Recovery just short of the D1 goal (3371) as rejection sends us back to 200EMA. Another chance at EMA divergence is closing in which could begin off another push to D1/3405. There's a strong potential for this to occur if we can hold support at current zone. www.tradingview.com
ETH fids it's way back above 3210 with another touch off 200EMA. The next D1 goal has been indicated (3371) which aligns with pattern at EOW close. Assuming we've formed a cup-and-handle we can expect this scenerio to follow through. www.tradingview.com
BUY ETHUSD at the 2,580 or the 2,250 price levels, going back up to the 4,550 to 5,060 price and beyond.
this is the zone i expect to hold on ETH, this is a good area to get long, as we are facing major support levels, a bounce off this should take us to $4300+. IF (and I don't think this happens, we break that red line which is around $2000ish, ETH is in big trouble). I am bullish on ETH still.
Ethereum's (ETH) price continued a sideways movement on Thursday as the market still awaits a trigger. Ethereum isn't alone in this horizontal trend; several major index funds have also traded sideways, underscoring ETH's positive correlation with the traditional financial market. Despite the recent launch of spot Bitcoin (BTC) ETFs in the US, Ethereum's...
Here is our detailed technical review for ETHUSD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 3267.9. Taking into consideration the structure & trend analysis, I believe that the market will reach 3119.3 level soon. P.S Overbought describes a period of...
The current buying zone for Ethereum against the US Dollar is at $3215.40. This suggests that it's a favorable opportunity for investors to consider acquiring Ethereum at this price point. Setting take-profit levels at $3281.20, $3330.70, and $3401.00 indicates potential price targets where investors can consider selling their Ethereum holdings to lock in profits....
Ethereum (ETHUSD) traded exactly the way we wanted it last time we looked at it (January 09, see chart below) At the moment, the price is trading below the 1D MA50 (blue trend-line), having recovered the 1D MA100 (green trend-line) on what was a bottom on the 6-month Bullish Megaphone. This Higher Low was almost priced on the 0.382 Fibonacci level. That is...
Hello guys this is VHT your mentor and I am back with another analysis I remember I told you guys I am shorting ETHUSD but the market isn't ready yet we'll guys now the market is ready to sell put in your sell orders and let's money together guys. Note if you have a small account once you get in and the market gives you profit pls take partial profit or move your...
ETH price could find support at the 100 SMA where is trading now. In this case, $ 3'350 should come in no time. If lost, a sweep of the low 3'000s is very likely to shake out weak hands.
“I want to short ETHUSD on the 4-hour chart because the price has moved outside the 2-standard deviation Bollinger Bands (BB), and it also broke below the last candle. My plan is to stay in this trade until the 20-period Moving Average (MA).”
After a significant decrease in value over the past two weeks, Ethereum has now stabilized and is showing signs of consolidation. A bullish accumulation pattern, specifically an ascending triangle formation on a 4-hour chart, is evident. The current focus is on testing the neckline of this pattern. A breakout above 3288, indicated by a 4-hour candle close,...
Trading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. Always conduct your own analysis and consider your risk tolerance before entering any trade.😉😉
Eth staying above 50% of of its monthly BISI , which is a bullish sign, Expecting Eth reversal in next few days once Bitcoin bounce from its weekly BISI and Sweep march lows. Next price target $4867.
Bears begin to take over as price falls below the D1 piercing marker (3125). Watch out for EMA alignment which should add further resistance at this zone. Recovery is still possible but will need to occur soon. www.tradingview.com
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
Reverse head and shoulder pattern on Ethereum on weekly chart
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...