ETHEREUM TAKING SUPPORT ON THESE LEVELS BOUNCE BACK IS POSSIBLE Ethereum is taking a good support and forming a spinning top kind of candle on daily charts reversal is quite possible
Ethereum (Cryptocurrency)
ETH Ethereum | Ready for its Next legFlag and Pole Pattern.
Breakout with good number of Volumes.
Study Tips:
How to Calculate Potential Target for this Pattern type breakouts?
1)Measure the Pole Length of the Flag --> Length AB = Point A - Point B.
2)Place the Pole length above Flag breakout Point --> Length CD. Where Length AB = Length CD.
3)Point C will be our Potential Target Point.
**Above all Points A, B, C & D will be approx. values near it zones.
Lets see how things unfold. Study it!! Happy Learning!!
ETHEREUMGo LONG when it BREAKS the TOP LINE of the RED CHANNEL
Or else, WAIT until it finds some SUPPORT at LOWER LEVELS ( 3000-3500 Range)
Ethereum - above 3380 - its all set to reach 4000+Ethereum - 4000+ on its way from cmp
* Importance resistance level is all set to break
* Once breakout from its resistance level - then no supply zone found
* Triple bottom already formed
Do fibs actually work ? Fibonacci extension simplified.This is an analysis of Ethereum in which I’ve used trend based Fibonacci extension to find the potential pivot points. Look how many times Ethereum got rejected at the 0.382 fib followed by a break above and a flip of that fib resistance to support. It easily moves to the next target of 3800 $ and found resistance there at 0.5 fib. It’s very useful as a trader and as an investor. To learn how to use fibs and other day trading and long term trading techniques follow me. I specialise in entry and exit strategy.
ETH IN A CRITICAL ZONEETHEREUM is in a critical area from where it could likely breakdown. But the confirmation comes if it breaks the demand zone as well. Breaking the consolidation zone in the upper side with good volumes could give upward rally as well but that doesn't seem to be a likely case currently.
Quick buy ethusdHello guys i had find a good setup in ethusd which is in buy for intraday with low risk and high reward we can buy from here with given swing low sl and 1:2 tg also plzz do your own analysis before taking any trading decision if you like my analysis plzz like share and follow for more thank you
ETH, Greatest invention of our time. "Hopium Chart"Pay close attention to what the chart has been doing .
Cut the noise and do what you have to do ,incase this plays out..
Clear invalidation below 1700s .
Good luck .
ETC long setup ETC is currently in the accumulation zone buy a bag of ETC and hold it or long it in future use proper SL as given
If BTC successfully able to break $50k then its all good
Enjin Coin, beautiful setupWaiting....this is where you F up.
Enjin has been lagging quite a bit, I think their bags are now loaded. Time to send it. Starting ENJin SOONtm
Solana Playing Out As Predicted A breakout from the symmetrical triangle for solana as anticipated for a nice 12% long.
One of the best crypto to begin your trading\investing with.Raven coin is one crypto i am having my eyes on lately, it has given good returns after the crash and expecting it to continue the same
BITCOIN BEAR VIEWThis is called REDISTRIBUTION process. If it gets executed we may really see Bitcoin that low in long term
ETHUSD long term projection #NFAETHUSD Long term projection #NFA. I have a bullish count for this too but for that btc needs to reclaim above 52.5K on higher timeframes with sustainable volume . shared in previous posts. #NFA
Btc projections-NOT FINANCIAL ADVICE- also this is my first time posting so the draft might be a bit amateur. let's start-
The current trend should continue for the next 7-10 days barring a major Sell-off, hence we should testing the 58k fib level within August. There could be some sideways action at that level. Then 2 things could happen:-
Bullish projection- All time high around 80k to 100k would be reached by year end with around 65% correction following.
Bearish projection- BTC reaches 56k in august then falls sharply and tests the 200 week moving average/ around 20k.
This is all pure speculation and my personal analysis, this should not be taken as financial advice.
ETH Ascending channelEth broke above trendline resistance in 4H time frame, and now retesting it as support in 1h TF. Will wait for 1h bullish close above it to go long
ETH-USDOnly 2 days are left for Ethereum's Hard Fork, this upgrade will be very critical for the Ethereum based dApps. Ethereum London Hard Fork popularly known as EIP-1559 Upgrade is scheduled to go live on August 6th. The upgrade is expected to reduce the gas fees being charged on transactions by implementing a base fee pricing mechanism that would dynamically change with respect to the congestion in the blocks of the Ethereum blockchain.
On the Daily TF, ETH was trading in a Bullish Descending Triangle pattern and on 29th July, it gave a strong breakout from its resistance after forming a Double bottom kind of formation. Currently, it is sustaining above all its major and minor DEMA's. Also, the short term trend is turning bullish as its 50 and 100-DEMA is giving a bullish crossover.
Daily RSI is not indicating overbought conditions yet which suggest that the current rally can continue in the coming days also. On-Chain data is also showing a positive structure, as per the Santiment(On-chain data insights provider), unique active addresses on the Ethereum network has surpassed BTC address activity.
Key levels to watch out for:
The nearest support is present at $2400 followed by $2250 as its 50 and 100-DEMA is also present at this level. If it closes below this level, selling pressure is most likely to continue till the level of $2K
The immediate resistance is present at $2650, if it decisively breaks this level, the next major resistance is $2850 followed by $3100.
ETH Price Prediction - EthereumEthereum ETH Price Prediction 2021
ETH is forming W Pattern and both the possibilities I've shared in my chart
