Hello crypto traders, Ethereum's recent price action on the 15-minute chart is presenting an intriguing short opportunity according to Elliott Wave analysis. After a significant drop, the price has formed what appears to be a corrective pattern in the structure of an ABC move, with the current wave C unfolding. The recent rally (wave C) is showing signs of...
Looking at the ETHUSD 15-minute chart, I'm contemplating a SHORT position, guided by Elliott Wave analysis. The chart shows a completed five-wave impulse to the upside, marked (1) to (5), which suggests the beginning of a corrective phase typically consisting of a three-wave structure: (a), (b), and (c). The initial corrective wave (a) is evident, and a bounce...
Franklin Templeton’s Ethereum Spot ETF ticker has appeared on the Depository Trust and Clearing Corporation (DTCC) list, indicating a possible signal that the United States Securities and Exchange Commission (SEC) could approve Ethereum ETFs. Related Reading: David Vs. Goliath? Crypto Firm Consensys Sues SEC Over Ethereum Regulation Franklin Templeton’s Spot...
Hello Traders In This Chart HOURLY Forex Forecast By FOREX PLANET today analysis 👆 🟢This Chart includes_ 🟢What is The Next Opportunity on Etherium Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using...
Crypto traders, here’s the latest on Ethereum (ETHUSD) from an Elliott Wave perspective on the 45-minute chart. We’ve observed a complete impulse sequence through wave (5), and it looks like the market has transitioned into a corrective phase. Wave (a) made a significant move down, and after a brief retracement in wave (b), we’re potentially in the midst of wave...
Ethereum (ETH/USD) Fundamentals and Technicals Look Promising The outlook for Ethereum, both technically and fundamentally, is starting to look rosy and this should feed through into its price over the coming quarter. Between late November 2021 and late January this year, Ethereum fell by around 50% to a low of just $2,200 as the whole crypto market mood turned...
Elliott Wave enthusiasts may observe that ETHUSD is currently exhibiting a pattern that leans towards a SHORT setup. The chart showcases the completion of a corrective wave (b) and potentially the start of an impulsive wave (c) downwards, as indicated by the recent pivot at a Fibonacci retracement level. This potential move down comes after a failed attempt to...
📉Hi Traders, Investors and Speculators of Charts📈 ETH is currently following BTC along with the rest of the crypto market into a correction wave. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern. Ideally, we'd want to see a successful bounce from the 50d moving averages here (green), but a wick...
HELLO FIRENDS As i can see ETHUSD is now trading in down trend for looking a strong support zone to make a new higher high so we are expecting this Fib retracement to the 0.61 level is possible and can be a easy target so do not miss the train from selling zone area its overbought now and should be go to given levels its just a trade idea share ur thoughts with...
Ethereum's (ETH) price reached a low of $3,362 on Tuesday after a decline in Bitcoin sent a large part of the crypto market into the red zone. ETH started the second quarter in the red, although historical data suggests that Q2 has been an averagely good month for the largest altcoin. Meanwhile, Vitalik Buterin's post explaining how The Purge could boost...
In the 4-hour timeframe, ETHUSD indicates a bearish trend following a breakout below the ascending trendline. This bearish move is further supported by a correction ranging between 50% to 61%, potentially signaling a continuation of the downtrend. Traders could explore short-selling opportunities after confirming the completion of this corrective phase for...
📉Hi Traders, Investors and Speculators of Charts📈 The scope of corrections (in other words the percentage) is different from one chart to another. On ETH, we see an interesting trend in terms of pullbacks - two smaller corrections before a bigger pullback. This leads me to the conclusion that the next pullback on ETH may only be around 10%. From a technical...
In my opinion, the price action on the lower time frame at the moment is bearish. If price breaks below Friday's low of $2419, there is a good probability of this move becoming a lower high and price retesting the current yearly low. If price were to break below the current yearly low, I believe a tap of $2000 would be very likely. This trade idea is not...
📉Hi Traders, Investors and Speculators of Charts📈 Ethereum has recently taken the spotlight with an amazing 21% increase. If you missed the rally, don't worry! Look for a lower buy back zone while ETH undergoes a correction back to support zones. From a 4h perspective, there is a clear local topout meaning sellers have taken control. There is a strong...
In my opinion, the price is stalling when it should be pumping. I believe a test of near the November open at around $1807 is likely in the cards from here. This trade idea is not financial advice. I am not a financial advisor of any kind. Please do your own analysis, responsibly manage your risk, and stay safe. Thanks for hitting the like button and for following!
The clock is ticking. Devs please do something. $2000 if price doesn't bust a move up soon. This is an update to my previous idea. Just having some fun ;) This trade idea is not financial advice. I am not a financial advisor of any kind. Please do your own analysis, responsibly manage your risk, and stay safe. Thanks for hitting the like button and for following!
In my opinion, if bulls fail to clear above the current high of $2294, bears may show up in full party mode and run a train down to $2000. As I said with BTC, I was expecting more force from bulls, but they are limp right now when they should be strong - but let's see. I'd rather be safe than sorry ;) This trade idea is not financial advice. I am not a...
Hello Traders! This is my perspective related to ETHUSD H4. I see a retracement until approximately 2050, where we have an OB and also, an important resistance level at 2075. After the manipulation, I will search for a convenient LONG TRADE entry at approximately 2100 level. Follow, like, and comment to see the daily/weekly content: www.tradingview.com