#ETH is currently staying above a support level that has held for 183 days, and the 100-day Simple Moving Average (SMA) is also acting as support. As long as we remain above this support, things look positive for a potential bounce back up in price. However, if the price falls below this level, we may see some corrections. Keep an eye out for further...
Introduction: In this technical analysis report, we will delve into the current market conditions of Ethereum (ETH/USD) and provide insights based on the formation of an Anti-Gartley Harmonic Pattern (XABCD). Our analysis aims to guide traders in making informed decisions regarding entry points, stop-loss levels, and potential profit targets. Pattern...
I am bullish as long as eth stays above the last bottom level 3055, the first target zone 3400 second target zone 3735. Good Luck. No Fear.
ID has printed a 15m buy signal. The price has retraced to signal candle and should go long from here with 1.3RR.
#ETH UPDATE #Ethererum breaks this symmetrical triangle pattern and is currently retesting, if it retests the pattern successfully, then technically we can expect a 40% bounce from here as per the pattern. Stay tuned, I will keep updating as always.
BINANCE:ETHUSDT breaks out of the H4 resistance @3643.71 area. A rejection of same zone upon retest will signify a good entry for a long position. Immediate targets will be at 4071 and the all time high @4857.68. This does not mean there may not be some deeper pull back, I will however be looking to buy the dips. A rejection of the previous resistance forming a...
◳◱ On the $ETH/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 3665.84 | 3877.47 | 4320.63 and support near 3222.68 | 2991.15 | 2547.99. Entering trades at 3496.6 could be strategic, aiming for the next resistance level. ◰◲ General info...
ETHUSD taking good support and moving towards point D of ABCD pattern to complete pattern.
BINANCE:ETHBTC appears to be reaching a cycle bottom. Sentiment is quite sour (and for good reason). But has things really changed? Just seems like a typical decline while Monthly RSI as at the same level as 2019 with very similar timeframes. Total value locked in DeFi is increasing. Volume is picking up while DEFI dominance is steady, i call that bullish divergence.
BINANCE:ETHUSDT COINBASE:ETHUSD Hello Traders, As long as Ethereum is above $3,587, it will continue its upward path until returning to $4,000. The bullish scenario will be canceled when Ethereum returns below the $3,587 level and stabilizes below the VAL zone.
ETHUSDT is trading in strong bullish trend and consistently printing HH HLs. and is about complete ABCD pattern at strong daily support level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the buy momentum continues the next target could be 4500 What you guys think of this idea
BINANCE:ETHUSDT COINBASE:ETHUSD Hello traders. Ethereum has a bullish guard above the current support. Volume management and a risk-free strategy are very important in this setup. Bollinger band midline movement can help you manage your risk. The divergence of the indicators is shown in the chart.
CRYPTOCAP:ETH #Ethereum Weekly Chart Update: ETH faced rejection from the $4k resistance on the weekly timeframe, and It has reached a low of $3k and has bounced back to around $3400. The support level is at $3550, currently it treading below this support but if the weekly candle closes above this level, it can be considered a good sign. However, if the weekly...
ETHUSDT making Higher High and Higher Low in 15M TF as this verifies its bullish trend as per Dow Theory
BINANCE:ETHUSDT Price had left strong wick rejection and has show some strong bullish behaviour since last two days. We expecting ETH to hit a new record high which would be between $4500-$5000 which will be our final target before ETH make any major correction, use accurate risk management. There are two scenarios that can happen with ETH, if price decide to...
The current situation suggests a potential bullish trend for ETH/USDT. The fact that the MFI (Money Flow Index) on the weekly chart is at 82 indicates strong buying interest in the market. A high MFI value suggests that money is flowing into the asset, which could be indicative of a potential upward movement in price. Additionally, the RSI (Relative Strength...
◳◱ On the $ETH/ CRYPTOCAP:USDT chart, the Bband Breakout Super-Trend pattern suggests an upcoming trend shift. Traders might observe resistance around 4181.48 | 4484.49 | 5278.24 and support near 3387.73 | 2896.99 | 2103.24. Entering trades at 4029.26 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Ethereum ▣ Rank: 3 ▣...
Price has been extreme bullish since last month, suggesting price to keep strong bullish momentum in upcoming days and month. March is known to be bullish month where many speculated ETH going to hit $5000 mark by end of the march. We think price will do minor correction towards $3100 to $2800 marked area region where price can bounce sharply towards $5000 target...