As we said in the previous analysis, we expected the price chart to break through the strong support zone of $1110 and continue its decline, which we saw happen. After this price drop, a descending triangle pattern is formed given that it is a kind of two-way pattern and we can expect any reaction from the market and if it can break the resistance range of $1091,...
As we said in the previous analysis, Ethereum could not cross its downward trend line (blue line) and change the trend and continued its downward trend. A slow pass will see a further drop to the $1064 range. Otherwise, if the volume of purchase is such that the price chart can break the resistance range of $1165, we will witness the activation of the upward...
As you can see, the price that was moving in an upward trend was able to break its upward trend line, which had a supporting role (purple line) (the area of the trend line break is marked with a yellow circle) and enter the downward phase. If it can break its downward trend line (blue line), you can expect an increase to the resistance range of $1284....
In this time frame, as we said yesterday, the $1050 range generated good support and the price chart continued its uptrend. But in the $1160 range, it has met with strong resistance and after several collisions, it has been rebouted and polbeked. If the purchase volume increases in such a way that the price can cross the resistance range of $1160, we will see...
In this time frame, the price is moving in an uptrend channel and after hitting the resistance range of $1160 enters the correction phase and has faced good support in the $1050 range and also EMA200 has created support in this range. The price is expected to continue its uptrend by crossing the $1160 range and going up to the $1285 range. But if it can break...
In this time frame, after hitting the resistance range of $1015, enter the correction phase and fall to its 0.5 Fibonacci range and form the pattern Rising Wedge This is a kind of continuing pattern and we expect further falls to the range of 0.618 and 0.786 Fibonacci. If it faces strong support in the $950 range, we will see the price climb to the $1015...
In this time frame, after failing to break the resistance range of its downtrend trend upwards, the support range of $1700 with momentum has gone up to $1100 and after hitting this support range is suffering in this range and is expected to enter the correction phase and go up to its 0.5 and 0.618 Fibonacci range. If it can break the $1100 support range with a...
In this time frame, the price is moving in a channel in the downtrend, and the ceiling range of the channel has created a resistance range and the floor range of the channel has created a supporting range, as well as EMA7 On the Middle Line Channel Resistance has been established and the price chart is expected to fall up to $1300. If the purchase volume...
In this time frame, the price after hitting the resistance range of $2960 momentum has fallen and hit the support range of $1700 and after several collisions has not been able to pass this range and the formation of descending triangle pattern which is a two-directional pattern. If the trend line breaks down one side , we will see a rise to the range of 0.5 and...
In this time frame, after the price has not been able to cross the resistance range of $1876, it has falln and after hitting the support range of $1725 enters the correction phase and is expected to rise up to the range of 0.5 and 0.618 Fibonacci. Otherwise, by passing the $1725 support range, we will see further falls up to the $1657 range. Resistance Range:...
In this time frame, after failing to break the resistance range of $1927, it collapsed and after hitting the support range of $1760, entered the amendment phase and formed the pattern. bearish pennant This is a kind of fallout pattern and is expected to fall to $1700. Otherwise, if faced with strong support, it is expected to rise to the range of 0.618 and 0.786...