Though this episode of crypto winter is very soon due to be a thing of the past, just a regular seasons do, it will come around again! Considering the all-time structure of Ethereum's price chart, I believe the next crypto winter will be especially bad for Ethereum. While many altcoins are due for very sizeable runs (100x - 500x and more) over the next couple of...
Ethereum! Anticipating a retracement from Weekly Zone 3,519$ and monthly zone 3,346$. Wow! What an ascent that we have observed in recent weeks. A bull market typically has healthy retracements from profit taking and to clear late buyside liquidity. Gathering liquidity is necessary to continue the upside campaign and so we may retrace and consolidate for some time...
Ethereum is far into its bull run from $1,100 to $2,300; with three pushes up and a Weekly RSI near the 70.00 level, and we're near a resistance level. Three initial conditions for a trend change. How do we trade this? 🤔 These conditions are great indicators that we're near the end of the current bull trend, but we don't yet have any confirmation that we're...
The previous overall count remains valid, please find the link attached. We seem to be bouncing back and forth between the 61.8% and equality of wave c vs. a. Looking for that one last leg lower into wave 5 of c before considering longs. Feel free to ask question, please leave a like if you enjoy the content, Trade safe.
ETH Bulls to Target $1,950 on Sentiment toward Crypto ETFs While staking inflows and US economic indicators will draw interest, ETF-related news will remain a focal point. Bullish throughout the morning, ETH rose from an opening price of $1,828 to an early afternoon high of $1,879. Coming up against the First Major Resistance Level (R1) at $1,874, ETH eased...
Ethereum is Creating Lowr Lows and Lower Highs as it descends away from our Weekly Supply level $1,915. Price ran into th Weekly Supply level last wednesday and ever since then we have been unable to identify a push to create a Higher high on the Intraday timeframes. Instead price is retracing and it appears to be stepping down stairs in a calculated fashion. As...
This Short Idea begins at a 1Hr Support Zone & let me explain my thoughts. The Idea for the trade stems from the fact that the Weekly candle is Bearish. Daily candle is bearish. 4Hr Market Structure is bearish and descending away from our Weekly Supply level at $1,915 ( Published in a previous idea). We are shorting the breakout to the downside in anticipation...
After the daily close of yesterday, it became apparent that this pair isn't in much favor of an uptrend. I believe that this is an indecision retracement, price has already been rejected at the weekly resistance and 62% fib. It's formed it higher low and now its looking to either push for new highs or begin new lows again. This is a daily setup being monitored on the 4H.
Ethereum - 24h expiry - We look to Sell at 1829 (stop at 1879) We look to trade the current range. Bespoke resistance is located at 1830. 1830 continues to hold back the bulls. The preferred trade is to sell into rallies. Our short-term bias remains negative. Our profit targets will be 1709 and 1689 Resistance: 1810 / 1830 / 1850 Support: 1790 / 1770 /...
4h time frame - We see a potential harmonic structure(shark pattern) on 4h time frame. The potential reversed point is around 2195 Plus, if measre the price pumped range from the wedge structure, we can also have the same price around 2195 We might see Ethereum reach 2195 soon, and do not be FOMO there. Stay prepared to open short!
Ethereum - 24h expiry - We look to Sell at 1876 (stop at 1926) Previous resistance located at 1880. Previous support at 1870 now becomes resistance. Short term bias has turned negative. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 1756 and 1736 Resistance: 1830 / 1850 / 1880 Support: 1820 / 1805...
2h time frame - Refer to the previous structure from Mar 27 to April 17 We can easily predict the next trend of ETH Still have the potential to create harmonic pattern in near future. With this analysis, timing to open short will be around 2200 Get ready for it!
2h time frame - Ethereum still creating a potential harmonic pattern as previous analysis We might go to 2190 soon, and there will be a potential reversed price as marked.
As we can see Ethereum/USD is making Symmetrical Triangle pattern in 15 min Timeframe. As price is making Higher low's, it is gaining a momentum. If price crosses upper resistance trendline we can see a further upmove and crosses down support trendline we can see a further downmove. This is symmetrical triangle pattern also called as continuation pattern. If price...
BYBIT:ETHUSDT.P 4h time frame - Ethereum's Shanghai upgrade is imminent. Also, we can notice there is a potential double top structure forming. Try to short it if break down that uptrend line.
Following the bull run that happed last weekend, we should a sell for correction. My targets are shown on the chart
Looks like #ETHEREUM is about to to clear some smiles from the bulls as it descends around 30% to meet recent support levels. There'll be a few swings in this descent where shorter term traders could bag multiple profits up and down, but our forecast for the next month or two most definitely red! _________ What Do You Think? If you enjoyed or agree with...
Ethereum was struggling to break the resistance of 1670USD. After the final rejection, the was finally rejected. Based on Fetch Trends, which used the rsi and 2 moving averages to calculate the colors, the uptrend is weakening. In my opinion, the uptrend is over. We're now expecting a drop back to the support zone of 1260 to 1360. Based on the performance of...