BINANCE:ETHUSD reacted more violently than BTC to the long-awaited btc-etf news. But why? The price tested the high at 2717 and formed a false breakout, leading to a correction amid bitcoin's decline. ETH technically looks stronger than BINANCE:BTCUSD . We can judge from the chart and strong bullish momentum and not a big pullback. The reason for this is...
Here is an over view of my ETH prices, my fundamentals are based on my BTC analysis I posted on my tradingview page
Here is my discount prices for ETH, the analysts is based on my previous analysis on BTC, feel free to check that out.
Bearish clouds ☁️ linger over the global crypto market in the next 24 hours and week, likely to put pressure on crypto coins such as Bitcoin and Ether. However, Binance Coin, Dogecoin, and Chainlink defy this negative trend, suggesting upside potential in the near and medium term. 🌞 Follow us for more crypto weather reports!
I see it falling With large amounts of liquidity at the bottom, an increased bullish movement over the last few days and news punctuated by the big banks, the price could fall further towards a psychological zone of 2500👍
As predicted in our last recap, all 11 BTC ETFs were approved. A new era has arrived for crypto. This means that more American entities will be able to purchase BTC through asset management companies. We learned from Bloomberg that the the trading volumes of the 11 BTC ETFs in the first two trading days were $4.6 billion and $3.1 billion respectively. Although for...
Ethereum (ETH/USD) has just reacted off a pullback support and could potentially climb higher towards our take profit target. Entry: 2,502.56 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 2,447.39 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement...
Since there is no major event related to crypto, so Ethereum and other major alt coins may plummet upto 20% to 50% in upcoming weeks. My view for Ethereum is upto 1900 USDT.
ETH is currently being held back by the 50 on the Weekly, a break above the 50 could push all the way to around 2300. Please do your DD as this is not a financial advice
ETH maintains above daily piercing (dashed red) with recovery back to short-term EMAs. Look to support at wedge resistance as we close in on the breakout point to 2585; this should hopefully raise 200EMA to 2500 or pattern. Viewing H4, a third down-step is also possible given resistance at 2550. Continue to use daily piercing as the close goal in this...
Broken out of ascending triangle which indicates target of 4000 and 4500 ..risk reward is 1:4.
This chart is a simple Elliot wave analysis of the cryptocurrency Ethereum. This chart is on the monthly timeframe using a line chart for a clearer picture. The starting point is an impulse leg with a small pullback with indicates impulse instead of correction. Price after completing 5 legs with an extended 3rd leg finally topped and retraced perfectly to the...
Overall, Ethereum's market dynamics reflect the situation with BTC. Ethereum recently underwent a minor correction and is currently trading near the support zone of $2,465–$2,514, where a buyer response can be expected soon. For the continuation of the upward movement, CRYPTOCAP:ETH needs to break through the seller's zone of $2,581–$2,646 and test the high at...
It seems to be moving towards a flag pattern....It seems to be heading towards a flag pattern...albeit for short time frames
With the approval of the Bitcoin ETF already in place, the market is now eagerly awaiting the approval of an Ethereum ETF. In the spot market, attention has shifted towards Ethereum, with traders actively speculating on its price. We can observe Ethereum (ETH) forming a double bottom on the H4 chart last week and initiating an upward movement. Subsequently, it...
Ethereum reached a resistance area, and to continue the pump it need to flip it into support. A rejection here could probably lead to price to new lows. I will wait a moves before entering a trade
Hello Everyone, The current ETH/USD situation places it in proximity to a significant monthly resistance level at 2502.313 and close to the weekly Pivot Point at 2487.897. There is a strong possibility of a retest of the monthly Pivot Point at 2258.437. A decisive establishment below 2487.897 could signal a higher likelihood of testing the 1M Pivot Point at...
Price remains below 2585 critical causing another touch off 2500/wedge resistance. A double-bottom may be in play if we can flip short-term EMAs and keep above 200EMA. Closing below the daily piercing (dashed red) should be avoided in order to continue recovery. www.tradingview.com