Daily Chart Ethereum is trading in the bearish territory in the daily chart. It is having a rangebound price action between the key resistance zone around $3,409 (marked in grey) and a minor support at $3,200. Below $3,409 resistance, there is a high probability for a dip towards the key daily support zone of $2,781-$2,956. The price action with this zone...
A few members have asked me about my prediction for ETH in the bull run. I want to start by saying I don’t like to make these predictions because a lot of things can change over time, such as the ETH ETF gets approved or ETH could experience a string of bad events. But based on TA, there is a red resistance target to consider for this upcoming bull run that gives...
As I explained in earlier post. Target is huge for ETH. it clearly seems to go to $2700 without any good support
As per my analysis ETH will fall to $2700 in upcoming days. you can plan your trades as per proper risk and reward ratio
Since yesterday CRYPTOCAP:ETH has been showing more strength relative to Bitcoin, which is interesting since the spot ETH ETF was delayed yesterday and should have been bearish for ETH's price action. I think ETH is making some upward progress to the $3,944.66 price target discussed in previous updates.
Ether is showing a strong price movement, i think it may touch to $3500 easily and soon, before we see a downside move.
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line it will Reject from Fibonacci Level - 50.00% / 61.80% Break of Structure and Completed the Retracement
For Ethereum (ETH), there are currently several scenarios in play. The first involves breaking out of the current range, followed by a retest, and a potential move towards the 2352 level. The second scenario envisions a correction to a key trading area, followed by a push towards the 2352 level. Let's take a closer look at these possibilities.
Etherium has entered a notable support zone, prompting a discussion in this video regarding two potential trade scenarios. The first involves the market being somewhat overextended, presenting a potential buy opportunity as it interacts with support. The second scenario considers a retracement back up into resistance, offering a potential sell opportunity....
Yes I know it's bullish on paper but here's a contrarian idea to bring some perspective. What's do we see? (follow the numbers on the chart) 1) The high that's the base of the resistance trendline. 2) A breakout structure that presents sellside liquidity (potential target). 3) A major consolidation that gives a lot of sellside liquidity which to me is a big...
Ethereum perform a strong bullish pennant pattern inside channel up, and still in a strong bullish, If this pattern broken up, bullish target at channel up resistance around $2,789, with maximum target at bulllish pennant projection at $3,053 Right now, bitcoin still in danger zone, so trade with careful. If this pattern failed, we have fibonacci support at...
ETH is currently retesting the hourly resistance level which was a previous support we can build short trade at this point. Our target would be 2400 zone which is our buying zone for long term. keep trailing stoploss.
At weekly chart ETH is around 2500. 2100 is a major (weekly/monthly) support we can retest 2100 to 2200 level again in few weeks before bull run. 1st target would be around 3000 & 2nd would be 3500 weekly/monthly resistance.
ETH broke the resistance level & closed the daily candle above it. Waiting for pullback for new entery
Lately, ETH has displayed a strong bullish trend. This video thoroughly examines and dissects this trend, closely analyzing price movements and identifying potential trade prospects by assessing various scenarios within the weekly and daily timeframes. Anticipate an in-depth exploration of price behaviors, market formations, trend assessments, and critical...
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed Impulsive Waves " 123 " at the Daily Resistance Level creating Corrective Pattern " Triple Top " in Short Time Frame. We have Rising Wedge as an Corrective Pattern in Short Time Frame with " ABCD " Corrective Waves Entry Precautions : Wait until it Rejects / Breaks from Resistance Level
Following the bounce of daily fibs level, ETHUSDT has consolidated on the 4 hour timeframe. I am planning for a scalp entry upon breakout of consolidation. The 2 price-range indicators are my entry and TP levels. Entry on the 1hour or 30min candle. Good luck!
ETH is marching through its bull channel showing great support at the 30EMA and holding its ground in the resistance zone. It appears the bounce off of support has lost momentum. With Bitcoin also stalling at Weekly Support, it leaves some questions open. How do we trade this? We should be long in a bull trend until we have reason to doubt the trend will...