ethbtc has been in the never ending channel of pain since Oct '22, but we think that's finally coming to an end. successful retest and reclaim of the April '22 low (pink box). eth looks great here, which likely signals the real start of alt season.
If you haven`t sold ETH at the top: As the cryptocurrency market navigates through choppy waters, Ethereum, the second-largest cryptocurrency by market capitalization, finds itself ensnared within a bearish formation known as a falling wedge pattern. This technical setup, coupled with broader market uncertainties, casts a shadow over Ethereum’s short-term...
Ethereum is bearish in the daily chart and can decline to $2,819, where price action will be very important. The ETHUSD chart has to push up to above $3,006 into the daily range zone towards $3,354, a critical daily resistance. A sustained price action that we see below $3,006 confirms the weakness, potentially triggering a bearish momentum targeting $2,597.
ETH bounced off the support level and broke the descending trendline to the upside. Bullish movement to $3200 is expected to happen.
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#ethereum #eth price may have correction continuation by retracing to orange box retest and support zone in MID TERM. Not financial advice.
Crypto Analysis (12th May 2024) ETHUSD Analysis On 1 hour timeframe , Price has created a 1 hour bearish FVG, indicating bearishness. Currently, price action is retracing towards the 1 hour FVG slowly, but hasnt tested it yet. There are 2 high probability scenarios that could play out. 1) Price taps into this bearish FVG and rejects created a 15 minute...
#PP in #ETH terms is down massively Either you believe this cute community memecoin is dead and should not be touched Or you are quite interested at picking up this coin which stars on it's own #DEX for pennies on the ethereum dollar You can also use Poorpleb to earn yield on 9inch . io Dex whilst you wait for it's recovery and the true altcoin bull...
Has been a long time since we've done a crypto fiesta! Time for a new one 🔥 Short-term view: Bears have the overhand since the second week of April. A lot of volatility both ways, but the bulls are failing to push back to 70k Long-term: trend is still bullish. We can correct more, but still expecting a new all-time high over the next months. A move below 50k...
Hello,Traders! ETHEREUM is going down But a horizontal support Level is ahead at 2832$ From where I believe we Are likely to see a bullish Rebound and a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Ethereum has recognized a significant support level where the current price is firmly holding, showing respect for this support. There's anticipation for a reversal that could lead to a bullish breakout along the trend line. If this breakout occurs, it's anticipated that the rally will persist towards the next swing high around the $3700 mark. The confirmation...
Ethereum ( CRYPTOCAP:ETH ) experienced a sharp price decline on Friday, following data revealing its underperformance compared to Bitcoin ( CRYPTOCAP:BTC ). Despite recent Wells notices to crypto firms, JP Morgan analysts predict spot ETH ETFs will likely be approved. The SEC's recent Wells notices to Robinhood Crypto, Consensys, and Uniswap do not pose a...
Bitcoin has been trading fairly neutral over the month or so. In the process, an inverse head & shoulders has been formed. This is classically a bullish reversal pattern. In my eyes, this could be the definitive pattern to shoot BTC back towards the ATH around 73.5k, potentially even making a new ATH. Note: the pattern has not been confirmed yet, so wait for the...
Hi, friends. Today i start my new ideas list on ETH market. So for now we have a big volume of bearish accumulation process. First bears target 3136. Major target is 2915.36. On every next volume signal i will write a new idea. And count our point profits together :) And dont forget. Its just my mind and nothing else. I trade this strategy and just show my...
Ethereum has reached a resistance range and is still moving under a downward trend. Considering the failure to break this resistance, we expect a price decrease towards 3000 and even lower towards 2900.
Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price some time ago declined to the support level, which coincided with the buyer zone, after which rebounded and tried to grow but failed and declined to the support line, which is located in the buyer zone. Then ETH in a short time rose to the seller zone and...
Indecisiveness persists in the intraday chart as Ethereum hovers around $2,992, an intraday support zone. 1. A bullish rejection of $2,992 with momentum could offer a scalping opportunity, targeting $3,166, $3,370, and possibly extending to $3,551. 2. Closing H4 candles below $2,992 raises the likelihood of a downside move towards $2,898 and $2,787. 3....
Hello everyone! If you enjoy this content, please consider giving it a thumbs up and following for more crypto updates. Welcome to this ETH/USDT Quick Update! The chart suggests a potential bullish continuation for ETH. It's currently consolidating within a falling wedge pattern, historically considered a bullish reversal sign. There's also good support around...