Hey , Sup Guys and Girls?! It seems that Ethereuem has been following the bars pattern that are given from previous movement of ETHUSD (2018-19) ,in the past analysis so far! so now , as you can see its already fell on the bottom of its mega channel which it doesn't mean it cannot decline more , because the overall trend is still bearish and can even...
My primary count considers that we still need Black Wave 5 to occur before we finish the correction. The pullbacks in the downtrend (see blue circles) have been VERY shallow, so we may just see sideways movement before the next drop. Also, we haven´t yet reached 100% A-B extension, at 872.79. It is typical that zig-zags reach at least 100% extensions. I´m not...
I am taking this almost purely as a pure chart formation play. The Fib draw is from the bridge of the W and that was very effective in target setting ethusd last uptrend. The blue dotted trendline is where I would suspect price would stall and create some uncertainty in Dash just like it did with Eth. Of course, that may be aggressive and a look the W on btc...
Decreasing volume 4hr bearish divergence RSI In my opinion next support: $700-800
No luck flipping long-term trendline as price dips back within pattern and towards 1150 critical. Although slightly extended, the bottom-scenario is still very possible with assumed low between 950-900. If support holds at ~1100, or pattern low, we could see a cup-and-handle formation which would have a much shorter recovery window.
Clear Bearish engulfing candle on ETH 12 Hours chart , expecting another leg down to finally mark the bottom & start going up again. Expecting target around 800 $ if not lower. if the breakout from the descending wedge playout as its supposed to be then we will be seeing a 800 $ price target again NFA as always
Ethereum Intraday We look to Buy at 1191 (stop at 1144) Short term bias has turned positive. 50 4hour EMA is at 1186. Previous resistance at 1150 now becomes support. We look for a temporary move lower. Our profit targets will be 1308 and 1348 Resistance: 1280 / 1400 / 1500 Support: 1200 / 1150 / 1100 Disclaimer – Saxo Bank Group. Please be reminded –...
Ethereum Intraday - We look to Buy at 1191 (stop at 1144) Short term bias has turned positive. 50 4hour EMA is at 1186. Previous resistance at 1150 now becomes support. We look for a temporary move lower. Our profit targets will be 1308 and 1348 Resistance: 1280 / 1400 / 1500 Support: 1200 / 1150 / 1100 Please be advised that the information presented...
Hey traders, in today's trading session we are monitoring ETHUSD For a buying opportunity around 1220 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
A clear descending broadening wedge pattern is playing out. This is a bullish trend (at least on the micro level), with confirmation already triggered through an upward breakout of trend. Now price is at consolidation (recharging) stage with resistance level already broken once. Same trend is going on with BTC.
MACD Weekly bullish divergence, looks like moving averages are bottoming out as well. I truly do think the bottom is in.
Lowest RSI since genesis Lowerboud channel hit .786 confluence area Close to accomulation zone
In this bullishness and positiveness on crypto. I call to sell Likely place to see is below 1K All the best NB: Till you see a lower TF setup then shoot
Ether is finally picking up some of the strength, which was significantly lost during the previous period. In relative terms, the coin outperformed Bitcoin, but this time in a positive manner, gaining more than 26% in value in a single week. At the same time, ETH short term futures were up by some 11%, expressing market positive expectations for this coin in the...
Ethereum has formed a four-hour head and shoulders bottom pattern Four hours to maintain a volatile upward trend It is expected that there is still room above, and it is recommended to continue to hold coins Follow me to take you to achieve financial freedom
After ETH rallied into our red box of sell pressure ($1,250-1,280) we have been met with heavy sell pressure. It is possible we get some sort of liquidation hunt up to $1300 but unlikely as we have created a bearish divergence on the 4H timeframe. With higher highs in price but lower highs on our RSI. Something to keep an eye on.
ETHUSD Daily cautiously bullish. Recommended ratio: 80% ETH, 20% Cash. *SUNDAY/MONDAY SCARIES WATCH. With the BEA due to report a third estimate for Q1 2022 GDP growth on Wednesday (06/29) at 8:30am (EST) and Core PCE Price Index to be reported on Thursday (06/30) at 12:30pm (EST), crypto and equity markets will look to continue the technical relief rally...
Stop loss: 1297.40 Take profit: 1015.42 Risk/Reward: 2.5 *No.1 Manage your Risk*