Hi dear treaders After breaking the ascending channel, the price went down to the support area of 2982. Now the price has formed a descending wedge pattern, if the pattern is confirmed we can enter a long position. Let's see what happens This is not financial advice ( DYOR ) Good luck
If a falling wedge appears on ETH, I am going to open a long.
After failing to re-claim $3,166 yesterday, we saw a decline towards $2,992 zone. From its current location, the price can move in either direction. A bullish move towards and break-out of $3,166 followed by a re-test of this level will offer a long scalping opportunity towards $3,370 and, possibly higher, to $3,551. A bearish break-out of $3,354 will lead...
you see that the ETH is in uptrend and if the ETH break the last resistance leavel which is $3337 the price will go to $4007 and if the ETH break its supply zone or support the will go to $2538 but i think its a trap for retailer to break support level to liquidate them
ETH is on a very strong support and volume is looking good, we can expect a nice bounce from here.
Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price some time ago declined to the support level, which coincided with the buyer zone, after which rebounded and tried to grow but failed and declined to the support line, which is located in the buyer zone. Then ETH in a short time rose to the seller zone and...
Hello everyone! If you enjoy this content, please consider giving it a thumbs up and following for more crypto updates. Welcome to this ETH/USDT Quick Update! The chart suggests a potential bullish continuation for ETH. It's currently consolidating within a falling wedge pattern, historically considered a bullish reversal sign. There's also good support around...
Taking a look at the #Ethereum daily timeframe, we are still potentially forming this massive falling wedge pattern because as of right now, the price has not yet confirmed the break either below the line or above its resistance line. The line of support is sitting at around 2890, so also right around that 2.9K level, which is an important level on the chart, and...
The market is lateralizing in a microestructure and below it there is an order block from a failed previous CHoCH. Its worth going in without waiting for a new CHoCH in this zone. RISK ENTRY.
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. ETH YOU CAN DECIDE NOW. 📚 👉As we can see price is still overall bullish from a long-term perspective, trading above our rising broadening wedge pattern, And till now price is respecting our 3k support zone. 👉Meanwhile, and...
Scenario 1: Continued Downtrend: if the MACD crossover is confirmed (blue line below orange line) and the RSI dips further below 40, it could indicate a continuation of the downtrend. Potential support levels to watch: $2400 (previous low) and $2000 (psychological level).
Nice to meet you, friends. It's called E.s.s, which hits the exact target like an eagle In the long-term bearish, We found and substituted short-term uptrend line with important angles. If it breaks down the current short-term uptrend line, ETH will drop to the RSI oversold. The standard is to BREAK DOWN the short-term uptrend line.
I can't speak with certainty, but considering the model and approach of Ichimoku and GAP,given the decline of Bitcoin as a recognized indicator in crypto, it can be inferred that the decline of Ethereum is not far-fetched. Bitcoin is projected to decline up to 3900 on a daily basis, with that being the target. Therefore, the decline of Ethereum, based on the...
ETH - a very short time frame chart! So, those levels/zones above represent Targets, but step-by-step. I.e. to reach the next one we need to be adobe previous.
Falling wedge formation on the #ETH daily chart. Currently, it has been rejected from the falling wedge resistance + MA100 + EMA50 Let's see how it will play with the falling wedge. In case of a breakout, the targets are: $3368.85 $3645.97 $4093.92 Support is: $2920.91
Price of Ethereum is currently following my model. I am also more interested in being a buyer than a seller as can be seen from the analysis Therefore, my target for Ethereum is about $4k Let's see how this plays out
If we look previous data of ETH then we will come to know that it goes parabollic after reclaiming liquidity zone. Now current weekly time frame is also same. It has swept liquidity and now trying reclaim that level. Once it done we can see big pumping moves in ETH and also in alts but can take some time as its weekly time frame. Now its time for accumulation.