ETHUSD: A brief look at the things to come
Ethereum price is hovering inside a supply zone ($2,529 to $2,588), struggling to breach past it.
Two possibilities are possible here - a bullish spike that pushes ETH price above the said supply zone and proceeds to tackle the range high at $2,993.
Or a rejection at the supply zone that drags it down to the buy zone ($1,992 to $2,208).
If the bullish scenario plays out, Ethereum price could collect liquidity from the pocket highlighted in the chart ($2,850 to $2,915) and trend lower before actually proceeding higher
On the other hand, if the bearish scenario evolves, ETH price could slide into the demand zone, sweep $2,208 or $2,100. This would be followed by a flip of the supply zone into a demand zone and a retest of the swing high at $2,993.
In case, $2,993 is flipped into a support level, Ethereum price could rally and tag $3,124 and $3,316.
As always,
Leave your thoughts in the comments!
Feedback or questions are appreciated.
DYOR
Not Financial Advice (FA)
ETH-D
EthereumTriangle pattern had been observed on 4 hour ethereum charts.
Entery point - anywhere below $2,800
Target - $3,700
Ethereum had been consolidating inside a fixed range for a while now, this is a potential breakout. If the target hits, there is more potential since it will be above many important moving averages, and EIP1559 will start burning token from 15july, these all signs indicate that Ethereum is currently undervalued mainly because of media FUD, but charts and data shows that long term investors and big players had been accumulating more and more ethereum during this dip.
ETHUSD : Looking for great buying opportunity!ETHUSD is looking for great buying opportunity after having 60% correction & has the high chance to make some heavy chunks of profit for the next coming month. & formed descending channel on 4h & has reached at the bottom for the continuation to the upside!
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No Signs Of Stopping | Ethereum To $4,444+ Or $5,000+ ??? EtherEthereum (ETHUSD) continues with its very strong bullish bias and price discovery action... How much higher can it go?
Everything continues to point higher.
More and more adoption news, events taking place.
More companies integrating cryptocurrencies into their platforms.
Something many believed was impossible just a few months ago.
We held through the entire bear market.
We continued to be positive, we fought, we cried, we lost...
Now, we are rewarded a 100 fold.
We trusted the market, our feelings, the charts, the signals, the vision, the dream...
Everything that crypto was promising has become true and the market continues to evolve.
We could not predict NFTs nor DEFI, but these are also growing and there will definitely be more.
Innovation is what this market is now becoming known for.
Ethereum is showing no signs of stopping... Let's see how far up we can go.
The targets are mapped on the chart.
What's your take... Correction or more growth?
Share in the comments with us.
Namaste.
Ethereum Can Easily Hit $3250 Daily If The Final Upgrade From...What is happening with Ethereum (ETHUSD)?
This chart is looking weak or strong?
Ethereum has been growing massively and this is great news for the entire cryptocurrency markets.
It is great when Bitcoin grows but it is also good to see the Altcoins do great... Feel free to hit LIKE now and let's get to the ETHUSD chart.
Ethereum vs the U.S. Dollar
The resistance is now set at $2750 - $2800; I came here because I saw the potential for a bullish breakout and wanted to let you know.
📊 Above $2800, ETHUSD can make a quick and strong jump to $3250 or more.
Conditions for change
If the bears jump in and the bullish momentum is lost, support can be found first at EMA10 now sitting at $2560, this would be our main daily support.
If this level breaks, we look for $2150 as the next support (EMA50).
Any trading above EMA10 and we are STRONGLY BULLISH ON ETHUSD.
Remember what I shared in my previous analysis... Bitcoin is very likely to follow Ethereum and hit a new All-Time High, soon!
What's your take?
LEAVE A COMMENT!
Namaste.
Ethereum (ETH) Moves Ahead, Back Above EMA10 +Altcoins UpdateEthereum (ETH) Moves Ahead, Back Above EMA10 +Altcoins Update
Ethereum (ETHUSD) peaked 16-April reaching a new All-Time High, what followed was a sudden but fast correction that took prices all the way down to EMA50 on a wick... Let's see what happens next.
Ethereum Bullish Chart Signals @alanmasters
Yesterday we saw ETHUSD bounce off the EMA21 line to close daily above EMA10 ($2294), this is a bullish signal.
The short-term potential of any altcoin trading pair can be determined depending on where the current active candle is trading compared to the EMA10 indicator.
Above EMA10 we are bullish.
Below EMA10 we are bearish, but this is only short-term.
We also have a very strong RSI above 62 and the MACD on the bullish side as well.
We have an ascending channel/higher highs and higher lows.
The altcoins market, in general, continues to do great, we've seen some short corrections, small retraces, just like Bitcoin did in 2020.
After these small corrections and retraces, we continue growing more and more.
This is expected to continue for the entire year of 2021 and beyond.
What's your take?
Both Bitcoin & The Altcoins Market will continue blessing us with tons of opportunities.
It is a great time to be trading altcoins now.
Remember that patience is key.
Thanks a lot for your continued support.
Namaste.