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Eth-usdt

🔥 Ethereum Keeps Falling: Head & ShouldersSince Jan 6th, ETH appears to be in a complete free fall. Investors are dropping ETH and moving their funds mainly to BTC or other alts. The current bearish trend is strong. However, the $3k level might offer strong support. I'm not expecting this to hold as long as BTC keeps dropping. In the case we can close the week below $3k, I think there's more pain to come. Target for now would be around $2650, which is the neck line of the head & shoulders pattern. If anything, I'm expecting a bounce from that area. Not sure if we can bounce all the way back to $4k, but some bullish price action is expected nevertheless. Happy trading!
by FieryTrading
13
Entering Buy ZoneETH is retesting support of the previously broken resistance line, as well as support at the 200 EMA. Selling momentum is exhausted and ETH is entering what I consider my Buy Zone. Bullish divergence on the 4hr chart leads me to think we will get a soft bounce, but we'll quickly see resistance from the 100 EMA and the support-turned-resistance line. I'm interested in averaging in here, but not quite ready to go in with a heavy position. Let's have an amazing 2022! ------------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following. Thanks!
Long
by mercury_rising
ETHUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in a daily time frame. As you can see, the price can form a cup pattern and move towards its first resistance. But if it can not break its first resistance line, we can see a re-fall to the support line, and if it stabilizes above the line, we can see an increase in price to the second resistance line. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
by MarsSignals
2
🔥 Ethereum's Last Line Of DefenseJust like Bitcoin, Ethereum is experiencing a lot of weakness over the last couple of weeks. However, ETH is still technically in an uptrend. However, if this bullish trend line breaks, we might face further downside, potentially even the start of a bear market. Today, all eyes are on the FOMC meeting. With bearish news, we will see further downside and trade bearish along stocks, potentially close the week below the trend line. In case of a bullish reaction, it could be the catalyst for a substantial bounce from this trend line. In case we close the week below this trend line, we'd be looking at $3000 to hold. Happy trading!
Editors' picks
by FieryTrading
49
MULTI YEAR CUP AND HANDLE! Breakout Coming TARGET $3+ HOLD ON!Tron and many other older cryptos are in this massive multi year cup and handle. TRON looks like it will hit around $3 or more on this run before correcting and consolidating. This is a good possible buy in opportunity at these levels. Good luck and happy trading. This is not financial or trading advice just my opinion. If you like my ideas then give me a like and a comment and follow me for more frequent updates. Also if you have a chart you would like me to look at then let me know. Thank you.
KRAKEN:TRXUSDLong
by Bitgolder
4
ETHUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in a 4-hours time frame. As you can see, the price is supported after hitting the bottom of the channel and the support line. We have a resistance line ahead that the price can reach, and if it can stabilize above that, it can move to the next resistance area. But if the price drops completely below our first support line and goes outside the channel, we can expect a drop to $3,390. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
Long
by MarsSignals
ETHUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in a daily time frame. As you can see, the price is moving inside the uptrend channel and is currently close to below the resistance line. It is possible that the price will correct after hitting the resistance line, so people who are on profit can save their profit, and if it stabilizes above the resistance line, we recommend to enter the trade for the channel ceiling. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
by MarsSignals
2
🔥 Ethereum Macro UptrendWith the crypto market looking a bit bearish as of late, it's always a decent idea to zoom out and take a look where we are on the macro scale. When looking at ETH, we can deduce that we're still in an uptrend. Furthermore, this week's bearish move seems to have found support at the lower bound of the channel. Most bullish case would be for the price to see a strong reversal and bullish bounce, just like the last few times we hit this specific channel's support. In case ETH will break bearish and fall through the support, we might face further downward pressure, potentially targeting $3500 before finding new support. However, the bullish case is more likely in my view. Not sure if we're going to hit the top of the channel, since that would mean a $15k - $20k ETH value, but a nice upward trend is to be expected. Happy trading!
Long
by FieryTrading
10
🔥 Ethereum Successful Bounce: Recovery IncomingA few days ago I made an analysis on the bearish move of ETH and the incoming support area from $4200 - $4000. As expected, the $4k level proved very resillient and has caused the massive reversal which we can see today. I'm expecting this dip to be bought up very quickly, this train will not stop until we reach the $4300 - $4350 area. After we reach the target area, bulls will have to prove themselves and that this is not just a consolidation phase within a bigger downtrend. Happy trading!
Long
by FieryTrading
12