Hello dear traders! Let's update the ETHUSDT strategy and discuss this idea! Overall, the lower highs and lows reinforce the bearish outlook for ETHUSDT, which is currently trading around $3,249, recovering 0.93% today. With the current general trend and the consolidation from the EMA 34.89 technical indicator, investors should still monitor trend-following...
Hello TradingView Family / Fellow Traders, For those who know me, I always enjoy studying previous price action. 📌Today, I want to share an interesting pattern I found on ETH. Back in Summer 2021, ETH experienced a parabolic bullish impulse (depicted in blue), followed by a correction (shown in purple) to reject the $3000 support before commencing another...
On the daily ETH chart, there's a notable pattern emerging, potentially forming a substantial falling wedge. Statistically speaking, a falling wedge tends to signal bullish momentum. About two-thirds of the time, a falling wedge pattern breaks to the upside, while the remaining third breaks to the downside. However, it's important to note that until we observe a...
Today's wave analysis based on #ETHUSDT The only open question, at least for us, is whether the A-B-C correction within the 4th wave has already been completed or not. ↗️ If it has, then buyers should not allow the price of CRYPTOCAP:ETH to fall below $2925 and, accordingly, continue to grow according to the blue scenario. ↘️ If it hasn't ended yet, then...
Ethereum’s Technical Analysis: A Bearish Outlook Ethereum has recently broken out from a strong support zone at 3180, and Ethereum’s price trajectory has taken a bearish turn. We can observe a bearish wedge pattern on the 60-minute chart, which is often indicative of a continuation of the downward trend. This pattern suggests that we may expect further...
ETH is Pointing Down For a Bigger Correction - Update ETH broke out of a strong bearish pattern thus indicating a bigger bearish wave. ETH moved back again and now is testing a strong resistance zone as I explained on the previous analysis. If ETH breaks down of 3070 the chances are that it can continue moving down more as shown in the chart. 3280 already...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Hello dear traders what do you think about this analysis please comments..!? 🚀 Ethereum Alert: Brace for Potential Market Shift! Attention, Ethereum enthusiasts! 📈 In the 4-hour Ethereum chart, excitement is brewing as the price inches closer to engulfing the swap zone, hinting at an impending change in market dynamics. Traders are on high alert, gearing up to...
Hi folks today I'm prepared for you Ethereum analytics. If we look at the chart, we can see how the price recently traded between the support level, which coincided with the support zone, and later broke this level and declined to the trend line. After this movement, ETH rebounded from the trend line and made impulse up higher than the 3065 level, breaking it one...
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 A not long time ago price entered to rising channel, where it reached $3445 level, which coincided with resistance area. Soon, price broke it and rose to $3728 points, exiting from channel and starting to trades in wedge. Inside wedge, price made downward...
Hello friends, In the ETH chart as you can see here. The price in a strong fresh zone for buying. But we need this false breakout to be confirmed. If this monthly candle close above this zone, we will have the chance to see ETH fly. If not will see it in the support below. Hope you understand what I'm going to say. Focus on price action. See you next time
Let's see if those FVG's going to be filled or not. 100 EMA is a factor that it could potentially be seen as resistance. not a financal advice, experimental and educational content.
From my point of view, Ethereum is experiencing a Mega Elliott Wave like the one that occurred from October 2000 to June 2002, with almost perfect time symmetry. If so, we are at the beginning of wave 3, the price could reach 4200, and the 200-day support line will not be broken before the formation of wave 4. Ethereum recorded a 6-year uptrend channel breakout...
Most of the idea is on the chart: There is a big range with midrange that acted as resistance after the initial range high was set. Now we are chopping between D1 EMA 100 and H4 EMA 200, which coincides with the previous range low. Reclaim H4 EMA and we can long into the next orderblock. Lose recent lows and it's a whole lot of nothing between here and low 2000s
Hello friends, welcome to this ETH/USDT update from Crypto Sanders. 4-hour ETH chart: Sideways consolidation near $3K support, then bullish surge towards $3234-$3324 resistance. Sellers regained control, causing renewed bearish momentum. Price expected to remain within the $2.8-$3.3 range until breakout. "I've strived to deliver the utmost precision in this...
#ETH The price is moving in a bearish channel on the 12-hour frame and is sticking to it well There has been a good bounce from the lower channel limit. Some minor correction is expected before completing the rise We have a tendency to stabilize above the Moving Average 100 We are oversold on the RSI indicator and we have a downtrend that is expected to break...
As I said before here is my idea for ethusdt in the next 30-60 days After it reached 4000+ it started to created a 5 waves down we are now in wave number 5 after 4 perfect completed waves with perfect retracements So in my point of wiev 2700-2650 is a price that we might see before we start to go up again The wave 5 that you see complete the 5 waves analysis Enjoy !
If the price can meet my expectations, I will consider taking a long position in the lower space, rather than taking risks and choosing to enter