📊In the W1 , we had the same movements that caused the price to stop in those levels , and according to the past chart, we can expect a stop at the 3300$ and 4470$ levels in the next price movements, which will lead to a deep correction.
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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...
ETH / USDT
Eth is forming huge ascending triangle and trying to breakout now
Also ETH/BTC there is a significant rise yesterday at critical support which we made analysis before on it
If breakout done successfully we will see a significant pump in Altcoins king
I expect a pullback soon or late to fill the missed orders. so I'm looking for confirmation such as heavy reactions or a massive rejection to consider long positions. It may take time.
ETH has been under the bullish falling wedge for quite some time and till now it has failed to show any positive move. With the pattern ETH is forming, it will be important for ETH to break above the resistance trendline for a positive confirmation. A breakdown below the supporting trendline will ruin the chart and make things more complicated.
I am expecting a...
-ETH reached a new high at 1751 in recent weeks, creating a resistant zone 1725-1751. It then drops about $126 to a support zone @1625-1641
-This support zone is also a weekly 0.618 Fib Retracement zone.
-STO oversold
-Current Price above ma 200
-Next support @1580-1594
Watch the Price above 1H Bear Trend Line for another test at the resistant zone.
What...
Current Resistance: 1629-1641
Current Support: 1580-1594
RSI: Bullish
Current Trend: Bullish with higher High and higher Lows, BOS
Since the BOS, ETH reaches a new high @1634.10 before retracing back into the current support zone @1580-1594. ETH continues to have Higher Lows and appears to be heading back into the current resistance zone.
Will ETH break up to...
In August 2022, the Ethereum Foundation issued a cautionary statement that the forthcoming Paris upgrade would not lead to a decrease in gas fees. As a result, #ether prices experienced a decline of more than 40%.
However, this development also provided a glimpse of the possible upcoming driver for #Ethereum investors: the prospect of reduced gas fees. This has...
Eth is seen forming a bearish channel in a month back. still in the complex correction period. There is a possibility that the price will go down deeper.
Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
Today, we have important news, the situation on the chart reflects the idea of professional operators to implement their plans immediately during the news release, cascading levels with a large number of stop losses have been formed. We can see that if we are long, then at more...
I want to discuss Ethereum (ETH) and the possibility of a correction phase following its recent bear rally, with a new target of $2000. However, it is crucial to approach this potential development cautiously and consider the sustainability of any price changes.
As many of you know, ETH has experienced a remarkable surge in value over the past few months,...
Recently, we have observed a notable trend in Ether's Relative Strength Index (RSI), which has consistently exceeded 60. This indicates an overbought condition, suggesting that the asset may be due for a correction or a period of consolidation. Coupled with this, the Moving Average Convergence Divergence (MACD) indicator has shown signs of profitability...
Today, I wanted to bring your attention to the recent struggles faced by Ethereum (ETH), which currently stands at a price of $1900. While the crypto market remains highly volatile, it is crucial to approach such situations with caution and prudence.
ETH has been facing significant challenges in maintaining its price at the $1900 level. This recent turbulence...
I use chart patterns and Fibonacci Extension to determine these TPs
Recommend to Hold ETHUSDT Spot with around current price at 16/6/2023
+ Entry from 1600 to 1700
+ Take Profit 1: 2100
+ Take Profit 2: 2250
+ Take Profit 3: 2400
I will be often to update this idea
We need to divide our capital into 2-3 parts to hold ETH Spot!
