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Ethusdlong

ETHEREUM BROKE THE PATTERN BUT STILL BELOW THE RESISTANCE.Welcome to my Ethereum update in 4 hours timeframe. We have seen some bullish momentum in the market. Everyone is talking bullish about the market but just like BTC, ETH is still under strong resistance. In the last 32 hours, ETH has shown an 18% gain which is a strong move. The chart clearly shows a break out above the rising wedge pattern but ETH still needs to do a lot of homework. ETH is still under the resistance level of $3050 and $3400. These levels are important to break in order to confirm a bullish move. In order to confirm an uptrend or trend reversal, ETH has to go through a lot of resistance but for now, let's focus on the resistance levels mentioned in the chart. I honestly feel uncertain here but I am biased towards ETH reaching resistance 2 ($3400) soon. I may be wrong and get invalidated but I am taking my chances. What do you think about ETH? Where is it heading next? Let me know your opinion in the comments and show your love by clicking the like button. For more content, do follow. Trade safe.
BITSTAMP:ETHUSDLong
by Dexter_The_Trader
ETHUSD to MOVE LONGPress the Follow button for More Daily Detailed analysis. If you have any Questions, Please ask them in the comments section below. Here we have our ETHUSD chart again on the 1D. We have seen this asset rally in an uptrend fashion over the past Two weeks. Each time we have called it long and we are now reaching some comfortable support on Dollar Weakness amongst the latest FED news. Ethereum has seen a large boost in Buying power and we are looking to continue the trend. We have seen Recent price action which aids our longs bias. We can look to the north for an exit around our Previous highs Noted. Price remains in uptrend on the DAILY chart.
COINBASE:ETHUSDLong
by WillSebastian
2
Ethereum 1hr SupportEthereum - Intraday - We look to Buy at 2374 (stop at 2291) 2300 has been pivotal. We are trading at oversold extremes. Bullish divergence is expected to support prices. Our profit targets will be 2595 and 2615 Resistance: 2550 / 2600 / 2720 Support: 2370 / 2300 / 2160 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
SAXO:ETHUSDLong
by Saxo
ETHUSD 29/1/2022 4HRUpdate: we have seen continued downside momentum as discussed in my last analysis. I think we are beginning to get exhausted and possibly looking to reverse. firstly looking at this ascending triangle on the 4hr chart, we did see a bit of a fakeout to the upside before quickly breaking back down and hitting support. I am expecting to see another test of the support before finally pushing to the upside. might be a boring weekend filling out the range here or if we see a break to either direction it will be very volatile. keep in mind this pattern is on the 4hr chart so to stay in this range till Monday is very likely. my big target is breaking above the green price target or thick red line. you can see we perfectly tested it as resistance on the way down and was a perfect entry for a short position. so my alert is set for that I would probably look to get in a long position around the support area allowing a tight SL incase we see further downside. I think an analysis of the DXY is necessary to try and see where price is likely to go.
BYBIT:ETHUSD.P
by ryanc49
ETHUSD to go long..For More Daily Detailed Analysis, Go ahead and click on the follow button. Also please do ask any Questions should you have them, ETHUSD has seen a recent bottoming action On our Lower timeframes. After zooming in on the market we can see a small Head and Shoulders formation Looming. Remember, We are not simply looking for a pattern. It is the meaning behind it that is important.. This often happens when price bottoms out and forms the basis of a move back up, allowing us to get long for profit. If you move to higher Timeframes you can also see clear price rejection, adding to our long Bias. Look to exit at the eclipse symbol area.
COINBASE:ETHUSDLong
by WillSebastian
6