ETH1! trade ideas
Ethereum ETH - CME gap close not unlikelyEthereum ETH - CME gap close not unlikely (see green boxes)
The bottom of this gap correlates with the highest volume on the day before the gap
Specifically $1.757 would be the target for this gap close
What do you think dear Crypto Nation? 😎
Drop me a nice comment
*not financial advice
do your own research before investing
#Ethereum wow ethereum has shrunk so much
I think I am going to start a new chapter in my own personal book-
that I will release one day to the public- my story about bitcoin. from
the creators thoughts and trials.
bnb and ethereum need to get pumping- hoping some people feel the same shortly- and help build the market again- once we are out of this recession. even though people dont want to admit it.
Potential Bearish ContinuationOn the H4, with price moving below the ichimoku cloud, it supports our bearish bias that price will drop from our sell entry and overlap resistance at 2117.0 in line with the 23.6% fibonacci retracement to our take profit at the swing low at 1728.0. Alternatively, price may break our buy entry level and rise to the stop loss and overlap resistance at 2272.0 in line with our 38.2% fibonacci retracement.
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April 22' CME Micro Ethereum Stopped At Resistance!April 22' CME Micro Ethereum Futures' advance was halted at the 50% Fibonacci Retracement level (3544)
Old resistance around 3222 (.382 level) has now become support and NEEDS to hold in order to keep the bull trend alive.
If this fails, I could see it falling to the 2650 area, which would be the last line in the sand for the bulls.
-Paul Wankmueller
Apr 22’ CME ETH Futures Hits Fib Level!The Apr 22’ CME ETH Futures contract is currently hovering at the 50% Fibonacci Retracement (Drawn from the Nov 17, 21’ high of 4920 – Jan 24th 22’ low of 2160)
This is an area of resistance. If Cleared the .618 retracement of 3868 would be the next logical level for ETH to trade.
Ethereum ETH - CME future gap as resistanceEthereum - CME future gap as resistance...
Some people believe in the gap theory - some don't.
For those who believe - the gap occurred between $2.945 and $2.889.
Let's see how ETH price will behave at that gap.
But further correction likely since RSI is quite high ATM.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing