell a break of 1783 (stop at 1833) Short term bias has turned negative. Posted a Double Bottom formation. A break of yesterdays low would confirm bearish momentum. Short term momentum is bearish. Short term RSI is moving lower. Our profit targets will be 1663 and 1643 Resistance: 1840 / 1860 / 1880 Support: 1815 / 1785...
Potential reversed level as analysis on chart Stay prepared
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Ethereum already broke above a major previous weekly support/resistance area at the HKEX:1900 level. You can also see that as we are speaking, Ethereum is retesting this previous resistance which is now turned support, market...
An inverted H&S structure with the suggestion that the right shoulder is yet to form I would expect a recovery for the shoulder somewhere in the lower half of this channel (1) is the shoulders (3) is the head (2) are also a key part of the pattern, id call them the arms
Since we are coming to the end of February in 4 days, I felt the need to do this analysis. I think the critical level for Ethereum in the monthly timeframe is $1828. This is because the moving average is at that level. I think that Ethereum, which has always followed this moving average in history, will follow this moving average again this time. The monthly close...
$ETH has unlocked new highs not seen since Aug 2022, with recent 17 days range breakout and retest looks a good long to target $2000. And this is ETHBTC, such move has the higher probability: I will keep updating this in here, so make sure you follow me.
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Ethereum is actually breaking above a major previous weekly structure area exactly at the psychological HKEX:2000 area. You can also see that weekly market structure is massively bullish, in my opinion the bottom of the bear market...
What’s up traders. In today’s trading idea, we discuss our thoughts on Ethereum. Taking a look at the Daily chart, we’ve mapped out a few key levels & zones. The story for Ethereum will be similar to our previous post on Bitcoin, in terms of where we think the 2nd largest crypto is headed. If you haven’t heard, the Ethereum network is about to undergo the...
- Sometimes the lines we see are unclear and difficult to understand. - Trading is some kind of art where u are trying to paint the future. - No one is born a great trader, one learns by trading. Happy Tr4Ding !
ETH / USD TA Here we are looking at a quick TA for Ethereum. We are currently following the widening wedge pattern which is highly bullish at these levels. Stay tuned!
Ethereum is reaching out to complete wave 1 in green and still has got some room to rise. As soon as the respective high is established, though, the cryptocurrency should turn downwards and head for the green zone between $1607 and $1424, where wave 2 in green should end. With this low secured, Ethereum should then resume the ascent by developing wave 3 in green....
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Ethereum is currently retesting a quite obvious previous weekly resistance area which is now turned support so I do expect at least some continuation towards the upside. You can also see that we do have a next strong psychological...
Ethereum - 16h expiry - We look to Buy a break of 1857 (stop at 1807) Our short term bias remains positive. 1843 has been pivotal. A break of the recent high at 1843 should result in a further move higher. Our outlook is bullish. There is no clear indication that the upward move is coming to an end. Our profit targets will be 1977 and 1997 Resistance:...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe Ethereum just recently perfectly retested and also rejected a quite obvious previous weekly resistance area which was turned resistance once again. You can also see that we are currently retesting weekly support and it seems like the market will close...