Ethereum - 24h expiry - We look to Sell a break of 1783 (stop at 1833) Short term bias has turned negative. Posted a Double Bottom formation. A break of yesterdays low would confirm bearish momentum. Short term momentum is bearish. Short term RSI is moving lower. Our profit targets will be 1663 and 1643 Resistance: 1840 / 1860 / 1880 Support: 1815 / 1785...
Potential reversed level as analysis on chart Stay prepared
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Ethereum already broke above a major previous weekly support/resistance area at the HKEX:1900 level. You can also see that as we are speaking, Ethereum is retesting this previous resistance which is now turned support, market...
An inverted H&S structure with the suggestion that the right shoulder is yet to form I would expect a recovery for the shoulder somewhere in the lower half of this channel (1) is the shoulders (3) is the head (2) are also a key part of the pattern, id call them the arms
Since we are coming to the end of February in 4 days, I felt the need to do this analysis. I think the critical level for Ethereum in the monthly timeframe is $1828. This is because the moving average is at that level. I think that Ethereum, which has always followed this moving average in history, will follow this moving average again this time. The monthly close...
$ETH has unlocked new highs not seen since Aug 2022, with recent 17 days range breakout and retest looks a good long to target $2000. And this is ETHBTC, such move has the higher probability: I will keep updating this in here, so make sure you follow me.
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Ethereum is actually breaking above a major previous weekly structure area exactly at the psychological HKEX:2000 area. You can also see that weekly market structure is massively bullish, in my opinion the bottom of the bear market...
What’s up traders. In today’s trading idea, we discuss our thoughts on Ethereum. Taking a look at the Daily chart, we’ve mapped out a few key levels & zones. The story for Ethereum will be similar to our previous post on Bitcoin, in terms of where we think the 2nd largest crypto is headed. If you haven’t heard, the Ethereum network is about to undergo the...
- Sometimes the lines we see are unclear and difficult to understand. - Trading is some kind of art where u are trying to paint the future. - No one is born a great trader, one learns by trading. Happy Tr4Ding !
ETH / USD TA Here we are looking at a quick TA for Ethereum. We are currently following the widening wedge pattern which is highly bullish at these levels. Stay tuned!
Ethereum is reaching out to complete wave 1 in green and still has got some room to rise. As soon as the respective high is established, though, the cryptocurrency should turn downwards and head for the green zone between $1607 and $1424, where wave 2 in green should end. With this low secured, Ethereum should then resume the ascent by developing wave 3 in green....
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Ethereum is currently retesting a quite obvious previous weekly resistance area which is now turned support so I do expect at least some continuation towards the upside. You can also see that we do have a next strong psychological...
Ethereum - 16h expiry - We look to Buy a break of 1857 (stop at 1807) Our short term bias remains positive. 1843 has been pivotal. A break of the recent high at 1843 should result in a further move higher. Our outlook is bullish. There is no clear indication that the upward move is coming to an end. Our profit targets will be 1977 and 1997 Resistance:...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe Ethereum just recently perfectly retested and also rejected a quite obvious previous weekly resistance area which was turned resistance once again. You can also see that we are currently retesting weekly support and it seems like the market will close...
The Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation. This could have have ripple effects in the entire crypto industry! My price targets for Ethereum ETH are: ETH/USDT short Entry Range: $1650 - 1750 Take Profit 1: $1550 Take Profit 2: $1490 Take Profit 3:...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe Ethereum retested once again a very strong previous weekly resistance area and is currently again rejecting this zone towards the downside. However also just recently we had a bullish ema crossover and are now starting to create weekly bullish market...
Looks like #ETHEREUM is about to to clear some smiles from the bulls as it descends around 30% to meet recent support levels. There'll be a few swings in this descent where shorter term traders could bag multiple profits up and down, but our forecast for the next month or two most definitely red! _________ What Do You Think? If you enjoyed or agree with...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe Ethereum just retested and rejected a quite obvious previous weekly resistance area and is now approaching a previous weekly support zone. However we are also having a bullish weekly ema crossover and just recently created another higher high, so I am...