Ethereum management revealed the launch date of Ethereum 2.0 is September 6, 2022. What will happen after? Wedge pattern
Ethereum management revealed the launch date of Ethereum 2.0 is September 6, 2022. What will happen after?
ETH currently in a descending wedge since August 2022. It has respected both support and resistance several times. Playing out a possible ABC correction, now in wave 3 (5) of wave B to the upside, the upper resistance will be tested again. Look for a breakout above this to a possible 1800 target, then a FULL blown retracement in the final larger wave C to the...
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♛ If you don't have a lot of time just read the synopsis at the end ♛ Analytically: Trends and fundamentals suggest positive outlook in spite of macro worries. This could be Ethereum's time to shine! Let's dive into the effects the merge will bring forth on Ethereum and liquid staking providers. Specifically, we project Ether’s deflationary issuance and...
Window dressing is a strategy used by mutual fund and other portfolio managers to improve the appearance of a fund’s performance before presenting it to clients or shareholders. To window dress, the fund manager sells stocks with large losses and purchases high-flying stocks near the end of the quarter or year.
In this weekly chart,ETh must hold the green support zone near wma200 @1260 for the cup & handle pattern tp play out. BULLISH SCENARIO: ABC has ended with wave C bottomed at 883 & a new EW cycle begins with a cup & handle holding the1260 green zone & a BO of wma20 is coming. BEARISH CASE: A wave 5 of C is still in the making which may make a double bottom near 883...
Continued ETH Long to daily BB middle $1,710 as long as ETH can overcome the daily 15 EMA resistance of $1,615 within the next couple of days. Further resistance levels are $1,710 (BB middle), $1,755 (top of green log curve zone), and $1,800 (KC top). Technicals - ETH Daily MACD shows continued upward momentum ETH Daily Stoch blue is no longer oversold....
It's the time of the bearish trend for all cryptocurrencies. The crypto has been in a continuous downtrend since early November 2021. Perhaps we are at the beginning of the end crypto! "Europe must ban Bitcoin mining to hit the 1.5C Paris climate goal, say Swedish regulators"
The double top appeared on the weekly chart, which means the beginning of a trend reversal. Today the price fell below the $ 4,000 support level. This is a good sign of confirmation of a downtrend that has been going on for almost 1 month now. In the medium term, we should expect a price of about $ 400.
Today, I'm talking about some essential price moves in this video about the Ethereum Price technical analysis! Prediction for Ethereum's price! It seems that someone is going against us buyers, or they just protected their profit either way. We are in this to gain some gains of our own. Therefore, I am going to HOLDE a bit more and shopping while ETH is on Sale....
ETH on the 4h starting to put work in on the right shoulder of a Head and Shoulders pattern. With a breakdown of the neckline target would be 1.1k-1.2k The head and shoulders patterns are statistically one the most accurate of the price action patterns, reaching their projected target almost 85% of the time once break out is confirmed. It would take an extra...
ETC appears to have broken out of the LT triangle correction, since this break out doesn't look impulsive yet I'm ruling it an ABC bearish move up which can hit $72 into Oct before another big sell off. If the C wave up leads into a786% correction of the ABC move then I'd rule that sell off as a wave 2 and the ABC would be a W1. Let's see
TODAY - TRX DAY? TRON on day trading seems interesting. #Main markets are still bear - Manage your risk and this is not finance advice.
As you can see, a shooting star has appeared just above the 50 MA. After a solid run it failed to break the down trend also. This is a strong bear signal. I will be setting a short. Thank you all for reading. Good Luck
There is a lot similarities to previous accuulation patterns mainly in huge channels. ETH loves to double the price since bottom (like 1 - 2 k just in few months from the bottom). It's possoble we will get quite quick move to the mdian of the channel around 2.7-8 k, big correction there and few months of accumulation when BTC should react much better and btc.d...
Three things to keep in mind : We're retesting broken support , we almost hit strong level in BTC dominance and we have to break ribbons because as you can see it works fantasticly