As per my analysis ETH will fall to $2700 in upcoming days. you can plan your trades as per proper risk and reward ratio
Ethereum retraced to the Support Zone, following the rest of the crypto market in a pullback. Now that ETH is on the Support Zone, can we expect a bounce? How do we trade this? 🤔 I think it is probable that we get a bounce back up to the Daily 30EMA, but I do not believe ETH will break it. We may have witnessed the first leg down in a 2-legged pullback for ETH...
Ethereum has shown great signs of bull strength as Bitcoin and the crypto market burn hot into this bull run. The time for entering longs on the higher timeframes has likely come to an end. So is it time to short? How do we trade this? 🤔 ETH does not have any sell signals yet, but we did just break into a major resistance area at $2,500. With four pushes up,...
Ethereum has a string of reversal indications that give us a picture of bearish price action. Are these data points enough to enter a short? How do we trade this? 🤔 Three pushes up, an ascending wedge, and strong resistance alone is not enough justification to enter a reversal trade unless you fade your position (small entries until the reversal happens). It's...
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...
Hi guys, let's look at the current situation for ETHUSDT on 4 hour price chart. After breaking previous support at 1760 the price of ETH didn't recover much and continued it's fall up to next support at 1660, which I indicated in my previous review. After such a big price drop now we see that ETH price recovered all its losses. The previous support now became a...
Past performance of ETHBTC Ethereum bulls are in control as the coin tears to register new highs versus the greenback. Meanwhile, the coin reverses losses against BTC, looking at the formation in the daily chart. Overall, for now, the path of least resistance is northwards, and aggressive traders may look to align themselves with gains of April 11 and 12. Those...
What Happened This Week? Bitcoin $BTC and ether $ETH hit 2023 highs this week, as the Fed raised interest rates but signaled a coming pause given continued banking woes. Takeaways: Banking woes continued as UBS bought rival Swiss bank Credit Suisse to stem a brewing crisis. In a coordinated action, the Federal Reserve and other central banks increased...
Past Performance of ETHBTC ETH prices are relatively firm versus BTC when writing, per the formation in the daily chart. Overall, buyers are in control, and the immediate trend is northwards. From the ETHBTC candlestick arrangement, the immediate support is 0.075 BTC coinciding with around April 2022 highs, a critical reaction level. #ETHBTC Technical Analysis...
Past Performance of Ethereum ETH prices are relatively stable, swinging, from a top-down analysis, in a bear formation pattern as per the candlestick arrangement in the daily chart. Even though traders are hopeful, expecting substantial recoveries, bulls should first shake off bears by closing above $2.2k in the immediate term. In that case, ETH may spring higher...
Here is my view for ETHUSD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Short Selling zone ==> Local Resistance ==> Resistance ==> Major Resistance Buying Zone ==> Local Support ==> Major Support
A double bottom is happening now on ETH chart. After it breaks the neckline then you can see the price target on chart. I wanna mention that price has broken 200MA (Bullish).
Ethereum's situation is much better than Bitcoin that's for sure because ETH price is still moving in an ascending channel Right now price is in the bottom of this channel and it has support, It's important to keep it. Let's not forget, ETH is the mother of altcoins.
We have a falling wedge on ethereum. Looks like we could see higher prices soon. We could dip before going up but I think that we could go straight up from here.
We have a bearish rising wedge. BTC is also dumping. A good short opportunity.