Short term Elliott Wave view in Ethereum (ETHUSD) suggests that the decline from March 28, 2022 high is unfolding as a zigzag Elliott Wave structure. Down from March 28, 2022 high, wave ((A)) ended at 1700 and wave ((B)) ended at 1918.17. Wave ((C)) lower is currently in progress as the chart below shows. Internal subdivision of wave ((C)) is unfolding as a 5...
The Ethereum price is $1,122.40, a change of 4.76% over the past 24 hours as of 6:48 p.m. The recent price action in Ethereum left the token’s market capitalization at $133,315,080,921.43 USD. So far this year, Ethereum has a change of -69.77%. Ethereum is classified as a Software platform under CoinDesk's Digital Asset Classification Standard (DACS). Ethereum...
Ethereum appears to be looking for support on a weekly basis.
Price is back within triangular pattern with resistance holding between 1150 critical and prior low (dashed). Another bearish breakout could send us down to the aforementioned 750 range, while a hold may set us up for first signs of proper recovery. We can note that upper long-term trendline will eventually intersect upper pattern trendline which should provide...
Yesterday’s analysis is going as predicted at the moment. Right now we are heading down to retest our support at 934. This will push up to around the mid 1200’s.
Don't get suckered into bear market rallies thinking things are going to make a spontaneous u-turn .
ETHUSD is going to accumulate now and hopefully will start acceleration soon if it will break 1st Entry point
We have reached the capitulation stage. At this moment the Ethereum chart starts to show signs of reversal. RSI shows an oversold region being hit. The volume chart shows a shadow on last week's candlestick, clear rejection of the zone below $1k/eth. ETH $35k through Dec/22.
ETH SHORT!! using ote of todays range and the imbalance we are currently in ill be building into my short, keeping sl above high with room for spread. Our target is the h1 fvg 984 but look to take some off at the low marked 1017
ETH Daily neutral with a bearish bias. Recommended ratio: 35% ETH, 65% Cash. *Cryptos are enjoying a technical relief rally that is still ongoing even though Binance didn't buy $2b of Bitcoin this weekend, the bulls are saying bottom but I think it's a bit premature with JPow due to testify before Congress on Wednesday (06/22) and PMI due on Thursday...
Our updated Ethereum chart shows grande support at 1,000 and this level managed to Hold so we are optimistic now that it can go to 1350$ for a Crucial, key test of resistance. Don't forget that we have been SHORT and posting it here for you on Ethereum since close to 5,000$ mark. In 1 occasion (level) we had switched to Long, then back to short and we HOPE that...
Traders, Why $18,415? Where did I get that level of support from? Will it hold? Is it time to DCA? And why am I only trading in USDC/BTC pairs now? All of these questions and more will be answered in this episode of my crypto market update. - Stew
Price is back within triangular pattern with resistance holding between 1150 critical and prior low (dashed). Another bearish breakout could send us down to the aforementioned 750 range, while a hold may set us up for first signs of proper recovery. We can note that upper long-term trendline will eventually intersect upper pattern trendline which should provide...
still learning swing trade projection method base on finnabocci and boxed price x time.
Why not when it is yes. Take a look at the similar ABC correction in 2018, when ETH went down to $85. Same here, perfect with fibo, waiting for the 200MA test first, then we might go lower. to $950. it is simple.
Ethereum dumped over the weekend into the $900's. We have been anticipating 3 digit ETH for a while now, but buyers took interest when ETH reached the upper $800's and subsequently we saw a nice rally to reestablish the $1K's. We are currently in the value area between $1017 and $1235. We are meeting resistance in the $1100's confirmed by multiple red triangles...
Ethereum Intraday We look to Sell at 1249 (stop at 1301) Daily signals are bearish. There is no clear indication that the downward move is coming to an end. We look for a temporary move lower. Bespoke resistance is located at 1250. Our profit targets will be 1121 and 1071 Resistance: 1170 / 1200 / 1250 Support: 1100 / 1050 / 1000 Disclaimer – Saxo Bank...