With the Ethereum ETF decision just days away, ETH has made a massive breakout play in an effort to front run a positive ETF outcome, the approval of VanEck and ArkInvest/ 21Shares ETH ETFs on the 23rd & 24th May respectively. In terms of price action and charting this is how I see it. Now that price has broken out from the downtrend and hit the Bearish OB as...
Ethereum is first coin of the week, with price trying to breakout from triangle formation and 100EMA at the same time. As we are monitoring each daily candle closing and opening price, we are looking for possible further movement to upper zones here if we manage to secure that zone right now. If we fail to secure and result in a fakeout zone, then we will see...
There are two scenarios. 1- Bull pennant 2- Bull flag Write in the comments which one do you think? - If it is a bull flag, there is a possibility to drop to $2800. In a different analysis I shared yesterday, I gave the target of $2800. Please check it. - If it is a bull pennant. Yesterday we had a bear trap and now retesting the breakout. In both scenarios, I...
Trading Setup: There is a Trading Signal to Buy in ETHUSDT Ethereum (h1) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 2950.15 ⭕️SL @ 2858.60 🔵TP1 @ 3278.81 🔵TP2 @ 3487.49 🔵TP3 @ 3845.55 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk...
Detailed Analysis of #ETHUSDT Time Frame: 1 Day (1D) Overview ETH/USDT has recently broken out of a falling wedge pattern, a bullish reversal pattern. This breakout indicates the potential for a substantial price increase, with an expected bullish move of up to 40% in the coming days. Key Elements Falling Wedge Pattern: The falling wedge pattern is characterized...
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.
Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis. The interesting technical pattern forming for ETH on the 4-hour timeframe. The price appears to be consolidating within a descending triangle pattern. If a confirmed breakout occurs above the upper trendline, it could signal a potential price...
Eth is still not a security, funny that 10k loading.... eth etf 75% chance of approval at current standing up from like 25% yesterday but the fundamentals haven't changed at all... its almost as if they wanted you to sell cheap before the moon candle.
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About ETH (Update) 12H⏳ The Falling Wedge Has Successfully Breakout☑️ Moving As Expected & Running In +25% Profit So Far⚡️
99 days are left until the Ethereum spot ETF Approval and so many good news on the way 🚀 lets see why we are bullish on Eth • EIP4844 on March 13th • Many Asset Managers chasing ETH Yield • ETF Inflow > GBTC sell off • Multiple L2's Launching 📅Feb & March The Ethereum Dencun upgrade will take place on March 13th and looking back at last year's Shanghai...
Im concern about about may be we are in Bull trap because this is how Head and shoulder build.may be we are going to make a head now. in BTC we made a reverse head and shoulder on weekly , we have left shouder and and head and also btc is about to make a shoulder which is downside . im feeling its a bull trap ( knows and head and shoulders head )
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
Today we have a sudden strong bullish move that is completely fake and unsustainable... Join me in this trade idea so that we can look at Ethereum together; Boost, so that we can get started. Today's candle shows the strongest bullish action for Ethereum since early 2021; major bull-market action. That's the type of action we are seeing today. This type of...
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...
ETH recent pump was an indication of things to come -- good things. The coin went from 1700 to 1900 within 72 hours -- indicating that a longer shifting trend is about to materialize. Based on recent news, low supply of ETH is being detected on most exchanges depicting a bullish scenario for the coin. On weekly data, new higher lows was created both on...
In the weekly time, it is moving in an ascending channel, which after a complex correction and higher floors has formed a runner zone, which can now complete an ascending wave in the specified area, which is the supply area. Therefore, 🔰 in the first scenario, I expect a correction with the support of the $2,500 area after touching the zone, which can appear more...
This can be play out as a correction and confirmation of breakout, may be not a major one. Not financial advice.
🧠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...