It looks like we have a FLAT pattern on the chart. Wave B of this flat is a diametric, now the wave e of this diametric is over and the price has entered wave f of B. We expect such a move from Ethereum in the medium term. The target is the green box. Closing a 3-Day candle above the invalidation level will violate the analysis. For risk management, please...
ETH ~ 8H 📈 #ETH Make purchases gradually in this pattern, with a minimum target of 15%+. this is a bull pattern on a smaller timeframe.
H4 - Bearish trend pattern followed by a pullback. No opposite signs. Until the two strong resistance zones hold my short term view remains bearish here.
🐻 Bear Flag Formation: The chart shows a bear flag pattern, outlined by yellow lines, suggesting a potential continuation of the downward trend after the consolidation. Watch for a price rejection at the upper trendline of the bear flag before a possible move down. 📐 Fibonacci Retracement Levels: Critical Fibonacci zones are plotted: The 38.2% level at about...
Ethereum was unable to break bullish through a minor daily resistance of $3,531 and the price pushed to the key support at $3,275. A bearish break-out of $3,275 will push ETH price lower to $2,800. ETH has to move bullish and break through $3,8 in the daily chart for another bullish extension towards $78,223-$82,353. Boost once read! Thank you.
Ethereum is struggling to break bullish through a minor daily resistance of $3,531, which could be interpreted as a sign of weakness. A bearish rejection of $3,531 will push Ethereum towards $3,275 and, if broken to the downside, lower to $2,800. ETH has to move bullish and break through $3,8 in the daily chart for another bullish extension towards...
Ethereum sentiment in the daily chart turned to neutral. A bullish break-out of $3,275 and a sustained price action above this level will send ETH price towards $3,837-$4,054. A sustained price action below $3,275 will push Ethereum price towards $2,800. Intraday Chart The ETHUSDT 4-Hour chart is strongly bearish and broke down through key...
Hello Traders, welcome to today's analysis of Ethereum. -------- Explanation of my video analysis: After the expected break and retest on Ethereum in 2022 we already saw a quite nice continuation towards the upside. Right now Ethereum is approaching the previous all time highs and there might be the possibility that we will see a short term retracement. On...
- i am far to be Elliot Wave expert and to be honest i am not a fan. - there's a lack of precision and EW can be extended. - Don't forget that the real name is " Elliot Wave THEORY ". - included a Fibo Analysis + Trend Analysis + famous bubbles. "The Elliott Wave Theory is a form of technical analysis that looks for recurrent long-term price patterns related to...
🏃♂️ Ethereum has been moving in an Ascending Channel for over a year . 🏃♂️At the moment, Ethereum is moving near the 🔴 Heavy Resistance zone($3,580_$2,960) 🔴 and the upper line of the ascending channel , which we can see the reaction to this zone well in the daily candle . 💡Also, between two consecutive peaks, the Regular Divergence(RD-) between ...
Ethereum has reached the Resistance Zone at $2,850 and has shown the first signs of resistance. Should we enter a short? How do we trade this? 🤔 The conditions are such that we should be looking for a short entry. We have three pushes up since the start of the last bull leg from $2,200, a strong Resistance Zone at the current price, and an RSI that is...
Hey everyone! 2023 turned out to be a great year, as expected! 2024 shaping up to follow similar footsteps. ETFs are providing an on ramp for traditional finance money to enter the space, with the ETFs accumulating over 9B of capital in under a month. As I was doing HTF analysis on ETH, this fractal comparison came to light. Since I've seen it, I can't...
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves and Rejecting from Daily Demand Zone or Fibonacci Level - 38.20%. Break of Structure and Completed the Retracement. Break out of Upper Trend Line of Consolidation Phase to make Fake Breakout. Strong Divergence in RSI
Ethereum retraced to the Support Zone, following the rest of the crypto market in a pullback. Now that ETH is on the Support Zone, can we expect a bounce? How do we trade this? 🤔 I think it is probable that we get a bounce back up to the Daily 30EMA, but I do not believe ETH will break it. We may have witnessed the first leg down in a 2-legged pullback for ETH...
We have good confirmations that the structure has become bearish, because after the bearish CH, we also had a bearish iBOS. The ascending movements are weak and in time dimension. It is expected that we will have a drop from the marked supply red box towards the green box. Note that if you have followed our analysis before, we have had a diametric for Ethereum,...
I've previously mentioned in an ETH trading idea that the Bitcoin ETF approval would be a 'buy the rumor, sell the news' event for Ethereum as well: Now we observe a continuation pattern with bearish Elliot Wave price targets. Elliott Wave Theory is a technical analysis approach that attempts to identify and predict market trends by recognizing recurring wave...
Don't panic, this was expected. It's not the end of crypto, it's just a healthy correction that we need once and a while to justify a rally in the future. Price cannot always go up even though we wish it was that easy. What is on the charts? (3 steps) 1) The consolidation that had us wonder what was going to happen. (Again we forget that there is also option...
Ethereum has shown great signs of bull strength as Bitcoin and the crypto market burn hot into this bull run. The time for entering longs on the higher timeframes has likely come to an end. So is it time to short? How do we trade this? 🤔 ETH does not have any sell signals yet, but we did just break into a major resistance area at $2,500. With four pushes up,...