ETHEREUM is on a corrective mini-phase. How low can it go?It is possible that ETH is replicating a pattern of its previous Cycle that eventually led to its market top. That is the green Triangle formation of March - September 2016. What followed after was a corrective mini-phase outside the Triangle that extended for roughly 9 - 10 weeks and only found Support on the previous Low.
This time Ethereum broke above the green Triangle and started its corrective mini-phase from higher ground. The 1W RSI sequences of the two fractals also illustrate that. Since we are already on the 9th week of trading outside this Triangle, could it be that ETHUSD is approaching its new market low?
The comparison with the previous Cycle certainly shows that some phases may not be as aggressive as their respective ones of the previous Cycle. Take for example the rally that followed the market bottom phases (blue Triangles). The one that followed the October 2015 bottom was much more aggressive and quick than the one that followed the March 2020 bottom, which was less aggressive and lengthier.
Do you think the correction will be extended to the low of June 2021 or are we near a bottom already?
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Ethsignals
ETH EXPECTATION IN THE NEAR FUTURE Technical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 1 Downtrend in red color
We have 1 Uptrend in green color (Internal Uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Good luck everyone, stay safe!
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ETHEREUM NEAR FUTURE ANALYSIS (1HChart)Technical Analysis Summary
ETH /USDT
TREND ANALYSIS
We have 3 Downtrend in red color (1 Long term 2 internal)
We have 1 Uptrend in green color
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow Daily Support Level is a level already tested and is not an entry level I added it only for explanation purposes but it could be a reversal level.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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ETHUSDT 1HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH /USDT
TREND ANALYSIS
We have 1 Downtrend in red color
We have 1 Uptrend in green color
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow Backend 4H level is a level already tested and is not an entry level I added it only for explanation purposes.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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ETHEREUM Entries + Exits FOR FREE!The ENTRY/TP zones are your entries as well as your exits.
Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break.
Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule.
More info on the strategy and how to play it:
How To Play The Chart Entries/Exits:
Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
All likes/comments and feedback are very much appreciated! Thank you to all of those who support me on a weekly basis, it really does mean a ton to me!
ETHERIUM EXPECTATIONS IN THE NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH /USDT
TREND ANALYSIS
We have1 Downtrend in red color
We have 3 uptrend in green color (LONG TERM AND 2 INTERNAL TRENDS)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content benefitial please dont forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
ETH/USDT 1HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color
We have 1 internal uptrend in green color
The wider the trend the stronger the trend (I use thickness)
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Be careful trends need to be modified when broken to the new peaks.
The yellow are level that have already been tested I am drawing then just for explanation purposes.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Exercise Proper Risk Management
Etherium (ETHUSD) 1HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
ETH/USD
TREND ANALYSIS
We have 2 UPWARD trend in green color
we have1 downward trend in red
The wider the trend the stronger
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
What next for VET?The four-hour chart shows that the VeChain price has been in a relatively steady bullish trend in the past few weeks. The coin has risen by about 81% from its lowest level in September. It is now approaching its key resistance level, which was also the highest level in September. At the same time, the coin has moved above the 25-day and 50-day moving averages.
Therefore, in my view, the outlook of the VET price is a bit neutral at the current level. A bullish breakout will be confirmed if the price manages to move above the resistance at $0.1570.
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ETHUSDT Technical Analysis⏳ Spot
💎 ⏳ Spot
💎 ETHUSDT has been moving along the ascending channel. After the breaking above the significant resistance and retest it is expected to continue the Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 4025.00 - 4172.00
☕️ TP1 4595.00
🍺 TP2 4877.00
🍻 TP3 5151.00
🍾 TP4 5555.00
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 3860.00
Good Luck 🎲
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ETHEREUM Entries + Exits FOR FREE!How To Play The Chart Entries/Exits:
Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
All likes/comments and feedback are very much appreciated! Thank you to all of those who support me on a weekly basis, it really does mean a ton to me!
ETHUSDT Technical Analysis
ETHUSDT has broken above the resistance and has been moving up along the ascending channel There might be a small Pullback but the direction is up.
Leverage 10x 20X 25X 50X 75X
⬆️Buy now or Buy at 3198.87
⭕️SL @ 3137.00
✅TP1 @ 3250.00
✅TP2 @ 3280.00
✅TP3 @ 3310.00
✅TP4 @ 3340.00
✅TP5 @ 3400.00
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
ETH Entries + ExitsHow To Play The Chart Entries/Exits:
Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 30 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
Ethereum - this could be the best area to buy!!! 🤑🤑New update on ETH. On the Ethereum chart, we see that the price broke the important $2.177 level, closed above, tested it as support, and went up. Locally, we also see a trend line, which prevents prices from declining and is strong support. If the price corrects to the area marked below, it could be a good time to buy with the targets marked above!
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade