Ethereum has been outshining Bitcoin recently, just as we anticipated. A significant breakout is looming on the Ethereum-Bitcoin chart, heralding what might be the beginning of Ethereum's rapid ascent, outpacing Bitcoin in the days, weeks, and even months ahead. Following the Bitcoin ETF approval, analysts like James Safart from Bloomberg are now evaluating the...
Ethereum has been a star performer, crossing the $3,300 mark, showcasing our accurate market predictions. From advising a strategic short position before $5,000 to recommending a timely buy-in below $1,000, our Ethereum strategies have been spot-on. The recent breakthrough from a significant wedge pattern, on its third attempt, marked a pivotal moment, affirming...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) What is important is which direction it deviates from the Fibonacci ratio range of 0.5 (3097.94) to 0.618 (3548.07). However, since the HA-High indicator was formed at the 3321.30...
Data from cryptocurrency analytics platform Santiment has revealed that so called ‘Shark’ addresses on the Ethereum blockchain have over the past year stockpiled over $6.2 billion worth of the second-largest digital currency by market capitalization.these addresses are defined as those holding between 10 and 10,000 ETH, or between $17,500 or $17.5 million worth of...
ETH/BTC flaunting a potential bottom ETH/BTC bounces from the bottom of our box and is attempting to reclaim the 200 week SMA at present, also challenges diagonal overhead resistance. This is a serious congestion zone & one has to wonder...are the lows in? A move above 0.065 would leave us with all three supports (200, long term diagonal and box base. PUKA
The Misleading Rising Wedge on Ethereum Over the past few weeks a prominent trader who I admire has been adamant about Ethereum forming Rising Wedge, which is a bearish reversal pattern. I disagreed with this view but acknowledged the concern raised as any reasonable trader would. However, It caused me a bit discomfort as I have a large position in Ethereum...
We have the ETHBTC buy signal. We have some upside for ETH both in USD and BTC valuations over the next few weeks. Holding ETH will pay off. This is consistent with the past movements of ETH prior to the BTC halvings. We also have the macro potential ETH ETF event. Strong confluence of bullish events. I put my ETHBTC levels and projections on the chart.
Venus square Jupiter , it' s an hard aspect but, venus is in aquarius. Tech must arise. Not an easy prediction. By the way, #ETH is seriously flipping #BTC . NOT FINANCIAL ADVICE.
Technical analysis Ethereum is bullish, but do not be too much excited about it. Buying at the current price is simply not worth is as per my technical analysis. We can see that the price of ETH created 2 unfilled Fair value GAPS below the current price. Usually these gaps tend to be filled sooner or later. Wait for the uptrend to end and then take a fibonacci...
#ETH The price moves in bullish waves on a 1-day frame We now have an upward trend in blue that we rely on, and it has been touched We have a strong support area in green at the 2150 level We have buying momentum on the MACD indicator With stability above the moving average of 100 Entry price 2265 First target 2486 Second goal 2767 The third goal is 2993
ETH/BTC chart indicates that we have some more ways to the downside in ETH BTC valuation. I will be accumulating under 0.045 level. We have a blood diamond on the weekly chart. If history repeat itself, it should take us down to the golden pocket zone below 0.045 level before gaining enough strength to go higher. This aligns with the BTC.D action in the near term...
Recently, ETH has successfully consolidated above the critical resistance zone, which is now expected to serve as a robust support level for future price movements. This transition from resistance to support is a bullish indicator for market observers. The technical structure shows a clear 'First leg' that has already paved the way for positive momentum....
ETH has formed a Bullish Flag within a bullish Flag. After breaking above the resistance it can continue go to up 🔵Entry Zone 2780.00 - 2766 🔴SL 2737 🟢TP1 2950 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future...
ETHUSDT Technical analysis update The ETH price broke through an ascending triangle pattern on the weekly chart, potentially indicating a bullish move. Price possible to touch the $7,500 level before the end of 2024. We recommend entering the trade using the spot market. Buy Level: Below $2750 Stop Loss: $2,150 Regards Hexa
Technical analysis Ethereum is very bullish, the price went above the trading range, which is a strong sign of strength. We want to wait for a retest of the trading range, do not FOMO in. Make sure your entry price is good! We can see that the ABC correction has been completed and we have already started a new impulse wave. This is my quick update on ETH. Let...
Scenario 1 (High probability): As you can see in the chart, BINANCE:ETHUSDT has formed a nice Flag pattern and heading towards the next support. If ETH follows this flag support then we are looking at ETHs Next support around 2k I hope this flag pattern fails and ETH shows some bullish momentum. However sometimes correction are best to get more accumulation and...
If you have a look at BINANCE:ETHBTC pair then you can clearly see that we are about to have a Golden Cross in rsi in Daily Tf.. If this happens then would fly soon... What do you think about this scenario??
So far so good, the trade is in profit and out SL is at breakeven. However, Many people did not get first entry, is now a good time to add to longs? time will tell.