Guys, as you see on the chart, ethereum has broke in daily canddle under the support and it has close under it. Know it has become resistance. I dont want to alarm anyone, but this is very serious. Dont get bulish until we get up of it again. Even, if we going down, there you have the next big support. Will bring bitcoin chart(waiting confirmation).
As Ethereum ( CRYPTOCAP:ETH ) attempts to stage a comeback following a recent downturn, the cryptocurrency market finds itself at a crossroads, influenced by a multitude of factors ranging from regulatory uncertainty to macroeconomic trends. The recent decision by the Federal Reserve not to tamper with interest rates provided a brief respite for CRYPTOCAP:ETH 's...
🔴 Resistance - 2949 🔴 🚀 Target - 2968- 2991 🚀 🟢 Support - 2937 🟢 🚀 Target - 2916 - 2890 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 15 - 60 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
ETH ALL TIME TREND LINE RETEST going all the way back in 2015. I believe this is the bottom or we have 1 more bear trap then bottom is set.
For Ethereum, we're observing a chart pattern that has developed a weak divergence, and we believe it is now correcting wo the end of Wave 4 of Wave (3). We plan to place multiple entries; our first entry was at the upper range of the Wave 4 target area around $3200. However, the price has continued to decline. We are now looking to DCA and make a second entry at...
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...
There is a triple bottom which could be observed, a bullish divergence and a trend reversal could be observed with higher highs and higher lows due to which going Long on ETHUSDT,
The first stop for the ETH price is expected at the level of $2700 per ETH. If it breaks below, the next stop is at $2100 per ETH. As before, I believe the best option is to weather the storm by staking. The best ETH staking options can always be found on Criffy.
It seems that a symmetrical is forming, but after recent wave it will be more transparent, anyway, it needs time until the end of July.
Price is rising towards the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 3113.58 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 3241.30 Why we like it: There is a pullback resistance...
Another rejection sends ETH to average support with recovery back to 3k underway. Although signs may look hopeful remember that we've been below pattern for some time. It's possible we could see a drop to D1 200EMA (~2750) as a result. www.tradingview.com
The historical pattern known as the seasonal divergence "Sell in May, and Go away" was popularized by the Stock Trader's Almanac, which stated that investing in stocks represented by the Dow Jones Industrial Average November through April and switching to fixed income for the remaining six months "would have delivered reliable returns with reduced risk since...
As are currently seeing price of ethereum dropping as bitcoin sucks liquidity from all altcoin and driving the bitcoin dominance higher as a result we have seen in previous cycle that once we see a breakdown of the ETH/BTC pair most altcoin will bleed heavily. so I expect on a probability view that price will retrace lower during the next few month before the...
The recent delay in approving a spot Ethereum ETF by the SEC has dampened some of the bullish sentiment surrounding ETH. This news contributed to the correction from higher levels, alongside a broader crypto market pullback. Falling Channel/Wedge and the $4400 Target: The current chart pattern for ETH/USD does resemble a falling channel or wedge. This pattern...
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves RSI - Divergence Break of Structure and Retracement Impulse Correction Fibonacci Level - 23.80%
Liquidity Hunt Pattern Uncover Hidden Opportunities in the Market Introduction: The Liquidity Hunt Pattern is a powerful technical analysis tool that helps traders identify potential turning points in the market. By understanding how this pattern forms and its implications, traders can gain an edge in uncovering hidden opportunities and making informed...
I'm finding myself gravitating more towards this crypto over Bitcoin, and that's mainly due to Ethereum's price. I'll explain my chart along with what I'm anticipating. What am I anticipating? Price is currently breaking a key lower-high on the weekly, which happens to also be the same area as the monthly (key) lower-high. Once that bull candle closes pass those...
ETH price action has been viewed as a signal for the rest of the altcoin market in past cycles. I just wanted to share the main weekly support levels, in case this correction continues. These black lines are the areas that we could likely see interest in Ethereum.