#ETH ▪️Now we are holding on with our last strength above the level of $1050+, I think they can play tricks and merge in an instant. If we trade above the purple line, I will consider a $1250+ takeaway. 🔥Subscribe to the channel, get notifications about signals!🔥
Hello everyone. As we can see channel trend was broken sending ETHUSD higher. A bullish Divergence identified. Can be happy placing long in relief rally on basis of peaked inflation from the fed. Let me know your opinions.
ETHUSD Daily neutral with a bearish bias. Recommended ratio: 35% ETH, 65% Cash. *IMPORTANT: If ETH breaks down below $775.83 support then it will likely retest the uptrend line from February 2017 at ~$300 for the first time since July 2020. If this happens, it would imply that all of ETH's value after March 2020 came from Covid-19 stimulus + 0% interest rate...
eth is still looking a little weak, low volume with resistance over head. i do expect one of these 2 paths though if we can break the 4hr 50 ma. (yellow line) if this inverse h/s pattern does play out then this will be our next target.
Quick rejection to send us below the dashed line (uptrend average) and back to pattern support. This support trendline can be slightly adjusted to help determine further momentum (above vs below) which could possibly occur after current H1 close. If correction continues look for similar PA to that of the prior bottom. For bullish continuation see yesterday's post.
ETH is currently still holding the V bottom pattern on the daily and 4 hour charts (as of 6/22/22). If it continues to set higher lows and higher highs, that would likely signal that the bottom was in.
For all those who are wondering what the state of crypto is.. After the large fall prices have slowed due to a break in sentiment. The fall is likely to be Priced in and there is NO positive impetus to the upside. This is what Dawdling price action looks like and you will require better Entry CONF as we discussed for BTC. Again, its likely this will come as...
Ethereum Intraday We look to Sell at 1248 (stop at 1301) Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Daily signals are bearish. There is no clear indication that the downward move is coming to an end. We look for a temporary move higher. Bespoke resistance is located at 1250. Our profit targets will be...
ETHUSD has formed a cup-n-handle pattern in 4 hour chart. The last 4h candle has just been closed above baseline line of ichimoku.
Hi traders, it seems that cycles 1 and 2 are formed with a monthly degree, and most likely wave 2 is corrected between 78.6% when the zigzag pattern ends or the price of 804.54 ends and then starts moving upwards (this analysis I was with 2 years of experience)
Ethereum has sold off with the rest of the crypto market, but is maintaining the broad range between $1017 and $1235. We were running into resistance below $1235, confirmed by red triangles on the KRI, and were unable to even reach $1235 or even $1200. Currently, we are finding support in the low $1K's, and we anticipate $1017 to hold as a lower bound. The...
Rising wedges on both ETH and BTC , these patterns have have high success rate , best to wait for the breakdown out of wedge before going in but since I have caught this at the top of the wedge I will go in now.
Pivot Point: 1110 Currently: Resisted at 1056 and retraced back to 994 Reaction: Consolidating at this 1173 level , its next support zone is at 1228 I just started sharing my daily technical analysis of Metals & Forex Market with my indicators on tradingview~ Wish to receive some feedbacks from you! 😊 Btw you can feel free to use our designed indicators!!! Just...
ETHUSD Weekly neutral with a bearish bias. Recommended ratio: 35% ETH, 65% Cash. *(Short-Term) Bottom Watch. Cryptos are seeing a relief rally after a majority of them have now seen 80%+ drawdowns (ETH is down -82% from November 2021 ATH). A more dovish stance from JPow tomorrow may be bullish but with new home purchases going down and inflation continuing to...
Analyzing Bullish trend for ETH USD after observing series of HHs and HLs Buy Stop at 1168.00 Stop Loss at 1093.00
ETHUSD possibly will create a HnS pattern, we can buy in the area that has been determined with the target at 1283.74 - 1250.55.
A $16.5k price may be in the cards if the 16/17 fractal plays out. This double bottom could be in and a steady climb into 2023. Patience is key. GL Holders.
COINBASE:ETHUSD on an intra-day look. Yesterday we had a 3 Drive into 1185 now im looking for a possible move down towards 1000 again before the next move higher. If we can get an AB=CD down that would set the buy side up nicely. I hope this helps. Enjoy the day. 👍👍