Ethusdtrend
ETH/USDT 1D UPDATE Welcome to this quick update, everyone.
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ETH is forming this bearish Head and Shoulder pattern but it is not yet confirmed. For confirmation, it should drop up to $2300 but we have a support of $2400 let's see it can hold the price not If It Breaks the support then we confirm this Head and Shoulder pattern.
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ETH/USDT 4 HOURS UPDATE Welcome to this quick update, everyone.
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ETHUSDT is making this ascending triangle pattern expect a breakout upside this ascending triangle pattern let's see how it goes.
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ETH/USDT 6 HOURS UPDATE Welcome to this quick update, everyone.
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My previous ETH chart is going correct and, it got rejected from the $3250 level of resistance now it is holding support of this green line let's see how its goes
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ETH/USDT 4 HOURS UPDATE Welcome to this quick update, everyone.
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My previous ETH chart is going correct now, it is on a support of 21MA we expect a bounce up to 3400$.
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ETH/USDT 12 HOURS UPDATEWelcome to this quick update, everyone.
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My previous ETH chart is going correct now, it on on resistance of $3000 I expect a bounce.
let's see how the daily candle closes.
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ETHUSD: Trying to Build Base for Climb HigherEthereum markets dipped ever so slightly on Wednesday but continued to find buyers on dips. It looks like we are trying to form a little bit of a base in order to recapture some of the recent losses. In fact, if you look at the bigger picture, you could even make an argument that we are forming a “falling wedge”, which is technically a bullish sign. That being said, it is not one of my favorite patterns, but it is something that some people will be looking at. Just above, we have the 50 day EMA hanging about at $3995 and sloping lower, so that will have a certain amount of technical influence on what is going on, but the market has sliced through the 50 day EMA more than once, so I would not be overly concerned about this. If we can break above there, then it should suggest that the market is probably going to be testing the $4100 level, perhaps then opening up the possibility of a move towards the $4500 level given enough time. I do like Ethereum, and I do believe that we will eventually go higher, especially considering all of the new improvements to the network that will be coming over the next six months.
Having said all of that, that does not necessarily mean that we are going to simply take off to the upside, but what we will more than likely see is a building of bullish pressure over the longer term, giving us an opportunity to build up a position and then perhaps take advantage of the “Ethereum 2.0” rollout a few months now. I do believe that the $3500 level should offer support, and most certainly the 200 day EMA underneath at the $3195 level will as well. I have no interest in shorting Ethereum, although I do certainly recognize that there is a lot of downward pressure on it currently. Regardless, I think the real momentum-building move would be Ethereum breaking back above the $4000 level, and of course you need to keep an eye on Bitcoin, because it does have a bit of a “knock on effect” in this crypto market, as well as pretty much anything else. At this point, we are simply building up a bit of a base so that we can continue the overall uptrend.
ETHUSDT Analysis (All Possible Scenarios)Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
As you can see that ETHUSDT is also forming a falling wedge, so be ready for bull move.
What about me? Locally, of course, I would like to see the green scenario with 39k - to 40K test.
if will be consolidation above 39k, it means that we are going to test the upper border,
if not, then there will be another local decline in the region of 34-36k and only then growth, what option will be - time will tell, im just wait and hold my positions.
Good luck everyone!
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ETHUSDT | Best Entry & Target PointIf you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of ETHUSDT , I think we are going to see an upward movement. If you are going to go long now, make sure to place the stop below the previous support area .
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
ETH/USDT 1D UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
ETH bounce from this blu line support we are expecting a bounce up to ATH and if it breaks the blue line by daily closing then we can also expect a drop up to $3200.
let see how the daily candle closes.
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