ETHEREUM: STILL HOLDING THE SUPPORT.ETH is doing good so far. Although it is holding the $1260 support level, ETH is still under a bearish pattern. You may call it a bearish pennant or a descending triangle, in both cases, it is bearish. We may see a bounce back to continue with the pattern which will be good for scalping. But unless we see a breakout above $1347, a bullish move will still remain pending. Also, be careful with the breakdown, if ETH makes a move downward then this may change the market scenario.
I hope this update was helpful. Thank you for your support.
Trade safely, guys.
Ethusdcrypto
ETHEREUM Ethereum, after breaking the straight support that held the bullish price, broke through. He started to enter the bears. We can see on the chart that we are in a bearish mini-channel. In the graph we see mini-flags that give continuity to falls. It will probably break through this bearish channel when the United States starts to give indications that the country's interest rate will decrease. For now, just drop!
Etherium - how the flat movement will end.The instrument continues to trade in the range min1218 - max1410. At the lower border of the trading range we don't see a pronounced buyer, as well as the lack of supply, this situation makes us wait for the logical completion and exit the flat movement into the trend. Trading inside the channel is possible.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy
ETHUSD in next month Hi
A prediction of ETHUSD is done by elliot wave analysis.
Based on this idea, we are at the end of third wave of 5th wave of first impulse wave. On this situation, This crypto can be correct to 1810-1850 and then raise to 2100-2150. Then the correction of wave will be began to1560-1640.
Have a good trade
Yours
ETHEREUM: HOLDING THE SUPPORT.Hello folks, here's a quick update on ETH.
Timeframe: 2 hours.
Update: ETH is at the edge of a bounce back or a drop-down. Things are pretty clear and I don't need to explain much. If ETH breaks and closes below $1500 then $1366 would be the next support level. and if it bounces back then ETH will face the 21 MA resistance and then the upper trendline.
Conclusion: Be ready for both long and short opportunities.
I'll update more on this, until then trade safely.
ETHUSD - 8h AnalysisHello there all,
Here's the ETHUSD analysis outlook potential direction.
Please do let me know if you are seeing what I'm seeing or have a different perspective on it, I would love to see your analysis.
Please do drop the chart link below on comment section.
This is not financial advice. 🙂
Thanks all.