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
Ethusdlong
Ethereum Follow The Bulling PATH!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Ethereum is riding up this yellow trend line nicely, If we do have a pullback the next support is around 2400-2600 ! If we can hold I expect 3500 level to break through and going for 4000+
Update: ETHUSD Swing Currently 53%, 9% Gain to Target 🎯 Update: ETHUSD Swing Opportunity Currently 53%, 9% Gain to Target 🎯 @ $3,617. See previous analysis below. Happy Trading :)
Update 10/08/2021: ETHUSD Currently 6% In Profit 12% Target 🎯 Now 44% in profit from the 13 EMA 50 SMA crossover. Next target @ $3617 and new ATH @ 4804 before October.
ETH/USD Will eth hit a new price ceiling by the end of the year?Are we still in the middle of the road, can we see more price? I have to say yes, my forecast is $ 6,000 to $ 8,000 by the end of the year. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
ETH updateI decided to update you also on ETH the king of the alts. Eth seems a little more prime then BTC to start moving up. As you can see is now trading in an ascending channel, this is also a bearish formation, however bullish till the lower support is broken. I believe eth will move its way up to 3500, there it will be interesting to see if it will form a whipsaw and push to the 3800 level before to retrace back down to 2800 and possibly 2400. To appreciate the flag ETH formed in the RSI, if the momentum will break upward then we should have a nice acceleration up, the opposite is also true.
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Ethereum / Dollar 💥 looks HOT🔥Hello^ Ethereum traders^ and those, who wanna start trading it 😊
Good news I guess!🧐 We expect either the recovery of the bullish trend or a good rollback upward!
The MA's hopefully crossed, hinting at a buying opportunity😃
Let's waiting the price at 3400 -3500 - 3600 $ but first we can see the retest of previous support👇
and share new meme as always 😁
Hope My post was helpful for You♥️
Stay tuned by Rocket Bomb 🚀💣
ATH condition: first correction and then pumpHello dear friends
As you can see in the diagram, the ATH is ready for a correction after the recent ascent
ATH correction can be Fibonacci 0.618 = $2300
That is up to MA200 per day = $2300
That brings the price correction to around $2,300
After this correction, we see the formation of a continuous and incremental triangle
Now, with this correction, ATH will make its point D in the ascending triangle and will start moving towards the upper side of the triangle, and after breaking the upper side of the triangle, it will continue its movement according to the triangle pattern up to $6,800.
Dear friends, this is not a trading recommendation
Please make your transactions at your own discretion and opinion
Good luck
ETH/USD - midterm investment setup
Hello, Traders
Buyers managed to keep the price in the range of $1740 - $1960.
Later on, growth began based on the news about the "London" hard fork. The essence of this hard fork is the launch of a deflationary model, where part of ETH, which is used to pay commissions, will be burned.
Like Bitcoin, the technical picture of the pair has improved during the last two weeks. MA100 at the daily and 12H timeframes is supporting the price, while the RSI indicator is in the bullish zone.
Cluster and volume analysis shows large purchases in the range of $2200 - $2400.
The growth with minimal pullbacks always ends with a correction, after which it is possible to connect to the purchases.
The position is best formed in several parts :
The main part in the range of $2140 - $2390.
The second part in case of a bullish correction within the range of $2455 - $2625
The third for the case of a deep correction in the range of $1960 - $2040
Stop-loss can be placed under the level of $1845
The targets for such purchases will be price levels of
$3200
$3590
$3800
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice