Ethereum trend contraction fan, the main target is the upper white line resistance, the key target is the lower white line support
Ethereum has reached a valid supply, it is expected that this supply will reject the price towards the targets. The targets are clear on the chart. A liquidity pool is forming below the price, which is expected to break soon. Closing a daily candle above the invalidation level will violate this analysis and view. For risk management, please don't forget stop...
CRYPTOCAP:BTC has been outperforming CRYPTOCAP:ETH this entire cycle. If Ethereum does not outperform Bitcoin by the end of it, consider it good as dead next cycle, akin to Cardano. Clearly consumers have flocked to Solana for dApps, and Bitcoin is the store of value, which leaves very little room for Ethereum to carve out its own niche as they both continue...
ETH on the 4 hour is breaking down. This is a good place to take a short position.
The Ethereum chart highlights a robust uptrend that started early this year, peaking in February before entering a consolidation phase. This pattern indicates strong buying interest followed by a phase where traders and investors are assessing their positions. Key Technical Observations: Resistance Levels (R1 and R2): The first resistance (R1) is at $3,430.29,...
Reasons why: ⬨ Hidden bullish divergence ⬨ Tenkan-Sen's slope shows strong momentum higher ⬨ Cloud is very thin ⬨ DTO is at support 🎯 2024 Targets: $5,283 & $7,686 Things to look out for as continued bearish warning signs: 👉 The DTO falls below the zero line and remains below for more than four days 👉 There is a daily close below the Kijun-Sen
United States Ether exchange-traded funds (ETFs) posted net inflows of $106.6 million on their first day of trading. Ethereum (ETHUSD) saw the massive inflows led by BlackRock, Bitwise and Fidelity overcome the outflows from Grayscale and that may have set the tone of a new ear of growth for the market. Much like Bitcoin's ETF launch back in January, ETH may see...
Rumor has it that ETH ETF trading will start tomorrow If memory serves, with the start of BTC ETF trading, the price of Bitcoin 💰 rose briefly, and then a 2-week correction followed... And then there was a without correcting rise #BTCUSDT price from $40 to $70k We model approximately the same scenario on the OKX:ETHUSDT chart As long as the CRYPTOCAP:ETH ...
📊Analysis by AhmadArz: this analysis for jumping ETH to BTC in low support ... just wait for give zone .🚀 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
📊In the W1 , we had the same movements that caused the price to stop in those levels , and according to the past chart, we can expect a stop at the 3300$ and 4470$ levels in the next price movements, which will lead to a deep correction. 🔗 For more communication with us, send a message in TradingView.
Analysis by ahmadArz📊 ETHUSDT This chart represents the Ethereum to Tether (ETHUSDT) pair on a 4-hour timeframe. The analysis of the chart includes several key price levels and potential price movement patterns. 1. **Key Price Levels:** - **$3950.23**: A strong resistance level where the price has reacted in the past. 📈 - **$3720.77**: Another resistance...
Influence on ERC20 Products ETH’s influence on ERC20 products like YFI can be seen in several ways: Liquidity: ETH’s large market capitalization and liquidity provide a foundation for ERC20 tokens like YFI to tap into, enabling efficient and reliable transactions. Smart Contract Interoperability: ETH’s presence ensures that smart contracts, including those for...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- I think that the cause of the large volatility in the investment market is various political, economic, and social causes that affect the investment market. Therefore, I look for various...
Evening once again fellas, Don't be surprised to see ETH to hit this within the next year. It won't stop once it starts taking off. Trade thirsty.
Hello everyone. I suspect that Ethereum might correct to the $2,800-$3,000 range. The drop could be around ±20%. Market makers might want to execute one last shakeout of long traders before initiating alt season and a bullish run. Don't forget about projects like Hamster Kombat, which could bring 100-200 million people to crypto exchanges (rumor has it the...
BINANCE:ETHUSDT is ending the sell-off phase. Buyers have held a strong support area, forming an intermediate bottom. The liquidity capture led to a rebound, which can move into the phase of the uptrend continuation. Fundamentally, the main focus is on ETH-ETFs. Earlier traders were positive about the initial rumors of approval, now the important milestone is...
With the Ethereum ETF decision just days away, ETH has made a massive breakout play in an effort to front run a positive ETF outcome, the approval of VanEck and ArkInvest/ 21Shares ETH ETFs on the 23rd & 24th May respectively. In terms of price action and charting this is how I see it. Now that price has broken out from the downtrend and hit the Bearish OB as...
The rise from the excellent CPI lasted for 10 days, and Biden’s quit from the next presidential election continues the bull trend. The pricing for CPI has ended. The market has once again entered a macro cooling period. We don’t think PCE on Friday will change anything. The next important macro event will be the FOMC release at the end of the July. Although it is...