Ethereum / USD Short-term price analysis ETH has a neutral short-term trading bias, with the cryptocurrency falling back towards its 200-period moving average on the four-hour time frame. The four-hour time frame continues to show a valid head and shoulders pattern, with bulls failing to negate the bearish pattern during the latest rally in the ETH / USD...
Support and resistance—the yin and yang of crypto trading. Let’s dive into the mystical world of ETH (Ethereum) and decipher its price moves like seasoned sorcerers. 🧙♂️ Support Spells: These are the invisible safety nets beneath ETH’s feet. When the price stumbles, they whisper, “Fear not, hodler!” Here’s where they lurk: $3,120 Zone: A cozy spot where ETH sips...
#ETH/USDT situation, focusing on the potential retest levels due to decreasing volume and the formation of a bearish shark pattern: #ETH/USDT Analysis: Decreasing Volume and Bearish Shark Pattern Indicate Potential Retest Levels ### Decreasing Volume Volume is a crucial indicator of market strength. When the price of an asset rises while the trading volume...
ETH / USD Short-term price analysis Ethereum has a bearish short-term trading bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame. The four-hour time frame shows that a bearish head and shoulders pattern has taken shape, with the ETH / USD pair now testing towards the neckline of the pattern. Technical...
Ethereum's open interest is $6.38 Billion. As per Coinglass, another crypto analysis website, it rose by 1.63% in the previous session. The long versus short ratio for 24 hours is 0.9814. The short liquidation is $7.34 Million versus $14.69 Million for the long liquidation. What Can Ethereum Price Prediction (ETH) Be, Based On Technical Analysis? An analyst,...
In recent times, the Ethereum network had experienced significant changes, with its price structure also showing notable fluctuations in line with the overall market. The recent Dencun upgrade, also called Cancun-Deneb, was rolled out a couple of weeks ago on Ethereum (ETH) with the aim of enhancing the functionality and performance of the network, (which...
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
Ethereum (ETH) is currently trading in the $1499 range, the price of Ethereum (ETH) approaching the Head & Shoulder Support level . If the prices stay above baseline ( demand zone ) ETH could reach $2050. If Ethereum (ETH) falls below the baseline ( demand zone ) , it could fall to $1039. Comment your direction $2050 or $1039 Personally, I predicted that the...
Bearish View on ETHUSDT Trade: Sell ETH Perpetual future at $2220 Stop Loss: $2260 Target: $2170 Max Profit: $50/ETH Max Loss : $40/ETH Rationale: The most recent movement in ETH suggests a potential temporary halt in the upward momentum, with noticeable retracements in play. Moreover, a recently established supply zone/resistance has been pinpointed on...
Bullish View on ETHUSDT Trade: Buy ETH Perpetual future at $2250 Stop Loss: $2180 Target: $2350 Payoff: Max Profit: $100/ETH Max Loss : $70/ETH Rationale: ETH has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key pivot levels at 2275 during the recent trading session, signifying...
Introduction: In this technical analysis, we will delve into the ETH/USDT trading pair and explore crucial levels and patterns that can assist traders in making informed decisions. We will focus on the selling area at 1920 and 1940, anticipate a potential correction towards 1800, and analyze the significance of an inside bar formation within the selling area....
The Ethereum (ETH) price in USD kept growing in value over the course of April 2021, at one point reaching over 2,500 U.S. dollars. Much like Bitcoin (BTC), the price of ETH went up in 2021 but for different reasons altogether: Ethereum, for instance, hit the news when a digital art piece was sold as the world’s most expensive NFT for over 38,000 ETH – or 69.3...