Ethereum Technical AnalysisFxNews —Ethereum tested and bounced off the ascending trendline on the 4-hour chart. Immediate resistance rests at $2,480. The pullback could extend to the $2,560 resistance if ETH/USD closes and stabilizes above $2,480.
If this scenario unfolds, the bearish outlook would be invalidated. Conversely, a break below the October 25 low at $2,380 would trigger a downtrend that could extend to the $2,300 mark.
Ethusdsignal
BUY MORE ETH FROM ZONEHELLO FRIENDS
as I can see ETHUSD now created a double top and tested a resistance
but the Bull Run is just beginning we will soon hit all time high after a little retracement till broken descending channel Friends it's just a trade idea shares your thought with us ...
Stay tuned for more updates.
ETHUSD BUYING FOR A NEW ATH HIGHER!!!HELLO FRIENDS
As I can see ETHUSD just tested a strong resistance level near 4K$ and now we expected more upside moves in coming days we are buying more Ethereum from buying zone till that level now we enter for sell from last HIGH Friends as all of knows it's just the begging of BULL run many new billionaires are joining the crypto not only peoples governments are involve in it now and as we all had saw a big move to ATH on BTC is indicating that more greed is coming after this halving
friends it's just a trade idea on the base of technical and fundamental view kindly share Ur thoughts with us it helps many other traders.
Stay Tuned!!!
for more updates
DeGRAM | ETHUSDT in consolidationETHUSD is consolidating following the dump.
The market is prolific, with harmonic patterns in consolidating markets.
We expect a rejection and bearishness from the kill zone.
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Ethereum could have a new leg downBITSTAMP:ETHUSD has experienced a positive trend since mid-October, with the coin gaining 30% over the past two months.
However, after reaching the significant long-term resistance level in the 2.4k zone, a correction ensued, causing EthUsd to drop to 2150. The coin tested the confluence support provided by the horizontal level and the rising trend line.
A rebound followed, and the current price stands at 2270. The rebound from this support appears corrective in nature, suggesting that a new downward movement may occur. The initial indication of renewed weakness would be a drop below 2230, with confirmation occurring under 2200. In such a scenario, the coin could undergo further correction and test support levels below 2k.
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.
Ethereum highest price in this bear4h time frame
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We see a potential harmonic structure(shark pattern) on 4h time frame.
The potential reversed point is around 2195
Plus, if measre the price pumped range from the wedge structure, we can also have the same price around 2195
We might see Ethereum reach 2195 soon, and do not be FOMO there.
Stay prepared to open short!
DeGRAM | ETHUSD potential shortETHUSD is in the bearish trend on higher timeframes.
The market is moving in the descending channel and testing the resistance zone .
The market bounced off the upper border of the channel and is heading down.
We expect a break and close below the support level and further bearish move.
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ETHUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Ethereum Analysis: Head & Shoulders Pattern ConfirmedGreetings everyone,
I am writing this post to share my recent experience trading Ethereum. I have been closely monitoring the 30-minute chart and have identified a Head & Shoulders pattern, which has since been confirmed with a break of the neckline.
To manage my risk, I have placed a stop loss at the halfway point between the two shoulders of the pattern. This will help me limit my potential losses in case the price moves against my position.
As always, it's important to keep a close eye on the market and be prepared to adjust your strategy as needed. I look forward to hearing your thoughts and insights on Ethereum's current price action.
ETHERIUM 1HOURLY NEAR FUTURE ANALYSISTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 1 Downtrend in red color (Short Term).
We have 1 Uptrend in green color Internal Trend (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are very tight stop losses that could be used in high leverage future trading.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
ETHUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Ethereum- A daily close above 1300 would be strongly bullishAs I said in my previous analysis, as long as 1100 is intact, Ethereum is bullish.
The structure for the coin is becoming more and more clear and bullish with a confirmation of a double bottom in place once we have a daily close above 1300.
In such an instance 1500 is my first target, a level given by the horizontal resistance and the measured target for the pattern, followed by the 1650-1700 zone.
A higher low should be in place now at 1240 and this bullish outlook is intact as long as the price stays above this level.
ETHEREUM Is Confused...But The Price May Rally.Hey trader, I hope you're having a profitable week and ready for NFP!
As you can see, the price is bullish running in the double bottoms L2 and above the bullish crossed short-term MA's. It is preparing to rally for the patterns L3 and 200 MA (that is not visible here but on my MT4 chart). We'll get the confirmation once the price has bullishly closed and retested above the Daily H&S Neckline and 8 MA. However, our signal can be rejected because the price previously bullish broke and didn't retest the 1st Monthly Key Lvl, Mini Weekly H&S Neckline together with the 50 and 21 MA's; which gives us a bearish target that the price might anticipate.
With that in mind, take the trades at your own risk. This is not financial advice; I'm just sharing my point of view. If you decide to take the trade and lose, do not blame me but yourself!
That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section below or in private, I'd love to know your thoughts and connect ;-)
Stay Blessed Baby,
Sphatrades.
Maybe This Will Turn Out GoodHey trader, I hope you had a fantastic weekend.
The daily price has closed with a bearish reversal candle pattern, getting ready to counter-trend to the 8 MA before continuing the uptrend we're in. The 4-hour price formed a double top that has its current price bearish running in the accumulation phase and in between the short-term MA's, confirming the daily timeframes bias. The 1-hour price is bearish running in the mini head and shoulder patterns accumulation phase, below its neckline, 50 MA, and bearish crossed short-term MA's. All that signals a bearish drop to the Daily H&S Neckline 2 where the daily timeframe target resides.
That's it for today. I hope you found value in this article; if you have a different concept in mind, feel free to share it in the comments section below, I'd love to know your thoughts!
Stay Blessed Baby,
Sphatrades.
Blue Monday Coming Up...(I think)Hey trader, I hope you had a fantastic weekend ;)
The price seems to want to rally. It formed a bullish head and shoulder pattern that led it to bullish break and retest its neckline together with the 50 and bullish crossed short-term MA's. This signals an upcoming 3-level uptrend to the last take profit point that forms part of one of the high timeframe targets. However, the price might not rally as anticipated. It may drop to the first trades stop loss key level, before or after triggering the trades. With that said, take these trades at your own risk!
That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section, I'd love to know your thoughts!
Stay Blessed Baby,
Sphatrades.
Ethereum- Bulls need a break above 1400.Since the drop to important 1250-1300 zone support two weeks ago, Ethereum started to consolidate in a tight range with this support as a base and 1400 as a ceiling.
A break above resistance would put the 1750 zone into play and under 1200 this bullish scenario is negated.