ETH/USDTEth/Usdt forming falling wedge in 1hr. If we break the wedge successfully than our next target would be around 400$-415$.
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ETH could hit 245 dollorETH 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 level respectively,the price is facing resistance from 211.
If price breaks that level it will hit 245 level within next 2 to 3 days , buy it at 215 with volume confirmation
ETH/USD forming this dangerous patternsETH is about to get rekt. rising wedge is usually a bearish pattern though it can break to the upside if support is too strong and it can act as reversal pattern.
ETH/USDETH/USD(Bitfinex)
Ethereum has seen a price jump due to the hard fork fever but couldn't manage to sustain momentum and dipped 25%+ recently after the hard fork got over.
Bullish Case:
After the recent drop it tested the support level of $116-$117 and jumped(15%+) to $131 price level recently.
If it manages to hold this level $116+ and breaks $151+ price level then we might test $200 level in the coming days/weeks.
Bearish Case:
It manages to break the long term downtrend-line(dotted line) but couldn't sustain above it long enough due to recent sell off.
If it doesn't hold the $107-$111 level then it might see price level below $80 in the coming days/weeks.
Overall the recent case of price movements for ethereum has been "Buy the rumour , Sell the news" example which happen quite often in cryptocurrency.
ETH/USD Triangle Time For Long From 207 USD and Enjoy ProfitETH/USD Time For Long From 207 USD and Enjoy Profit upto 3 Levels.
First Target 217 , Second 228 , Third 250 and Stop Loss 200.
Let c.......
Stay Tuned........!!
Learn Here , Earn EveryWhere
ETH long position on trend reversal ETH long position on trend (300 Support) reversal.
Trade entry - 300.90
SL - 300.45
Target - 304.17
ETH on the Verge of A PumpETH on a verge of a major upwards break. RSI is oversold, and a slow accumulation at prices 1525-1555. Also noting, a major dump upcoming for BTC, a majority of that liquidity could be expected to move into ETH.
#ETH📊 Ethereum () Chart Pattern Alert! 🔥
📈 ETH is forming a key chart pattern, which could provide important clues about its next move. Whether you’re trading or HODLing, now is a good time to pay attention to the technicals.
🔍 What to Look For:
Current Pattern:
Support & Resistance: Watch for ETH testing major support and resistance levels—these could trigger big moves.
Breakout Potential: If the pattern completes, we could see ETH make a decisive breakout either to the upside or downside.
🚨 Key Indicators:
Volume: A rise in trading volume could signal confirmation of the next move.
Trendlines: Keep an eye on the upper and lower trendlines for breakout or breakdown signs.
Price Action: Price targets can often be measured based on the height of the pattern.
🌟 Why This Matters: Technical analysis patterns can provide insight into market sentiment and help anticipate potential price movements. Stay informed and keep your strategies sharp!
📊 Always do your own research and consider risk management in your trading decisions.
#ETH CRYPTOCAP:ETH
Will be looking for longs into this FVG.
maybe.
> USA fuds
> Mtgox fuds
> Germany fuds
We have so many fuds right now, why everyone didn’t open short for free money? Everything will be nuke really?
ETHSimilar to Bitcoin, ETH is setting up the best buy points in the fibonacci retracement wave, which will tend to increase and correct to the area of the last two peaks at $4000, then drop to $3200 before returning to $4300. Let's wait and see the transaction results with ETH
ETHThrough the chart, it is clear that ETH is affected by the economic crisis, but do not worry, ETH should remain in the portfolio. It is always strong, and its price will rise as shown in the graph.
