Etherium is in a bullish trend after a long time , it have given clearly a breakouts in resistances zones in 1 day time frame and also a breakout in a parallel channel in one hour time frame , volumes are increasing day by day , getting ready soon for another all time high
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.
Etherum has had a great long term run since April of last year. The overall trend of the coin is still ok. I look to make sure the price is still above the 200 day EMA which it is right at that point. I am looking for entry here, though the Supertrend still has not given a good indicator to re-enter. As long as the price stays above the EMA once Supertrend...
from last week bitcoin going up
from 9100 to 10500 speed fast
now rsi from two days going down
and 5600 is support level
eliot waves #waves also at top point so it go down within 2-3 days
volatility of buying and selling is high