Ethereum (Cryptocurrency)
ETHUSD - Time to go up?If you look at the monthly chart of ETHUSD, you will notice that the price is at discount zone and has hit an important Discount Array (FVG). It has reached the 50% of the FVG and reacted in a positive way.
Now we need to look at lower timeframes (1 Week and 1 Day) to see if price is willing to go higher.
Now this would be the right time to Invest if we see signs of price wanting to go higher.
This is just my personal view on ETHUSD. Please do your own research before taking any decisions.
Ethereum ready to break resistance near $1680.Ethereum has broken and sustained above the resistance of $1620. There was a stiff resistance at $1680, which failed to break on Feb 02, 2023, and Feb 04, 2023. It has crossed that level just now, but the chances of a false breakout are high now. Any move above $1685 today will clearly indicate a new uptrend.
Ethereum bullish trade Ethereum stands at a make or break level of resistance on daily time frame . It will either give a massive breakout and break the resistance or it will make a double top and start to collapse . This crucial level is to be tracked as we can get good targets on either side .
Hope this analysis will help you :)
Eth on daily time frame with supp & resis#ETH is on the brink of breakout! It's time for #crypto traders to pay attention to the up-channel and its breaking upper side trend line. Are you ready to join the #eth rally? Make sure you understand how market trends can help you maximize your gains.
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Added More To Short Position of ETHUSDT Hello every one I added more in my position after rejection this 15 minutes candle.
This conviction as follow:
Swept the Stop loss and big red rejection at my interested area which 4hrs Time frame supply zone. This type of movement at supply zone confirms the activation big player.
This idea is continuation of linked idea and it is not new position.
#Eth update Daily time frame with supp % ResisEthereum is currently following its trend line and heading toward resistance of $1252.
The price will move toward the next resistance at $ 1397 if the resistance is broken.
But if resistance is difficult to break & gets any rejection, it will come back towards the support level at $ 1050 - 998.