Watching Ethereum (ETH) closely after it reached a high of $3,040 on a 4-hour timeframe chart today. If support at $2,923 crumbles. A break below this level could send ETH down to $2,874. However, there's also a chance for a breakout on the upside. If Ethereum can overcome resistance at $3,100, it could surge towards $3,160 or even $3,200.
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...
I think ETH will hit an all-time high this year. It's quite possible that the adoption of an ETH ETF is not far off, and overall bullish sentiments could allow this to happen.
In the big picture, extremely BULLISH!!!!!! !In a small picture!: MACD crossing down is very likely. Because macd has failed crossing, which makes the next crossing more realistic. Crossing down means BUY when the price is in red and there is no sign of green. Support points or resistances are required Under 3000k soon. The landing level is not known today, only...
Eth will eventually go to 15k in mid 2025 , maybe 17k maximum, with the eth etf approval it will reach its ATH, pass it and then go upstairs, if it crashes best entry point would be 1,7k , but if any 3rd party circumstance dont occurr it will go to 15-17k, at 15k start shorting x3 eth and start small and if it reaches 16-17k add more x4 perp shorts
--- This pattern is a Grade A --- Decided to relook the strategy and redo the strategy validation by run a manual backtest from 15 March to 18 April where the regime changes from bullish to a bearish range on the D1 chart. I am aware that once the regime changes and need to revert back to the original Long strategy New Observation The pull backs still happen...
Resistance continues to hold at 3k/20EMA in another attempt to reflip zone. Recovery could send us back to 200EMA but remain cautious until a close is established. The D1 piercing markers (green) have been left in to indicate critical goals. www.tradingview.com
23,000 BTC options are about to expire with a Put Call Ratio of 0.49, a Maxpain point of $61,000 and a notional value of $1.4 billion. 330,000 ETH options are due to expire with a Put Call Ratio of 0.36, Maxpain point of $3,000 and notional value of $1 billion. The crypto market continued to fall this week, with BTC hitting the $60,000 mark, a new low since...
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...
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,
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...