ETHEREUM - 3700-3850 ULTIMATE TAREGT Ethereum
ETHUSDT looks more bullish vs BTCUSDT purely because of ETHBTC strength. We expect 3200-3500 initially and 3700-3850 subsequently once Channel Resistance breaks. Expect pullback from that zone before fresh breakout
1900-2200 Dips Buy Zone
Confirmed breakout entry above 2755
Ethusdtlong
Ethereum (ETHUSDT/ETHBTC) Breakout!Ethereum is breaking out with confirmation. Lets take a look at both the ETHUSDT and the ETHBTC charts, as ethereum is breaking out on both charts.
Looking at the ETHBTC chart, we see that ETHBTC has been trading in a tight descending channel. As I previously mentioned, if we break above the channel resistance, we are likely to see a big pump. Price has broke above the resistance. At the point of the break, there was a lack of volume, but after price consolidated, volume is now coming in as price is breaking higher, critically past the high of the initial break. If the close of this hourly candle can engulf the bodies of the previous candles, we are likely to see continuation upwards.
We see a similar pattern on the ETHUSDT chart. Here we have more of a trendline resistance than a channel, but in a similar way to ETHBTC, price broke above the resistance, consolidated, and is now breaking upwards with volume confirmation. When both ETHUSDT and ETHBTC pairs are telling the same story, the probability of the move is higher. And all this happening as BTCUSDT is also breaking its resistance at 35.5K adds more confirmation to the move.
As always, everything is just my opinion and not financial advice, DYOR, and stay safe!
ETH Will Bounce Back Towards 3200$ SoonHello Dear Traders,
Bcoz of btc dump ETH Declined 56%. This crash of eth was horrible and unexpected. now eth has reached to demand zone which is 2000$ area. i m expecting soon crypto market will retrace upper side. Eth will test 3200$ soon, whoever bought eth at higher price u can consider to exit at 3200$ zone.
Higher timeframe of eth is highly bearish.
Ethereum +120% profits since our call ... what for now?we already give it call on end of march that April will be amazing for Ethereum it was $1841 that time n already +125% till now 💸👌
(link of our call is in the related ideas section below this article)
congrats to whom followed us enjoy making profits ✌
what for now?
there is no a single weak indicator for Ethereum, let me make it for you more clearer:-
Ethereum is already flying above 10,20,50,200 EMAs.
Ethereum price hasn't been affected like other coins when market corrected last night.
Ethereum dominance is going up instead of going down like BTC, ETH dominance reached 19% right now on Coinmarket cap.
( dominance is flowing mostly from BTC to ETH before it goes to other alts)
Ethereum managed to keep its momentum while going up since it was $85 on march 2020.
Ethereum on a weekly Time frame shows so much strength, despite of the market correction ETH closed a complete green bullish engulfing candle which indicates for going higher n higher.
be patient for higher profits ⚡🤑
ETH Ready To Steal The Show Again? - UPDATEThis is an updated cleaner chart to my original ETH post on 4/3/2021. A weekly close above this historical resistance would be very good this weekend.
Click the link/chart for the original post:
Remember, be patient, stay level-headed, non-biased, and ahead of the crowd.