This can be play out as a correction and confirmation of breakout, may be not a major one. Not financial advice.
4h time frame - TP: $4700 SL: $2705 - ETH jumped out the substantial wedge structure, and had a drawdown to retest it. According to several times that ETH tested 0.382 Fibonacci projection, which build a robust bottom around $2850 for further pumping. Uptick is coming once ETH confirms this breakout, that will make an instant surge to $4700 in future. -
Upside Targets: * 3112/3130/3137 Downside Targets: *3094/3065/3050 Daily Trend Tracker - *Bitcoin+ DXY+ VIX- US10Y+
Analysis of Ethereum 4-hour time frame Ethereum can rise from these ranges to 4040
Buyers are in control so I expect ethusdt to continue going up! TP at 2.618 with a very good RR.
There are two scenarios. 1- Bull pennant 2- Bull flag Write in the comments which one do you think? - If it is a bull flag, there is a possibility to drop to $2800. In a different analysis I shared yesterday, I gave the target of $2800. Please check it. - If it is a bull pennant. Yesterday we had a bear trap and now retesting the breakout. In both scenarios, I...
Eth, 4h, htf trading(spot traders) How we see, what goes around comes around
Personally, I want to see us reacting here and a small corrective move into the 2985 area (Yellow Box & daily level) and then breakout into the 3300's
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) You can see that ETH has a volume profile around 2.7K and in the 1.4K-2.0K range. Also, due to this decline, the HA-High indicator appears to be moving from the 3321.30 point to the...
ETH ~ 2D #ETH Make a purchase after successfully breaking through the resistance line of this pattern, with a minimum target of 20%+. Watch and wait for this pattern to be successfully broken.
Ether (ETH) has surged 20% to over $3,829 as favorable regulatory developments increase the likelihood of ETF approval. CoinDesk 20, tracking the largest digital assets, rose nearly 8% amid positive regulatory progress on Ether ETFs. The Securities and Exchange Commission (SEC) has made abrupt progress in the approval of a Ether ETF by asking exchanges to update...
Ethereum ETH large parallel channel, the upper line is the top, the middle line is the oscillation, and the lower line is the bottom.
Ethereum has reached a resistance range and is still moving under a downward trend. Considering the failure to break this resistance, we expect a price decrease towards 3000 and even lower towards 2900.
Hi everyone, Ethereum price continue to consolidate within 3000 - 2800 support area but lately it looks like there will be breakout below 2800 and towards to 2400 support level. If we look at the chart, we can clearly see lower lows and lower highs which says that ETH price isn't ready for a rise. More likely scenario is that price will contunue to decline...
A massive bullish movement occurs after our post.Still ETF is not approved,once it happens we will see you on 5k$.
#DYOR This is by no means a financial advice, rather it's my own personal opinion regarding the ETH/USD outlook that I expect to play out in the coming week.
After a long hand up in the general structure, I see a possible long with a short stop, which is not a very critical position for me
Not Financial Advice TL;DR Bullish Pennant on BINANCE:ETHUSDT daily chart, upwards breakout target would be very close to 2021 ATH. SEC approval of VanEck ETF (final deadline on May 23) could be a major catalyst. A rare case of (potential) technical and fundamental confluence: ETH has been building a Bullish Pennant since the end of the Feb 5 - Mar 12...