ETH Breakout Alert! 🚀📈 Analyzing Momentum for MOVR Cont.🚀 Unveiling Major Breakouts! 📈 In this exclusive video, we dissect the exciting world of cryptocurrency trading, focusing on the recent Ethereum (ETH) ascending triangle breakout and the compelling bull flag continuation pattern on MOVR.
🔍 Dive into the market dynamics as we explore the technical intricacies of ETH's ascending triangle pattern, deciphering what this significant breakout could mean for the crypto giant. Discover key support and resistance levels, along with potential price targets that might shape ETH's trajectory in the coming days.
🚩 But that's not all! Our attention also turns to MOVR, where a promising bull flag continuation signals potential upward momentum. We'll provide a comprehensive analysis, unraveling the chart patterns and identifying critical indicators that could influence MOVR's ongoing bullish trend.
📊 Join us for a deep dive into these exciting market movements, complete with live chart analysis and expert insights. Whether you're a seasoned trader or a crypto enthusiast, this video is your go-to resource for understanding the current trends and potential trading opportunities in the world of Ethereum and MOVR.
🔥 Don't miss out on this market analysis! Hit that subscribe button, turn on notifications, and stay ahead of the crypto curve with our in-depth technical analysis.
📈 Disclaimer: This content is for informational and educational purposes only. Trading and investing involve risks, and it's essential to conduct your own research or seek the advice of a qualified financial professional before making any decisions.
👉 Subscribe now to stay informed on the latest crypto market trends! #ETHBreakout #MOVRContinuation #CryptoTradingAnalysis #BullFlag #TechnicalAnalysis 🚀💹
Ethbreakout
Ethereum Breakout!!Ethereum is looking pretty good on a 4HR timeframe we have formed a bullish flag and have since broken out on our current 4HR candle, this is a great sign of whats to potentially come and we could be looking at a continued run here to the upside! Another positive we saw was holding that 0.3 FIB level at 3200 aprx, as for resistance we are looking at 3337$ and 3400$, we had some trouble with the 3400 level at the top of our bullish flag but this time around we should have the momentum to drive right through! Looking at our bollinger bands we are currently above the midline which we closed over and is now support for us, looking at a potential climb to that top band where like you all know could trigger a further run to the upside, historically closing on the top band can trigger fast paced runs to the upside with big momentum, if this is the case for us i think we can easily breakthrough that 3464$ resistance level to start making the push for 3500$ and 3600$! Our RSI is looking very nice we are back up and above the midline and this is a very good sign overall for ethereum, if we can successfully hold above here we are going to be looking at another confirmed uptrend, we have to take out the Yellow SMA which is currently acting as resistance but getting above here adds another cushion of support for the RSI aswell as the midline! Now the Stoch RSI, we have came all the way down to the oversold zone and currently are making a fast reversal with our blue MA leading the charge creating separation from the orange, now thats exactly what we want to continue to see moving forward, making it more difficult to trigger a bearish reversal, could be looking at a bigger upside move coming up soon! Not financial advice just my opinion!
ETH USDT: SELL @ 3252Hey Guys, hope you are all doing well. I've been away for the past few days, but I'm back now with full force.
Welcome to today's trade as a part of "Aglogains - Daily Trade Series".
The price broke out of the price the ascending triangle pattern to the downside. The RSI has also been showing weakness for the past few candles in the 1HR time frame.
Taking these two conditions we have entered a short position at 3252.
I'm following a new techniques of trading triangle patterns where the expected move should be equal to or greater than the breadth of the triangle. In our case it is around 120 points.
But there is a resistance at 3200 - 3195 so I would look to book some profits at this levels or watch how the price behaves at this level closely.
Entry: 3252
TP: 3152 (100 points, since my entry was after 20 points, and I'm expecting a 120 point move.)
SL: 3282 (30 points)
Will keep you posted on the progress.
Possible ETH BreakOut: ETH Feeling a Little Bullish?My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
Note: This is not financial advice, nor am I a financial advisor. Therefore, my analysis should be taken with a grain of salt.
--------------------------------------------------------------------------------------------------------------------------------------------------------
ANALYSIS:
ETH 9EMA is looking to cross the 20EMA, which could have ETH explode to $700. However, we could have a break to the downside if there is a failed RS flip @ the R1. Therefore, be aware of a possible 12% dip, which is very possible due to whales want to bag ETH @ a discounted price. But, in most cases, ETH tends to break out on its 4th attempt @ an area of resistance. Currently, the $620 region is acting as resistance, so keep a close eye on that area for validation.
Ethereum's Next Moves after previous awesome TAEthereum is being bearish from long time and it's damm painful and burning a lot of people's damm hard. First the whole market depends on Bitcoin but still in 4H chart it is breaking the support lines like hell and going more down a lot much faster as expected after breaking previous levels on 589$.
Now we are having one more support levels at 451$ or in mid of 445$ to 451$. So if it will break 445$ then we gonna see it go down more much more than this right now. It will be more worse.
But Ethereum is still in bearish movement and it is gonna stay bearish for now and some time onwards but in April it will increase back as some positive news over Ethereum contracts.
Remember i am not your financial advisor so be careful with your own stuff only put that money which you can afford to lose. Like = Preys for Ethereum now.
Ethereum is following exactly as we expected and told in previous TA's. Follow for more awesome TA's. Till enjoy the TA and take profits.