Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum ( ETHUSD ). The chart is self-explanatory. There are many bearish signs so be careful when considering to trade Ethereum. Included in the chart: Support and Resistance Lines, Ichimoku Cloud, VPVR (Volume Profile Visible Range), 50 Simple Moving Average, 200...
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock/Crypto coins to take a retest after the breakout, it may also...
Here is my view for ETHEUR on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello friends, today you can review the technical analysis idea on a 1D and 2D linear scale chart for Ethereum (ETH). I am showing the comparison of the 1D and 2D chart for Ethereum focusing in on the RSI (relative strength index). It has been over a year since the RSI on a 1D chart has been in the oversold region. The RSI on the 2D chart is about to reach...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETH). The chart is self-explanatory. Ethereum price recently broke down from a Rising Channel inside the Rising Wedge it is currently in. The target move brings the price down to the 0.382 Fibonacci Retracement area. The RSI is currently meeting the resistance...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD), a cryptocurrency. The chart is self-explanatory. Ethereum price is currently trading in the Fibonacci Golden Pocket zone and in a high trading area of the VPVR (Volume Profile). The Ichimoku Cloud shows green clouds for upcoming support. RSI also...
Hello friends, today you can review the technical analysis on a 4H linear scale chart for Ethereum (ETHUSD), a cryptocurrency. 1) The Ethereum price currently broke down from the Symmetrical Triangle Pattern it was forming. 2) If price does not get back into the triangle, it may be supported by a Multi-Month Support Trendline. 3) If that support trendline...
Hello friends, today you can review the technical analysis on linear scale charts for Ethereum ( ETHUSD ), a cryptocurrency. Quick Analysis: 1) The left two charts are showing a 2017-2018 and 2021 Ethereum chart with similar timeframes. The 2017-2018 chart shows a dip in the price followed up by consolidation before a blow off top. The same fractal seems to be...
Hello friends, today you can review the technical analysis on the 4H (hourly) linear scale chart for Ethereum ( ETHUSD ), a cryptocurrency. #CryptoPickk noted in the chart: 1) There is a multi-month trendline which the Ethereum price has come close to touching or has bounced off. 2) When the trendline was formed, the price was below it and it was serving as...
Hello friends, today you can review the technical analysis on the 1D (daily) log scale chart for Ethereum ( ETHUSD ), an altcoin cryptocurrency. When reviewing this chart, keep in mind it is on a macro perspective and not looking at the day to day activity. #CryptoPickk noted in the chart: 1) The Ethereum price has been in a Parallel Channel since the end of...
Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Ethereum ( ETHUSD ), an altcoin cryptocurrency and the second largest by Cryptocurrency Market Capitalization. #CryptoPickk notes the following: 1) Ethereum price formed a multi-month Cup and Handle Pattern which broke out at the end of October 2021. The re-test of the...
On Friday I shared an Idea on an Ethereum buy. The strategy in using our EDGE trend following script. The script has been set up to work a simple 1:1 RR ratio and look to take snippets out the ETHUSD instrument. Fridays idea can be seen below Friday's Idea went on to hit take profit target and since then a short position presented late last night which...
ETH seem on Bullish trend, strong support on EMA 50 TF 1D, strong demand area, still on bullish channel. The next target is 5356 for new ATH. What do you think guys? feel free to comments.
A double bottom is happening now on ETH chart. After it breaks the neckline then you can see the price target on chart. I wanna mention that price has broken 200MA (Bullish).
Ethereum's situation is much better than Bitcoin that's for sure because ETH price is still moving in an ascending channel Right now price is in the bottom of this channel and it has support, It's important to keep it. Let's not forget, ETH is the mother of altcoins.
Hello everyone! ETHUSD is about to form an Inverted head and shoulders pattern, commonly seen on crypto market for the last time. Might also drop to $2290 where it will trigger another buy option.
If Ethereum repeats the pattern that we saw after its peak in 2018, we might be in a bear market until August 2022, where the price might stabilize at around $850. In 2018-2019, during a period of almost 1.5 year, the price dropped by -88% until the bear market ended, which makes it not far fetched to believe that a drop by around -80% in the price can happen...
Recap : Congratulations to all the people who took my bitcoin short from 32k to 30k, as predicted in my last post(linked below). ETH is currently in a descending channel and looks like it is going to have a breakout. If it does my price target would be 2k for it, that is, around the weekly resistance level. But also currently it is in good resitance zone so...