ETH is now trading near 1650$ . It is moving inside a rising channel on 4H time frame. Now there are two scenarios: 1- ETH breaks down the channel then that is short term Bearish signal for ETH and it can test 1476$ - 1400$ level. 2- ETH holds the lower support zone of the channel then it can again go for upper resistance line of the channel and...
Due to the previous analysis top target fits to this macro channel, target seems reachable about the end of the month.
Crypto is highly correlated to NASDAQ! Volatility index (VIX) to #ETH price chart has been a very good indicator for reversals! In addition we are close to the 200-day MA and pretty overbought!
Remember there’s still a gap at 1290 usd on etherum Gaps that big usually get filled . Watch your longs
The momentum (Chikou/purple line) has cleared the Daily Ichimoku cloud on Ethereum following price closing above the cloud. This is the first time COINBASE:ETHUSD has becoming bullish since May 2022. The last Daily breakout hit resistance at 3500 in March. It is important that the breakout clears the current Resistance of 2230 in order for this bullish leg to...
I can see more and more similarities with 2018/19 bottom formation with possible target of 2500 usd we manage to break strong 1800 resistance which looks like median line of the channel in making. If so our target would be at the upper line of the channel.
Hello We can see a beautiful triangle pattern in ETH 15M : If Eth breaks up the pattern strongly we can make a nice profit from a long position let's see how it go... Thanks for following me , please feel free to ask your possible questions about this analyze
For me the upside of #Etherum is quite limited! We could see another leg up to roughly $2000 and then go lower! Let's be patient! Nasdaq looks also quite overbought + 20% over the last 50 days!
For now I have two main liquidity zones where I have placed some limit orders for #ETH! We are still in a perfect downtrend of consecutive lower lows and lower highs! Don't forget that!
Welcome again traders! Ethereum is about to collapse. The price has been "mooning" the last week, leaving us a + 40%. However, the price is showing us signals of demand decreasing which could lead the price to a downtrend. Target: 1120 USD
BTC investors should read these ‘whaling’ signs before taking profit . Central Bank Digital Currencies Worse Than Bank Accounts and Cash, Says Blockstream CEO Adam Back – Here’s Why .. $ETH: Head of PoS at BitOoda Explains Why Ethereum Will Flip Bitcoin…
ETHUSD analysis based on divergence and trendlines. Trade accordingly...
Price on the H1 is showing huge signs of exhaustion. Price already peaked on the 4H so we should expect a pullback before Ethereum resumes the move to the upside.
I know we are in a cyclical dump but we all know the bitcoin halving event is slated for 2024. This halving event will have effects on all alt coins. If you draw the sin curve out for ETH 200 day average and take into account the shear uptick and overall volume…we may see flat trading all of 2023 with a steep spike to the upside starting in… that’s right 2024...
Ethereum Intraday - We look to Sell at 1173 (stop at 1216) Short term bias has turned negative. Previous support at 1200 now becomes resistance. 1193 has been pivotal. 50 4hour EMA is at 1175. 20 4hour EMA is at 1169. Preferred trade is to sell into rallies. Our profit targets will be 1063 and 1033 Resistance: 1150 / 1200 / 1250 Support: 1100 / 1050 /...
ETH SHORT!! using ote of todays range and the imbalance we are currently in ill be building into my short, keeping sl above high with room for spread. Our target is the h1 fvg 984 but look to take some off at the low marked 1017
JUST AN IDEA Very Controversial But "Maybe" Possible Log View Bars Pattern from 2018-2021 Fib Retracement Assumption Targets Trendlines Bear Season (SMMA Based) If possible, we may see 2024 12-14k ATH (2000% from possible bounce) , but is not and will never be official. Just an idea 😉 HAVE BUY LAYERS READY!!!
If we copy previous #BTC cycles to current one on #ETH than we could reach bottom at $700 (-86% from top) or even at $270 (-94% from top). This isn't investment recommendation. Just hypothesis based on history of #Bitcoin.