Hi everyone, Ethereum price continue to consolidate within 3000 - 2800 support area but lately it looks like there will be breakout below 2800 and towards to 2400 support level. If we look at the chart, we can clearly see lower lows and lower highs which says that ETH price isn't ready for a rise. More likely scenario is that price will contunue to decline...
I think we're in a long wave of the overall wave. However, it may be a long reaccumulation phase before we reach wave 5, which will be a very high phase. An ambitious end to this wave could be a sell-off/rally to 2075 before it surges (can't go below Wave 1), and my Wave 5 forecast can reach Fibonacci levels of 1.618-8648 or 2.618-13442. Good luck!
"Bullish diversion" typically refers to a situation in financial markets where there's a temporary divergence or distraction from the overall trend, but it ultimately leads to an upward movement in prices. This could occur when there's a short-term decline or sideways movement in the market amidst an overall bullish trend. Traders might interpret this diversion as...
Hello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring ETHUSDT for a buying opportunity, ETHUSDT UPDATE #Eth is ready to break the Falling wedge pattern in 1D time frame ✴️ Successful Breakout may lead 35-40% increase in price💸✅
Hello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price declined to the resistance level, which coincided with the seller zone and even fell below this level but soon backed up to the seller zone. ETH some time traded in this area and later rebounded up to 3717 points, after which it turned around and made a...
🔍Today is a crucial day for altcoins, as they have reached significant support levels. The market exhibits clear signs of buyer weakness, with selling volumes substantially outpacing buying volumes. Given these conditions, short positions are more favorable. The focus of today's analysis is Ethereum (ETH), the leading asset in the DeFi space that continues to...
Based on the historical market, the bitcoin halving event would followed with a significant price growth of the crypto assets, which matches the current market status. Thus, a bull market are expected in the next one and a half year. As for the sentiment analysis, the current funding rate in bitcoin perpetual market are maintaining a slight negativity in the past...
We still have all the notes from previous publishing on the chart, interesting to see that nothing really happened on this asset. Which means that, as volatility gets lower and lower, the probability of a bigger move out of this compressive zone becomes bigger and bigger. An effective strategy here could be capitalising on IV increase in ETH options. By buying...
The second largest cryptocurrency, Ethereum (ETH) price has slipped below the round mark of $3000 and is eyeing to retest its 200 day EMA mark.
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) The key is whether it can receive support near the Fibonacci ratio point of 0.618 (3548.07) and rise above the upper point of the HA-High indicator box on the 1M chart. If the price...
At the moment I believe we are in a long term wave 4 within an overall wave 3. However this could be a very long re-accumulation stage before we hit wave 5 which will be insanely high. An ambitious end to this wave could be a dump/spring to 2075 (cannot go below wave 1) before it shoots up and my wave 5 prediction can reach fib levels of 1.618 @ 8648 or 2.618 @...
Eth break downtrend resistance in 4h next peak volume resistance @price level 3150
Ethereum is presently positioned above a pivotal support line that delineates the current trend. Recently, the coin experienced a rejection from its proximate resistance level. Anticipation of a subsequent rejection upon a retest of this level is warranted. Should this rejection materialize, focus should pivot to the immediate BUY BACK ZONE for potential...
Dear traders, I have conducted an analysis of Ethereum coin, which many of you have in your wallets. Currently, there is a great opportunity for profit in this digital currency, and you can enter a buy trade considering the risk involved to reach your specified targets. The chart used is very simple and clear, requiring no further explanation. I wish you all...
After a long hand up in the general structure, I see a possible long with a short stop, which is not a very critical position for me
1.ETH broken the Resistance and retested around 3050 and looking for Long. 2.ETH also broken the 4H Trendline for long. 3.If ETH broken the current support Level it'll reach the next support. 4.The entry is 3050 and the Target around 3270, SL below the Support zone.
🧠From a structural point of view, we started to rebound according to the small double bottom structure and successfully broke through the downward trend resistance line, so there is still room for us to continue to rise. ➡️For future expectations, we can refer to the trend of BTC horizontally. The best case scenario is that BTC continues to consolidate...
ETH 4h breakout confirmed market come to retest the trend line lets take long entry swing trade entry :- 3060 take profit :-4050 stoploss:-2750 thanks me later