Ethereum, ridiculously oversold - $2.5k soon - April 16th, 2025Currently Without Worries has a higher timeframe “short” opened on Ethereum since $3800. It was not popular. (see idea below - By the way, 32 likes 2.7k views? You want me to keep posting or not?! Like to let me know otherwise off I go!)
Corrections in price action are never in a straight line, jus
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About Ethereum
Ethereum — the world’s second-most famous blockchain network — is a platform for creating decentralized applications based on blockchain and smart contract technology (a command that automatically enforces the terms of the agreement based on a given algorithm). It's the chain that birthed DeFi (decentralized finance) and started the NFT craze which saw billions of dollars pour into cryptocurrency. Safe to say, it's one of the big dogs.
Turns out the Spring did Sprung, Wyckoff updateIf you read my trading plans in other posts..this month has been a good month.. but sometimes its better to NOT trade and just add on the dips. I went in and out many times. Took some shorts that stopped out. Fortunately i caught getting back in Long each time around where i jumped out. Usually
ETHEREUM is close to a break in the TRIANGLE (LONG)ETH is likely forming a symmetrical triangle on longer timeframes, a breakout can go either direction depending on market sentiment and volume. Posts on X and technical analyses suggest Ethereum is nearing a critical breakout point, with some analysts eyeing a potential bullish breakout due to histo
ETH is fighting in a strong resistance zone!Hello everyone, I invite you to review the current situation on ETH. When we enter the one-day interval, we can see how the ETH price came out on top from a strong downward trend.
Here we can see how the current bounce brought the movement closer to a very strong resistance zone from $ 2,090 to $ 2
Continuation TriangleThe price has formed a triangle pattern as a result of a continuation from a bullish impulse, we have the breakout followed by a pullback and now the price has broken out of the pullback trendline, which signals an incoming bullish impulse
time to go long
WE ONLY TRADE PULLBACKS
Ethereum Daily View – Tracking Wave C in Action
On the daily timeframe, Ethereum is unfolding within the early stages of Wave C, following the completion of a flat correction pattern.
The price has completed Wave (i) and appears to be in a corrective Wave (ii) targeting the 0.5–0.618 retracement zones (around $2366 to $2485).
Upon completion o
Ethereum Weekly Structure – Potential Completion of Wave BOn the weekly chart, Ethereum appears to have completed a corrective Wave B inside the larger flat structure.
We are now monitoring the beginning stages of Wave C downward, following the major B top.
Immediate resistance levels are seen around $2366 and $2485 zones (0.5 and 0.618 retracement).
Ke
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Displays a symbol's price movements over previous years to identify recurring trends.