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Ethusdtrade

ETH/USD SHOULDER HEAD SHOULDER SET UP buying pressure emerged today right around the 156.54 level, representing the 38.2% retracement of the appreciation from 123.72 to 176.82. If the pair is able to resume its upward trajectory above current price activity, additional upside price objectives include the 186.60 and 198.05 areas. Below current price activity, downside price objectives include the 154.57, 150.27, 149.31, and 144.00 levels. Chartists are observing that the 50-bar MA (4-hourly) bullishly remains above the 200-bar MA (4-hourly), and that the 50-bar MA (hourly) is bearishly converging with the 100-bar MA (hourly). Price activity is nearest the 50-bar MA (4-hourly) at 155.65 and the 100-bar MA (Hourly) at 167.94. Technical Support is expected around 156.77/ 153.22/ 149.31 with Stops expected below. Technical Resistance is expected around 177.39/ 196.54/ 206.29 with Stops expected above. On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.
BITMEX:ETHUSD.PShort
by MavRich_Trading
2
ETHUSDT - analytics of corrective price growth!Good day to all crypto fans! Let's analyze where we expect the price of ETH in the near future? Locally, the ETH price completes the corrective movement in the fourth wave, followed by the local fifth wave. Levels are marked on the chart. After which, most likely there will be a slight correction to the level of 142.42 and subsequent growth. Price moves in an upward channel in its lower part. It is indicated on the chart. Punching and fixing above the level of 150.45, the price will go to the level of 169.30 or the middle border of the channel. According to the indicators on the hourly timeframes, the local corrective movement may continue. The fourth wave is often heavy and unpredictable. On the daily timeframe, the upward movement is not yet complete. Therefore, upward movement to the levels marked on the chart remains a priority. Cancellation of the upward movement is a breakdown and consolidation below the lower boundary of the channel or level 139.20. Thanks to all my subscribers and readers for your attention! 🙏Your likes and comments motivate me to give you more accurate information and analytics. Success and profit!🤑 Don’t leave without like and comment, and if you liked my analytics sign up and you definitely won’t miss anything! Disclaimer! I do not give entry and exit points. I share with you my opinion and ideas, which may differ from yours.
by CryptoYanina
5