I'm of the belief that this correction has completed and we're at the start of our next impulse leg, Structure off the low looks impulsive and our break/re-test of the fork is pretty good confirmation this ABC has terminated.
Ethereum currently exhibits compelling dynamics within the cryptocurrency market, marked by noteworthy technical indicators and potential trading setups. Based on the latest analysis, here is a detailed breakdown of Ethereum's current position and speculative price targets for both long and short strategies. Ethereum has been trading in a volatile pattern,...
there are multiple bearish confluences on the crypto prices. the 100 moving average, the mid point of the fair value gap (fvg) are all bearish signals, the smaller time frames will give us more precise entry points
What about #Ethereum? The other day I saw an analysis that ETH could fall to $1000, is this possible? 🤔 I think - No. 📝The main arguments of the analysis were that ETFs #ETH will not be accepted. In my opinion, this is already laid out in the market, because at the polymarket, where people bet money on the probability of such an event, there is only a 7-9%...
Ethereum has been in corrective wave since March and with the formation of daily double bottom in a bullish wedge, the cryptocurrency may have completed its corrections and ready for upside rally above the upper channel of its wedge. N.B! - ETHUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions...
Price drops to 3k with support holding in so far. Look to maintain closes here but expect the possibility of lows below. Also keep in mind the bearish entry direction which could alter us to 2875 (double-bottom). www.tradingview.com
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.
The technical analysis suggests an emerging bearish flag pattern accompanied by synchronized RSI signals, with no visible divergence, indicating a potential downturn. In light of this analysis, it is prudent to consider a strategic sell stop order placement at the break of the recent higher low, aligning with the bearish momentum. 📉 The targets can be set...
The Bearish Gartley pattern is a harmonic trading pattern that typically signals a reversal in the price of a financial asset. It's named after H.M. Gartley, who first described it in his book "Profits in the Stock Market" in 1935. The Bearish Gartley pattern is formed by a series of price swings and Fibonacci retracement levels. It looks like an "M" shape on...
Hi traders, I would like to share my analysis on the ETH/USD chart in the daily time frame. According to my observation , the price of ETH is completing it's pullback to the orgin of the previous move. After completing this pullback , I believe that if price forms FVG zone it could be a good time to enter a long position.
Recovery brings us back above 3k with short-term EMAs as the current goal. Expect price to hit 3180-3210 eventually but a breakout may not occur until later. As of now it's possible we see another touch at 3500 sometime mid-month (5/17). www.tradingview.com
ETH is currently trading at $3010, demonstrating a downward trend within a bearish channel. Traders anticipate potential targets at $2920 and $2870 in the upcoming sessions, reflecting prevailing market sentiment towards lower price levels.
Downward parallel channel but price is in the top section respecting the middle white band if it breaks out the channel we can see a potential rally up also there is a Rounded bottom on the 4hr stochastic which is a signal of bullish movement building after divergence 9
Resistance holds in at 200EMA/3210 dropping ETH back below short-term EMAs. An ascending pattern has been outlined and will be adjusted if additional points come into play. For now we can expect a drop to 3k but closes should remain above this zone. www.tradingview.com
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
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...
Franklin Templeton’s Ethereum Spot ETF ticker has appeared on the Depository Trust and Clearing Corporation (DTCC) list, indicating a possible signal that the United States Securities and Exchange Commission (SEC) could approve Ethereum ETFs. Related Reading: David Vs. Goliath? Crypto Firm Consensys Sues SEC Over Ethereum Regulation Franklin Templeton’s Spot...
May 6 2024 - Forecast ETH Actually not sure how this script I have will work on ETH but let's try her out.