Ethreum
Ethereum's next moveHello guys...
ETH makes a double ascending parallel channel and had been hunted the last higher high, forming a three-drive pattern.
it broke down three-drive patterns and from my point of view, it is going to touch the bottom line of the channel.
before my opinion, do your research.
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ETH - Same trend as beforeCOINBASE:ETHUSD
4h time frame
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ETH did break out the ascending channel we mentioned before.
We can notice a similar trend in Nov 2022, which reached ~1070.
I think we shouldn't go back to the box if this is a healthy correction, the ceiling of box is 1355, which has strong support.
BTC Versus ETH Total Value LockedThe TVL or "Total Value Locked" indicator is great
It is the total value locked in the DeFi staking protocols and represents the amount of assets deposited by the liquidity providers
Despite the almost recent Change of Direction for ETH, it is still WAY behind the King of the Pack
The Real problem we have with ETH now though is the ability for a Corporation to continue to buy ETH in such quanaties as to have a "majority share", as we currently see with LIDO
What is Lido
Liquid staking project Lido beat major crypto exchanges Coinbase, Kraken, and Binance as the biggest staking pool for Ethereum in 2022.
Bitcoin, However - PURE AS THE DRIVEN SNOW
BUY BITCOIN
The EMA colour codes are
light Blue -20
Red - 50
darker BLue 100
Yellow 200
Could ETH be about to suffer a rejection ?? THATS the purpose of this post.....Watch this..It is very telling about Price direction
ETH/BTC - UP, DOWN, MOONI think ETH in pair with BTC will correct a little bit more and will move up in next few days. After finishing correction I would like to see some reaction on the support marked on the picture and ater some period of accumulation huge move towards upward band of the channel what would mean we will do wave V, the last one in this bull market.
ETH, VOLUME GROWTH=WHALES INDICATOR!Ethereum(ETH). The TOP 1 altcoin fell 12% after renewing local highs!
Locally, the price is now in a bearish trend. The support zone of $3042-3185 has stopped the DUMP!
It is possible to open long positions after false breakout and volume growth. The LOW volumes show that the liquidation of LONGS and the collection of SL by WHALES have not happened yet.
Mid-term target for the long will be the area of $4000-41050. On the horizontal volumes there is resistance at these levels.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ETH/USD - Altcoin season or Fakeout? $3,000 is Key! 🙄ETH has touched, yet again, the $3,000 resistance. If we look at the indicators, particularly MACD, it would appear, at least on the 3-day timeframe, that this chart may turn bullish.
MACD did a bullish cross when price was on the support line and since then we pumped nicely to the key resistance at $3k.
RSI is moving higher, as does the OBV... However.
Volume continues to decline and this half-assed pump does not bring enough confidence. ETH has to explode above $3k on massive volume, turn this level into support and then run.
Any other scenario is likely bearish.
Hence, I have reservation and as the price action stands now, ETH is still in a range between $2,500 and $3,000.
Don't get excited until we break above.
Bias remains neutral for now.
We could consolidate longer in this range as well, which would be bullish the longer we do it I would say.
I would be careful though. Bear markets can last 1-2 years, not 3 months! A fake pump and then a significant dump is also possible.
Check MACD on monthly, ETH is about to do a bearish cross! BTC already did it... That is not good.
Alas, we will find out.
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ETH, what to expect from the BIGGEST altcoin?Ethereum (ETH) has broken the long-term trend line and price is trying to change from a downtrend to an uptrend.
A good indicator of a bullish trend is a test of the trend line as support. This indicates the buyer's presence. We can also see that the price has reacted to a large value zone and bounced from it.
We are waiting for further growth of Ethereum and reaction of other altcoins.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.