Ethereum Quietly bounces off key support Ethereum - CRYPTOCAP:ETH
Bitcoin has been stealing the stage but is quietly confident making firm support in the background
Eth has bounced from a long term diagonal support line and currently challenges the 200 week MA
Hopefully we can turn the 200 MA into support
PUKA
Ethusdanalysis
Ethereum bullish divergenceETH 1day shows bullish divergence with price heading up into the downward trendline resistance The double bottom pivot at 1530 was well into the lower levels of the upward facing Regression Chanel with other parameters reset ready for the next run We expect some resistance around the low 1700 area before moving back into the 2000 level for the next washout This area looks a logical exit point for early leveraged traders
ETHEREUM: WAITING FOR A POSITIVE MOVE.ETH has been under the bullish falling wedge for quite some time and till now it has failed to show any positive move. With the pattern ETH is forming, it will be important for ETH to break above the resistance trendline for a positive confirmation. A breakdown below the supporting trendline will ruin the chart and make things more complicated.
I am expecting a breakout soon. What's your opinion? Let me know in the comments.
Thank you for reading.
Trade safely.
Regards,
Team Dexter.
Ethereum to continue LowerThe 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.
Ethereum: one more low before takeoffHello,
looking for one more low to complete wave c of (ii) before we could se any sort of upside resumption.
By making another low we will also touch equality of c vs. a which is usually a place where we can expect support from
Feel free to ask questions, if you enjoy the daily posts please leave a like and commend down below.
Trade safe!
#ETH - thoughts out loud №5Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
The current development of the situation indicates that in the absence of positive dynamics of movement from the current price, it may lead to a decrease in the price of the instrument (supply test).
However, it is worth considering that professional operators who create the market have their own plans that differ from the way the masses see the situation.
It will be great to take part in a rapid "unexpected" upward momentum in order not to let extra passengers into the market)
Thank you all for your attention, I wish you success .
Sometimes you win /sometimes you learn.
- thoughts out loud
- thoughts out loud
- thoughts out loud
P.S.
...Think positive)
ETH next low 1200 with harmonic pattern3D time frame
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From previous analysis, we see a potential bat harmonic pattern, which will bring ETH to 1200 by December
In this analysis, I provide another harmonic patter on ETH - shark structure.
With this shark harmonic pattern, we need to see the last pump to 2215 in near future.
Then start a pullback until 1200.
As always, get ready to seize ETH below 1200!
ETH ☀️ Ahead; What's In Store for BTC? Sun with some scattered clouds lies ahead for the global crypto market 🌤️ , including Ethereum and Bitcoin. This means that a slightly bullish market with upside potential is likely in the next 24 hours and over a one-week horizon. 🚀📈
Follow us for more crypto weather reports!
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) traded above its own support point at 1,850 on Friday, as the cryptocurrency continued consolidating.
ETH/USD dropped to a bottom at 1,855.32 earlier in today’s session, a day after peaking at 1,878.43.
The price consolidation comes as the RSI failed to move above a current resistance level of 48.00.
As of writing, the index is on the cusp of crossing this line, however, momentum is still relatively weak.
There could likely be a spark later in the day, depending on how traders react to the University of Michigan Consumer Sentiment report.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Ethereum will pump this weekHello, Community!
Today it's time to talk about CRYPTOCAP:ETH because the Bitcoin is staying at the same level. Like in BTC analysis today we apply the FibDiv strategy and combine it with our Skyrexio SmartBot.
Let's take a look at the chart 1. The first we should do is to define the impulse to apply the Fibonacci retracement to it. We should wait for three decreasing bearish candles to draw the Fibonacci levels. You can see how it looks like on the chart. It's interesting to consider purchases below 0.5 level. Now this level is located at $1800. When price reach this level we expect the bounce to the zone 27, approximately $2050. This is the minimal target. The maximum one is at the purple line ($2200), but I don't believe that it is reachable.
Of course we are not going to trade it manually becuase we have Skyrex SmartBot which takes into account all our knowledges and accumulate position where it's needed. It's working 24/7 which is great advantage because I often missed nice entries during the sleep. SmartBot has printed the next strong support at $1804, which coincides with 0.61 Fibonacci, there it will add to long trade. The take profit level now is located at $1993.
Best regards, Skyrexio team
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ETHUSD Analysis 16July2023for a moment there is a bullish trend that is more dominant, but if you look at the shape of the swing that has been formed, it could be soon entering a correction period. if you want to go long for the long term, it is better to hold back or maybe buy with the adjusted dollar cost averaging method.