This is the first case which should be on eth like cup and handle follow and make a new high to 7k to 10k in the next few months so eth has potential to make 10x to 20x returns in the next few months
ive used schiff picthfork, trend based fib extension, chart pattern , support resistance to get this level and conclusion
NOTE ; This could be long term call, buy eth at cmp my stop loss will be 1100 and target will be 2000 & 3500
ETHUSD Longs view points for December and jan 2024
ETHUSD above the 2120-40 is the golden zone for longs .
2120-2140 important because so many times to break at this points ....if break upside then long side party enjoy 😂😂
Up trending frp0om downside .(1530)
Ethereum/USD Uptrend movement potential with RISK:REWARD 2.46
Symbol Ethereum/US dollar
Time frame :4 hours
Analysis :There is a break out from the symmetrical Triangle and the price is rallying on the up side .So, We will check the condition for Uptrend movement .Moving average ,MACD and PIVOT point condition is checked for uptrend movement. BUy call above...
ETHEREUM is in UP trend moving UP since 01JAN23 on 14JAN23 we can see HUGE BULL CANDLE and I found my BOS so I marked my OB first OB on 4H.
On 15FEB23 saw couple of BIG BULL CANDLE and that's my second OB.
ETHEREUM market showing BIG CANDLES with BIG WICKS!
If market break second OB and went down then what? NO WORRIES!!!
Because we have EXTREME OB already and...
bearish flag pattern on higher time frame
eth death is still on play if u r on long be carefull
if eth falls matic shiba & all eth based coins will fall
eth to fall all time low BINANCE:ETHUSDT BITSTAMP:ETHUSD CRYPTOCAP:ETH
Bitcoin has been in a strong uptrend for the past few months, with the cryptocurrency reaching a local high above $25000. However, since then, the price has been consolidating within a range between $24500-25000
Currently, Bitcoin is showing signs of a potential bullish continuation, as the price has formed a bullish flag pattern, with a narrowing range and...
Based on the daily timeframe analysis of Ethereum (ETH), we can observe that the cryptocurrency is currently facing important support and resistance levels. If the daily candle closes below 1681, we may see a pullback to the Fibonacci retracement levels of 0.382 and 0.5, which are located at around 1400. This area could serve as a significant support level, where...
ETHUSDT is currently in ABCDE (Elliot Wave) pattern.. Before next rally starts... ETHUSDT will come down to 1560-1550 levels. If these levels are sustained then it will starts its new rally for highs. Keep watching
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...
last 2-3 weeks we seen huge buying in ETH coin, in upcoming months its going pump very hard.
entry and targets are given on the chart. Please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1900).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
to the downside and price currently holding to retracement below the upward parallel channel. any moment price moving 185 and lows then huge crash ahead 50% to price at 150.
Reasons:
1. Rsi making higher lowe with divergence
2. Price structure broke to downside of the upward parallel channel
3. Holding pullback level 189.80
