*log scale* ETHEREUM ran into major downtrendline resistance (red, see the picture below)... ...and then dropped to the support confluence (cyan area created by lime and white uptrendlines). We are approaching the apex of triangle📐 created by lime uptrendline and red major downtrendline so the decision point is coming. If the cyan area support doesn't hold, we...
Hello everyone. In this analysis, I'd like to review several essential charts regarding Ethereum and discuss its potential future price action. The first chart is the one above, showing how ETHUSD formed a triple top that has now been broken. We don't know whether this is a proper SFP and will lead to lower prices; however, we need to be aware that it could. The...
Ethereum is forming rising wedge heading into S/R zone 1200-1220. Price being compressed, approaching the apex. ETH should break either way soon. More chances to the downside imo. Let me know your thoughts in the comments. Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not...
Ethereum is currently in this down channel right now. I have marked all the important support zones. Although eth is very bearish right now, you might DCA at/ above support levels. Cheers. ~Nav
Here is my view for ETHUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
ETHUSDT Technical Analysis update ETHUSDT currently trading at $2880 Ethereum formed a symmetric triangle in 4h timeframe, and volumes are slightly increasing, we can expect an up move in ETH. Swing trade setup Long Entry : $2800 - $2900 Stop loss : $2575 Target 1 : $3200 Target 2 : $3500 Target 3 : $3750 Target 4 : $4000 Always keep stop loss Thanks Hexa
Ethereum just dropped to strong support level 2780-2650. It's confluence of trendlines and market structure. Let's see if it holds. If not another support is 2050-1950. ETHBTC also at long-term uptrendline support. I rather expect bounce than breakdown. Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm...
Hello everybody According to the chart and previous analysis, the trend of the movement price is upward and we are in correction but the market do the trader bored and this is exactly the market maker want to happen that the trader sell the portfolio of the coin and get out of the market. Be consicious guys dont sell your asset in these price and hold it the...
$ETH 1D BUY signal. Ride the wave. Not financial advice.
Hello fellow traders and hodlers, It would ETH has decided for the time being that it will bounce off of the support line as it has done multiple times this bull market. It would seem for the time being Ether will continue to hold this support. This is not financial or trading advice and is intended for educational purposes only.
Will ETHER spring off support or fall off the cliff. This is a great question and I don't have a crystal ball, but I am watching for any weekly closes below the red support channel. If we close below it we could have some more red days ahead. I hope we spring off into October to new all time highs. Keep an on this chart and don't be afraid to take profits and stop...
Published this way back around 1400$ on twitter, but ETH is still following the BTC 2017 fractal. Off course the moves won't be the exact same, especially with black swan events like COVID, but I tried to illustrate this as simple as possible. What I'm expecting next: - 6k in September - 4k retest in October - 10k in November - 20k+ in February at the end of...
I took a look at the Bitstamp ETHBTC chart and noticed that this current price action is almost identical to the one that played out in January of this year. As a matter of fact, we are at the very end of the fractal which suggests that next moves will be bullish. These are not always crystal balls, but patterns like to repeat themselves. Perhaps it's a glimpse of...
Hex has historically been in similar positions before breaking to the upside
Overall ETH and BTC are less bullish atm. we might see more downside. if you want to play it safe - open the 1W chart and wait for the next week to flip green (still 4.5 days to go). I think it is wiser, from risk management perspective to pick up ETH for the long term, after BTC flips 0.5 fib from resistance to support! This can be a failed rally and ppl will...
ETH is overcooked and oversold. RSI is over 80. ETH has overshot daily EMAs and almost looks parabolic. So? Buy the dip. If we're LUCKY we could see a 2021-capitulation-fib-0.382 retracement bounce. I doubt it will go there, but the 0.5 is more possible and a convergence of the daily 21EMA over the coming week is even more likely than that. I put bids on all...
All-in Short 🔻 Double: RSI Resistance, Channel Resistance 🔴 KEY POINTS: - RSI is strongly overbought - Momentum hit RSI Resistance - Price Action hit Channel Resistance - Machine Learning (Artificial Intelligence, Linear Regression) says upcoming Resistance - Chart Pattern: This Technical Indicator Variation worked 100% in the past We've opened short. All-in.
ETH has tested support on this orderblock and if it successfully breaks resistance I'm looking price action to hit the 2400 level, if that level is flipped support targets can extend to the previous high of the range at 2900. Keep in mind that ETH has it's event this month and the age old story is....Buy The Rumor and Sell The News. Take care everyone, have a...