Ethusdidea
Eth consolidation Eth breakout from flag pattern
Consolidation at resistance
Expecting breakout or further move
From start of next week
Resistance lvl of 3290 is tested thrice already
Bears seems to be fading
Incase of uncertainty down side support 1 cannbe 3200 thereafter 3160-3120 zone
Trend rider only, not opening fresh position
As risk to reward won't be favorable
Happy weekend, happy trading
Ethereum- Pin Bars before correctionAlso Ethereum looks tired and a correction could be just around the corner
A Doji candle 2 days ago is followed by a Pin Bar yesterday and this give me reasons to expect a drop soon.
Above 3200 sellers seem strong and short term sellers could have at least 2800 as a target
A daily close above 3250 would negate this scenario
ETH looking at minor pullback before shooting back upFinally Crypto good days are back.
ETH is also looking good on a 2H chart. It is moving in an upward channel and on the short term it is currently going through minor pull back.
I have highlighted the area of value which could be a good option to go LONG.
It will need to break current Resistance at 3189 before continuing its journey up.
ETH Daily Analysis 7th Ausgust 2021As the chart tell us that ETH already break out 1767-2300 range zone
Eth also break out strong resistance 2860 which formed on May -June 2021
Clearly, Eth is heading to strong resistance around 3200-3300 which would confirm strong uptrend to 4100 zone.
Senario 1: Eth fail resistance 3200-3300 retest 2860 support
Senario 2: Break 3200-3300 , confirm strong uptrend, heading to 4100 zone
ETH/USDT Analysis 3000$Has completed the double bottom pattern price.The price after the pullback to the neckline of the pattern can rise up to $ 3,000. It has also broken the downtrend line. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
EthUsd- Rising wedge is a warningLike all the crypto market, EthUsd also has had a good run in the past 2 weeks, gaining 1000usd.
However, the rise is not impulsive in nature, resembling an ABCD type correction and also is forming a rising wedge.
Confirmation for sellers comes with the break of the formation support with more confirmation once we have a break under horizontal one.
I'm looking to sell
Ethereum buy the break of $2400Ethereum - Intraday - We look to Buy a break of 2412 (stop at 2346)
Pivot resistance is at 2410.
A break of bespoke resistance at 2400, and the move higher is already underway.
Prices have reacted from 1717.
Posted a Double Bottom formation.
Short term momentum is bullish.
Our profit targets will be 2596 and 2686
Resistance: 2400 / 2500 / 2600
Support: 2300 / 2250 / 2200
ETHUSD - BULLISH BREAKOUTDaily Timeframe.
ETHUSD breaking out from ascending triangle formation
Currently in the progress of flipping the range high into support, for further continuation.
Stops Placed below $1876 lower leverage play.
Targeting the 161.80% fib.
Offering a 6.95 to 1 risk to reward ratio.
Eth is looking very bullish, currently front running btc.
Follow it down and find a entry.