This is my personal opinion and observation. it is not financial advice. There are 2 strong resistance. Fibonacci retracement level of the trend lines intersect points.. And we have two pattern for rising.. first one harmonic shark pattern of supported head & shoulders.
at the time of writing the price of $eth is $353 you can long now.. eth has broken strong resistence .. targets are $500 .. *****not financial advise****
ETH/USDT IS FORMING A FLAG PATTERN ON 4HOUR CHART, LET THE BREAKOUT HAPPEN AND ETH WILL TAKE A NEXT MOVE TOWORDS 250$ IF YOU LIKE MY ANALYSIS PLEASE LIKE US
ETH/USDT #crcyptoscientist #crptoscientist ETH USDT pair is at retest support Zone Soon it will break the descending resisitance My Buy zone - Near Retest level (239- 236) sell target 1 - 246 sell target 2 - 256 follow me, support me @crptoscientist twitter @crptoscientist telegram channel @crptoscientist trading view
Daily time frame price hovering up over the POC. price walking through in an upside parallel channel cpm is over the trend line. Rsi bottom up, price hloding 38.2 fib level. Reason: Not to be bullish or bearish always. your life is your choice.
There is a divergence between RSI and Price.. there might be a drop in price to 210'ish levels.
Disclaimer: This information is for educational purposes only invest at your own risk !!
ETH is facing high resistance and looks like to short
Do your own research before investment ---
Seems we have ETH to have some big move tp 250 levels . Only for education purpose not a trade recommendation
This is just an idea so invest at your own risk
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
ETH is following ascending channel since its last fall to 86 dollars, On 30th April it tried to break out upward channel resistance but unable sustain the movement and thereafter it is moving downward with slight resistance of trend line that is depicted with green color. The white lines are Fibonacci retrenchment level 0.5,0.61,0.786 that represents 187, 211, 245...
ETH HOLDING SUPPORT LEVEL It Can Go More 20% Soon But BTC Stability Matters <3