Correccion 4300 para buscar nuevos maximos en 5400 y rumbo a 6k
Some fundamental analysis on ethereum from q3 2020 to q3 2021 Network revenue up 511% since last year Value settled up 398% Value locked soared 1,242% Layer 2 TVL surged 29,786% NFT sales mooned 141,847% And ETH issuance decreased by 29%
Price has broken the corrective structure and, we are riding on an Impulsive move. If the price breaks wave ((X)) at 3676, we can expect a new high. Target 1: 3298 Target 2: 3383 Target 3: 3490 Target 4: 3676
If ETHUSDT is trying to make a new high, It has to cross above wave (X). I had published ETHUSDT's chart on 1st Oct 2022. Click here : It has touched the 3rd target. Will it go for the 4th TP? I will update further. Quote of the day: "Let the market commit to you first before you commit the market''.
This move reminds me of April-May/2018 I think we made a top here Don't listen to what they say Good luck, brothers n sisters!
eth/usdt motion is precisely accompanied by analysis between the ascending canal
ETH is moving in an upward channel. The lower boundary acts as strong support and the upper boundary as resistance. Locally the price is moving towards the middle of the channel, if this level fails, the next target will be the lower boundary of the channel. If support fails, the next levels where price could move are the liquidity levels on the chart below....
Bitcoin is still trading on the support line. After the breakout, BTC is now testing the support line before the next leg up. BTC needs to make an upward move soon; otherwise, we will see a test of $58,000 - $59,000. The resistance remains the same of $63,800 - $65,000. We will see high volatility next week. ❌Bitcoin hash rate is increasing and nearing the May...
in the daily chart, we can see the price try to make the last impulsive wave or the wave 5 and then continues to turn down make a big correction. i measure the target/reversal level using Fibonacci but you can use the trend line also.
bitcoin is going pretty confidently. Will there be a breakdown of $ 70,000? or will the price go lower?
Expecting short here but a break could run it up to $6,800 B, HF
Looks like ETH will run on BTC decline. Target price finally insight for ETH. First stop 4710. Expecting potential rejection here.
Hi dear traders ETH seems to need a small correction to reach the Target 5000$. Negative divergence is seen in RSI and price But market is bullish in this week. Good luck.
While BTC has outshined ETH over the last day, I think it may be transient. While BTC is busy bumping up and down in a consolidation zone, ETH is out there continuing to make new all-time highs. Volume is still fairly low on both, but we are moving in the right direction and ETH is proving to be the unstoppable Juggernaut. For now, it's steady as she goes....
Picture-perfect retest of support from $4,384.43 in the shape of a hammer pattern. This was followed up with consecutive gains to refresh ATHs Next on tap is a 100% Fibonacci projection at $4,983.9 (AB=CD #bearish formation)
Vet recently broke through an important level where price struggled to get past twice before. The 1.60 level has proven to be an important price to watch. Now that we have broken through, we can look for long opportunities on the retest of the structure, and ideally a touch off the ascending trendline. Look for lower time patterns for confirmation!
We could be reaching the point of a cool off/pull back. Here is why.. 1. At the top of ascending triangle on high time frame. 2. RSI Bearish Divergence 3. OBV Bearish Divergence Green boxes are support areas of interest for bounces if we fall further from here.
The price moves strongly upward in the price range. I expect a correction, after which there will be a new high.