1) Trend analysis We have the descending channel of the downtrend We had the rising channel of the swing high And we've just established a new base channel 2)Support and resistance We have tested 480 twice and failed both time, it's the LAST resistance on our way out of the downtrend We have confirmed 450 as a support, if this level break... Well... 3) Candle...
It's a clear falling wedge pattern for the ETHUSD pair.
Now, we are approaching the price range of 370-400. Though it's a mirrored level, I think buyers do not have the strength to hold it, against the background of falling BTC. Therefore, I predict that we test it or with a rebound to the price zone 450-500, or immediately. The price zone 280-310 - has a large accumulation of buyers, which in the past due to this...
Deal for next 4 days First target : 760 2 -> 780
Ethereum took a hard hit just like the rest of the market. The great thing about ETH is that it has a higher % gain than Bitcoin since it's still within the 3 digits and doesnt need much to push it Still holding my target at $380 - Forming a channel (most likely bear) - MACD signal sell signal crossed - Watch for the trend - If $454 doesnt hold, then $365 is...
ETH is now forming a Symmetrical Triangle Chart Pattern. It looks like a breakout. Price follow the resistance trendline & Support trendline Perfectly. If it breaks towards up, then we see the next move towards AllTimeHigh. If it breaks towards down , then our next support will be 0.06 BTC. Technically, Here MA99 is already below our price action, so it works...
Dear all, Here is long trade setup I'm entering. ETH is currently at a key support at $495 dollar and has 3 resistances to overcome (downtrend lines shown on chart) to break out of Bear Market. This trade is driven by 3 main factors: - ETH currently sitting at key support $495 - RSI is oversold - Light bullish divergence - RSI forming falling wedge Please...
1.) This is not investment advice. DYOR 2.) Ethereum has completed the classic bubble pattern. Google it. It's currently at 'Return to mean'. 3.) As for Moon/Jupiter/International Space Station - or whatever heavenly body suits your facny - I leave that to the self-anointed prophets of the temple of sand castles. I would however say that this will happen about...
Hello everyone Today a small update on the price action of ETH. Let's get straight in to this! If we take the 4H chart, we can see that there is a lot of fluctuation going on in ETH. Although the last few days, the crypto market is very stable. This can have a bunch of reasons: - Because the volume is going down since the end of May. ( crypto market in...
Looks like a possible W here, tight SL is the secret
Lazy chart, but we took out a short term high, and used the weekly bearish breaker as support. markets like to move towards areas of liquidity.
Another nice trade on ETH Buy @ Mentioned zone, 590~640 SL=Breaking the channel and closing 2 candles outside it TP1= 830 TP2=1062 TP3=1295 TP4= 1528 TP5= 1758 ____________ Questions are welcome
#ETH/BTC w/ a cup and handle. Handle is currently mimicking a bull flag *thumbs up* I am not a financial advisor, but these are bullish indicators.
ABC corrective wave completed within primary up-pitch angles in Gann's Square of 90. 3rd leg/motive wave towards 1200.
Look for break of green resistance. Alligator showing entry now.