Ethusdidea
ETHUSD. A POSSIBLE SWING TO $2600This pair has just been there, not doing the most. It trends one day and ranges the next.
A key point to note is that now, price sits on a strong daily support area.
We can clearly see rejections in this area, and we just need to see this current higher low to be firmly established on the lower time frames (H1, M30).
Once that happens, we could see more upside swings to the area of $2600.
ETH - PAY ATTENTION, this could be the best opportunity to sell❗Yesterday bitcoin broke its local trend line and then corrected it by 5%, followed by Ethereum and other altcoins. There is a lot of uncertainty in the market right now, you have to be very careful and understand that the market is in consolidation and this is not the best time to trade. If Ethereum comes back and tests the trend line as resistance, it could be a good point to sell, the target for this move could be the area marked below!Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
EthUsd can drop to 1800 againMy previous 1800 target was reached and from this support, Ethereun has started to rise again.
This rise is not impulsive though and looks near to an end
A break under trend line support would accelerate losses and 2600 zone should provide strong resistance.
I'm looking to sell rallies
ETHUSD Expecting BullishOn the ETHUSD daily time frame, we can see it's now trying to break out the support level, but before that, ETHUSD must make some correction upside. We can see it already creates an ABC pattern where the C is still unfinished. So, we are going to open a Buy call here and expecting to fill the C level.
ETH massive rally against BTC - ETHUSD, BTCUSDA large rally for ETH makes sense with the developing and adoption occuring with NFT's and DeFi finance
Nothing to me is pointing to a bear market, I just can't see it
I am hodling my original stance of a bullish state for both bitcoin and Ethereum in the medium term timeframe (weeks)
Comment thoughts and doubts (if you have them)
Etherum is not in bullish yet!!I think Etherum is not in bullish tren yet and needs to correct more.
it forms a triangle pattern and it can go down from here. be caution with your mony and others. otherwise if the price could go upper the triangle the scenario will change and the analysis will fail.
GoodLuck.
ETHUSD 13/06/2021 - WEEKLY FORECAST TF 4HHello Traders!
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the eye signs.
Heart in the box - a place to take profits
Eye sign - spot to jump in, or watch
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool.
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ETHUSD The Only Trend Line You NeedRestating this as I feel my first post for ETH and this was overlooked possibly,
This is a massive trend formation for the bulls
It will likely hold even against Bitcoin
At with the approaching 100MA test, that time may be soon
ETH looks really bullish, while BTC looks to find support..
EthUsd could visit the recent 1750 lowIn my previous analysis, I said that 3k should provide a strong ceiling for Ethereum, and rallies towards that zone should be should.
And, indeed, we had a rebound for EthUsd. However, the rebound was weak and without conviction.
At this moment Ethereum is trading just above local support and a break here should accelerate losses and expose 2k and 1.8k furthermore.
I will remain bearish EthUsd as long as the price is under 3k
Ethereum- 3k should be very strong ceilingEthUsd has also broken the trend line support that kept the price elevated since 23 May recent low.
At this point, 3k should be a very strong ceiling and a retest of the broken trendline could provide bears a good entry point.
The recent low could be the target and only price above 3.1k would change my bearish outlook