Ethmoon
ETH A Closer Look - May 21, 2021 Target $5900Decided to take a closer look at the Eth charts today. The 4-hour chart shows a definite bullish pennant forming and we're touching the top of it.
If we break out in the next 12 hours, it's possible that over the next 11 days we'll be on track to $5900.
I'm only publishing this for my own record-keeping because I don't know that I believe we'll hit that value anywhere within the next 30 days.
Looking back at the Daily chart, I also see that we're in new territory, so it's difficult to do any long-term forecasting when we are this logarithmic.
However, if we do reach anywhere near the $5900 range within the next 2 weeks, then it is entirely possible we could break the $10-12k barrier by July 1st, which would put us off the charts.
ETHUSDT ETHEREUM continuation to the upside or notI'm not sure what to expect next, if this pumps it could be great for alts i've had the following targets:
Started watching ETH @ 750
Target 1: 1000
Target 2: 1500
Target 3: 2200
I think Ethereum is a great hold as i hope to see it top 20.000 one day.
Ill start updating this chart again. Im more invested in other alts atm but i always check this and bitcoin because i see them as 2 big brothers.
# I am not a financial advisor, i do this for fun :) Trade at your own risk, remember ALOT of people lose their money.
Ethereum On Its Way To The All-Time HighEthereum broke above the $1,155 resistance, and retested that level! Now that it held, ETH is on its way to reaching its all-time high once again!
Breakout?
The second-most capitalized coin on the market started following Bitcoin closely by growing quickly in a short period of time. Ethereum is already up by more than 60% this year.
The coin was previously rejected by the $1,155 resistance on January 3rd. This is the last resistance in Ethereum’s path to the all-time high. Therefore, a breakout of this level is critical.
A daily candle has already opened and closed above this level, which is a very positive sign. The price has reversed and pushed upwards after retesting this level, thus confirming it as a support. Therefore ETH is on its way to the all-time high again. If Bitcoin continues its uptrend, it is likely that Ethereum will also reach its all-time high soon.
What To Do Now?
If you are a support and resistance trader, and you are already in the trade, you may consider selling when ETH is approaching the all-time high, which will probably act as a strong resistance.
If you prefer to trade using technical indicators, then you can take this as a confirmation of an uptrend. Trend-following indicators such as moving averages, Parabolic SAR, and MESA are excellent indicators that you can use to catch the big moves in an uptrend.
eth moon 580% price gain last 30 days 10x long ethmooneth moon 580% price gain last 30 days 10x long ethmoon