Financial Wave. ETHWe have slightly corrected our priority scenario in ETH. After breaking through the level of $1330, the next ascending wave (v) the target is at the level of $1368. We allow a correction in wave (iv) if it is not completed, but the price shouldn’t t fall below $1277. A price drop below this level will cancel our scenario.
Ethtrading
Financial Wave. ETHEtherium
In previous reviews, we showed our priority scenario for ETH with a target of $1300, in fact it can be considered fulfilled and we have introduced updated growth targets, the wave structure is moving ETH to the next targets of $1380 and $1450. A price drop below $1150 will change our view.
ETH/USDT - Writing On The Wall? 📉Looking at the $ETH daily chart, things are looking quite bearish.🐻
$700-800 remains our target "bottom" in this range as $ETH just bounced off the downward channel as illustrated.
We pointed out a potential crypto dip the other day looking at the $BTC charts, and it seems to be playing out. 🔮
Do you think we get a small relief bounce here on $ETH? Or is it "look out below" until $700-800? 🤔
Either way, we're big HODL buyers at those levels long term.
-TucciNomics
Chief Overlord, AlgoBuddy
The What Where and Why..As we have seen news reports of ETH whales piling in the price has rallied significantly over the course of today.
On this move you will have a choice. Do I EXIT now whilst there is money to be taken OR do I wait.
Well the answer is simple. Markets have NO ETA. But what you CAN be sure of is that you are going to make money.
So when you are holding and holding just remember.. You can be SURE of profit when you are out and you can RE buy when the price dips anyway.
Just a little helpful tip... (PS.. It may take a while if you are going to wait for the WHOLE move).
Trade Light.
ETH ANALYSIS#ETH UPDATE.
#ETH is currently trading in symmetrical triangle and ascending triangle with blue-yellow lone as the support.In oredr to move upwards ETH needs to close above the blue resistance zone however a close below the blue-yellow support will result in another dump for eth holders.
Ethereum mid-week swingAs we bounced off this resistance we had a pullback but we should see another push to break the resistance.
If we are able to break above the resistance we should see a retest then could be on our way too $3,500 towards the end of the week.
On the other hand, if we get a sell-off we may retest the bottom trend line, retest the upper resistance then could see a pullback too the $3,100 range which would send us into a Consolidation phase this week.
ETH ready for $34KWe just broke above the Bearish trendline with a slight retest, next we may see a push towards $34K as we go through the weekend. Also taking a look at the RSI it indicates we've touched a nice trend line here which could send us on an Uptrend.
If we do hit the above resistance at $3,315 we could hit a reversal & fall back too $3,110 which would fall to the top of the previous Bearish trendline which we just broke above.
ETH too $3,200 heading into FridayWe are currently in a strong resistance line & what we see unfold tonight will be a strong indicator of how our Friday morning will go.
If we are able to break through this resistance we may be around $3,200 heading into Friday morning, but if we do test this resistance then fall below it we would see a retest followed by more consolidation on Friday.
EthereumJun to July and August 1 week been still in long term range (sideways)
Probability of going up depends bon how the marked zone act and holds
If it holds this could good swing trade
ETHUSDT (1H CHART) Flag PatternETHUSDT (1H CHART) Technical Analysis Update
ETH/USDT currently trading at $1934
Buy-level: Above $1950 (Buy after breakout)
Stop loss: Below $1880
Target 1: $1978
Target 2: $2031
Target 3: $2141
Target 4: $2219
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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ETHUSD Trending Inside The Bull FlagHello everyone, if you like the idea, you can support with a like and a follow.
We are trending inside a bull flag, waiting to break out to hit the top of the big ascending channel that we are in.
For the short term most probably we will see a retest of the broken trend line (yellow line).
When the bull flag breaks:
To the upside, the target is 2275$
To the downside, the target is 1800$
And don't forget protect yourself with proper Risk Management.
Information provided is only educational and should not be used to take action in the market !
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post, have a great day !
ETH/USDT - Bullish W pattern. What will be next?Trend analysis:
- As you can see from the ETH/USDT daily chart, we are currently on the bullish movement because of bullish W pattern (Ellipse on the chart), which created good start and opportunity for testing new price highs. Price of Ethereum is moving upside for testing resistance level (Price zone: 1817). As a trader, I would recommend you to put short-term buy position to resistance level for making some profit and after it leave the market. After it we need to be prepared for looking correct signal for long position.
Chart pattern:
- Bullish W pattern (functioning)
Technical indicators:
- RSI: There is no overheat on daily chart (Neutral)
- MACD: MAs are prepared for up movement + get closer to each other (Bull signal)
- BB: Volatility increased after range movement (Bull signal in long term)
- MA (10,20): MA10 is going rapidly upward then MA20 (Bull signal)
= Bull movement in long term
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P.S.: Information provided is only educational and should not be used to take action in the market.