Buyethereum
Ethereum priming for MAJOR upside target 2 at $5,421Symmetrical Triangle is forming on the daily.
There is also a Cup and Handle in the middle of it confirming upside along with a strong uptrend line.
Target 1 hit at $3,527 with the previous W Formation. So now we can expect the next target $5,421.
Uptrend (Check)
Target 1 hit $3,527
Target $5,421
Ethereum testing a very strong supportEthereum has some big swings intraday but multiple timeframe analysis suggests its not mere noise. Price is testing a weekly bullish reversal pattern. Its best to be patient and allow this minor downtrend to cease and form a newfound support level. If an uptrend begins at these lows, Targets could be steep considering where the potential neckline is if a double bottom is to form on the daily.
Buying Ethereum once moreEthereum is on its journey of creating many higher highs along with bullish reversal candlesticks to initiate the move. The Daily has retraced to a key level on the daily chart. This is our first signal to go long. A morning star on top of structure and support. The 4H chart will inform us on whether price is still retracing bearish or if its time to get in long NOW.
Buying Ethereum at a Low is a good ideaThe Daily did not confirm its Bearish Engulfing from the 38.2 retracement level. Which tells me that a potential reversal is underway. Especially after a daily hammer and intraday the 1H HAS CONVERTED AN INVERTED HEAD AND SHOULDERS. This is important to our bias change from overall bearish to short term bullish. The 4H hour is in line with this move by the fact that it broke a minor swing high. or a lower high. This buy set-up can be clearly seen on the 30min as well as the 1hour timeframe.
Ethereum is going in an expanding triangle pattern#ETH is going in an expanding triangle pattern, it is very likely that #ETH will drop to the $1180 price area and sideway in this area for about 1 month before rising again to complete the extended triangle pattern.
About daily candlestick analysis: today's close has formed a Bullish Engulfing pattern, which is an optimistic signal to help ETH recover
ETHEREUM important buying zoneHey Colleagues,
Today we came across ETHUSDT. We see a great opportunity for this coin to show some bullish candles in the coming period around 3180 Level.
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Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ETHUSDT LongHey traders, in today's trading session we are monitoring ETHEREUM for a buying opportunity around 2.4 k zone, once we will receive any bullish confirmation the trade will be executed.
a lot of traders will wait for more dips, but in my opinion whales won't give you prices you're waiting for.
Trade safe, Joe.
ETHUSDHey Traders, in the coming week we are monitoring Ethereum for a strong buying opportunity around 3997.34 zone respecting the bullish trend in combination with the strong daily demand zone, once we will see any confirmation we might consider executing the trade. Keep an eye on BTCUSD too as you know the strong correlation.
Trade safe, Joe.