After my 1800 target has been completed, I'm waiting for ethereum to retest 1600 to go long. Currently it faces a major resistance near 1800 so I won't be surprised if it comes back down from this upward channel
Even after a considerable flush in Bitcoin prices, we see Ethereum holding the line very strongly. This was quite surprising and reassuring to ETH holders.
1. The long term trendline is still intact.
2. Nice wick at Bull market support band in weekly chart
3. Retest of the previous resistance of $3970 in weekly chart after breakout
4. Support at 200 day moving average
As per my last analysis, etherium has broken the 2400 resistance.
The price pumped almost to the 2700 mark before falling down for a sharp correction.
Meanwhile, you can see a double bottom pattern forming on the daily chart as well as the one hour chart.
This signifies a major upward movement with a potential of breaking out the 2900 level which has been the...
Etherium has hovered from 1700-2400 range for a while, touching 1700 support thrice.
However, it is the very first time that the price has crossed 55 EMA on the daily chart.
With this EMA acting as a support line and positive news about Etherium's utility, it's only a matter of time that the 2400 resistance will break, setting a new target at 2900.
The...
Are you buying ETH dip today??
Do you even think it is a dip or according to you ETH is going to zero soon?
Whatever your perspective is let me know in the comments #buythedip #ethusd
Triangle 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,...
Elon Musk's tweet on bitcoin had hitted crypto market badly, Ether(Crypto currency of Ethereum) had been falling from past few days, and currently ether is at one of its strong support. But we know that Ethereum is much better than bitcoin because it is not only used for transactions but it is a complete platform for development of decentralised applications, and...
Elliot wave and Fibonnoci analysis predicts the next target for dogecoin be 0.93 with a risk reward ratio of 1:3 ,with a waiting period of maximum 96 days from now as long as the SL is not trigered.
WARNING : kindly stick on with proper money management before entering any trade with a golden rule of risking less than 5 % of the total capital in every single trade.
at the time of writing the price of $eth is $353 you can long now..
eth has broken strong resistence .. targets are $500 ..
*****not financial advise****
1. Taking a long position on the retest of broken trendline.
2. If the retest fails it will go down hard.
3. Taking small risk over the account with proper Risk Management.
Ethereum
Overview
Ethereum(ETH) has suffered about 94+% correction(drop) since the all the time high-level point($1425) reached in January’18.
One key point to note that its following similar trend/pattern to Bitcoin of upward and downward movement in the market.
Let's analyze price action for Ethereum (ETH/USD) over the long term and proceed to highlight any...
We are doing Analysis of ETHBTC on 6 hours Timeframe .
With the Help of trend line , I have made trend line
Support and Resistance Levels
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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